Digital Assets archive
Every Digital Assets story, newest first. 460 stories
6 stories
- Tokenization
ARK asks SEC for a tokenized share class without asking it to bless the ledger
The venture interval fund's application seeks a ledger-recorded share class and leaves the distributed ledger itself out of the requested relief.
- Tokenization
REC's tokenized bond draws an eight-times book in SEBI's sandbox
The state-owned lender's ₹5 billion placement found eager institutional buyers, but whether the token itself mattered remains the open question.
- Adoption
Compound walls off institutional-only lending
A v3.5 market splits Compound's liquidity, gives whitelisted borrowers their own terms, and leaves the stress parameters off the page.
- Tokenization
DBS and Citi complete weekend dollar transfer on Swift ledger
The Sept. 5 Singapore–New York payment is the ledger's second live use, stretching tokenized deposits past standard banking hours while final settlement stays on existing systems.
- Adoption
BitMine nears its 5% ETH target as staking takes over
The weekly purchase still reads as intent, but the 85% staked share is now the number that moves the company.
- The Wrap
Liquid's recovery was a negotiation, not a settlement
Blockstream got most of the frozen bitcoin back by talking to the draining address; the 15% left behind is the cost of social settlement, and Nasdaq Texas now offers the rulebook alternative.
3 stories
- Custody & Infrastructure
Liquid gets most bitcoin back, without a control point
The federation negotiated onchain with the address that drained it; the 15% left behind is the price of the model.
- The Wrap
Crypto's market structure runs on two regulatory rails
Nasdaq Texas gets an SEC-cleared spot ETP rule while Hyperliquid's reported perpetual-futures talks target a CFTC-regulated exchange, leaving institutions with two separate U.S. markets.
- The Wrap
Liquid's $319.5 Million Freeze Is a Custody Problem
Blockstream immobilized 3,998 bitcoin and said no key was stolen. The open question is which named party controlled the funds.
1 story
- Custody & Infrastructure
Why Liquid's 3,998 BTC pause is a custody event
Blockstream froze the sidechain after nearly the whole federation wallet moved through SideSwap's peg-out key; the network says no key was stolen, leaving the real control failure unnamed.
1 story
- Custody & Infrastructure
A blob-space scramble left Robinhood Chain's batches queued for 14 minutes
Robinhood Chain kept producing blocks while its Ethereum batches waited behind Base, leaving app users unaware of the settlement queue.
2 stories
- Regulation
SEC clears Nasdaq Texas rule for crypto ETP listings
Accelerated approval gives Nasdaq Texas an SEC-cleared Commodity Based Trust Shares standard, the exchange rule spot bitcoin and ether products need before they can trade.
- The Wrap
LSE's tokenized stocks are loan notes, not shares
Payward's xStocks trade as debt against a Jersey share pool, making tokenized equity a crypto-native index wrapper rather than onchain stock trading.
1 story
- The Wrap
LSE's Tokenized Stocks Are Loan Notes
Payward's xStocks will trade as debt against shares in a Jersey vehicle, not as onchain equity—and the wrapper is the product.
3 stories
- Tokenization
LSE to List Tokenized Versions of UK's 100 Largest Stocks
The London Stock Exchange's planned listing of Payward's xStocks would put the 100 largest London-listed companies on a 24/5 venue as loan notes, with the shares parked in a Jersey vehicle.
- Adoption
Firelight raises $8M to back DeFi cover with staked XRP
The seed round is a fraction of the $88.3 billion it aims to protect, yet the structure splits capital from adjudication to address the conflict that has kept onchain cover marginal.
- Tokenization
High-yield credit becomes onchain collateral
Securitize's HINC fund is now borrowable on Loopscale, pushing tokenized lending beyond Treasuries and into marks that can fall.
9 stories
- Regulation
Hyperliquid's U.S. perp path runs through Bitnomial
Bloomberg-reported talks would put Hyperliquid's permissionless perps on Bitnomial's CFTC-regulated exchange; the open question is whether the commission blesses the mix.
- Regulation
SEC pushes Form PF deadline to 2027 while it rebuilds the rule
Managers who build to the old amendments now may pay twice. The SEC is narrowing the rule before it lands.
