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BlackRock Files for New Tokenized Fund With SEC, Taps Securitize Again
TradFi & Fintech

BlackRock Files for New Tokenized Fund With SEC, Taps Securitize Again

BlackRock has filed for a new tokenized fund structure with the SEC, selecting Securitize infrastructure for the second time after BUIDL's $2.3B success.
Senate Banking Committee Releases 309-Page Clarity Act Draft: US Senate Banking Committee
Regulation & Politics

Senate Banking Committee Releases 309-Page Clarity Act Draft: US Senate Banking Committee

The Senate Banking Committee publicly released the full text of its crypto market structure bill ahead of Thursday's markup, with amendments due by end of business Wednesday.
Strategy Resumes Weekly Buys with Smallest BTC Purchase Since December
TradFi & Fintech

Strategy Resumes Weekly Buys with Smallest BTC Purchase Since December

Meanwhile, the largest Ethereum DAT, Bitmine, made its smallest ETH purchase since January, announcing it will slow its weekly purchase pace.
Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury
TradFi & Fintech

Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury

Mike Novogratz's firm will pick protocols and size exposures while Sharplink keeps its core staked ETH position intact.
Morgan Stanley Launches Crypto Trading for Retail Clients: Report
TradFi & Fintech

Morgan Stanley Launches Crypto Trading for Retail Clients: Report

The $2 trillion financial services firm has rolled out cryptocurrency trading capabilities on its E*Trade retail brokerage platform.
CME Group to Launch Bitcoin Volatility Futures on June 1
TradFi & Fintech

CME Group to Launch Bitcoin Volatility Futures on June 1

The derivatives giant is rolling out CFTC-regulated contracts that let traders isolate Bitcoin volatility from price direction, settling to a new 30-day implied volatility benchmark.
a16z Crypto Raises $2.2B Fund to Turn New Infra into Everyday Products
TradFi & Fintech

a16z Crypto Raises $2.2B Fund to Turn New Infra into Everyday Products

a16z crypto's Crypto Fund 5 was announced just a day after Haun Ventures revealed its $1 billion fund focused on crypto and the agentic economy.
Western Union Stablecoin USDPT Launches on Solana
TradFi & Fintech

Western Union Stablecoin USDPT Launches on Solana

Western Union's USDPT stablecoin has gone live on the Solana blockchain, marking the traditional remittance giant's entry into on-chain digital assets.
Anchorage Digital Partners with M0 on US Stablecoin Issuance Stack
TradFi & Fintech

Anchorage Digital Partners with M0 on US Stablecoin Issuance Stack

The partnership aims to make it easier for companies, including fintechs and paying firms, to issue compliant stablecoins in the United States.
PayPal Elevates Crypto to Core Business in Strategic Reorganization
TradFi & Fintech

PayPal Elevates Crypto to Core Business in Strategic Reorganization

The payments giant will fold PYUSD, Braintree, and merchant processing into a new Payment Services & Crypto division, marking the first time digital assets have a dedicated home within the company.