BlackRock Brings Tokenized Treasury Fund to Uniswap

BlackRock will list its $2.1 billion tokenized Treasury fund on Uniswap, marking its first formal step into decentralized finance infrastructure.

Julia Sakovich By Julia Sakovich Updated 1 min read
BlackRock Brings Tokenized Treasury Fund to Uniswap

BlackRock is bringing its USD Institutional Digital Liquidity Fund, or BUIDL, to Uniswap, marking the asset manager’s first formal integration with decentralized finance infrastructure. The move will allow eligible institutional investors and market makers to trade the tokenized US Treasury fund on a decentralized exchange. BUIDL currently holds more than $2.1 billion in assets, making it the largest tokenized money market fund.

The initiative is being facilitated by tokenization firm Securitize, which partnered with BlackRock on BUIDL’s launch. As part of the arrangement, BlackRock will also acquire an undisclosed amount of Uniswap’s UNI governance token. Trading access is expected to expand gradually beyond an initial group of approved participants.

The development reflects accelerating institutional interest in tokenized real-world assets as traditional asset managers seek blockchain-based settlement efficiencies. Wall Street firms, including Goldman Sachs and BNY, have explored similar structures, while policymakers debate stablecoin regulation that could reshape short-term liquidity markets. BlackRock’s entry into DeFi underscores the convergence of regulated financial products with onchain trading venues.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, Markets & Trading, News

Bernstein Sees Upside in Robinhood Despite Crypto Slowdown

Bernstein reiterated its bullish stance on Robinhood, calling recent crypto revenue weakness temporary as prediction markets and new initiatives gain traction.

Julia Sakovich By Julia Sakovich Updated 1 min read
Bernstein Sees Upside in Robinhood Despite Crypto Slowdown

Bernstein reaffirmed its positive outlook on Robinhood after the trading platform reported a year-over-year decline in fourth-quarter crypto revenue. Shares fell following earnings, reflecting a 38 percent drop in crypto transaction revenue to $221 million, even as total net revenue rose 27 percent to a record $1.28 billion. The firm maintained its $160 price target, citing temporary weakness in digital asset activity.

Analysts described the crypto slowdown as cyclical rather than structural, noting continued growth in funded accounts, subscription products and retirement assets. Prediction markets contributed roughly 14 percent of transaction-based revenue in the quarter, with volumes exceeding expectations. Robinhood’s expansion into banking and subscription services also added new recurring revenue streams.

Bernstein pointed to longer-term initiatives, including the planned launch of a prediction market joint venture and the development of Robinhood Chain, as part of a broader shift beyond retail-driven crypto trading. The firm said current valuation levels reflect downside scenarios, positioning the stock within a wider capital markets and financial infrastructure transition.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, Markets & Trading, News

Ripple Teams with Aviva Investors on Fund Tokenization

Ripple partners with Aviva Investors to tokenize traditional funds on XRP Ledger, advancing institutional adoption of blockchain-based asset infrastructure.

Julia Sakovich By Julia Sakovich Updated 1 min read
Ripple Teams with Aviva Investors on Fund Tokenization

Ripple has partnered with Aviva Investors to explore issuing and managing tokenized traditional fund structures on the XRP Ledger. The initiative marks Ripple’s first collaboration with a European asset manager and Aviva Investors’ initial move into tokenized funds. The project is expected to develop through 2026 and beyond.

Ripple said it will support the effort as part of its broader strategy to position the XRP Ledger as infrastructure for regulated financial assets. The public blockchain, maintained by independent validators, is designed for financial transactions and has processed billions of transactions since launch. The companies framed the move as a step toward scaling regulated assets on distributed ledger technology.

The partnership reflects growing institutional interest in tokenization as asset managers seek operational efficiencies and new distribution models. Ripple has recently expanded its institutional offerings, including integrations with decentralized finance platforms, while continuing to focus on private capital markets rather than pursuing a public listing.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, Markets & Trading, News

Kraken Reassigns CFO as IPO Preparations Continue

Crypto exchange Kraken has moved its chief financial officer into an advisory role as it advances plans for a long-anticipated US public listing.

