Flash News

TREE NEWS update: Kraken’s parent company, Payward, is exploring becoming a full-service bank outside the United States, according to a report. This move could expand its crypto and traditional financial services internationally. The initiative underscores the growing convergence of crypto and traditional finance.

TREE NEWS reports: X is reportedly in early talks to pay creators in stablecoins, potentially integrating crypto into its rewards program. The platform recently revamped payouts based on impressions with biweekly transfers and a $30 minimum, but no confirmation has been made.

TREE NEWS reports: Franklin Templeton is preparing to introduce tokenized assets into traditional investment funds. After SEC approval, its digital-native products would be used in ETFs and mutual funds as holdings or collateral.

TREE NEWS reports: Franklin Templeton has completed a $1.5 billion CFO (credit facility) financing to bolster its private market asset allocation. The move signals growing institutional interest in alternative assets, potentially including tokenized RWAs.

TREE NEWS update: Artemis Analytics argues Circle is undervalued as a full-stack money platform, not just a stablecoin issuer. Despite the threat from the Open Standard consortium, Circle’s moat from liquidity and network effects is underestimated. The report projects that with stablecoin supply reaching $1 trillion by 2030, Circle’s revenue could hit $5 billion, justifying a $50 billion market cap.

TREE NEWS reports: HYPE jumped 26.86% to $73.9, nearing its all-time high, after President Trump mentioned that the CFTC chairman is working to bring Hyperliquid into the US in a fully compliant manner. Hyperliquid’s policy center and trade.xyz have also proposed IPOP perpetual contracts to the SEC, aiming to establish on-chain pre-IPO pricing. The market sees Hyperliquid as a leading candidate for compliant on-chain trading, with potential pathways including partnerships with licensed entities.

TREE NEWS reports: RootData’s tokenized asset data shows that Binance, Hyperliquid, and Bitget lead in open interest for TradFi asset contracts. This highlights the growing convergence of traditional finance and crypto derivatives.

TREE NEWS reports: Huobi HTX asset research analyst YT will discuss new trading opportunities as the industry shifts from crypto to traditional finance. The event highlights the growing convergence of digital assets with TradFi, offering insights into emerging market dynamics.

TREE NEWS reports: Centralized exchanges are aggressively expanding into stock trading, with products ranging from real stock brokerage to tokenized stocks and perpetual futures. Monthly volume of stock perps on top platforms surged nearly 40x from July 2025 to May 2026, reaching $34 billion, signaling a major TradFi-RWA convergence.

TREE NEWS reports: Ondo Perps has seen its open interest exceed $100 million, positioning RWA perpetual contracts among the top three in the market. This milestone highlights the growing adoption and liquidity in real-world asset derivatives.

TREE NEWS reports: Bitget has expanded its tokenized stock offerings by adding 23 new US equities, including Southwest Airlines and Omnicom Group, as spot rTokens. This move enhances the platform’s real-world asset (RWA) product suite, allowing users to trade traditional stocks via blockchain-based tokens.

TREE NEWS update: BitGo’s Korean entity has completed VASP registration, becoming the first overseas crypto company to directly obtain a license in South Korea. This marks a significant regulatory milestone for the company’s expansion in Asia.

TREE NEWS update: Hyperliquid’s HYPE token may see a rebound as AQAv2 yield-sharing begins August 26, potentially generating $200M annually for buybacks, and HIP-4 permissionless deployment nears mainnet. Traditional finance exposure via PURR adds structural support, with technicals showing a potential breakout.

TREE NEWS update: Coinbase has selected Abu Dhabi as its international tokenization center, aiming to capitalize on the region’s favorable regulatory environment. The move underscores the growing convergence of traditional finance and digital assets in the Middle East.

TREE NEWS update: Maple Finance CEO and co-founder Sid Powell discusses the protocol’s ascent to becoming the second-largest crypto lender after Tether on the Converge Podcast. He explains the strategies and innovations that propelled Maple’s growth in the DeFi lending space.

TREE NEWS reports: Maya Protocol, a cross-chain protocol, was exploited via six software flaws, resulting in the theft of $1.4 million in Bitcoin and other assets. The incident caused its CACAO token to plunge significantly.

TREE NEWS update: FalconX and Ethena have established a $1 billion institutional credit facility that will deploy assets backing USDe into overcollateralized loans, expanding Ethena’s yield sources beyond crypto basis trades. This move integrates real-world asset lending into the stablecoin ecosystem, potentially enhancing returns for USDe holders.

TREE NEWS update: Standard Chartered and HSBC completed the first live transaction using Swift’s blockchain ledger, connecting their separate tokenized deposit systems. This marks a significant step toward interoperable, 24/7 cross-border payments, potentially accelerating the adoption of tokenized assets in traditional finance.

TREE NEWS reports: Circle’s Arc mainnet is scheduled to go live on September 16. This marks a significant step for the company’s blockchain infrastructure. The launch is anticipated to enhance tokenization services.

TREE NEWS update: Injective’s affiliated entity has received SEC transfer agent registration, enabling it to maintain securities ownership records. This adds regulated market infrastructure to Injective’s push into tokenized assets.