Crypto Brief
Nasdaq CEO Says Tokenization Could Unlock Tens of Billions
Nasdaq’s Adena Friedman says tokenized collateral could free tens of billions in capital, but 24/7 markets require continuous risk management.
The Briefs section compiles short, high-importance updates across cryptocurrency, blockchain, digital asset markets, regulation, venture activity, exchanges, and product launches. It is built for readers who want fast access to material developments without the length or structure of full reported features. This page serves as a running editorial feed for time-sensitive items that can affect sentiment, pricing, policy, or sector direction. It complements longer news and analysis by offering a condensed format for tracking the pace of change across the crypto industry.
Nasdaq’s Adena Friedman says tokenized collateral could free tens of billions in capital, but 24/7 markets require continuous risk management.
Samsung Wallet will roll out USDC transfers on Solana for eligible US Galaxy users in late October, alongside bank remittances to more than 60 countries.
Wells Fargo is discussing a potential crypto trading liquidity arrangement with Kraken parent Payward, CoinDesk reports. A final deal remains unconfirmed.
Coinbase’s Liz Martin says institutional crypto demand is growing as regulatory clarity improves, while Citi and community banks build digital asset services.
Jeff Yan says Hyperliquid is infrastructure other companies can build on, as Bloomberg brings selected perpetual prices into its Terminal.
Rain seeks an OCC charter for institutional custody and stablecoin services through a separate US trust bank. Approval remains pending.
Strategy bought 334 BTC for $28.7 million, lifting its holdings to 848,000 bitcoin with funding from MSTR share sales and existing cash.
Bloomberg Terminal now streams selected Hyperliquid perpetual prices around the clock, covering crypto, commodities, equities, currencies and indexes.
Absa says it is Africa’s first bank to offer institutional crypto custody, with a South African service powered by Ripple.
Lloyds settled $750,000 in USDC with Visa during a seven-day pilot, with funds arriving in under an hour, including over the weekend.
SVRN CEO Sal Ternullo proposes a gradual NEAR issuance cut, projecting lower staking yields and 66 million fewer tokens issued over six years.
Japan’s FSA is supporting a TradeWaltz pilot that would trigger stablecoin payments when banks approve purchases of export receivables, involving MUFG, Mizuho and SMBC.