Julia Sakovich By Julia Sakovich Updated 1 min read
Kraken Reassigns CFO as IPO Preparations Continue

Crypto exchange Kraken has reassigned its chief financial officer, Stephanie Lemmerman, shifting her into a strategic advisory role as the company prepares for a potential US initial public offering. The move comes roughly a year after Lemmerman joined Kraken from Dapper Labs in November 2024, according to people familiar with the matter.

Robert Moore, previously Kraken’s vice president of business expansion, has effectively assumed the CFO’s responsibilities and is now listed as deputy CFO on the leadership page of Payward Inc., Kraken’s parent company. Lemmerman is no longer listed among the company’s senior executives. The leadership change follows Kraken’s confidential filing with US regulators in November and a subsequent $800 million funding round valuing the exchange at $20 billion.

The shift reflects broader organizational changes as Kraken scales its executive team ahead of a public listing. The company has recently promoted Curtis Ting to chief operating officer and Kamo Asatryan to chief data officer, underscoring an effort to align financial operations more closely with product strategy.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, Markets & Trading, News

UK Central Bank Tests Onchain Settlement Infrastructure

The Bank of England has launched a six-month pilot to test how tokenized assets could settle in sterling using distributed-ledger technology.

Julia Sakovich By Julia Sakovich Updated 1 min read
UK Central Bank Tests Onchain Settlement Infrastructure

The Bank of England has launched a new industry pilot to test how tokenized assets could be settled using synchronized, atomic settlement in pounds sterling. The initiative, known as the Synchronisation Lab, will examine how the central bank’s next-generation real-time gross settlement system can interact with external distributed-ledger platforms.

The six-month program, set to begin in spring 2026, brings together 18 participants, including banks, market infrastructure providers, fintech firms, and Web3 companies. Participants will test delivery-versus-payment and payment-versus-payment settlement in a non-live environment, without real funds, to assess interoperability between central bank money and tokenized assets.

The central bank said the pilot will help validate design choices for a potential future onchain settlement capability and inform broader modernization of UK market infrastructure. The effort aligns with global central bank experimentation as policymakers assess how tokenization and programmable settlement could reshape core financial systems.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News, Regulation & Policy

Solana Treasuries Face $1.5B Paper Losses

Public companies holding Solana tokens are facing over $1.5 billion in unrealized losses as equity markets reprice SOL-heavy balance sheets.

Julia Sakovich By Julia Sakovich Updated 1 min read
Solana Treasuries Face $1.5B Paper Losses

Several publicly listed companies in the United States are reporting more than $1.5 billion in unrealized losses on Solana (SOL) treasury holdings, reflecting sharp declines from 2025 acquisition levels. The concentrated losses involve firms holding over 12 million SOL tokens, about 2% of the total supply. While the losses are paper-based, equity markets have repriced these companies’ valuations, leaving most trading below the current market value of their SOL assets.

Forward Industries, Sharps Technology, DeFi Development Corp, Upexi, and Solana Company account for the bulk of disclosed losses. Forward Industries alone, with 6.9 million SOL purchased near $230, faces over $1 billion in unrealized losses as SOL trades around $84. Despite the paper losses, none of these firms have sold significant SOL, indicating a pause in accumulation and ongoing exposure to token price volatility.

The market response underscores a broader “treasury winter” for companies heavily invested in digital assets. Falling stock prices and compressed net asset value multiples have constrained capital-raising abilities, signaling that equity investors are pricing in SOL exposure risk even as firms retain long-term positions.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Altcoins, DeFi & FinTech, Markets & Trading, News

UK Regulator Takes High Court Action Against HTX

The UK Financial Conduct Authority has brought High Court proceedings against crypto exchange HTX over alleged illegal promotions to British consumers.

