Key Takeaways

• Anchorage Digital, a federally chartered crypto bank, now offers institutional-grade custody for Bybit’s bbSOL, a staked version of Solana’s SOL token.
• This move combines liquidity with regulatory assurance, enabling regulated entities to engage with Solana’s DeFi ecosystem confidently.
• bbSOL holders gain access to bank-level security and U.S. federal compliance, further legitimizing Solana-based liquid staking for institutional investors.
• The announcement aligns with broader trends in institutional adoption of Solana, as ETFs like Bitwise’s $BSOL and Grayscale’s $GSOL report significant capital inflows.

What Happened?

Bybit has partnered with Anchorage Digital to bring institutional-grade custody to its staked Solana asset, bbSOL. This development positions bbSOL as a secure and compliant entry point for regulated investors looking to earn on-chain yields without compromising asset flexibility.

Anchorage Digital, the first federally chartered crypto bank in the U.S., now provides custody services for bbSOL, offering funds, asset managers, and enterprises a regulated path into Solana’s DeFi space.

Bybit Staked SOL (bbSOL) is now supported for custody through @Anchorage Digital.

bbSOL is an exchange-backed SOL LST now supported by a U.S. federally regulated crypto bank, broadening access for participation in the @solana DeFi ecosystem.

Read more: https://t.co/PMa4Wiw9EX… pic.twitter.com/Guj73f7v45

— Bybit (@Bybit_Official) October 29, 2025

Bybit and Anchorage Digital Partner for Institutional Access

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has taken a strategic leap by securing institutional custody support for its bbSOL token from Anchorage Digital. This integration solidifies bbSOL as a trusted liquid staking token (LST) in the Solana ecosystem, tailored specifically for institutional investors.

bbSOL enables holders to earn staking rewards on Solana without locking their tokens, providing liquidity and flexibility across DeFi protocols. With Anchorage Digital’s backing, bbSOL now offers bank-grade custody under U.S. federal oversight, making it more accessible to regulated financial institutions.

Emily Bao, Head of Spot at Bybit and Founder of Byreal, called the integration:

Anchorage Digital’s Role and Reputation

Anchorage Digital has built a strong reputation for safeguarding digital assets for major institutions like Visa and Franklin Templeton. With the addition of bbSOL, it extends that bank-level security and compliance to Solana’s liquid staking sector.

Nathan McCauley, CEO and Co-Founder of Anchorage Digital said:

The partnership bridges the gap between traditional finance and decentralized markets, reflecting a growing convergence where security, regulation, and yield-generating blockchain technologies meet.

Institutional Interest in Solana Grows

The announcement comes amid rising institutional interest in Solana. On the same day as the custody news, Solana-based ETFs saw a combined $47.9 million in inflows, led by Bitwise’s $BSOL with $46.5 million, and Grayscale’s $GSOL with $1.4 million. These inflows point to a larger appetite from both retail and institutional investors for regulated Solana exposure.

bbSOL’s newfound custodial backing may position it as a key gateway product, especially for institutional players looking to participate in on-chain yield without compromising compliance.

CoinLaw’s Takeaway

In my experience, integrations like this are game-changers for institutions sitting on the fence. It is not just about offering another staking product. It is about making that product safe, compliant, and appealing to money managers and enterprise-grade investors who have strict requirements. Anchorage Digital’s custody makes bbSOL a more serious contender in the liquid staking space. I found this partnership to be a smart, strategic move by Bybit. It is the kind of bridge that builds real trust between DeFi and TradFi. If Solana’s momentum continues, bbSOL might become one of the most institutionally embraced tokens in the ecosystem.

The post Bybit’s bbSOL Now Backed by Anchorage Digital for Institutional Custody appeared first on CoinLaw.

Key Takeaways

• Nordea Bank will offer Bitcoin exposure through a synthetic ETP developed by CoinShares.
• The move follows the implementation of the EU’s MiCA crypto regulation in December 2024.
• Customers will access the product via Nordea’s execution-only platform, without advisory services.
• This marks a significant shift for Nordea, which previously maintained a cautious stance toward crypto.

What Happened?

Nordea Bank announced it will offer access to a Bitcoin synthetic ETP through its execution-only investment platform beginning in December 2025. The product will be issued by CoinShares, a leading European digital asset manager. The decision comes as the European regulatory environment for crypto matures and investor interest in virtual assets continues to rise in the Nordic region.

JUST IN: 🇫🇮 €648 billion Nordea to allow customers to trade $BTC linked ETP on its platforms. pic.twitter.com/t5C684C24b

— Whale Insider (@WhaleInsider) October 30, 2025

Nordea Opens Crypto Gateway with CoinShares Bitcoin ETP

Nordea’s new Bitcoin product is a synthetic ETP, meaning it gives investors exposure to Bitcoin without requiring them to directly hold the cryptocurrency. Instead, the product tracks the price of Bitcoin through a financial instrument structured and managed by CoinShares.