- Adoption
Strategy's bitcoin return rests on a two-sided balance sheet
The $370 million purchase was funded by selling MSTR shares and partly allocated to STRC dividends and buybacks, making the bitcoin treasury's endurance a function of the stock price.
- Adoption
BitMine holds staked ETH at 5.07M as treasury grows
The miner's staked position has been flat for four weeks while its holdings march toward 5.9M ETH; the unstaked 834,000 ETH is the capital that will test MAVAN.
- Adoption
Sberbank plots bitcoin, Ethereum and Tether as loan collateral
A conditional plan to lend against digital assets makes credit, not payments, the adoption path in Russia's new regulated regime.
- Adoption
Strategy restarts bitcoin buying with a two-sided balance sheet
A $369.7 million purchase, funded by stock sales and paired with preferred buybacks, shows the board's capital framework working as designed.
- Crypto ETFs & funds
CME's ex-BTC index is a bridge to the altcoin ETP wave
The emerging index's 10% inception cap turns pending listing-standard compliance into a product roadmap.
- The Wrap
Tokenization's real fight is collateral, not issuance
Stellar's $3 billion RWA stack backs only $2 million in loans; Bullish's $100 million GPU facility is a bet that stablecoin capital can learn to lend.
- Adoption
Stablecoin adoption is splitting into two very different markets
The GENIUS Act made the plumbing legal; now the hard problem is the last mile in local currency.
9 stories
- Adoption
Visa's second Korean stablecoin deal puts it inside Upbit
The Dunamu partnership hands Visa the exchange rails to match Shinhan's bank rails, and tests whether the revenue split is simple enough for merchants to care.
- The Wrap
Tokenization stops wrapping and starts working
Bitwise's self-custodied stocks, Ethena's equity-perp dollar, and EDX's yield-bearing collateral show the tokenized product layer earning its keep.
- Adoption
Bullish backs GPU loans with $100M stablecoin facility
A $100 million commitment tests whether SPV-wrapped GPUs can turn stablecoin capital into equipment-finance credit.
- Tokenization
Stellar's $3 billion RWA stack outruns its DeFi collateral engine
A $2 million RWA-backed lending pool shows why tokenization's next fight is over collateral, not issuance.
- Adoption
Circle adds USDC, EURC to Plasma as CCTP spreads
The Plasma launch gives USDC a 37th native chain, though the more consequential number is the 28 chains CCTP now connects.
- Crypto ETFs & funds
Staking yield takes Bitwise's Solana ETF to $1 billion
Bitwise's staking wrapper crosses $1 billion in net assets and holds nearly 79% of cumulative flows across six Solana ETPs, setting the category's benchmark.
- The Wrap
Ethena bets the dollar on equity perp funding
The $4.1 billion synthetic dollar is becoming a stock-market carry trade.
- The Wrap
CIMB Settles a Sukuk on Its Own Rail
The Malaysian pilot closes the delivery-versus-payment loop that earlier bank tokenization tests left to legacy settlement.
- Adoption
Bridge bets on tokenized local currencies beyond the dollar
The Stripe-owned stablecoin firm says the next wave of growth lies in tokenized euros, pesos, and pounds — but the yield story runs straight back to U.S. Treasuries.
3 stories
- Regulation
Cboe BZX caps the spread on crypto ETP market-maker quotes
The immediate-effectiveness filing turns a two-sided quoting obligation into a measurable spread standard; the width BZX chose decides how much it binds.
- Tokenization
CIMB settles tokenized sukuk with tokenized deposits
A Malaysian pilot pairs tokenized securities with tokenized deposits, testing the settlement model bank-owned rails are betting on.
- The Wrap
Stablecoin winners will own distribution, not issuance
Revolut puts Bridge's license in front of 75 million customers while EDX prices yield-bearing collateral and Visa wires the rails.
2 stories
- Tokenization
Visa joins BLOOM, signs Shinhan to stablecoin rails
The card network is positioning itself as the settlement switchboard for regulated stablecoins in Singapore and Korea.
- Tokenization
39 state banking groups formalize a bank-owned settlement rail
The alliance wants community and regional banks to own the tokenized settlement network they rely on; the ownership terms are still unpriced.