BlackRock joins Ondo, Securitize in pitch for Sky’s tokenized asset push

IBM wires Swift's blockchain ledger into its banking platform.

Editorial Team

Powered by Gloria

Updated 1:24 p.m. ET

The financial system is digitizing from the inside out.

Ondo and partners are scaling tokenized Treasuries in DeFi, while IBM and Swift are building new rails for tokenized deposits and digital assets.

In the UK, major banks are actively testing programmable money with real clients.

And as those experiments gather pace, markets are still turning to Treasury yields and labor data for signals on where Bitcoin goes next.

7 UK banks just tested tokenized deposits with real customers, real money

Barclays, HSBC, and Lloyds just settled real sterling transactions using tokenized commercial bank money.

The pilot ran through the Great British Tokenised Deposit initiative, testing programmable payments and faster settlement.

If this scales, it rewires how banks move money at the most fundamental level.

Get the full story →

Markets

Bitcoin dips as Treasury selloff rattles risk assets

Crypto slid Thursday as markets digested a sharp Treasury selloff that sent 10-year yields to 19-year highs.

Jobless claims dropped to 197K, the lowest since mid-July, signaling a tight labor market that complicates Fed rate plans.

All eyes now turn to next week's jobs report after August payrolls badly missed expectations.

BTC hovered near $84K, ETH traded around $2,670, SOL held above $116, and XRP slipped toward $1.50.

Keep reading →

IBM connects Digital Asset Haven to Swift's shared ledger

IBM just connected Swift's shared ledger to its Digital Asset Haven platform.

The on-premises beta lets banks manage tokenized deposits without leaving their existing infrastructure.

Global interoperability is the missing piece for tokenized finance, and this fills a big gap.

Read the full breakdown →

BlackRock-linked OUSG enters race for Sky's tokenized securities initiative

Ondo Finance teamed with BlackRock and Securitize to propose OUSG for Sky's Spark Tokenization Grand Prix.

The initiative aims to onboard up to $1B in tokenized real-world assets into decentralized finance.

Tokenized Treasuries bridging into DeFi could reshape how institutions think about on-chain yield.

Check the details →

On Our Radar

The RPC roundup: Five providers are quietly becoming essential infrastructure for Arc users.*

Crypto's Wild West problem: EU regulators asked to wrangle unregulated lending platforms.

Stablecoin diplomacy: Trump team eyes foreign crypto plays to prop up Treasury bonds.

*sponsored

ICYMI

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  • A curated collection of 200+ profitable opportunities spanning content creation, e-commerce, gaming, and emerging digital markets, each vetted for real-world potential

  • Step-by-step implementation guides designed for beginners, making AI accessible regardless of your technical background

  • Cutting-edge strategies aligned with current market trends, ensuring your ventures stay ahead of the curve

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Meme of the Day

See you in the next one.

Vi

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."

BlackRock joins Ondo, Securitize in pitch for Sky’s tokenized asset push

IBM wires Swift's blockchain ledger into its banking platform.

by Editorial Team | Powered by Gloria

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The financial system is digitizing from the inside out.

Ondo and partners are scaling tokenized Treasuries in DeFi, while IBM and Swift are building new rails for tokenized deposits and digital assets.

In the UK, major banks are actively testing programmable money with real clients.

And as those experiments gather pace, markets are still turning to Treasury yields and labor data for signals on where Bitcoin goes next.

7 UK banks just tested tokenized deposits with real customers, real money

Barclays, HSBC, and Lloyds just settled real sterling transactions using tokenized commercial bank money.

The pilot ran through the Great British Tokenised Deposit initiative, testing programmable payments and faster settlement.

If this scales, it rewires how banks move money at the most fundamental level.

Get the full story →

Markets

Bitcoin dips as Treasury selloff rattles risk assets

Crypto slid Thursday as markets digested a sharp Treasury selloff that sent 10-year yields to 19-year highs.

Jobless claims dropped to 197K, the lowest since mid-July, signaling a tight labor market that complicates Fed rate plans.

All eyes now turn to next week's jobs report after August payrolls badly missed expectations.

BTC hovered near $84K, ETH traded around $2,670, SOL held above $116, and XRP slipped toward $1.50.

Keep reading →

IBM connects Digital Asset Haven to Swift's shared ledger

IBM just connected Swift's shared ledger to its Digital Asset Haven platform.

The on-premises beta lets banks manage tokenized deposits without leaving their existing infrastructure.

Global interoperability is the missing piece for tokenized finance, and this fills a big gap.

Read the full breakdown →

BlackRock-linked OUSG enters race for Sky's tokenized securities initiative

Ondo Finance teamed with BlackRock and Securitize to propose OUSG for Sky's Spark Tokenization Grand Prix.

The initiative aims to onboard up to $1B in tokenized real-world assets into decentralized finance.

Tokenized Treasuries bridging into DeFi could reshape how institutions think about on-chain yield.

Check the details →

On Our Radar

The RPC roundup: Five providers are quietly becoming essential infrastructure for Arc users.*

Crypto's Wild West problem: EU regulators asked to wrangle unregulated lending platforms.

Stablecoin diplomacy: Trump team eyes foreign crypto plays to prop up Treasury bonds.

*sponsored

ICYMI

200 Ways To Make Money With AI

Ready to transform artificial intelligence from a buzzword into your personal revenue generator?

HubSpot’s groundbreaking guide "200+ AI-Powered Income Ideas" is your gateway to financial innovation in the digital age.

Inside you'll discover:

  • A curated collection of 200+ profitable opportunities spanning content creation, e-commerce, gaming, and emerging digital markets, each vetted for real-world potential

  • Step-by-step implementation guides designed for beginners, making AI accessible regardless of your technical background

  • Cutting-edge strategies aligned with current market trends, ensuring your ventures stay ahead of the curve

Download your guide today and unlock a future where artificial intelligence powers your success. Your next income stream is waiting.

Get The Free Guide

Meme of the Day

See you in the next one.

Vi

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."