Solana Foundation unveils a program to settle institutional trades in seconds. JPMorgan gave input
Solana Foundation launched an opensource program that lets institutions settle trades in seconds, not days. JPMorgan provided key inputs. Source:CoinDesk
Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
Cboe, S&P Dow Jones may explore tokenized options contracts under extended licensing deal
The agreement opens the door to tokenized derivatives as some of Wall Street's biggest institutions, including Nasdaq, NYSE and DTCC, move traditional markets…
Bybit accepts Franklin Templeton tokenized funds as trading collateral
Eligible institutions can pledge Benjiissued fund shares for stablecoin credit lines while keeping the underlying assets in offexchange custody.…
Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push
Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain. Source:CoinDesk
Institutions held crypto through 50% drawdown, Bitwise finds
Every institution interviewed that owned crypto held Bitcoin, usually as its largest asset; some set exit conditions for Ether and Solana. Source:Cointelegraph
Canada’s six largest banks explore tokenized Canadian dollar deposits
The country’s largest financial institutions are exploring tokenized deposits for interbank payments, just weeks after regulators clarified how they should be…
Canada's 'Big Six' banks to launch interbank tokenized deposit initiative
Initial testing will focus on moving digital commercial deposits across participating institutions before linking to broader digital asset ecosystems.…
Ondo lets institutions convert stocks directly into tokenized shares
Ondo’s new inkind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.…
Bitmine bought $75 million ether as Tom Lee says institutions are still underweight crypto
The largest Ethereumcentric treasury firm kept buying, while its chairman argued ETH’s strong third quarter could push institutions to increase crypto…
Why Wall Street giants build tokenization money for institutions, not regular consumers
JPMorgan and Citi move billions in tokenized deposits, but only among their branches. A U.K. challenger bank is about to do something neither has done.…
Deutsche Bank close to debuting crypto custody for institutions
The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC. Source:CoinDesk