BlackRock eyes BUIDL for derivatives collateral in crypto exchanges
BlackRock and Securitize are reportedly in talks to integrate BUIDL as collateral for derivatives trading on Binance, OKX, and Debirit. Go to Source
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Euroclear makes first Asia investment with Marketnode stake
The major European securities settlement firm has found an Asian platform for its FundPlace offering. Go to Source
Kraken crypto exchange launches own Wrapped Bitcoin token
According to Kraken, kBTC reinforces Bitcoin’s position as the “epicenter of crypto” and empowers developers to explore new ways to use BTC. Go to Source
RWA tokenization sector could see 50x growth by 2030: Report
Financial markets could drive a significant part of the sector’s growth above $10 trillion, potentially reshaping investing and asset ownership by 2030. Go to Source
Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2
The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number. Go to Source
Brazilian CBDC Drex Envisioned to Replace Current Transaction System
Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take some time, as the cost of this migration would be significant. Drex Coordinator Envisions Total Substitution Of Traditional … Read more
Archax, Assetera partner to offer 91 tokenized funds in UK market
Assetera and Archax are collaborating to provide UK and global investors with regulated access to tokenized funds, including real-world and digital assets. Go to Source
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first round of assessments already finished. SFC … Read more
Brazil tests DeFi elements, compatibility in Drex CBDC pilot
Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability. Go to Source
CFTC reportedly mulling accepting digital assets as trading collateral
The proposal faces multiple steps before approval, but its passage could ultimately be a boon for the digital assets market. Go to Source