Julia Sakovich By Julia Sakovich Updated 1 min read
UK Regulator Takes High Court Action Against HTX

The UK Financial Conduct Authority (FCA) has initiated High Court proceedings against cryptocurrency exchange HTX, alleging the firm illegally promoted crypto asset services to UK consumers. The case, filed in the Chancery Division, relates to suspected breaches of the Financial Promotions Regime introduced in October 2023.

According to the FCA, HTX, which is incorporated in Panama and formerly operated as Huobi Global, continued to advertise crypto services through its website and major social media platforms despite prior regulatory warnings. The watchdog said it has received court approval to serve proceedings outside the UK and by alternative means due to the exchange’s offshore structure.

The FCA said the action underscores its intent to enforce strict marketing standards for crypto firms operating in or targeting the UK. In addition to court proceedings, the regulator has requested that app stores and social media platforms restrict HTX’s access to UK users and has placed the firm on its public Warning List.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News, Regulation & Policy

South Korea Probes Bithumb After $43B Bitcoin Error

South Korea’s Financial Supervisory Service launched a formal investigation into Bithumb following a $43 billion Bitcoin “fat-finger” mishap during a promotional event.

Julia Sakovich By Julia Sakovich Updated 1 min read
South Korea Probes Bithumb After $43B Bitcoin Error

South Korea’s Financial Supervisory Service (FSS) has initiated a formal investigation into cryptocurrency exchange Bithumb following a $43 billion operational error in which users were temporarily credited with massive amounts of Bitcoin. The incident occurred during a promotional “Random Box” event, when an employee mistakenly entered payouts in Bitcoin units instead of Korean won, creating accounts with balances far exceeding the exchange’s actual holdings.

Bithumb detected the error within minutes and froze affected accounts, blocking trading and withdrawals. Industry estimates suggest the overshot Bitcoin credits amounted to roughly 13–14 times the firm’s total reserves, though most of the tokens were recovered. A portion, however, was sold or withdrawn before controls were applied, triggering potential legal consequences for users under Korean law regarding unjust enrichment.

The FSS is reviewing Bithumb’s internal controls, IT systems, and compliance with the Virtual Asset User Protection Act. Officials warned that depending on the findings, the exchange could face fines or suspension. The probe underscores ongoing regulatory concerns over operational risk and systemic controls in the fast-growing South Korean crypto market.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin, DeFi & FinTech, News

Crypto Scam Leader Sentenced to 20 Years in US Prison

A US federal court sentenced Daren Li to 20 years in prison for orchestrating a $73 million crypto pig butchering scheme targeting American investors.

Julia Sakovich By Julia Sakovich Updated 1 min read
Crypto Scam Leader Sentenced to 20 Years in US Prison

A US federal court has sentenced Daren Li, a dual national of China and St. Kitts and Nevis, to 20 years in prison for leading a global cryptocurrency fraud that stole more than $73 million from victims. The sentence, handed down in California, represents the statutory maximum and includes three years of supervised release, according to the US Department of Justice.

Prosecutors said Li coordinated a network that used spoofed websites mimicking legitimate trading platforms to carry out so-called pig butchering scams. Victims were approached through social media and dating applications, where trust was built over time before they were persuaded to transfer funds to accounts controlled by the group.

Authorities said Li and his co-conspirators laundered at least $73.6 million, including nearly $60 million routed through US shell companies. The case underscores heightened law enforcement scrutiny as crypto-related fraud resurges amid broader retail adoption.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News, Technology & Security

Ledger Integrates OKX DEX to Expand Self-Custodial Trading

Ledger is adding OKX DEX to its wallet, allowing users to execute onchain token swaps while maintaining full hardware-enforced self-custody

Julia Sakovich By Julia Sakovich Updated 1 min read
Ledger Integrates OKX DEX to Expand Self-Custodial Trading

Ledger is integrating OKX’s decentralized exchange into its wallet, enabling users to swap cryptocurrencies directly onchain while retaining full control of their private keys. All transactions will be signed using Ledger hardware devices, preserving the company’s self-custody and security model as decentralized trading activity grows.

