The transaction used the USDC stablecoin and tokenized Treasuries for instant weekend settlement on Digital Asset's privacy-focused blockchain.
Heritage Distilling is set to launch an IP token treasury strategy worth about $340 million, backed by a16z crypto and other investors.
ALT5 Sigma is raising $1.5 billion to launch a WLFI token treasury strategy that will see it hold about 7.5% of the token’s total supply.
Total value locked (TVL) in DeFi remains below 2021 highs, the report noted.
Institutional adoption of DeFi and tokenization remains limited despite growing infrastructure, according to JPMorgan analysts.
Jürgen Blumberg, who spent over two decades at Goldman Sachs, Invesco and BlackRock heading ETF businesses, will focus on bridging DeFi and traditional finance.
CACEIS acquired a minority stake in French fintech Kriptown to support tokenized exchange Lise and simplify SME listings.
Discussions with investors show a growing focus on the tokenization of real world assets, including stocks, bonds, and real estate.
Assetera’s new API lets crypto exchanges offer tokenized stocks and bonds across Europe without a license.
The announcement comes amid the exchange posting a disappointing second-quarter with shares down more than 6% in post-market trading.
The IP token, which launched in February, is currently trading at around $6.4, up about 125% in the past month.
The deal underscores the growing role of Brazil as a tokenization hub in the region.
The move is part of the firm's broader push towards enabling 24/7 trading with all kinds of assets using blockchain rails.
Galaxy Digital moved nearly 30,000 BTC — worth around $3.5 billion — to exchanges. SharpLink has named Joseph Chalom as its new co-CEO.
Injective said it is bringing SBET, the stock for Joe Lubin’s Ethereum treasury firm SharpLink, onchain, “marking the first tokenized digital asset treasury."
The CRA, a key instrument used to bundle future cash flows from Brazil’s agricultural sector was recorded on-chain using the XRPL and its Ethereum-compatible EVM sidechain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Wall Street banking giants are joining to a growing roster of traditional financial firms to offer tokenized versions of assets.
The offering, with Ripple's contribution, aims to streamline Brazil’s structured credit market and attract foreign investors.
The offering, with Ripple's contribution, aims to streamline Brazil’s structured credit market and attract foreign investors.
Backed Finance's tokenized U.S. equities product, xStocks, has surpassed $300 million in trading volume within four weeks of launch.
The Base App leverages Zora and Farcaster infrastructure to allow users to create and trade tokens tied to social media posts.
Pump.fun's newly launched token is trading around $0.004, the price at which it debuted during its initial coin offering on Sunday.
Non-bearer tokenized bank deposits settle at face value between accounts, unlike stablecoins, which can trade below par, JPMorgan said.
The platform aims to close the cash yield gap between Europe and the U.S., projecting to reach $1 billion in AUM by the end of the year.
The firm’s new mMEV and mRe7YIELD products deliver institutional-grade, market-neutral DeFi exposure.
Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.
Japanese real estate firm Gates Group has partnered with Oasys blockchain to tokenize $75 million worth of real estate assets in Tokyo.
The second-largest crypto has lagged behind BTC during this cycle, but the narrative has started to turn more positive recently.
The initiative aims to simplify property transactions for foreign buyers by using blockchain technology to overcome legal and regulatory hurdles, GATES said.