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Tether Clears First Full Audit From KPMG Without Publishing the Statements
CeFi

Tether Clears First Full Audit From KPMG Without Publishing the Statements

The Big Four firm issued an unqualified opinion on 2025 accounts for Tether's El Salvador issuing entity. The work was done to AICPA standards rather than the PCAOB standards the GENIUS Act sets for licensed U.S. issuers, and Tether has released neither the statements nor the opinion letter.
Norway Wealth Fund Discloses $81.9 Million BitMine Stake
TradFi & Fintech

Norway Wealth Fund Discloses $81.9 Million BitMine Stake

The fund reported holding 6.15 million BMNR shares at June 30, giving it indirect Ethereum exposure through a listed company.
Tempo Launches Embedded Yield Product for Platforms, Starting With Deel
TradFi & Fintech

Tempo Launches Embedded Yield Product for Platforms, Starting With Deel

Tempo Earn routes rewards through Morpho vaults and tokenized money market funds, placing the payment outside the stablecoin issuer that US law bars from paying interest. Deel's contractor wallet is the first named deployment, at a promotional target rate of up to 4% APY.
SharpLink Plans $200 Million ETH Allocation to Lido’s wstETH
DeFi

SharpLink Plans $200 Million ETH Allocation to Lido’s wstETH

Using Kraken’s displayed $1,889.84 ETH price, the planned allocation equates to about 106,000 ETH, roughly 12% of SharpLink’s reported holdings.
Robinhood Private-Market Fund Prices $200 Million IPO
TradFi & Fintech

Robinhood Private-Market Fund Prices $200 Million IPO

RVII pays its adviser a 2% annual base fee and a 20% realized-gains incentive fee; some exposure may use illiquid vehicles.
Securitize’s Tokenized Assets Hit $4.3 Billion as Revenue Falls
TradFi & Fintech

Securitize’s Tokenized Assets Hit $4.3 Billion as Revenue Falls

Tokenization revenue dropped 12% and operating costs jumped 56%, showing that higher onchain assets have yet to produce steadier earnings.
Circle’s cirBTC Is Live on Ethereum but Has Only 40 BTC Outstanding
Tokens

Circle’s cirBTC Is Live on Ethereum but Has Only 40 BTC Outstanding

Circle National Trust custodies the backing, while published Bitcoin addresses and Chainlink Proof of Reserve provide onchain visibility; Arc support remains forthcoming.
BitGo CFO to Exit as Q2 Net Loss Hits $19 Million
CeFi

BitGo CFO to Exit as Q2 Net Loss Hits $19 Million

Revenue jumped 80%, but trading and staking margins weakened as BitGo targeted $15 million in annualized savings following June layoffs.
SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral
TradFi & Fintech

SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral

The relief lets Franklin Templeton’s registered funds hold FOBXX through an affiliated blockchain-integrated system, subject to 12 custody and control conditions.
SEC Advances Tokenized-Securities Exemption That Could Enable 24/7 Trading
Regulation & Politics

SEC Advances Tokenized-Securities Exemption That Could Enable 24/7 Trading

Atkins says the framework would support compliant onchain trading while long-term rules are developed; Friday's scheduled Commission consideration covers a separate offering proposal.