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Morgan Stanley, Oliver Wyman See Tokenized Assets Reaching $2.3 Trillion by 2030
Oliver Wyman and Morgan Stanley project tokenized real-world assets will reach about $2.3 trillion by 2030, with roughly $1.7 trillion tied to collateral mobility and asset utility. Their joint 2026 asset and wealth management report, *Breaking from the Pack: The Race for Above-Market Growth*,......
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Cross-Border Stablecoin Flows Jump 77.5% but Remain Concentrated
Cross-border stablecoin transfers grew 77.5% to $220.3 billion in the year ended June 30, 2026, according to Chainalysis's latest adoption report. But 96.1% of measured value moved through the busiest quarter of routes between countries. The report, published Sept. 23, shows how an expanding......
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Payy Halts Network After $1.92 Million USDC Drain
Payy, a privacy-focused stablecoin payments network, halted transactions on Sept. 24 after an exploit of its Ethereum bridge. Onchain records show two withdrawal batches sent about 1.92 million USDC to the same attacker-linked address. The company confirmed the attack and said “all Payy Network......
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New York Sues Polymarket US Over Unlicensed Gambling
New York sued Polymarket's U.S. exchange on Sept. 24, asking a state court to close it as an unlicensed gambling business and take its profits. Attorney General Letitia James filed the verified petition in Supreme Court of the State of New York, New York County, naming QCX LLC, which does...
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Ondo Leads An Overnight Altcoin Bid As Bitcoin Holds Near $84,000
Crypto's overnight session went the other way from the bond market. Bitcoin held a $743 range through Asia and Europe and into the first 90 minutes of New York trading, a day after the strongest U.S. business survey in more than five years drove Treasury yields to their highest level of the...
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SEC’s Peirce Urges Zero-Knowledge Proofs to Reduce KYC Data Collection
SEC Commissioner Hester Peirce urged federal regulators to move away from data-heavy know-your-customer and anti-money-laundering requirements toward cryptographic checks that can verify compliance without exposing personal details. In a Sept. 23 speech at SIFMA’s Digital Assets Conference in...
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Bitget Moves Institutional Collateral To Sygnum's Off-Exchange Custody
Bitget's institutional clients can now hold trading collateral at Sygnum, the Swiss digital-asset bank, instead of on the exchange's balance sheet, the two companies said Thursday. The arrangement moves counterparty risk off the exchange. Collateral sits in segregated, bankruptcy-remote accounts......
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Only Four of Top 20 Crypto Treasury Firms Trade Above Holdings Value: DWF
Only four of the 20 largest digital asset treasury companies in DWF Ventures’ sample trade above the value of their crypto holdings, according to its Sept. 24 report. The finding points to a constraint on their growth model: selling shares to buy more tokens becomes harder to justify when the...
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Ondo Launches Tokenized Portfolios Built on BlackRock Strategies
Ondo Finance launched three tokenized portfolios based on strategies developed by BlackRock on Sept. 24, giving eligible non-U.S. investors exposure to baskets of securities through a single token. The lineup comprises Ondo High Income (BLKHIon), Ondo Diversified Growth (BLKDIGon) and Ondo High......
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Arbitrum Replaces Timeboost With Per-Transaction Priority Auctions
Arbitrum has replaced Timeboost on its Arbitrum One network with Priority Gas Auctions (PGA), letting users bid for execution priority transaction by transaction. It has also launched Fast Feed, a paid service that delivers ordered transaction data before a full block is published. An onchain......
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Trump Administration Weighs Overseas Stablecoin Push: Report
The Trump administration is considering promoting dollar-denominated stablecoins overseas through joint ventures with private firms, seeking to reinforce the dollar’s global role and boost demand for U.S. Treasuries, Bloomberg reported Sept. 23, citing people familiar with the plans. The effort......
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Variational Sets Q4 VAR Launch With 32% Airdrop
Variational, the onchain derivatives protocol behind Omni, plans to launch its VAR token in the fourth quarter of 2026 and airdrop 32% of total supply to points holders, with the entire airdrop unlocked at launch, according to its Sept. 23 announcement. The project will continue distributing......
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Bitcoin Falls Through the $86,000 ETF Cost Basis as the Whole Market Turns Lower
Bitcoin fell through $85,000 on Wednesday and ended the U.S. session 1.9% below the level Bitfinex analysts had published that day as the average cost of every share bought through the U.S. spot exchange-traded funds. The two sessions of ETF creations that carried the market into Wednesday are...
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Zcash Clears $1,600 After 21Shares Launches European ETP
Zcash crossed $1,600 for the first time since 2016, extending a rally as 21Shares opened a new route for European brokerage customers to gain exposure to ZEC. The move followed a $1,383.30 intraday high recorded on Coinbase on Sept. 16. It returned ZEC to levels last seen during its 2016 launch......
