Tokenized stocks recorded about $3 billion in decentralized-exchange transactions over seven days, according to figures reported on Nov. 4. US stocks rallied that day as Republicans lost unified control of Washington, with the S&P 500 up 1.6%, the Dow up about 3% and the Nasdaq up 1.4%. A modeled $10,000 round trip in tokenized Coinbase…
This story was originally published by CryptoSlate.
The firm’s flagship Spiko Amundi Overnight Swap Fund (SAFO) held $2.39 billion in assets under management as of late last month.
A consortium of global banks is committing serious capital to advance its stablecoin project into active development. The funding totals around $270 million from firms including Goldman Sachs…
The Financial Stability Board cited progress on crypto licensing and urged stronger enforcement and cooperation with foreign regulators.
Bitmine Immersion Technologies told the SEC that 97% of its revenue in the year to August 31 came from staking and validation. The Tom Lee-led ether treasury a year ago yielded zero revenue from…
The expansion adds more than 200 tokenized UK and EU equities, including all 40 companies in Germany’s DAX index, as xStocks plans further expansion into Hong Kong.
One of America’s largest banks is taking another step into blockchain-based payments. PNC Bank has introduced a new service allowing eligible corporate clients to receive USDC stablecoin payments and…
