Background Information:
This news covers multiple important developments in the blockchain and cryptocurrency sectors, including token airdrops, financing, exchange establishment, position changes, and policy trends.

Main Events:
1. MilkyWay launched the MILK token airdrop, allocating 10% of the total supply to early users.
2. Infrared introduced a points program in preparation for the third-quarter token issuance.
3. Russia plans to establish a cryptocurrency exchange targeting high-net-worth investors, with a pilot to start within six months.
4. DeFi Development Corporation increased its Solana holdings, with a total position valued at approximately 48.20 million USD.
5. Trump will host an exclusive "Trump Dinner" for TRUMP token holders.
6. Reddio announced the RDO token economic model, with 8% allocated to the community.
7. Twenty One Capital announced it will launch with over 42,000 bitcoins, becoming the world's third-largest bitcoin reserve holder.
8. CANARY STAKED SEI ETF registered in Delaware.
9. SOL Strategies secured up to 500 million USD in convertible note financing to purchase and stake SOL.
10. Binance Alpha added the Zora (ZORA) trading pair; the airdrop experienced slight delays.
11. Symbiotic completed a 29 million USD Series A financing round, planning to launch a universal staking framework.
12. Approximately 15 crypto and fintech companies applied for US Office of the Comptroller of the Currency bank licenses.
13. PayPal plans to offer a 3.7% annualized yield through its PYUSD stablecoin to promote use of its payment network.
14. Strategy (formerly MicroStrategy) holds bitcoin positions with unrealized gains of approximately 14.10 billion USD.

Potential Impact:
These developments demonstrate the active evolution of the cryptocurrency ecosystem, covering token issuance, financing expansion, regulatory compliance efforts, and payment innovations, indicating ongoing maturation and diversification of the industry.

