tokenized finance

Coinbase reported Q2 profit that fell short of estimates despite achieving record crypto market share. The company attributed the earnings miss to softer spot trading and low volatility but noted growth in derivatives, stablecoins, and tokenized finance.

Coinbase and Robinhood are competing ahead of their Q2 earnings reports, with Robinhood positioned as the industry’s potential 'first hyperscaler' due to momentum in sectors like prediction markets and tokenized finance. Coinbase faces challenges from its underperforming blockchain strategy and declining non-trading revenue, while Robinhood’s higher market cap suggests investor confidence in its growth potential.

Hong Kong's banking sector aims to be fully prepared for quantum-related security risks by 2030 as the city expands tokenized finance. The Hong Kong Monetary Authority (HKMA) is leading efforts to address these threats.

Tether has invested in Mercado Bitcoin to expand tokenized finance across Latin America. This move adds to Tether's growing portfolio of infrastructure investments.

ECB board member Isabel Schnabel warned that stablecoins could introduce money-market risks into tokenized finance and reinforce US dollar dominance. The caution highlights concerns about systemic risks and currency stability in emerging financial systems.

A coalition of 39 firms, including Nasdaq, urged the European Union to accelerate DLT pilot regulations, warning that Europe risks falling behind the United States in tokenized finance.