BREAKING: Goldman Sachs is bringing its $100B flagship Treasury fund to Avalanche
The fund will be offered through Lynq, a private, permissioned Avalanche L1 used by 30+ institutional digital asset firms, including B2C2, Wintermute, Galaxy, FalconX, and Fireblocks.
This gives institutions a way to put cash to work between trades and earn yield without leaving the infrastructure they already use.
🧵 Stronghold might be one of the most overlooked branches of the Ripple–Stellar family tree.
Before $SHX, before @IBM and before @strongholdpay even existed, @ItsSeanBennett was already building on @Ripple.
Then @StellarOrg launched.
Within hours, he was building its first anchor.
That’s where the Stronghold story really begins. 👇
Stronghold’s own history says Bennett began building a gateway on Ripple in 2013.
When Stellar launched in 2014, he created Coinex, described by Stronghold as the network’s first anchor.
At the same time, @TammyCamp was Stellar’s Head of Growth.
That connection matters.
Camp and Bennett say they discovered their shared vision through their work on Stellar in 2014.
Three years later, they founded Stronghold to connect traditional settlement rails with blockchain-based payments.
Stronghold didn’t discover Stellar later.
Its roots were already inside the early Ripple–Stellar payments ecosystem.
Then came IBM.
@strongholdpay says @IBM became its first client.
In 2018, Stronghold USD launched on Stellar.
It was later used for instant USD settlement by participants in IBM Blockchain World Wire.
So this wasn’t simply another stablecoin experiment.
Stronghold was already sitting at the intersection of @StellarOrg, enterprise payments and tokenized dollars.
And then the Ripple connection resurfaced.
Stronghold lists Xpring, now RippleX, among the investors that supported its growth.
Think about the historical loop:
Sean Bennett → Ripple → Stellar → Stronghold
and later:
Ripple/Xpring → Stronghold
The ecosystems often presented as competitors were connected through people, capital and infrastructure much earlier than many realize.
Now look at what Stronghold became.
In 2024, @NachaOnline named Stronghold a Preferred Partner for ACH Experience and ISO 20022.
Stronghold provides embedded pay-by-bank infrastructure and uses ISO 20022 messaging across payment workflows, including treasury reporting and payment acceptance.
It means Stronghold itself operates payment infrastructure using the standard.
So where does $SHX actually fit?
According to Stronghold, SHX is used across its ecosystem for:
• merchant and customer rewards
• liquidity for Merchant Financing
• governance
And there is an actual economic mechanism behind that utility.
SHX governance approved burning 70% of a Merchant Cash Advance origination fee, with the remaining 30% going to pool contributors.
That proposal was implemented in April 2024.
The governance layer has continued evolving too.
SHX holders have voted on governance rules, smart-contract recording of votes, locked SHX and delegated voting power.
One proposal moved governance votes from multiple ledgers toward a unified smart contract on Stellar.
So @StellarOrg remains important beneath the increasingly multi-chain SHX architecture.
And here comes one of my favorite twists.
SHX started with Stellar.
It later expanded to Ethereum and Solana.
And now SHX has also bridged to the XRP Ledger, following a community governance vote, using Squid and Axelar.
So after all these years, the historical circle gets another layer:
Ripple → Bennett → Stellar → Stronghold → SHX → XRPL. 👀
The documented history is very interesting.
@strongholdpay grew out of people who were there during the formative years of blockchain payments.
Ripple.
Stellar.
IBM.
Xpring/RippleX.
Nacha.
And now XRPL again.
Different relationships. Different periods. But a remarkable amount of infrastructure history converging around one company.
Maybe the most interesting thing about $SHX isn’t its market cap.
Maybe it’s where Stronghold came from, what it has built, and how much of the early Ripple–Stellar payment story still lives inside it.
🚨HUGE: Hedera just showcased how $HBAR is being used to attack a $1 TRILLION micropayments opportunity!
@droppcc is built on @hedera to make tiny, instant payments economically viable, settling in 3–5 seconds with processing costs up to 15x cheaper than traditional providers!
And this isn't crypto operating in a bubble.
🏦 Truist Bank partnership
🇺🇸 FedNow Service Provider Showcase
⚡ The Clearing House RTP integration
💵 USD, USDC & HBAR payments
🌎 Potential to scale globally
From micropayments and AI agents to tokenised assets and institutional finance, Hedera is quietly building infrastructure for markets worth TRILLIONS.
The use cases for $HBAR just keep expanding. 🔥
🚨 Coinbase CEO Brian Armstrong says crypto and stablecoins will become the go-to payment rails for AI agents.
This could be a massive trend, and networks like $ALGO, $HBAR, $XRP and $SOL look incredibly well positioned for a world where billions of AI agents transact autonomously.
Kevin O’Leary unveiled his $11M one-of-one Ohtani card at Summit.
Now, he wants to tokenize it.
@kevinolearytv breaks down why collectibles are such a natural fit for tokenization.
INSIGHT: SEC Commissioner Hester Peirce calls for a rethink of KYC and AML oversight.
She argues the "more data, the better" approach creates haystacks too big to find needles, and that zero-knowledge proofs could verify compliance without exposing personal data.
Wall Street is entering its onchain era.
Ondo’s John Hoffman joined @CNBC to discuss the launch of Ondo Intelligent Portfolios and what it signals for the future of global markets:
“From a $3 trillion industry to a $100 trillion technology that’s going to power global markets.”
First came tokenized stocks and ETFs. Now, Ondo Intelligent Portfolios combines them into onchain portfolios, each in a single token.
“For someone that spent 20 years in the ETF industry, this is kind of the SPY moment for onchain finance.”
The first three portfolios are based on portfolio strategies developed by BlackRock for Ondo.
They mark the beginning of a broader shift in how investment portfolios are built, delivered, and accessed onchain.
🚨HUGE: IBM JUST CONNECTED ITS DIGITAL ASSET PLATFORM TO SWIFT’S BLOCKCHAIN LEDGER.
And literally yesterday, IBM partnered with The Hashgraph Group to bring @hedera powered IDTrust to IBM Cloud.
Effectively meaning IBM can push more of Hedera's services to their customers
Now IBM is connecting into SWIFT’s network of 12,500 financial institutions.
Could IBM eventually bring $HBAR powered solutions into the SWIFT ecosystem? 👀
🚨TODAY: The SEC just released NEW FAQs on CRYPTO assets, clarifying how securities laws apply to certain tokens and transactions.
KEY POINTS:
- A token and the investment contract used to sell it are not necessarily the same. A token can later exist as a non-security crypto asset.
- Functionality and decentralization depend partly on what the issuer actually promised buyers.
- Staking receipt tokens are not automatically securities. Some may qualify as digital tools or digital commodities.
- A true crypto “receipt” only represents ownership of the underlying asset. The issuer cannot lend, pledge or rehypothecate it.
- Marketing a network’s utility or future features alone does not necessarily create an investment contract.
- If another party takes over the issuer’s promises, the investment contract does not automatically disappear.
- Developers can continue maintaining and upgrading a functional network without those efforts necessarily satisfying Howey.
- On a decentralized network with no central controller, issuer statements are less likely to create a new investment contract.
- Token buybacks are not automatically securities-related, unless tied to promised yield or returns before the network is functional.
- Exchanges offering secondary trading are not automatically considered promoters.
OVERALL, the new SEC FAQ is focusing more on what the token actually represents, how functional and decentralized the network is, who controls it, and what was promised to buyers.
Of note, these are FAQs issued by the SEC’s Division of Corporation Finance staff, NOT new SEC rules.
Hedera is officially part of the UK's Wholesale Digital Markets Champion Taskforce, led by Christopher Woolard CBE and backed by @hmtreasury.
Sovereign issuance. Openness to public chains. One use case, one timeline, one champion 🧵
🚨HUGE $HBAR PARTNERSHIP: THE HASHGRAPH GROUP JUST BECAME AN IBM SILVER PARTNER, WITH ITS HEDERA POWERED IDTRUST PLATFORM NOW LISTED ON IBM CLOUD.
That puts technology built on @hedera directly in front of IBM’s global enterprise customers (IBM one of the biggest companies in the world).
$HBAR is moving deeper into the enterprise world. 🔥
Nearly 10 million people across Europe shared their views on the future design of euro banknotes.
Thank you for being part of this journey and helping shape the next generation of banknotes.
🇺🇸 JUST IN: CFTC Chairman Selig says US markets must prepare for "mass tokenization" as blockchains and AI are "adopted at scale."
Selig told the US Treasury Market Conference that "the next decade will likely bring more change to financial markets than the previous several decades combined."
The CFTC expanded eligible collateral to include stablecoins in February and is looking to drive further adoption across exchanges and clearinghouses.
There is nothing more American than discussing the strength and future of American markets on the floor of the New York Stock Exchange as the Opening Bell rings.
Thank you, @lynnmartin, President of the @NYSE, for hosting us this morning and upholding the legacy of US financial leadership in the heart of Wall Street.
JUST IN: Evernorth plans to list on Nasdaq under the ticker $XRPN
The company is teaming up with BearChamp, the XRP community character created by Chicago artist JCRivera, with apparel and storytelling planned around the collaboration.
1,300+ developers have already joined the Algorand Global x402 Challenge 👀
$100K + 500K ALGO in prizes are up for grabs.
If you're building, make sure to submit your entry and your public GitHub repo to Electric Capital! 👇
https://t.co/7kFj95LVPm