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Cosmos Hub Restarts; 1.23 Million ATOM Moved From Neutron Attacker Wallet
The Cosmos Hub resumed producing blocks at 8:06 a.m. ET on Wednesday, and the restart moved 1.23 million ATOM out of the wallet of the attacker who took control of 11 Neutron contracts through a governance vote. Validators coordinated the halt and the restart among themselves. The transfer is......
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KB Securities, Securitize and Optimism Sign Exploratory Korea Tokenization MOU
KB Securities has signed a memorandum of understanding with Securitize and Optimism to explore tokenized securities for institutional investors in Korea, with OP Mainnet identified as the intended blockchain. The agreement remains exploratory, and Optimism’s official materials give different......
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MoonPay Agrees to Buy North Capital, Adding Securities Infrastructure
MoonPay has agreed to acquire North Capital Investment Technology, a private-markets infrastructure company whose affiliates operate securities brokerage, advisory, transfer-agent and alternative-trading-system businesses. The all-stock deal is worth more than $60 million, sources familiar with...
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Synthetic vs. Direct Tokenized Stocks: Who Wins After The SEC Exemption?
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Six Canadian Banks Outline First Phase of Tokenized Deposit Project
Six Canadian banks — Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank Group — are jointly exploring a shared Canadian-dollar tokenized-deposit system. Announcements published by Scotiabank and CIBC on Sept. 22 say the...
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Brazil Tops Redesigned Crypto Adoption Index as Latin America Defies Global Slump
Brazil ranked first in Chainalysis's redesigned 2026 grassroots crypto adoption index, while Latin America's measured crypto economy grew 9.8% to $593.8 billion in the 12 months ending June 30. The region moved against the global trend during a bear market. Worldwide activity slipped 1.6% to...
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Ondo Opens In-Kind Minting for Tokenized US Stocks
Ondo Finance has opened an in-kind creation and redemption route for Ondo Stocks, allowing approved institutions to exchange U.S. stocks and ETFs held at Alpaca for corresponding tokens on Ethereum or BNB Chain. The change, announced on Sept. 21, lets eligible institutions use existing share......
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Galaxy Adds $100 Million of sUSDS to Treasury, Approves It as Loan Collateral
Galaxy Digital has added $100 million of Sky Protocol’s sUSDS to its corporate treasury and approved it as collateral across its institutional trading business, Sky said. The collateral decision lets clients pledge sUSDS for a Galaxy loan while continuing to accrue the Sky Savings Rate on the...
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Blockchain.com and NYSE Explore 24/7 Tokenized Stock Trading
Blockchain.com and NYSE Group announced an agreement on Sept. 23 to explore giving Blockchain.com customers 24/7 access to tokenized U.S.-listed stocks and exchange-traded funds through NYSE’s planned digital venue. The agreement covers joint product development rather than the launch of a...
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Revolut Starts EURR Rollout With Bridge as Regulated Issuer
Revolut has begun rolling out EURR, its first euro-backed stablecoin, to selected customers in Denmark, Poland and Portugal, putting a branded onchain euro inside its app while Bridge Building S.A. serves as issuer and redemption counterparty. Bridge Building is the legal issuer; Revolut...
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SEC Crypto Custody Rewrite Enters White House Review
The Securities and Exchange Commission’s proposed rewrite of custody rules for investment advisers and investment companies entered White House review on Aug. 25, placing a new crypto-focused framework into regulatory review after the agency withdrew a separate 2023 safeguarding proposal. The...
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SEC Clears Tokenized Stocks To Trade Onchain As CFTC Widens Software Relief
The two U.S. market regulators issued crypto exemptions within hours of each other on Thursday, the first concrete use of the existing authorities both chairmen invoked after the Senate refused to take up the market structure bill. The Securities and Exchange Commission (SEC) granted temporary,......
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Brent Tops $106 And Hike Odds Reach 64% As Crypto Sells Off
Almost every large crypto token fell through the overnight sessions and into Thursday's U.S. open, as an oil shock drove long-dated Treasury yields to multi-year highs and traders raised the odds of a Federal Reserve rate increase next week to 64%. Traders put a quarter-point September increase...
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Bitcoin Cash Runs 27% on CME Futures Listing as Bitcoin Gives Up the Day
Bitcoin Cash was the day’s trade from the moment CME Group published its listing release, and the bid that took it there did not fade into the close. Bitcoin went the other way, slipping through New York hours after failing to reach Monday’s high at any point in the session. The rally that...
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a16z And DeFi Education Fund Ask SEC To Put DEXs Outside Exchange Registration
Andreessen Horowitz and the DeFi Education Fund asked the SEC to define when decentralized exchanges and the apps that provide access to them fall outside the exchange registration requirements of the Securities Exchange Act, in a joint letter to Commissioner Hester Peirce published by the...
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Vitalik Buterin Backs Trueo's Ethereum Move As TRUE Jumps 900%
Vitalik Buterin endorsed a prediction market by name on Monday, welcoming Trueo's plan to move its primary deployment from Base to Ethereum mainnet. Ethereum's base layer has no prediction market of scale. Polymarket settles on Polygon, and Kalshi is a CFTC-designated contract market with no......