Ondo Finance has expanded the availability of its yield-bearing stablecoin, $USDY, to $BNB Chain. The move brings a tokenized version of U.S. Treasury bills and short-dated government bonds to one of the largest blockchain ecosystems by total value locked, giving $BNB Chain users a regulated avenue for earning yield on dollar-pegged assets. $USDY: A Tokenized
Wells Fargo, the fourth-largest U.S. bank by assets, is preparing to introduce a blockchain-based deposit token service for its corporate and commercial clients this fall, according to an exclusive report from The Wall Street Journal. The initiative marks a significant step in the bank’s digital asset strategy, leveraging its in-house blockchain platform to offer tokenized
Crypto infrastructure firm BitGo (BTGO) is set to replace LayerZero with Chainlink as the exclusive cross-chain provider for wrapped bitcoin (WBTC). The move pushes the value covered by announced LayerZero-to-Chainlink migrations to nearly $15 billion. The move forms part of a migration wave that started following the $292 million exploit of Kelp DAO’s LayerZero-powered bridge
SodaBot, an independent entity for AI agent routing, has collaborated with Matrix Chain, a $BNB Chain-based AI-centered blockchain infrastructure entity. The partnership is set to boost AI-powered execution across advanced decentralized ecosystems. As per SodaBot’s official X announcement, the initiative merges its cognitive execution model with the execution rollup framework of Matrix Chain. Hence, the
NEXT has shipped v5.9.2 of the NeoLine Chrome extension wallet, adding signing-transparency features that show users key details of a transaction before it is confirmed. Changes impacting the Neo X-side of the user experience include: Permit request details, including spender address, approved amount, and expiry date, are now displayed before the user confirms. Estimated balance
BNY has tapped crypto financial services firm Galaxy (GLXY) to add staking capabilities to its digital asset custody platform, the companies announced Tuesday. The new service will allow institutional clients to stake digital assets held in custody through BNY’s platform, pending regulatory approval. Galaxy will provide the staking infrastructure while also serving as a design
NeoPod will host an AMA with Alex Scoresby, founder of Pixudi, on Aug. 5 at 1:00 p.m. (UTC) in the NeoPod Discord server. The conversation is expected to cover Scoresby’s background, his vision for Pixudi, and upcoming plans. Scoresby has been building games on Neo since 2023 and has participated in Centre Point events, placing
Wells Fargo is set to roll out tokenized deposits for corporate and commercial clients this fall, joining a wave of major banks using blockchain technology to modernize payments and settlement services, the Wall Street Journal reported Tuesday. Advertisement The offering will initially support US dollar and British pound deposits for cross-border transactions, allowing customers to
J.P. Morgan has become one of the largest institutional players moving financial assets onto a public blockchain, with tokenized money market funds on Ethereum now totaling $900 million in combined onchain assets under management. The scale of this investment is drawing attention across the crypto industry, not because it’s flashy, but because it represents one