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CoinDesk 20 Index Continues to Decline

The CoinDesk 20 Index fell to approximately 1659.67 points, losing 3.83%, according to platform data. Earlier, CoinDesk Indices reported a decrease of 1.4% to 1708.48 points. Major market assets, including Bitcoin, Ethereum, XRP, and Solana, also remain in the red. The CoinDesk 20 tracks the performance of the largest and most liquid digital assets, trading on multiple platforms across various regions worldwide.

Morpho Secures $175 Million in Funding Round Led by Paradigm and a16z Crypto

On June 9, the lending protocol Morpho announced it had raised $175 million in a funding round led by Paradigm, a16z crypto, and Ribbit Capital. According to CoinDesk, the platform hosts over $11 billion in deposits, with institutional clients including Galaxy, Anchorage Digital, and Bitwise. The funds will be used to develop infrastructure for institutional lending and programmable credit products.

Nokia and Indosat to Upgrade Indonesia’s 5G Network

Nokia and Indosat Ooredoo Hutchison have agreed to upgrade the operator's mobile network across Indonesia. Over the next 3.5 years, low-frequency 5G is planned to be deployed throughout the network, while mid-frequency 5G will cover approximately 80% of the infrastructure. NVIDIA is responsible for enhancing network capabilities with artificial intelligence integration, and field trials of AI-powered RAN in the country are scheduled for late 2026.

NTT DATA and Google Cloud to Develop Up to 500 AI Agents

NTT DATA and Google Cloud have expanded their collaboration in enterprise AI to transition clients from pilot projects to large-scale deployment of agent-based AI. NTT DATA will establish a global Gemini Enterprise practice and plans to certify 5,000 specialists worldwide. The companies also aim to jointly develop up to 500 AI agents for corporate use cases.
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