CoinShares, a well-known asset management company with over $10 billion in assets under management, is the issuer behind this ETP. It will be available only to experienced investors seeking alternative asset exposure through Nordea’s platform.

The bank has chosen to distribute the ETP through its execution-only service, which means that while customers can buy and sell the product, Nordea will not provide advisory support. This aligns with the bank’s approach to offering access to riskier or more complex investment products to informed clients.

Shift in Regulatory Environment Spurs Change

The timing of the launch is not coincidental. The European Union’s Markets in Crypto-Assets (MiCA) regulation, which went into effect in December 2024, has brought a new level of clarity and investor protection to the crypto industry across EU member states.

Nordea explicitly cited MiCA’s implementation as a key factor influencing its decision. According to the bank’s official statement, the regulation provides the regulatory clarity and supervision that was previously lacking in digital asset markets.

The bank also noted that the demand for crypto exposure is growing among both retail and institutional investors in the Nordic countries. That interest, combined with more stable and mature frameworks, has pushed Nordea to reconsider its cautious approach.

A Strategic Yet Careful Step Forward

While Nordea is opening the door to crypto products, it continues to tread carefully. In its announcement, the bank highlighted its historic hesitation toward digital assets due to the lack of investor protection and oversight in earlier years.

By partnering with a trusted name like CoinShares and launching a synthetic rather than physically-backed product, Nordea is signaling a measured entry into the crypto space. This structure limits some operational risks, though it also introduces counterparty and issuer risks that come with synthetic financial instruments.

CoinLaw’s Takeaway

I think this is a big moment for the Nordic financial scene. Nordea’s move is more than just a product launch. It’s a strong signal that crypto is gaining mainstream legitimacy in traditional banking. In my experience, when a conservative, well-established bank like Nordea makes a pivot like this, it’s not just about customer demand. It’s about confidence in the system supporting the product.

The rollout of MiCA across the EU has given traditional players the green light to start dipping into digital assets without feeling like they’re stepping into a legal gray area. And even though this ETP is labeled for experienced investors, the accessibility it provides is a meaningful step toward normalizing crypto in everyday banking.

The post Nordea Bank to Launch Bitcoin ETPs Amid Rising Demand and EU Crypto Rules appeared first on CoinLaw.

Key Takeaways

• Chainlink is now the official oracle provider for Ondo Finance’s tokenized equities platform.
• Over 100 tokenized stocks and ETFs, worth more than $300 million, are now accessible onchain through 10 blockchains.
• The partnership uses Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to move tokenized assets between blockchains.
• Institutional adoption is a core goal, with both firms supporting real-world asset tokenization through collaborative initiatives.

What Happened?

Ondo Finance, a leading platform for tokenized real-world assets, has partnered with Chainlink, the top decentralized oracle network, to strengthen data infrastructure for its expanding suite of tokenized equities. Chainlink will now provide custom price feeds and support secure cross-chain data movement for over 100 tokenized stocks and ETFs hosted by Ondo, representing more than $300 million in assets.

Ondo and Chainlink Unite to Bring Global Finance Onchain

Starting today, Ondo and @chainlink are joining together in a landmark strategic partnership to bring financial institutions onchain, building the infrastructure to tokenize trillions.

Together, we will work with leading… pic.twitter.com/qaTqaIpNbN

— Ondo Finance (@OndoFinance) October 30, 2025

Chainlink Becomes Ondo’s Official Oracle

As part of this strategic alliance, Chainlink has been named the official oracle provider for Ondo’s growing ecosystem. This means Chainlink’s secure data feeds will deliver real-time valuations, including critical metrics like dividend payouts and corporate actions, directly onchain. These feeds ensure pricing accuracy and reliability across the 10 blockchain networks Ondo supports.

By tapping into Chainlink’s infrastructure, Ondo can now offer institutional-grade pricing and valuation data, helping ensure consistency in asset value for both decentralized finance (DeFi) users and financial institutions alike.

Cross-Chain Movement Powered by CCIP

The collaboration is also centered around Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a powerful solution that enables seamless transfer of data and assets between blockchains. This will allow tokenized equities on Ondo to be composable across a variety of networks and applications.

CCIP is already being tested by major financial institutions like Swift, DTCC, and Euroclear, and is now the preferred interoperability standard within the Ondo ecosystem. The protocol enables smart contracts, tokens, and applications to function seamlessly across multiple chains, bringing massive scalability and accessibility to tokenized markets.

Driving Institutional Tokenization

Both companies are deeply invested in bringing traditional finance onchain. Ondo’s tokenized asset offerings are designed for non-U.S. investors seeking exposure to U.S. equities, particularly in regions where accessing traditional brokerage services can be difficult. Its recent expansion to BNB Chain is part of this strategy, reaching deeper into markets across Asia and Latin America.

