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Finance

Galaxy Digital Said to Plan Its Own Tokenized Money Market Fund

Galaxy’s tokenized fund will ultimately be available on the Ethereum, Solana and Stellar blockchains, said a person familiar with the plans.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Finance

Avalanche Foundation Adds U.K. Lawmaker Chris Holmes to Board

Holmes, who sits in the House of Lords, will help guide Avalanche’s growth and accessibility efforts.

Avalanche token

Finance

ORQO Debuts in Abu Dhabi With $370M in AUM, Sets Sight on Ripple USD Yield

With licenses held in Europe and now expanding in the Middle East, the firm aims to become a global on-chain asset manager.

Nicholas Motz, CEO of ORQO Group (ORQO)

Finance

Minnesota Credit Union to Launch Stablecoin; Claims to Be First in U.S.

St. Cloud Financial Credit Union's upcoming token highlights how smaller financial institutions may tap stablecoins to be competitive following U.S. regulatory clarity.

Minnesota sign

Markets

Stablecoin Retail Transfers Break Records in 2025, Hit $5.8B in August

Retail transfers under $250 are at all-time highs, with BSC and Ethereum mainnet gaining ground as Tron falls, according to a fresh report by CEX.io.

Stabelcoin transfers under $250 dollar (Visa/Allium)

Finance

Crypto Oracle Firm RedStone Acquires DeFi Credit Specialist Credora

The acquisition combines RedStone’s real-time market data with Credora’s DeFi credit ratings expertise.

RedStone Oracles co-founders Jakub Wojciechowski and Marcin Kazmierczak (RedStone)

Finance

'NFTs Turned Out to Be a Fad,’ Says Kevin O’Leary as He Buys $13M Collectible Card

The Shark Tank investor sees NFTs as a "fad," reveals investment thesis in high-end physical collectibles.

Kevin O'Leary (CoinDesk)

Tech

Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

The project is one of over 30 layer-2 networks working to scale Ethereum.

DeFi networks are global. (NASA/Unsplash)

Policy

Crypto Exchange OKX Fined $2.6M in Netherlands for Failing to Register With Dutch National Bank

The company offered crypto services in the Netherlands from July 2023 to August 2024 without the legally required registration.

OKX trading app on a mobile phone (CoinDesk)

Tech

Bitcoin Token Protocol BRC20 Enables EVM-Style Smart Contracts With 'BRC2.0'

BRC20 is a token standard for issuing fungible tokens on the Bitcoin blockchain via the Ordinals protocol

(Dynamic Wang/Unsplash)