Flash News

TREE NEWS reports: The crypto industry disclosed nine funding deals totaling about $409 million between Nov. 7 and Nov. 13, 2026, including corporate commitments and two public token sales. Project Faro, a 21-institution consortium, secured roughly $270 million in commitments from Goldman Sachs, Citi, Santander and Deutsche Bank to cover five years of operating costs, with a US issuer and a dollar stablecoin planned for the first half of 2027. Index Industries raised a $50 million seed led by Lightspeed Venture Partners, and Alta closed a $47.5 million Series A led by Index Ventures.

TREE NEWS update: RWA protocol stUSDT said stUSDT and wstUSDT will cease services, with a redemption window running from Nov. 14, 2026, to May 14, 2027, and Rebase rewards ending Nov. 14, 2026. Users must click “Claim” to collect USDT after unstaking. After May 14, 2027, the self-service redemption portal will close and remaining requests must go through customer service, to be processed in monthly batches before August 2027.

TREE NEWS update: Payward, the parent company of crypto exchange Kraken, has made AI its fifth business pillar and plans to launch a personal finance AI assistant that operates within user-set limits and requires approval before executing trades or workflows. The assistant will log all actions, and Payward intends to train proprietary models on its own trading, balance, payment, identity and risk data. Its tokenization unit xStocks topped $1 billion in assets under management in October, covering more than 700 tokenized stocks.

TREE NEWS update: Ondo has backed a Spout plan to offer no-interest stock-token loans through a planned Solana integration. The structure would fund lender returns with covered calls, leaving borrowers exposed to forgone gains and liquidation risk. No timeline or launch date was disclosed.

TREE NEWS update: Kraken has opened requests for exposure to Anthropic’s IPO through share-backed ANTx tokens carrying a 5% spread, available to eligible clients. The tokens do not confer direct stock ownership. Submitting a request reserves client funds, and participants may receive no allocation.

TREE NEWS update: The New York Stock Exchange will use Avalanche exclusively to settle tokenized equities on its planned 24/7 tokenized securities trading platform, which is set to launch in the fourth quarter pending regulatory approval. Neither Ava Labs nor the NYSE mentioned any role for the AVAX token in settlement, fees or staking, with AVAX’s direct revenue limited to validator fees on Avalanche’s custom L1 mechanism.

TREE NEWS update: The central banks of the UK, Singapore and Thailand have completed a cross-border foreign exchange settlement trial linking traditional and tokenized systems, using Partior’s synchronization prototype. The three institutions published their findings from the trial, which tested settlement across both conventional and tokenized infrastructure.

TREE NEWS update: The Bank of England and several Asian central banks tested linked foreign-exchange settlement under Project Meridian FX APAC, connecting traditional and tokenised test systems. The trial did not involve live participants or production operating conditions. No date was given for the exercise.

TREE NEWS reports: Crypto stock derivatives on eight major platforms averaged $20.11 billion in daily volume from August to October 2026, with total turnover of about $1.79 trillion, RootData Research data show. Daily volume fell from $23.36 billion in August to $17.04 billion in September before recovering to $19.81 billion in October, while open interest rose 38.66% to $9.22 billion. Tokenized stock spot trading averaged $324 million a day, about 61.5 times smaller than derivatives on the same platforms.

TREE NEWS update: DTCC has named Solana as the fifth network on its tokenization service roadmap, with the link due in the second half of 2027. Only firms holding DTC accounts would be able to hold the tokens issued through the service. The addition marks another step in the post-trade infrastructure provider’s multi-chain plans.

TREE NEWS reports: North Korean hackers have launched memecoins to launder funds stolen in the Binance hack, while tokenization platform xStocks plans to add hundreds of Hong Kong-listed equities in the coming weeks. The two developments highlight parallel trends in Asia’s crypto landscape: illicit actors using memecoin markets for money laundering and tokenization platforms expanding into traditional equity markets.

TREE NEWS update: The Depository Trust & Clearing Corporation (DTCC) plans to connect its tokenized securities service to Solana in the second half of 2027. Under a December 2025 SEC no-action letter, DTC participants must use registered wallets to hold tokenized securities, and tokens can only be transferred between registered wallets.

TREE NEWS update: The Depository Trust & Clearing Corporation plans to bring tokenized stocks to the Solana blockchain in 2027, the US securities clearinghouse said. Analysts said wallet restrictions attached to the plan could limit adoption of the tokenized equities. The DTCC is the central clearing and settlement infrastructure for US securities markets.

TREE NEWS update: NYSE has chosen Avalanche as the sole settlement chain for its planned 24/7 tokenized stock trading platform, making Avalanche the venue for one of three U.S. tokenized stock launches this past week. On November 4, $CNTN became the first U.S. equity to trade under the SEC’s Innovation Exemption. The three tokenized stock venues each selected a different blockchain.

TREE NEWS update: KPMG has signed off on the 2025 financial statements of TG Commodities, the issuer of the XAUT gold token, covering $2.2 billion in bullion as of Dec. 31, 2025. Only Tether’s announcement of the audit is public; the attestation is a snapshot of one company on that date.

TREE NEWS update: KPMG has completed a full audit of Tether Gold (XAUT), physically counting every gold bar backing the token and confirming $2.2 billion in bullion reserves. The token is Tether’s second stablecoin to undergo a complete audit by a Big Four accounting firm, following a similar review of its flagship USDT stablecoin.

TREE NEWS update: KPMG U.S. issued an unqualified, or “clean,” audit opinion on the 2025 financial accounts of TG Commodities, the issuer of Tether Gold, following USDT’s completion of a Big Four audit. The opinion confirms the accounts present fairly the company’s financial position. The move extends Tether’s audit push to its gold-backed token subsidiary.

TREE NEWS update: Securitize and Ethena have opened a BUIDL facility with $100 million in stated capacity, starting with $25 million each in USDC and BUIDL. Additional funding is conditional rather than a continuously available $100 million cash pool. The structure pairs stablecoin liquidity with BlackRock’s tokenized money market fund.

TREE NEWS update: The Depository Trust & Clearing Corporation plans to add Solana to its tokenization service in the second half of 2027, alongside Canton and Besu. The move extends DTCC’s tokenized-securities infrastructure to the Solana blockchain, with the timeline set for later in 2027.