PYUSD

 MilkyWay launches MILK token airdrop, allocating 10% of total to early users
 Celestia Ecosystem Liquidity Staking Protocol announced that it will airdrop 100 million MILK tokens (accounting for 10% of the total supply) to mPoint holders, Moolitia NFT holders and milkINIT testers. Users can check the airdrop quota through the official website link and choose to claim it on the chain or through CEX such as MEXC, Gate.io, KuCoin, etc. The deposit deadline is 20:00 on April 26 (Beijing time).
 Infrared launches points program to pave the way for Q3 token issuance
 According to Infrared's official tweet, Infrared, a liquid staking protocol on Berachain, has launched the Infrared Points program, which automatically records user participation and traces back to key pool liquidity provision before March 21. Users can earn points by staking PoL vaults, iBGT or iBERA, and some vaults have point multiplication. In the future, points will be used to redeem the native tokens to be issued, and the specific ratio will be announced before TGE.
 Russia to pilot cryptocurrency exchange, limited to high net worth investors
 According to Interfax, the Russian Ministry of Finance and the Central Bank will set up a cryptocurrency exchange for high-net-worth investors as one of the compliance mechanisms under the "experimental legal system". Participants must have assets of more than 120 million rubles or annual income of more than 50 million rubles. The plan aims to legalize crypto transactions and increase market transparency, but it is limited to foreign trade settlements and not applicable to domestic payments. The relevant transactions will be launched in a pilot in 6 months.
 DeFi Development Corporation Increases Its Holdings to $9.9 Million in Solana
 According to Globe Newswire, DeFi Development Corporation (Nasdaq: JNVR) announced on April 23 that it had increased its holdings of approximately 65,305 Solana (SOL), bringing its total holdings to 317,273, with a market value of approximately US$48.2 million. This time, part of the purchase was obtained through the BitGo OTC channel to lock up SOL, and plans to hold it for a long time and participate in staking to obtain returns. The corresponding SOL holding per share increased by 40% to 0.22, with a value of US$32.88 per share. The company has made SOL its main reserve asset.
 Trump to Host 'Trump Dinner' for TRUMP Token Holders
 According to market news, Trump will hold a "Trump Dinner" for TRUMP token holders, which will be limited to the first 220 TRUMP token holders.
 Reddio announces RDO token economics: community allocation accounts for 8%
 Ethereum Layer2 network Reddio officially announced the RDO token economics. The total supply of tokens is 10 billion, of which: community allocation accounts for 8.00%; security and network incentives account for 25.00%; ecosystem growth allocation accounts for 22.76%, of which 70.1% is unlocked in TGE; treasury allocation accounts for 6.96%; contributor allocation accounts for 21.80%; strategic investor allocation accounts for 15.48%.
 Twenty One announces it will launch with over 42,000 BTC in holdings
 According to Businesswire, the newly formed Bitcoin company Twenty One Capital, Inc. announced today that it has entered into a definitive agreement with Cantor Equity Partners, Inc. (NASDAQ: CEP). Upon completion of the business combination, Twenty One will be controlled by Tether and Bitfinex, and SoftBank Group will hold a significant minority stake. Twenty One and CEP have also entered into subscription agreements with investors to raise an additional $585 million in total capital upon completion of the transaction. Twenty One and CEP have also entered into subscription agreements with investors to raise an additional $585 million in total capital upon completion of the transaction, including (i) $385 million through convertible senior secured notes and (ii) $200 million through a common stock private equity (PIPE) financing ("PIPE Financing"). The net proceeds of the PIPE Financing will be completed simultaneously with the business combination and used to purchase additional Bitcoin and for general corporate purposes. Twenty One expects to start with a holding of more than 42,000 Bitcoins, which will make it the world's third largest Bitcoin reserve holder to date. Twenty One aims to accumulate Bitcoin and increase holdings per share, rather than just track Bitcoin price.
 CANARY STAKED SEI ETF is registered in Delaware
 According to market news, the CANARY STAKED SEI ETF is registered in Delaware.
 SOL Strategies secures up to $500 million in convertible note financing to buy more SOL
 According to SolanaFloor, SOL Strategies, a Canadian stock exchange listed company, has received a convertible note financing of up to $500 million from ATW Partners, the largest financing of its kind in the Solana ecosystem. The funds will be used exclusively to purchase SOL and stake on the validator nodes operated by the company. The first $20 million payment is scheduled to be completed on May 1, and the staking income will be shared by both parties.
 Binance Alpha adds Zora (ZORA)
 According to official news, Binance Alpha has added Zora (ZORA). In addition, Binance said on the X platform that due to a slight delay from the project party, the trading and airdrop of Zora (ZORA) will be delayed to 21:20 (UTC+8), and the airdrop will be arranged within 10 minutes after the start of the transaction. The qualification criteria for participation remain unchanged.
 Symbiotic Completes $29 Million Series A Funding, Led by Pantera Capital and Coinbase Ventures
 According to Cointelegraph, the cryptocurrency staking protocol Symbiotic has completed a $29 million Series A financing round, led by Pantera Capital and Coinbase Ventures, with participation from more than 100 institutions and angel investors including Aave, Polygon and StarkWare. The financing will be used to launch the "Universal Staking Framework" for the blockchain security coordination layer. The framework allows any combination of cryptocurrencies (including L1/L2 chain assets) to participate in network verification. It has been adopted by 14 networks including Hyperlane, and is expected to connect to 20 ecological projects.
 15 Cryptocurrency and Fintech Companies Apply for Banking Licenses from the U.S. Office of the Comptroller of the Currency
 According to Crypto America, about 15 cryptocurrency and fintech companies are applying for banking charters from the U.S. Office of the Comptroller of the Currency (OCC), with some of them seeking a more convenient way to obtain federal master accounts.
 PayPal plans to promote the use of stablecoin PYUSD by offering 3.7% interest on balances
 According to Bloomberg, PayPal announced that it will launch a stablecoin PYUSD holding reward program this summer. US users who hold PYUSD through PayPal and Venmo wallets can obtain an annualized return of 3.7% (accumulated daily and distributed monthly). The income is distributed in the form of PYUSD, which can be exchanged for legal currency, sent to other users, used for international transfers or used when shopping on PayPal Checkout. The head of PayPal's blockchain business said that this move is aimed at increasing the use of PYUSD in its payment network, and the company regards stablecoins as a core component of the "next generation of payment infrastructure."
 Strategy Bitcoin holdings currently have a floating profit of approximately US$14.1 billion
 At the current price of Bitcoin at $94,026.1, Strategy (formerly MicroStrategy) has a floating profit of about $14.13 billion on its Bitcoin holdings. As of April 21, 2025, Strategy holds a total of 538,200 Bitcoins, with a total purchase cost of about $36.47 billion and an average price of about $67,766. Earlier in December last year, Strategy's Bitcoin holdings (439,000 BTC at the time) had a floating profit of more than $19.6 billion, when the price of Bitcoin was about $106,000.

Summary of Key Developments in the Cryptocurrency Industry on April 23-24, 2024