RegulationSEC Lets Franklin Templeton Use Tokenized Fund
The SEC issued a no-action letter allowing Franklin Templeton to invest client cash in its own blockchain money fund without a traditional custodian.
Tokenization — News - Page 3
Regulation
MarketsSecuritize Stock Falls 16% After Earnings Miss
Securitize shares dropped 16% after second-quarter revenue missed Wall Street estimates and losses widened to $21.7 million.
MarketseToro Acquires TradeZero for $231 Million, Shares Drop 10%
eToro agreed to buy US brokerage TradeZero for up to $231 million as crypto revenue fell 30% this quarter. ETOR shares dropped 10% on the news.
MarketsStandard Chartered: $200 Target for Chainlink by 2030
Standard Chartered initiated Chainlink coverage with a $200 target by 2030, tied to a forecast of $4 trillion in tokenized assets.
DeFiTokenized RWA Collateral in DeFi Triples to $7.4B
Tokenized real-world asset collateral in DeFi jumped from $2.3B to $7.4B in a year as the rest of the market shrank 15%, per a new CoinShares report.
InstitutionalWintermute Becomes a Registered US Broker-Dealer
Crypto market maker Wintermute registered with the SEC and FINRA, gaining US broker-dealer status to trade stocks and support ETFs.
StablecoinsCircle Names Arc Validators: BlackRock, Visa, Mastercard
Circle posted $701M in Q2 revenue and named Arc blockchain validators, including BlackRock, Visa, and Mastercard, ahead of the September 16 launch.
InstitutionalBNY Adds Staking to Custody Service With Galaxy
BNY, the world's largest custody bank, is adding staking to its digital asset platform through a partnership with Galaxy Digital.
InstitutionalBlackRock Tokenizes $311B of European Money Market Funds
BlackRock launched tokenized share classes for $311 billion in European money market funds through JPMorgan's blockchain unit Kinexys.