Grosscrypto News

MUFG PoC to bring Japanese government bond repo transactions onchain

MUFG PoC to bring Japanese government bond repo transactions onchain - Latest Cryptocurrency News

MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational efficiency.

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SEC allows Franklin Templeton funds to invest in onchain money fund

SEC allows Franklin Templeton funds to invest in onchain money fund - Latest Cryptocurrency News

The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.

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‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje

‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje - Latest Cryptocurrency News

Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance,” but have sacrificed some of their inherent immutability and decentralization.

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Binance bStocks pass xStocks as second-largest tokenized stock issuer

Binance bStocks pass xStocks as second-largest tokenized stock issuer - Latest Cryptocurrency News

Binance bStocks became the second-largest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks.

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Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode

Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode - Latest Cryptocurrency News

Bitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says.

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Securitize falls 16% after earnings miss, tokenization revenue drops

Securitize falls 16% after earnings miss, tokenization revenue drops - Latest Cryptocurrency News

Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million second-quarter revenue missed Wall Street estimates.

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BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B

BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B - Latest Cryptocurrency News

An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter.

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Copper US arm becomes FINRA member, SEC-registered broker-dealer

Copper US arm becomes FINRA member, SEC-registered broker-dealer - Latest Cryptocurrency News

Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence.

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Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO

Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO  - Latest Cryptocurrency News

Bitwise’s Matt Hougan said he expects revenue-capture mechanisms to spread across DeFi applications and layer-1 networks over the next 12 to 24 months.

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Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer

Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer - Latest Cryptocurrency News

Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees.

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