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Next week's must-watch | Polymarket will announce major news next Monday; Backpack will have its TGE on March 23 (3.23-2.29)

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Odaily星球日报
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3 hours ago
AI summarizes in 5 seconds.

Key Announcements for Next Week

March 23

Polymarket will announce significant news next Monday, possibly related to token issuance or financing;

Backpack will hold TGE on March 23;

The U.S. SEC may start processing Morgan Stanley's Bitcoin ETF application around March 23;

March 25

Crypto reporters: The U.S. Congress Financial Services Committee plans to hold a hearing on tokenization next Wednesday;

Metaplanet will hold a shareholder meeting on March 25;

Others (specific times to be determined)

Musk: The X platform will launch a major AI algorithm update and open-source it next week;

From March 23 to March 29, there will be more noteworthy events in the industry.

March 23

Polymarket will announce significant news next Monday, possibly related to token issuance or financing

Odaily Planet Daily reports that Mustafa, a member of the official Polymarket team, announced on the X platform that significant news will be revealed next Monday. The tweet includes coin symbols, leading the community to speculate about major news related to financing or a token launch.

Previously, according to the Wall Street Journal, prediction market platforms Kalshi and Polymarket are said to be negotiating with potential investors for a new round of financing, aiming for a valuation of approximately $20 billion. Recently, Kalshi completed a new round of financing exceeding $1 billion, with a valuation reaching $22 billion, doubling from the $11 billion valuation during the previous financing round last December. Insider sources disclosed that this round of financing was led by Coatue Management, and Kalshi currently has an annualized revenue of $1.5 billion.

Backpack will hold TGE on March 23

Odaily Planet Daily reports that Backpack announced on the X platform that it will hold TGE on March 23.

The U.S. SEC may start processing Morgan Stanley's Bitcoin ETF application around March 23

Odaily Planet Daily reports that Bloomberg ETF analyst James Seyffart stated that the U.S. SEC may begin processing Morgan Stanley's Bitcoin ETF application around March 23.

Cboe plans to launch a volatility index BITVX based on IBIT options on March 23

Odaily Planet Daily reports that the Chicago Board Options Exchange (Cboe) plans to launch the Cboe IBIT Volatility Index (BITVX) on March 23, which will introduce the Cboe VIX index methodology to the Bitcoin market, further expanding the company's volatility index product line. BITVX aims to measure the market's expected volatility for Bitcoin over the next 30 days, with data sourced from the options prices of BlackRock's Bitcoin exchange-traded fund iShares Bitcoin Trust ETF (IBIT), calculated and managed by Cboe Global Indices, using the same methodology as the CBOE Volatility Index (VIX) to derive implied volatility from option prices rather than relying on historical returns.

NilChain will cease operations on March 23, advising holders to migrate NIL to Ethereum

Odaily Planet Daily reports that Nillion announced on the X platform that NilChain will cease operations on March 23. If users hold NIL on Cosmos, they must migrate it to Ethereum immediately. After ceasing operations, standard transfers will not be possible.

Binance will launch PAYPUSDT stock perpetual contract on March 23, 2026

Odaily Planet Daily reports that according to the official announcement, Binance contracts will launch the PAYPUSDT stock perpetual contract on March 23, 2026, at 14:30 (UTC). This contract tracks the price of PayPay Corporation common stock (NASDAQ: PAY) and settles in USDT, supporting up to 10 times leverage.

March 24

No updates

March 25

Crypto reporters: The U.S. Congress Financial Services Committee plans to hold a hearing on tokenization next Wednesday

Odaily Planet Daily reports that crypto reporter Eleanor Terrett posted on the X platform stating that the U.S. Congress Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10 AM (Eastern Time), with Blockchain Association CEO Summer Mersinger attending as an invited witness.

Metaplanet will hold a shareholder meeting on March 25

Odaily Planet Daily reports that according to a Metaplanet announcement, the company's 27th scheduled shareholder meeting will be held on March 25, 2026 (Wednesday) at 10 AM at "Pia Arena MM" in Yokohama. Meeting proposals will be notified separately after confirmation. The basis date for shareholder attendance is December 31, 2025.

March 26

Sky proposes to allocate approximately 70 million USDS, and if approved, funds will be transferred on March 26

Odaily Planet Daily reports that Sky proposes to allocate approximately 70 million USDS for the remaining Sky Agents in the launch phase. If the proposal is approved, all fund transfers will be scheduled for the execution vote on March 26.

The U.S. will announce the number of initial jobless claims for the week ending March 21 on March 26

Odaily Planet Daily reports that the U.S. will announce the number of initial jobless claims for the week ending March 21 on March 26.

March 27

Federal Reserve Vice Chair Jefferson will give a speech on March 27

Odaily Planet Daily reports that Federal Reserve Vice Chair Jefferson will give a speech on March 27 (Friday) at 7:00 AM.

Bithumb will delist Neiro (NEIRO) on March 27

Odaily Planet Daily reports that Bithumb will delist Neiro (NEIRO) on March 27, and withdrawal channels will close on April 27.

March 28

Linea plans to update its terms of service on March 28 to prepare for the Yield Boost launch

Odaily Planet Daily reports that Linea announced it will update its terms of service, which will take effect on March 28, 2026. This adjustment aims to prepare for the upcoming Linea Yield Boost and transition Linea from a short-term token incentive model to generating yield on the protocol level using cross-chain funds. Most ETH bridged to Linea will be staked on the Ethereum mainnet through Lido V3 in the bridging layer to achieve underlying automatic yield generation, while users' cross-chain operational experience will remain unchanged. However, bridged ETH will continue to generate staking yields in the background.

March 29

No updates

Others (specific times to be determined)

Musk: The X platform will launch a major AI algorithm update and open-source it next week

Odaily Planet Daily reports that Musk stated that the X platform will release a major artificial intelligence algorithm update next week and plans to open-source it simultaneously. (Cointelegraph)

Starknet: STRK20 plans to launch on the mainnet at the end of April, with the testnet going live next week

Odaily Planet Daily reports that Ethereum second-layer network Starknet announced on the X platform that the STRK20 testnet will go live next week, with the mainnet planned for launch at the end of April. STRK20 is intended to support the issuance of privacy stablecoins and other privacy assets while meeting compliance requirements, aiming to provide token-level privacy for assets on Starknet, ensuring transaction amounts and account balances remain confidential and compatible with DeFi applications.

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