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.…
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move
The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month. Source:CoinDesk
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
The trading infrastructure runs on LayerZero's Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.…
Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios
The crypto ETF issuer is pushing deeper into onchain asset management as tokenization create new ways to build and manage investments. Source:CoinDesk
Crypto custody firm Copper has potential buyers. But offers are way below its $500 million asking price
Once valued at $2.5 billion, Copper was being marketed by investment bank Cantor Fitzgerald at around $500 million in May this year. Source:CoinDesk
Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi scheme
Brent Kovar has been found guilty of running a crypto Ponzi scheme, defrauding at least 400 investors out of $24 million. Source:CoinDesk
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors. Source:Cointelegraph
Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
Tokenized U.S. treasury and money market funds are one of the fastestgrowing segments in the digital asset markets, growing fifteenfold in two years.…
Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a…
Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain
The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework. Source:CoinDesk