GM. This is the Never Die Newsletter, where I share whatever crypto news and content I feel like, every week, short and sweet, right to your beautiful little inbox.
This week we have:
📺 Latest Episode: The $10 Trillion Crypto Case Nobody is Pricing in
📰 News: Bitmine Generated $46M From Staking Rewards
🌟 Narrative of the Week: The Robinhood Chain
NEWS📰
📈 Bitmine Generated $46M From Staking Rewards
Bitmine reported $45.7 million in staking and validation revenue last quarter, accounting for a massive 98% of its total earnings. The explosive growth follows the March launch of MAVAN (Made in America VAlidator Network), a staking platform developed after the firm acquired Australian operator Pier Two Holdings. Bitmine has already staked 85% of its treasury (~4.9 million ETH). Chairman Tom Lee projects the firm's annualized staking rewards could eventually reach $284 million.
🟠 Strategy Raises $466.7M to Boost Dollar Reserves
Strategy raised $466.7 million through an at the market stock offering last week, boosting its US dollar reserve to a record $3 billion while leaving its massive Bitcoin treasury untouched. The fresh capital, generated from the sale of 4.8 million MSTR shares, is primarily to fund interest on outstanding debt and support the company's newly implemented semi monthly dividend payments for STRC preferred stockholders.
🏦 Circle Secures OCC Trust Charter
Circle has received final approval from the OCC to establish First National Digital Currency Bank, N.A., which will operate as Circle National Trust. The new federally regulated entity will initially hold digital assets for Circle and its affiliates, with future plans to manage USDC reserves and offer custody services to institutional clients. This major regulatory milestone provides USDC with direct federal oversight, an advantage rival stablecoins currently lack sending Circle’s stock surging over 10% in early trading.
🪙 Tokenized Stock Market Cap Hits Record $2.3B
The global market cap for tokenized stocks has reached a record $2.3 billion as investors increasingly seek out blockchain based equity products that offer fractional ownership and 24/7 trading. Ethereum currently dominates the sector with a 34% market share while Ondo Finance remains the largest single issuer with $955 million in on-chain equities.
Crypto To $10 Trillion? Here’s What No One is Talking About
In this video, I break down why I believe crypto could grow to a $10 trillion market this cycle, and eventually much more. We’ll explore how this cycle could be very different from 2021, why institutional adoption and improving macro conditions matter, and how AI could drive an entirely new wave of demand for crypto.
NARRATIVE OF THE WEEK: The Robinhood Chain
Robinhood is officially on-chain, and they are bringing their massive retail army with them. On July 1, 2026, the TradFi giant launched the public mainnet of Robinhood Chain, an Ethereum L2 network built on Arbitrum's technology. The chain immediately exploded with activity upon launch. Here is a breakdown of what is happening and why the network is ripping:
The Activity Explosion: The volume numbers are massive right out of the gate. Within its first two weeks, more than $141 million in Ether was bridged onto the network. It quickly surged past major competitors, hitting roughly $811 million in daily DEX trading volume.
The Memecoin Frenzy: Just like the meme stock era, retail traders are fueling intense speculative volume. Early tokens like CASHCAT drew significant trading volume immediately after the network went permissionless.
Real World Assets & Chainlink: Memes aside, the core infrastructure is built for actual finance. Robinhood Chain is purpose built for tokenized RWA’s and is natively connected to Robinhood's users. They adopted Chainlink as their official data oracle to power Stock Tokens, allowing users in 120 countries to trade tokenized versions of equities like Nvidia, Google, and Apple 24/7 directly on the chain.
Robinhood Chain's explosive debut proves that the biggest hurdle in crypto adoption isn't the technology, but rather distribution and ease of access. By natively linking an Arbitrum based blockchain to its massive retail brokerage app, Robinhood is successfully bridging TradFi with DeFi.
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