Wintermute's latest research report argues that every crypto bull market has been propelled by a new liquidity channel — from early token fundraising and stablecoins to ETFs and digital asset treasuries (DATs). With ETFs and DATs now normalized, RWA stands as the only channel still growing. Over the past 12 months, RWA attracted roughly $16 billion, while on-chain tokenized assets doubled to over $30 billion. Because tokenized assets are predominantly held by institutions rather than short-term traders, a RWA-driven cycle could be less euphoric but longer-lasting. The report identifies regulatory frameworks and DeFi collateral integration as key catalysts that could unlock broader capital flows from tokenized products into the wider crypto ecosystem.

Franklin Templeton partners with MoonPay to integrate its BENJI tokenized money market fund into MoonPay Trade’s institutional infrastructure, enabling onchain swaps between stablecoins and fund exposure. Tokenized treasury market now exceeds $5 billion as traditional finance converges with crypto rails.

A brief market commentary cited by Foresight says centralized crypto exchanges in South Korea have become the only channel for deposits, while traditional finance players are using the bear market to buy into crypto trading platforms. The note frames equity stakes in South Korea’s three major exchanges as part of a broader shift in the local market structure. It also raises the question of whether the country’s crypto sector is being folded more tightly into the traditional financial system. The source material does not provide deal sizes, names of investors, or transaction timelines, and presents the point as a concise market view rather than a detailed report.

MEXC partners with licensed brokers to launch a stocks beta, letting users buy real US-listed shares with USDT. Over 20k testers joined. Zero fees during trial. Official version next week.

A 2026 guide explains how crypto on-ramps and off-ramps work, why they often cost the most, and where users face the biggest risks, from hidden spreads to network errors and compliance delays.

CoinDCX co-founder hints at a new product 'very interesting' for Indian traders. Community buzzes about zero trading fees, Web3 integration, BlockDAG listing, and advanced tools. The teaser comes months after a $44M hack that left customer funds safe.

Zonda is a Europe-focused crypto exchange built around fiat access, local payment rails, and structured fees. It supports EUR, USD, PLN, with trading fees that can fall to 0.05% maker.

Mastercard and Chainlink announce a strategic partnership enabling over 3.5 billion cardholders to purchase crypto assets directly on-chain via the payment network, bypassing centralized exchanges.