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If You Hold XRP XLM XDC & HBAR This Is VERY IMPORTANT To Know
NCashOfficial - Daily Crypto & Finance News· 2025-08-19 21:00
Tokenization Market Overview - Tokenization is considered a major trend in the crypto space with a goal of reaching trillions of dollars in value [1][2] - Traditional finance (TradFi) players like BlackRock, Wisdom Tree, and Franklin Templeton are involved in tokenizing millions and billions of dollars, indicating significant potential [2][3] - The current tokenized value is at $263 billion, with expectations of rapid growth as regulatory clarity increases [5][6] - The White House has featured tokenization of Real World Assets (RWAs) as a key use case of blockchain technology [19] Key Public Networks - Stellar has approximately $460 million in tokenized value and is considered a prime candidate for further growth [10][11] - XRP experienced a spike with $36 million tied to it, with Vert Capital contributing $115 million [11][12] - XDC has around $24 million tied to it, with potential announcements around $500 million to $1 billion mark that could significantly impact its tokenized RWA landscape [13][14] - Hedera has seven assets tied to it, primarily institutional funds and US treasuries, with anticipation for increased on-chain value [14][15] Industry Partnerships and Developments - BlackRock, JP Morgan, and City are tokenizing assets, with $300 billion already on-chain [16][17] - Archax is collaborating with Ripple to launch the first tokenized money market fund on the XRP ledger [24] - Archax, in collaboration with Lloyd's Banking Group and Aberdine, is advancing blockchain technology using tokenized RWAs on Hedera as collateral, with $54 trillion in FX trades in the UK every day [25][26] - Archax, VerseProp, XDC Spitfire Group, and Daen have completed a tokenized commercial real estate finance deal [27] - Archax has integrated Stellar into its tokenization engine and issued a flagship money market fund on the Stellar network [28] Native Tokens and Network Utility - Native tokens are essential for powering on-chain transactions, transfers, and DeFi use cases, driving demand for the network [30][32][33] - Projects like XRP, XLM, XDC, and HBAR are expected to power trillions of dollars in tokenized value, making their underlying network tokens highly valuable [36] - The SEC supports public networks based in the US to make America the crypto capital of the world [22][23]
Citibank considers expanding crypto services to asset custody, stablecoins: CNBC Crypto World
CNBC Television· 2025-08-15 20:19
Today, Bitcoin continues its retreat from its new all-time high. Wall Street groups join consumer advocates to ask for a revision to the Genius Act. And ArchInvest's David Pwell weighs in on what's driving crypto prices amid increased interest in crypto treasury strategies. Welcome to CBC's Crypto World. I'm Brandon Gomez. Cryptocurrencies moving lower as we head into the weekend. As of noon Eastern, Bitcoin continued its retreat from its all-time high, now trading at the $117,000 level. Ether fell to the $ ...
X @Bloomberg
Bloomberg· 2025-08-15 12:55
Citigroup has been working on a long-shot bid to put together a deal that it says would help Ukraine fund its reconstruction — part of a push by the Wall Street giant to secure its place in one of the biggest financing opportunities of the coming years. https://t.co/8BNdxh0ldT ...
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-08-15 12:26
The Morning Minute (8.15)Powered by @yeet⏰ Top News:-Crypto majors red on the day, BTC dominance rebounds; BTC at $119k-ETH ETFs see another top 5 day, outpace BTC 3.3:1 over past 5 sessions-David Bailey’s Nakamoto completers merger to launch $700M+ BTC DAT-Citigroup considers getting into crypto custody, eyes stables and BTC+ETH-Yeet confirms 40% of its airdrop will go to community🌎 Macro Crypto and Memes-Crypto majors were red on the day; BTC -2% at $119,100, ETH -2% at $4,630, XRP -3% at $3.10, SOL -4% a ...
X @AscendEX
AscendEX· 2025-08-15 08:00
📰 #AscendEX Daily Updates🔷Solana plans to implement a major consensus upgrade for 150ms block finality, with the related proposal already initiated in the governance process.🔷Bullish holds 24,000 BTC, ranking among the top five Bitcoin reserves in listed companies.🔷Citigroup is exploring offering stablecoin transfer custodianship and instant payment services.#AscendEX #Crypto #CryptoNews ...
X @Cointelegraph
Cointelegraph· 2025-08-15 03:00
Regulatory Updates - The SEC delays decision on Bitwise Solana ETF and 21Shares Core Solana ETF, with a new deadline set for October 16, 2025 [1] - The SEC acknowledges filing for Invesco Galaxy's spot Solana ETF [3] Market Trends & Adoption - Treasury exploring budget-neutral pathways to acquire more Bitcoin [1] - Citigroup exploring stablecoin custody, payments, and crypto ETF services [2] - Kraken goes live in all 30 EEA countries under MiCA license, offering 450+ assets and OTC trading [1] - Google search interest for "altcoin" hits its highest level since 2021 [3] Financial Data & Investments - About $3.31 billion (718,351 ETH) is currently stuck in Ethereum's exit queue [2] - US PPI hits 3.3%, the biggest monthly rise since June 2022 [2] - Ark Invest bought $172 million (2,532,693) of Bullish shares [3] Global Expansion - South Korea's Upbit operator Dunamu partners with Vietnam's MB Bank to launch Vietnam's first domestic crypto exchange [2]
AMG Appoints Marcy Engel to its Board of Directors
Globenewswire· 2025-08-14 11:00
Core Points - Dwight D. Churchill will retire from the Board of Directors of AMG after 15 years of service, effective September 30, 2025 [1][3] - Marcy Engel has been appointed to the Board of Directors, effective September 30, 2025, bringing significant experience in financial services [1][3] Company Overview - AMG is a strategic partner to leading independent investment management firms globally, focusing on generating long-term value through investments in high-quality independent partner-owned firms [4] - As of June 30, 2025, AMG's aggregate assets under management were approximately $771 billion, covering a diverse range of investment strategies [4]
NWTN Appoints Veteran Investment Banker Yehong Ji as Independent Director Following Shareholder Approval, Strengthens Board Expertise in Global Capital Markets and Digital Transformation
Prnewswire· 2025-08-13 10:11
Core Insights - NWTN Group has appointed Mr. Yehong Ji as Independent Director, enhancing the Board's governance and supporting strategic transformation initiatives [1][3] - Mr. Ji brings over 30 years of international investment banking experience, having led significant transactions for major Chinese enterprises, and will aid in governance enhancement and blockchain initiatives [2][4] - The CEO of NWTN, Mr. Benjamin Zhai, emphasized that Mr. Ji's diverse background will strengthen strategic decision-making and long-term competitiveness in smart technologies and sustainable development [3] Company Overview - NWTN Inc. is a UAE-based global smart technology company focusing on smart mobility, advanced manufacturing, and blockchain solutions, and is transitioning to the corporate name Robo.ai Inc. [5]
X @Bloomberg
Bloomberg· 2025-08-13 07:49
RT Saritha Rai (@SarithaRai)India's first AI unicorn Fractal files for $560 million IPO that could value company over $3.5 billionFractal builds AI products & services for global customers including Citigroup, Nestle, Philips @businessGift link (free to read until Aug 20)https://t.co/S2RLN0W82d#AI https://t.co/VGe00dUT2A ...
X @Cointelegraph
Cointelegraph· 2025-08-12 01:30
🇺🇸 NEW: Peter Thiel-backed crypto exchange Bullish increases IPO target to $1B valuation, up 60% from earlier goal, with backing from JPMorgan, Jefferies and Citigroup. https://t.co/wJ9tYucpCY ...