Through a new strategic alliance, Sei Network will embed its crypto wallet and discovery app on upcoming Xiaomi smartphones, enabling users to access Web3 payments, dApps and stablecoin features out of the box and significantly lowering the barrier to crypto adoption across Xiaomi’s worldwide customer base. Read More
Real‑world‑asset platform Ondo Finance has announced that Ondo Global Markets has processed more than 2 billion dollars in cumulative trading volume across its tokenized U.S. stocks and ETFs, cementing its position as one of the leading venues for on‑chain exposure to traditional equities and highlighting rapid growth in tokenized securities demand.
The European Union has slapped a $140 million fine on Elon Musk’s social platform X, accusing it of misleading users with its verified badge system and failing to provide transparency in user data access. The penalty marks one of the toughest actions yet by EU regulators under new digital transparency laws. Read More
BlackRock CEO Larry Fink and COO Rob Goldstein say tokenization is now at a “early internet” stage, with the power to reshape global markets much faster than most investors expect. They highlight a 300% jump in real‑world asset tokenization over the past 20 months as proof that this shift is already accelerating. Read More
Digital payments leader PayPal has submitted applications to Utah regulators and the FDIC to create PayPal Bank, an industrial loan company that would let it offer FDIC‑insured savings accounts and expand its in‑house small‑business lending, reducing reliance on partner banks and deepening its role in the U.S. financial system. Source: Bloomberg
SWIFT has confirmed that it is developing a blockchain‑based shared ledger in partnership with more than 30 leading banks from 16 countries, using a prototype built with Consensys to enable real‑time, round‑the‑clock cross‑border payments. The new infrastructure is designed to move regulated tokenized value – including tokenized deposits, securities and potentially CBDCs or stablecoins –…
Strive, the publicly traded asset manager co‑founded by Vivek Ramaswamy, has announced a 500 million dollar at‑the‑market preferred stock offering, with plans to channel the funds into additional Bitcoin purchases, Bitcoin‑related products and broader corporate growth initiatives, reinforcing its strategy as a long‑term BTC reserve company. Read More
