KG
Kestrel Group, Ltd.
stock NASDAQ

**Source:** [https://x.com/solana/status/2071219209619566601](https://x.com/solana/status/2071219209619566601)
This week on Solana: a UK-regulated bond fund, memory stocks, gold, and a 65-million-year-old Triceratops skull, all going onchain. Then the institutions showed up: KG Inicis, Korea's largest payment platform, signed on, and MoneyGram became a validator. 🔥
Here’s what shipped:
📰 **Headline News**
\- [@BGDA\_UK](https://x.com/BGDA_UK) launched [$BAGEY](https://x.com/search?q=%24BAGEY&src=cashtag_click), the first publicly available, fully native, UK-regulated tokenized bond fund
\- Allfunds expanded its distribution network to Solana, bringing €1.8T in assets under administration closer to onchain rails
\- [@MoneyGram](https://x.com/MoneyGram) joined the Solana Developer Platform as an infrastructure partner and went live as a network validator
\- Toss Bank partnered with [@SolanaFndn](https://x.com/SolanaFndn) to pilot stablecoin remittance rails for its 15M users
\- KG Inicis, South Korea’s largest payment platform, signed an MOU to bring Solana stablecoin payments across its 25T KRW annual merchant network
\- [@colosseum](https://x.com/colosseum) announced the winners of the Solana Frontier Hackathon, with accelerator cohort spots to follow.

📰 **Launches**

\- [@SolanaFndn](https://x.com/SolanaFndn) launched [http://solana.com/data](https://t.co/sUNfvDNcJG), unifying core network metrics under a single open schema across nine initial providers
\- [@Backpack](https://x.com/Backpack) Securities launched [$MU](https://x.com/search?q=%24MU&src=cashtag_click), [$SNDK](https://x.com/search?q=%24SNDK&src=cashtag_click), and [$DRAM](https://x.com/search?q=%24DRAM&src=cashtag_click) on Solana via [@sunrise](https://x.com/sunrise)
\- [@HastraFi](https://x.com/HastraFi) revealed plans to expand its institutional credit primitives into US auto loans with the upcoming launch of AUTO
\- [@Paxos](https://x.com/Paxos)’s [$PAXG](https://x.com/search?q=%24PAXG&src=cashtag_click) went live on Solana via [u/sunrise](https://x.com/sunrise)
\- Mithril, a fourth, Alpenglow-compatible validator client, launched its test network implementation with active block production capabilities
\- A regulated Solana ETF (SOLZ\_KZ) officially listed on the Kazakhstan Stock Exchange (KASE)
\- [@solsticefi](https://x.com/solsticefi) introduced aiUSX, a yield product that directly finances institutional AI data center infrastructure
\- [@Arcium](https://x.com/Arcium)’s [$ARX](https://x.com/search?q=%24ARX&src=cashtag_click) went live on Solana alongside its Blackthorn™ for private frontier AI execution on NVIDIA GPUs
\- [@Titan\_Exchange](https://x.com/Titan_Exchange) introduced DCA, enabling fully private dollar-cost averaging routed through its DART engine
\- [@rarible](https://x.com/rarible) launched the Gacha Station with [@Collector\_Crypt](https://x.com/Collector_Crypt), bringing graded real-world TCG and sports items onchain
\- [@thegardendao](https://x.com/thegardendao) debuted as an internet capital experiment for fans to collectively buy and preserve sports history relics
\- [@surfcashx](https://x.com/surfcashx) shipped crypto-native, uncollateralized loans that use wallet history to issue instant USDC credit
\- [@fairscalexyz](https://x.com/fairscalexyz) opened the waitlist for its new app that turns onchain and offchain history into a reputation score
\- [@HoudiniSwap](https://x.com/HoudiniSwap) integrated with [@jumperapp](https://x.com/jumperapp) to bring private cross-chain swaps and bridging directly to Solana users
\- [@TXODDSOfficial](https://x.com/TXODDSOfficial) launched a $50k World Cup hackathon covering prediction markets, trading agents, and consumer apps
\- [@ExponentFinance](https://x.com/ExponentFinance) went live with Risk-Tranching primitives, launching principal protection features for [@OnRefinance](https://x.com/OnRefinance)'s ONyc vault
\- [@pumpcade](https://x.com/pumpcade) announced the Cade Cup tournament with $5k+ daily prizes for World Cup predictions
\- [@JurassicFi](https://x.com/JurassicFi) announced plans to tokenize Deaton, a museum-grade, 60-65% complete Triceratops skull
\- [@swishdotcash](https://x.com/swishdotcash) rolled out Plug, allowing developers to integrate private Solana payments using a single line of code
\- [@loyal\_hq](https://x.com/loyal_hq) launched an earn routing primitive that automatically sweeps idle wallet balances into yield-bearing smart accounts
\- [@SolanaFndn](https://x.com/SolanaFndn) and [@torqueprotocol](https://x.com/torqueprotocol) kicked off a $25k Frontier trading campaign
\- [@EitherwayAI](https://x.com/EitherwayAI) deployed Agentic Mode, an open-source model that builds and maintains web3 apps from a single prompt
\- [@packetchat](https://x.com/packetchat) debuted an encrypted private social network built for monetized interactions between users and AI agents
\- [@getblockio](https://x.com/getblockio) upgraded its RPC infrastructure, increasing Compute Unit limits across all plans
\- [@Helius](https://x.com/Helius) shipped an API endpoint to let developers fetch any wallet’s exact asset balance at a historical slot or date
\- Solana Summit Serbia announced its Belgrade lineup, hosting 40+ global regulatory, banking, and VC speakers this summer

