Latest

TradFi & Fintech
Ondo Opens In-Kind Minting for Tokenized US Stocks
Approved institutions can now swap existing share inventory for Ondo Stocks through Alpaca, removing the separate cash funding required by the platform’s existing issuance flow.

DeFi
Galaxy Adds $100 Million of sUSDS to Treasury, Approves It as Loan Collateral
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.

TradFi & Fintech
Blockchain.com and NYSE Explore 24/7 Tokenized Stock Trading
The agreement would connect the crypto platform to NYSE’s planned digital venue and add two-way distribution of stock and crypto market data.

Regulation & Politics
a16z And DeFi Education Fund Ask SEC To Put DEXs Outside Exchange Registration
The two groups submitted a joint proposal to Commissioner Hester Peirce for a safe harbor that would create a rebuttable presumption that decentralized exchange protocols and their front-ends are not exchanges under the Exchange Act. a16z filed a second letter the same day asking the SEC to build a registration regime for centralized crypto trading platforms modeled on the 1998 alternative trading system rules. Both letters are dated Sept. 14, three days before the SEC issued its Innovation Exemption for tokenized stock venues.

TradFi & Fintech
Near Adds Ondo’s Tokenized Stocks With Confidential Execution
near.com began offering Ondo Finance’s tokenized U.S. stocks and exchange-traded funds (ETFs) on Tuesday, letting users buy them with crypto held across more than 30 networks. The companies said the trades are not broadcast publicly. The tokens are not available to U.S. persons or in Canada. NEAR rose 7.1% over 24 hours.

Markets
CME Group to List Bitcoin Cash and Uniswap Futures Oct. 19
The two contracts would take the exchange's single-token crypto lineup to eleven, seven of them added this year.

TradFi & Fintech
Binance Takes $100 Million Circle Stake And Renews The USDC Deal Circle Pays For
Circle sold Binance 1,237,011 shares at $80.84, a five percent discount to the Sept. 17 close, and agreed to keep paying the exchange a monthly fee tied to USDC balances, an SEC filing shows.

TradFi & Fintech
Mastercard-Owned BVNK Adds Stellar Rail for Stablecoin Payments
The stablecoin infrastructure firm Mastercard bought for up to $1.8 billion says the integration is live across its 130-plus markets, with more Stellar-native assets to follow.

TradFi & Fintech
Coinbase Opens IPO Allocations to US Retail Investors With Oura
Eligible US customers can request shares at the offer price before trading begins, but allocations depend on supply from underwriters and investor demand.

TradFi & Fintech
OCC Gives Catena Preliminary Conditional Approval for National Trust Bank
The proposed bank could custody and manage fiat, securities and digital assets, but Catena must meet capital, liquidity and preopening requirements before it can operate.




