Nasdaq is searching for regulatory approval to introduce tokenized variations of stocks and exchange-traded funds (ETFs) onto its present buying and selling platform. On Sept. 8, Tal Cohen, Nasdaq’s president, outlined the imaginative and prescient in a LinkedIn statement, explaining that the plan is designed to seize the effectivity beneficial properties of tokenization whereas preserving…
Ethena’s ENA token leaped over 12% on Saturday following information that StablecoinX Inc. secured a further $530 million capital raise. The transfer is a part of StablecoinX’s ongoing accumulation technique for ENA, considerably rising its token holdings within the Ethena ecosystem. StablecoinX expands ENA holdings StablecoinX has now raised a complete of $895 million in…
Variant Fund chief authorized officer Jake Chervinsky maintains that decentralized public blockchains remain the regulatory standard for product growth, despite current bulletins of corporate-controlled layer-1 (L1) networks. Chervinsky argued on X that many new L1s constructed by firms for product-specific causes are “pointless” and “unhelpful” from a regulatory perspective. He famous that no US regulator…
Shared security protocols are positioning themselves as options to infrastructure challenges which have sophisticated institutional blockchain adoption on account of unified security layers’ potential means to cut back improvement prices and technical boundaries for enterprises. According to Symbiotic CEO Misha Putiatin, the shared security mannequin permits organizations to leverage current blockchain security infrastructure somewhat than…
The Federal Reserve Board announced on Sept. 3 that it’s going to host a payments innovation conference on Oct. 21, the place it would focus on stablecoins, DeFi, and tokenization. The conference will characteristic panel discussions on the convergence of conventional and decentralized finance, rising stablecoin use instances and enterprise fashions, synthetic intelligence functions in…
Turtle has launched a new framework designed to measure and reward one of many scarcest property in digital finance, onchain liquidity. The firm introduced the launch of the Turtle Liquidity Leaderboard, which ranks members by verified deposits, consumer distribution, and engagement multipliers, making a standardized scoreboard for protocols and liquidity suppliers. The launch comes at…
World Liberty Financial now carries a market worth close to $5.6 billion. However, many people who watched WLFI’s debut are nonetheless uncertain what the undertaking truly does, what has shipped, and what, if something, is new. To date, deliverables embody USD1, governance voting, and a proposed Aave v3 cash market. Let’s weigh these parts towards…
Pump.fun unveiled Project Ascend on Sept. 2, introducing a tiered price construction designed to enhance creator earnings by 10 instances whereas making memecoins extra sustainable for long-term development. The initiative comes because the platform regained market dominance from competitor Bonkfun, in accordance to Blockworks data. The centerpiece of Project Ascend is Dynamic Fees V1, a…
Decentralized exchanges (DEX) processed a mixed $1.15 trillion in spot and perpetual contract volumes throughout August, marking the primary time month-to-month DEX exercise surpassed the $1 trillion threshold. According to DefiLlama data, spot DEX volumes reached $506.3 billion in August, falling simply $1.5 billion wanting the all-time high of $507.8 billion recorded in January. The…
The next is a visitor put up and opinion from Slavik Baranov, CEO at STON.fi Dev. From Gaming Phenomenon to Monetary Ambition In 2024, the TON blockchain grew to become probably the most talked-about ecosystems in crypto — not due to a groundbreaking DeFi protocol, however because of the meteoric rise of viral tap-to-earn video…