Ripple’s XRP Escrow Could Last Until 2035, Schwartz Explains
TLDR Ripple currently holds about 32.9 billion XRP in escrow accounts. The company unlocks 1 billion XRP from escrow each month. R...
Avalanche Treasury Lists AVAT on Nasdaq via $675M SPAC Merger Deal
TLDR AVAT begins trading on Nasdaq after a merger with Mountain Lake Acquisition Corp. The SPAC transaction values Avalanche Treas...
Prediction Market Report Shows $11B-$34B Offshore US User Activity
TLDR U.S. users may have driven $11B to $34B offshore prediction market volume. Polymarket alone accounted for up to $27B in estim...
Banking rails are moving past the 'stablecoin winner' narrative: Sygnum
Digital asset bank Sygnum says institutional clients want multiple tokenized cash instruments operating interchangeably on a singl...
Canton Network developer raises $355 million to bring Wall Street onchain
The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe's Tempo and Circle's...
Tether leads $1.4 billion funding round in German robotics company Neura
The investment is part of the stablecoin giant’s expansion into industries outside of crypto.
Citi opens new route into private markets with tokenized share offering
The bank said it is using blockchain technology to connect investors with private company equity through digital depositary receip...
Ondo Finance hires former Invesco ETF chief to build onchain investment products
John Hoffman will spearhead Ondo's expansion from tokenizing individual assets to full investment portfolios and strategies.
Singapore bank DBS to offer tokenized gold to retail customers
Each token is backed by one gram of physical gold held by DBS in a dedicated vault in Singapore.
Crypto Outflows Reflect Sentiment Shock, Says CoinShares
TLDR CoinShares says crypto outflows reflect a sentiment shock, not a structural crisis. James Butterfill links fund withdrawals t...