By The Same Token: ECB ties stablecoin scale to CB money
The Situation The ECB just drew a harder line on what “scaling” stablecoins and tokenized deposits in Europe actually requires: tokenized central bank money...
By The Same Token: Flow Capital tokenizes $150M credit fund
The Situation Hong Kong credit manager Flow Capital Partners is moving its $150M private credit fund on-chain via Singapore-regulated tokenization platform...
By The Same Token: Northern Trust builds tokenized custody on Canton
The Situation Northern Trust signed an agreement with Digital Asset to build custody and asset-servicing workflows for tokenized financial assets on the...
By The Same Token: ClearBank wins MiCA approval, adds USDC
The Situation ClearBank Europe says it has received MiCA confirmation from the Dutch regulator (AFM) to operate as a Crypto Asset Service Provider,...
By The Same Token: Ondo seeks SEC nod for tokenized equities
The Situation Ondo Finance has submitted a request for SEC no-action relief to use public Ethereum rails for administering tokenized “security entitlements”...
By The Same Token: Trump-linked WLFI faces investor revolt
The Situation Trump-linked World Liberty Financial (WLFI) is facing an investor revolt after allegations that the project shipped (or planned) hidden control...
By The Same Token: Fed, Treasury summon CEOs over Mythos
The Situation The Fed and Treasury convened an urgent closed-door session with Wall Street CEOs this week to pressure-test the systemic risk implications of...
By The Same Token: Hong Kong grants first stablecoin licenses
The Situation Hong Kong has granted its first stablecoin issuer licences to HSBC and a Standard Chartered-led joint venture, marking the HKMA’s transition...
By The Same Token: Securitize hires ex-SEC Redfearn president
The Situation Securitize named former SEC Division of Trading and Markets director Brett Redfearn as president and board member as it ramps toward a public...
By The Same Token: Standard Chartered moves to buy Zodia
The Situation Standard Chartered is exploring a full takeover of Zodia Custody, its crypto custody affiliate, with a plan to fold Zodia’s custody business...
By The Same Token: FDIC proposes federal stablecoin issuance rules
The Situation The FDIC just put its first real marker down on how FDIC-supervised institutions could issue stablecoins under a federal regime, proposing...
By The Same Token: IMF flags tokenization risk spillovers
The Situation The IMF just escalated its language on tokenization from “efficiency upgrade” to potential spillover channel, warning that putting real-world...
By The Same Token: iBoxx Treasuries index tokenizes on Canton
The Situation S&P Dow Jones Indices and Kaiko have made the iBoxx US Treasuries Index available as a native digital asset on the Canton Network, positioning...
By The Same Token: Franklin Templeton launches crypto division
The Situation Franklin Templeton has launched Franklin Crypto, a dedicated digital-asset investment unit, alongside plans to acquire 250 Digital (a CoinFund...
By The Same Token: OpenEden tokenizes BNY high-yield bonds
The Situation OpenEden has launched HYBOND, a tokenized product that gives qualified investors 1:1 exposure to BNY Investments’ Global Short-Dated High-Yield...
By The Same Token: EDX seeks OCC trust bank charter
The Situation EDX Markets—backed by Citadel Securities, Fidelity, and Charles Schwab—has applied to the Office of the Comptroller of the Currency for a...
By The Same Token: 401(k) rule opens door to crypto
The Situation The US Department of Labor has proposed an ERISA rule that would materially reduce litigation risk for 401(k) plan sponsors that add private-...
By The Same Token: Mitsubishi adopts JPMorgan Kinexys payments
The Situation Mitsubishi Corporation has begun adopting JPMorgan’s Kinexys (payments) network to move funds across its global operations, adding another top-...
By The Same Token: BlackRock BUIDL adds Chronicle verification layer
The Situation BlackRock’s BUIDL—the largest on-chain Treasury fund wrapper—has added Chronicle as a new “verification layer,” using Chronicle’s Proof of...
By The Same Token: Franklin Templeton backs Ondo tokenized ETFs
The Situation Franklin Templeton has partnered with Ondo Finance to tokenize five Franklin Templeton ETFs for distribution via Ondo Global Markets, widening...