Global Financial Giants Advance Digital Asset Initiatives

Several significant developments showcase accelerating institutional adoption of crypto and digital assets: - Robinhood CEO predicts crypto will power future financial services infrastructure - Fiserv announces FIUSD stablecoin launch using Paxos and Circle infrastructure - Federal Housing Finance Agency directs Fannie Mae and Freddie Mac to recognize crypto as mortgage-qualifying assets - HSBC completes Luxembourg's €50M digital Treasury notes issuance without traditional securities depository These moves by major financial players signal growing mainstream acceptance of blockchain-based financial infrastructure and tokenized assets.

Major financial institutions are embracing tokenization as a way to expand their reach to accredited retail investors. - JHI Advisors (partnering with Centrifuge and Anemoy Capital), UBS Asset Management, and Goldman Sachs are leading the charge with new tokenized fund offerings The trend represents a significant shift in traditional finance, making investment products more accessible through blockchain technology. *Key Benefits*: - Expanded distribution channels - Broader investor access - Streamlined investment processes This development signals growing institutional adoption of blockchain technology in traditional finance.

Key industry figures will gather at the Permissionless conference to explore the future of global financial systems and tokenization. **Panel Participants:** - Nathan Allman (Ondo Finance CEO) - Christine Moy (Apollo Global) - David Schwartz (Ripple) - Joe Cutler (Perkins Coie LLP) - Ben Strack (Blockworks) The session, titled *Rebooting the Global Financial System*, will focus on how tokenization is transforming capital markets. Ondo Finance's Head of Ecosystem, Armand Khatri, will also be present for networking and discussions about tokenized assets.

A new Artemis report examines the evolution of onchain stablecoin yields and increasing institutional adoption, with Ondo Finance playing a key role. The analysis points to a clear trend of global markets transitioning to blockchain infrastructure. Key developments: - Growing adoption of tokenized treasuries - Expanding institutional participation - Launch of Ondo Global Markets and Ondo Chain upcoming Traditional finance players are expected to take greater notice as demand increases for tokenized securities.

The U.S. Senate has approved the GENIUS Act with bipartisan support, marking a watershed moment for digital asset regulation. This first comprehensive stablecoin legislation aims to establish clear regulatory frameworks for blockchain-based dollar alternatives. Key points: - First major stablecoin regulation in U.S. history - Strong bipartisan backing in Senate - Positions U.S. as innovation-friendly jurisdiction - Supports 24/7 permissionless access to USD The bill's passage signals U.S. commitment to fostering domestic digital innovation rather than pushing development offshore.