Cryptocurrency
Phuket to Pioneer Blockchain Mass Adoption in Thailand with B2GC: Blockchain to Government Conference

[PRESS RELEASE – Bangkok, Thailand, January 4th, 2024]
Phuket is set to host the groundbreaking, invitation-only Blockchain to Government Conference (B2GC) from January 17th to 19th, 2024. This government-led initiative, co-organized by Thailand’s key government agencies in the development of its digital economy and society (DEPA, ETDA and DGA) alongside Finstable Group, a leading blockchain company, will convene at the brand new, iconic Blockchain Technology Center (BTC). The conference will spotlight blockchain’s role in enhancing government services and how it can benefit its citizens, featuring esteemed speakers both locally and internationally.
Industry experts will meet high-ranking officials and academics behind closed doors along with the presence of VIP such as the Minister of Digital Economy and Society, the Governor of Phuket Province to learn and discuss the future of mass adoption and workforce education programs of blockchain technology in Thailand.
A Convergence of Global and Local Blockchain Expertise
B2GC will unfold over three days. Day 1 will cover the framework delving into blockchain fundamentals and applications, followed by a forum on Day 2 drilling on topics selected by government officials and the organising committee. The final day will engage the largest protocols in vital discussions and a Minister’s speech around the global development of blockchain technology, and how it can be used as a growth engine for Thailand.
The event boasts an eminent speaker lineup including global blockchain luminaries like:
– Dr. Xiao Feng (CEO) from Hashkey Group
– Dr. Xinxi Wang (Co-Founder) from Litecoin Foundation
– Zack Gall (Co-founder & CCO) from EOS Network
– Alex Blagirev (Strategic Initiatives Officer) from SingularityNET
– David Uhryniak (Director of Ecosystem Development) from TRON Dao
– Sebastian R. Cabrera (VP of Product, National ID) from Polygon Labs
and prominent local figures such as:
– Chatchaval Jiaravanon (Chairman) from Velo Labs
– Passakorn Pannok and Samret Wajanasathian (CEO and CTO) from Bitkub Blockchain Technology
– Kanyarat Saenngsawang (Country Manager) from Sandbox
– Sathapon Patanakuha (Founder) from SmartContract Blockchain Studio
– Navapon Nalita (Founder) of Crypto City Connext, among others.
Exclusive and Elite: By Invitation Only
B2GC will welcome the Minister of Digital Economy and Society, distinguished government officials, academia from leading universities, and Web3 executives. Esteemed private sector representatives, including top-tier tycoons like Mr. Wichai Thongtang, and leaders of publicly listed companies such as C.P. Group or IFCG will also be in attendance.
It is a unique platform for dialogue and collaboration, fostering connections between Thai projects and global blockchain protocols but also the private and public sectors around the advancement of Thailand’s national infrastructure.
The event promises extensive media coverage, with international and local media outlets like Bloomberg, Thaiger, CoinTelegraph, U.Today, Bitcoin Addict Thailand by Cryptomind Group, and more providing comprehensive reports to both mainstream and Web3 audiences.
Prestigious entities like Litecoin Foundation, Hashkey Group and Wanxiang Blockchain, TRON, EOS, SingularityNET, Polygon Labs and BNB Chain underscore B2GC’s role as a catalyst for technological innovation in Thailand and the mass adoption of blockchain worldwide.
Setting the Tone for Phuket as a Tech and Innovation Hub
Hosting B2GC at the Blockchain Technology Center (BTC) in Phuket is a statement of the island city’s emerging status as a tech and innovation hub and its commitment to blockchain technology. This will be exemplified at BTC during the event with showcases like purchasing food and drinks through a payment system on blockchain, as well as other cutting-edge solutions such a drive to earn (EVolve by Zeego) aiming to revolutionize transporation with Electric Vehicles (EV), or Virtual Reality Simulations to train public functions.
Transforming Thailand’s Digital Landscape
Beyond the Thai Digital Wallet, B2GC aims to highlight blockchain’s expansive role in public governance, streamlining services, and enhancing citizens’ quality of life.
About the co-hosts
Sharing in the same spirit of innovation, the Digital Economy Promotion Agency (DEPA), the Digital Government Development Agency (DGA), and the Electronic Transactions Development Agency (ETDA) are getting together with Finstable, a private company that has a proven track record in bridging global leaders and technological advancement in the blockchain arena for Thailand. Their expertise in digital infrastructure, standards setting, and electronic transactions plays a pivotal role in blockchain implementation in Thailand.
Join the Dialogue
Join us in this pivotal dialogue to shape the digitized, decentralized future of government.
