KaJ Labs, the developer of the innovative enterprise platform Atua AI, announced an investment of $100 million to build advanced AI tools specifically for the Ripple (XRP) ecosystem. The initiative aims to leverage Ripple's efficient and scalable infrastructure to enhance AI-driven solutions in DeFi and enterprise operations. The funds will be used to support research, AI model training, and deployment of XRP-based AI solutions, with a focus on real-time analysis and automated workflows.

PANews reported on December 13 that according to the Shanghai Securities News, Huabao Fund Management Co., Ltd. issued an announcement announcing that the subscription and regular fixed investment business of Huabao Overseas Technology Equity Securities Investment Fund (QDII-LOF) has been suspended. Other businesses are still handled normally. The date for resuming the subscription and regular fixed investment business of this fund will be announced separately.

The Bank of England's regulatory department requires companies to disclose their current and future risk exposure to cryptocurrencies by March next year to monitor stability and assist in policy making. On December 12, the Prudential Regulation Authority (PRA) asked companies to share their crypto asset risk exposure information and explain how to use the Basel framework for supervision in a statement. The PRA pointed out that this will provide information for crypto asset-related work, help calibrate prudential supervision and analyze the costs and benefits of policy options. By collecting this information, the PRA hopes to monitor the impact of crypto assets on financial stability and ask companies to consider future plans as of September 30, 2029. The questionnaire covers key areas such as how companies use the Basel framework to manage risk exposure, hold crypto assets, and whether to use unlicensed blockchains. It also points out that unlicensed blockchains have risks such as no final settlement and settlement failure, which cannot be fully mitigated at present, but are still under review.

Dennis Porter, co-founder and CEO of Satoshi Action Fund (SAF), posted on the X platform that he will announce the launch of another version of the "Strategic Bitcoin Reserve" bill next week.

Yesterday (December 12, EST), Bitcoin spot ETFs had a total net inflow of $598 million. As of press time, the total net asset value of Bitcoin spot ETFs was $112.546 billion, and the ETF net asset ratio (market value to the total market value of Bitcoin) reached 5.68%, with a historical cumulative net inflow of $35.173 billion.

ZKsync released a 2025 roadmap, including the following aspects: ① Simplify the developer experience: bytecode EVM equivalents, LLVM tools, VS Code debugger. ② Achieve a Web2-like user experience: in terms of performance, reach 10,000 TPS with a fee of $0.0001; in terms of security, implement the first phase, namely decentralized sorting and proof; in terms of user interface, develop a smart wallet SDK to support Web and mobile terminals; in terms of privacy, develop private Validium. ③ Connect public and private ZK chains with native interoperability for fast cross-chain transfers and method calls.

Crypto fund advertisements appear on Alipay. Can Chinese investors legally invest in cryptocurrencies through QDII?