LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
The trading infrastructure runs on LayerZero’s Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.
Trading
Robinhood (HOOD) brings crypto trading to UK in AI-powered all-in-one app
Robinhood (HOOD) is introducing zero-fee crypto trading in the U.K. alongside stocks and shares ISAs, equities, options and futures, the company said on Monday. The all-in-one Robinhood app will bring U.K. customers access to over 50 cryptos including Bitcoin BTC$65,252.85, Ethereum ETH$1,926.76, XRP (XRP), Hyperliquid… Read More
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Trading volume for tokenized stocks and ETFs surged 288% to a record $11.3 billion in July, though most of the increase came from a single Binance-linked token. Binance bStocks accounted for $9.41 billion, or 83.3% of the total, according to CoinDesk Data’s latest Stablecoins &… Read More
Russia’s largest bank Sberbank plans crypto trading infrastructure by December
Russia’s largest bank, Sberbank, plans to build cryptocurrency trading infrastructure and launch a digital depository by Dec. 1 as Russia moves to bring crypto trading, custody and settlement into its regulated financial system. The depository, according to Interfax, will record clients’ ownership of cryptocurrency and… Read More
Robinhood Chain’s real-world assets jump fivefold as tokenized stocks start trading in size
Total value locked has roughly tripled since mid-July to about $312 million, according to DefiLlama, and Robinhood Chain is now clearing more than $600 million in daily decentralized-exchange volume, putting it among the more active networks in crypto. Robinhood Chain’s locked value has more than… Read More
Institutional crypto trading platform LMAX explores strategic alternatives, including sale, IPO
Institutional crypto trading platform LMAX Group is working with Morgan Stanley (MS) and investment bank KBW, part of Stifel (SF), to evaluate strategic options, according to three people familiar with the matter. The company is exploring a sale or public listing that could value the… Read More