Mubadala Capital, Abu Dhabi's sovereign-linked investment arm, launched a $75 million tokenized version of its Alternative Solutions Fund across three blockchains: Coinbase’s Base, Solana, and Sui. This move makes private market investments more accessible by using blockchain technology to handle compliance, ownership, and transfers, reducing traditional barriers like high minimums and illiquidity. The fund’s launch, supported by the UAE-based tokenization platform KAIO, signals growing institutional adoption of tokenized private assets and could encourage other large asset managers to follow suit.
The US federal debt exceeds $39 trillion, but foreign ownership of US Treasuries has dropped from nearly 49% in 2011-2012 to about 30-32% today. Traditional foreign buyers like China are reducing their holdings, while domestic investors and the Feder...
The Verus-Ethereum Bridge suffered a second security breach in just over two months, with attackers stealing between $7.3 million and $7.5 million in various digital assets. This follows a similar exploit in May that resulted in losses of about $11.6...
Beefy Finance has introduced its Cowcentrated Liquidity Manager (CLM) on Ethereum mainnet, automating the management of concentrated liquidity positions on Uniswap V3 for top trading pairs like AAVE-WETH and UNI-WETH. The CLM pools user deposits, aut...
An arbitrator ruled in favor of Circle in a legal dispute with Heka Funds over stablecoin redemption limits, rejecting Heka's $49 million lost-profits claim. The case revealed how Circle, issuer of USDC, suspended Heka's redemption access after initi...
A court filing alleges that Tether, the largest stablecoin issuer, influenced US stablecoin legislation through Howard Lutnick, its banker and Cantor Fitzgerald executive. Senators Warren and Wyden question a loan from Tether to a trust benefiting Lu...
