Fidelity has introduced the USD Digital Liquidity Fund (FILQ), a tokenized money market fund with a top Moody's AAA rating, leveraging Syngnum Bank's infrastructure and Chainlink's data. This product targets growing demand for 24/7 liquidity and yield in tokenized assets, competing with similar funds from BlackRock and JPMorgan. The tokenized money market fund sector has surged from $4 billion to $15.2 billion since 2023, driven by interest income from U.S. Treasury bonds. Fidelity's entry highlights increasing competition in this fast-growing segment of digital finance.
Stable (STABLE) surged 13.79% to $0.0394, becoming the top gainer in the crypto market today due to its stability-focused protocol. Other notable gainers include NEAR Protocol, Cosmos Hub, Zcash, and Official Trump tokens, while Venice Token, Ondo, C...
SKYAI led the top 100 cryptocurrencies with a 44.45% gain, driven by growing interest in AI-related tokens amid a rising agentic AI narrative. Other AI-adjacent tokens like BUILDon and Humanity also posted strong gains, reflecting a market rotation f...
Ondo Finance moved 150 million ONDO tokens to a team-linked wallet before a surge in exchange deposits, including 18.83 million ONDO sent to Coinbase, signaling potential selling pressure. Despite this, the team still holds significant ONDO reserves,...
Ondo's price rose over 60% in a week, reaching yearly highs near $0.47 after breaking a key $0.30 resistance. This surge was driven by Ondo Finance expanding its tokenized stocks and ETFs to Hyperliquid’s HyperEVM network via the LayerZero-powered On...
ONDO has surged more than 100% from its lows near $0.19, now facing critical resistance between $0.486 and $0.598, a key Fibonacci retracement zone. Technical analysis suggests the rally may be corrective within a broader bearish trend, with a decisi...
