Securitize's proposal to make BlackRock’s BUIDL token the backing for Frax Finance’s USD stablecoin has received swift governance approval, paving the way for the launch of the frxUSD stablecoin, the company announced on Thursday.

Ethereum's price could see substantial growth if the current supply-and-demand dynamics hold — driven by on-chain valuation metrics and a resurgence of investor interest in Ethereum-based financial products — according to analysts at CryptoQuant."Bas

DeFi platform Step Finance has acquired early-stage startup Moose Capital, which specializes in tokenizing traditional stocks — aiming to allow users to buy and sell shares of companies like Nvidia and Tesla directly on the Solana blockchain.Step Fin

The 12 U.S. spot Bitcoin exchange-traded funds surpassed 500,000 BTC in cumulative net inflows on Wednesday, less than a year after trading began on Jan. 11.“Year-to-date flows to spot ETFs have surpassed 500,000 BTC,” K33 Head of Research Vetle Lund