AGP Executive Report
Last update: an hour agoTokenized Markets Push: The SEC’s tokenized-stock path is moving fast after the CLARITY Act stalled, with regulators carving out a five-year exemption for onchain trading and venues. Stablecoin Rails Go Live: SoFi and Mastercard are now settling a $25B+ card program on stablecoin rails via SoFi USD, making blockchain settlement invisible to consumers. Wall Street Meets Crypto: Blockchain.com and NYSE Group signed an MoU to distribute tokenized U.S. stocks and ETFs through NYSE’s planned 24/7 digital ATS, pending approvals. Institutional Tokenization Momentum: Nasdaq is investing $100M in Payward to advance tokenized stock infrastructure, while Alpaca says its Instant Tokenization Network supports most tokenized U.S. equities. Crypto Security & Risk: Cosmos Hub restarted after a 25-hour halt to freeze stolen ATOM tied to a governance exploit, and Microsoft/partners disrupted the AI-powered “EvilTokens” phishing operation. Payments & Infrastructure: Binance reinforced compliance in Ghana as NG.CASH raised $15M to expand Brazil credit and crypto services. Network/Token Updates: Bybit confirmed support for Avalanche v1.15.0, and Bitwise launched its first Lighter staking ETP in Europe.
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