Shinhan Asset Management signed a four-party memorandum to test a Korean won-denominated tokenized investment fund using the Solana blockchain. The pilot project covers investor verification, token issuance, distribution, and onchain liquidity, involving partners Etherfuse and Orca. This proof of concept targets overseas institutional investors with short-term Korean won bonds but has no confirmed launch date. The project aligns with South Korea's upcoming 2027 regulatory framework for tokenized securities, which will govern legal and operational requirements for such funds.
Bitcoin surged close to $75,000, rising nearly 8% in 24 hours and 18% over the past week, fueled by a wave of short liquidations exceeding $4 billion in two days. This rapid price increase forced bearish traders to close positions, adding momentum to...
Solana's price jumped nearly 20% last week, reaching $91 before settling near $89, driven by the US Treasury doubling bond buybacks to boost market liquidity. This policy shift sparked renewed investor confidence, leading to $14.58 million in net inf...
Bitcoin surged above $75,000, marking a 20% gain over four days and reaching its highest level since late May. This rally outpaced Ethereum and Solana, driven by a strong reaction from key support levels and significant short squeezes that liquidated...
Solana's network reached a new milestone with 112 million successful non-vote transactions in a single day, signaling strong on-chain activity. Tokenized equities on Solana have surged past $465 million in circulating supply, showing growing adoption...
Ramp, a finance platform serving over 70,000 businesses, has integrated x402 payments on the Solana blockchain to enable AI agents to manage wallets, control spending, and track payments with detailed audit trails. This integration leverages the HTTP...
