Plume and Shinhan Asset Management signed an MOU to test a KRW-denominated tokenized fund backed by Shinhan's won ultra-short-term bond fund. The proof of concept will simulate issuance offshore without actual token issuance or distribution, excluding Korean residents, and will test compliance features like whitelist controls, KYC, and AML. This project aims to explore the feasibility of bringing KRW-denominated investment products to offshore markets via tokenized infrastructure before South Korea's new token securities law takes effect in 2027. The trial benchmarks BlackRock's tokenized fund model but remains exploratory with no commercial launch planned yet.
LayerZero (ZRO) surged 10.55% to $2.12 on October 6, 2026, despite on-chain data showing persistent inflows to centralized exchanges and an 83% wash-trading ratio, suggesting much of the volume may be artificially inflated. Over the past nine days, Z...
Grayscale's Hyperliquid Staking ETF has appointed BitGo Bank & Trust as a second custodian for some of its Hyperliquid (HYPE) assets, alongside its primary custodian Anchorage Digital Bank. The new custody agreement, effective from September 30 and d...
Grayscale has added BitGo Bank & Trust as an additional custodian for its Hyperliquid Staking ETF (HYPG), effective September 30, 2026. This move spreads custody of the fund’s HYPE tokens, reducing reliance on a single provider and enhancing security...
India's Finance Minister Nirmala Sitharaman said trade negotiations with the U.S. have plateaued, highlighting challenges in finalizing a deal focused mainly on reducing the trade imbalance. The U.S. wants to increase exports to India to address a $5...
Super Inu (SI) experienced a sharp decline of more than 49% in 24 hours, marking the steepest drop among five Solana ecosystem tokens. Its market capitalization fell to $18.5 million. Other tokens also saw significant losses: e/acc dropped over 46% t...
