BlockBooster

Next-era alternative asset management firm for the digital age.

[BlockBooster @0xBlockBooster]

https://t.co/jOR8rQT5Az

[BlockBooster @0xBlockBooster]

https://t.co/LNiOjGJiMs

[BlockBooster @0xBlockBooster]

https://t.co/S9MTdIhL7v

[BlockBooster @0xBlockBooster]

Bitcoin dominated the collateral behind Ethena’s institutional loans.

Our research examined institutional lending as another income source for USDe reserves. The dashboard adds a view of the collateral supporting that lending allocation.

The November 11 snapshot showed:
• $660M in total lent exposure.
• 147.6% collateral coverage.
• 94.44% of collateral in BTC.

These figures cover the institutional lending dashboard overall. They don’t establish how much of the FalconX facility has been drawn.

Loan income diversifies returns beyond funding-rate carry. With collateral concentrated in BTC, collateral top-up requirements and liquidation timing remain part of the credit assessment.

Read the full article in the first reply.

[BlockBooster @0xBlockBooster]

Encrypted order flow gives DEXs a way to compete for institutional trades.

This lets institutions keep trade instructions private until transaction ordering is fixed.

Executed trades remain verifiable onchain.

[Aptos @Aptos]

Institutional privacy starts before a transaction is finalized.

By default, pending transactions are public on Aptos and most networks. For users and traders, and especially institutions placing large orders, that's where MEV risk shows up.

Encrypted Mempool adds a choice.

[BlockBooster @0xBlockBooster]

@avax @WSJ @NYSE Issuers could use different blockchains and still reach the same trading venue through shared settlement.

[BlockBooster @0xBlockBooster]

@avax Congrats. Keeping the matching engine and upgrading settlement gives exchanges a practical way to adopt blockchain.

[BlockBooster @0xBlockBooster]

NYSE is choosing Avalanche to settle tokenized stocks.

@NYSE confirmed @avax as the ledger technology for the clearing firm of its planned tokenized-securities platform. Launch remains subject to regulatory approvals.

NYSE cites predictable costs and control over participation among its requirements.

Lynq is a settlement network for financial institutions, built with technology from Tassat. After migrating it from a private Ethereum network to a permissioned Avalanche network, Tassat reported:

• 50% lower infrastructure costs.
• Processing time for selected workflows fell from 82 seconds to 45 seconds per 100 payments.

The planned venue will keep Pillar for order matching and support equities issued on different blockchains. Avalanche will provide the ledger that records and settles those trades.

[BlockBooster @0xBlockBooster]

https://t.co/B0uj9TvBjp

[BlockBooster @0xBlockBooster]

Cross-chain bonds can keep the same investor eligibility rules.

The Apex and Chainlink demonstration reuses ERC-3643 identity and transfer rules across networks.

That could spare issuers a separate compliance implementation for each distribution chain.

[Chainlink @chainlink]

NEW: @ApexGlobalGroup, @trex_network, and @ERC3643Org have implemented a Chainlink-powered compliance framework to align onchain bonds with @swiftcommunity standards.

One set of compliance rules across chains, powered by Chainlink CCIP, ACE, and Data Streams.

[BlockBooster @0xBlockBooster]

Stock-backed lending needs loan and liquidation data

Token Terminal reported:
• November 3: tokenized stocks issued by Coinbase on Base had a market cap of $38.4M
• $11.9M deposited into Aave, approximately 31% of that value

Aave lets eligible borrowers pledge these tokens for USDC loans. The chart measures deposits, so it doesn’t establish how much USDC borrowers have drawn against them.

Compare those deposits with the outstanding debt and the cost of turning seized tokens back into USDC.

Liquidators may need to hold the tokens while arranging a sale or redemption. Price moves and financing costs during that wait affect how much they can afford to repay.

[BlockBooster @0xBlockBooster]

Tokenized-stock value grew on BNB Chain while DEX turnover declined.

• Tokenized-stock market cap on BNB Chain: +$458.7M over 30 days

• Tracked tokenized-stock DEX volume on BNB Chain: $3.1B lower than in the preceding 30 days

[RWA Foundation @RWAFoundation_]

https://t.co/xiMF2PdXnG

[BlockBooster @0xBlockBooster]

https://t.co/DlJQp8819b

[BlockBooster @0xBlockBooster]

ICE’s expansion plans now include Hyperliquid.

Its strategic investment in trade[XYZ] pairs an established exchange operator with a team already building 24/7 markets for traditional assets.

For onchain builders, the opportunity is to become product and technology partners for exchanges looking to reach new traders.

[trade.xyz @tradexyz]

trade[XYZ] and ICE, owner of the New York Stock Exchange, are joining forces to bring 24/7 perpetual futures on Hyperliquid to the United States.

In just over a year, our markets on Hyperliquid have surpassed $650 billion in volume. They provide continuous price discovery for stocks, indices, and commodities, and have become trusted reference points for retail and institutions alike when traditional markets are closed. Much of the world trades them. Until now, Americans could only watch.

