Stellar (XLM) surged up to 20% following the announcement that the Depository Trust & Clearing Corporation (DTCC), a major Wall Street clearinghouse, plans to connect its tokenized securities platform to the Stellar network by 2027. This move supports the tokenization of real-world assets, allowing traditional securities to be managed digitally while retaining investor protections. Stellar's trading volume spiked 927% to nearly $935 million amid this news, signaling strong market interest despite broader crypto sell-offs. The partnership highlights growing institutional adoption of blockchain technology in traditional finance.
Stellar's XLM token surged over 8% after DTCC and the Stellar Development Foundation announced a partnership to integrate DTC's tokenization service with the Stellar blockchain, aiming to launch tokenized assets by the first half of 2027. This move s...
On May 28, major cryptocurrencies Bitcoin (BTC) and USD Coin (USDC) experienced significant net outflows of approximately $200 million and $184 million respectively, signaling a risk-off sentiment in the crypto market. Ethereum (ETH) also saw a net o...
NEAR's price surged strongly due to its focus on AI infrastructure, breaking key resistance and moving above major averages, signaling bullish momentum. In contrast, Bitcoin faces resistance near $81-82k with weak momentum and may retest support arou...
The Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation (SDF) announced a partnership to enable tokenization of traditional assets on Stellar's public blockchain. This move aims to explore tokenizing highly liquid as...
The CoinDesk 20 Index saw Internet Computer (ICP) surge 9.8%, making it the top performer among the 12 assets trading higher. Stellar (XLM) also gained 1.7%, joining ICP as a leader. Meanwhile, NEAR and AAVE lagged with declines of 3.9% and 0.6%, res...
