DeFi
Tokenization's next use case is personalized portfolios, NYLIM executive says
Thomas Sy, head of multi-asset solutions at the $800-million asset manager, says blockchain can enable complex portfolio construction that's not yet possible in traditional finance.
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token's volumes have fallen sharply this year.
EToro invests in onchain derivatives platform Extended as brokers race into DeFi
The broker plans to bring perpetual futures into Zengo wallet and expand DeFi products to its core platform as rivals like Robinhood expand onchain offerings.
Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
The bank initiated coverage of Morpho with a $60 end-2030 price target, saying its DeFi lending and onchain infrastructure businesses are positioned to benefit from tokenization growth.
Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns
The lending protocol added 1,806 new wallets in a single day, the most since October 2021, according to Santiment. The AAVE token has risen about 20% in a week even as the broader market slides.
White House to speak with law enforcement groups to push Crypto's Clarity Act
Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicit-finance portions of the bill.
Crypto's next frontier isn't crypto, it's financing AI and robotics, Framework's Anderson says
Blockchain is becoming the financial layer for capital-intensive industries rather than just crypto-native speculation, Michael Anderson, the crypto venture firm's cofounder, said.
Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000
Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at token buybacks coming under new framework.
Does the Clarity Act have a human trafficking blind spot?
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open with two hot topics: Coinbase's SEC-registered AI agentic trading launch and tribal gaming operators' letter to Senators Thune and Schumer demanding that the CLARITY Act include a prohibition on prediction markets. Then Katie Boller Gosewisch, Executive Director of the Alliance to End Human Trafficking, joins to challenge CLARITY's Section 604, arguing that shielding DeFi developers from money-transmitter liability creates a "duty of care" gap that traffickers can exploit. Plus, Rebecca and Renato close by naming Meta as their Person of the Week for its reported move into points-based prediction markets.
Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.
