Must-Watch Events Next Week｜Polymarket to Announce Major News Next Monday; Backpack TGE Scheduled for March 23 (3.23-2.29)

Key Events for the Upcoming Week

March 23

Polymarket to Announce Major News Next Monday, Potentially Related to Token Launch or Fundraising;

Backpack TGE Scheduled for March 23;

U.S. SEC May Begin Processing Morgan Stanley’s Bitcoin ETF Application Around March 23 at the Earliest;

March 25

Crypto Journalist: U.S. House Financial Services Committee Plans Tokenization Hearing Next Wednesday;

Metaplanet to Hold General Shareholders’ Meeting on March 25;

Other (Specific Time TBD)

Musk: X Platform to Launch Major AI Algorithm Update and Open-Source It Next Week;

From March 23 to March 29, more noteworthy industry event previews are below.

March 23

Polymarket to Announce Major News Next Monday, Potentially Related to Token Launch or Fundraising

Odaily News: Mustafa, an official team member of Polymarket, posted on the X platform stating that major news will be announced next Monday. As the tweet content included a coin symbol, the community speculates it could be significant news related to fundraising or a token launch.

Previously, according to The Wall Street Journal, prediction market platforms Kalshi and Polymarket are reportedly in talks with potential investors for a new round of financing, each targeting a valuation of approximately $20 billion. Recently, Kalshi completed a new round of financing exceeding $1 billion, reaching a valuation of $22 billion, doubling its $11 billion valuation from its previous round in December last year. Sources revealed that this round was led by Coatue Management, and Kalshi’s current annualized revenue is $1.5 billion.

Backpack TGE Scheduled for March 23

Odaily News: Backpack announced on the X platform that its TGE will take place on March 23.

U.S. SEC May Begin Processing Morgan Stanley’s Bitcoin ETF Application Around March 23 at the Earliest

Odaily News: Bloomberg ETF analyst James Seyffart stated that the U.S. SEC may begin processing Morgan Stanley’s Bitcoin ETF application around March 23 at the earliest.

Cboe Plans to Launch BITVX Volatility Index Based on IBIT Options on March 23

Odaily News: The Chicago Board Options تبادلہ (Cboe) plans to launch the Cboe IBIT Volatility Index (BITVX) on March 23. This index will introduce Cboe’s VIX index methodology to the Bitcoin market, further expanding the company’s volatility index product line. BITVX aims to measure the market’s expected volatility for Bitcoin over the next 30 days. Its data is derived from the option prices of BlackRock’s Bitcoin exchange-traded fund, the iShares Bitcoin Trust ETF (IBIT), and is calculated and managed by Cboe Global Indices. It uses the same methodology as the CBOE Volatility Index (VIX), deriving implied volatility from option prices rather than relying on historical returns.

NilChain to Cease Operations on March 23, Advises Holders to Migrate NIL to Ethereum

Odaily News: Nillion announced on the X platform that NilChain will cease operations on March 23. Users holding NIL on Cosmos must migrate it to Ethereum immediately. After the shutdown, standard transfers will not be possible.

Binance to Launch PAYPUSDT Stock Perpetual Contract on March 23, 2026

Odaily News: According to an official announcement, Binance Futures will launch the PAYPUSDT stock perpetual contract on March 23, 2026, at 14:30 (UTC). This contract tracks the price of PayPay Corporation ordinary shares (Nasdaq: PAYP), is settled in USDT, and supports leverage of up to 10x.

March 24

کوئی نہیں۔

March 25

Crypto Journalist: U.S. House Financial Services Committee Plans Tokenization Hearing Next Wednesday

Odaily News: Crypto journalist Eleanor Terrett posted on the X platform that the U.S. House Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10:00 AM (Eastern Time). Blockchain Association CEO Summer Mersinger will attend as an invited witness.

Metaplanet to Hold General Shareholders’ Meeting on March 25

Odaily News: According to a Metaplanet announcement, the company’s 27th Regular General Meeting of Shareholders will be held on Wednesday, March 25, 2026, at 10:00 AM at the “Pia Arena MM” in Yokohama City. Meeting agenda items will be announced separately once confirmed. The record date for shareholder eligibility is December 31, 2025.

March 26

Sky Proposes Allocation of Approximately 70 Million USDS; If Approved, Fund Transfer to be Executed on March 26

Odaily News: Sky has proposed allocating approximately 70 million USDS for the remaining Sky Agents in the launch phase. If the proposal is approved, all fund transfers will be scheduled for the execution vote on March 26.

U.S. to Release Initial Jobless Claims for the Week Ending March 21 on March 26

Odaily News: The United States will release the Initial Jobless Claims for the week ending March 21 on March 26.

March 27

Fed Vice Chair Jefferson to Speak on March 27

Odaily News: Federal Reserve Vice Chair Jefferson will deliver a speech on Friday, March 27, at 7:00.

Bithumb to Delist Neiro (NEIRO) on March 27

Odaily News: Bithumb will delist Neiro (NEIRO) on March 27. The withdrawal channel will close on April 27.

March 28

Linea to Update Terms of Service on March 28 in Preparation for Yield Boost Launch

Odaily News: Linea announced it will update its Terms of Service, with the new terms taking effect on March 28, 2026. This adjustment aims to prepare for the upcoming launch of Linea Yield Boost, facilitating Linea’s transition from a short-term token incentive model to generating yield at the protocol level using cross-chain capital. In the future, most ETH bridged to Linea will be staked on the Ethereum mainnet via Lido V3 at the bridging layer to achieve underlying automatic yield generation. Users’ cross-chain operation experience will remain unchanged, but bridged ETH will continuously generate staking rewards in the background.

March 29

کوئی نہیں۔

Other (Specific Time TBD)

Musk: X Platform to Launch Major AI Algorithm Update and Open-Source It Next Week

Odaily News: Elon Musk stated that the X platform will release a major artificial intelligence algorithm update next week and plans to open-source it simultaneously. (Cointelegraph)

Starknet: STRK20 Mainnet Launch Planned for Late April, Testnet to Go Live Next Week

Odaily News: Ethereum Layer 2 network Starknet announced on the X platform that the STRK20 testnet will go live next week, with the mainnet planned for launch in late April. STRK20 is designed to support the issuance of privacy stablecoins and other privacy assets while addressing compliance needs. It aims to provide token-level privacy for assets on Starknet, keeping transaction amounts and account balances confidential while remaining compatible with DeFi applications.

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