Binance has appointed co-founder Yi He as co-CEO, expanding its senior leadership structure. Meanwhile, the company has approached 300 million global users.
Kraken has reached an agreement to acquire Backed Finance, a firm that tokens traditional assets like stocks and ETFs.
A consortium of 10 major European banks has created a new company, qivalis, to develop a euro-based stablecoin aimed at strengthening Europe’s position in digital payments.
Kalshi has launched tokenized versions of its event contracts on Solana as it aims to attract crypto-native traders and boost liquidity across its prediction markets.
Sony Bank is evaluating a US dollar-pegged stablecoin as part of a broader push to streamline payments across Sony’s gaming and anime ecosystem, with potential issuance beginning in fiscal 2026.
China’s central bank has opened high-level policy talks to strengthen enforcement against stablecoin and crypto payments amid the renewed trading activity.
CoinShares has withdrawn its planned Solana, XRP, and Litecoin ETFs, signaling a strategic pause as regulatory expectations evolve and competition intensifies in the US crypto ETF market.
KuCoin’s European division has obtained a Markets in Crypto Assets (MiCA) license in Austria, enabling the exchange to offer regulated crypto services throughout the European Economic Area.
Solana-based meme coin BONK is now trading as an Exchange Traded Product (ETP) on the SIX Swiss Exchange, providing a regulated access point for retail and institutional investors.
Upbit reported a security breach on the Solana network, resulting in the unauthorized withdrawal of approximately $38 million in various Solana-based assets.
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).
A primary focus for Coinbase Ventures is the expansion of RWA perpetuals beyond conventional crypto assets.
Standard Chartered has been appointed digital-asset custodian for 21shares, providing institutional-grade custody services to one of the world’s largest crypto ETP issuers and marking a major step in regulated crypto infrastructure.
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.
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.