Category: crypto

ETHZilla Corporation plans to deploy $47 million in Ethereum to the liquid restaking protocol Puffer to enhance yields on its ETH holdings. This move, part of a larger strategy to generate cash flow from Ethereum, aims to boost the platform’s validator ecosystem and institutional participation in Ethereum’s restaking ecosystem.

Ethena has reached a total value locked of nearly $15 billion and secured a $20 million investment from M2 Capital. The investment will integrate Ethena’s synthetic dollar products into M2 Global Wealth’s offerings, showcasing Ethena’s unique proposition in the market. M2’s investment aligns with its strategy of backing foundational projects in the digital asset space.

Nine major European banks plan to launch a euro stablecoin in 2026. The banks, including ING and UniCredit, have formed a new company in the Netherlands to create the stablecoin. They aim to comply with regulations and offer a trusted digital payment instrument built on blockchain technology to counter U.S. dominance.

Cloudflare has introduced NET Dollar, a stablecoin designed for autonomous AI agents to enable microtransactions at internet scale. The company aims to modernize financial infrastructure for the emerging machine-to-machine economy, emphasizing the need for fast and cost-effective payment systems. This move aligns with the industry’s shift towards a pay-per-use internet model.

SharpLink Gaming, Inc. plans to tokenize its Nasdaq-listed SBET shares on Ethereum with Superstate as its Digital Transfer Agent. The partnership will explore AMM-based trading of tokenized equity. This move aligns with SEC’s Project Crypto, aiming to improve market efficiency and liquidity for tokenized securities on DeFi protocols.

Centrifuge, Janus Henderson, and S&P DJI launched the first licensed S&P 500 index fund called SPXA. This fund will track the S&P 500 index and be available for DAOs and on-chain funds. Tokenization of assets is becoming more common on Wall Street, with SPXA providing exposure to the S&P 500 in on-chain finance and DeFi…

The stablecoin sector is seeing increased competition as major players like PayPal, Plasma, and Hydration protocol introduce new initiatives to tap into the $280 billion market. Plasma targets consumers with a neobank, while Hydration focuses on the DeFi community with an overcollateralized stablecoin. PayPal is expanding its payments footprint. Regulatory frameworks are being developed to…

The UK and US have established a joint regulatory task force called the Transatlantic Taskforce for Markets of the Future to provide recommendations on digital asset cooperation within 180 days. The initiative aims to enhance capital market links, reduce compliance burdens, and address fragmented regulatory approaches in the digital asset sector.

Ripple’s roadmap for the XRP Ledger includes protocol-level lending, zero-knowledge privacy features, and expanded tokenization standards. The roadmap introduces a native lending protocol, confidential Multi-Purpose Tokens, compliance tools, and features to expand institutional adoption capabilities. The goal is to position XRPL to service institutional stablecoin payments, collateralized lending, and tokenized asset trading at the protocol…

Sygnia Ltd, a $20 billion asset manager in South Africa, is advising clients not to concentrate their portfolios in Bitcoin despite strong demand for its crypto fund. The firm recommends not committing more than 5% of assets to the Sygnia Life Bitcoin Plus fund due to extreme volatility and potential financial losses.