The financial landscape of blockchain technology experienced a significant milestone when the Hong Kong Securities and Futures Commission (SFC) approved tokenized money market Exchange-Traded Funds (ETFs). Developed by HashKey and Bosera, these innovative ETFs represent a fusion of blockchain
The concept of integrating traditional financial assets like stocks into the decentralized finance (DeFi) ecosystem has recently gained significant traction. On March 28, blockchain analytics firm IntoTheBlock highlighted the potential of DeFi platforms to enable borrowing against stocks. This
World Liberty Financial, spearheaded by Donald Trump, is set to launch a dollar-pegged stablecoin named USD1. This follows the company's successful fundraising of $550 million through a separate digital token sale. The stablecoin will be fully backed by U.S. Treasuries, dollars, and other cash
In today's rapidly evolving digital economy, traditional financial systems face substantial challenges that hinder their efficiency, accessibility, and cost-effectiveness. High transaction costs, inefficiencies, and security concerns are just a few issues plaguing traditional banking
In 2025, U.S. consumers experienced unprecedented losses from bank transfers and payments, with the amount exceeding losses from cryptocurrency transactions. The Federal Trade Commission (FTC) reported that bank transfer-related fraud reached a staggering $2.09 billion, marking the highest value of
In a significant move reflecting the growing convergence between traditional finance and blockchain technology, Spirit Digital AG has launched Exchange Traded Products (ETPs) focused on Ethereum and Solana staking strategies. The ETPs, named Spirit Ethereum Yield+ ETP and Spirit Solana Yield+ ETP,
