Solana regained the lead in weekly tokenized equity trading volume after 14 weeks, capturing a 31% market share. Backpack Securities and xStocks each accounted for 48% of trading volume, although xStocks dominates the issuance of tokenized equities on Solana. Weekly trading volume for tokenized commodities on the network fell 72%, from a peak of $92.5
KiiChainio has officially launched on Polygon, significantly enhancing onchain liquidity with 24/7 settlement capabilities. This announcement, surfaced by CryptoTwitter commentator @0xPolygon, signifies Polygon’s ongoing commitment to improving its ecosystem. With over $100 million already processed, this move could attract further institutional interest in the platform. What Went Down The broader crypto market is currently experiencing
ExaAILabs is leveraging Pyth Network as a market-data layer to enhance its AI capabilities, particularly in agentic search. This partnership is significant as it showcases Pyth’s growing role in providing critical data infrastructure for AI applications. The development suggests a promising trend for future collaborations in the crypto and AI space. For more details, see
D3inc’s founder, mxchaelho, emphasizes the crucial role of domain names in the evolving digital landscape, suggesting we could see over a billion domain names in the next decade. This assertion underscores the growing importance of digital identity and how platforms like Solana could facilitate this growth. The implications of such advancements could reshape interactions on
The first onchain OTC derivatives swap has been executed on the Canton network involving the S&P’s tokenized index. Trading firms DRW and Marex notably executed the transaction, while crypto firm Kaiko tokenized the index on the Canton network. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on
At the recent Solana Summit Korea, CEO of the Solana Institute, @millercwl, emphasized the growing trend of trading tokenized U.S. equities onchain. This development has emerged as one of the most compelling narratives surrounding Solana over the past 18 months. The focus on tokenized trading could significantly influence market dynamics and drive more institutional adoption
At a recent AGM, Base explored the future of tokenization, particularly focusing on lending and borrowing strategies in the crypto space. The discussion highlighted the growing interest in bringing off-chain holdings onto on-chain platforms. This could significantly reshape asset management, with implications for both retail and institutional investors. For more details, see Base’s tweet here.
WisdomTree is making waves in the crypto space as its commitment to tokenization gains traction. According to commentary from a CryptoTwitter influencer, the company has been exploring the transformative potential of tokenization for five years. This proactive approach could significantly influence how financial products are developed, aligning with the evolving needs of clients in an
THORChain’s weekly swap fees recovered to about 423,216 $RUNE-equivalent in the seven days through Oct. 11, but remained 84% below the late-September surge. The cross-chain exchange collected 2.64 million $RUNE-equivalent in Sept. 25–Oct. 1 before fees plunged to 236,815 in Oct. 2–8, according to The Defiant’s calculations from Midgard’s earnings history. That 91% decline left
Chainlink partners with DTCC to enhance collateral management systems, marking a significant shift in financial infrastructure. Dan Doney, CTO of DTCC, stated that this new mobile collateral system allows any asset to be managed across jurisdictions at any time. This innovation promises to streamline asset management and improve operational efficiencies, potentially reshaping how financial transactions