A REALly large week marked by developments that are anything by routine. Rather shaped by new infrastructure, investor appetite, product, use cases, policy and more. Here's the TL;DR 🧵 👇
⛓️Tokenization
* @eToro is launching trading for tokenized U.S. equities, ETFs, and futures via ERC-20 tokens, citing regulatory progress like the GENIUS Act and MiCA
* @mufgcr_official in Japan is expanding into tokenized real estate, purchasing a high-rise in Osaka for over $680M to tokenize and sell to retail and institutional investors
🪙 Stablecoins
* @IBKR is considering launching a stablecoin and building 24/7 funding tools
* @ecb has warned U.S. dollar-pegged stablecoins could threaten eurozone monetary control
* @AllUnityStable has launches $EURAU, a euro-backed stablecoin under MiCA rules, backed by @DWS_Group @galaxyhq and @FlowTraders
* @RD_Technologies in Hong Kong has raised $40M ahead of local stablecoin regulation, partnering with #ZAbank for potential use cases
* @FalconStable has received $10M to build interoperable stablecoin solutions using USDf and USD1
🏦 Institutional Moves
* @jpmorgan and @coinbase have announced a new partnership featuring direct bank-to-wallet connections, crypto rewards via Chase points, and future credit card integrations
* ETH treasuries have accumulated over 1% of ETH supply since June, with plans to reach 10% . @StanChart anticipate $ETH treasury holds will grow tenfold
⚖️ Regulatory and Government
* @realDonaldTrump's administration has unveils a 160-page pro-crypto framework supporting #stablecoins, #tokenization, and DeFi
* The @SECGov 'Project Crypto' aims to define digital asset classes and streamline securities laws
* #Indonesia will raise taxes on crypto transactions from August
* #Algeria has fully banned all crypto activities
* The @BankofKorea launches a new division for stablecoin oversight
* The Philippines has adopted #BlockchainTechnology for verifying government documents via @Polygon
📈 Exchanges and Offerings
* @RobinhoodApp has seen a 32% increase in Q2 crypto volume ($28B), credits tokenization as a major innovation
* @krakenfx is seeking $500M in funding ahead of a 2026 IPO
* @coinbase plans to expand into tokenized stocks, prediction markets, and has added 2,509 $BTC to its holdings
🔐 Security
* An employee at @CoinDCXAssets has been arrested in India over the July $44M hack
💳 Banking & Payments
* @RAKBANKlive has become the first conventional UAE bank to offer crypto trading directly via its mobile app through a @Bitpanda integration
Read on for all 👇
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