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Sumitomo Mitsui FG plans to invest in SBI approximately in a joint venture with Startale 5%, promoting the yen stablecoin JPYSC in asset management, payments, and blockchain financial products.
Brian Armstrong said that tokenized stocks and stablecoins are growing rapidly. The chart he shared shows that the total supply of tokenized stocks has reached 3750000000 USD, involving 1501 stocks.
Payward subsidiary CF Benchmarks launches CFB an oracle service, providing blockchain applications with benchmark data for cryptocurrencies and traditional asset classes.
Franklin Templeton recently issued approximately XRP Ledger more on 150000000 USD sgBENJI, with all newly issued shares transferred to the same wallet. The wallet holds nearly 193000000 shares; the investor's identity has not been disclosed.
Hyperliquid CEO Jeff Yan said in Token2049 Singapore that traditional finance causes retail investors to miss some pre-listing gains, while Hyperliquid aims to expand access to wealth-creation opportunities.
Reports say the ECB has launched Pontes, connecting the EUR payment system to blockchain-based financial markets. Initial participants include Deutsche Bank, Santander and Clearstream.
