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TradFi & Fintech
Tokenized Asset Value Stalls Even as Stock Token Holders Surge
Distributed tokenized real-world asset value slipped about 1.4% over the past month to roughly $31.5 billion, the first monthly decline of its institutional-led run, even as the number of holders climbed 14%, led by tokenized stocks, according to data from rwa.xyz.

Blockchains
Base Suffers Second Chain Halt in 24 Hours, Complicating B20 Activation Window
Base stalled block production for a second time in less than 24 hours on Friday morning, describing the incident as showing 'similar symptoms' to Thursday's roughly two-hour outage, with the event arriving less than three hours before the B20 Activation Registry was anticipated to go live.

Blockchains
Canton Network Tops Blockchain Fee Rankings With $60M in 30 Days
Canton Network, the privacy-enabled institutional blockchain built by Digital Asset, generated $60.2 million in fees over the trailing 30 days, outpacing Tron's $27.6 million and Ethereum's $11.3 million by a wide margin, according to DefiLlama data.

Regulation & Politics
Bipartisan Senators Ask CFTC Chair Whether Agency Is Investigating Polymarket's Fake-Bet Campaign
Senators Adam Schiff and John Curtis sent a letter to CFTC Chair Michael Selig Thursday asking whether the agency is investigating Polymarket's paid influencer scheme, putting the regulator in a bind over a platform it licenses but whose staged trades ran on an offshore site beyond its direct reach.

TradFi & Fintech
Securitize Goes Public on NYSE July 2 With $400M From SPAC Merger
Securitize, the tokenization platform behind BlackRock's BUIDL fund, is set to begin trading on the NYSE on July 2 under the ticker SECZ after a SPAC merger with Cantor Equity Partners II that raised over $400 million, including an oversubscribed $225M PIPE.

CeFi
StablecoinX Begins Nasdaq Trading as First Public ENA Treasury Vehicle
StablecoinX Inc. (Nasdaq: USDE) began trading Friday after closing its SPAC merger with TLGY Acquisition Corp., becoming the first publicly listed company holding approximately 3.03 billion ENA tokens and building infrastructure for the Ethena ecosystem.

TradFi & Fintech
Ondo Finance Launches 24/7 Minting and Redemption for Tokenized US Stocks and ETFs
Ondo Finance has enabled around-the-clock minting and redemption for tokenized US stocks and ETFs on Ethereum and BNB Chain, removing the weekday-only constraint that had tied position creation and cancellation to US market hours.

Regulation & Politics
Trump Blocks Housing Bill Signing Over Voter ID Demand, Putting CBDC Ban in Limbo
President Trump canceled the signing ceremony for the 21st Century ROAD to Housing Act, which includes a statutory ban on a Federal Reserve-issued CBDC through 2030, demanding Congress first pass the SAVE America Act voter-ID legislation. The housing bill passed both chambers with veto-proof margins and may become law automatically.

Blockchains
Sophon Shuts Down Its zkSync Chain and Rebuilds as a Consumer App Studio on Base
Sophon is decommissioning its zkSync-based Layer 2 chain and pivoting to Soph+, a consumer product studio building exclusively on Base. The shutdown caps a chain that raised $60 million through node sales but attracted fewer than 200 daily users and generated roughly $30 in daily fees.

Blockchains
Base Resumes Block Production After Roughly Two-Hour Mainnet Halt
Coinbase-incubated Layer 2 Base stalled block production for about two hours Thursday after an invalid block triggered a consensus fault, before the network recovered. The outage renewed scrutiny of single-sequencer risk on major rollups.



