Topics Daily BitsCurrent Page

Mantle partners with Republic Technologies as mETH becomes first liquid staking token on public company balance sheet

Beginner
Daily Bits
May 23, 2025
2 min read

AI Summary

Show More

Quickly grasp the article's content and gauge market sentiment in just 30 seconds!

Detailed Summary

Daily top performer — Worldcoin (WLD)



The S&P 500 slipped 0.04% as deficit concerns from a $4T spending bill and a U.S. credit downgrade pressured markets. Gold fell 0.83% to $3,289 as a stronger US Dollar and solid US data outweighed falling yields, though long-term bullish sentiment remains supported by geopolitical risks. The Coindesk Indices, which tracks the broader crypto market, rose 2.13%, with Bitcoin and Ether up 2.35% and 5.37%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today’s top performer is WLD, up 28.0% after Worldcoin raised $135M to scale its network, with verified users surpassing 12.5 million.

Worldcoin (WLD), uses iris scans to verify identity, giving users a World ID and free tokens. Co-founded by Sam Altman, it aims to build a global identity and financial network. Worldcoin raised $135M through a direct token purchase by a16z and Bain Capital Crypto to scale its network, now with over 26M users and 12.5M verified via the Orb. The funding increased WLD's circulating supply.



Check out the latest prices, charts, and data of WLDUSDT perp and WLD/USDT spot contracts!



Talk of the town

Mantle has partnered with Republic Technologies to make mETH the first liquid staking token held on the balance sheet of a publicly listed company. Republic will allocate ETH to Mantle’s mETH Protocol, reflecting a shift in institutional strategy toward Ethereum-based yield infrastructure. The move supports Mantle’s broader plans, including mETH’s role in the upcoming MI4 index fund and Mantle Banking, which aims to integrate mETH into traditional finance.



Check out the latest prices, charts, and data of MNTUSDT perp and MNT/USDT spot contracts!



Bitcoin spot ETF flows



Category

Flow (millions)

GBTC

0.0

Non-GBTC

57.6

Total

57.6



Yesterday, Bitcoin spot ETFs saw $57.6M in inflows, entirely from non-GBTC funds, with GBTC recording no flow.



Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!



Airdrop to watch

Cookie's first Snaps campaign, featuring Spark—a DeFi platform with $2.6B in liquidity—is now live. Users can earn Snaps by posting, liking, or engaging with Spark-related content on Crypto Twitter. More Snaps means more rewards.



#LearnWithBybit

Grab Up to 5,100 USDT in Rewards

Also, enjoy 555% APR on Bybit Earn products!

    roadmap