Digital Assets archive
Every Digital Assets story, newest first. 476 stories
3 stories
- Tokenization
Taurus co-founder says banks need three internal layers to use Swift's ledger
Lamine Brahimi says a permissioned ledger, wallet tools and smart-contract software must sit on the bank's side of any connection to Swift's tokenized-deposit network.
- The Wrap
UK hands six banks pricing and placement in digital gilt pilot on HSBC Orion
DIGIT, a short-dated bond outside the main debt programme, tests whether primary dealers keep their role onchain.
- Tokenization
Cardano Foundation ships CIP-0113, letting token issuers freeze and seize holdings
The standard puts allow-list, freeze and seizure rules inside a shared smart contract and, the foundation says, required no hard fork.
14 stories
- Tokenization
RedStone report puts tokenized equity supply up 395% while onchain collateral sits at $81 million
Leveraged equity exposure onchain sits almost entirely in perpetual futures rather than tokenized shares, The Defiant notes.
- Custody & Infrastructure
Anchorage Digital buys payments firm Routable, plans stablecoin and tokenized deposit offerings
Routable will operate under a new brand, and The Defiant reports the stablecoin and tokenized deposit offerings will roll out over the coming quarters
- Adoption
Founders Fund leads $5M Anvil token purchase as collateral protocol launches SDK
Pantera, Bullish, Theta Blockchain Ventures and Protoscale Capital joined the purchase; Anvil says the tokens came from its treasury and terms were not disclosed.
- Tokenization
OKX takes investment from Circle, Ripple, Qube and SC Ventures in tokenized-equity push
The exchange did not disclose the amount; the deal carries the same $25 billion pre-money valuation as ICE's March investment.
- Custody & Infrastructure
Agora's OCC approval sets up AUSD reserve move to a planned US trust bank
The planned bank would take over issuance and reserves from Agora's Bermuda entity after meeting capital, liquidity and compliance conditions, The Defiant reports.
- The Wrap
Circle and SC Ventures join OKX financing at a $25 billion valuation
Ripple and hedge fund QRT also joined the round, an extension of the March financing that NYSE owner ICE backed; the amount raised was not disclosed.
- Tokenization
UK names six banks to underwrite digital gilt pilot on HSBC Orion
The six banks will price and place DIGIT, a short-dated bond that will sit outside the UK's main debt management programme.
- Regulation
Rain seeks a US trust bank charter for stablecoin issuance and custody
The proposed subsidiary would manage stablecoin reserves and hold client assets without taking deposits or making commercial loans.
- Tokenization
Arbitrum joins Global Dollar Network as USDG launches on its chain
The ArbitrumDAO proposal would add 100 million ARB to an incentive program and put treasury assets behind USDG liquidity.
- The Wrap
Solana Foundation publishes open-source settlement standard tested in a Galaxy commercial paper deal
The code settles cash and assets in one on-chain transaction, and whether institutions beyond the single JPMorgan-arranged Galaxy trade accept it is the open question.
- The Wrap
Circle adds Aave to bitcoin-backed borrowing on its Mint platform
The second lending venue extends Mint's Morpho-based option, with borrowers still subject to third-party protocol liquidation rules.
- Tokenization
Ondo unveils private-market notes ahead of its first AI offering
The notes give exposure without shareholder rights, and The Defiant warns their secondary prices can diverge sharply from the payout tied to a liquidity event.
- Regulation
FinCEN withdraws unhosted-wallet reporting rule and mixer proposal
Neither proposal had taken effect; FinCEN framed the withdrawals as part of the administration's deregulatory agenda.
- Tokenization
Solana Foundation unveils open-source DvP settlement program with JPMorgan input
The standard settles cash and assets in one on-chain transaction; the open question is whether a single JPMorgan-arranged Galaxy commercial paper deal becomes a template other institutions accept.
15 stories
- Regulation
CFTC seeks comment on retail crypto margin rules and a new exchange registration category
Chairman Michael Selig frames the notice as a federal option rather than a mandate; one concrete provision is a 28-day delivery-to-self-custody exception to on-exchange trading.
- Custody & Infrastructure
Anchorage Digital reportedly cuts 17% of staff after $100 million Tether investment
The Defiant attributes the figure to The Information; the report gives no headcount, date, or detail of which functions lost people.
- The Wrap
Cerebras objects to OKXICE plan to tokenize 63 U.S. stocks
The SEC exemption runs five years and gives issuers 30 days to object, putting Cerebras's refusal in the path of OKXICE's planned 24/7 stock venue.