We intend to change that. Subject to CFTC approval, trade[XYZ] and ICE plan to establish a new, dedicated U.S. market, with novel exchange and clearing infrastructure built on Hyperliquid. Planned contracts span equities, indices, commodities, FX, and crypto, with access through participating brokers and platforms. We’ll share more on products, eligibility, and timing as approvals progress.

ICE brings more than 25 years of experience operating regulated markets, clearing, and managing risk. trade[XYZ] brings the product development, market design, and technology behind the most liquid and robust markets on Hyperliquid.

Innovation and the protections of U.S. regulation shouldn’t be a trade-off. Together, we plan to prove it.

ICE is making a strategic investment in trade[XYZ] and joins us in building towards the future of Hyperliquid. A small group of market luminaries is joining as well, beginning with Stan Druckenmiller. For more than four decades, few investors have anticipated the great turns in markets as often as Stan. We’re proud to have him with us for the next one.

We’re building the U.S. market in parallel with our existing HIP-3 markets, which we’ll continue to expand and innovate on. We expect both to flourish. They each have a long road map ahead, from new asset classes to new ways to trade them.

To the Hyperliquid community, whether you were here before us or came because of us, thank you. You took a chance on new markets and you made them matter. You’ll forever be a part of this story.

Anything. Anytime. On ICE[XYZ].

[BlockBooster @0xBlockBooster]

https://t.co/LFENPXvdCi

[BlockBooster @0xBlockBooster]

https://t.co/HT0MFqJUGp

[BlockBooster @0xBlockBooster]

SATA's new junior buffer also increases Strive's dividend burden.

• October 20: the SATS IPO closed, raising $630M gross from 7M shares at $90.

• SATS ranks below SATA and accrues dividends at 15% annually on a $100 stated amount per share. The IPO shares therefore accrue $105M a year. Cash payments require board declaration and legally available funds.

• October 26: Strive opened up to $1B of further SATS issuance capacity.

Our SATA research separated daily payouts from corporate credit risk. The new junior layer can support SATA's recovery position while adding cumulative dividends to the same company.

For allocators, assets behind a senior claim and cash available for dividends need separate checks.

Read the full article in the first reply.

[BlockBooster @0xBlockBooster]

@BNBCHAIN @Blockworks More equity deposits give lending markets room to offer financing against positions investors already hold.

[BlockBooster @0xBlockBooster]

@plumenetwork Yield on idle balances could help cover an agent’s operating costs.

[BlockBooster @0xBlockBooster]

@APompliano Would be useful to see what changed between filings, with the original passages side by side. That would cut the time researchers spend checking each update.

[BlockBooster @0xBlockBooster]

CustodySync gives DeFi lenders a way to serve borrowers who must keep assets in qualified custody.

The borrower can use custodied assets as collateral while the lending market supplies the loan. Chainlink keeps collateral and loan records aligned across the systems, with Anchorage Digital as the launch partner.

• The custodian retains control of the assets.
• Both systems value the collateral using a common price source.
• Margin and liquidation follow the appointed agent’s process.

This lets lending markets connect to an institution’s existing custody setup instead of requiring a separate collateral holding arrangement.

Curators can build credit products around that setup, with loan terms that account for the custodian’s controls and the time needed to sell collateral.

[Chainlink @chainlink]

Introducing Chainlink CustodySync, a new solution that lets qualified custodians give their institutional clients access to DeFi lending markets, all while assets remain securely in custody.

With @Anchorage as the official launch partner, together we’re establishing a new standard for institutional DeFi.

CustodySync keeps custody and lending systems in sync across the full lifecycle of a loan:

→ For custodians: faster time to market and lower operational overhead, with custodian-managed controls
→ For lending markets: independent, verifiable data and a consistent risk framework
→ For institutions: passive capital becomes productive capital

More than $80 billion sits in DeFi lending markets. Meanwhile, the roughly $700 billion in digital assets under custody is less than 0.5% of all $250 trillion in traditional assets under custody. The opportunity to connect traditional institutional capital to onchain finance remains vast.

Large institutions have lacked a secure way of accessing these markets. Regulations require many of them to keep their digital assets with a qualified custodian, a firm that meets specific requirements for holding assets on behalf of clients, and custody systems were never built for DeFi. Even when custody and lending systems are connected, inconsistent loan valuations can trigger premature liquidation or delayed liquidations, exposing borrowers and lenders to significant financial risk.

@Anchorage, home to the first federally chartered digital asset bank in the U.S., is the first qualified custodian to adopt CustodySync, connecting its institutional clients to DeFi lending markets while their assets remain in regulated custody.

Institutional capital no longer has to choose between the security of custody and the liquidity of DeFi.

With Chainlink, it gets both.

[BlockBooster @0xBlockBooster]

@Grayscale Privacy needs ongoing engineering. Funding that work through block rewards helps developers keep adapting as security threats change

[BlockBooster @0xBlockBooster]

@centrifuge More choice for onchain portfolios. Credit and gold give allocators different exposures to combine with cash management.