Major Institutional Moves in Digital Asset Space
Major Institutional Moves in Digital Asset Space
馃 Wall Street's Crypto Plot Thickens
Several significant developments signal growing institutional adoption of digital assets:
US Treasury Secretary Scott Bessent pledges to address blockchain and stablecoin regulatory challenges
Paul Atkins confirmed as SEC Chairman, expected to implement crypto-friendly policies
Ripple acquires Hidden Road for $1.25B, expanding prime brokerage services and RLUSD stablecoin usage
Broadridge and Fnality complete project demonstrating real-time settlement for intraday repo using tokenization
These moves suggest accelerating institutional integration of blockchain technology in traditional finance.
Learn more: Ripple's Acquisition Details
From the US Treasury Secretary鈥檚 speech to the successful collaboration between Broadridge and Fnality, both the US government and global financial institutions are leveraging tokenization to unlock greater value. Here are the key recent developments you don鈥檛 want to miss. 馃憞
Ondo Global Markets Enables Programmable Liquidity for Global Assets
Ondo Global Markets is expanding beyond basic tokenization to enable programmable liquidity for major global assets. The platform aims to transform traditional financial markets by making US securities accessible 24/7 globally and composable with DeFi applications. Key features include: - Instant settlement vs traditional multi-day clearing - 24/7 market access vs limited trading hours - Global accessibility vs regional restrictions - Programmable assets vs manual processes The platform builds on Ondo's success in tokenized US Treasuries, where they've captured 80% market share with over 15,000 users. With the US equities market at $62T and $44T in annual trading volume, Ondo sees massive potential for expansion.
RWAs Set to Power Global Trading on Aptos
Aptos is expanding its blockchain capabilities by integrating Real World Assets (RWAs) into its global trading infrastructure. This development follows the network's significant milestone of exceeding $1B in Total Value Locked (TVL) last November. Key developments: - Strategic integration of RWAs into trading systems - Enhancement of DeFi ecosystem capabilities - Focus on institutional-grade infrastructure This initiative represents a significant step in bridging traditional finance with decentralized systems, positioning Aptos as a key player in the global trading landscape.
Komainu Custody Adds Support for Ondo's Tokenized Treasury Products
**Komainu Custody** has integrated Ondo Finance's tokenized US Treasury products (OUSG and USDY) into its custody platform. Komainu, backed by Blockstream and Nomura's Laser Digital, provides institutional-grade custody for digital assets including: - UBS uMINT - Blackrock's BUIDL - Now OUSG and USDY This follows recent integration with Copper Custody, showing growing institutional infrastructure for RWAs. Current TVL for Ondo's products: - USDY: $443M - OUSG: $205M *Note: Products have specific investor restrictions and are not registered under US Securities Act.* [Learn more](https://blog.ondo.finance/komainu-now-supports-ousg-and-usdy/)
Aptos Emerges as Major Stablecoin Hub with $1B TVL
Aptos blockchain has reached a significant milestone with over $1 billion in stablecoin Total Value Locked (TVL). The Layer-1 network is positioning itself beyond traditional stablecoin functionality, focusing on enhanced money movement capabilities. - Surpassed $1B stablecoin TVL - Expanding into yieldcoin development - Partnership with Ondo Finance for innovation The platform's growth signals increasing adoption in the DeFi ecosystem, particularly in advanced stablecoin applications. [Read more about Aptos's stablecoin strategy](https://blog.ondo.finance/aptos-hits-1b-stablecoin-tvl-next-stop-yieldcoins/)