Golden Finance reports that Wen Acquisition Corp has announced the completion of its initial public offering (IPO) of 30,015,000 shares, raising approximately $300 million. The company's shares have begun trading on the Nasdaq Global Market under the ticker symbol "WENNU." Wen Acquisition Corp stated that its focus will be on mergers, acquisitions, share exchanges, and asset acquisitions of fintech companies, integrating blockchain networks into the TradFi system to empower digital assets (such as stablecoins).

The largest BTC Money Laundering suspect in the UK, Wen Jian, must repay over 3.78 million US dollars, otherwise he will face an additional seven years of imprisonment. This order is part of the confiscation order after the conviction of Money Laundering, and he has previously been sentenced to 6 years and 8 months in prison for assisting his employer Qian Zhimin in Money Laundering 150 BTC. During the investigation, the British police seized over 61,000 BTC, the largest amount of cryptocurrency ever seized in the UK.

According to Degen News, a Solana ecosystem meme coin project WEN (@wenwencoin) announced the acquisition of the @ShouldHaveCat account, which is the largest cat-themed account on the X platform with over

Odaily Planet News NFT project Doodles retweeted beeple inquiring about when to launch the coin tweet 'WEN TOKEN'. Earlier, Burnt Toast, the founder of Doodles, posted a piece of inexplicable text on social media this morning, but the first letters of each word spell out "token is".

TOYMAK3RS, a toy studio, collaborates with the WEN project on Solana to jointly build limited edition collaboration dolls that connect Solana and Aptos Blockchain. This doll will utilize Jellybean technology, and holders can unlock three WEN-themed Non-fungible Token collectibles on the Aptos Blockchain. The sale will last for 10 days and will drive unique and innovative collectibles into the market.

Odaily Planet Daily News GCash Cryptocurrency head Luis Buenaventura said that due to the market's early digestion of this month's Fed rate cut expectations, this policy adjustment is unlikely to have a direct impact on Cryptocurrency prices. However, according to historical data, when BTC has a 50% increase within 60 days, there is about a two-thirds probability of an additional 35% increase in the following two months, so the BTC pump momentum is likely to continue. Neal Wen, Director of Global Business Development at Kronos Research, added that in a low interest rate environment, institutional investors tend to see encryption assets as an alternative to traditional investments. Min Jung, a research analyst at Presto Labs.