As part of the collaboration, Chainlink has joined the Ondo Global Market Alliance, a group of exchanges, wallets, and custodians working together to boost adoption of tokenized assets. Ondo, in turn, has joined Chainlink’s corporate actions initiative, which includes over two dozen financial institutions committed to modernizing market infrastructure via blockchain.

Quotes from key figures reinforce the significance of the deal. Sergey Nazarov, Chainlink’s co-founder, stated:

Nathan Allman, founder and CEO of Ondo Finance, added:

CoinLaw’s Takeaway

In my experience, real progress in the tokenization space happens when major players integrate their strengths. What excites me about this Ondo and Chainlink partnership is not just the scale over 100 tokenized assets across 10 chains, but the serious infrastructure behind it. With Chainlink’s CCIP and data feeds, Ondo isn’t just experimenting, it’s delivering what future capital markets should look like. The involvement of giants like Swift and DTCC in related protocols shows that the walls between traditional finance and DeFi are truly coming down. I found the emphasis on accessibility for non-U.S. investors particularly powerful, as it shows how blockchain can help level the playing field globally.

The post Ondo and Chainlink Join Forces to Bring Tokenized Stocks Onchain appeared first on CoinLaw.

Key Takeaways

• Bank Indonesia will issue tokenized government bonds backed by its central bank digital currency, the digital rupiah.
• The digital securities are part of the country’s push to strengthen the rupiah and integrate blockchain into its financial systems.
• Indonesia’s Financial Services Authority (OJK) is monitoring stablecoin usage amid rising adoption, especially after the rupiah hit record lows.
• The move follows similar efforts by other Asian countries like China and Hong Kong to develop local currency-backed stablecoins.

What Happened?

Bank Indonesia has announced plans to launch a national stablecoin tied to its digital rupiah and backed by government bonds, known locally as SBN. Revealed at the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta, the initiative was detailed by Governor Perry Warjiyo as part of a broader effort to modernize Indonesia’s financial infrastructure and boost the rupiah’s global standing.

🚨 JUST IN:

🇮🇩 INDONESIA TO LAUNCH CBDC-BACKED DIGITAL TOKENS

ITS OWN “STABLECOIN VERSION.” 🚀 pic.twitter.com/DUnXZcDlsg

— Money Ape (@TheMoneyApe) October 30, 2025

Bank Indonesia’s Stablecoin Vision

Governor Perry Warjiyo confirmed that the central bank will issue digital central bank securities, essentially tokenized versions of SBN, backed by the digital rupiah. He described the product as “Indonesia’s national version of a stablecoin,” comparing its structure to stablecoins pegged to US government bonds.

Warjiyo during the summit said that:

This marks the first time Bank Indonesia has publicly tied its central bank digital currency (CBDC) efforts to a stablecoin model. The digital securities initiative will serve not just as a new financial instrument but also as a building block for integrating blockchain into Indonesia’s monetary system.

Strengthening the Rupiah with Digital Innovation

The development aligns with Bank Indonesia’s three-pillar strategy focused on boosting innovation, expanding financial inclusion, and maintaining system stability. The central bank has been developing the digital rupiah since 2022 and completed its first testing phase, known as the “Immediate State,” by the end of 2024. This phase included the proof of concept for the Wholesale Rupiah Digital Cash Ledger.

As part of the next steps, Bank Indonesia aims to integrate the digital rupiah with existing payment systems and financial market infrastructure, enabling smoother domestic and cross-border transactions.

Regulatory Oversight and Market Context

Indonesia’s Financial Services Authority (OJK) has also been actively observing the growth of stablecoin use within the country. In April 2025, the rupiah fell to a record low of Rp16,850 per US dollar, driving interest in stablecoins as hedging tools.

Dino Milano Siregar, head of OJK’s digital asset division, stated:

These include mandatory anti-money laundering compliance and regular reporting requirements for stablecoin traders. Although stablecoins are not officially recognized as legal payment instruments, they are increasingly used for remittances, hedging, and fast transactions, especially when backed by credible assets.

Crypto Adoption and Future Potential

Indonesia ranks seventh globally in the 2025 Global Crypto Adoption Index by Chainalysis, showcasing its growing role in digital finance. The country also placed fourth in decentralized finance (DeFi) usage, and discussions are reportedly underway to explore Bitcoin as a reserve asset.

This latest move positions Indonesia alongside countries like China and Hong Kong, who are already developing their own national stablecoins to counterbalance US dollar dominance in the stablecoin market.

CoinLaw’s Takeaway

I think this is a big leap for Indonesia. It’s not just about digital currency anymore. In my experience watching the digital finance space evolve, the countries that lean into blockchain and regulated innovation early are usually the ones that benefit the most later. What really stands out to me is how Indonesia is trying to balance innovation with regulation. That’s not easy, but it’s necessary. This stablecoin plan backed by digital government bonds could become a powerful tool to stabilize the rupiah and attract global digital finance players.

The post Indonesia Enters Stablecoin Race with Blockchain-Based Government Securities appeared first on CoinLaw.

Key Takeaways

• Fidelity removed procedural delays in its Solana ETF application, signaling a push for quicker SEC approval.
• The ETF will stake nearly all SOL holdings, offering yield benefits and network participation to investors.
• A fee waiver during the initial launch aims to draw early adopters and enhance fund competitiveness.
• Bitwise and Grayscale have also launched Solana ETFs, reflecting growing institutional interest in altcoin-based funds.

What Happened?

Fidelity has filed an amended and finalized S-1 registration for its proposed spot Solana ETF, removing delaying clauses that typically slow SEC review. The updated documents confirm that Fidelity plans to stake most of the ETF’s SOL holdings, allowing investors to benefit from staking rewards. The asset manager also revealed it will waive fees temporarily upon launch to incentivize early participation.

According to the official filing, Fidelity has submitted an updated S-1 registration for its spot Solana ETF, removing the “delaying amendment,” which previously prevented the registration from becoming automatically effective and placed timing control in the hands of the SEC.…

— Wu Blockchain (@WuBlockchain) October 30, 2025

Fidelity Accelerates Solana ETF Strategy

Fidelity’s latest filing reflects a clear urgency to get its Solana ETF to market. By eliminating the delaying amendment in the registration and naming Fidelity Product Services as the index provider, the firm is showing its readiness to move forward as soon as regulators give the green light.

Key components of Fidelity’s plan include:

• Staking nearly all SOL tokens via a network of validators, with only a small portion kept liquid for daily operations.
• Incorporating a proprietary pricing index to support accurate fund valuation.
• Temporary waiver of the annual management fee during the initial rollout phase.

The ETF, expected to trade under the ticker FSOL, would offer exposure to Solana while mirroring network participation through its staking model. This approach aligns with Solana’s proof-of-stake infrastructure and offers investors passive income alongside price exposure.

Staking-Enabled ETFs Gain Popularity

Fidelity is entering a rapidly heating ETF race. Bitwise has already launched its Solana Staking ETF (BSOL) on the New York Stock Exchange, reporting over $69 million in inflows and more than $56 million in trading volume on its first day. Grayscale has also converted its Solana Trust into a listed ETF, GSOL, which stakes over 74 percent of its more than 525,000 SOL holdings.

These launches come on the heels of the SEC’s August ruling, which allows staking in ETFs without classifying them as securities. This shift in policy has opened the floodgates for new altcoin products that offer both regulated access and staking-based yield.

Solana’s Institutional Appeal Rises

Analysts note that Solana’s high throughput, low fees, and growing developer activity across DeFi and consumer apps make it an increasingly attractive alternative to Ethereum. Fidelity’s ETF gives institutional and retail investors a chance to tap into this ecosystem in a regulated and yield-generating way.

Trading firms such as Cumberland DRW and Jane Street are expected to support liquidity for FSOL, further bolstering the fund’s market readiness.

Across the board, issuers like VanEck, 21Shares, and Bitwise are betting big on altcoins. With speculation mounting around potential XRP ETFs and increasing legal clarity, the ETF landscape is expanding far beyond Bitcoin and Ethereum.

CoinLaw’s Takeaway

Honestly, this feels like a defining moment for altcoin ETFs. I’ve watched the crypto ETF space for years, and Fidelity’s decision to combine staking with a fee waiver is a smart move. It signals confidence, but also a desire to differentiate. In my experience, the market rewards products that blend yield, liquidity, and transparency. I believe staking-based ETFs will reshape how mainstream investors approach altcoins. Solana is no longer just an alternative. It’s becoming a foundational layer in institutional portfolios.

The post Fidelity’s Solana ETF Moves Closer to Launch With Staking and Fee Incentives appeared first on CoinLaw.

Key Takeaways

• Brazil’s central bank will consider Bitcoin in its next monetary policy meeting, aiming to diversify national reserves and reduce reliance on the US dollar.
• The move follows a $19 billion Bitcoin reserve proposal already discussed in Brazil’s legislature.
• Countries like Germany, the Philippines, and Pakistan are also exploring Bitcoin as a sovereign asset, echoing a broader global trend.
• Brazil’s strong digital infrastructure and regional influence could make it a pioneer among emerging markets in national crypto adoption.

What Happened?

