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Tether invests $20 million in Ualá in a $197 million fundraising round, continuing its aggressive expansion strategy in the Latin American market.
The stablecoin issuer Tether is reportedly invested $20 million in Argentina’s digital bank Ualá as part of its strategy to expand operations in Latin America. According to Bloomberg, the investment is part of a $197 million equity fundraising round announced by Ualá in March, led by Allianz X.

A federal grand jury indicted Benjamin Paul Wiener on 29 counts of Ponzi-scheme fraud involving cryptocurrency assets, causing approximately $20 million in damages.
A federal grand jury has indicted cryptocurrency asset investor Benjamin Paul Wiener in Sioux Falls on 29 counts, including electronic fraud, money laundering, bank fraud, and identity theft on a serious scale, according to a statement by U.S. Attorney Ron Parsons on Thursday.

T. Rowe Price launched the TKNZ fund, the first actively managed multi-token ETF, allocating 41% to Bitcoin, with a management fee of 0.75% and an initial fund size of $15 million.
T. Rowe Price’s asset manager officially entered the tokenized asset exchange-traded fund market today, launching what the company calls the industry’s first actively managed multi-token spot tokenized asset ETF. The launch comes nearly nine months after the firm submitted its initial registration application in October 2025.

Citadel Securities invests $400 million in Crypto.com, raising its valuation to $2 billion and driving expansion into tokenized securities and derivatives.
Crypto.com’s asset trading platform on Thursday announced that it had successfully raised a $400 million investment from Citadel Securities, the global market maker, thereby valuing the company at $2 billion.
According to Crypto.com’s statement, this funding is expected to support the company’s expansion across all asset classes, including tokenized securities and derivatives products, as institutional investors’ demand for real-world tokenized assets— including stablecoins and tokenized stocks— continues to grow.

Visa has announced an integrated stablecoin platform for issuance, wallets, and treasuries, supporting OUSD, USDC, and USDG, as the market reaches $30.4 billion.
Visa has just introduced a new platform that allows banks, fintech companies, and payment service providers to issue, hold, and transfer stablecoins through the company’s existing payments network.
According to a blog post on Thursday, Visa’s Stablecoin Platform, abbreviated as VSP, integrates issuance, stablecoin conversion, wallet infrastructure, and treasury management into a unified enterprise system. This enables financial institutions to avoid having to build their own blockchain while still integrating stablecoin-related activities into existing payment and settlement processes.

The U.S. Senate unanimously approved a resolution opposing the pardon of Sam Bankman-Fried, after FTX caused more than $8 billion in losses to clients.
The U.S. Senate has just announced a unified position that Sam Bankman-Fried should never receive leniency, after passing S. Res. 772 on Wednesday, stating that the founder of FTX was sentenced “in any circumstances” and therefore should not be granted a pardon or sentence reduction for a 25-year prison term.

Project Eleven introduces post-quantum cryptography techniques to help prove Bitcoin wallet ownership, protecting about 7 million BTC from the risks of Q Day.
Amid growing concerns about Bitcoin’s quantum security, security firm Project Eleven said Thursday that it has unveiled a new cryptography technique to address a key issue: enabling users to prove wallet ownership after a sufficiently powerful quantum computer can derive the private key and produce a valid digital signature.

Morgan Stanley partners with Zero Hash to roll out Bitcoin, Ethereum, and Solana trading on E*TRADE, with a trading fee of 50 basis points, expanding its digital asset strategy.
Morgan Stanley has officially launched a spot trading service for tokenized assets on the E*TRADE platform, allowing eligible customers to buy, sell, and hold Bitcoin, Ethereum, and Solana. The service is built on its collaboration with Zero Hash, a digital asset infrastructure provider, where customers’ crypto assets are held in linked Zero Hash accounts rather than being directly custodied by Morgan Stanley.

The x402 Fund has officially begun operations, bringing together 40 large enterprises to standardize payment protocols for AI agents; the market is expected to reach USD 5,000 billion by 2030.
Linux Foundation, the leading international organization in the field of open-source software development following a collaborative model, has just announced that the x402 Fund has officially entered full operational stage, taking on the role of overseeing and developing the open payment x402 protocol.

