Key Highlights A Dubai Financial Services Authority (DFSA) report highlights that tokenizing traditional financial assets can substantially improve market access, issuer efficiency, and settlement risk across mainstream finance. Industry insights indicate that the true evolution of asset tokenization lies in the on-chain collateral utility of Money Market Funds (MMFs) and treasuries for repo and margin ...
Key Highlights Abu Dhabi-based digital asset insurer Soter offers direct balance-sheet coverage of up to $5 million, 200 BTC, or 2,000 ETH for crypto losses. The firm holds regulatory approvals from both Bermuda and Dubai, maintaining dedicated cold-storage reserves with regulated custodians to settle claims in-kind. Market demand and pricing for crime-related insurance are hardening ...
Key Highlights: Institutional holdings now represent 1.87% of XRP’s circulating supply as inflows trend to surpass the previous week’s figures. Major financial institutions, including BNY Mellon and Standard Chartered, have expanded corporate payments and custody integration for XRP. Despite price drops below $1.25, fundamental network metrics across XRPL—including stablecoins, tokenized RWAs, and ETP assets under ...
Key Highlights Standard Chartered analyst Geoffrey Kendrick warns that cryptocurrency selling pressure triggered by the Binance attack may persist. Market stabilization hinges on revealing full details of the security incident and clarifying the status of frozen assets. The fallout could accelerate adoption of decentralized exchanges, reinforcing the bank’s long-term $100 price target for Uniswap (UNI) ...
Key Highlights: The cryptocurrency market faced widespread declines following an unprecedented security incident at Binance affecting roughly $6.3 billion in assets. Bitcoin fell over 3% to approximately $77,400 after briefly touching $76,000, triggering $1.5 billion in market-wide futures liquidations. Binance indicated that a compromised engineer’s laptop may have enabled the unauthorized withdrawals, while former CEO ...
Key Highlights: Anchorpoint leadership emphasizes long-term sustainability over an accelerated rollout, stating that rushing to market does not make sense. The initiative stems from a partnership between Standard Chartered, Animoca Brands, and HKT, initiated after their participation in Hong Kong’s stablecoin issuer sandbox. The developments follow HSBC’s rollout of its Hong Kong dollar-backed RedCoin to ...
Key Highlights: Institutional custody models now account for more than 30% of digital assets outside of centralized exchanges, according to Boston Consulting Group (BCG). Major financial institutions are shifting away from outsourced services toward licensed self-custody infrastructure, tokenization, and multi-custodian orchestration layers. Standard Chartered has introduced institutional Ripple USD ($RLUSD) custody via its Dubai branch, ...
Key Highlights: Standard Chartered has secured regulatory approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer cryptocurrency trading to wealthy retail clients. Trades are executed via Zodia Markets, an institutional crypto platform backed by the banking giant’s innovation unit, SC Ventures. The offering is restricted to qualified professional investors in the UAE and ...
Key Highlights: Standard Chartered has postponed its forecast for the stablecoin market to reach $2 trillion until 2030, even as transfer volumes surge. While circulating supply grew only 6% in a year to approximately $303 billion, monthly transfer volumes climbed dramatically to roughly $10 trillion in 2026. Regulatory shifts, including the impending GENIUS Act, could ...
Key Highlights: Standard Chartered has rolled out a direct cryptocurrency trading service for affluent clients in the United Arab Emirates. Eligible professional investors can trade spot bitcoin (BTC) and ether (ETH) directly through their existing bank accounts using a closed-loop custody system. The offering operates via SC Ventures-backed Zodia Markets and has obtained regulatory licensing ...
Key Highlights Thirteen emerging startups have been selected to build next-generation applications on the XRP Ledger (XRPL), covering payments, artificial intelligence, credit, and trade documentation. Ripple’s dollar-pegged stablecoin, Ripple USD ($RLUSD), plays a central role across multiple solutions, including e-commerce settlement and collateralized borrowing. Surging agentic AI transactions and institutional developments—including initiatives with Standard Chartered, ...
Key Highlights: Santiment’s analysis reveals that the growth of Ripple’s stablecoin, RLUSD, does not directly correlate with price increases for XRP. Financial institutions can leverage RLUSD across multiple blockchains for payments and collateral without needing to buy or hold XRP directly. Long-term XRP valuation depends primarily on institutional XRP Ledger (XRPL) transaction activity, liquidity growth, ...