Author: NBTC

As HSBC, Lloyds, and JPMorgan all commit to tokenized deposits on the Canton Network, Digital Asset Chief Product Officer Bernhard Elsner explains why the instrument is structurally distinct from stablecoins and how Canton’s architecture eliminates bridge risk rather than simply managing it. The tokenized deposit market is accelerating. HSBC has completed a pilot simulating the issuance and atomic settlement of its Tokenised Deposit Service on the Canton Network. Lloyds Bank issued tokenized sterling deposits on Canton and used them to purchase a tokenized gilt from Archax. JPMorgan’s Kinexys unit is bringing JPM Coin natively to Canton in a phased integration…

The Gensyn Foundation, the entity behind the decentralized artificial intelligence (AI) infrastructure project Gensyn (AI), announced via its official X account that it intends to move a substantial volume of locked tokens to a new wallet address over the coming days. The foundation explicitly stated that all transferred tokens will remain under lock and will not enter market circulation. Token Transfer Details and Purpose According to the foundation’s statement, the transfer is being conducted for internal operational purposes. The announcement emphasized that the movement of tokens is a routine administrative action, not a precursor to any token sale or distribution…

A major piece of US crypto legislation is now in the spotlight with $XRP at the center: the CLARITY Act draft text was released Monday night, totaling 309 pages and arriving ahead of a key Senate markup scheduled for Thursday. The bill has been delayed since January, but the appearance of the full draft has already triggered intense attention from $XRP analysts who believe important parts of the document could meaningfully improve the altcoin’s regulatory outlook. ‘Legally Favorable’ For $XRP According to market expert Bull Winkle, several provisions in the draft point to “significant bullish categories” for $XRP. In a…

DGrid AI, a popular decentralized AI infrastructure company, has partnered with AltLLM, a crypto-native AI network. The partnership aims to advance the development of robust crypto-native AI infrastructure as well as the wider Web3 adoption. As per DGrid AI’s official social media announcement, the move focuses on merging its infrastructure capabilities with the AI-led crypto products of AltLLM to develop relatively efficient and scalable solutions for decentralized AI. Hence, both entities endeavor to improve infrastructure coordination, market expansion, and ecosystem growth via resilient AI integration. 🧡💛Excited to announce our partnership with @usealtai.AltLLM is building a crypto-native #AI suite with products…

Euro stablecoins have surged 1,200% under MiCA as regulatory clarity attracts institutional capital into euro-denominated digital assets. Controlled reserve management (requiring 100% fiat-backing for EU stablecoin issuers) has boosted investor confidence by nearly 50%. While the 1,200% growth has not been uniform across all euro-denominated digital assets, it reflects a massive shift in market structure following the implementation of MiCA. Consequently, the striking growth is notably concentrated in MiCA-compliant tokens that have absorbed liquidity from their unregulated rivals. Major financial players like Société Générale and Deutsche Börse are already using euro stablecoins for tokenized fund management and wholesale payments. Additionally,…

Solana has officially deployed its long-awaited P-Token upgrade on mainnet, delivering a major throughput increase that developers say could make token-related transactions up to 20 times more efficient across the network. The launch was first reported by ChainCatcher, citing ecosystem updates shared by SolanaFloor. The upgrade, formally known as the Optimized Token Program or SIMD-0266, dramatically lowers compute consumption for token operations while increasing usable network capacity. According to the official Solana documentation, the new token framework reduces compute unit usage by between 95% and 98% for common token instructions, including transfers, minting and account initialization. Solana said the upgrade…

Senator Cynthia Lummis is making her pitch for the CLARITY Act with a message designed to appeal to both sides of the crypto regulation debate: protect the builders, empower the cops. The Wyoming Republican highlighted provisions in the Digital Asset Market Clarity Act of 2025 that shield software developers from being classified as money transmitters while simultaneously giving law enforcement stronger tools for digital asset enforcement. What the CLARITY Act actually does Introduced as H.R. 3633, the legislation takes aim at one of crypto’s most persistent headaches: nobody knows who’s in charge. The bill would formally delineate regulatory authority between…

Lido contributors have published security principles explaining why the protocol’s Network Expansion Committee selected Chainlink CCIP for cross-chain deployment of its liquid staking token. The decision reflects heightened scrutiny of bridge infrastructure following major cross-chain exploits that have resulted in nearly $3 billion in stolen funds, including the recent Kelp / LayerZero vulnerability. Cross-chain bridges have become a critical security frontier for DeFi protocols expanding beyond their origin chains. The choice of bridge infrastructure directly impacts token security, operational safeguards, and issuer controls. Lido’s published framework outlines the evaluation criteria used to assess candidate solutions, with emphasis on mitigating risks…

One of the biggest stock-market debuts in history is six weeks away, and crypto sits in the same liquidity pool it will draw interest from. SpaceX filed a confidential S-1 with the SEC earlier this month, targeting a $75 billion capital raise at a $1.75 trillion valuation. If it prices anywhere near that level in its expected June listing, the offering will be more than 2.5 times larger than Saudi Aramco’s $29 billion 2019 record, making it the biggest stock-market debut in history. Polymarket traders assign a 65% probability of a June listing and a 53% probability that the first-day…

Evernorth Holdings, created by former Ripple executive Ashish Birla with the ambitious goal of building the world’s largest corporate $XRP treasury, has encountered harsh market reality. According to a fresh report from CryptoQuant analyst Maartunn, the company has recorded an unrealized loss of around $389 million. The treasury, positioned as a benchmark for institutional crypto asset management, remained profitable for only two weeks during its entire history, the on-chain expert points out, citing the chronology of a poorly timed market entry. How Evernorth’s heavyweight backers hit a wall on a $950 million $XRP bet In autumn 2025, Evernorth formed the…