Contact and Media Enquiries
Users interested in getting involved as a sponsor, partner, media representative, or invited guest can do so by sending an inquiry, contacting the B2GC team, or registering on the WAITLIST through the official website.
Official Website: https://B2GC.finstable.co.th
Email: B2GC@finstable.co.th
Social Media: Twitter | LinkedIn | Facebook | Telegram | Press Kit
For more information and to view a selection of event photos and posters, please visit B2GC website and Finstable’s social pages.
Contact
Project Manager
Narath Thummanond
Finstable
narath.t@finstable.co.th
+66814479750
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Cryptocurrency
Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent Yield

[PRESS RELEASE – Dubai, UAE, April 28th, 2025]
Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionless delta-neutral returns to Solana from day one.
Solstice Labs, an onchain asset manager backed by $1 billion digital asset investment firm Deus X Capital, today announced USX, a stablecoin purpose-built for sustainable yield on Solana. Launching this summer, USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked (TVL), providing users access to institutional-grade returns through automated delta-neutral trading strategies.
Designed for both institutions and everyday users, USX is a synthetic stablecoin optimized for performance on Solana. The USX peg is maintained by the 1:1 collateralization of fiat-backed stablecoins, such as USDC and USDT, and partnerships with some of the biggest market makers and liquidity providers in the industry. Users are able to lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies, leveraging a 3-year track record showing 19.2% average over the last 12-months and protected by a dedicated insurance fund.
“We’ve seen the same dynamic repeat in crypto: DeFi yields are constantly over-engineered, opaque or reserved for institutional players,” said Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is designed at its core to change this by simplifying competitive yields in a transparent and sustainable way. All stablecoin users should have the opportunity to capture the yield that larger protocols keep to themselves while not giving up utility in the base asset. That’s the promise of DeFi, and that’s what we’re building at Solstice.”
The Solana Stablecoin for Everyone
Solana has quickly emerged as one of the fastest-growing stablecoin ecosystems, expanding its share of stablecoin liquidity from 2.5% to 5.4% in just two months, at the time of publication. But while the chain has become a hub for stablecoin velocity, especially in MEV, arbitrage, and orderbook-style trading, it still lacks a dominant Solana-native stablecoin built for yield.
USX is designed to fill that gap, purpose-built for Solana’s low-latency, high-throughput infrastructure. As stablecoin transfer activity increasingly shifts from centralized exchanges to trading-driven DeFi applications, USX positions Solana at the forefront of capturing new onchain capital via yield-native stable assets.
USX’s launch is supported by a growing network of infrastructure, security, and liquidity partners to enable off-exchange settlement solutions, expanding the stablecoin’s utility across both centralized and decentralized exchanges.
Built by the Team Behind Solstice Staking
USX and its protocol are part of the Solstice umbrella, which also includes Solstice Staking AG, after a recent acquisition. Solstice Staking is one of the most trusted staking operations in the industry, currently securing:
- $1B+ in staked assets
- 9,000+ validator nodes
- 100% renewable energy-powered infrastructure
- 99.99% uptime for institutional reliability
With a track record rooted in stability, Solstice is now focused on creating the next evolution of DeFi; one where transparency, performance, and access go hand in hand.
Coming Summer 2025
USX will officially launch in Summer 2025, with early access and beta incentives for all users to be announced in the coming weeks. For updates, users can visit https://solsticelabs.io/ or follow @solstice_io. Meet the team this week in Dubai during Token2049 at the Solana Mega Mixer, co-hosted by Solstice Labs and the Solana Superteam.
About Solstice Labs
Solstice Labs AG, a Deus X Enterprise company, in partnership with the Solstice Foundation is reimagining financial asset management for the onchain era. Solstice’s Protocol leverages a registered approved manager to offer institutional-grade products to investors. Key products include USX, a Solana-native stablecoin alongside Solstice’s YieldVault, a democratized yield-bearing protocol that allows participants to access institutional-grade delta-neutral yields.
Bolstering the group’s crypto credentials, Solstice Labs AG also operates Solstice Staking AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000+ validator nodes.
Users can learn more at https://solsticelabs.io and follow @solstice_io.
About Deus X Capital
Deus X Capital is a specialist investment and operating company focused on private equity, venture capital, and venture build opportunities in the capital markets, fintech, and digital assets sectors. Deus X has more than $1bn in assets under management and its unique expertise, extensive network, and diverse capabilities to foster lasting value within the financial technology sector.
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Cryptocurrency
Dogecoin (DOGE) to Match its ATH? Here’s What Could Spark the Surge

TL;DR
- A popular analyst suggests that if Dogecoin (DOGE) closes April above $0.20, it might ignite strong bullish momentum.
