Digital Assets archive
Every Digital Assets story, newest first. 458 stories
9 stories
- Tokenization
Perpetuals.com files to run tokenized US stock venue under SEC exemption
The Nasdaq-listed fintech, led by former FTX Europe chief Patrick Gruhn, is the second firm to seek the SEC's innovation-exemption route for tokenized U.S. equities.
- Crypto ETFs & funds
Federated Hermes plans first tokenized fund shares through Prometheum
The $911 billion manager says money market funds are a likely starting point and has not named the funds or blockchains.
- Crypto ETFs & funds
BlackRock digital-asset AUM jumps 63% to $79.6 billion, still 23% below year-ago level
Of the quarter's $30.8 billion increase, $22.9 billion came from market gains and $7.9 billion from investor contributions.
- Regulation
Payward to buy Lithuania's Saldo Bank for EU banking license
The Kraken parent would use the license to offer interest-bearing deposits, loans, cards and euro payments.
- Adoption
Evernorth taps Ripple, Kraken, Coinbase and BitGo for $648M XRP treasury
The Nasdaq-listed company says it is planning a phased move into XRP lending and yield strategies.
- Regulation
Dutch central bank grants Qivalis e-money license for euro token
The 37-bank consortium still needs a published MiCA white paper before issuing its euro-denominated token, and has not said which members will use it.
- The Wrap
BNY and Citadel Securities Complete Tokenized Treasury Collateral Transaction
BNY said it expects to extend settlement hours for Federal Reserve-eligible securities and U.S. triparty transactions to European and Asian hours next year.
- Adoption
Standard Chartered opens direct bitcoin and ether trading to UAE professional investors
The bank says the service runs through Zodia Markets under VARA licensing and keeps custody and settlement inside its own ecosystem.
- Custody & Infrastructure
Coinbase, holder of about 5% of bitcoin, urges quantum migration now
The exchange's blog post sets criteria for a post-quantum upgrade, including how to handle coins that may never move.
7 stories
- Tokenization
BNY, Citadel Securities complete tokenized Treasury collateral transaction
BNY also says it expects to extend settlement hours for Federal Reserve-eligible securities and U.S. triparty transactions to European and Asian hours next year.
- Adoption
Strive announces $500 million perpetual preferred sale
The SATS shares carry a 15% fixed dividend and rank junior to Strive's existing SATA preferred; proceeds may buy bitcoin, income-producing assets or buy back stock, CoinDesk reported.
- Regulation
Nasdaq and NYSE file ETP trading-halt rule changes effective on filing
The notices amend Nasdaq Equity 4, Rule 4120 and NYSE Rule 7.18.
- Regulation
EU finance ministers agree position limiting ESMA crypto supervision to significant firms
The negotiating position would keep MiCA's 15-million-user significance test and add criteria that could qualify a firm with just over 1 million users.
- Tokenization
Federated Hermes plans its first tokenized fund shares with Prometheum
The $911 billion manager says money market funds are a likely starting point and has not named the funds or blockchains.
- Custody & Infrastructure
Sberbank added to Bank of Russia crypto exchange register
The bank joined the digital depository register earlier this month and plans to debut products Dec. 1, according to Interfax.
- The Wrap
Standard Chartered adds RLUSD custody in Dubai
The Dubai custody is live for eligible clients; a planned LMAX collateral arrangement remains subject to documentation, testing and regulatory approvals.
7 stories
- Tokenization
EU finance ministers back €300bn per-infrastructure DLT Pilot Regime cap; Lagarde objects
The Council of the EU's negotiating position raises the Commission's proposed €100 billion ceiling per DLT market infrastructure, and separately lifts the cap on bank-run DLT settlement schemes to €50 billion.
- Tokenization
Harneys and dropRWA plan tokenized catastrophe bonds for early 2027
The planned tokens would represent legal ownership of catastrophe bonds and could hold smaller beneficial interests, subject to securities, insurance and investor-protection rules.
- Custody & Infrastructure
Standard Chartered adds RLUSD custody in Dubai with LMAX collateral link planned
The Dubai custody is live for eligible clients; a planned LMAX collateral arrangement remains subject to documentation, testing and regulatory approvals.
- Regulation
Financial Stability Board urges cross-border information sharing and crisis planning for stablecoins
The G20 watchdog says stablecoin arrangements have not been tested under severe stress and that multi-issuer structures leave reserves and insolvency claims unclear.
