Why Crypto Tokenization Fails and the One Mistake Institutions Keep Making

BancaStato, the cantonal bank of Ticino in southern Switzerland, has launched regulated crypto trading, a service that lets clients buy, hold, and sell bitcoin from the bank’s existing web and mobile apps, the digital asset bank Sygnum said on Thursday. The bank connected Sygnum’s application programming interface to its Avaloq core banking system and digital…

Binance Coin Rises on BNB Chain Haber Upgrade, Tokyo Event Binance Coin (BNB) price increased to $580.80, outperforming a modestly rising broader market, driven primarily by positive sentiment around a key network upgrade and supportive sector trends. The altcoin climbed as BNB Chain is set to host an in-person event, BNB Tokyo, on July 13…

Key takeaways Solana (SOL) has rebounded above its 50-day EMA at $76.82 after a 4% rally. Rising futures trading volume and positive funding rates point to growing bullish sentiment among retail traders. Solana ETFs have recorded two consecutive days of zero inflows, signaling muted institutional demand. Solana (SOL) extended its recovery on Wednesday, climbing above…

U.S. spot bitcoin ETFs took in about $227 million on July 20, a fifth consecutive day of net inflows for the first time since late April, per SoSoValue data. Ether ETFs added about $38 million, led by BlackRock’s ETHA. The five-day run has pulled in roughly $727 million, the most sustained stretch of buying since…

This year, Tether rolled out USAT — launched with U.S. standards in mind and issued through U.S. banking partner Anchorage Digital. So far, it remains at a relatively low level of usage. “Non-compliant stablecoins cannot be used by U.S. institutions when the safe harbor expires in 2028, but we don’t expect the market to wait,”…

Grayscale has filed a new Form 8-K tied to its Solana product, outlining a trust agreement amendment that would allow net staking rewards to be distributed to shareholders at least quarterly. The filing relates to Grayscale Solana Staking ETF, or GSOL, and was filed with the SEC on July 17. The amendment is expected to…