InstitutionalCiti Launches Blockchain Marketplace for Private Company Shares
Citigroup launched a blockchain marketplace for private company shares. We explain what TDRs are, how they differ from SPVs, and what this means for investors.
InstitutionalCitigroup launched a blockchain marketplace for private company shares. We explain what TDRs are, how they differ from SPVs, and what this means for investors.
MarketsBinance, Bybit, Bitget and MEXC canceled tokenized SpaceX allocations after xStocks failed to deliver underlying assets. Over $557M in USDC is being refunded.
InstitutionalDigital Asset raised $355M in an a16z-led round at a $2B valuation. Canton Network is already being piloted by Goldman Sachs, BNY Mellon, and BNP Paribas.
InstitutionalBitwise surveyed 40+ TradFi advisors in the US: most are more interested in stablecoins and tokenization than Bitcoin, which is down 30% in 2026.
MarketsUS May CPI hit 4.2% YoY, a three-year high. Fed rate cut hopes are gone, leaving Bitcoin at risk of breaking below $60K despite a brief bounce to $62K.
TechnologyMastercard launched Agent Pay for Machines, letting AI agents pay autonomously via cards, bank accounts and stablecoins. 30+ companies joined.
StablecoinsMUFG, Mizuho and SMBC formed a council to jointly issue a yen-backed stablecoin by March 2027. How the trust model works and what it means for markets.
InstitutionalMorpho secured $175M from Paradigm, a16z, Apollo and VanEck. Societe Generale joins Coinbase and Binance in building on the DeFi lending protocol.
MarketsKraken is the official crypto exchange of FIFA World Cup 2026, starting June 11. Six billion viewers, 16 cities in the US, Mexico and Canada.