Author: NBTC

NYLIM was the latest entrant to the list of asset management giants making moves in tokenization, teaming up with Centrifuge (CFG) to bring one of its high-yield corporate bond strategies onchain. For NYLIM, tokenization is less about launching blockchain versions of existing funds than improving how portfolios are assembled. Sy said customized investment strategies often combine ETFs, bonds, private credit and other assets, creating operational complexity that makes personalization difficult to scale. “The end goal is to embed the customization within the asset itself, rather than the customization sitting around the operations around the different assets,” he said. Tokenization could…

As of 8:19am today in New York, every retail investor who had ever bought shares of Enlivex on the Nasdaq, an arthritis biotech-turned-digital asset treasury (DAT), had lost money. The company bet its balance sheet on the $RAIN crypto token that ZachXBT eventually tied to Moshe Hogeg, an Israeli entrepreneur facing a $290 million law enforcement investigation. Shares of Enlivex, which have been trading publicly for 12 years, traded to their all-time low of $0.42 this morning. Investors are slowly losing it all. Hogeg has denied fraud allegations via a spokesperson. The biotech company spent years developing clinical therapeutics. Bizarrely,…

India’s Parliamentary Standing Committee on Finance, chaired by Bhartruhari Mahtab, held its 7th meeting on virtual digital assets (VDAs) today with representatives from the Reserve Bank of India (RBI) and the Institute of Chartered Accountants of India (ICAI). This marked RBI’s first testimony before the panel on crypto-related issues. RBI Firmly Opposes Crypto Legal Status In India India’s Parliamentary Standing Committee on Finance held its 7th meeting on VDAs, consulting from RBI and ICAI representatives. Chairman Mahtab stated that the RBI did not recommend giving legal status to cryptocurrencies in India. Meanwhile, this latest meeting forms part of the committee’s…

CoinFlip has secured a Markets in Crypto-Assets [MiCA] license from Italy’s securities regulator, allowing the U.S.-based crypto platform to expand its services across the European Union as the bloc’s transition to its new crypto regulatory framework enters a new phase. The approval comes one day after the EU’s MiCA grandfathering period expired on July 1, requiring crypto-asset service providers [CASPs] operating in the bloc to hold MiCA authorization or cease offering regulated services. The timing highlights how firms are racing to position themselves under the EU’s harmonized crypto regime. CoinFlip expands European footprint under MiCA CoinFlip said it received the…

Attending the NATO Leaders Summit in Ankara, which Türkiye hosted for the first time in 22 years, US President Donald Trump held a press conference and made important statements regarding Iran. According to AA’s report, Trump, who answered questions from the press alongside NATO Secretary General Mark Rutte, said that the ceasefire with Iran was over. Responding to a journalist’s question about Iran, Trump said, “I think the ceasefire with Iran is over. They are liars. From my point of view, wasting time with them is a complete waste of time.” Following Trump’s statements, increased geopolitical tensions caused Bitcoin to…

A 927-Page Filing Lands More Than a Year Late The purchases surfaced in the president’s annual financial disclosure report, a 927-page spreadsheet-style document filed with the Office of Government Ethics (OGE) this week and first reported by NBC News journalists Steve Kopack and Gabe Gutierrez. The trades appear scattered throughout the filing, and none of them had been reported before now. Image source: X The timing of the development comes as federal ethics law requires senior officials to report securities transactions within 45 days on periodic transaction reports known as 278-T forms. Trump filed no such reports for the April…

President Donald Trump defended his billion-dollar cryptocurrency windfall on Thursday, asserting there was nothing “illegal” or “wrong” about it. Crypto Is A ‘Big Deal’ During an interview with CNBC, Trump said cryptocurrency is a “big deal,” reiterating his longstanding position that the U.S. must lead in the space or . When questioned about the over $1 billion he and his family made from cryptocurrency ventures during his first year in office, Trump said, “There’s nothing illegal, there’s nothing wrong with it.” Trump also revealed that he had been involved in the cryptocurrency business before becoming president, while sidestepping questions about…

Multiple users of KASTxyz have reported receiving emails indicating the company’s intention to convert meaningful points balances into tokenized equity. This news was shared by SolanaFloor, highlighting a significant shift in KASTxyz’s strategy. More details are expected to emerge in Q4, providing further clarity on these developments. Inside the Move Amid a wave of selling pressure across the crypto market, KASTxyz is making headlines with its innovative approach. The company plans to convert users’ accrued points into tokenized equity rather than launching a traditional token. This conversion process involves aggregating points in a digital ledger and utilizing a regulated token-issuance…

The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses $ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” “If adoption continues, the chain could become a meaningful new source of demand for $ETH,” said Token Terminal on Thursday. Robinhood has also offered tokenized stocks to customers in more than 120 countries, responding to a surging demand for tokenized US equities. Ethereum and its layer-2 scaling…

Artem Tolkachev is Chief RWA Officer at Falcon Finance, which builds collateral-first dollar infrastructure. What actually determines whether a stablecoin gets used, not just parked, is whether the venues where people trade, borrow and hedge will accept it as collateral. Can you post it as margin on an exchange? Does it get a sensible loan-to-value in a lending market? Can it move across venues without losing so much to haircuts that it becomes irrelevant? Collateral acceptance is the line between a dollar token that sits in a wallet earning a coupon and one that does real work in the financial…