KPMG U.S. issued an unqualified opinion on Tether's full-year 2025 financial statements, its first complete audit. The review found reserves exceeded liabilities by $6.814 billion at year-end.
The U.S. Securities and Exchange Commission postponed a Friday meeting where it planned to propose Regulation Crypto, its first major digital-asset rule. The agency cited an unforeseen scheduling issue and set no new date.
RWA vs traditional assets: tokenized assets settle faster, start at $100, and plug into DeFi, while traditional markets lead in liquidity and legal precedent.
Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion in cash and equity, adding bitcoin income exchange-traded funds to its lineup. The deal is expected to close in the first quarter of 2027, pending regulatory approval.
SEC Opens Franklin's Traditional Funds to Its Onchain BENJI Fund
The SEC's Division of Investment Management issued a no-action letter on 12 August 2026 letting Franklin Templeton's registered funds hold shares of its onchain money market fund. The staff position frees those funds from physical-vault custody rules under the Investment Company Act of 1940.
Securitize shares fell 20% in after-hours trading on 12 August 2026 after second-quarter revenue reached $14.4 million, down 5% from a year earlier and below the $20.6 million analysts expected. The tokenization firm posted a net loss of $21.7 million.
The Blockchain Association filed a Supreme Court amicus brief on 12 August 2026 backing Custodia Bank's challenge to the Federal Reserve's denial of master account access. The Kansas City Fed must respond to Custodia's petition by 11 September 2026.
Itaú, Latin America's largest bank, has joined a tokenization pilot with digital-asset firm OpenAssets. The initiative tests how fixed-income securities and investment funds can be issued, traded, and settled on distributed-ledger technology within Brazil's ANBIMA program.