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Crypto Firms Launch Wall Street-Style Funds: Finance Redefined

Source: Cointelegraph Crypto firms are entering Wall Street with stocks and equities offerings, showing the “growing synergy” of the traditional investment and digital assets sectors. Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets. With investors seeking more flexible product offerings under one platform,… Continue reading Crypto Firms Launch Wall Street-Style Funds: Finance Redefined

Trump Kills DeFi Broker Rule in Major Crypto Win: Finance Redefined

Source: Cointelegraph President Donald Trump has overturned the IRS’s DeFi broker rule, a measure that had threatened to curb DeFi innovation. Trump kills DeFi broker rule in major crypto win: Finance Redefined, April 4–11 In a significant win for decentralized finance (DeFi) protocols, US President Donald Trump overturned the Internal Revenue Service’s DeFi broker rule,… Continue reading Trump Kills DeFi Broker Rule in Major Crypto Win: Finance Redefined

Custodia and Vantage Bank Partner for ‘First Bank-Issued Stablecoin’

Source: Cointelegraph Custodia Bank said it partnered with Vantage Bank to tokenize US dollar demand deposits and issue them on Ethereum. The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America’s first-ever bank-issued stablecoin” on a permissionless blockchain. Custodia said on March 25 that it tokenized US… Continue reading Custodia and Vantage Bank Partner for ‘First Bank-Issued Stablecoin’

Sony’s Aibo Robot Dog Is Back—In Ethereum NFT Form

Source: Decrypt Nearly 10 million free Aibo NFTs have been minted on Soneium, Sony’s Ethereum layer-2 network, granting them tokens that can’t be traded. Tech giant Sony is commemorating 25 years since the launch of Aibo, its companion robot dog, with an officially licensed soulbound NFT collection called “Entertainment Robot Aibo” on the Soneium blockchain.… Continue reading Sony’s Aibo Robot Dog Is Back—In Ethereum NFT Form

Ethereum NFT Collections Drive Weekly Volume to $304M

Source: Cointelegraph Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections. Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million. On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales… Continue reading Ethereum NFT Collections Drive Weekly Volume to $304M

NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin

Source: Cointelegraph November has already surpassed October’s total volume, continuing strong market momentum for NFTs. Non-fungible tokens (NFTs) maintained a solid weekly sales volume despite a slight decline compared with the previous week’s surge. On Nov. 24, NFT data tracker CryptoSlam showed that digital collectibles had a strong week, recording a sales volume of about… Continue reading NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin

BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

Source: Cryptoslate BUIDL’s growth on popular blockchains promises new ventures for DAOs and digital firms, despite varied fees. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement. This expansion is part of BlackRock’s strategy to strengthen… Continue reading BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

Chainlink launches private blockchain transactions for institutions

Source: Cointelegraph ANZ Bank will be among the first clients to debut Chainlink’s privacy-preserving tech for tokenized RWA settlement under Singapore’s Project Guardian. Chainlink, an Ethereum-based decentralized blockchain oracle network, has launched new technology to help financial institutions maintain data privacy while transacting across blockchain networks. On Oct. 22, Chainlink introduced two new privacy-preserving capabilities… Continue reading Chainlink launches private blockchain transactions for institutions

Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform

Source: CoinDesk Visa’s new Platform will enable the development of fiat-backed tokens powered by smart contracts. Visa has developed a new product to help banks issue fiat-backed tokens on the Ethereum network. One of the first financial institutions to use the platform will be Spanish bank BBVA, who expects to launch a live pilot in… Continue reading Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform

PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption

Source: Cointelegraph The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. ENS Labs’ recent partnership with PayPal and Venmo could significantly boost crypto payment adoption and help the industry reach the first billion crypto holders. Ethereum Name Service (ENS), which offers Web3,… Continue reading PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption