There is already money on the chain for the feature to serve. Onchain data aggregator RWA.xyz tracks about $1.38 billion of distributed real-world assets on XRPL, including $845.7 million of RLUSD. Ondo accounts for another $212.6 million, followed by VERT Capital at $116.1 million and… Read More
“I’m very supportive of moving the CLARITY Act forward, so we can get some market structure in place and start to move the innovation process along,” Solomon said. SoFi CEO Anthony Noto welcomed Goldman Sachs’ support, noting on X that the two firms have taken… Read More
By Friday afternoon, the mood on commodity trading desks changes. For the first four days of the week, traders have been trying to profit from their bets. By lunch on Friday, however, they’re thinking about how much risk they can tolerate until markets reopen on… Read More
DTCC safeguards more than $114 trillion in securities, making it one of the most important pieces of financial market infrastructure. Every day, it records ownership and settles transactions involving stocks, bonds and other securities. Rather than creating new digital assets, DTCC’s system converts existing securities… Read More
A significant transformation is currently underway across the established cryptocurrency market. The top crypto exchanges are morphing into multi-asset financial platforms, breaking down the traditional barriers that once kept crypto and Wall Street completely apart. Crypto exchange OKX rolled out 13 new “X-Perp” markets for… Read More
Decentralized finance (DeFi) protocols built for crypto assets are increasingly retooling themselves for Wall Street, and VanEck’s tokenized Treasury fund arriving on lending platform Euler is the latest example of that shift. Securitize (CEPT), issuer and tokenization specialist behind VanEck’s VBILL Treasury fund, said Thursday… Read More
