Chainlink and Swift expanded their partnership with a live UBS Tokenize pilot, triggering onchain fund workflows through existing systems.
Chainlink “orchestrated the validation of multiple AI model outputs” that was transmitted to Swift using an ISO 20022-compliant messaging format.
All investors in both private and public rounds will get an “onchain redemption right” to redeem up to their original principal at any time.
The platform aims to solve fragmented OTC crypto options markets, allowing institutional investors to execute strategies 24/7.
Six major UK banks have begun a live pilot of tokenized sterling deposits, an industry effort led by UK Finance and backed by Quant, EY and Linklaters.
The upsized offering follows Cipher Mining's $3 billion, 10-year AI hosting agreement with Fluidstack backed by Google.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cipher Mining signed a 10-year AI hosting agreement with Fluidstack, backed by a guarantee from Google, who will receive a 5.4% equity stake.
IREN's AI cloud buildout could deliver $500 million in annual revenue by early 2026, according to analysts at Bernstein.
Flare Network has launched FXRP, a wrapped version of XRP that can now be used in decentralized finance (DeFi) applications.
Raiku has raised $13.5 million across seed and pre-seed rounds from investors including Pantera Capital, Jump Crypto, and Lightspeed Faction.
RLUSD, launched in 2024, is a stablecoin “purpose-built for enterprise utility" with a nearly $740 million market cap.
Bubblemaps has launched Intel Desk, a platform that rewards users with BMT tokens for identifying scams and suspicious activity.
Crypto wallet provider Rainbow had proposed acquiring Clanker by offering 4% of its upcoming RNBW token supply.
The company plans to use the added funding to expand its energy infrastructure and scale mining operations.
MetaMask's mUSD saw its circulating supply rise to 65.6 million as of early Monday morning, up from about 15 million a week earlier.
Kaia and LINE NEXT plan to launch the beta version of the 'Project Unify' super-app later this year on LINE's Dapp Portal.
The firm will acquire an initial 70% stake, set for completion in 2026, and has a call option to buy the remaining 30% based on performance.
The decentralized science (DeSci) protocol aims to build “scientific superintelligence” onchain with BioAgents.
Granted by the NYDFS, the license allows Bullish to provide crypto spot trading and custody services in the state.
Move Industries will transition the Movement project from a sidechain to a standalone Layer 1 blockchain.
The unit will be led by Jorge Schnura, CEO and co-founder of Turing Capital, an alternative investment fund manager acquired by Keyrock.
The London Stock Exchange Group joined the tokenization trend with its Digital Markets Infrastructure platform, initially focused on private funds.
Excluding digital assets from the UK-US Tech Bridge would be a "missed opportunity" that risks leaving Britain on the sidelines, they said.
The malware has remained invisible to antivirus engines since first appearing a month ago and is particularly focused on crypto wallets.
The project, co-founded by an early Hyperliquid backer, has raised eyebrows amid rising competition among suitors.
SSV Labs CEO Alon Muroch confirmed the SSV Network is not compromised and no action is required from operators or stakers.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ledger is expanding its enterprise offerings with a new iOS app and native support for the TRON blockchain, including stablecoin transactions.
India is unlikely to introduce legislation to regulate cryptocurrencies, Reuters reported, citing a government document.