Backed and Chainlink launched xBridge, the first stock bridge for tokenized stocks. The bridge ensures corporate actions are maintained across chains. Backed, a leading provider of compliant tokenized equities and ETFs, has teamed up with Chainlink. Together, they have officially deployed xBridge. This new product is the first bridge that enables the movement of tokenized […]
The Depository Trust Company (DTC) secured a No-Action Letter from the SEC. This clears the firm to launch a tokenization service for DTC-custodied assets. The Depository Trust Company (DTC) has received a No-Action Letter (NAL). This was issued by the U.S. Securities and Exchange Commission (SEC). This is a significant regulatory clearance in which the […]
Coinbase partners with Chainlink CCIP to enable seamless cross-chain transfers for Wrapped Assets, expanding their utility and reach. Coinbase has chosen Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridge for its wrapped assets. This partnership aims to enhance cross-chain transfers, helping Coinbase Wrapped Assets reach new blockchain ecosystems. The collaboration is expected to […]
Bitcoin drops to $90K after a cautious Fed rate cut; steady ETF inflows and easing on-chain selling shape market sentiment now. Bitcoin pulled back toward $90,000 after the Federal Reserve cut interest rates by 25 basis points and paired the move with guidance that traders viewed as cautious. Market participants waited for clearer signals […]
ASIC eases rules for stablecoin and wrapped token distribution, removing extra licensing and allowing omnibus accounts for cheaper operations. Australia’s securities regulator (ASIC) has released new rules that are expected to improve how companies handle stablecoins and wrapped tokens. ASIC said the decision creates a simpler path for businesses that work with secondary distribution. […]
Gemini received CFTC approval to operate a Designated Contract Market. This allows the firm to offer binary event contracts and potential crypto derivatives. Gemini has secured key approval from the Commodity Futures Trading Commission (CFTC). This approval grants the firm a Designated Contract Market (DCM) license. This is the official way for its Gemini Titan […]
SpaceX shifts $94M in Bitcoin amid IPO rumors, fueling speculation about its financial strategy and growing use of digital asset. SpaceX recently moved 1,021 BTC, worth approximately $94 million, sparking speculation about its financial strategy ahead of a potential IPO. The transfer, flagged by Lookonchain, adds to a series of large Bitcoin movements, raising […]
Ripple’s XRP Ledger v3.0.0 upgrade boosts stability, DeFi features, and performance, while XRP price rises to $2.08. Ripple has released a major upgrade to the XRP Ledger (XRPL), known as version 3.0.0. The upgrade introduces important changes to enhance network stability and expand decentralized finance (DeFi) capabilities. Ripple is focusing on integrating tokenized real-world […]
Swapper Finance launches Direct Deposits with Chainlink and Mastercard, connecting global payments to onchain finance seamlessly. Swapper Finance unveiled Direct Deposits on Tuesday, integrating Mastercard and Chainlink to simplify onchain payments. The new solution offers users a way to deposit into DeFi protocols directly via cards, crypto, or Web3 wallets. Moreover, there is no traditional […]
Bitwise 10 Crypto Index Fund uplisted to NYSE Arca as an ETF, offering diversified crypto exposure after SEC delays. Bitwise Investment’s 10 Crypto Index Fund has successfully uplisted and started trading as an exchange-traded fund (ETF) on NYSE Arca. This follows a delay caused by regulatory hurdles from the U.S. Securities and Exchange Commission […]
