Tokenized Securities Firm KoreInside Targets Ethereum, Solana And Avalanche With New Web3 Partnership

KoreInside and Digital Motion have formed a partnership designed to help issuers move regulated tokenized securities onto public blockchains including Ethereum, Solana, Avalanche and Base. The collaboration combines securities compliance infrastructure with the technical systems needed to deploy and operate assets on-chain.

Ethena Expands USDe Backing Strategy Into Tokenized US Equities

TL;DR Ethena is expanding the basis-trade strategy behind USDe into tokenized U.S. equities. Binance bStocks can be used as tokenized spot assets while equity perpetual futures hedge the market exposure. The strategy broadens USDe’s backing model beyond crypto-native basis trades, but it also introduces equity-market and venue-specific risks. Ethena is pushing the trading strategy behind […]

Kamino Brings Sterling Lending Onchain With tGBP Market

TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies. Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL. The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana. Dollar stablecoins dominate DeFi, but Kamino is adding a different currency to […]

Streamflow Burns 70% Of STREAM Supply In 699.99M Token Cut

TL;DR The Streamflow Foundation has burned 699.99 million STREAM tokens in a single onchain transaction. Total supply fell from roughly 1 billion STREAM to 300 million. The foundation says its product operations, vesting schedules, staking and airdrop services are unchanged by the supply reduction. Streamflow has made one of the more dramatic token-supply changes of […]

Travala Creates Permanent AVA Reserve And Doubles Monthly Buybacks

TL;DR Travala has launched a permanent strategic reserve for its AVA token. The company says it will match AVA Foundation monthly open-market buybacks, effectively doubling the amount purchased each cycle. Travala says tokens placed into its reserve will not be sold or transferred. Crypto travel platform Travala is putting a new balance-sheet commitment behind its […]