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TradFi & Fintech

OCC Denies Wise's US National Trust Bank Charter
TradFi & Fintech

OCC Denies Wise's US National Trust Bank Charter

The regulator cited money-laundering risk concerns in a rare rejection amid a wave of crypto charter approvals. Wise plans to refile under the GENIUS Act.
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.
Bitmine Slowed ETH Buys to Smallest Weekly Pace Since June 2025
TradFi & Fintech

Bitmine Slowed ETH Buys to Smallest Weekly Pace Since June 2025

The largest corporate ether holder slowed its buying to its smallest weekly pace since June 2025, redirecting capital to a share repurchase, and now holds 5.78 million ETH — 96% of the way to its "Alchemy of 5%" target.
Ondo Finance Partners With SBI to Tokenize Japanese Assets
TradFi & Fintech

Ondo Finance Partners With SBI to Tokenize Japanese Assets

The deal routes distribution through SBI's ecosystem and settles in the group's JPYSC yen stablecoin, connecting Japan's capital markets to onchain finance.
DTCC Starts Live Tokenized-Securities Trades With More Than Two Dozen Firms
TradFi & Fintech

DTCC Starts Live Tokenized-Securities Trades With More Than Two Dozen Firms

The company that settles most US stock trades is running its first production trades of tokenized real-world assets, with a full service launch set for October.
Stripe's $53B PayPal Bid Would Combine Bridge and PYUSD Under One Owner
TradFi & Fintech

Stripe's $53B PayPal Bid Would Combine Bridge and PYUSD Under One Owner

The unsolicited offer from Stripe and Advent International, if PayPal accepts, would consolidate two of the mainstream payments industry's stablecoin operations.
Tether Leads $7M Series A in Pact Labs for USA₮ Payroll
TradFi & Fintech

Tether Leads $7M Series A in Pact Labs for USA₮ Payroll

The stablecoin issuer's latest strategic bet targets payroll, wage access and everyday payments rails for its US-focused USA₮ token.
HSBC Issues First Digitally Native Structured Product in Hong Kong
TradFi & Fintech

HSBC Issues First Digitally Native Structured Product in Hong Kong

The bank placed USD-denominated notes issued directly on a blockchain, with Marketnode acting as tokenization agent and digital paying agent.
MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal
TradFi & Fintech

MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal

The 1,200-acre Matagorda County site was previously slated for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott before HIF pivoted to power computing instead.
Dinari, tZERO Partner on Tokenized US Stock Framework
TradFi & Fintech

Dinari, tZERO Partner on Tokenized US Stock Framework

Dinari, an issuer of tokenized U.S. equities, and tZERO Group, a blockchain-based financial infrastructure provider, said Wednesday they are partnering to build an operating framework that would let broker-dealers offer tokenized U.S. stocks.