Kraken continues acquisition streak by buying token management firm Magna ahead of IPO push
The deal adds token lifecycle infrastructure to Kraken’s growing product suite.
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The deal adds token lifecycle infrastructure to Kraken’s growing product suite.
Eligible U.S. users, excluding those in New York, can now borrow up to $100,000 in USDC without selling the four tokens, Coinbase said.
Apex Group plans to test USD1's stablecoin infrastructure within traditional fund administration, aiming to speed settlement for tokenized assets.
The financial giant with $3.5 trillion in assets has teamed up with World Liberty Financial to test the USD1 stablecoin for fund flows and tokenized assets.
Although US President Donald Trump was not slated to appear at today's event, it will include two senators, the CFTC chair, and industry leaders.
Kraken acquired the token management platform Magna, marking the exchange’s sixth acquisition over the past 12 months.
The exchange is expected to launch 24/7 trading of tokenized assets later this year.
Jake Chervinsky, CEO of the Hyperliquid Policy Center, said markets are migrating to blockchain, and the U.S. need to adopt new rules of risk being left behind.
Ultan Miller touts a blockchain-based pre-IPO index, while critics warn unauthorized equity tokenization risks legal and investor fallout.
The Nasdaq-listed SUIS fund offers direct exposure to Sui’s native token while passing through proof-of-stake rewards in a regulated ETF wrapper.
The independent research and advocacy organization will be dedicated to ensuring that DeFi can flourish in the U.S., according to Hyperliquid.
Two spot SUI exchange-traded funds hit the market on Wednesday, offering investors direct exposure to the token's price.