It Shouldn't Take a 316-Year-Old Violin to Prove Tokenization is Real
Animoca Brands co-founder Yat Siu's $9 million 1708 Stradivarius is being tokenized by Galaxy Digital for a multimillion-dollar loan but the industry has so much more to offer
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Ondo Finance CEO Nathan Allman Dies Unexpectedly
Allman founded Ondo in 2021 and grew it into one of the largest tokenised real-world asset platforms; the company says his successor has been running day-to-day operations for over two years.
Bhutan's Gelephu Mindfulness City Opens Fast-Track Crypto Licensing as BTSE Secures First Exchange Approval
The GMC framework bundles licensing and banking into a single application — and hands firms already regulated in Singapore, Hong Kong or Abu Dhabi a shorter path in.
Upexi Posts $109 Million Net Loss as Unrealized SOL Losses Dominate Q3
Revenue rose 46% on staking income, but the company's 2.5 million SOL position — now the second-largest corporate Solana treasury — recorded $92.3 million in mark-to-market losses during the quarter ended March 31.
Payward, Franklin Templeton to Bring Actively Managed Funds Onchain in Tokenization Push
The deal pairs Kraken's $30 billion xStocks infrastructure with Franklin Templeton's $1.74 trillion asset management operation, with BENJI tokenized money market funds set to integrate into Kraken for institutional clients.
Latest
FalconX Files for IPO – And It's a Very Different Company Than the One That Raised at $8 Billion
A confidential SEC filing and a Cantor mandate put the institutional prime broker back in the spotlight. Since its 2022 peak valuation, FalconX has quietly rebuilt itself into something broader – and harder to price.
Samsung Affiliates Acquire 4% Stake in Upbit Operator Dunamu for $408 Million
Three Samsung affiliates will jointly acquire a 4% stake in Dunamu, operator of South Korea's largest cryptocurrency exchange Upbit, from Kakao affiliates in an all-cash deal worth 612.8 billion won (~$408 million), the companies said Thursday (May 28). The transaction is scheduled to close June 19.
OKX Ventures, Korea Investment & Securities Each Take 19.6% Stake in Coinone for $53M
The dual investment gives South Korea's fourth-largest crypto exchange a TradFi partner pursuing STOs and a global operator with reach across 120 million users.
Bitcoin ETFs Post Ninth Straight Day of Outflows as IBIT Notches Near-Record Redemption
The ETF channel that anchored bitcoin's 2025 rally has flipped to distribution for five straight sessions. The Hormuz headlines accelerated what had been building for weeks.