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KAIO Tokenizes Mubadala Capital Fund Across Base, Solana and Sui
TradFi & Fintech

KAIO Tokenizes Mubadala Capital Fund Across Base, Solana and Sui

Coinbase will add exposure to the tokenized private-markets offering, which launched with about $75M in onchain value, KAIO said.
BitMEX to Shut Down Exchange on Sept. 23, Urges Withdrawals
CeFi

BitMEX to Shut Down Exchange on Sept. 23, Urges Withdrawals

Owner HDR Global Trading blamed a strategic review; users have until an Aug. 26 risk-limit cutover before positions get force-closed.
Crypto Industry Pushes for Senate Vote on New CLARITY Act Text as Democrats Blast Ethics Plan
Regulation & Politics

Crypto Industry Pushes for Senate Vote on New CLARITY Act Text as Democrats Blast Ethics Plan

Coinbase, the Blockchain Association and the DeFi Education Fund urged the Senate to pass the 616-page merged draft, while Sen. Angela Alsobrooks called its DOJ-led ethics enforcement "wild and unserious and stone-cold crazy."
Tokenized Stocks Hit Records Across Every Major Venue as Sector Reaches $2.3B
TradFi & Fintech

Tokenized Stocks Hit Records Across Every Major Venue as Sector Reaches $2.3B

Ondo, Backed Finance, and Robinhood Chain all set all-time highs in tokenized equity holdings this week, while dYdX's new Arcus exchange posted record perps volume — signs the market for onchain stocks is scaling on multiple fronts at once.
Franklin Templeton Says Altcoins Are Key to the Agentic AI Trade
TradFi & Fintech

Franklin Templeton Says Altcoins Are Key to the Agentic AI Trade

Digital assets head Sandy Kaul argues card rails can't handle $0.001 machine payments, making blockchain tokens the way to capture agentic AI value.
Ramp Adds Stablecoin Accounts and Bill Pay on Stripe Stack
TradFi & Fintech

Ramp Adds Stablecoin Accounts and Bill Pay on Stripe Stack

Bridge converts dollars for Bill Pay while Privy stores balances, splitting the roles across Stripe's stablecoin infrastructure.
Crypto Rallies as Reported Ethics Deal Revives Odds of CLARITY Act Senate Vote
Regulation & Politics

Crypto Rallies as Reported Ethics Deal Revives Odds of CLARITY Act Senate Vote

Bitcoin reclaimed $66,000 after reports that the White House circulated agreed-upon ethics-provision language to Senate Republicans, removing the main obstacle to a floor vote before the August recess.
S&P and Pantera Launch Revenue-Screened Digital Asset Index
TradFi & Fintech

S&P and Pantera Launch Revenue-Screened Digital Asset Index

The 18-constituent benchmark excludes Bitcoin and meme coins, screening for protocols with positive revenue verified by onchain data.
Ondo Enables Tokenized Stock Collateral on OndoPerps
DeFi

Ondo Enables Tokenized Stock Collateral on OndoPerps

Ondo Stocks holders can now back perpetual futures positions with SPYon and QQQon, subject to an initial $100,000 per-asset notional cap.
Jack Mallers Steps Down as CEO of Twenty One Capital
People

Jack Mallers Steps Down as CEO of Twenty One Capital

Board member Raphael Zagury takes over the Tether-backed bitcoin treasury company, and Strike is no longer under consideration for a business combination.