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Fidelity’s $203 million debut puts Ethereum’s tokenized bills on $10B trajectory for 2025

Fidelity’s $203 million debut puts Ethereum’s tokenized bills on $10B trajectory for 2025

Tokenized U.S. Treasuries on public blockchains hold $7.42 billion as of September 12, 2025, with large vehicles concentratedon Ethereum-linked iss...
BlackRock is developing tokenized ETFs and real-world asset funds on blockchain systems

BlackRock is developing tokenized ETFs and real-world asset funds on blockchain systems

BlackRock is building a path to throw ETFs and real-world assets onto the blockchain, according to Bloomberg. The world’s largest asset manager is ...
Shares of Blockchain Lender Figure Surge In Early First-Day Trading

Shares of Blockchain Lender Figure Surge In Early First-Day Trading

Shares of blockchain lender Figure opened at $36, about 44% higher in first-day trading, on Thursday in the company’s initial public offering, mark...
Ethena Labs drops out of Hyperliquid’s USDH stablecoin bid citing ecosystem concerns

Ethena Labs drops out of Hyperliquid’s USDH stablecoin bid citing ecosystem concerns

Ethena Labs has withdrawn its bid to issue Hyperliquid’s USDH stablecoin after validators and community members raised concerns. In a Sept. 11 post...
Avalanche Foundation Plans $1 Billion Treasury Deals—Can AVAX Take Off?

Avalanche Foundation Plans $1 Billion Treasury Deals—Can AVAX Take Off?

The Avalanche Foundation is in advanced talks to set up two US digital asset treasury vehicles to raise roughly $1 billion that would purchase mill...
Hyperliquid’s USDH stablecoin race heats up as Native Markets takes lead amid Paxos’ proposal

Hyperliquid’s USDH stablecoin race heats up as Native Markets takes lead amid Paxos’ proposal

Hyperliquid’s decision to launch its stablecoin has sparked one of the most competitive governance battles in recent memory. Last week, the decentr...
USDe issuer Ethena Labs enters contest for Hyperliquid's USDH

USDe issuer Ethena Labs enters contest for Hyperliquid's USDH

Ethena Labs, the issuer of fast-growing stablecoin USDe, is throwing its hat into the ring to issue Hyperliquid’s upcoming USDH stablecoin, and it ...
Ethena enters USDH race supported by BlackRock BUIDL, Anchorage, Securitize

Ethena enters USDH race supported by BlackRock BUIDL, Anchorage, Securitize

Ethena Labs submitted a proposal on Sept. 9 to become the issuer of Hyperliquid’s native stablecoin USDH, joining an increasingly competitive race....
Jack Ma–Backed Ant Group Unit Leverages Blockchain for $8B Energy Asset Overhaul

Jack Ma–Backed Ant Group Unit Leverages Blockchain for $8B Energy Asset Overhaul

Ant Digital, a unit of Ant Group, has connected $8.4b worth of energy assets, including wind turbines and solar panels, to its blockchain. The post...
Fidelity Launches New Tokenized Fund as Market Nears $300B: Why Are Traders Joining Best Wallet Token?

Fidelity Launches New Tokenized Fund as Market Nears $300B: Why Are Traders Joining Best Wallet Token?

Fidelity introduced the Fidelity Digital Interest Token (FDIT), an Ethereum-based tokenized share of the U.S. Treasury securities and cash equivale...