Flash News

TREE NEWS update: Ava Labs, the developer behind Avalanche, has named Charley Cooper as its new president, while John Wu transitions to a senior advisor role. This leadership change comes as the company continues to focus on blockchain and RWA tokenization initiatives.

TREE NEWS update: Neuberger Berman, managing $613B in assets, is partnering with Securitize to launch a tokenized high-yield fixed-income fund across Ethereum, Solana, Avalanche, and Sui. This marks a significant step in bringing traditional asset management to blockchain via RWA tokenization.

TREE NEWS update: Citi plans to offer Bitcoin custody services to institutional clients, integrating digital assets with traditional custody frameworks. This move signals deeper Wall Street involvement in crypto.

TREE NEWS update: a16z crypto’s payment card reached approximately $759 million in monthly spending in July, indicating significant growth in crypto card adoption. This milestone highlights the increasing integration of crypto payments into traditional financial systems.

TREE NEWS update: Securitize has introduced the first tokenized fund, HINC, for asset manager Neuberger Berman, marking a significant step in real-world asset tokenization. The fund leverages blockchain to offer on-chain access to private credit, bridging traditional finance with DeFi.

TREE NEWS reports: Toyota Finance has launched a 1 billion yen tokenized bond available to retail investors through its mobile payment app, eliminating the need for a securities account. Investors can also receive perks via the app, marking a significant step in RWA tokenization by a major automotive firm.

TREE NEWS reports: Bitwise CIO Matt Hougan argues that holding zero crypto is an active bearish position, given the neutral weight is about 2% of global stocks. He notes Wall Street is all-in despite crypto’s 50% decline, citing BlackRock’s tokenized funds and Morgan Stanley’s Solana ETF approval. Hougan recommends a 5% allocation as a ‘free lunch’ and sees BTC’s resilience to bad news as a bullish sign.

TREE NEWS reports: Visa is searching for a new stablecoin settlement partner to replace BVNK, which has been acquired by Mastercard. The move underscores Visa’s continued push into stablecoin-based payment infrastructure.

TREE NEWS reports: Citigroup has introduced Custody+, a new custody solution suite, with plans to launch Bitcoin custody services within the year. This move signals traditional finance’s increasing embrace of digital assets.

TREE NEWS update: Kraken now offers eligible EEA users the ability to trade conventional US shares alongside more than 700 tokenized xStocks through its European entity, expanding its product suite. This move integrates traditional stock trading with crypto-native platforms, further bridging TradFi and DeFi.

TREE NEWS reports: World Liberty Financial, backed by Trump, is collaborating with a Hong Kong venture called WorldClaw that sells AI models from Chinese firms flagged by the administration. Nearly half of the models come from restricted companies, and the venture accepts the Trump family’s stablecoin as payment.

TREE NEWS reports: Robinhood Chain, launched on July 1, generated about $3.6M in its first month, surprising skeptics by leveraging Robinhood’s massive user base to bring traditional finance on-chain. The ecosystem includes memes like CashCat, RWA-focused STONKBROKER, and infrastructure like Lighter and Morpho, with US stocks like SPY and NVDA becoming liquidity pool assets. This marks a significant step towards tokenizing real-world assets and attracting mainstream users.

TREE NEWS update: Bitget has introduced fixed coupon notes (FCN) linked to US stocks, offering investors up to 71% APR. This product allows users to earn high yields while gaining exposure to equities, marking a new convergence of TradFi and crypto.

TREE NEWS update: Dr. Giovanni Cunti, CEO of Gate Europe, highlighted the role of digital identity as a trust bridge in finance, supporting the expansion of multi-asset services. He emphasized its importance in enhancing security and compliance, aligning with the broader trend of integrating traditional and digital assets.

TREE NEWS update: RootData’s tokenized asset data reveals that Bitget, Gate, and Binance rank highest in TradFi depth, indicating strong integration with traditional finance. This suggests these exchanges are leading in bridging crypto with real-world assets.

TREE NEWS update: Jeonbuk Bank has become the first local bank in South Korea to deploy Ripple Payments, replacing SWIFT for cross-border transfers. This marks a significant milestone for Ripple’s network in the Korean banking sector.

TREE NEWS update: Circle’s euro-backed stablecoin EURC has surpassed 400 million euros in circulation, solidifying its role as a key component of Europe’s on-chain payment infrastructure. This milestone underscores the growing adoption of euro-denominated digital assets in the region.

TREE NEWS update: Crypto exchange WEEX has opened a new bStocks trading zone with zero fees, allowing users to trade tokenized stocks. To celebrate, the platform is distributing 100,000 USDT in bonuses to participants.

TREE NEWS update: Fundstrat warns of possible 30% Bitcoin volatility in 60 days; a dormant Solana whale buys 47,535 SOL; Uniswap founder says tokenization will reshape market liquidity, potentially replacing traditional market makers. Riot Platforms sold 9,665 BTC in H1 for $732M.

TREE NEWS update: Ondo Stocks announced the completion of a QQQon trade valued at over $2.3 million. This transaction highlights the growing adoption of tokenized real-world assets, bridging traditional finance with blockchain technology.