Flash News

TREE NEWS update: LayerZero announced the upcoming launch of ATLAS, a blockchain-based exchange tailored for financial institutions. This move aims to bridge traditional finance with on-chain infrastructure, potentially expanding the reach of blockchain technology in institutional markets.

TREE NEWS update: In a recent Q&A, Binance founder CZ advised against going all-in on crypto, recommending instead a monthly DCA of 1-10% of income into top assets like BTC, ETH, and SOL. He admitted changing his views on NFTs, meme coins, and RWA, acknowledging RWA’s appeal. CZ also discussed AI’s role in crypto payments and the importance of daily learning.

TREE NEWS update: India plans a September pilot for tokenized corporate bonds, with state-controlled REC issuing the debt and select investors using wholesale CBDC payments. This marks a significant step in the country’s exploration of blockchain-based securities.

TREE NEWS reports: Coinbase has introduced tokenized stocks on its Base network, with each token representing a direct claim on an underlying share, including rights. This move marks a significant step in real-world asset tokenization, bridging traditional equities with blockchain technology.

TREE NEWS update: Crypto exchange WEEX has introduced zero trading fees for stock tokens, allowing users to trade tokenized equities without charges. To celebrate, the platform is offering a $100,000 prize pool for participants, encouraging engagement in the new asset class.

TREE NEWS reports: Standard Chartered has become the first bank to distribute an HKD stablecoin, expanding the phased rollout of HKDAP into conventional banking. The bank plans to settle tokenized money market funds in the fourth quarter, marking a significant step in integrating stablecoins into traditional finance.

TREE NEWS update: Franklin Templeton, a $1.8 trillion asset manager, has listed its tokenized U.S. Treasury fund on HashKey’s Earn channel, marking a significant step in bridging traditional finance with crypto. This move expands access to on-chain money market funds for Asian investors.

TREE NEWS update: Franklin Templeton received a no-objection position from the SEC, allowing its $2.6 billion tokenized money market fund BENJI to be used in ETFs and mutual funds. This marks a significant regulatory endorsement for RWA tokenization, bridging traditional finance with blockchain-based assets.

TREE NEWS update: Franklin Templeton plans to use its tokenized money market fund, Franklin Onchain U.S. Government Money Fund (BENJI), as holdings or collateral in ETFs and mutual funds, involving about $2.6 billion in assets, potentially starting in Q4. The SEC has granted a no-action position allowing this structure, pending board approvals. The firm manages over 130 ETFs and $82 billion in ETF assets.

TREE NEWS update: Binance Futures announced the upcoming listing of several USDⓈ-M perpetual contracts tied to traditional finance (TradFi) assets. These new offerings aim to bridge traditional markets with crypto trading, expanding Binance’s derivatives suite.

TREE NEWS update: Coinbase has introduced tokenized stocks for NVDA, AAPL, META, and GOOGL on its Base blockchain, using the B20 token standard. These tokens are fully integrated with DeFi protocols like Aave and Aerodrome, allowing them to be used as collateral, lent, borrowed, and traded 24/7. This marks a significant step in merging traditional equities with decentralized finance.

TREE NEWS reports: India plans to issue its first tokenized bond in September, with a size exceeding $57 million. This move marks a significant step in the country’s adoption of blockchain for government securities.

TREE NEWS update: Fundstrat’s Tom Lee outlines a decade-long vision for BitMNR, emphasizing Ethereum’s dominance in asset tokenization and AI integration. He predicts Ethereum will be the primary blockchain for real-world asset tokenization and AI-related applications.

TREE NEWS update: Japan’s Financial Services Agency plans to relax stablecoin regulations to facilitate large-value payments. The move aims to promote wider use of stablecoins in the country’s financial system.

TREE NEWS update: Entropy, a private equity trading platform, has raised $14 million in funding and launched a liquidity market for Anthropic, enabling secondary trading of Anthropic shares. The move highlights growing interest in tokenizing private assets.

TREE NEWS reports: Coinbase has launched tokenized stocks for Nvidia, Apple, Meta, and Alphabet on its Base network, available to non-US users. Approximately $4.5 million was minted with $3 million in DEX liquidity on day one, using Chainlink price feeds.

TREE NEWS reports: Coinbase has launched tokenized stocks on its Ethereum Layer 2 network, Base, allowing users to trade and utilize shares of companies in DeFi applications. The tokens are backed by shares held by regulated custodian Alpaca, bridging traditional finance with decentralized finance.

TREE NEWS reports: Coinbase’s B20 equities bring stocks including Apple and Nvidia onchain, allowing eligible non-US users to trade them 24/7 and use them across DeFi. The launch leverages Chainlink price feeds for accurate pricing.

TREE NEWS update: Coinbase has natively launched tokenized stocks on its Base blockchain, built on the B20 standard, with regulated custodian Alpaca holding the underlying shares 1:1. Non-US users can now access US equities via a wallet without a brokerage account, trade in 24/7 AMM pools, and use tokens as collateral in DeFi protocols like Aave.

TREE NEWS update: Coinbase has introduced tokenized stock trading on its Base network, allowing users to trade tokenized versions of US stocks. This move integrates traditional equities with blockchain technology, expanding access to tokenized real-world assets.