I’ve been watching sovereign CBDC moves, and the headline is Saudi Arabia’s exit from the China‑backed mBridge project, FT reports. The consortium fell from five to four members, trimming the projected annual cross‑border volume from $2 billion to roughly $1.6 billion – a 20 % drop that highlights lingering geopolitical risk. The pilot had already processed $300 million in test transactions, underscoring the scale of the setback 🚀.
Ondo now lets institutions swap traditional stocks for tokenized shares instantly, and tokenized equity issuance topped $200 million last quarter – a 35 % rise YoY. At the same time, Circle launched a Bitcoin‑backed USDC borrowing line with a $1 billion credit facility at 4.5 % APR, giving firms direct leverage on‑chain. Analysts estimate this could unlock $1 billion of additional liquidity by year‑end 📈.
The Crypto PAC is spending $30 million to block Senator Sherrod Brown in Ohio, marking its second major state push. Meanwhile Bitcoin rose 2 % to $27,000 and Ethereum gained 1.5 % to $1,800, showing market resilience despite political pressure. I’m confident these trends will shape my clients’ strategies for the next quarter 💸.
$KERNEL, $FORM , $KERNEL
Ondo now lets institutions swap traditional stocks for tokenized shares instantly, and tokenized equity issuance topped $200 million last quarter – a 35 % rise YoY. At the same time, Circle launched a Bitcoin‑backed USDC borrowing line with a $1 billion credit facility at 4.5 % APR, giving firms direct leverage on‑chain. Analysts estimate this could unlock $1 billion of additional liquidity by year‑end 📈.
The Crypto PAC is spending $30 million to block Senator Sherrod Brown in Ohio, marking its second major state push. Meanwhile Bitcoin rose 2 % to $27,000 and Ethereum gained 1.5 % to $1,800, showing market resilience despite political pressure. I’m confident these trends will shape my clients’ strategies for the next quarter 💸.
$KERNEL, $FORM , $KERNEL