Bitmine is staking almost $4 billion worth of Ethereum, or nearly one-third of its $13 billion in total holdings. Chair Tom Lee said on Monday that the digital asset treasury firm “will be the largest staking provider in the entire crypto ecosystem” and projects annualised revenue at $374 million, or over $1 million daily. Backed by top institutional investors including Peter Thiel’s Founders Fund and Cathie Wood’s ARK Invest, Bitmine is the largest Ethereum treasury in the world. It “has staked more E ...

Russia’s patents office has granted Tether, the issuer of the USDT stablecoin, approval for a trademark for the Hadron tokenisation platform. Tether submitted its application to the Russian Federal Intellectual Property Office, known as Rospatent, in October 2025, the Russian newspaper RIA Novosti reported on January 10. Rospatent reviewed the application late last year and approved it earlier this month, the outlet wrote. The development indicates Tether is looking to get in on Russia’s fast-growing c ...

Lloyds Banking Group has completed a landmark digital finance transaction executing the first-ever Gilt purchase using tokenised deposits. The transaction, carried out in partnership with Archax and the Canton Network, marks the first time tokenised deposits have been issued on a public blockchain in the UK — and the first global use of tokenised sterling deposits. How the Transaction Worked The transaction involved Lloyds Bank PLC issuing tokenised deposits directly on the Canton Network, a privacy-en ...

Group 1: Core Insights - Russians are increasingly adopting cryptocurrency, supported by banks and regulators, to create an investment ecosystem that can bypass Western sanctions [1] - The future of finance in Russia is seen as digital, with expectations for tokenized securities, commodities, industrial Bitcoin mining, and crypto derivatives to gain traction by 2026 [1] Group 2: Digital Financial Assets (DFAs) - Digital financial assets (DFAs) in Russia have grown over a third, reaching a market size of $13 billion in 2025, according to the central bank [2] - DFAs are built on private blockchains and can only be traded on domestic platforms with central bank permits, positioning them at the center of Russia's blockchain-driven economic expansion [2] Group 3: DFA Market Growth - The total volume of Russian DFA placements increased by 33% in the first nine months of 2025, with yields on short-term DFAs surpassing short-term bond yields by an average of 1.7% [3] - The Russian government aims to achieve tax parity for DFA investors in 2026, aligning them with traditional bondholders, which is expected to significantly boost the DFA market [4] Group 4: Licensing and Market Expansion - Since the issuance of its first DFA by Atomyze, Moscow has granted operating licenses to 16 additional firms, primarily banks, with a startup named Madrigal also receiving a DFA-issuing license [5] - The Moscow Exchange (MOEX) and Russian banks are promoting crypto derivatives, launching their own funds as Russians are unable to invest in US-based Bitcoin and Ethereum ETFs [6]

Wolfgang Münchau is a columnist for DL News. He is co-founder and director of Eurointelligence, and writes a column on European affairs for UnHerd. Opinions are his own. Some of the folklore from boomer-era finance, the pre-crypto world of financial markets, does not apply to cryptocurrencies. But a lot of it does. If you cut it down to its bones, finance consists of three activities: lending, investing and insurance. All financial products fall into one or more of these categories. For most of history ...

“To support organic growth, the sector should industrialise this strategy. Historically, only about one-third of assets under management growth came from net new money. Firms who embed next best action analytics, straight-through-onboarding, pricing guardrails and incentives for sticky inflows have tended to outperform.”“Additionally, firms should look to build an ecosystem that supports private markets investments. These include educating advisors and clients, curating product shelfs as well as introducing ...

A version of this article appeared in our The Roundup newsletter on December 19. Sign up here. Hi! Eric here. Tokenisation is becoming the next frontier in Wall Street’s aggressive campaign to bulldoze into crypto. In 2025, centralised players like Robinhood, Kraken and Superstate launched tokenised stocks on their platforms, enabling 24/7 trading of digital exposure to company shares. That’s just the beginning, industry insiders tell DL News. “In 2026, the tokenised assets market becomes broader, dee ...

Traditional finance just gave crypto a huge vote of confidence. The Depository Trust & Clearing Corporation — which clears nearly $4 quadrillion in annual transactions and custodies $100 trillion — will be tokenising US Treasury securities on the Canton Network, the DTCC announced Wednesday. The move highlights how the next chapter of onchain finance will be forged by systems — like Canton — that mirror how markets actually operate, comply with regulatory frameworks, and are designed to scale securely at ...

Crypto exchange Coinbase significantly expanded its product suite on Wednesday, detailing plans for stock trading, prediction markets, an AI-powered financial advisor, and more. The announcements were billed as a major step in Coinbase’s effort to build an “everything exchange.” “Coinbase is no longer a place to just trade crypto, it’s a place where you can trade everything,” CEO Brian Armstrong said during a live-streamed event announcing the new products. “The everything exchange creates a future whe ...

Bitcoin rebounds have weakened, and the coin’s price may drop as low as $60,000 in the short term, market watcher warns. Georgii Verbitskii, founder of the crypto investment platform TYMIO, told DL News that an extended period of consolidation or correction is a “likely scenario” for Bitcoin prices in the short term. “Despite the recent pullback into the $80,000 to $90,000 range, a deeper downside — including moves toward $70,000 or even $60,000 — cannot be ruled out,” he said. His comments come in the ...