Tokenizing private credit: rails change, credit itself doesn't
Onchain lending rails can move capital faster, but the underwriting, collateral and legal recovery behind SME loans stay stubbornly offchain, leaving a funding gap mostly intact.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
Onchain lending rails can move capital faster, but the underwriting, collateral and legal recovery behind SME loans stay stubbornly offchain, leaving a funding gap mostly intact.
The complaint alleges BitMEX operated a hidden desk that traded against users and froze servers during volatility to trigger liquidations, with plaintiffs seeking return of roughly 623 BTC.
The collapse lands as Fidelity argues AI demand is reshaping miner economics, giving hash-power infrastructure a more valuable use than block rewards.
The size of the bet is the headline, but the venue is the story: a London-based quant manager is now comfortable running nine-figure derivatives exposure natively on a decentralized perpetuals book.
B2C2's reported $1B+ ask is the headline, but the stalled talks are the real read: a top-tier institutional liquidity book is hard to price when trading volumes are weak and M&A comps in the sector…
The structural shift is bigger than any single cycle: spot Bitcoin ETFs and RWA drew the speculative bid away, and capital that once chased joke tokens is consolidating into BTC and TradFi-linked…
The bottleneck is no longer issuance. Citi's 2030 scenarios put RWA-linked DeFi TVL anywhere from $54B to $1.5T, with the spread decided by who institutions trust to price assets when the underlying…
Eight named DATs have liquidated or pledged most of their holdings as bitcoin's 50% slump from the 2025 peak forces a sector-wide reset.
Strategy alone carries $6.7B in converts and $15.5B in preferred against 843,738 BTC; bear-case math puts calendar-driven selling at 77,100–128,500 coins over two years.
The 622.66 BTC ($40.7M) plaintiffs cite is the headline number, but the allegations of an internal desk trading on frozen-server data and collateral siphoned to an insurance fund cut at trust in…
The orderly shutdown of the legacy derivatives venue shows how far exchange risk has shifted from counterparty failure to regulatory drag, with active books forced closed weeks before withdrawals…
Korea's oldest exchange becomes Digital X, a Mirae Asset-controlled platform built around real-world assets, security tokens and stablecoins rather than Upbit-style retail volume.
If the bill clears the chamber before the August 10 recess, the next stop is a House vote and, if signed, the first federal market-structure law for crypto, digital asset developer safe harbor, and…
An 11% after-hours pop is the headline, but the deeper read is Intel beating top-line by $1.7B while reversing a multi-year revenue contraction for the chip giant.
Retiring the paper is mostly cosmetic on a quoted London share count, but BTC-per-share still dropped, which is the real signal for the treasury thesis.
The prediction lands as a personal forecast from Musk, not a benchmarked industry forecast, and it does not move markets on its own, but it does shape the AGI-timeline narrative every other AI lab is…
The Signet developer is building a marketplace for stablecoin reserve deposits at smaller US lenders, betting concentration among a handful of Wall Street banks is a structural risk as the market…
The mark-to-market hit lands in the same week SpaceX's IPO filing disclosed its own Bitcoin exposure, reframing Tesla's $674M digital-asset pile against a competing public-market benchmark.
The streak is the longest in months and BlackRock's IBIT keeps leading the bid, but the cumulative pace is roughly one-fifth of the October run-up, framing this as gradual institutional positioning…
Cory Klippsten's attack lands during Twenty One's public build-out, and frames the Tether-backed BTC treasury firm as influence infrastructure rather than a pure treasury play.