Securitize and Computershare are building a framework for tokenized equities that lets U.S.-listed companies add blockchain-based shares alongside traditional stock records.
SBI Holdings and the Solana Foundation are partnering on a new Japan venture focused on yen stablecoins and tokenized assets, with Solana taking a stake in SBI R3 Japan and the unit set to be renamed SBI Solana Global.
Resolv Labs said its collateral pool remains intact after an exploit let an attacker mint about 80 million unbacked USR. The stablecoin fell to $0.14 before rebounding to $0.42, while several DeFi protocols moved to contain exposure.
ASTER is holding a closely watched support range between $0.50 and $0.70, with traders focusing on whether price can reclaim and break through the $0.70-$0.71 resistance area.
Wintermute launches an institutional OTC desk for tokenized gold, supporting PAXG and XAUT with on-chain settlement. The RWA market now exceeds $20B, with tokenized gold at $5.98B and $178B annual volume, closing in on traditional gold ETFs.
Bitcoin fell 17% and Ether dropped 22% this week, marking the biggest weekly loss since the FTX crash in November 2022. The crypto market lost about $400 billion in total value, settling at around $2 trillion. Four factors triggered the sell-off: Strategy's first Bitcoin sale, ETF outflows pivoting to AI, Zcash's AI-driven vulnerability crash, and strong U.S. jobs data reviving rate hike fears.
The US 30-year Treasury yield climbed to 5.16%, its highest level since October 2023, while Japan's 30-year government bond yield surged to 4.2%, the highest since issuance in 1999. Rising oil prices and hotter inflation data fueled the sell-off in long-dated bonds.
Ethereum saw massive inflows to Binance in early May, led by a single 216,152 ETH ($511M) transfer on May 6. Analyst Darkfost says the moves occurred during price corrections, driven by emotional selling. Binance now holds 3.62M ETH (24.6% of exchange reserves), adding to consolidation pressure. ETH trades in $2,250-$2,450 range, testing key moving averages.
