Clearing firm RQD* raises $74 million as Wall Street prepares for tokenized markets
Bain Capital led the investment in the U.S. clearing and custody firm, which plans to expand its digital asset and tokenization infrastructure. Source:CoinDesk
Ripple Prime expands into US equity derivatives with Delta One business
Institutional clients can access total return swaps across linked to USlisted equities, indexes and digital assets and crossmargin exposures.…
Mirae Asset eyes $109 billion crypto empire after acquiring Digital X
Park Hyeonjoo, Mirae Asset Financial Group’s founder, outlined his ambitious stablecoin, RWAs, and STOs plan for Digital X, formerly known as Korbit, in an…
Bitfinex Securities raises $50 million in push to offer tokenized nickel trading
Bitfinex Securities is preparing to list a new security linked to a Luxembourgbased industrial metals platform built around a $1.6 billion stockpile of…
Live updates: Bitcoin ETF inflows hit eight straight days as August tops $3 billion
U.S. spot bitcoin funds have taken in $2.8 billion since the run began, and ether ETFs are matching it day for day. Three sessions are left to make August…
Binance co-founders CZ and Yi He adopted Simpsons cartoon aliases ‘Homer’ and ‘Marge’ in company meetings
Yi, who is now the coCEO of Binance alongside its other chief Richard Teng, still uses the name Marge in meetings and chats. Source:CoinDesk
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AIpowered payment models.…
Students want crypto classes but learn on social media: OKX survey
A separate review found only about 28% of accredited US business schools offered blockchain courses, despite strong demand in the OKX poll. Source:Cointelegraph
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Source:CoinDesk
Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe
Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal. Source:CoinDesk
Japan targets early 2030s launch for blockchain-based stock and bond settlement system
Japan's regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.…
Live updates: Zcash pulls back 8% as its Grayscale ETF goes live, capping a 60% rally
The privacy coin's spot ETF began NYSE trading Tuesday, which was one of the catalysts behind its surge to an eightyear high. Now traders are selling the news,…