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Digital Capital Daily

from Private Wealth Daily

The edition as it went to readers: 6 stories.

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The lead

Franklin Templeton adds $150 million sgBENJI to XRP Ledger

All $150 million went to one wallet that shares its eight signers with Franklin's issuing account, CoinDesk's ledger review found.

The Wrap

BaFin authorizes Deutsche Bank for crypto custody

German launch still needs approval; Asia plan for 2027 names no market

The Wrap

Securitize shares fall 38% since Solana tokenized-stock launch

Twelve tokenized stocks trade through Securitize's broker-dealer on Solana; Jump Trading is the market maker.

The Wrap

HSBC rolls out RedCoin stablecoin to PayMe's 3.3 million users

The Hong Kong dollar token is fully backed by high-quality liquid assets in separate accounts; a tokenized money market fund share class is next.

Custody & Infrastructure

Central Bank of Ireland fines Coinbase Ireland €3.25m over client-fund safeguarding

The regulator faulted the unit's outsourcing governance; Coinbase says coding errors underfunded its safeguarding account by an average 0.54% and that no client lost money.

Regulation

Blumenthal asks Tether for details of payments to Bo Hines' firm

The ranking Democrat on the Senate investigations subcommittee sent letters to Tether and Nxum Group on Thursday.

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