Advertisement

TradFi & Fintech

Morgan Stanley Files Amended S-1s for Spot Solana and Ethereum Trusts
TradFi & Fintech

Morgan Stanley Files Amended S-1s for Spot Solana and Ethereum Trusts

Morgan Stanley's amended S-1 filings for its spot Solana and spot Ethereum trusts name BNY Mellon and Coinbase Custody as joint custodians, set a 0.14% sponsor fee, and reserve the tickers MSOL and MSSE on NYSE Arca. Both products include staking provisions.
Andrew Cuomo Tapped to Co-Chair OKX-ICE Crypto Joint Venture
TradFi & Fintech

Andrew Cuomo Tapped to Co-Chair OKX-ICE Crypto Joint Venture

Former New York governor Andrew Cuomo will co-chair a joint venture between OKX and NYSE owner Intercontinental Exchange with ICE futures-exchanges chief Trabue Bland. Cuomo has advised OKX on policy since 2022, spanning the exchange's $504 million DOJ settlement. The venture is the consumer-facing wedge of ICE's $25 billion strategic tie-up with OKX.
Coinbase Teases 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends
TradFi & Fintech

Coinbase Teases 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends

Coinbase announced plans for what it calls the first tokenized U.S. stocks backed 1:1 by actual shares, with automatic on-chain dividend distribution. The exchange described the product as 'no derivatives, no IOUs,' a direct contrast to the synthetic equity structures currently dominating on-chain equity trading.
BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income
TradFi & Fintech

BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income

BlackRock listed the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq, overlaying a covered-call strategy on IBIT to generate monthly income while capping upside participation.
Binance Converts Stock Holdings Into On-Chain Tokens With bStocks Launch
TradFi & Fintech

Binance Converts Stock Holdings Into On-Chain Tokens With bStocks Launch

Binance has activated its tokenized-equity layer, converting live stock positions on its brokerage platform into BNB Chain tokens tradable around the clock. The first five bStocks include Nvidia, Tesla, Circle, Micron, and Sandisk.
Citi Rolls Out Tokenized Private-Company Shares for Wealth and Institutional Clients
TradFi & Fintech

Citi Rolls Out Tokenized Private-Company Shares for Wealth and Institutional Clients

Citigroup is making tokenized interests in private companies available to wealth-management and institutional clients on SIX Digital Exchange, the Wall Street Journal reported. The bank has already completed its first transaction and is in talks with additional private firms.
Binance Stock Trading Draws 84% of First-Week Volume From Emerging Markets
TradFi & Fintech

Binance Stock Trading Draws 84% of First-Week Volume From Emerging Markets

Binance's direct stock-trading platform drew more than 80% of its first-week volume from emerging markets, with assets under management crossing $400 million within seven days. The 2% share of TradFi-referenced perpetuals volume positions the June 1 launch as a distribution play for underserved retail users.
Ripple Deploys XRPL AI Starter Kit as Mastercard Names It Agentic-Commerce Partner
TradFi & Fintech

Ripple Deploys XRPL AI Starter Kit as Mastercard Names It Agentic-Commerce Partner

Ripple released the XRPL AI Starter Kit on Wednesday, giving developers tools to build AI-agent payment applications on the XRP Ledger using XRP and RLUSD. The launch lands alongside Mastercard naming Ripple as a partner in Agent Pay for Machines, its agentic-commerce network.
Mastercard Opens Card Rails to AI Agents With 30-Plus Crypto Partners
TradFi & Fintech

Mastercard Opens Card Rails to AI Agents With 30-Plus Crypto Partners

Mastercard launched Agent Pay for Machines (AP4M) Wednesday, extending its payments network to autonomous AI agents with 30-plus crypto and fintech launch partners including Coinbase, Ripple, Solana Foundation, Polygon, Aave Labs and Stellar.
Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal
TradFi & Fintech

Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal

Janus Henderson Investors, the $480 billion asset manager, has announced a four-part partnership with Ethena covering CLO fund distribution, a strategic ENA token investment, USDe treasury deployment, and exploration of exchange-traded instruments for USDe distribution.