Ondo Finance is urging the U.S. Securities and Exchange Commission (SEC) to delay a proposed rule change from Nasdaq that would allow for the trading of tokenized securities. In a letter submitted Wednesday, the …
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- DeFi Market
Ondo Finance Urges SEC to Delay Nasdaq Tokenization Plan Over Transparency Concerns
by adminby adminThe DeFi firm warns that key details about tokenized settlement remain undisclosed, raising questions about market fairness. Ondo Finance has published an open letter to the U.S. Securities and Exchange Commission (SEC) asking it …
Ondo Finance urged the US Securities and Exchange Commission (SEC) to delay or reject Nasdaq’s proposal to trade tokenized securities, saying it lacks transparency and could give established market players an unfair edge. In …
Japan’s three largest banking groups are reportedly planning to jointly launch a stablecoin as institutional interest in blockchain-based digital money grows. According to a Friday report from the Nikkei, Mitsubishi UFJ Financial Group (MUFG), …
In brief Volatility Shares has filed to launch crypto ETFs that would give investors amplified exposure to Bitcoin, Ethereum, Solana, XRP, and various stocks. Such ETFs use leverage to maximize returns for investors. But …
- DeFi Market
Britain’s financial watchdog unveils $19tn plan to make UK ‘world leader’ in tokenisation – DL News
by adminby adminThe regulator unveiled a blueprint to modernise the asset management industry through blockchain. The FCA says blockchain-based funds could cut costs, boost competition, and widen access for investors. The United Kingdom is betting big …
Ripple appears to be preparing one of its most ambitious experiments through a $1 billion digital-asset treasury (DAT) designed to accumulate and manage XRP as a long-term reserve. According to a Bloomberg report, the …
Steak ‘n Shake Dumps Ethereum Payments Plan After Pushback From Bitcoin Maxis
In brief Steak ‘n Shake will not accept Ethereum payments despite community members voting in favor of accepting ETH. The restaurant franchise started accepting Bitcoin payments in its locations across the United States in …