Capital One to Acquire Fintech Firm Brex in $5.15B Stock-And-Cash Deal

Superstate, a tokenization-focused startup, secured $82.5 million in Series B funding led by Bain Capital's crypto division and Distributed Global. The company facilitates moving traditional assets onto blockchain networks like Ethereum and Solana, a trend that has gained traction in the past year.

Elliptic's report reveals that A7A5, a ruble-pegged stablecoin issued on Ethereum and Tron, has seen over $100 billion in transactions among 41,300 wallet addresses. The stablecoin's circulation has increased to 42.5 billion, with a value of $547 million, but activity has slowed down due to sanctions.

Thailand's SEC plans to introduce new provisions for crypto exchange-traded funds and digital assets as an investment class in its three-year strategy. The country aims to enhance market competitiveness, utilize technology for asset development, and ensure sustainable capital markets amidst global challenges.

The Dogecoin Foundation has launched a spot Dogecoin ETF on Nasdaq under the ticker TDOG, allowing investors to access the meme coin without using self-hosted wallets or crypto exchanges. This ETF, endorsed by the foundation and approved by the SEC, aims to attract younger traders seeking crypto exposure through traditional brokers.

Tokenisation, championed by BlackRock CEO Larry Fink, aims to revolutionize finance by reducing fees and enhancing accessibility through blockchain technology. Despite modest progress, the industry is projected to grow significantly, with the potential to reshape the financial system by 2030.

The stablecoin market reached a record high of over $311 billion in total supply, led by Tether's USDT and Circle's USDC. Amid market turbulence, traders turned to stablecoins for a volatility buffer, with liquidations hitting $520 million in the past 24 hours.

GoMining has collaborated with Jacob & Co. to create a limited-edition watch and Bitcoin miner package, combining luxury with mining rewards. The $40,000 Epic X GoMining set includes a Bitcoin-themed luxury watch and a 1,000 terahash digital miner.

Gen Z and Millennials in the U.S. show a strong preference for using and trusting crypto over traditional finance due to their desire for control and access to their assets. This trend is reflected in their choice between self-custody and regulated providers for managing their crypto holdings.

Experts predict that Bitcoin, DeFi, and tokenized assets will dominate crypto development in 2026, with regulatory clarity crucial for mainstream adoption. ARK Invest's report forecasts a $28 trillion digital asset market by 2030, with Bitcoin expected to command 70% of it.

An updated version of crypto market structure legislation was released by Senate Agriculture Chair John Boozman, with plans to move the bill to markup next week. Despite lacking bipartisan support, the draft reflects stakeholder input and months of work.