Archives - 2025 - 6

The introduction of KlarnaUSD positions Klarna as the first bank to introduce a stablecoin on Tempo, a blockchain recently launched by Stripe and Paradigm.

Bitcoin fell under $95,000 amid a broad four-day decline triggered by heavy losses in AI and tech stocks, mounting macro pressures and thinning crypto-specific flows.

R25 has launched its on-chain RWA stablecoin platform on Polygon, debuting rcUSD+, a yield-bearing, dollar-pegged token backed by money market funds and structured notes.

Global funds network Calastone is rolling out tokenized fund share classes on Polygon’s Layer 2 infrastructure, enabling its network of 4,500 institutions across 58 markets to distribute fund shares on-chain.

Circle Internet Group posted $740 million in third-quarter revenue and reserve income – 66 % year-on-year growth – as USDC circulation surged and the company advanced its Arc blockchain initiative.

JPMorgan has deployed its blockchain-based deposit token, JPM Coin (JPMD), on Coinbase’s Base network – marking the bank’s first payment product on a public blockchain and a milestone in on-chain banking.

Coinbase has unveiled a new platform for digital token offerings, with Layer-1 blockchain Monad set to be the first project to sell its token through the exchange’s regulated framework.

Kazakhstan is creating a national crypto-asset fund worth up to $1 billion, using seized digital wallets and targeting investments in ETFs and blockchain-linked companies.

Ripple has joined forces with Mastercard, Gemini, and WebBank to enable RLUSD stablecoin settlement for credit card transactions, marking a milestone in blockchain-based payments.

Monad will launch its Layer 1 blockchain and native token on November 24, marking one of the year’s most anticipated crypto network debuts, alongside a large-scale community airdrop.

Ripple has raised $500 million in a new funding round, pushing its valuation to $40 billion as it expands beyond payments into digital asset custody, stablecoins, and prime brokerage.

BitMine Immersion Technologies reports total crypto and cash reserves of $13.7 billion, with Ethereum holdings now reaching 3.4 million tokens – representing 2.8% of the ETH supply.

Ripple has expanded into prime brokerage with the launch of Ripple Prime in the United States, allowing institutional clients to trade and manage a full range of digital asset products, including XRP and RLUSD.

A document shared via the account of Sam Bankman-Fried argues that FTX was never insolvent, claiming its assets could have reached $136 billion and its native token FTT $22 billion today.

FalconX is set to acquire Swiss-based 21Shares, marking one of the most significant mergers in the digital asset sector this year. The deal signals growing institutional interest in crypto infrastructure and investment products.