📰 **Milestones**

\- Solana tokenized stock volume crossed $10B all-time, with daily volume hitting a new $553M ATH
\- [@hylo\_so](https://x.com/hylo_so) surpassed $500M in cumulative processed volume
\- [@WSOP](https://x.com/WSOP) buy-ins processed on Solana via [@moonpay](https://x.com/moonpay) hit $10M
\- [@ArcherExchange\_](https://x.com/ArcherExchange_) crossed $100M in cumulative trading volume within six weeks of launch
\- [@solflare](https://x.com/solflare)’s Packs portal generated 10K+ pulls and \~$5M in insured TCG value in less than a week
\- [@useKled](https://x.com/useKled) secured a $12M, two-year data acquisition deal

If you enjoyed this week’s newsletter, please share it with an RT.
Cover art by [@DuckzzyOG](https://x.com/DuckzzyOG) 🤝

https://preview.redd.it/x8vwitord2ah1.png?width=680&format=png&auto=webp&s=973f7830d9375716458f26caf57fdcfdd8c9a2fa

**Source:** [https://x.com/solana/status/2071219209619566601](https://x.com/solana/status/2071219209619566601)
This week on Solana: a UK-regulated bond fund, memory stocks, gold, and a 65-million-year-old Triceratops skull, all going onchain. Then the institutions showed up: KG Inicis, Korea's largest payment platform, signed on, and MoneyGram became a validator. 🔥
Here’s what shipped:
📰 **Headline News**
\- [@BGDA\_UK](https://x.com/BGDA_UK) launched [$BAGEY](https://x.com/search?q=%24BAGEY&src=cashtag_click), the first publicly available, fully native, UK-regulated tokenized bond fund
\- Allfunds expanded its distribution network to Solana, bringing €1.8T in assets under administration closer to onchain rails
\- [@MoneyGram](https://x.com/MoneyGram) joined the Solana Developer Platform as an infrastructure partner and went live as a network validator
\- Toss Bank partnered with [@SolanaFndn](https://x.com/SolanaFndn) to pilot stablecoin remittance rails for its 15M users
\- KG Inicis, South Korea’s largest payment platform, signed an MOU to bring Solana stablecoin payments across its 25T KRW annual merchant network
\- [@colosseum](https://x.com/colosseum) announced the winners of the Solana Frontier Hackathon, with accelerator cohort spots to follow.

