Crypto Biz: Bitcoin VC surges, Robinhood faces tokenization scrutiny, CZ debunks Golden Visa hype

Key Points

1. Ego Death Capital raised $100 million to invest in early-stage Bitcoin startups, focusing on Bitcoin as the primary decentralized and secure base for development.

2. Robinhood's stock surged due to its tokenization push, but European regulators are scrutinizing its private equity token offerings, including those linked to OpenAI and SpaceX.

3. CoreWeave acquired Bitcoin miner Core Scientific in a $9 billion all-stock deal, aiming to expand its data center capacity for AI and high-performance computing.

4. Changpeng 'CZ' Zhao questioned the legitimacy of TON's UAE Golden Visa announcement, which lacked official government backing, prompting the TON Foundation to clarify its independent development status.

5. Crypto and blockchain venture capital rebounded in Q2, with startups raising $10 billion collectively, signaling renewed investor interest in the sector.