Backed and Chainlink launched xBridge, the first stock bridge for tokenized stocks. The bridge ensures corporate actions are maintained across chains. Backed, a leading provider of compliant tokenized equities and ETFs, has teamed up with Chainlink. Together, they have officially deployed xBridge. This new product is the first bridge that...
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US Regulator Clears Major Crypto Firms for National Trust Banks
The US Office of the Comptroller of the Currency (OCC) conditionally approved five charter applications. Major crypto firms can now become federally regulated national trust banks. The US Office of the Comptroller of the Currency (OCC) has conditionally approved five national bank charter applications. These are the companies that are...
Are Dogecoin and Solana Losing Their Edge? Whales Look at Digitap As the Sleeper Hit
Recently, both the price of Dogecoin and the Solana price have seen some dips. Although some traders still look at them as good altcoins to buy, big-time whales are looking elsewhere. They are now focusing on Digitap ($TAP): a safer crypto presale star now in its second round. It has...
JP Morgan Tokenizes $50 Million In Commercial Papers On The Solana Blockchain
J.P. Morgan arranges a $50 million tokenized corporate bond issuance for Galaxy on Solana as demand for on-chain financial instruments rises. JP Morgan has moved deeper into tokenised finance after issuing a $50 million on-chain commercial paper for Galaxy Digital. The bank set up the bond on the Solana...
Firedancer Goes Live as Solana Gains, Outshines Major Tokens
Solana launches the Firedancer validator, boosting network stability and sparking fresh SOL gains as investors rotate from BTC and ETH. Solana pushed forward this week after the Firedancer validator went live on its mainnet. Developers worked on this upgrade for almost three years, and it now sits alongside the...
The Final Result On Trump’s CFTC Chair Pick Could Come In Next Week
The US Senate has advanced the confirmation of nominees for the CFTC and FDIC, bringing both agencies closer to new leadership. The US Senate is nearing a final decision on two nominees who would take charge of major financial agencies related to crypto activity. Senators have now taken a...
DTC Cleared to Launch Asset Tokenization Service
The Depository Trust Company (DTC) secured a No-Action Letter from the SEC. This clears the firm to launch a tokenization service for DTC-custodied assets. The Depository Trust Company (DTC) has received a No-Action Letter (NAL). This was issued by the U.S. Securities and Exchange Commission (SEC). This is a significant...
Coinbase Set to Reveal Tokenized U.S. Equities
Coinbase is expected to announce the launch of tokenized U.S. equities at its December 17 event. This move positions the firm against traditional brokerages. Coinbase is expected to announce the launch of several new features next week. This includes proprietary tokenized US Equities. The announcement is expected at the firm’s...
Chainlink CCIP to Boost Coinbase Wrapped Assets Growth Across Blockchains
Coinbase partners with Chainlink CCIP to enable seamless cross-chain transfers for Wrapped Assets, expanding their utility and reach. Coinbase has chosen Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridge for its wrapped assets. This partnership aims to enhance cross-chain transfers, helping Coinbase Wrapped Assets reach new blockchain ecosystems. ...
Key Figure Kim Jae-duk Strengthens Collaboration with MOVA Chain, Signaling a New Phase of Ecosystem Development in Korea
— From “Seong-gong-ri” Smart Village to Blockchain Infrastructure, MOVA Enters a New Stage of Localization and Application Seoul — A notable development has emerged in Korea’s blockchain and digital economy sector. Kim Jae-duk, a well-established figure active in politics, social organizations, media, and international relations, has engaged with MOVA Chain...