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.…
U.S. banking agency gives blockchain bank OpenReserve initial OK to operate
The Office of the Comptroller of the Currency granted a provisional charter to the new fullservice bank, adding it to the growing mix of cryptonative…
Hashkey joins DTCC working group as first Asian crypto service provider
Hashkey joined the DTCC’s working group on tokenization innovation as the first Asian crypto service provider to join with over 100 financial institutions,…
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a eurodenominated offering next.…
London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT
The London bourse operator is seeking to offer 24/5 exposure to UKbased tokenized equities, as more TradFi institutions explore tokenized equities offerings.…
Should I use my financial institution’s free advisers or hire an independent?
Buyer beware: There’s no shortcut for getting proper financial advice. Source：MarketWatch
Japan weighs blockchain fast lane for securities cash settlement
The FSA, Finance Ministry, BOJ and financial institutions plan to study the infrastructure and produce a development plan by early 2027. Source：Cointelegraph
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multiasset clearing, citing…
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after…
Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure
Nvidia late Monday announced a partnership with seven Wall Street financial institutions designed to raise more than $500 billion of thirdparty capital to fund…