JPMorgan Chase, Bank of America, Citigroup and Wells Fargo are developing a shared tokenized deposit network that could bring round-the-clock blockchain payments to the regulated US banking system. Four US banks move tokenized deposits onto one network The Clearing House, a payments company jointly owned by major commercial banks, will operate the planned network. It
Tokenized asset specialist Ondo Finance ONDO$0.4037 has abandoned plans to build a conventional layer-1 blockchain, instead introducing a trading network it says is better suited for the next wave of onchain financial assets. Dubbed Ondo Network, the system marks a shift from the company’s February 2025 vision for Ondo Chain, a blockchain for institutional finance
Tokenization is breaking new ground — this time inside a luxury car manufacturer’s balance sheet. Lotus Technology Inc. (Lotus Tech), the maker of high-end sports cars and electric vehicles, has quietly entered an exploratory collaboration with tokenization infrastructure provider Finloop and digital payment firm FOMO Pay. According to the original press release, the three parties
Base, the layer-2 network developed by Coinbase, has introduced Base Verify Onchain, an on-chain identity feature designed to mitigate Sybil attacks across the blockchain ecosystem. The announcement, made via Base’s official X account, confirms that the feature is currently live on the Base Sepolia testnet. By leveraging social and Coinbase account verification, the tool aims
Rand Hindi, CEO of the fully homomorphic encryption firm Zama, said the company reached 1,000 confidential transfers per second on GPUs, a self-reported benchmark he described as a milestone for the privacy technology. Fully homomorphic encryption, or FHE, lets computations run on encrypted data without decrypting it, a method Zama applies to confidential token transfers
TL;DR: $IOTA is now connected to Pyth Pro, Pyth’s institutional-grade price feed infrastructure, with lower latency, 3,000+ feeds. Part of a network-wide shift by Pyth, not $IOTA-specific. Developers on Pyth Core must migrate by August 18 or feeds stop working. A major upgrade in the price feed infrastructure of Pyth, the decentralized oracle network, is
DTCC Reveals $1.2T Daily Treasury Clearing Progress as Ripple’s Market Presence Grows The U.S. Treasury market’s shift to mandatory central clearing is rapidly moving from preparation to implementation, with the latest update from the Depository Trust & Clearing Corporation (DTCC) highlighting significant industry progress. In a post on X, DTCC revealed that more than $1.2
The Ondo Network is a new execution layer built by Ondo Finance, the real-world-asset tokenization company. It is designed to process trades at the speed of a centralized exchange while keeping settlement non-custodial and verifiable onchain. Ondo Finance calls it the evolution of Ondo Chain, the blockchain the company first announced in February 2025. The
Robinhood Chain activity has quickly shifted toward pons.family as the launchpad becomes the largest token creation and trading platform on the network. Looking at Dune data, pons.family beats every other platform when it comes to volume, trades, and even the number of active wallets. pons.Family Growth is in a long-term adoption test. The Robinhood Chain
Velo, a renowned blockchain protocol for user-friendly digital asset services, has announced a new upgrade for its self-custodial wallet, Orbit Plus. In this respect, Velo is unveiling a series of exclusive features that focus on enhancing user convenience, platform engagement, and account protection. As per Velo’s official social media announcement, this upcoming update is set