The integration supports token swaps across major networks, including Ethereum, Arbitrum, Optimism, Base, Polygon, and BNB Chain. OKX DEX aggregates liquidity from hundreds of sources across multiple blockchains, allowing users to access competitive pricing and execution without transferring assets to centralized platforms.

The move reflects Ledger’s broader strategy to position its wallet as a secure access layer for decentralized finance. As regulators and institutions place greater emphasis on asset segregation and risk controls, hardware-enforced self-custody combined with onchain trading tools is increasingly viewed as a viable alternative to centralized exchange models.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News, Technology & Security

Bitcoin Miner Cango Sells $305M in BTC to Cut Leverage

Bitcoin miner Cango sold $305 million in BTC to repay debt and strengthen its balance sheet as it pivots toward AI and high-performance computing.

Julia Sakovich By Julia Sakovich Updated 1 min read
Bitcoin Miner Cango Sells $305M in BTC to Cut Leverage

Bitcoin miner Cango said it sold 4,451 Bitcoin on the open market, generating approximately $305 million in net proceeds. The company said the funds were used to partially repay a Bitcoin-collateralized loan and to strengthen its balance sheet amid challenging mining conditions.

The sale was approved by Cango’s board following a review of market conditions and forms part of a broader strategy to reduce leverage while funding a planned expansion into artificial intelligence and high-performance computing infrastructure. Management said the company intends to repurpose portions of its globally distributed, grid-connected infrastructure to provide compute capacity for AI workloads through a phased rollout.

Cango’s move reflects a wider trend among Bitcoin miners facing compressed margins following the 2024 halving. As network difficulty rises and mining economics tighten, miners are increasingly reallocating capital and power resources toward AI and data center services to diversify revenue and stabilize cash flows.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin, News, Technology & Security

BitMine Says ETH Holdings Reach 4.3 Million Tokens

BitMine Immersion Technologies reported total crypto and cash holdings of $10 billion, anchored by more than 4.3 million ETH and a large staking position.

Julia Sakovich By Julia Sakovich Updated 1 min read
BitMine Says ETH Holdings Reach 4.3 Million Tokens

BitMine Immersion Technologies said its Ethereum holdings have reached 4.326 million tokens, representing roughly 3.6% of the total ETH supply, alongside total crypto and cash holdings of approximately $10 billion. The company reported $595 million in cash, additional Bitcoin holdings, and minority investments categorized as higher-risk assets.

The firm said nearly 2.9 million ETH are currently staked, positioning BitMine as one of the largest Ethereum staking participants globally. Management stated that staking operations are generating more than $200 million in annualized rewards, with plans to expand through its Made in America Validator Network, expected to launch in early 2026.

The disclosure highlights the growing role of corporate crypto treasuries as firms seek yield through staking and long-term asset accumulation. BitMine’s strategy also underscores increasing institutional participation in Ethereum infrastructure, even as ETH prices remain volatile and regulatory frameworks around crypto holdings continue to evolve.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Ethereum, News

Coinbase Returns to Super Bowl with Nostalgia-Driven Campaign

Coinbase debuted a karaoke-style advertisement during Super Bowl LX, featuring the Backstreet Boys to signal crypto’s mainstream transition.

Julia Sakovich By Julia Sakovich Updated 2 mins read
Coinbase Returns to Super Bowl with Nostalgia-Driven Campaign

Coinbase returned to the Super Bowl on Sunday, debuting its first major television campaign since its viral 2022 QR code advertisement. The one-minute spot, titled “Everybody Coinbase,” featured a minimalist karaoke-style aesthetic with text-based animations synchronized to the Backstreet Boys’ 1997 hit, “Everybody (Backstreet’s Back).” According to Catherine Ferdon, Coinbase’s chief marketing officer, the creative direction was designed to foster a shared experience and highlight the growth of the digital asset community, moving away from high-conversion promotional tactics toward brand-oriented storytelling.