Aave launches V4 on Avalanche with a commitment of $15 million in incentives, aiming to attract $1 billion in deposits of tokenized real-world assets.
Aave Labs has just confirmed that Aave V4 is officially live on the Avalanche blockchain, marking the first time since its deployment on Ethereum that the protocol’s newly introduced “hub-and-spoke” architecture has been operated on a different network. This move is part of the plan by founder Stani Kulechov to enable real-world tokenized assets to move across the network.

BlackRock manages $60 billion in reserve assets for Circle and aims to generate $500 million in revenue from the digital asset segment by 2030.
The value of crypto assets managed by BlackRock fell to $49 billion in Q2, about 40% lower than the same period last year, as the overall crypto asset market—especially Bitcoin and Ether—deteriorated sharply compared with the higher prices of the previous year.
However, this Wall Street group’s ambition to expand its on-chain activities appears to have not been scaled back at all. BlackRock CFO Martin Small, during a business results announcement meeting on Wednesday, reaffirmed the goal of reaching $500 million in revenue from businesses related to digital assets in 2030, and outlined a strategy that shows the company’s significant demand for applying blockchain technology, tokenizing assets, and stable crypto assets.

The Ministry of Finance of the Czech Republic has blacklisted Polymarket, requiring ISPs to block access within 15 days.
The Ministry of Finance of the Czech Republic on Monday added Polymarket to the list of unlicensed online gambling websites and ordered Internet service providers to block access to the platform. The decision was made based on the country’s Gambling Act, which prohibits operators from providing unlicensed online gambling services to users in the Czech Republic.

Japan’s House of Representatives passes a law to include crypto assets in the Financial Instruments and Exchange Act, raising the maximum prison sentence for violating companies to 10 years.
Japan’s House of Representatives on Wednesday approved major revisions, officially classifying crypto assets as financial assets falling within the scope of the Financial Instruments and Exchange Act, according to a report by news agency Nikkei. This is seen as one of the biggest changes in Japan’s crypto asset policy, marking a shift in regulatory focus for crypto assets away from the Payment Services Act, which previously primarily treated crypto assets as a means of payment.

Stripe and Advent International have proposed buying PayPal at $60.50 per share, 28% higher than Tuesday’s closing price.
Payment company Stripe and private equity firm Advent International are said to have jointly made an offer to buy PayPal Holdings for a value of about $53 billion. According to Reuters on Wednesday, citing sources familiar with the matter, the offer includes around $50 billion in committed financing, to acquire PayPal at $60.50 per share, valuing the company 28% higher than the closing price of PayPal shares on Tuesday.

The Dubai Virtual Assets Regulatory Authority has approved in principle for Revolut to provide brokerage and trading services for crypto assets in the UAE.
Revolut, a financial company headquartered in the United Kingdom, has just been approved by the Dubai Virtual Assets Regulatory Authority (VARA) to provide services related to crypto assets in the United Arab Emirates.
According to a statement on Wednesday, after the UAE Central Bank gave the green light for payment activities, VARA continued to approve in principle for the company to provide brokerage-dealer, custody and investment, as well as trading services in this market. The services will be rolled out through the Revolut X app and trading platform, allowing users in the UAE to buy, sell, and hold crypto assets.

A study by Stanford and SMU found that the 5-minute Bitcoin futures prediction market caused $1.28 million in losses due to settlement price manipulation.
Researchers at Stanford University and Singapore Management University have just released findings indicating that Polymarket's 5-minute Bitcoin futures prediction market creates incentives for traders to manipulate spot prices around the time of contract settlement, thereby allowing highly skilled participants to profit while losses fall on small retail traders.

DTCC partners with JPMorgan, Goldman Sachs, and BlackRock to test tokenized stocks and U.S. Treasury bonds, aiming for large-scale deployment in October.
The Depository Trust & Clearing Corporation (DTCC), the U.S. securities clearing and settlement organization, on Wednesday launched a pilot project to test tokenized U.S. equities and Treasury bonds with the participation of nearly 40 financial institutions.

The South Korean government officially incorporates blockchain and crypto assets into the second-half 2026 growth strategy, with a new law and a pilot program for tokenized bonds in 2027.
The South Korean government has officially included blockchain technology and the crypto-asset market in the country’s economic growth strategy for the second half of 2026, marking the first time these two areas have been established as independent policy pillars rather than merely supporting content in high-tech initiatives.