Brazil’s central bank has announced that it will evaluate Bitcoin as a potential reserve asset during its upcoming policy meeting. This development builds on recent legislative discussions around a $19 billion sovereign Bitcoin reserve proposal and signals a growing interest in digital assets at the highest levels of government.

Officials from the bank will join other reserve managers and policymakers from across Latin America at the Central Banking Autumn Meetings in Rio de Janeiro. One of the key topics will be how Bitcoin and other digital assets could fit into sovereign portfolios, especially as countries face inflation, currency volatility, and rising interest in decentralized technologies.

JUST IN: BRAZIL’S CENTRAL BANK TO DISCUSS ADDING #BITCOIN TO THEIR RESERVES NEXT MONTH

THE LARGEST ECONOMY IN SOUTH AMERICA 🔥 pic.twitter.com/YXe8PnYTKv

— The Bitcoin Historian (@pete_rizzo_) October 30, 2025

Brazil’s Bold Step Toward Reserve Diversification

Brazil’s potential embrace of Bitcoin comes as part of a broader effort to modernize monetary tools and reduce dependency on traditional fiat currencies, particularly the US dollar. Currently, Brazil’s reserves are heavily weighted toward fiat currencies and gold. By adding Bitcoin, even on a small scale, the country would diversify its holdings with an asset known for its scarcity, decentralization, and resistance to inflation.

Policymakers are also considering Bitcoin’s role in international trade, especially as Brazil deepens its trade relations outside the dollar-centric system. Bitcoin’s borderless nature aligns with Brazil’s ambitions to enhance financial sovereignty and resilience against global economic shocks.

Latin America’s Growing Crypto Influence

Brazil’s exploration of Bitcoin reserves could make it the first major emerging economy to take such a step, which would elevate its status as a financial leader in Latin America. Countries like El Salvador have already adopted Bitcoin as legal tender, and Brazil’s move may inspire similar policy considerations in Argentina, Chile, and Colombia.

As central banks globally rethink reserve strategies, Brazil’s actions are being closely monitored. Germany’s second-largest political party recently proposed a national Bitcoin reserve, and several Asian countries are considering similar moves. Brazil’s proactive stance may serve as a model for emerging markets navigating financial modernization.

Institutional Confidence and Technological Readiness

Brazil’s digital financial ecosystem is already advanced. The PIX instant payment system has been widely adopted, and the central bank is actively exploring blockchain-based solutions. These developments provide a solid foundation for managing digital assets like Bitcoin.

Global asset managers such as BlackRock and Fidelity have legitimized Bitcoin through investment products, adding to its institutional appeal. Brazil’s potential entry into Bitcoin reserves would further signal a shift in how governments view the asset class, not just as a speculative tool, but as a strategic component of national finance.

Challenges Ahead

Despite growing interest, Bitcoin’s volatility remains a central concern. Central banks must balance the innovative potential of digital assets with the stability demands of national finance. Experts suggest Brazil is unlikely to commit a large portion of reserves to Bitcoin immediately, opting instead for a small-scale trial to assess the impact.

Nonetheless, even a modest allocation could pave the way for future adoption and influence other governments to rethink their own reserve strategies.

CoinLaw’s Takeaway

I find Brazil’s exploration of Bitcoin reserves both exciting and realistic. In my experience following global monetary trends, these decisions don’t happen overnight, but Brazil isn’t rushing in blind. They’re watching inflation, reassessing their reliance on the dollar, and building on existing digital infrastructure. What stands out most to me is how methodical they’re being. This isn’t hype. It’s a strategic pivot, and I think Brazil could become a blueprint for other countries asking: what role should Bitcoin play in a nation’s economic future?

The post Brazil Eyes Bitcoin to Diversify Reserves and Curb US Dollar Reliance appeared first on CoinLaw.

Key Takeaways

• JPMorgan has tokenized private equity funds on its proprietary blockchain and offered the product to high-net-worth clients.
• The move is part of a larger push to digitize alternative assets through its upcoming Kinexys Fund Flow platform, expected to launch in full by 2026.
• Future tokenization plans include private credit, real estate, and hedge funds, aimed at simplifying access and boosting liquidity.
• JPMorgan has been investing in blockchain since 2019 through its Onyx division, showing long-term commitment to decentralized finance.

What Happened?

JPMorgan has officially entered the world of real-world asset (RWA) tokenization by digitizing private equity funds on its own blockchain network. This initiative targets the bank’s private banking clients, giving wealthy investors early access to this new method of investment. The move also serves as a prelude to a broader rollout of its tokenization platform, Kinexys Fund Flow, which is expected to launch in full by 2026.

🚨JPMORGAN TOKENIZES PRIVATE EQUITY FUND ON BANK’S OWN BLOCKCHAIN

JPMorgan is gearing up to launch its fund tokenization platform, Kinexys Fund Flow, next year. pic.twitter.com/tgcjLQJt9O

— Coin Bureau (@coinbureau) October 30, 2025

JPMorgan’s Blockchain Push Expands

JPMorgan’s tokenization project marks a strategic milestone in its broader effort to integrate blockchain into mainstream financial services.

