Boerse Stuttgart Digital, Tradias close European crypto merger
The completed tieup combines Boerse Stuttgart Digital’s custody business with Tradias’ trading operations under a joint management team. Source：Cointelegraph
SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
Elon Musk's space company posted its first earnings as a public company ahead of a major insider share unlock. Source：CoinDesk
Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. Source：CoinDesk
Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million. Source：CoinDesk
Dinari brings tokenized U.S. stocks to American investors as equity race heats up
The move brings the custodial tokenization model to eligible U.S. investors as competition over blockchainbased equities intensifies. Source：CoinDesk
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZerotoChainlink moves now totaling $14.5 billion. Source：CoinDesk
BNY to add crypto staking to digital asset custody platform
The custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors. Source：CoinDesk
BlackRock debuts tokenized access to $311 billion of money market funds in Europe
Earlier this week, BlackRock expanded its U.S. tokenized cash platform which involved offering onchain shares of an existing fund, plus a new daily…
First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
Hashdex's DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT. Source：CoinDesk
Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears
Japan may have spent as much as $36.6 billion buying yen in the first joint USJapan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says…