.@Kyrooboost pays you back part of your trading fees when you open a new exchange account through them instead of going direct.
You create one Kyroo account. After that, whenever you want to sign up for a new exchange, you go through Kyroo instead of directly to the exchange.
Same signup you would’ve done anyway, except now part of your trading fees comes back as cashback.
For the first 100 people from my community, @KyrooBoost is offering a higher cashback rate than their standard rate.
.@The_DTCC ’s tokenization service is officially live.
34 securities can now be tokenized, backed 1:1 by assets held at DTC and transferable 24/7 onchain.
The service launches on @CantonNetwork and DTCC’s private Besu network.
JPMorgan, BofA, Citi, Morgan Stanley, Fidelity, State Street, UBS and Citadel are among the institutions signed up to access it.
@Chainlink is also involved across DTCC’s broader tokenization and 24/7 collateral infrastructure.
DTCC sits at the core of global financial markets, with $114T+ in assets held at DTC.
TradFi moving onchain is no longer theoretical.
33 major companies incl. $JPM, $AMD & $MSFT, representing ~$17T in market value, have reportedly objected to having their stocks traded in tokenized form through the planned @OKX x ICE platform.
The concerns around custody, shareholder records, settlement and regulatory oversight are understandable.
But these are already publicly traded securities. Investors can already freely buy and sell their shares through traditional markets.
Tokenization mainly changes the infrastructure: allowing that exposure to potentially trade 24/7, reach a global investor base and settle through stablecoins.
In that sense, it looks more like an evolution of how public equities are traded and settled than a fundamental change to the underlying asset.
The focus should be on getting the structure and regulation right.
Tokenized equities are likely to become an important part of how public markets evolve.
🚨UPDATE: Crypto price predictions are getting shorter timeframes on @Polymarket US.
The platform now offers five-minute up-or-down markets for $BTC, $ETH, $SOL and $XRP, with @chainlink price data determining the outcomes.
With five-minute markets, traders can take views on short-term crypto price movements rather than longer-term direction. The format brings faster-paced prediction markets to four major digital assets.
🚨NEWS: Traditional banking infrastructure is moving deeper into digital assets.
@Ripple and @BNYglobal are expanding their partnership to support $XRP and $RLUSD custody, with plans to explore tokenized trade finance on the XRP Ledger.
BNY’s role extends beyond custody, with clients able to mint and redeem RLUSD directly. The two firms will also explore how the XRP Ledger could support more efficient trade finance, payments, settlement and collateral workflows for institutional clients.
⚡️LATEST: Tokenized stocks are gaining new routes into DeFi.
@Ondo's 15 tokenized stocks and ETFs are now available on @RobinhoodApp , with 11 @Uniswap StablePair pools connecting Ondo Stocks and Robinhood Stock Tokens tied to the same underlying securities.
The integration brings more options for trading and providing liquidity around tokenized equities, with potential arbitrage opportunities between paired assets.
However, the pools do not extend Robinhood’s operating hours or guarantee that both tokens will always trade at the same price.
🎙 Private Credit Is Going Onchain: Building the Next Generation of Capital Markets
In this episode of Cryptic Talks, we sit down with @IncDeploi's Founder @OskJep to discuss why private credit is gaining traction, what tokenization can actually change for traditional finance, and how onchain infrastructure could reshape private-credit markets.
Follow @IncDeploi and watch the full conversation here: https://t.co/HpZiiYLkpl
🚨LATEST: Gold-backed tokens are expanding across blockchain networks.
The Hong Kong Gold Exchange is integrating @chainlink CCIP with Midas Labs to enable its gold-backed XGZ token to move securely across multiple blockchains.
The integration combines chainlink’s cross-chain interoperability technology with @midaslabsxyz's tokenization infrastructure, allowing @goldzipxgz to move beyond the blockchain where it was originally issued and reach multiple networks.
🚨UPDATE: AI computing costs are becoming a new market for derivatives traders.
@injective's Super Intelligence Compute Index combines rental rates for five @nvidia GPUs into a single benchmark, allowing traders to speculate on changes in demand for computing resources.
The market could also serve a practical purpose beyond speculation. AI developers can hedge against rising GPU rental fees, while computing providers can protect against declines in rental income.