Category crypto

The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund. Source: Cointelegraph

Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance,” but have sacrificed some of their inherent immutability and decentralization. Source: Cointelegraph

Binance bStocks became the second-largest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks. Source: Cointelegraph

Bitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says. Source: Cointelegraph

Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million second-quarter revenue missed Wall Street estimates. Source: Cointelegraph

An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter. Source: Cointelegraph

Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence. Source: Cointelegraph

Bitwise’s Matt Hougan said he expects revenue-capture mechanisms to spread across DeFi applications and layer-1 networks over the next 12 to 24 months. Source: Cointelegraph

Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees. Source: Cointelegraph

ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market. Source: Cointelegraph