The campaign signals a strategic pivot for the exchange, which is currently positioning itself as a mainstream financial infrastructure provider. Unlike the 2022 ad that offered direct Bitcoin incentives, the 2026 spot prioritized accessibility and brand sentiment. Brian Armstrong, Coinbase CEO, defended the minimalist approach, arguing that simplified, unique content is more effective at cutting through the saturated media environment of the Super Bowl, an event dominated this year by competitive advertising from artificial intelligence firms.

Public reception was polarized, with reactions ranging from praise for the ad’s simplicity to vocal criticism in physical viewing venues. Industry analysts noted that the campaign included multi-platform activations at the Las Vegas Sphere and Times Square. While some viewers expressed skepticism following recent market volatility, Coinbase representatives maintained that the campaign’s success is validated by the high volume of social discourse and its ability to reinforce crypto’s presence in American consumer culture.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News

South Korea Expands Crypto Market Probes Following Bithumb Error

South Korea’s Financial Supervisory Service is launching targeted investigations into high-risk trading tactics and price manipulation.

Julia Sakovich By Julia Sakovich Updated 1 min read
South Korea Expands Crypto Market Probes Following Bithumb Error

South Korea’s Financial Supervisory Service (FSS) is expanding oversight into crypto market manipulation following operational errors at domestic exchanges. The regulator will target high-risk tactics, including coordinated “whale” activity and schemes exploiting infrastructure disruptions. This follows a Bithumb promotional error where excess Bitcoin was mistakenly credited to users, prompting immediate scrutiny of internal exchange controls.

The FSS is deploying AI-powered surveillance to identify abnormal price movements. Investigations will prioritize “gating” practices, where deposit or withdrawal suspensions create artificial supply constraints. Simultaneously, the Financial Services Commission has ordered a review of internal protocols across all domestic platforms to mitigate volatility risks occurring during scheduled exchange maintenance or technical outages.

A new task force is preparing for the Digital Asset Basic Act’s second phase, focusing on disclosure and licensing. By enhancing automated detection of suspicious accounts, regulators aim to institutionalize market integrity. This indicates a move toward stricter enforcement for South Korea’s digital asset sector as authorities prioritize market stability.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

Bitcoin, Markets & Trading, News, Regulation & Policy

TON Pay Targets Crypto Checkout Inside Telegram

The TON Foundation has launched TON Pay, a payments SDK designed to let Telegram Mini Apps accept Toncoin and stablecoins through a single crypto checkout flow.

Julia Sakovich By Julia Sakovich Updated 1 min read
TON Pay Targets Crypto Checkout Inside Telegram

The Open Network Foundation has introduced TON Pay, a new payments software development kit aimed at enabling cryptocurrency payments directly within Telegram. The SDK allows merchants and Mini App developers to accept Toncoin and supported stablecoins through a wallet-agnostic checkout flow embedded in the messaging platform.

TON Pay aims to leverage Telegram’s global user base of 1.1 billion monthly active users. Nikola Plecas, vice president of payments at the TON Foundation, noted that the system is built for sub-second transaction times with fees typically remaining below one cent. The initial rollout focuses on in-app commerce, with future updates expected to include support for subscription models, gasless transactions, and regional fiat off-ramps to balance decentralized architecture with compliance requirements.

The move intensifies competition in the “everything app” sector, as platforms like X and Coinbase pursue similar integrated financial service strategies. While TON faces scrutiny regarding its deep integration with Telegram and historical decentralization concerns, the foundation maintains that the network remains permissionless. By embedding payment rails directly into the messaging interface, TON Pay attempts to position blockchain technology as a viable alternative to traditional fiat payment systems for everyday digital commerce.

Disclaimer: Disclaimer: CoinScreamer is an independent media brand owned by NuvexMedia LLC, providing news, research, and market insights. NuvexMedia LLC invests in and collaborates with various companies across the digital asset and technology industries. Despite these partnerships, CoinScreamer operates with full editorial independence to deliver accurate, timely, and objective information about the crypto market. Below are our current financial and business disclosures. © 2025 NuvexMedia LLC. All Rights Reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or any other form of professional advice.

DeFi & FinTech, News, Technology & Security