InstitutionalCitadel Securities Invests $400M in Crypto.com
Market maker Citadel Securities invested $400 million in Crypto.com, the exchange's first institutional round in 10 years, valuing it at $20 billion.
InstitutionalMarket maker Citadel Securities invested $400 million in Crypto.com, the exchange's first institutional round in 10 years, valuing it at $20 billion.
SecurityRobinhood Chain memecoin launchpad Vlad.fun halted operations amid an internal trust investigation and warned about a fake token.
RegulationSenator Warren wants Trump barred from crypto profits, and banks want clearer stablecoin yield rules in the CLARITY Act. A Senate vote is due by August 10.
RegulationUS and UK Treasuries unveiled 10 joint recommendations on stablecoins and tokenization. Here's what the plan covers and when it takes effect.
StablecoinsHyundai piloted a cross-border treasury transfer between its US and Mexico units using Tether's USDT stablecoin, settling in seven minutes instead of hours.
InstitutionalThe UK Treasury built a 54-firm taskforce to push tokenization across financial markets. The first tokenized government bond is due by 2027.
EthereumNew Ethereum-based Robinhood Chain pulled in over $70M in ETH within a week of launch, per Token Terminal and DefiLlama data.
StablecoinsThe OCC gave Sony Bank preliminary approval to issue a dollar stablecoin via trust Connectia Trust with $40 million in capital, targeting a 2027 launch.
InstitutionalSwift launched a blockchain ledger for a tokenized deposit pilot with 17 banks, including HSBC, Citi, and UBS. Here's how it works and why it matters.