Author: NBTC

Saturn has partnered with Ondo to add STRCon and other tokenized securities to its STRC-based products while securing an undisclosed strategic investment from the tokenization company. Saturn said in an Aug. 13 X thread that the agreement would bring Ondo’s “institutional-grade tokenized assets” into structured products built around Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, which trades on Nasdaq under the STRC ticker. Saturn has partnered with @Ondo to bring institutional-grade tokenized assets into structured products on $STRC.Alongside the partnership, Ondo has made a strategic investment in Saturn. pic.twitter.com/wUGU0Y0BCO — Saturn Foundation (@saturn_credit) August 13, 2026 Under the…

Grayscale Investments has withdrawn the registration statements for three proposed single-asset exchange-traded funds tied to Cardano’s $ADA, Polkadot’s $DOT and Hedera’s $HBAR. The asset manager submitted three Form RW requests to the U.S. Securities and Exchange Commission on Aug. 7, telling the regulator it “does not intend to proceed with the planned distribution” of the trusts’ shares, according to the SEC filing. The withdrawals were sponsor-initiated under Rule 477 of the Securities Act of 1933, not the result of a formal SEC rejection. Grayscale said no securities had been issued or sold under the registrations, which had not yet become…

The CLARITY Act sets out to answer a question U.S. regulators have struggled with for over a decade: when does a crypto token count as an investment, and when does it behave more like a commodity such as gold. The answer determines who regulates a token, what its creators must disclose, and what rules a platform must follow when it lists that token or holds it on behalf of customers. Main Problem the Bill Is Trying to Fix When a company or development team creates a new token and sells it to fund a project, that sale can resemble an…

Alan Baratz, chief executive of U.S. quantum computing firm D-Wave Systems, has warned that sufficiently advanced quantum computers could one day render Bitcoin’s proof-of-work (PoW) protocol ineffective. In an interview with Yahoo Finance, Baratz stated that it is clear future quantum systems will outperform the specialized hardware currently used for major cryptocurrency mining, though the exact timeline remains uncertain. The Quantum Threat to Bitcoin Mining Bitcoin’s proof-of-work mechanism relies on miners solving complex cryptographic puzzles using application-specific integrated circuits (ASICs). These machines are highly optimized for the SHA-256 hashing algorithm but are fundamentally limited by classical physics. Quantum computers, by…

Tempo on Aug. 12 launched Tempo Earn, a product that lets fintechs pay their users rewards on idle stablecoin balances and keep part of the return, with payroll platform Deel as the first named deployment. Section 4(a)(11) of the $GENIUS Act bars any permitted payment stablecoin issuer from paying holders “any form of interest or yield” for holding the token. Tempo Earn sources the yield somewhere else: tokenized money market funds, onchain lending and institutional credit, with the platform choosing the assets and deciding “how rewards are split between your platform and your customers,” according to the announcement. The issuer…

Ripple is backing a new institutional credit fund that will lend its $RLUSD stablecoin to fintech and payments companies on the $XRP Ledger, alongside lending platform Clearpool and credit manager Cicada Partners. The fund will provide working-capital loans denominated in $RLUSD, per a release shared with CoinDesk, with Cicada sourcing borrowers, setting loan terms and monitoring credit risk. Clearpool is building the infrastructure used to create and manage the lending pools, while Ripple provides capital as an investor alongside other institutions. Neither the size of the fund nor Ripple’s commitment was disclosed. None of it is live on the $XRP…

A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted by federal commodities law. The unanimous decision allows Nevada gaming authorities to enforce state requirements while litigation continues. The Ninth Circuit opinion also raised concerns under the major-questions doctrine. However, it did not invalidate the Commodity Futures Trading Commission’s proposed event-contract rules or decide whether a future final rule would survive an Administrative Procedure Act lawsuit. Kalshi ruling preserves Nevada’s sports-betting authority Kalshi argued that its sports-event contracts qualified as swaps under the Commodity Exchange Act. Because Kalshi…

Weekly cryptocurrency trading volume surged to $37 billion last week, doubling within five days, according to data from The Block. The sharp rebound follows a period of subdued activity, yet the figure remains far below the 12-month high of $105 billion recorded in mid-October, just after the market-wide selloff began. August Volume Lags July On a monthly basis, August has so far generated $490 billion in trading volume, a significant drop from July’s $670 billion. This slowdown suggests that while short-term momentum can spike, sustained participation has yet to return to earlier levels. The Block’s data highlights that the current…

Bitcoin volatility returned after the Federal Reserve kept interest rates unchanged at 3.50% to 3.75% following a closely watched FOMC meeting. $BTC traded near $63,553.21, with a 24-hour decline of 0.27% as investors evaluated the Fed’s next policy moves. Market participants are focusing on Fed Chair Kevin Warsh’s comments and future rate signals that could influence risk assets and crypto markets. Bitcoin volatility has returned as traders reassess market conditions after the U.S. Federal Reserve decided to keep interest rates steady. The decision reduced immediate uncertainty but left investors analyzing the central bank’s next steps and their impact on digital…

The SEC’s Division of Investment Management said on 12 Aug that it would not recommend enforcement action if Franklin’s funds use a new custody setup to invest in the Franklin OnChain US Government Money Fund (FOBXX), as long as the company follows around a dozen conditions. FOBXX, which launched in 2021, had about $721mn in assets at the end of July. The decision helps Franklin get around custody rules that were written for physical securities and do not fit easily with blockchain-based funds. Experts told Sandmark that other asset managers could follow Franklin’s example, particularly for managing cash and collateral.…