The three AI platforms will complete the merger on June 13, and the FET token will be renamed ASI two days before.
PayPal is launching its stablecoin on Solana, with the aim of offering its token holders faster and cheaper transactions.
The distributions represent a 232% recovery from when withdrawals were halted in November 2022.
In-kind recovery of Gemini users’ funds means they’ll get 232% of the value of their assets back.
Bitfarms also claimed Riot did not respond to its request for customary confidentiality and non-solicitation protections.
The move is part of Fordefi’s plan to extend its wallet service mostly used by institutional investors to retail-facing trading platforms.
Reciprocal Ventures, Jump Crypto, Draper Dragon and Digital Currency Group also participated in the Coinflow Labs funding round.
PYUSD has around 8,600 holders on the Ethereum blockchain and a market cap of a tick under $400,000
Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice versa.
Consensys, the Solana Foundation and Fireblocks are also among the baker’s dozen founding members of Crypto ISAC.
