This week in the crypto industry, Frax Finance is transforming its FRAX stablecoin into a BUIDL-backed asset, Sui is unlocking 64 million governance tokens, and six Israeli investment firms are launching Bitcoin mutual funds. Empyreal will introduce a no-code AI Agent Launchpad, Pendle will conduct an airdrop, Movement is set for a Mainnet Launch, and GammaSwap's yield tokens are undergoing an audit. Frax Finance is voting to use BlackRock's BUIDL token as the backing asset for its frxUSD stablecoin. Sui network will unlock 64 million SUI tokens, benefiting early investors and contributors. Israeli investment firms are gearing up to launch Bitcoin mutual funds, despite potential challenges. Empyreal is launching a no-code AI Agent platform, while Pendle plans an airdrop for vePENDLE stakers. Movement is preparing for a Mainnet launch, and GammaSwap's Yield Tokens are undergoing an audit for users to earn high APY for Ethereum. Read more AI-generated news on: https://app.chaingpt.org/news