Opinion

Morning Minute: Democrats Want A Seat at the Crypto Table

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors chop, SOL leads at $220; BTC at $112,300 Several crypto mining stocks soar on back of Oracle report of AI…

DeFi

BlackRock Exec Pitches Hyperliquid on Ethena’s Stablecoin Proposal

In brief Ethena presented a proposal for Hyperliquid’s stablecoin. USDH would be indirectly backed by BlackRock’s tokenized BUIDL fund. Ethena would divert USDH revenue back into Hyperliquid’s ecosystem. Ethena Labs, makers of the synthetic-dollar protocol, cast its name into the USDH ring on Tuesday, presenting itself as a potential suitor for issuing Hyperliquid’s stablecoin.The decentralized…

Opinion

Morning Minute: OpenSea Makes Big Moves in Final Sprint to $SEA

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors green, SOL leads again; BTC at $112,700 Tom Lee 30x’s Moonshot bet on OCTO (WLD +75%) HYPE hits a new…

Business

Jack Ma’s Ant Digital Taps Blockchain to Tokenize $8.4B in China’s Energy Assets: Report

In brief Ant Digital linked $8.4B in Chinese energy assets to AntChain, tracking 15M renewable devices. It raised 300M yuan ($42M) for three clean energy projects via tokenized assets, Bloomberg reported. Adoption is expected to remain institutional, with offshore listings hinging on regulatory approval, Decrypt was told. Jack Ma-backed Ant Group’s enterprise arm has reportedly…

Markets

Nasdaq Files With SEC to Allow Trading of Tokenized Stocks

In brief Nasdaq’s proposal comes as interest in tokenization of assets surges throughout the financial services world. The exchange said that it believes tokenization can provide the same benefits and protections as traditional systems. Nasdaq lists technology giants like Apple, Amazon, Meta, and Google. Nasdaq has asked the U.S. Securities and Exchange Commission for a…

Business

Wall Street’s Needs Will Advance Ethereum’s Privacy, Says Etherealize

In brief Wall Street will advance privacy on Ethereum, according to Danny Ryan. Etherealize is building infrastructure for trading and settling tokenized equities. The company plans on leveraging zero-knowledge proofs. Privacy advocates should be cheering on Wall Street’s adoption of cryptocurrencies, according to Etherealize co-founder and President Danny Ryan.As markets move on-chain, financial institutions are…

Opinion

Morning Minute: Tokenized Pokémon Cards Just Went Parabolic

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors chop with ETH leading; BTC at $111,000 CFTC clears Polymarket for US operations; departing chair issues warning Federal Reserve to…