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CME Launches Crypto Index That Excludes Bitcoin and Ether
Markets

CME Launches Crypto Index That Excludes Bitcoin and Ether

The 10-asset emerging benchmark is free-float market-cap weighted, with real-time pricing and London, New York and Asia-Pacific settlement variants.
Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit
Regulation & Politics

Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit

The panel affirmed the dissolution of Kalshi’s Nevada injunction after finding no likely federal preemption, reaching the opposite preliminary conclusion from the Third Circuit.
Bullish Provides USD.AI $100 Million Facility for GPU-Backed Loans
DeFi

Bullish Provides USD.AI $100 Million Facility for GPU-Backed Loans

The commitment will fund more GPU loans; USD.AI’s API reported $265 million in loan reserves and $491 million in TVL.
Stellar RWA Assets Outgrow Its DeFi Markets
DeFi

Stellar RWA Assets Outgrow Its DeFi Markets

RedStone puts tokenized real-world assets on Stellar above $3 billion in July, against DeFi value it measures at $213 million.
Circle Adds Native USDC, EURC and CCTP Support to Plasma
Blockchains

Circle Adds Native USDC, EURC and CCTP Support to Plasma

The deployment gives developers Circle-issued dollar and euro tokens plus a burn-and-mint route for moving USDC across supported chains.
Bitwise Solana ETF Is First to Cross $1 Billion
Markets

Bitwise Solana ETF Is First to Cross $1 Billion

Glassnode reported $138 million of Solana ETF inflows over 10 days, while BSOL captured nearly four-fifths of cumulative flows among six products tracked by Farside.
Ethena Plans Equity-Perpetual Basis Trades for USDe Backing
DeFi

Ethena Plans Equity-Perpetual Basis Trades for USDe Backing

The announced rollout is still forthcoming, with the first partner exchange announcements and deployments expected in the coming weeks.
Coinbase and Better Take Bitcoin-Backed Mortgages Beyond the Waitlist
CeFi

Coinbase and Better Take Bitcoin-Backed Mortgages Beyond the Waitlist

The product pairs a conventional home loan with a separate downpayment loan secured by pledged bitcoin and a second lien on the property.
Schwab Crypto to Add SOL, AVAX and LINK to Bitcoin-and-Ether Lineup
TradFi & Fintech

Schwab Crypto to Add SOL, AVAX and LINK to Bitcoin-and-Ether Lineup

The retail platform began rolling out in May, while a separate advisor-channel crypto service is targeted for mid-2027.
39 State Banking Groups Form BankChain Alliance for 2027 Blockchain Launch
TradFi & Fintech

39 State Banking Groups Form BankChain Alliance for 2027 Blockchain Launch

The industry-owned network is still selecting a technology partner and would support tokenized deposits, stablecoins, smart payments and automated settlement.