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Discover how blockchain is reshaping finance and data with groundbreaking institutional moves and next-gen decentralized tech.
In today's edition:
- Japan’s TIS Inc. integrates Avalanche’s multi-token platform to transform institutional payments.
- Evernorth nears $1 billion XRP treasury, signaling a shift in institutional crypto portfolios.
- Innovations in decentralized AI and tokenized credit funds push blockchain beyond traditional finance.
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(OpenAI, gpt-image-1-mini)
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Adoption
Avalanche and Japan’s TIS Inc. Join Forces to Revolutionize Institutional Payments with Multi-Token Platform
Briefly: Japan’s largest payments processor TIS Inc. has launched a Multi-Token Platform on Avalanche’s AvaCloud, enabling banks and corporations to settle payments and manage tokenized deposits and securities on-chain, potentially transforming Japan’s institutional finance landscape.
Key Information:
- TIS Inc. processes over ¥300 trillion annually in B2C payments and aims to scale to ¥1,000 trillion by migrating B2B and payroll transactions on-chain.
- Avalanche’s AvaCloud provides automated scaling, real-time governance, and cross-chain capabilities that fit regulated financial environments.
- The platform supports yen stablecoins like JPYC, which is backed by Japanese government bonds and deposits, with no transaction fees.
- Widespread adoption depends on regulatory clarity regarding backing, custody, and redemption of tokenized yen assets.
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Institutional
Evernorth Nears $1 Billion XRP Treasury Goal, Signaling Major Institutional Shift
Briefly: Evernorth is rapidly approaching its ambitious $1 billion XRP treasury target, holding over 388 million XRP tokens valued at nearly $947 million, marking a significant milestone in institutional adoption of XRP beyond Bitcoin and Ethereum.
Key Information:
- Evernorth has acquired 95% of its $1 billion XRP target, with 388.7 million XRP purchased at an average price of $2.44.
- The firm has generated about $46 million in unrealized profits within just four days of accumulation.
- Evernorth plans to go public via a SPAC merger with Armada Acquisition Corp II, aiming to raise over $1 billion in gross proceeds.
- Ripple executives including CEO Brad Garlinghouse and CTO David Schwartz endorse Evernorth’s strategy, focusing on lending, liquidity, and DeFi yield opportunities.
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🏃 Fast & Fresh Bytes
InfrastructureTelegram launched Cocoon, a decentralized AI inference network on its TON blockchain, connecting AI developers and GPU providers in a privacy-focused tokenized ecosystem, with Telegram itself as the first big client.
FinanceSecuritize rolled out a tokenized credit fund on Ethereum in partnership with BNY Mellon, offering exposure to collateralized loan obligations and aiming to boost transparency and liquidity in credit markets.
AdoptionOndo Global Markets expanded to BNB Chain, enabling millions to trade tokenized U.S. stocks and ETFs like Apple and Tesla with regulatory compliance, fast settlement, and plans for PancakeSwap liquidity integration.
InvestmentMegaETH secured $450 million in an oversubscribed token sale, backed by Ethereum founders, to accelerate development of its high-speed Ethereum layer-2 scaling solution.
RegulationGermany’s AfD party urged the government to treat Bitcoin as a strategic asset, opposing overregulation under MiCA and pushing for tax benefits and recognition of BTC’s role in national financial stability.
TechnologyIntuition launched its InfoFi mainnet, a Layer-3 rollup on Arbitrum optimized for verified information and AI data management, backed by $8.5 million in funding and supported by major crypto investors to decentralize data trust and monetization.
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📈 Numbers and Trends
- Evernorth holds 388,710,606 XRP tokens, reaching 95% of its $1 billion treasury target with an average purchase price of $2.44 per XRP.
- Fed cut interest rates by 25 basis points to 3.75%-4%, causing Bitcoin to fall nearly 4% and Ethereum to drop over 5%, with total crypto market cap declining 2.5% to $3.78 trillion.
- BitGo expanded custody services to Canton Network’s CC token, securing $250 million insurance and supporting over $6 trillion in on-chain assets across 600 validators.
- MegaETH raised $450 million in a token sale, nearly nine times its target, attracting over 14,000 investors to fund its high-speed Ethereum Layer-2 solution.
- Intuition launched its InfoFi Layer-3 mainnet after raising $8.5 million, processing over 17.5 million transactions in eight weeks with 900,000 unique accounts.
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💬 Quote of the Day
"We go beyond using decentralized infrastructures only for finance, toward decentralizing information itself, so people, communities, and AI agents can access trusted data without intermediaries and directly share the value created."
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1️⃣ Number of the Day
95% - Evernorth achieves 95% of its $1 billion XRP treasury target
Evernorth's rapid accumulation of nearly $947 million worth of XRP signals a major institutional commitment to diversifying crypto holdings beyond Bitcoin and Ethereum, potentially setting a new benchmark for XRP's adoption and market influence.
Evernorth Has Reached 95% Of Its XRP Treasury Target – Here Are The Numbers
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