Daily Alpha and Summary. 20, June, 2024

Defi

Fantom commits 200M FTM for Sonic Labs Investor Fund to to accelerate partner migration for their Sonic launch.

Coinbase will list $Core today

Covalent is launching Taiko and zksync airdrop to CQT stakers. This is part of their ecosystem airdrop campaign for their token holders

Hyperlane collaborates with Everclear to add permissionless interoperability to Renzo’s ezETH

L0

Particle raises $15M in latest funding round led by Spartan Capital, bringing total tugging to $25M

Any DA layer can now build their own DA server to integrate into the OP Stack in Beta

Sexxy red

State of the Market

Canadian investment fund 3iQ files to launch Solana ETF in North America

MicroStrategy acquired 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash