Africa's largest crypto exchange will power their core perps offering directly using Hyperliquid's onchain liquidity. This is a major milestone that will redefine how the next generation of financial applications are built.
The breakthrough of cloud computing was that any startup could quickly test their idea, with the comfort that the infrastructure would scale with their business. As the most liquid global venue for assets such as BTC, Hyperliquid will play the same role in the global economy. By tapping into the deepest onchain liquidity, builders can instead focus on their product and users.
Huge congratulations to the VALR team. We are honored that they chose to build on Hyperliquid. Excited to scale together!
Yesterday I flagged that 13 Korean companies were listed as OUSD partners. Today there’s a significant caveat: several of them say they never actually agreed to anything.
OUSD (Open USD) is a dollar stablecoin from the Open Standard consortium, unveiled June 30 with a planned launch this year and 140+ global finance and payment firms listed — Visa, Mastercard, BlackRock, plus the Korean names.
But Samsung Electronics said flatly there was no formal discussion and it doesn’t know what role it would play. Shinhan, Dunamu, and K Bank said Open Standard asked about participation, they said they’d “consider it,” and then found their names listed as consortium members.
One company rep said they learned they were included from Korean news coverage and were baffled, having only casually replied “we’ll look at it if it works out.”
Yesterday I flagged that 13 Korean companies were listed as OUSD partners. Today there’s a significant caveat: several of them say they never actually agreed to anything.
OUSD (Open USD) is a dollar stablecoin from the Open Standard consortium, unveiled June 30 with a planned launch this year and 140+ global finance and payment firms listed — Visa, Mastercard, BlackRock, plus the Korean names.
But Samsung Electronics said flatly there was no formal discussion and it doesn’t know what role it would play. Shinhan, Dunamu, and K Bank said Open Standard asked about participation, they said they’d “consider it,” and then found their names listed as consortium members.
One company rep said they learned they were included from Korean news coverage and were baffled, having only casually replied “we’ll look at it if it works out.”
Kash x @Chiliz 🤝
You've backed your club. Now back your words.
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We are seeing historic growth in tokenized stock trading volumes:
Across all chains, monthly tokenized stock trading volume hit a record $5.3 billion last month, up 44% MoM.
On Solana, total transfer volume of tokenized stocks is now officially above $10 billion for the first time in history.
Over the last month alone, tokenized equity volumes have surged +180% on Solana, driven primarily by growing demand for tokenized RWA products which can be traded 24/7.
On Jupiter, the most popular venue for trading these assets, 33% of tokenized asset traders are now trading over the weekend.
Tokenization has created 24/7 markets.
People don’t get how CRAZY this is
Tokenized equities on Solana just hit $1.3B in weekly volume
And Jupiter is the #1 venue for trading them
With @Jupnet and more IPOs coming soon
We saw what happened with $BP and you will see that with solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN
Decentralized Nasdaq