4E: PayPal integrates crypto payment, SOL treasury is upgraded quickly

On September 16th, according to 4E observation, PayPal announced the launch of a new feature "PayPal Links" on September 15th, allowing users to directly receive payments in any conversation through personalized one-time links. The feature has been launched in the United States and is expected to expand to the UK, Italy and other markets later this month. PayPal will also integrate Bitcoin, Ethereum and PYUSD payment functions in the app. US users can directly transfer cryptoassets in the future, and transfers through PayPal and Venmo's relatives and friends are still exempt from 1099-K tax reports.
Meanwhile, competition over the Solana treasury is heating up. Helius Medical Technologies (HSDT) announced that it has partnered with Pantera Capital and Summer Capital to raise more than $500 million to establish the SOL treasury company, with a total funding scale of 1.25 billion US dollars. The proceeds of the financing will be mainly used to acquire SOL and generate revenue through the 7% native pledge proceeds and DeFi agreement. The transaction is expected to close on September 18.
Another Solana-focused company, Forward Industries, raised $1.65 billion in a private placement led by Multicoin Capital, Galaxy Digital and Jump Crypto. The Block reported that the company has used $1.50 billion to acquire SOL and plans to deploy the funds into the Solana DeFi protocol to further amplify the ecological leverage.
4E reminds investors that the entry of payment giants and the expansion of treasury capital have injected new momentum into the crypto market, but in the short term, industry capital flows and regulatory policies will still dominate the market rhythm. Investors can pay attention to the implementation of leading platforms and the continuous construction of on-chain ecosystems to grasp the medium and long-term value.