- With Elon Musk dampening hopes for government-driven adoption, attention has shifted to the potential approval of a spot DOGE ETF, which could boost demand for the asset.
Time for Another Bull Run?
The OG meme coin saw its price rise by 12% in the past week, briefly exceeding $0.19. The uptick garnered the attention of numerous market observers, some of whom predicted much more impressive gains for the near future but under certain conditions.
The renowned analyst Ali Martinez believes Dogecoin (DOGE) can explode to its all-time high of $0.74 if it closes the month above $0.20.
“Such a breakout would signal strong bullish momentum and potentially attract increased investor interest,” he added.
Trader Tardigrade and Muro also weighed in. The former claimed that DOGE reclaimed the 100 exponential moving average (EMA) “after breakdown” and envisioned a rise to as high as $0.80 in the following months. For their part, Muro believes that DOGE’s possible rally could ignite an altseason:
“Once DOGE starts pumping, it would be the official signal for a legit altseason, it’s always been the altseason indicator.”
Waiting for This Catalyst
After the disappointment faced after Elon Musk’s rather controversial and somewhat failed attempt to really cut down on excessive government spending, an agency that has DOGE’s name in it, the Dogecoin community has started to look for other catalysts that could act as price boosters. One example is the potential approval of a spot DOGE ETF in the United States.
Grayscale, Bitwise, and Osprey Funds are among the companies racing to launch this kind of product. The chances of a green light before the end of 2025 have been rising lately, currently standing at around 58% (per Polymarket’s data).
This type of investment vehicle will offer people the chance to gain exposure to Dogecoin without having to purchase the cryptocurrency directly. As a result, it could attract additional investors and inject fresh capital into the ecosystem.
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Cryptocurrency
Bitcoin ETFs See $3.06B Weekly Inflows, Second-Highest on Record

In what many see as a sign of Bitcoin’s deepening foothold among institutional investors, spot BTC exchange-traded funds (ETFs) recorded a staggering $3.06 billion in net inflows last week.
This dramatic surge, unfolding between April 21 and April 25, marks the second-largest weekly performance by the ETFs ever since they were approved by the U.S. Securities and Exchange Commission (SEC) in January 2024.
Notable Net Inflows
The latest data from SoSoValue paints a vivid picture of accelerating institutional commitment. Last week’s net inflow of $3.06 billion stands second only to the record set in November 2024, when spot BTC ETFs attracted $3.38 billion over a single week.
Trailing behind are the $2.73 billion raised between November 29 and December 6, 2024, and the $2.57 billion recorded between March 8 and March 15, 2024.
Net weekly inflows also breached the $2 billion mark on several other occasions, including $2.27 billion in the second week of February 2024, $2.24 billion in the first week of March 2024, and $2.22 billion in the first week of November 2024.
Looking at the daily breakdowns of the latest inflows, April 22 and 23 contributed hugely to the history-making surge, registering daily total net inflows of $936.43 million and $916.91 million, respectively. Things did drop off somewhat toward the end of the week, with Thursday 24 seeing $442 million in inflows and Friday 25 hitting just shy of $380 million.
So far, BlackRock’s iShares Bitcoin Trust (IBIT) enjoys the highest cumulative net inflow of the BTC ETFs, with a total of $41.2 billion injected into it. The Fidelity Wise Origin Bitcoin Fund (FBTC) is a distant second, with about $11.86 billion in net inflows, while Grayscale’s GBTC is in the red for $22.69 billion.
ETFs, Corporations Stabilizing BTC Prices
The period in which the spot Bitcoin ETFs exploded also marked a surge past $94,000 for the cryptocurrency’s price, a rally experts say is being fueled by wealth managers, corporate treasuries, and sovereign entities rather than retail speculation.
As Bitwise CEO Hunter Horsley pointed out on X, search interest for Bitcoin on Google remains near historic lows even as prices soar. “This hasn’t been retail-driven,” the executive explained.
Previously, Bloomberg ETF expert Eric Balchunas expressed the same opinion, suggesting that corporations and exchange-traded funds were now the primary buyers of Bitcoin, a shift that is bringing greater stability to the asset’s price.
After trading sluggishly for much of early April, BTC broke decisively higher starting April 19. It vaulted past key resistance levels, accelerating through $90,000 to hit a weekly high of $95,768 before settling near $94,700.
Looking at Bitcoin’s fundamentals, technical analysts are predicting a bullish run past the $100,000 level, with others anticipating an even bigger surge to $155,000 amid network growth and strong accumulation.
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