Converge

Latest

Franklin Templeton's Tokenized Treasury AUM Surpasses $2.5 Billion, up 100% Year-to-Date
TradFi & Fintech

Franklin Templeton's Tokenized Treasury AUM Surpasses $2.5 Billion, up 100% Year-to-Date

Franklin Templeton has crossed $2.5 billion in tokenized U.S. Treasury assets under management in 2026, doubling its holdings as the third-largest issuer in the growing tokenized sovereign debt market.
SEC Commissioner Hester Peirce Clarifies Distinction Between Tokenized Securities and Synthetic Instruments
Regulation & Politics

SEC Commissioner Hester Peirce Clarifies Distinction Between Tokenized Securities and Synthetic Instruments

SEC Commissioner Hester Peirce references a staff statement on tokenization to distinguish between issuer-sponsored tokenized stocks and synthetic crypto instruments offering stock exposure.
Hyperliquid ETFs Surpass $69 Million in Net Inflows
Markets

Hyperliquid ETFs Surpass $69 Million in Net Inflows

Spot ETFs tracking Hyperliquid ($THYP and $BHYP) attracted over $16 million in flows yesterday, bringing cumulative net inflows to $69 million.
NEAR Launches Confidential Payments via Intents Protocol
Blockchains

NEAR Launches Confidential Payments via Intents Protocol

NEAR Protocol has launched confidential payments on its Intents platform, enabling private cross-chain swaps between NEAR and ETH.
SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading
Regulation & Politics

SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading

Hester Peirce pushes back against "hyperbole" surrounding a contemplated SEC innovation exemption for tokenized NMS stock, emphasizing it would cover only digital representations of existing equities, not synthetic assets.
Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8
CeFi

Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8

Coinbase is expanding its trading offerings by launching perpetual-style equity index futures on June 8, allowing users to go long or short on market sectors and trends.
Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators
DeFi

Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators

Steakhouse Fi has expanded its lead to approximately $1 billion over the next largest Morpho vault curator, marking a significant shift in the competitive curator ecosystem.
MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain
Blockchains

MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain

MoneyGram has become Tempo's anchor remittance validator in a new strategic blockchain partnership designed to enhance cross-border payment infrastructure.
Fireblocks Launches Agentic Payments Suite for PSPs and Fintechs
CeFi

Fireblocks Launches Agentic Payments Suite for PSPs and Fintechs

Fireblocks introduced its agentic payments infrastructure, enabling AI agents to execute crypto transactions on behalf of users through embedded wallet and compliance-ready technology.
SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading
Regulation & Politics

SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading

The SEC is developing a new regulatory framework that would allow digital versions of publicly traded securities to trade on blockchain networks in the US.