📰 News: Wall Street keeps building on-chain, even in Extreme Fear
Prices fell hard this week, but here's what big institutions announced (reported Nov 12):
🔹 DTCC, the backbone of US stock settlement, plans to make eligible DTC-held securities available in tokenized form on Solana, targeting the second half of 2027
🔹 BNY will add institutional staking to its custody platform using Figment's validators, starting with Ethereum, then Solana. No launch date yet
🔹 Visa: VisaNet settlement can now use Western Union's USDPT stablecoin, issued by Anchorage Digital Bank on Solana
🔹 Securitize and Ethena launched a facility that lets holders of BlackRock's BUIDL fund swap into stablecoins outside market hours, starting with 50M USD
🔹 Tron, Tether and Chainalysis formed a task force against illicit USDT activity on Tron, targeting scams, hacks and North Korean cybercrime
Why it matters: $SOL and $ETH keep showing up as the rails big finance picks. These projects run on timelines of months and years, not daily candles.
Long-term bullish signal, or does none of this matter while prices drop? 👇
(Not financial advice)
📷 Photo: Howard Walsh / Unsplash
Prices fell hard this week, but here's what big institutions announced (reported Nov 12):
🔹 DTCC, the backbone of US stock settlement, plans to make eligible DTC-held securities available in tokenized form on Solana, targeting the second half of 2027
🔹 BNY will add institutional staking to its custody platform using Figment's validators, starting with Ethereum, then Solana. No launch date yet
🔹 Visa: VisaNet settlement can now use Western Union's USDPT stablecoin, issued by Anchorage Digital Bank on Solana
🔹 Securitize and Ethena launched a facility that lets holders of BlackRock's BUIDL fund swap into stablecoins outside market hours, starting with 50M USD
🔹 Tron, Tether and Chainalysis formed a task force against illicit USDT activity on Tron, targeting scams, hacks and North Korean cybercrime
Why it matters: $SOL and $ETH keep showing up as the rails big finance picks. These projects run on timelines of months and years, not daily candles.
Long-term bullish signal, or does none of this matter while prices drop? 👇
(Not financial advice)
📷 Photo: Howard Walsh / Unsplash
