State Street Expands Custody to Tokenized Debt on JPMorgan’s Blockchain Platform
The inaugural transaction State Street anchored was a $100 million digital commercial paper issuance by OCBC.
Finance
Top 1% see fastest wealth growth of any group YoY, new data shows
The richest households have widened their lead over the past year, according to new research from Goldman Sachs Global Investment … Continue reading
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Trump Family Expands Crypto Bets as Thumzup Pivots Into Dogecoin Mining
The Trump family’s crypto footprint is widening, and now dogecoin is part of the mix.
Best Crypto Investment Ideas According to CEO of $1.6T Asset Manager Franklin Templeton
Jenny Johnson said she likes the “picks and shovels” of the industry.
Scaramucci’s Skybridge Capital to Tokenize $300M in Hedge Funds on Avalanche
The investment management firm is bringing two of its hedge funds on-chain in partnership with Apex Group’s Tokeny.
Bullish’s $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.
Here are the 6 industries already in a recession, according to expert
Roughly a third of United States industries are already in recession, according to Mark Zandi, chief economist at Moody’s Analytics. … Continue reading
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Ripple Extends $75M Credit Facility to Gemini as Exchange Pursues IPO
Gemini’s S-1 IPO filing revealed a lending deal with Ripple and a widening first-half loss as the company endeavors to become the third crypto exchange to go public in the U.S.
Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization
The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.
Circle Acquires Malachite to Power Its Upcoming Arc Blockchain
The USDC stablecoin issuer last week said it is building its own blockchain focused on stablecoin finances.