Chainlink said it developed a technical process allowing banks to interact with tokenized investment funds through Swift, the interbank messaging system that underpins much of traditional finance. In a pilot with UBS, Chainlink’s Runtime Environment (CRE) processed subscriptions and redemptions for a tokenized fund using ISO 20022 messages, the international standard for financial messaging used […]
Deutsche Börse Group (DB1) signed a memorandum of understanding with Circle Internet Group (CRCL) to bring regulated stablecoins into Europe’s financial market infrastructure. The agreement aims to integrate Circle’s euro- and dollar-pegged tokens, EURC and USDC, into trading, settlement and custody services across the exchange operator’s platforms, the firms said in a statement on Tuesday. […]
Societe Generale’s digital asset subsidiary, SG-FORGE, has taken its euro and dollar stablecoins into decentralized finance (DeFi), opening them up to borrowing, lending and spot trading, according to a press release on Tuesday. The move places the bank’s EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) on Ethereum-based protocols Morpho and Uniswap, extending SG-FORGE’s effort to […]
DOGE advanced intraday but couldn’t sustain above $0.24, fading into a tight post-rally coil. A 780M volume burst fueled the midday push; late in the session, supply re-emerged and price reset to the $0.23 shelf. News Background Large-holder flows turned net negative for the day, with whales offloading an estimated 40M DOGE, trimming aggregate balances […]
XRP Holds Above $2.90 as ETF Decisions Loom
XRP gained 2.1% during the 24-hour trading session from September 28 at 21:00 to September 29 at 20:00, climbing from $2.84 to $2.90 while moving within a $0.10 range that represented 3.47% of the opening price. News Background • Large institutional addresses holding between 10–100 million XRP tokens accumulated over 120 million coins across the […]
XRP Holds Above $2.90 as ETF Decisions Loom
XRP gained 2.1% during the 24-hour trading session from September 28 at 21:00 to September 29 at 20:00, climbing from $2.84 to $2.90 while moving within a $0.10 range that represented 3.47% of the opening price. News Background • Large institutional addresses holding between 10–100 million XRP tokens accumulated over 120 million coins across the […]
Global traditional finance (TradFi) payments system SWIFT said it is adding a blockchain-based ledger to its network. SWIFT is working with a group of over 30 financial institutions to build a ledger that could make cross-border payments 24/7, based on a prototype by Ethereum developers Consensys, according to an announcement on Monday. “The ledger will […]
One of Europe’s most valuable startups, Revolut, is exploring a dual listing in London and New York for its blockbuster initial public offering (IPO), the Sunday Times reported, citing a “senior City source.” If it were to proceed, the move could mark the first time a company simultaneously lists in New York and joins London’s […]
Crypto credit firm Maple Finance and Elwood Technologies are joining forces to make it easier for large financial institutions to enter digital asset credit markets. The companies announced Monday that Maple’s on-chain lending and asset management platform will link up with Elwood’s execution, portfolio management, and risk tools. Maple, founded in 2021, specializes in structured […]
The world of Digital Asset Treasury (DATs) has entered a new era, after Strive (ASST) announced an all-stock deal to acquire Semler Scientific (SMLR) this week. The deal marked the first merger of two publicly traded bitcoin treasuries, and according to a Wall Street banker familiar with the situation, this is just the start of […]
Analysts mapped a slow-grind path for bitcoin and flagged $112,000 as the trigger while gold advocate Peter Schiff revived the gold-versus-bitcoin debate by challenging Michael Saylor’s BTC treasury bet for his firm. CoinDesk Senior Analyst James van Straten said bitcoin’s market structure has shifted alongside gold’s repricing. He expects a slow, stair-step advance supported by […]
Crypto treasury firms that stockpile tokens could evolve from speculative wrappers into long-run economic engines for blockchains, argues Syncracy Capital co-founder Ryan Watkins. Digital asset treasury (DAT) firms are publicly traded companies that raise capital to acquire and manage crypto on their balance sheets. In a Sept. 23 blog post and an accompanying thread on […]