Latest digital asset analysis

The $10B hammer, the yield ban, and 401(k)

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179: Wall Street pushes back

Qivalis hits Europe’s 37 Banks

Qivalis, the Amsterdam-based banking consortium building a regulated euro stablecoin, added 25 banks on Wednesday, pushing its membership to 37 institutions across 15 countries.

SEC will let DeFi trade stocks

The SEC is about to legalize the most disruptive shareholder-rights workaround in nine decades. This week, SEC Chair Paul Atkins is expected to release the agency's Innovation Exemption, a 12-to-36-month sandbox.

the Binance ETF

In May 2026, VanEck and Grayscale filed amended S-1 registrations for spot BNB ETFs on the same day.

BCG's new digital asset playbook

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moody's just rated an ERC-20

On 13 May 2026, Fidelity International publicly introduced FILQ (Fidelity USD Digital Liquidity Fund), a yield-bearing, fully digital USD liquidity fund issued through Sygnum Bank's Desygnate tokenization platform.

178: Moody’s AAA for an ERC-20

Circle isn't a stablecoin company anymore

On May 11, 2026, Circle released its Q1 2026 report and it was more than just the revenue. Circle is evolving more than a stablecoin company.

BlackRock's stablecoin loophole

On May 8, 2026, BlackRock filed two SEC registration statements that quietly collapsed the line between traditional finance and crypto. One turns a $7B Treasury money market fund (TFFXX) into a live token on Ethereum. The other launches a crypto-native Treasury vehicle that pays roughly 4% yield, accrued daily.

Russell 1000 goes on-chain

On May 4, 2026, the DTCC publicly advanced DTC's native tokenization service, and announced its commercial launch in October.

177: DTCC's $20T October debut

The $320B stablecoin loophole just closed

Senators Tillis and Alsobrooks dropped the Section 404 compromise for the CLARITY Act. And, it is good news for crypto-native companies.

176: the disruptors are paying rent

broadridge's land grab

On April 28, 2026, Ondo Finance integrated Broadridge's new Web3-enabled ProxyVote platform across its tokenized stock and ETF catalog.

western union goes solana

On the Q1 2026 earnings call, CEO Devin McGranahan announced that USDPT, a federally-regulated U.S. dollar stablecoin issued by Anchorage Digital Bank on Solana, will go live in May.

Morgan Stanley just captured crypto's yield

On April 23, 2026, Morgan Stanley launched the Stablecoin Reserves Portfolio (MSNXX). It’s a money market fund holding cash and U.S. Treasuries (under 93 days), charging a 0.15% fee with a $10M minimum.

The $196M hole Aave didn't code

This weekend, $6.28B walked out of Aave in under 24 hours. Aave is the biggest lending protocol in DeFi, with $26B in deposits.

175: Stress test of DeFi

wall street is tokenizing itself

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