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.
Tokenization — News - Page 6
DeFi
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.
StablecoinsMastercard Closes $1.8B Acquisition of BVNK
Mastercard completed its $1.8 billion acquisition of BVNK to build stablecoin payment and settlement infrastructure for banks and businesses.
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.
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.