Six months after going public, Toronto-based quantum computing company Xanadu will see the lockup expire for holders of most of its shares on Sept. 22, after only 13 million shares had been freely tradable. The stock has been sliding from its highs and closed Friday at US$7.42 per share. Early backers such as OMERS are sitting on large unrealized gains, with its stake once valued at US$1.6 billion despite an initial investment of less than US$30 million.

Zetachain has put forward a governance proposal to shut down its Layer 1 network and migrate its native token, $ZETA, to the Solana ecosystem. At the time of reporting, community voting was heavily skewed toward approval, with 99.4% in favor. If passed, $ZETA would detach from its original chain and become an asset on Solana. The bulletin did not disclose a specific technical migration plan or timeline.

BlackRock made large-scale cryptocurrency purchases totaling more than $843 million over 20 days, spanning Bitcoin (BTC) and Ethereum (ETH). The buying activity was reported by Czech crypto media outlet KRYPTOMAGAZIN.cz. The purchases underscore the world’s largest asset manager’s continued push into digital assets. The scale of the buying further reinforces BlackRock’s position as an institutional participant in the crypto market.

Tokenized equities on Solana climbed to a new high of 850K unique onchain holders. Nectar Finance launched Africa’s largest IPO ($DPRI) for stablecoin subscription on Solana via getequity. Particula’s Project Harmonia opened applications to bridge Solana funds into Allfunds’ €1.9T distribution network. An FDIC-insured bank, Column, added 24/7 USDC/USDT conversion to its banking core, while Anza delivered 250ms slot times on mainnetbeta.

France is facing tight diesel supplies, with 1 in 9 fuel stations reporting distribution problems and diesel priced at €2.39 per litre. In Spain, diesel has risen for 11 consecutive weeks, while electricity prices have reached their highest level since 2022. On the supply side, Europe has shut about 30 refineries over the past 15 years, Saudi Arabia’s Jazan refinery has been offline since July and was attacked, and European diesel prices are up 40% from June.

SpaceX says it will build a 125,000-acre launch facility in Louisiana that could send up about 30 rockets per day. Louisiana Economic Development says the deal would bring $100 billion in investment and around 10,000 jobs. Economic development records show SpaceX would pay the Vermilion Parish government about $25 million annually in exchange for avoiding billions of dollars in property taxes over 25 years. The planned spaceport site is about a 45-minute drive south from Abbeville.

LNG spot prices are climbing on seasonal demand, while some Asian importers are pulling back on purchases. September LNG arrivals in Asia are expected to fall year over year, even as European imports rise this month and next because EU gas storage remains well below the five-year average for this time of year. Spot LNG prices have climbed 150% since February.

Solana recorded 5.2 BILLION non-vote on-chain transactions in August, marking an all-time high. The total was 19% above July’s previous record, excluding consensus voting traffic. Memecoin trading led the increase, with weekly spot volume reaching $5.2 BILLION, the highest since November 2025.