DeFi

Trust Machines and Draper Dragon joined the round. Terms were not disclosed, and Xverse has not said what it raised or at what valuation.

The Vault Risk Assessment scores a vault from AAA(v) to D(v), and the curator running it can cap the result. S&P has not assessed a vault yet.

JAAA, JTRSY and HYB span US Treasuries and credit, with direct fund access limited to non-US professional investors.

An MOU with Uniswap Labs, Base and Nyx Foundation targets a Japan-focused DeFi gateway for completion by mid-2027.

Clients can keep earning Sky’s 3.6% savings rate while pledging sUSDS to Galaxy, whose institutional lending business carries a $1.4 billion average loan book.

The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.

Bitnomial would deploy, administer, clear and settle the proposed markets, while NinjaTrader Clearing would carry approved customer accounts.

The Aave V4 RWA Hub would let institutions borrow USA₮ against tokenized collateral on Avalanche. The hub and the USA₮ listing both go to an Aave DAO vote, and the release gives no launch date.

The product targets up to 2% APY by moving xStock collateral from Ink to Solana, while a 25% performance fee and DeFi lending risks apply.

Geoff Kendrick calls Sky "DeFi's federal bank" and forecasts a five-fold rise in the value the protocol passes to token holders by end-2028. The thesis runs on USDS supply growth.