CoinDesk:
Circle Arc blockchain names founding validators, mainnet set for September 16
Circle announced Arc's founding validators and mainnet launch date of September 16, marking the institutional blockchain's transition from testnet to production.
CoinDesk:
Tokenized RWAs triple deposits to $7.4 billion as DeFi contracts
Real-world asset deposits in lending and trading protocols surged to $7.4 billion year-over-year, marking growing institutional confidence in blockchain-based finance.
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Bankless:
Ondo Finance launches Ondo Network after SEC clears tokenized equities, hires former Blockchain.com CFO
Ondo launches its own blockchain for tokenized securities after receiving SEC clarity, signaling regulatory acceptance of on-chain equity markets.
More: CoinDesk
The Block:
Kraken parent Payward enables proxy voting on tokenized equities holdings
Tokenized equity platforms are expanding investor protections by allowing security holders to exercise governance rights through proxy voting, broadening institutional adoption of on-chain RWAs.
The Block:
Mastercard pilots Crypto Credential for cross-border stablecoin payments
Mastercard and Borderless.xyz are testing Crypto Credential to streamline trusted stablecoin flows across borders, extending institutional payment infrastructure.
CoinDesk:
Yellow Card raises $40M to link banks to stablecoin processing
The stablecoin infrastructure firm expands bank onramps globally with new capital, supporting regulated access to blockchain-based payments.
The Block:
Visa expands stablecoin capabilities on Visa Direct with Zerohash
Visa integrates Zerohash to enable stablecoin settlement on its Direct rails, expanding institutional on-chain payment options.
The Block:
Dinari launches tokenized S&P 500 stocks for US self-custody wallets
Users can now hold tokenized US equity directly in self-custodied Ethereum wallets, expanding real-world asset adoption beyond institutions.
The Block:
BitGo shifts $7.4 billion WBTC from LayerZero to Chainlink CCIP
The largest cryptocurrency custodian is moving wrapped bitcoin infrastructure to a different cross-chain bridge, accelerating a $15 billion exodus from LayerZero.
CoinDesk:
BNY Mellon adds staking to digital asset custody platform
A major custody bank is expanding institutional infrastructure for Ethereum staking, signaling growing mainstream adoption of validator services.
The Block:
Mastercard completes BVNK acquisition for stablecoin payments infrastructure
Mastercard gains BVNK's expertise to help enterprises build stablecoin and tokenized asset payment systems at scale.
CoinDesk:
Kalshi, Polymarket win pause against Minnesota prediction market ban
Two major prediction market platforms secured a temporary block against Minnesota's ban, marking a key legal victory in ongoing state-level regulatory battles over onchain betting.
More: The Block · Decrypt · Bankless · The Block · Bankless · Decrypt · The Block
The Block:
Circle secures NYDFS trust charter for USDC oversight
Circle obtained state-level trust chartering from New York regulators, layering state supervision onto its federal OCC approval and formalizing institutional stablecoin backing.
More: CoinDesk
ETH Daily:
Clarity Act prospects fade as Wall Street backing wanes
JPMorgan warns that the bill's declining Senate odds and certain provisions could dampen institutional crypto adoption.
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CoinDesk:
Major banks test tokenized money for cross-border settlement in BIS pilot
Twenty-eight global banks including JPMorgan and UBS conducted live trials of blockchain-based settlement for payments, advancing institutional adoption of tokenized financial infrastructure.