Gate News bot message, Bloomberg reports that Grayscale Investments has confidentially submitted a draft registration for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC).

SpaceComputer has completed a Pre-Seed funding round, with investors including Primitive Ventures. The company builds encryption systems using satellites to resist physical damage and cyber attacks, launching the ctRNG product that generates true random numbers using space entropy. Investors include Loi Luu, Sandeep Nailwal, and Meltem Demirors.

L1 Blockchain developer Pharos Network has launched its first public testnet, providing a testing environment for developers aimed at supporting smart contracts development, performance testing, and stress testing. Future plans include improving tool resources, expanding service support, and more. Previously completed a $8 million seed round funding.