- The Wrap
Jeonbuk Bank launches bitcoin-backed corporate loans in South Korea
The lender issues Korean won against bitcoin held by a registered crypto custodian and enforces repayment through a court-ordered collateral sale.
- Adoption
Jeonbuk Bank starts bitcoin-backed corporate loans in South Korea
The lender issues won against bitcoin held by a registered crypto custodian, with repayment enforced through a court-ordered sale of the collateral.
- The Wrap
CFTC interim swap-definition rule takes effect immediately; event contracts face 30-day comment
The SEC separately proposed expanding fund cross trading to most fixed-income securities; comments run 60 days after Federal Register publication.
3 stories
- Regulation
Most amicus briefs in sports prediction-market case urge Supreme Court to side with states
Filers include former Senator Chris Dodd, former CFTC and SEC chair Gary Gensler, the NFL, 39 states, D.C. and 145 tribal nations, per CoinDesk.
- Regulation
Clarity Act's Senate failure hands crypto rulebook to SEC and CFTC
Three SEC and CFTC actions on tokenized stocks, retail leverage and custody lead the near-term rulemaking agenda.
- Tokenization
IMF finds tokenized US stocks 1.5 times as volatile, less liquid
The report puts the tokenized real-world asset market at about $65 billion as of July 31, with tokenized equities at roughly $2.3 billion of that.
2 stories
- Tokenization
Tokenized commodities reached $5.55 billion at end-March as Paxos and Theo pitch lending
Gold-backed tokens from Paxos and Tether accounted for almost 90% of that growth, and the executives describe financing metals and inventory as the next markets.
- Regulation
CFTC issues interim swap definition and proposes folding event contracts into swaps
The interim final rule becomes policy immediately and stays open to public input, while an event-contracts proposal carries a 30-day comment period amid state litigation over sports betting.
8 stories
- Tokenization
Robinhood Chain weighs Arbitrum fee-based trade priority for tokenized assets
The Layer-2 network for tokenized real-world assets orders transactions first-come, first-served today and has not used Arbitrum's earlier Timeboost tool.
- The Wrap
OKX adds Circle, Ripple, Qube and SC Ventures as investors at $25bn pre-money
The exchange did not disclose the amount, and the round prices at the same $25 billion pre-money valuation ICE agreed in March.
- Regulation
SEC proposes expanding cross trading by registered funds to most fixed-income securities
Proposed Rule 17a-7 amendments would modernize pricing and oversight and add aggregated trade reporting; comments run 60 days after Federal Register publication.
- The Wrap
Sui's Hashi prepares $500 million bitcoin lending launch
Anchorage Digital joins as a day-one partner for the network that lets holders pledge bitcoin without moving it off the Bitcoin ledger.
- Crypto ETFs & funds
Thailand's SEC issues rules allowing local bitcoin and ether ETFs from Oct. 16
Rules effective Oct. 16 let Thai asset managers list single-asset funds on the Stock Exchange of Thailand, with crypto custody at SEC-regulated firms and no broker lending for crypto purchases.
- Adoption
Sui's Hashi network to launch with $500M in capital commitments for bitcoin lending
The institutional network lets holders pledge bitcoin without moving it off the Bitcoin ledger, with Anchorage Digital among day-one partners.
- Custody & Infrastructure
XRP Ledger activates permission delegation for banks and stablecoin issuers
The Oct. 8 upgrade lets an account grant a helper up to 10 scoped permissions while keeping its main keys offline.
- Regulation
Hester Peirce's parting speech takes aim at finance's mass data collection
Will Schwartz of the Blockchain Association recounts the Sept. 23 SIFMA remarks, delivered eight days before her last day as a commissioner.
4 stories
- Tokenization
Crédit Agricole Assurances allocates €100m to tokenized Amundi cash fund
CACEIS, Crédit Agricole's securities services subsidiary, serves as tokenization and transfer agent for the tokenized share class.
- Tokenization
Citrini tokenization report favors fee collectors over bitcoin and ether
It proposes listed-stock and token baskets and names Securitize, Coinbase, Robinhood, Circle, Figure, SoFi and Bullish.
- The Wrap
Securitize to launch tokenized US stocks on Solana backed one-to-one by shares
Securitize Stocks will start with 12 companies and settle in USDC, with Apple and Nvidia named, according to The Block.
- Tokenization
Cardano Foundation spins out Veridian and tokenizes the identity firm's shares on CIP-0113
Veridian tokenized most of its 1 million shares on CIP-0113, the standard the Cardano Foundation introduced this week, and plans to seek strategic investors in 2027.