• The tokenized private equity fund is just the beginning. The bank has confirmed plans to tokenize more complex alternative assets such as hedge funds, private credit, and real estate.
• This service is being introduced via Kinexys Fund Flow, the bank’s dedicated tokenization platform, with a larger rollout planned for next year.
• According to Anton Pil, head of global alternative investment solutions at JPMorgan Asset Management, “It’s more about simplifying the ecosystem of alternatives and making it, frankly, a little easier to access for most investors.”

Tokenized assets allow for benefits that traditional investment vehicles often cannot provide. These include fractional ownership, faster settlement times, and the ability to use the assets as collateral. JPMorgan believes these features will eventually make blockchain-based alternatives more attractive and accessible to a broader investor base.

A Long-Term Strategy in Blockchain

JPMorgan is not new to blockchain experimentation. Its Onyx division, launched in 2019, has been at the forefront of building blockchain-based infrastructure within traditional finance.

• Since then, the bank has explored blockchain across various areas including payments, collateral management, and now asset tokenization.
• This aligns with a broader industry trend, as major financial institutions such as BlackRock also invest in the future of asset tokenization. BlackRock CEO Larry Fink has even said that “the next generation for markets” is the tokenization of every financial asset.

JPMorgan’s Kinexys platform could play a key role in that transformation. By allowing traditional investment products to live on a blockchain, it not only boosts efficiency but also opens up access to a wider range of clients. The platform is currently targeted at high-net-worth investors, but wider adoption could follow once regulatory clarity and infrastructure mature.

CoinLaw’s Takeaway

In my experience watching blockchain adoption unfold in traditional finance, JPMorgan’s move feels like a watershed moment. They aren’t just experimenting; they’re building an entirely new gateway for private investing. The fact that they’re starting with high-net-worth clients makes sense, but I suspect we’ll see a trickle-down effect in the next few years. When a powerhouse like JPMorgan commits to blockchain this deeply, it signals to the market that this tech isn’t just a trend. It’s becoming the foundation.

The post JPMorgan Bets on Blockchain Future with Private Equity Tokenization appeared first on CoinLaw.

Key Takeaways

• Ripple has activated its EVM-compatible sidechain on the XRP Ledger, allowing Ethereum-based dApps to run within its ecosystem.
• XRP Tundra launched a dual-chain staking platform using this new infrastructure, combining the XRP Ledger and Solana.
• The project offers audited Cryo Vaults for staking, using smart contracts verified by Cyberscope, Solidproof, and FreshCoins.
• With presale phases live, XRP holders can now join verified, transparent yield programs without relying on centralized exchanges.

What Happened?

Ripple’s recent upgrade introduced EVM compatibility to the XRP Ledger, unlocking support for Ethereum smart contracts. This breakthrough enabled the launch of XRP Tundra, a decentralized finance (DeFi) platform offering XRP’s first on-chain staking system. By connecting the XRP Ledger and Solana through a purpose-built Layer-2 network, XRP Tundra creates a transparent and verifiable yield model for crypto investors.

🚀 XRP Tundra is FREEZING the competition! We’ve shattered presale records by raising a massive $2.2M – proof our dual-chain DeFi powerhouse is the hottest ticket in XRP! ❄️ Plus, our Arctic Spinner bonus event has already awarded loyal spinners $31,287 in instant rewards. pic.twitter.com/SykpCi7ZLa

— XRP Tundra (@Xrptundra) October 30, 2025

Regulatory Clarity Opens the Door

XRP’s return to major US exchanges like Coinbase and Kraken follows Ripple’s final settlement with the US Securities and Exchange Commission. In August 2025, Ripple paid a $125 million civil penalty, and the SEC dropped its remaining claims. The legal resolution affirmed that XRP is not classified as a security when traded on public exchanges.

This brought a wave of positive momentum for XRP. Trading volumes spiked, and institutional use of RippleNet resumed. However, retail investors still lacked one key element, a native way to earn on-chain yield. Unlike Ethereum, XRP’s federated consensus model does not support traditional staking, making platforms like XRP Tundra a needed solution.

XRP Tundra: Dual-Chain Design With Transparent Staking

XRP Tundra introduces a dual-token and dual-chain setup:

• TUNDRA-S, issued on Solana, handles yield and liquidity operations.
• TUNDRA-X, native to the XRP Ledger, powers governance and fee mechanisms.

These tokens interact through GlacierChain, a dedicated Layer-2 computational layer that manages staking logic and reward distribution. GlacierChain bridges the high-speed Solana network and the XRP Ledger while maintaining non-custodial architecture.

