Category: crypto

Seismic has raised $10 million in funding led by a16z, bringing total funding to $17 million. The blockchain startup aims to address privacy barriers for fintechs using public blockchains. It plans to generate revenue through per-transaction fees and expand into fiat ramps and card programs. The industry is shifting towards blockchain privacy as a prerequisite…

The value of tokenized gold has surged to an all-time high of $3.6 billion, driven by macroeconomic risks and adoption. Tether’s XAUT and PAX Gold dominate the market. Rising macro uncertainty, including global trade disruptions and inflation fears, is increasing demand for tokenized gold as a safe haven investment.

Calastone, a leading funds distribution network with over £250 billion in monthly transactions, is integrating its token distribution solution with Polygon. This move will benefit over 4,500 financial institutions in 58 markets, providing faster settlements, lower costs, and programmable efficiency. Polygon’s infrastructure offers high speed and instant finality, appealing to institutional investors.

Polymarket has become Yahoo Finance’s exclusive prediction market partner, with real-time prediction bets featured on the platform. Prediction markets like Polymarket and Kalshi are gaining popularity, with increasing trading volumes and accurate predictions on real-world events. Trump Media & Technology Group has also entered the prediction market sector with Truth Predict, drawing criticism.

Sui has launched USDsui, a native stablecoin built on Bridge’s platform for its onchain economy. USDsui is interoperable across wallets, DeFi, gaming, and payments within the Sui ecosystem. The stablecoin leverages Bridge’s infrastructure for liquidity and sustainability, providing developers and users with a trusted digital dollar.

Solowin and 4Paradigm have partnered to develop AI-driven tools for blockchain compliance. The joint venture aims to use AI algorithms to identify and track compliance risks in real-time, focusing on key areas such as Know Your Customer and Anti-Money Laundering. This collaboration sets a new standard for regulatory compliance in the blockchain space.

Coinbase is moving its legal home from Delaware to Texas due to frustrations with Delaware’s Chancery Court unpredictability. The decision comes after strong Q3 financial performance and places Coinbase among other companies in the “Dexit” movement. The move was approved by shareholders and aims to seek more legal certainty in Texas.

SEC chair Paul Atkins is considering a new framework for classifying digital assets based on a Howey investment contract securities analysis. The goal is to differentiate between cryptocurrencies that fall under securities law and those that do not. Atkins outlined four categories: digital commodities, digital collectibles, digital tools, and tokenized securities.

Hedera’s Asset Tokenization Studio now supports the ERC-3643 token standard, in addition to the U.S.-centric ERC-1400 standard. This allows institutions to launch compliant digital assets globally. The dual token standard offers flexibility and control for issuers, reflecting the trend towards customizable and standards-based tokenization.

Dromos Labs introduces Aero, a unified exchange merging Aerodrome and Velodrome. The platform aims to consolidate liquidity, improve scalability, and expand across Ethereum and Arc blockchains. Aero will distribute a new token to existing holders, with enhancements like MetaDEX 03 to boost efficiency and lower costs, attracting institutional users and developers.