Don’t Just Tokenize Assets, Build The Institutions To Back Them

Opinion by: Alex Zhang, co-founder at Pharos Tokenizing real-world assets (RWAs) is not a self-contained solution to traditional finance problems. To claim such a thing would be one-dimensional. As it stands, RWA tokenization is under immense pressure to perform despite showing clear value and signs of progress.  Despite its progressive trajectory, the criticism leveled at…

Michael Saylor’s MSTR Holds Onto Premium Amid Waning Sentiment. Can Others Do the Same?

As bitcoin treasury companies continue to struggle with tumbling share prices and rapidly slowing bitcoin accumulation in a tightening market, many are now trading below a 1x multiple to their net asset value (mNAV). In other words, for these “pure play” treasury holders (i.e., excluding miners like MARA Holdings and broader crypto platforms such as…

JPMorgan To Allow Bitcoin, Ether Collateral For Institutions: Report

Investment banking giant JPMorgan Chase is reportedly planning to let clients use Bitcoin and Ether as collateral for loans, signaling Wall Street’s continued move toward embracing digital assets. The initiative would allow JPMorgan’s global clients to borrow against their Bitcoin (BTC) and Ether (ETH) holdings, according to a Bloomberg report published Friday, citing people familiar…

Don’t Just Tokenize Assets, Build The Institutions To Back Them

Opinion by: Alex Zhang, co-founder at Pharos Tokenizing real-world assets (RWAs) is not a self-contained solution to traditional finance problems. To claim such a thing would be one-dimensional. As it stands, RWA tokenization is under immense pressure to perform despite showing clear value and signs of progress.  Despite its progressive trajectory, the criticism leveled at…

Will HYPE Price Go Even Higher After Robinhood Listing?

Key takeaways: HYPE breaks out above key resistance, eyeing a 40% move toward $56.50 by November. A drop below the 200-day EMA could invalidate the bullish setup and push the price toward $32–$34. HYPE, the native token of decentralized exchange Hyperliquid, jumped over 13% a day after listing on US-based trading platform Robinhood; it was…

Ferrari to launch digital token for its top fans

Today in crypto, Ferrari is deepening its crypto push with a new digital token for its top clients, Rumble teams up with Tether to add Bitcoin tips for content creators. Meanwhile, Crypto.com applies for a US trust bank charter license. Ferrari to launch digital token to let fans bid on its Le Mans-winning race car…

Ferrari to launch digital token for its top fans

Today in crypto, Ferrari is deepening its crypto push with a new digital token for its top clients, Rumble teams up with Tether to add Bitcoin tips for content creators. Meanwhile, Crypto.com applies for a US trust bank charter license. Ferrari to launch digital token to let fans bid on its Le Mans-winning race car…

Ripple Closes $1.25 Billion Hidden Road Acquisition

Ripple has closed its acquisition of non-bank prime broker Hidden Road and rebranded it as Ripple Prime, marking one of the company’s most significant deals to date and substantially expanding its operations beyond the digital assets sector. Ripple said it is now the first crypto company to own and run a multi-asset prime broker, covering…

Ether ETFs Log Second Week of Outflows as Bitcoin ETF Inflows Surge

Spot Ethereum exchange-traded funds (ETFs) have logged two straight weeks of outflows amid cooling investor sentiment after months of strong inflows. According to data from SoSoValue, Ether (ETH) products collectively posted $243.9 million in net redemptions for the week ending on Friday, following the previous week’s $311 million outflow. The latest data brings cumulative inflows…

Bank of England Probes Data Mining Lending Fueling AI Bets

The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said. The UK’s top bank has already been examining market risks that could arise if AI companies fail to meet lofty valuations, warning that many could come crashing down in…