70 stories mentioning it. Newest first.
The 5-gigawatt DSX pipeline and Texas flagship site are the real story — the warrants price in Nvidia's conviction that IREN's pivot from Bitcoin mining to AI compute is the real thing, not a relabel.
A $2.1B equity option for NVIDIA and a 2GW Sweetwater anchor turn a bitcoin miner into an AI infrastructure name — Bernstein's $100 target implies 76% upside from Thursday's close.
The bitcoin miner-turned-AI operator upsized a $2B raise to nearly $3B in three days — one of the sector's largest converts, with proceeds funding Nvidia-backed GPU and data center buildout.
Tokenized shares of Apple, Tesla, and commodities like oil and gold are now usable as margin on a 24/7 perp venue, a structural step for real-world assets meeting on-chain derivatives.
A 2.6x raise to the FY AI cloud revenue target, anchored by $2.8B in fresh contracts, turns the company's GPU pivot into the headline rather than the side bet.
A tokenized stock is usually a structured note, not a share. You get the price exposure but not the share itself, and that gap hides issuer, redemption, and legal risks most users miss.
Tokenized treasuries are regulated fund interests with daily NAV. Tokenized real estate is usually an SPV claim with appraisals and lock-ups. The risk surfaces barely overlap.
Ondo Finance tokenizes US Treasuries into USDY and OUSG, gated to verified investors. Here's how each product differs and what ONDO the token actually does.
USDe pays double-digit yield by going long spot crypto and shorting the same coin's perpetual futures. It works — until funding flips negative.
Ethena's USDe pays yield through ETH perp funding rates, not bank deposits. The mechanism is clever but the trade has real failure modes that can collapse headline APY.
A large ETH withdrawal into staking offers a rare signal of commitment, but rising Treasury yields and fresh protocol risk make yield quality the real test.
Aave is one of DeFi's biggest lending protocols — a place where you can earn yield on assets or borrow against them with no bank involved. Here is how it works.
RWA listings now claim one in five CEX slots, ETF flows turn after eight weeks of bleeding, and a Hedera oracle exploit reminds the market what utility actually costs.
LEO is Bitfinex's exchange token, but it doubles as a credit claim on the firm. Here's what holders actually get and what they don't.
Tokenized money market funds are regulated fund shares with floating NAVs, while stablecoins are payment tokens pegged to $1. The legal wrapper changes everything.
BoA scales digital assets, Bitmine targets 5% of ETH, and long-term holders distribute into a stalled tape. The institutional tape tells one story.
Strategy and MARA kept buying, but ETF outflows, a BOJ tightening shock, and thinning DEX volume suggest the structural bid is narrower than the price action implies.
DTCC tokenization, a $96M ETH ETF day, and a quiet CPI miss collide with stablecoin margin compression and a $23M RWA exploit.
Sky backs its dollar with crypto collateral; Ethena earns it with perpetual futures; Frax tried a middle path and nearly collapsed. Here is how each model works and where each one breaks.
Whales pulled $478M of ETH off exchanges as oil spiked and Bitcoin slid under $64K on Iran strikes, exposing a diverging risk read between the two majors.
TheBlock
CoinDesk
CoinTelegraph
Marco De Santis
Alex Morgan