The blockchain firm's native token debuted Monday with strong activity on Binance and Korean exchanges, following a $18 million Series A raise in September.
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Donut Labs has now raised $22 million across a pre-seed and seed funding round in the last six months.
The broker said the company's full-cap bitcoin strategy is maturing, as preferred equity drives accretion and a new S&P credit rating expands its investor base.
The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin-based treasury, backed by DRW and Liberty City Venture ...
The company's 3.4 million of ETH tokens represents just shy of 3% of the total supply.
Sui (SUI) fell 8.6% and Cronos (CRO) dropped 7.9% over the weekend.
The firm mostly funded the fresh buys with sales of common stock.
The breakdown occurred during a broader crypto market downturn, with BNB's move possibly reflecting spillover effects from the decline.
The strategic investment round was led by Yzi Labs and included participation from Gate.io, Crypto.com, and Animoca Brands.
Ripple Prime offers OTC spot trading for major cryptocurrencies including XRP and RLUSD.