Japan’s three largest banks aim for joint stablecoin issue by March
MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.
Finance
Securitize CEO says tokenized stocks could unlock a $5 trillion crypto market
At a panel at ETHConf, Carlos Domingo argued that bringing stocks and exchange-traded funds onchain could unlock a market far larger than today’s roughly $30 billion tokenized asset sector.
Trad.Fi, W3 target $650 million in onchain private credit using AI evaluation
Equipment-financing lender Trad.Fi is working with W3 to automate capital workflows and bring real-economy business lending onto public blockchain rails.
Ethena lands Janus Henderson backing as asset manager invests in ENA, eyes USDe distribution
The deal underscores the trend of traditional asset managers backing DeFi infrastructure, following BlackRock’s Uniswap and Apollo’s Morpho investments.
A16z, Paradigm lead $175 million bet to move global credit markets onchain
Morpho secured $175 million from Paradigm, a16z crypto and Ribbit as the lending protocol seeks to become foundational infrastructure for onchain credit markets.
Live markets: Bitcoin above $63,000 as some traders peg SpaceX’s IPO as ‘next catalyst’
Stocks recovered through SpaceX’s oversubscribed IPO, an Nvidia and SK Hynix chip pact, and Apple’s AI reboot, while crypto trailed.
Influential research firm that caused AI stock meltdown lays out Hyperliquid as ‘compelling’ idea
Unlike most crypto, Hyperliquid actually generates cash flow and has a token buyback mechanism, says Citrini Research
Live updates: Bitcoin tops $63,000 as Strategy adds $100 million BTC in latest purchase
Meanwhile, Strive bought 32 bitcoin, the same number Strategy dumped last week.
Peter Schiff says Strategy’s latest Bitcoin buy is ‘damage control’
Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Asset Management, called Strategy Inc.‘s (NASDAQ: MSTR) latest purchase of … Continue reading
The post Peter Schiff says Strategy’s latest Bitcoin buy is ‘damage control’ appeared first on Finbold.
Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows
The firm’s executive chairman posted a familiar chart with Strategy’s previous BTC purchases writing “a good time to add more dots.”