📰 **Launches**

\- [@SolanaFndn](https://x.com/SolanaFndn) launched [http://solana.com/data](https://t.co/sUNfvDNcJG), unifying core network metrics under a single open schema across nine initial providers
\- [@Backpack](https://x.com/Backpack) Securities launched [$MU](https://x.com/search?q=%24MU&src=cashtag_click), [$SNDK](https://x.com/search?q=%24SNDK&src=cashtag_click), and [$DRAM](https://x.com/search?q=%24DRAM&src=cashtag_click) on Solana via [@sunrise](https://x.com/sunrise)
\- [@HastraFi](https://x.com/HastraFi) revealed plans to expand its institutional credit primitives into US auto loans with the upcoming launch of AUTO
\- [@Paxos](https://x.com/Paxos)’s [$PAXG](https://x.com/search?q=%24PAXG&src=cashtag_click) went live on Solana via [u/sunrise](https://x.com/sunrise)
\- Mithril, a fourth, Alpenglow-compatible validator client, launched its test network implementation with active block production capabilities
\- A regulated Solana ETF (SOLZ\_KZ) officially listed on the Kazakhstan Stock Exchange (KASE)
\- [@solsticefi](https://x.com/solsticefi) introduced aiUSX, a yield product that directly finances institutional AI data center infrastructure
\- [@Arcium](https://x.com/Arcium)’s [$ARX](https://x.com/search?q=%24ARX&src=cashtag_click) went live on Solana alongside its Blackthorn™ for private frontier AI execution on NVIDIA GPUs
\- [@Titan\_Exchange](https://x.com/Titan_Exchange) introduced DCA, enabling fully private dollar-cost averaging routed through its DART engine
\- [@rarible](https://x.com/rarible) launched the Gacha Station with [@Collector\_Crypt](https://x.com/Collector_Crypt), bringing graded real-world TCG and sports items onchain
\- [@thegardendao](https://x.com/thegardendao) debuted as an internet capital experiment for fans to collectively buy and preserve sports history relics
\- [@surfcashx](https://x.com/surfcashx) shipped crypto-native, uncollateralized loans that use wallet history to issue instant USDC credit
\- [@fairscalexyz](https://x.com/fairscalexyz) opened the waitlist for its new app that turns onchain and offchain history into a reputation score
\- [@HoudiniSwap](https://x.com/HoudiniSwap) integrated with [@jumperapp](https://x.com/jumperapp) to bring private cross-chain swaps and bridging directly to Solana users
\- [@TXODDSOfficial](https://x.com/TXODDSOfficial) launched a $50k World Cup hackathon covering prediction markets, trading agents, and consumer apps
\- [@ExponentFinance](https://x.com/ExponentFinance) went live with Risk-Tranching primitives, launching principal protection features for [@OnRefinance](https://x.com/OnRefinance)'s ONyc vault
\- [@pumpcade](https://x.com/pumpcade) announced the Cade Cup tournament with $5k+ daily prizes for World Cup predictions
\- [@JurassicFi](https://x.com/JurassicFi) announced plans to tokenize Deaton, a museum-grade, 60-65% complete Triceratops skull
\- [@swishdotcash](https://x.com/swishdotcash) rolled out Plug, allowing developers to integrate private Solana payments using a single line of code
\- [@loyal\_hq](https://x.com/loyal_hq) launched an earn routing primitive that automatically sweeps idle wallet balances into yield-bearing smart accounts
\- [@SolanaFndn](https://x.com/SolanaFndn) and [@torqueprotocol](https://x.com/torqueprotocol) kicked off a $25k Frontier trading campaign
\- [@EitherwayAI](https://x.com/EitherwayAI) deployed Agentic Mode, an open-source model that builds and maintains web3 apps from a single prompt
\- [@packetchat](https://x.com/packetchat) debuted an encrypted private social network built for monetized interactions between users and AI agents
\- [@getblockio](https://x.com/getblockio) upgraded its RPC infrastructure, increasing Compute Unit limits across all plans
\- [@Helius](https://x.com/Helius) shipped an API endpoint to let developers fetch any wallet’s exact asset balance at a historical slot or date
\- Solana Summit Serbia announced its Belgrade lineup, hosting 40+ global regulatory, banking, and VC speakers this summer

📰 **Milestones**

\- Solana tokenized stock volume crossed $10B all-time, with daily volume hitting a new $553M ATH
\- [@hylo\_so](https://x.com/hylo_so) surpassed $500M in cumulative processed volume
\- [@WSOP](https://x.com/WSOP) buy-ins processed on Solana via [@moonpay](https://x.com/moonpay) hit $10M
\- [@ArcherExchange\_](https://x.com/ArcherExchange_) crossed $100M in cumulative trading volume within six weeks of launch
\- [@solflare](https://x.com/solflare)’s Packs portal generated 10K+ pulls and \~$5M in insured TCG value in less than a week
\- [@useKled](https://x.com/useKled) secured a $12M, two-year data acquisition deal

If you enjoyed this week’s newsletter, please share it with an RT.
Cover art by [@DuckzzyOG](https://x.com/DuckzzyOG) 🤝

https://preview.redd.it/x8vwitord2ah1.png?width=680&format=png&auto=webp&s=973f7830d9375716458f26caf57fdcfdd8c9a2fa