Envelop wrapper

**Envelop introduces decentralized index investing** to address custodial risks in traditional funds. **Key Innovation:** - Users create individual smart wallets for index deployment - Each wallet operates as separate contract with isolated assets - Eliminates single point of failure through decentralized liquidity **Why It Matters:** Traditional index funds hold assets through custodians, creating counterparty risk. Envelop's Protocol v2 allows direct asset ownership while maintaining index diversification benefits. **Current Status:** - Built on novel decentralized liquidity approach - Users can test and earn from early participation - Still in development phase This addresses growing concerns about custodial risks in an increasingly fragmented global financial system. [Try Envelop's platform](https://x.com/Envelop_project/status/1975038971894743059)

CryptoIndex partners with IndexCrypto to launch a Web3 platform for tokenized crypto index creation and trading. The platform enables both retail and institutional investors to create and invest in cryptocurrency baskets, similar to traditional S&P 500 and NASDAQ indices. The system aims to reduce individual token volatility while capturing broader market growth through diversified crypto portfolios. - Allows creation of custom crypto indices - Supports both retail and institutional investors - Focuses on risk management through diversification Learn more and join the community at [CryptoIndex Platform](https://taskon.xyz/Cryptolndex)

**July 2025 Crypto Updates:** - @goblintown unveils innovative token design - HyperEVM introduces new token standard - Comprehensive comparison of DAO structures released - $PENGU launches new ETF - @farcaster_xyz enables cast collection feature - Analysis of top crypto protocols by TVL, earnings, and growth metrics *Market Context:* - VanEck/Securitize launched tokenized US Treasury fund - Dubai partners with Crypto.com for public payments - Mastercard introduces stablecoin cards with MoonPay - Smart wallet adoption sees 11K+ new authorizations - TON blockchain launches NFT marketplace on Telegram

**Major DeFi Development**: xStocksFi has officially launched tokenized stocks on the Loopscale platform, marking a significant step in traditional finance integration with blockchain technology. The June DeFi Power Digest highlights this development along with other updates: - Tokenized stock trading now live on Loopscale - $Virgen token integration with Wasabi Protocol - Expanded cross-chain functionality For detailed analysis, check the full report at [DeFi Power June Digest](https://nft2.envelop.is/digest/defi-nft-digest-48-june)

Key market developments in the NFT and DeFi space: - **Immutable** has achieved a significant milestone by surpassing Ethereum in NFT trading volume - **Gondi** launched a comprehensive liquidity solution for NFTs - Comparative analysis of **Uniswap** and **PancakeSwap** growth metrics - New tokenless borrowing mechanisms introduced - Dogecoin blockchain expanding into NFT functionality Recent ecosystem updates: - Jupiter Exchange enhanced NFT capabilities - Magic Eden acquired Slingshot for multi-token trading - Lens Chain launched mainnet - FIFA planning proprietary blockchain for NFT collection [Read full digest](https://nft2.envelop.is/digest/defi-nft-digest-48-june)

SEC leadership has indicated support for allowing cryptocurrency startups to raise capital through NFT offerings, marking a potential shift in regulatory approach. Key developments: - SEC Commissioner Hester Peirce advocates for NFT-based fundraising - EmblemVault launches DeFAI agent for enhanced NFT functionality - NFTFeed and InterLink announce strategic partnership This regulatory openness could significantly impact how blockchain projects access capital, while new tools like DeFAI demonstrate continued innovation in the NFT space. [Read the full report](https://decrypt.co/311158/crypto-startups-money-fundraising-nfts-sec-peirce)

**Major NFT Market Development**: Canary Capital has filed for an ETF including Pudgy Penguins NFTs, marking a significant step for NFT institutional adoption. PWN DAO releases analysis on peer-to-peer KYC implications, exploring benefits and challenges in decentralized identity verification. Polarise announces new NFT platform features focusing on liquidity improvements and holder benefits. **Historical Context**: Pudgy Penguins previously expanded into retail through Walgreens partnership, showing continued mainstream growth trajectory. - ETF filing represents potential institutional breakthrough - PWN addresses critical KYC infrastructure - Polarise enhances NFT utility and liquidity *Follow developments at* [@pudgypenguins](https://twitter.com/pudgypenguins)

Aptos has introduced programmable NFT assets through a new partnership with Bitfinity. The integration enables enhanced NFT functionality including: - On-chain royalties implementation - Time/value/event-based locks - Anti-fraud protection systems - Cross-chain asset management The update leverages Hyperlane's infrastructure and RubyScore's ID verification, creating a more secure and flexible NFT ecosystem. Users can access these features through the Galxe platform.

Monaco is set to become a hub for Web3 innovation with three major events: - **WAIB Summit**: Focusing on blockchain technology and digital innovation - **NFT FEST**: Showcasing digital art and NFT developments - **Ordinals Monaco**: Exploring Bitcoin-based digital artifacts In other news, Azuki continues expanding its anime presence while OpenSea has integrated with b3.fun platform. Stripe's $1.1B acquisition of Stablecoin signals growing institutional interest in crypto infrastructure. *Key Updates*: - XCOPY released new Cope Salada series - Anime ecosystem pushing towards community ownership - NFT market showing signs of institutional adoption

Envelop and Trikon have announced a partnership in the GameFi and NFT sectors. Trikon's Web3-as-a-Service (WAAS) platform aims to enhance player ownership of Gaming World Assets (GWA), improving trading and gameplay experiences. Key points: - Partnership focuses on Web3 accessibility and innovation - Trikon's WAAS platform empowers players with true asset ownership - Collaboration aims to build and expand the Web3 ecosystem This partnership represents a step towards creating a unified crypto gaming ecosystem, potentially reshaping how players interact with digital assets in games.