ECB deploys Pontes platform to settle wholesale tokenized assets in central-bank money
The EU central bank's new wholesale platform connects DLT market infrastructure to its payment rails, separate from the retail digital euro pilot planned for…
Bank of Korea launches 24-hour won settlement pilot for foreign investors
The Bank of Korea’s new network will let foreign investors settle won transactions during business hours in their home countries. Source:Cointelegraph
Hana Bank taps Euroclear blockchain for $100M bond issuance: Report
The fiveyear digital bond reportedly shortened settlement from three to five business days to the same day using Euroclear’s blockchain infrastructure.…
Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships…
Coinbase, Robinhood, Circle could be early winners of SEC's tokenized-stock push, analysts say
Goldman Sachs and Citizens analysts said the agency's move create new opportunities in custody, tokenization infrastructure and stablecoin settlement, while…
Robinhood Chain fees collapse 97% even as transactions stay near record highs
Sevenday average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands. Source:CoinDesk
Crypto tech provider Haruko hit by cyberattack affecting 15 clients, some funds lost
Some smaller hedge funds with weaker security controls may have lost funds in the targeted attack, sources said. Source:CoinDesk
Real stocks are finally coming on blockchain. Here’s how the SEC wants it to work
The SEC is giving tokenized stocks a regulated U.S. pathway, while keeping trading volumes, access and issuer rights tightly controlled. Source:CoinDesk
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77yearold Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her…
Ratings giant S&P Global acquires OpenZeppelin in tokenized finance risk push
Building on its recent marketdata investment in Kaiko, S&P Global’s latest purchase targets the technological risks facing banks and asset managers onchain.…
How Circle’s institutional Arc blockchain got taken over by memecoins on day one
Circle blockchain Arc's first day was dominated by memecoins, and the traders behind them had already moved on by Thursday morning. Source:CoinDesk
Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business. Source:MarketWatch