Fidelity International has launched the Fidelity USD Digital Liquidity Fund, known as FILQ, as its first tokenized liquidity fund. Summary FILQ gives institutions 24/7 tokenized liquidity backed by regulated, highly rated government securities and controls. Chainlink will publish NAV data onchain, while JPMorgan supplies approved daily pricing data for FILQ. Fidelity’s launch follows JPMorgan, BlackRock
Traditional collateral management still relies on inefficient, outdated systems that cost financial institutions millions each year in unnecessary operational expense and lost interest earnings. Tokenisation offers a potential fix — but only when it makes assets genuinely mobile and deployable across workflows, rather than simply representing value on-chain. With technical, operational and regulatory hurdles now
Parliamentary standards watchdog formally launched a probe into Nigel Farage over an undeclared £5M gift tied to crypto donations. Summary Parliamentary Standards Commissioner Daniel Greenberg has opened a formal inquiry into whether Farage breached the Commons Code of Conduct. The £5M came from Christopher Harborne, a Thailand-based investor who holds a 12% stake in Tether
AI Layer-2 token Matchain MAT surged 349% in a single session as speculative capital rotated into small-cap altcoins. Summary Matchain is a BNB Chain zk-rollup focused on decentralised identity and AI-driven advertising infrastructure, with a market cap under $3 million. The move coincided with CryptoQuant’s Bull-Bear Market Cycle Indicator turning bullish on May 12 for
Bitcoin price is trading at $81,000, up by nothing despite the collapse of US-Iran peace talks that sent prediction and sentiment back below the bullish line. when President Trump rejected Iran’s latest proposal as “totally unacceptable.” Oil prices surged by 5%, the US dollar index (DXY) climbed above 98, and risk assets from stocks to
The copper gold ratio has broken above its 200-day moving average for the first meaningful time since September 2020. Summary The ratio now stands at 0.00142, with copper at $6.65 per pound and gold near $4,700 per ounce, up 25% from its recent lows. Previous surges in 2013, 2017, and 2021 aligned with the early
Consensys, the Ethereum development firm led by Joe Lubin, has pushed back its potential U.S. public offering until fall at the earliest due to poor market conditions, according to two people familiar with the situation. The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs last year to lead the process. Consensys
Yellow Network chairman Alexis Sirkia says the CLARITY Act is the structural reset U.S. crypto has waited for. Summary Sirkia argues the bill creates the first navigable framework around classification, jurisdiction, and compliance for crypto firms. Years of regulatory uncertainty pushed builders to Dubai and Singapore, and the CLARITY Act could reverse that flow if
The Senate on Wednesday confirmed Kevin Warsh as the next chair of the Federal Reserve in the most divisive confirmation vote in the central bank’s modern history, handing President Donald Trump a landmark win just as fresh inflation data clouds the path to the interest rate cuts he has loudly demanded. The chamber voted 54–45
Tokenized Treasuries hit a record $15.35 billion on May 13 as Fed rate-hike fears drove investors toward on-chain yield. Summary Total value locked in tokenized Treasuries surpassed the previous mid-April peak of $15.10 billion, with rwa.xyz data confirming the $15.35 billion record on May 13. April’s US CPI came in at 3.8% annually, sharply raising
