๐ #RWA JPMorgan Chase & Co. is developing a new service to tokenize carbon credits and is partnering with a trio of carbon companies for an initial trial. bloomberg
A carbon credit represents one ton of CO2 emissions that have been removed from โ or not added to โ the atmosphere, typically generated from forestry or renewable energy projects.
A carbon credit represents one ton of CO2 emissions that have been removed from โ or not added to โ the atmosphere, typically generated from forestry or renewable energy projects.
๐บ๐ธ๐ #macro ADP Nonfarm Employment (June): -34k (pre: 37k)
๐ฎ๐น๐ฆ Italian banking group Banca Sella is internally testing cryptocurrency storage services for a small group of employees in partnership with Fireblocks. bloomberg
๐ While #USDT leads the stablecoin market in terms of market cap, #USDC currently processes more than double the on-chain volume. #stablecoin
๐๐ #SOL #ARB #RWA Major exchanges like Bybit, Kraken, and Robinhood have launched asset-backed on-chain stock products on Solana and Arbitrum, primarily targeting global (non-US) users.
Compared to the previous wave led by FTX, Binance, and Mirror Protocol, the new generation of tokenized US equities focuses more on compliance, 1:1 real-asset backing, and integration with DeFi. wublock
Compared to the previous wave led by FTX, Binance, and Mirror Protocol, the new generation of tokenized US equities focuses more on compliance, 1:1 real-asset backing, and integration with DeFi. wublock
๐ง๐ช๐ฆ KBC Bank, one of Belgium's largest banks, plans to allow retail customers to invest in #BTC and #ETH through its Bolero platform, pending regulatory approval this fall. cointelegraph
๐จ๐ณ๐ #BTC Addentax has signed a non-binding term sheet with an independent BTC holder intending to acquire up to 12,000 BTC
๐ป๐ณ๐บ๐ธ Trump said he made a trade deal with Vietnam. #tradewars
Media is too big
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๐ฃ #RWA SEC Chair Paul Atkins calls tokenization a powerful innovation and affirms the agencyโs commitment to driving its advancement.
๐บ๐ธ๐ #macro Bessent: The Fed may cut interest rates in September or "sooner". I think the key point is that rates have not triggered inflation.
๐๐ #BTC Glassnode Report: Hodling appears to be the dominant market mechanic by multiple metrics, with realized profit taking declining, activity continuing to decline, and the supply of long-term holders rising to a new ATH.
Stablecoin purchasing power remains broadly neutral, suggesting that the market views the current price level as being in relative equilibrium. In addition, institutional demand for regulated exposure to BTC remains robust, with steady and significant inflows.
Stablecoin purchasing power remains broadly neutral, suggesting that the market views the current price level as being in relative equilibrium. In addition, institutional demand for regulated exposure to BTC remains robust, with steady and significant inflows.