At the core of this system are Cryo Vaults, a set of smart contracts that allow users to stake TUNDRA-S for fixed durations in exchange for on-chain rewards. Rewards are calculated and distributed through GlacierChain validators, visible both on the Solana network and Ripple’s new EVM-compatible environment.

Audited and KYC-Verified

Security and transparency are central to XRP Tundra’s launch. The project has undergone multiple independent audits by:

• Cyberscope
• Solidproof
• FreshCoins

Additionally, identity verification via Vital Block KYC confirms that at least one team member has passed full documentation checks. This reduces anonymity risks and sets a compliance-friendly tone in line with XRP’s legal trajectory.

All smart contract logic, vault parameters, and reward schedules are publicly accessible, giving investors the ability to verify performance directly on-chain.

Presale Brings Early Access to On-Chain Yield

XRP Tundra’s presale phases allow participants to acquire both TUNDRA-S and bonus TUNDRA-X tokens ahead of staking activation.

• Phase 8: TUNDRA-S priced at $0.132 with a 12% token bonus
• Phase 9: TUNDRA-S priced at $0.147 with an 11% token bonus
• TUNDRA-X is included for governance access and cross-chain utility

So far, the project has raised over $2 million, with more than $32,000 in rewards distributed via its Arctic Spinner initiative. Presale participants will be automatically onboarded into Cryo Vaults once staking goes live on the XRP EVM sidechain.

CoinLaw’s Takeaway

In my experience, few moments are as pivotal for a blockchain network as the one XRP is in right now. Regulatory clarity has finally arrived, and Ripple didn’t just settle. It came out with legal definitions that benefit the entire market. Now, with the EVM sidechain live, XRP’s ecosystem is no longer stuck in a transactional box. I found XRP Tundra’s approach surprisingly refreshing. It’s not just another DeFi clone. It builds within XRP’s strengths and finally gives long-time holders a secure way to earn yield without resorting to centralized lenders. That alone is a massive leap forward.

The post Ripple’s EVM Upgrade Powers XRP Tundra’s Verified DeFi Staking Presale appeared first on CoinLaw.

Key Takeaways

• OpenAI is considering a public listing valued at up to $1 trillion, with filings possibly starting by the second half of 2026.
• The company may look to raise at least $60 billion, depending on market and business conditions.
• A recent corporate restructuring has reduced OpenAI’s dependency on Microsoft, signaling readiness for capital market entry.
• CEO Sam Altman confirmed that an IPO is the “most likely path” due to the company’s growing capital needs.

What Happened?

OpenAI, the maker of ChatGPT, is laying the foundation for an initial public offering that could value the company at up to $1 trillion, according to several sources familiar with the matter. While still in early stages, the potential listing could begin as early as late 2026 or push into 2027, depending on internal growth and market factors.

BREAKING: OpenAI prepares for IPO targeting up to $1 trillion valuation, planning to raise at least $60 billion with a listing in 2027.

The company aims to file as soon as H2 2026. At $1 trillion, OpenAI would enter public markets as one of the most valuable companies ever to… pic.twitter.com/nE58E7Qtz3

— WOLF (@WOLF_Financial) October 29, 2025

OpenAI’s Push Toward the Public Markets

OpenAI’s IPO plans come at a time of explosive interest in artificial intelligence. Sources indicate that the company is engaged in early discussions with advisers and is preparing to file with securities regulators. Although still tentative, OpenAI is aiming to raise at least $60 billion in capital from public markets.

CFO Sarah Friar has reportedly told associates that a 2027 listing is the target, though some advisers believe the IPO could happen sooner. During a livestream event, CEO Sam Altman acknowledged the public offering as a likely move, saying, “I think it’s fair to say it is the most likely path for us, given the capital needs that we’ll have.”

A spokesperson for OpenAI emphasized that an IPO is not the current focus, stating:

Restructuring Clears Path for IPO

OpenAI’s IPO push follows a significant internal restructuring. Originally founded as a nonprofit in 2015, the company has undergone several transformations. Most recently, OpenAI restructured under a new entity called the OpenAI Foundation, which retains a 26 percent stake in the OpenAI Group and holds warrants to acquire more shares if certain milestones are met.

This shift maintains the nonprofit’s control but allows the for-profit arm more flexibility. It also reduces OpenAI’s dependence on Microsoft, which invested $13 billion and currently holds about 27 percent of the company.

Financials and Market Context

According to insider reports, OpenAI is projected to reach an annualized revenue run rate of $20 billion by the end of this year, although its expenses are also rising. The company is currently valued at around $500 billion.

An IPO would allow OpenAI to raise funds more efficiently and potentially pursue large-scale acquisitions. This is especially important given CEO Altman’s plans to invest trillions into AI infrastructure, including computing power and research.

