Weekly Project Updates: Farcaster Acquired, WLFI Hosts Inaugural Forum, Pendle Launches New Economic Model, etc

1. Neynar Acquires and Takes Over Farcaster, with Protocol and Application Assets to Be Fully Transferred link

Dan Romero, co-founder of Farcaster, posted that Neynar will acquire and take over Farcaster. In the coming weeks, Farcaster’s protocol contracts, code repositories, official application and Clanker will be transferred to Neynar for operation and maintenance, which will also be responsible for protocol governance, developer communication and infrastructure operation and maintenance.

Suji Yan, founder of Mask, commented on X regarding Neynar’s acquisition of Farcaster, stating: “More adequate competition is beneficial. I did hear some scattered rumors earlier, but never verified them with the Neynar team. We should strengthen cooperation and sincerely congratulate the Neynar team. For disclosure, I am a minor shareholder of Neynar and we are using Neynar’s software and technology. They are a group of very outstanding people.” Earlier, Stani, founder of Aave, said that the management rights of the social protocol Lens would be transferred to the Mask team, with the original team serving as technical advisors.

2. WLFI’s Inaugural World Liberty Forum to Be Held at Mar-a-Lago on February 18, with Attendance from Political and Business Leaders Including Goldman Sachs CEO link

World Liberty Financial (WLFI), the Trump — family — backed crypto project, announced that it will host the inaugural World Liberty Forum at Mar — a — Lago in Florida, USA on February 18, 2026, focusing on the future development of finance, technology and policy. Distinguished guests attending the forum include political and business leaders such as David Solomon, CEO of Goldman Sachs, Jenny Johnson, CEO of Franklin Templeton, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), and Gianni Infantino, President of FIFA. WLFI stated that the forum will focus on discussions about digital assets, AI, transformations in the global financial markets, and geopolitical risks, and revealed that it will announce major new progress during the event.

3. Moonbirds: BIRB Token TGE Scheduled for January 28 link

The NFT project Moonbirds announced that the BIRB token will have its TGE on Solana on January 28. Possibly affected by this news, the floor price of Moonbirds NFT has risen by 7.9% in the past 24 hours, currently standing at 2.46 ETH.

4. Ethereum Privacy Protocol Railgun Hits Record-High Usage link

Recently, Ethereum tweeted to introduce Railgun, a privacy protocol built on Ethereum that uses zero — knowledge proofs to conduct protected transfers and DeFi interactions on Ethereum. Etherscan stated that Railgun’s usage has been continuously rising, with shielded transactions (shield txs) showing an upward trend. Recently, the daily number of token — shielded transactions hit a new record of 328.

5. ERC-8004 AI Agent Ecosystem Expands, with Projects Emerging Across Infrastructure to Public Chain Sectors link

According to statistics from KOL Vitto Rivabella, an AI Agent ecosystem centered on ERC — 8004 is taking shape, covering Infrastructure (e.g., Phala Network, Ekai), Agents Orchestration (e.g., ISEK, ampersend), Frameworks (e.g., Virtuals, Khorus), AgentFi (e.g., Cod3x, Silverback), Developer Tools (e.g., thirdweb, ChaosChain), Identity and Reputation (e.g., ENS, Ethos), Marketplaces and Discovery (e.g., Olas, Supermission), Agents (e.g., Warden, Otto AI), Storage (e.g., Pinata, Filecoin), Data and Text (e.g., Unibase, Rena Labs), as well as Blockchains.

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6. Payment Public Chain Keeta Announces Signed Agreement to Acquire a Bank link

Keeta, a payment-focused public blockchain, announced that it has signed an agreement to acquire a bank. The move aims to expand its compliance and regulatory capabilities, facilitate deeper integration of Keeta Network with traditional financial infrastructure, and enhance its participation in the global financial system. The acquisition remains subject to regulatory approval, which is expected to be a lengthy process, and no further details are being disclosed at this stage. Meanwhile, Keeta Inc. has approved the allocation of 35 million KTA tokens from its strategic reserves to fund arrangements related to the acquisition.

7. Cardano Foundation Completes First Milestone of Governance Roadmap, Delegating 360 Million ADA to Community DReps link

The Cardano Foundation announced the completion of the first milestone in its governance roadmap, with an additional delegation of approximately 220 million ADA to 11 Delegated Representatives (DReps) — around 20 million ADA per representative — focusing on two core pillars: Ecosystem Adoption and OperationsCardano Foundation. This brings the total ADA delegated by the Foundation to community DReps to 360 millionCardano Foundation. Meanwhile, the Foundation will self-delegate the remaining approximately 171 million ADA to ensure all its assets participate in governanceCardano Foundation.

8. Pendle Announces Launch of sPENDLE and Opening of Staking on January 20, Replacing vePENDLE as New Governance and Yield Token link

Pendle announced the launch of sPENDLE with staking going live on January 20, which will gradually replace vePENDLE as the new governance and reward token. sPENDLE adopts a 14-day withdrawal period instead of multi-year lock-ups; protocol revenue will be used to repurchase PENDLE and distribute it to eligible sPENDLE holders. Meanwhile, Pendle will upgrade the original manual voting-based incentive distribution to an algorithmic emission model, expected to reduce overall emissions by approximately 30% and improve incentive allocation efficiency. Additionally, new vePENDLE locks will be paused on January 29, with a snapshot of user balances taken for the transition, and existing vePENDLE holders will receive exclusive boosted sPENDLE of up to 4x based on their remaining lock periods.

9. PumpFun Launches Pump Fund and Initiates $3 Million Build in Public Hackathon link

Per PumpFun’s official announcement, the platform has launched Pump Fund, its dedicated investment arm, alongside the kickoff of the $3 million Build in Public Hackathon. The program will support 12 projects, with each receiving $250,000 in funding at a $10 million valuation. Eligible projects must issue a token, build a functional product, and maintain ownership of at least 10% of their total token supply.

10. Market Cap of Stock Tokens on Ondo Global Market (BNB Chain) Recently Surpassed $100 Million link

Ondo Global Market’s tokenized stock market capitalization on BNB Chain recently exceeded $100 million, surging nearly tenfold since early December last year. Following its expansion to Solana, the total market capitalization of Ondo Global Market’s tokenized stocks across Ethereum, BNB Chain, and Solana is now approaching $500 million, accounting for over 50% of the entire tokenized stock market.

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