The institutional era has arrived.
This week saw breakthroughs across banks, infrastructure providers, and digital asset leaders as the shift to onchain finance accelerates.
Here's what you need to know 👇
1⃣ Standard Chartered CEO Bill Winters: “All transactions will settle on blockchains eventually, and all money will be digital”
Bill Winters, CEO of Standard Chartered, a $900B global bank, believes it is a matter of time before the financial system moves onchain.
2⃣ Ondo Finance partners with BX Digital to launch tokenized stocks in Europe
Ondo Finance and BX Digital, part of Europe's sixth-largest exchange group (€90B annual trading volume), partner to launch regulated trading of tokenized stocks and ETFs in Europe.
3⃣ Clearstream launches tokenized issuance platform, D7 DLT, in partnership with Google
Clearstream, a Deutsche Börse subsidiary, launches D7 DLT, a tokenized securities platform built with Google Cloud. The platform will serve Clearstream Banking's issuer clients, starting in international markets.
4⃣ Citadel Securities and Fortress Investment Group invest $500M in Ripple at $40B valuation
Ripple has raised $500 million from Ken Griffin’s Citadel Securities and Fortress Investment Group in a strategic round, valuing the firm at $40 billion.
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