- The Wrap
Plume opens a tokenized vault holding Fidelity's actively managed bond ETF
The nBND vault adds credit and duration to a tokenized fixed-income shelf built on short-dated Treasury products.
- Tokenization
Plume opens tokenized nBND vault holding Fidelity's Total Bond ETF
The vault holds Fidelity's actively managed Total Bond ETF, adding credit and duration to tokenized fixed income instead of short-dated Treasuries.
- Adoption
S&P Global publishes DeFi lending vault grading scale with no vaults assessed
The Vault Risk Assessment runs from AAA(v) to D(v), and the curator running a vault can cap its grade, The Defiant reported.
- Tokenization
OKXICE files with SEC to trade 63 tokenized stocks via Uniswap v4 pools
The OKX-ICE venture would route stock trading through permissioned pools on X Layer; Cerebras has filed an objection to being included.
- Adoption
Stripe plans stablecoin cards in more than 100 countries by year-end
The payments company tells CoinDesk it is also exploring tokenized deposits and DeFi, with Kraken, Ramp and Morse among current card customers.
- Adoption
Evernorth expects its Armada SPAC merger to close Wednesday with $48 million in trust
Armada Acquisition Corp. II closed Friday at $39.42, nearly four times the $10.49 redemption value of the cash left in the shell.
- The Wrap
Payward and Singapore Gulf Bank open 24/7 U.S. dollar settlement for institutional crypto clients
The service starts with U.S. dollar transactions for select clients in eligible Asian and Gulf jurisdictions.
- Crypto ETFs & funds
SEC approves Cboe BZX rule change for six Volatility Shares 3x ETFs
The two crypto ETFs would hold regulated bitcoin and ether futures; all six still need the SEC to declare the registration statement effective before trading.
- The Wrap
CSD BR keeps official fund register and adds XRP Ledger copy
CSD BR keeps registration, deposit and settlement for BTG Pactual's funds, with the XRP Ledger copy described as a second record rather than the legal one.
- Adoption
Metaplanet sold 10,000 bitcoin and bought 11,000, ending the third quarter at 44,000
The Japanese treasury company held the sale proceeds in cash to show it could cover interest-bearing debt before repurchasing at higher prices, CoinDesk reported.
- Custody & Infrastructure
Payward and Singapore Gulf Bank launch 24/7 dollar settlement for institutional crypto
The service starts with U.S. dollar transactions for select clients in eligible Asian and Gulf jurisdictions.
- Tokenization
OKXICE venture tells SEC it plans 24/7 tokenized U.S. stock venue
The venue would open with more than 60 U.S.-listed companies, under an SEC exemption that gives issuers 30 days to object and runs five years.
2 stories
- Regulation
Nov. 3 midterms will decide SEC oversight and crypto's tax bills
CoinDesk's State of Crypto reads the House as likely to flip and the Senate as a tossup, with two tax bills and agency rulemaking the near-term tracks.
- Regulation
Senate rejects Clarity Act 49-50; KBW says crypto M&A trajectory holds
The market-structure bill was short of the 60 needed to advance on Sept. 15, leaving SEC exemptions and a custody proposal as the rulebook dealmakers are underwriting.
4 stories
- Custody & Infrastructure
BNY in talks with Kraken parent Payward over custody and trading infrastructure
Two people familiar with the discussions say an agreement is not assured and that elements could resemble the infrastructure component of Payward's deal with Nasdaq.
- Regulation
Circle urges EU to replace stablecoin bank-deposit mandates
The Defiant reports the USDC issuer also wants cross-border co-issuance kept in place and a path for foreign-issued stablecoins to be recognized.
- The Wrap
SEC custody proposal would make state trust companies qualified custodians
Adviser self-custody would require proving expertise and the absence of any willing qualified custodian, while state-chartered trusts would become eligible to hold client digital assets.
- Adoption
Tether-backed Utexo plans to issue USDT on Bitcoin this month
The startup, which raised $7.5 million this year, plans private transfers, direct bitcoin swaps and bitcoin-backed loans, with most transaction data kept off the public ledger.
2 stories
- Regulation
SEC proposes crypto custody rule for advisers, funds and state trust companies
Adviser self-custody would require demonstrated expertise and no qualified custodian willing to take the mandate; state-chartered trusts could serve as custodians.
- Regulation
SEC Commissioner Hester Peirce departs, leaving Crypto Task Force without a named successor
A joint SEC statement credits her with pressing for digital-asset rules before the agency made clarity a priority and does not name who leads the task force next.