Ascend, M1X Report Stellar Repo With 72 Hourly Rolls
Official documentation explains the financing mechanics, while transaction-level verification remains limited.
CRYPTO MAIN NEWS
INSTITUTIONAL
Banks, asset managers and the movement of institutional capital.
Solana DvP Targets Institutional Settlement, With Limits
Atomic token transfers address one settlement problem. Production status and the wider obligations of institutional participants remain unresolved.
Circle Mint Opens BTC-Backed Borrowing, With Terms Set by Morpho Markets
Circle Mint's new institutional borrowing flow turns BTC into cirBTC collateral for USDC loans through Morpho markets. Here is what eligibility and changing market terms mean.
Binance Takes $100 Million Circle Stake in USDC Deal
A five-year promotion agreement and balance-linked fee tighten the companies' alignment, but the deal provides no evidence yet of higher USDC adoption.
Project Harmonia Opens RFP for Solana Tokenized Funds
Project Harmonia has opened applications for regulated collective-investment funds seeking distribution through Allfunds and deployment on Solana. The process includes separate tracks for live and developing products, with admission subject to regulatory, operational, security and risk requirements.
SEC Chair Atkins Wants Advisers to Self-Custody Crypto—but No Rule Exists Yet
SEC Chair Paul Atkins asked staff to draft a proposal allowing conditional adviser self-custody and state trust-company custody. No rule text exists yet.
Tether’s $400 Million StableFund Is an Anchor, Not a $3 Billion Fund
Tether and Fasanara launched StableFund with $400 million of sponsor capital and a target of up to $3 billion from institutions. The target is not money already raised.
Block’s Builders Bank Would Custody Bitcoin, Not Take Deposits
Block has applied for an uninsured national trust bank focused on bitcoin and stablecoin custody. It would not accept deposits or make loans.
Coinbase and Moov Target 1,000+ Community Banks With Stablecoin Rails
Coinbase and Moov are bringing stablecoin payments and custody to a network serving 1,000+ community banks—but that is not 1,000 live launches.
Bitwise Will Liquidate Dogecoin ETF BWOW in October
Bitwise will halt trading in its Dogecoin ETF BWOW after October 14 and distribute cash to remaining shareholders around October 22. Here are the dates and mechanics investors need to know.
Nasdaq’s $100 Million Kraken Bet Is Really About Market Plumbing
Nasdaq Ventures’ $100 million Payward investment ties Kraken’s distribution to a Q2 2027 tokenized-equity target and a new cross-venue surveillance agreement.