Sharding Weekly (2026/5/11-5/17)
Twitter: @ShardingCapital
Sharding Capital is an early-stage web3-native VC firm based in the UAE.
Welcome to the 131th edition of Sharding Weekly, featuring key news, good reads, and fundraising updates
Highlights:
🔸US April CPI and Core CPI both came in above expectations
🔸US PPI rose 6%, above expectations
🔸US appeals court pauses ruling blocking Trump’s 10% global tariff
🔸The U.S. Senate confirms Kevin Warsh as Federal Reserve Chair
🔸Trump says China’s Xi offered to help on Iran
🔸CME Group to launch Nasdaq CME Crypto Index futures on June 8
🔸Trump’s latest disclosure shows Q1 purchases of Coinbase, Strategy, and MARA
🔸Charles Schwab launches spot BTC and ETH trading via Schwab Crypto
🔸Italy’s biggest bank doubled its crypto exposure to $235M
🔸Japan’s SBI and Rakuten are preparing crypto investment trusts for BTC and ETH exposure
🔸Harvard Endowment exits Ethereum ETF, cuts IBIT stake by 43%
🔸Coinbase becomes the official USDC treasury deployer on Hyperliquid
📰 News
$BTC
•Strategy bought 535 BTC for ~$43M at ~$80.3K per BTC
•Crypto Wallet Exodus sold 1,076 BTC
$ETH
•BitMine bought another 26,659 ETH, bringing total holdings to 5.2M ETH
•JPMorgan Chase to launch tokenized money market fund on Ethereum
Others
•Trump family made roughly $1.55B from World Liberty Financial token sales
•UAE officially enables crypto payments for government fees
•Bhutan’s Gelephu Mindfulness City launches fast-track licensing for regulated crypto firms
•Ledger pauses US IPO plans due to unfavorable market conditions
•Consensys delays potential IPO until fall
•Aave updates rsETH recovery plan and restores WETH LTVs to pre-incident levels
•TradeXYZ buys the $SPCX HIP-3 ticker for 500 HYPE ahead of a likely SpaceX pre-IPO perp launch
📖 Good Reads
•@yzilabs - Meet the EASY Residency Season 3 Cohort
•@RaoulGMI - The AI Supercycle is Now Reorganising Macro Policy. Here is What Happens Next
•@wgrieskamp - Verifying Move in the Age of AI
•@mphrediction - HIP-4 vs. Polymarket - who will come out on top?
•@FourPillarsFP - Stablecoin FX: Reshaping FX Infrastructure and Korea’s Point of Entry
•@arjunkhemani - What Unifies the Enemies of Civilization?
•@TheOneandOmsy - Is the Circle x Coinbase Relationship Starting to Fall Apart?
•@Cbb0fe - How CBB Cartel & Friends Made +$40m on $XPL
•@Crypto_Pranjal - From Zero to Polymarket: Beginner’s A-Z Guide
•@blocmates - Next-Gen Neobanks To Keep an Eye On
💰 Crypto Fundraising
Blockchain
•@arc - 222m Presale led by @a16zcrypto
AI
•@charmsai - 1.5m Pre-Seed
•@JudgmentLabs - 32m led by @lightspeedvp
•@the_nof1 - 15m led by @Karatage_ @officialSUIG
•@OriginLabAI - 8m Seed led by @lightspeedvp
DeFi
•@OseroHQ - 13.5m Seed led by @SkyEcosystem and @Plasma
RWA
•@LADT_co - $TBD Strategic investment from @animocabrands
Infrastructure
•@antiersolutions - 3m led by @GvflLimited
•@turnkeyhq - 12.5m Strategic
Compliance
•@elliptic - 120m Series D led by One Peak
Payments
•@stableyardfi - $TBD strategic investment from @movement_xyz
•@StitchHQ - 25m Series A led by @a16zcrypto
•@fasset - 51m Series B
CeFi
•@USBD_Stablecoin - 2m Pre-Seed led by @galaxyhq
Curated by@cchungccc
About Sharding Capital
Sharding Capital is an early-stage web3-native VC firm based in the UAE, aiming to supporting aspiring founders from day one. Veteran GPs hence hands-on post investment support and strong roots in the Middle Eastern and Asian crypto market.
About Shard Labs
A crypto native marketing firm. Shard is a marketing powerhouse driving global traction with innovative narratives for web3. We help build narratives and craft masterful multilingual campaigns for EN, CN, KR, and JP markets. With our marketing expertise and KOL network, we strive for local impact, global growth and sustainability for our portfolio.
About Shard Dubai
A premier web3 event in MENA. We connect promising builders with industry leaders, explore emerging narratives, and witness the future of web3 while building a strong community in the Middle East.
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Note: All information in this Newsletter regarding any company or investment is the sole responsibility of the company providing the information.







































































