Sky-backed Obex spreads $1 billion across credit, energy and AI assets to expand stablecoin yield
The stablecoin incubator is targeting tokenized assets tied to AI hardware, energy and housing to move Sky’s ecosystem beyond “circular” crypto yields.
DeFi
Pharmaceutical firm pivots to stablecoins, holds nearly 9% of SKY’s supply
Nanocap NovaBay Pharmaceuticals changed its name to Stablecoin Development Corporation.
How DeFi is quietly rebuilding the fixed-income stack for institutional capital
The real institutional prize isn’t about tokenized assets. It’s about programmable yield.
Grayscale wants to bring the world’s hottest crypto trading frenzy to your brokerage account
The Hyperliquid network has seen significant growth, with weekly derivatives trading volume exceeding $50 billion and 24-hour fee revenue of $1.6 million.
DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends
Gauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to incentive campaign endings, airdrops, and shifts in market conditions which regularly produce short-period swings in either direction.
The Multibillion-dollar shift turning prediction markets into a professional hedging tool
Traders are moving beyond sports bets and elections to price “unpriceable” geopolitical and policy risks that standard financial tools can’t handle.
Aave governance rift deepens as major governance group exits $26 billion DeFi protocol
The conflict centered on a proposal to fund product development and expansion, which ACI opposed due to concerns over self-voting and lack of transparency.
Bitcoin Liquid Staking Gains Momentum as Lombard Launches BARD Token and Foundation
Lombard is attempting to make the world’s original cryptocurrency into a more productive asset for DeFi functions
Hong Kong Family Office VMS to Allocate Up to $10M to First Crypto Play: Bloomberg
VMS is looking to diversify its investment strategy, which has largely been focused on private equity.
DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit
Cork Protocol has paused all markets as a precaution.