DeFi

DeFi

Finance

Katana Mainnet Goes Live as Pre-Deposits Hit $232M

Depositors will receive rewards such as randomized NFT "Krates" and a portion of KAT tokens.

CoinDesk

Finance

Trump-Linked DeFi Project World Liberty Teams With Re7 for USD1 Stablecoin Vault

The Re7 Capital partnership marks latest push to scale World Liberty's stablecoin ecosystem on BNB Chain.

Justin Sun of TRON and Zak Folkman of World Liberty Financial speak at Consensus Hong Kong 2025 by CoinDesk (CoinDesk/Personae Digital)

Finance

Newest 'Star' in Sky Ecosystem Launches With $1B Tokenized Credit Strategy

Grove will receive a $1 billion allocation from DeFi lending giant Sky to invest in tokenized collateralized loan obligations.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

Hong Kong Family Office VMS to Allocate Up to $10M to First Crypto Play: Bloomberg

VMS is looking to diversify its investment strategy, which has largely been focused on private equity.

Hong Kong city view. (Andrew Jephson / Unsplash)

Finance

Every Bank and Fintech Wants DeFi Under the Hood: Alchemy

Firms want to explore a “DeFi mullet:” compliance guardrails at the front, seamless access to DeFi tools at the back, said Web3 plumber Alchemy.

Alchemy CTO Guillaume Poncin (Alchemy)

Markets

Crypto Lenders Hold Nearly $60B of Assets as New Wave of DeFi Adoption Sweeps In: Report

DeFi protocols are expanding into tokenized real-world assets, with crypto-native asset managers playing a key role in capital allocation and governance, according to a new report.

(Christian Dubovan/Unsplash, modified by CoinDesk)

Finance

Bitcoin DeFi Project Elastos Debuts BTC-Backed Stablecoin BTCD

BTCD developer Elastos' aim is to create a digital version of the Bretton Woods system, with BTC at its core rather than gold.

Close up of two dollar notes. (engin akyurt/Unsplash)

Markets

XRP Gets Another DeFi Boost Through Flare’s FAssets and FXRP, Messari Says

Trading platform Uphold, which holds 1.8 billion XRP, is looking to integrate FXRP. Separately, NASDAQ-listed VivoPower has committed $100 million in XRP for deployment on the Flare network.

(Ozgur Coskun/Shutterstock)

Finance

CoinDesk Indices, Sentora Unveil Stablecoin Overnight Rates to Mirror Money Market Tools

The CoinDesk Overnight Rates (CDOR) convert USDC and USDT stablecoin borrowing data on Aave into daily benchmarks to support hedging and rate-based products.

U.S. dollar (Unsplash, modified by CoinDesk)

Tech

Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback

Co‑founder Tiancheng Xie revealed that Polyhedra Network is launching a buyback strategy to support ZKJ token prices after an “egregious” liquidity attack wiped out over 80% of its value.

(Shutterstock)