InstitutionalBlackRock Launches Tokenized Funds for Stablecoin Reserves
BlackRock unveiled BSTBL and BRSRV funds for stablecoin reserves under the GENIUS Act. The firm already manages $60B in Circle reserves.
Tokenization
Institutional
MarketsTokenized Stocks Surged 288% in July on One Binance Token
Tokenized stock volume hit $11.3B in July, but Binance's QQQB token drove 82% of it. Strip it out and the market shrank 30%.
RegulationNew York Sues Kalshi Over Illegal Gambling
New York's AG sued Kalshi over alleged illegal gambling. The CFTC is fighting to block the suit, citing federal jurisdiction over prediction markets.
InstitutionalWintermute: Institutions Hit Record 72% of Crypto Spot Trading
Institutions hit a record 72% of spot trading on Wintermute's OTC desk in H1 2026, as crypto volatility fell to about 45%. Key numbers inside.
MarketsRobinhood Q2: Record Quarter, Crypto Revenue Down 38%
Robinhood's Q2 2026 net income hit $573M, but crypto revenue fell 38% as prediction markets and Robinhood Chain became the new growth engine.
AltcoinsStorj Files for Bankruptcy, Offers Tokenholders a Path to Equity
Storj Labs filed for Chapter 11 bankruptcy while its network keeps running. The company wants to give STORJ holders equity in the reorganized business.
InstitutionalKB Kookmin Bank Launches Cross-Border Payments on JPMorgan's Blockchain
South Korea's largest bank is launching payments on JPMorgan's Kinexys blockchain for business clients across 10 countries starting August 2026.
DeFiHyperliquid's Tokenized Assets Overtake All Other Trading Categories
Tokenized real-world asset trading on Hyperliquid topped every other category combined for the first time, hitting $25.1B and 52% of weekly volume.
InstitutionalBank of England Clears HSBC to Test Tokenized Government Bonds
The Bank of England cleared HSBC to issue tokenized UK gilts via its Orion platform inside the Digital Securities Sandbox, with the first deal due in Q1 2027.