Top story: Ripple Gets OCC Approval for National Trust Bank. At publication, Bitcoin was at $79,575 (-0.5% in 24h), Ether at $2,303.3 (-0.5% in 24h) and the total crypto market cap at $2.68 trillion (-2.4% in 24h).
Ripple received final OCC approval to operate a national trust bank that will manage RLUSD stablecoin reserves and provide fiduciary custody services. The approval allows RLUSD to remain under New York regulation while the trust bank handles reserve management and digital asset custody.
Aviva Investors and Ripple launched a tokenized share class of a £22 billion sterling fund on the XRP Ledger with initial commitments of £50 million. The deployment serves as a test case for institutional asset tokenization on public blockchain infrastructure.
Payward, parent of Kraken, is pursuing CFTC approval to become the first regulated deployer of HIP-3 markets on Hyperliquid, enabling on-chain perpetual futures for US clients through subsidiary Bitnomial. The move could reshape how US derivatives trading integrates blockchain infrastructure.
Visa is expanding USDC settlement capabilities to U.S. banks following a successful $3.5 billion pilot program. Cross River Bank and Lead Bank are the initial participants settling transactions with Visa over the Solana blockchain.
Akash Network's community voted 98% in favor of migrating AKT tokens from Cosmos to Solana as an SPL token via Prop 346. The migration would establish a one-way token conversion and require a separate vote to end staking rewards at a future marketplace cutover.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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