HashKey Group said on Sept. 2 that it had joined the Depository Trust & Clearing Corporation’s Digital Assets Advisory Services Industry Working Group, becoming its first Asian digital asset service provider. The Hong Kong based company will participate in discussions about how tokenized securities can be issued, transferred, settled and safeguarded through institutional market infrastructure.
SHEIN, the world’s largest online fashion retailer, is making waves by launching its tokenization initiative on Solana’s blockchain. This move allows SHEIN to issue a native utility token that enhances customer engagement through rewards and payment systems. Notably, this integration could set a new benchmark for how retail giants utilize blockchain technology in their operations,
Koscom, a major South Korean financial technology company, has signed a memorandum of understanding with Hyundai Motor Securities to jointly develop and operate a tokenized securities platform. The agreement, announced on September 2, aims to establish shared infrastructure and a service system to support the issuance and management of tokenized securities, ahead of the country’s
Nancy Beaton, President of the US for digital asset platform Uphold, said traditional banking is in the middle of a structural move toward blockchain infrastructure, and argued that partnerships between companies like Ripple and Uphold are what will actually carry the financial system there. “There’s no question that the traditional banking system and financial system
Robinhood Chain revenue from applications totaled between $2.66 million and $2.82 million over a rolling 24-hour window early on Sept. 1, creating an eye-catching measure of network activity with no disclosed bridge to Robinhood’s corporate accounts. DefiLlama tracks application revenue, chain revenue and chain fees as separate layers. Its dashboard showed $963,612 of chain revenue
Three blockchain networks stopped producing blocks within four days. Each blockchain halt used different emergency powers, and Cronos alone also replaced part of its canonical history. Cronos said validators halted the network by consensus after an exploit affected Tectonic, restored the chain to state from before the incident, and resumed production from block 90,896,189. The
Flint’s recent launch on Frontier Traders marks a significant step for Solana in optimizing market-making efficiency. This integration allows market makers to streamline their operations without the need to develop Solana-specific infrastructure. Given that Solana leads all chains in on-chain volume, the implications of this launch could attract more liquidity to the platform. For more
$BNB Chain, celebrating its 6th birthday today, has established itself as the largest chain for tokenized equities. This milestone signifies its significant growth trajectory in the competitive blockchain landscape. As highlighted by the tweet from @MessariCrypto, the chain’s dominance in this sector is a testament to its robust infrastructure and community support. Looking forward, this
Tokenized stocks are blockchain-based representations of shares or economic interests linked to publicly traded companies. Instead of ownership being recorded only inside conventional brokerage and securities databases, some or all of the position can be represented by a digital token that moves across blockchain infrastructure. That does not mean Apple, Nvidia or another company suddenly
Chainlink has launched a groundbreaking service called DataLink, which provides continuous foreign exchange (FX) data for major and emerging currencies, including the Indian Rupee. This service is particularly significant as it supports 24/7 pricing, reflecting the growing importance of India’s FX market. As global markets increasingly operate around the clock, this innovation enhances access for