Kraken's xStocks adds 200 UK and EU shares as its assets top $1.1 billion
Payward says xStocks holds over $1.1 billion. Each token is backed by a share but gives no ownership of the underlying company. Source:CoinDesk
CoreWeave’s stock pops as new financing playbook eases debt concerns
A thirdquarter revenue beat and $9 billion in planned prepayments gave investors renewed confidence in CoreWeave’s business. Source:MarketWatch
Former NYSE president says stock issuers hold the key to tokenization as Bullish builds its platform
Stacey Cunningham, who recently joined digital asset platform Bullish as President, sees the company’s planned Equiniti acquisition and focus on stock issuers…
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollardenominated stablecoin and is expected to be incorporated in the U.S. Source:CoinDesk
Ripple Prime head Marc Asch to step down, Noel Kimmel named successor
Asch is stepping down as head of the institutional prime brokerage. Source:CoinDesk
The crypto wallet that grew up inside Telegram is striking out on its own
The app will offer crypto trading, tokenized U.S. stocks and ETFs, and perpetual futures, all already available through Telegram. Source:CoinDesk
HIVE’s Bitcoin output jumps 49%, but mining revenue still falls
HIVE’s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%. Source:Cointelegraph
Securitize pushes into $6 trillion asset-backed finance market with River One acquisition
The tokenization firm unveiled an acquisition and a $50 million stock buyback as quarterly revenue rose 13%. SECZ shares jumped 10% after hours. Source:CoinDesk
Robinhood backs tokenization of its stock on OKX–ICE platform even as most companies opt out
The brokerage firm said it would rather help build tokenized markets than sit on the sidelines, following a wave of early corporate pushback to the…
Funeral homes are finding new life hosting weddings and golf outings, as the traditional burial business dies out
“It’s not my funeral — it’s yours — so make it what you want,” one funeralhome operator says. Source:MarketWatch
North Korean hackers are creating memecoins to wash loot from $6.3 billion Binance hack
North Korean hackers used six homemade memecoins to launder 117,000 NEAR, worth about $430,000, from the $6.3 billion Binance hack, Elliptic says.…
NYSE picks Avalanche to settle tokenized stocks amid Wall Street's blockchain race
Avalanche will serve as the core settlement ledger for the exchange's planned blockchain stock market Source:CoinDesk