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The crypto market cap rose 13% in July with ether leading altcoins higher, stablecoins overtaking Visa and tokenized stocks surging 220%, Binance Research said.

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The platform, utilizing Ethereum’s blockchain, aims to streamline transactions for tokenized financial instruments and enhance capital market efficiency.

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The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.

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While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.