Author: NBTC

Nomura‑backed RWA protocol KAIO is rolling out its KAIO governance token and foundation as it tries to turn a $100 million on‑chain beachhead into a claim on a projected $30 trillion tokenization wave. RWA tokenization protocol KAIO, incubated by Nomura Group’s digital asset arm Laser Digital, has launched its KAIO governance token and set up the KAIO Foundation to oversee protocol governance, treasury management, and ecosystem development. The token has a fixed supply of 10 billion and is positioned as an infrastructure bet on the rapidly growing real‑world asset (RWA) segment, which recent research cited by crypto.news suggests could reach…

Citigroup is launching a new way for wealthy and institutional investors to buy stakes in private companies using blockchain technology as part of a broader push by major banks to bring traditional financial assets onto digital asset networks. The bank on Thursday unveiled what it called Digital Depositary Receipts, a product that allows investors to gain exposure to private company shares through blockchain-based securities issued and held by Citi. The launch comes as many fast-growing companies are waiting longer to go public, leaving investors with fewer ways to access sought-after private firms. At the same time, demand for private-market investments…

Top-rated asset management firm and one of the spot Ethereum ETF issuers, Fidelity has made a notable Ethereum purchase that has caught the attention of the crypto community. Earlier today, Arkham Intelligence firm disclosed data which signaled a resurgence in Fidelity’s Ethereum ETF performance following its latest Ethereum purchase. Fidelity buys $28.6 million of Ethereum According to data provided by the source, Fidelity purchased Ethereum tokens worth about $28.6 million over the last week. This purchase has become notable as it marks the largest weekly purchase the firm has made in about two months. The source confirmed that the last…

Balcony, a company applying blockchain technology to real estate transactions, has raised $12.7 million in a seed funding round led by Blockchain Ventures, as reported by The Block. The fresh capital will be used to expand the firm’s engineering team and accelerate its operations in the United States. Funding Details and Strategic Direction The seed round, one of the larger ones in the proptech blockchain sector this year, signals continued investor interest in digitizing real estate processes. Balcony’s platform aims to streamline property transactions, title management, and ownership records using distributed ledger technology, reducing friction in a traditionally paper-heavy industry.…

Pi Network has completed more than 526 million human validation tasks through a distributed workforce of over one million identity-verified participants, the project announced this week, positioning itself as one of the largest verified human labour networks in the world at a moment when demand for exactly that kind of infrastructure is accelerating rapidly. The work was carried out as part of Pi’s native KYC system, with validators paid directly in Pi tokens for completing verification tasks. The result is a network that has verified over 18 million people across more than 200 countries and regions, combining AI automation with…

The UK’s Financial Conduct Authority (FCA) has proposed allowing authorized investment funds to allocate up to 10% of their assets to crypto exchange-traded notes (ETNs), according to a report from The Block. The proposal, which is currently open for consultation, targets public funds known as UCITS (Undertakings for Collective Investment in Transferable Securities) and most non-UCITS retail investment funds. If adopted, the regulation would mark a significant step in integrating digital assets into regulated retail investment products in the UK. Background and regulatory context The FCA has historically taken a cautious approach to crypto assets, banning the sale of crypto…

SpaceX (SPCX) shares will begin trading on Solana the same day the company is expected to list on Nasdaq, according to Sunrise, a tokenization infrastructure provider, and Backpack Securities, a regulated brokerage and crypto trading platform, which are launching a tokenized version of the stock called SPCX. The token, issued by Backpack, represents ownership of underlying SpaceX shares and can be redeemed for those shares through Backpack’s brokerage platform. The firms say eligible shares can also be converted back into tokens, creating a bridge between traditional brokerage accounts and blockchain-based markets. The launch attempts to bring newly listed U.S. equities…

After springing back to life on the back of positive CLARITY Act development, the price of Bitcoin has been relatively quiet over the past few days. The premier cryptocurrency, which had been dancing around $82,000, is now barely above $78,000. According to a crypto trader on the social media platform X, the latest decline in Bitcoin’s price might not be what it seems and could be a fakeout. Divergence Between $BTC Price, Open Interest Suggests Imminent Reversal Pseudonymous crypto pundit Cryptic Trades took to the X platform to share an interesting take on Bitcoin’s recent price decline. The market analyst…

Grayscale, one of the largest digital asset managers, has deposited 19,548 Ether ($ETH) — valued at approximately $32 million — into Coinbase Prime within the past hour, according to blockchain analytics firm Arkham Intelligence. Details of the Transaction The transfer was detected and publicly flagged by Arkham’s on-chain monitoring tools. The funds originated from Grayscale’s Ethereum Trust wallet address and were sent directly to Coinbase Prime, the institutional trading and custody platform operated by Coinbase. The transaction occurred in a single batch, indicating a coordinated move rather than a series of smaller transfers. What This Means for the Market Large…

Major banks and macroeconomic institutions on Wall Street have begun to increasingly postpone their expectations for Fed interest rate cuts. Particularly after the April non-farm payrolls data, some institutions were seen to have completely abandoned or delayed their previously anticipated rate cuts. About half of the institutions following the Fed no longer expect any interest rate cuts in 2026. Market commentators note that if the current trend continues, the number of institutions holding the “no rate cut” view could increase further. Analysts point out that the resilient outlook for inflation and the strong labor market are putting pressure on the…