Adam Back-backed Bitcoin treasury Future Holdings set for takeover by H100
In recent developments, adam Back-backed Bitcoin treasury Future Holdings has agreed to a takeover proposal from Sweden-listed H100 Group as it eyes expansion into Switzerland. Looking closer, market participants highlight…
Wyoming rolls out state-backed FRNT stablecoin to the public
In recent developments, wyoming’s Frontier Stable Token (FRNT) is “the first fiat-backed, fully-reserved stable token” to be issued by a US public entity, says state Governor Mark Gordon. Looking closer,…
Jupiter launches JupUSD stablecoin backed by BlackRock’s BUIDL fund
In recent developments, the Solana-native token is backed by USDtb and USDC and is designed to serve as a settlement asset across Jupiter’s DeFi stack. Looking closer, market participants highlight…
David Beckham–backed Prenetics abandons Bitcoin strategy to focus on core h…
In recent developments, prenetics halts new Bitcoin purchases after recent crypto market volatility. The company is prioritising the growth of its IM8 supplements brand. Prenetics currently holds 510 BTC and…
Kyrgyzstan Nation‑backed Stablecoin KGST Listed on Binance
In recent developments, kGST, a stablecoin fully backed by the Kyrgyz som, is now trading on Binance, marking the first CIS‑nation backed token on a global exchange. President Sadyr Japarov…
Kraken-Backed xStocks Brings Tokenized US Equities to Telegram
In recent developments, kraken-backed xStocks has launched on TON, giving Telegram users access to tokenized U.S. stocks and ETFs through the app’s wallet. Looking closer, market participants highlight key drivers…
Bhutan Launches Gold-Backed Digital Token on Solana Blockchain
In recent developments, gelephu Mindfulness City introduces sovereign gold-backed digital token TER, leveraging Solana blockchain to bring physical gold into the digital realm. Bhutan announced the launch of TER, a…
Babylon and Aave Unveil Native Bitcoin-Backed Lending for Decentralized Finan…
In recent developments, babylon Labs and Aave Labs partner to introduce groundbreaking native bitcoin collateralization in DeFi lending ecosystem. Babylon Labs and Aave Labs have announced a strategic partnership to…
Ethena’s synthetic USDe contracts sharply as dollar-backed stablecoins expand
In recent developments, ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins including USDT, USDC, PYUSD and RLUSD added billions. Looking closer, market participants…
Kraken Moves to Acquire Backed in Bid to Expand Global Tokenized Equities
In recent developments, kraken is moving to acquire Backed Finance AG, aiming to pull tokenized equities deeper into the global financial mainstream. Backed to Join Kraken as Tokenized Stock Demand…
