Chainlink “orchestrated the validation of multiple AI model outputs” that was transmitted to Swift using an ISO 20022-compliant messaging format.
Stronger than anticipated macro data hit sentiment in the U.S., CoinShares Head of Research James Butterfill noted.
Tether is in talks with investors to raise as much as $20 billion at around a $500 billion valuation, Bloomberg reported this week.
The asset management giant is laying the groundwork for access in response to strong client demand for digital assets, a source said.
SEC officials have cautioned some companies about potential violations of Regulation Fair Disclosure, according to WSJ.
Nine European banks, including ING and UniCredit, have formed a consortium aimed to develop a euro-backed stablecoin.
The move follows Franklin Templeton’s recent partnership with Binance on tokenization initiatives.
“YZiLabs is not raising [an] external fund,” Zhao wrote, adding that “YZiLabs, since rebranding, has not sought a single external investor."
RLUSD, launched in 2024, is a stablecoin “purpose-built for enterprise utility" with a nearly $740 million market cap.
Fold has partnered with Visa and Stripe to launch a bitcoin-rewards credit card that offers up to 3.5% back on purchase.
E-trade clients should be able to trade Bitcoin, Ethereum and Solana in the coming months, according to reports.
Leah Wald is stepping down after joining the firm in July 2024 and leading its transition to become one of the first Solana treasury firms.
"Like Bitcoin, gold was once subject to skepticism, suspicion, and demand speculation," Deutsche Bank's analysts said.
Multicoin Capital, alongside Galaxy Digital and Jump Crypto, led a $1.65 billion private placement in Forward in early September.
Although investors initially reacted cautiously to the "hawkish cut," inflows resumed later in the week, CoinShares' James Butterfill said.
Grayscale has filed an amended S-1 in its latest move to convert its closed-ended Dogecoin trust into an exchange-traded fund.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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 emerging competition is likely to be a “zero-sum game" for U.S. issuers, unless the overall crypto market expands significantly.
The LayerZero-enabled version, PYUSD0, remains “fully fungible” with native PYUSD, extending the stablecoin to additional blockchains.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
For the first time in the U.S., an exchange-traded fund tracking the price of the third-largest cryptocurrency, XRP, has begun trading.
DBS Bank has collaborated with Franklin Templeton and Ripple to develop trading and lending solutions using tokenized money market funds and the RLUSD stablecoin.
GDLC's approval coincides with SEC adopting generic listing standards for crypto ETFs, which would expedite the launch process.
Like for its previous acquisitions, the treasury company intends to stake its recently purchased tokens “to a variety of validators."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lower premiums mean less capacity to buy more bitcoin, with average daily purchases by treasury firms falling to the lowest level since May.
Ark also purchased 109,678 shares in Figma Inc, which previously revealed that it owns Bitwise's bitcoin ETF shares and USDC stablecoin.
Bitwise has put forward an exchange-traded fund proposal that focuses on tokenization, as interest in that sector surges.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.