The timing aligns with broader market enthusiasm for AI stocks. CoreWeave, an AI cloud company, recently went public at $23 billion and has since tripled in value. Meanwhile, Nvidia reached a $5 trillion market cap this week, underscoring the sector’s momentum.

CoinLaw’s Takeaway

This move feels like a natural evolution for OpenAI. From a nonprofit to one of the world’s most valuable AI companies, the journey has been wild to watch. In my experience, companies that prepare this early and restructure to streamline their financials are serious about going public. Whether it happens in 2026 or 2027, the excitement is real. I found Altman’s openness about their capital needs refreshingly transparent. If they execute well, this IPO could be a defining moment not just for OpenAI, but for the entire AI ecosystem.

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Key Takeaways

• Mastercard is close to acquiring Zerohash for between $1.5 billion and $2 billion, marking one of its largest moves into blockchain infrastructure.
• Zerohash offers API-based crypto services, enabling trading, stablecoin payments, tokenization, and custody for financial institutions.
• The deal follows similar acquisitions by Stripe and Coinbase, reflecting intensifying competition over stablecoin infrastructure.
• Mastercard aims to strengthen its stablecoin settlement capabilities, amid rising demand for faster, cross-border digital payments.

What Happened?

Mastercard is in late-stage negotiations to purchase Zerohash, a Chicago-based blockchain infrastructure firm that enables financial platforms to offer digital asset services. The acquisition, valued between $1.5 billion and $2 billion, would represent Mastercard’s most aggressive investment in crypto payment infrastructure to date.

While the deal is not yet finalized, sources familiar with the matter told Fortune that discussions are in advanced stages, with Zerohash seen as a strategic asset in Mastercard’s stablecoin ambitions.

BREAKING: $500 BILLION MASTERCARD JUST SAID IT WILL ACQUIRE #BITCOIN INFRASTRUCTURE FIRM ZEROHASH FOR $2 BILLION

CREDIT GIANTS ADOPTING BTC. IT’S COMING 🔥 pic.twitter.com/CWsymgMkCp

— The Bitcoin Historian (@pete_rizzo_) October 29, 2025

Mastercard’s Crypto Infrastructure Play

Zerohash, founded in 2017, offers backend crypto services for banks, fintechs, and brokers, powering applications like tokenized payments, stablecoin transfers, and digital custody. The company enables firms to integrate blockchain features using APIs, without having to manage custody risk directly.

Some of Zerohash’s notable infrastructure powers tokenized fund projects like:

• BlackRock’s BUIDL
• Franklin Templeton’s BENJI
• Hamilton Lane’s HLPIF

Its $104 million Series D funding round in September 2024 included backing from financial giants like Morgan Stanley, SoFi, and Fifth Third Bank, valuing the firm at $1 billion.

For Mastercard, bringing Zerohash’s capabilities in-house could fast-track its efforts to offer always-on, stablecoin-based payment options. As businesses increasingly explore tokenized treasury tools and programmable payouts, Mastercard is betting on a future where digital assets settle as easily as fiat payments.

Stablecoin Race Among Payment Giants

Mastercard’s move follows a series of aggressive plays in the stablecoin space:

• Stripe acquired crypto startup Bridge for $1.1 billion.
• Coinbase entered exclusive talks to acquire BVNK in a $2 billion deal.
• Visa announced support for four more stablecoins across four blockchains.

Though Mastercard had also been in talks with BVNK, Coinbase ultimately secured exclusivity. The current push to acquire Zerohash appears to be part of Mastercard’s strategy to stay competitive.

Recent regulatory clarity from the GENIUS Act has also sparked renewed investment interest in stablecoins. Mastercard has since expanded its partnership with Circle, enabling stablecoin-based merchant settlements across Europe, the Middle East, and Africa.

Why Zerohash Makes Strategic Sense?

Zerohash serves as a turnkey provider that bridges traditional finance and blockchain technology. Its infrastructure allows Mastercard to:

• Accelerate stablecoin settlement for marketplaces and enterprises.
• Offer 24/7 programmable payouts.
• Provide crypto services without requiring clients to rebuild their systems.

Given Mastercard’s existing experiments with crypto cards, on-chain settlements, and tokenized fund integrations, Zerohash fits as a natural extension to its digital strategy.

CoinLaw’s Takeaway

In my experience, when legacy payment networks go this deep into crypto infrastructure, it’s a sign that real change is underway. Mastercard isn’t just experimenting anymore. They’re pulling crypto rails directly into their global network, which could make stablecoin-powered payments mainstream. I found it particularly interesting that they chose Zerohash, a company known more for its white-label infrastructure than for any consumer-facing product. That shows Mastercard is thinking long-term, betting on a future where blockchain quietly powers everything behind the scenes.

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