The new platform, planned to debut by July, will use tools from tZERO and integrate with blockchain firm Figure to offer services such as mortgages and renovation loans.
Ether's plunging price stands in stark contrast to surging blockchain activity, marking a contrast to prior bear markets, company Chairman Tom Lee said.
NYSE and Nasdaq introducing 24/7 trading with tokenized stock would be a "godsend," solving thin weekend liquidity, Ondo Finance President Ian de Bode told CoinDesk in an interview.
The stablecoin giant saw sharp growth in its USDT token's supply, and was one of the world's largest U.S. government debt holder with $141 billion Treasury exposure.
Crypto bulls who have theorized that bitcoin can't begin rising until money flows out of red-hot precious metals are about to find out if they were correct.
The bitcoin-friendly nation's central bank now holds over $360 million of the yellow metal, while the government, led by President Nayib Bukele, has bitcoin holdings worth $635 million.
Thursday's decline showed that, despite hopes for being a macro hedge, bitcoin continues to trade like the riskiest of risk assets when markets turn lower.
With crypto prices and crypto-related stocks in the midst of a major selloff today, Securitize SPAC merger partner Cantor Equity Partners II is higher by 4.4% on the news.
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