[Brief] Grayscale has filed a Worldcoin ETF application with the US Securities and Exchange Commission. If approved, it would be the first exchange-traded fund based on a biometric identity protocol. Worldcoin, co-founded by OpenAI’s Sam Altman, distributes tokens via iris scanning. The project has faced privacy concerns in multiple countries. Editor: GoodInfo Global News Team
The Bank of Korea (BOK) announced it will launch live CBDC transactions with nine commercial banks in September, marking a major milestone in the country’s digital currency development.
Brazil’s securities regulator (CVM) has established a task force with a 60-day deadline to submit a tokenization regulatory framework proposal for the country’s central bank digital currency.
Core Summary Crypto brokerage firm Alpaca has raised $135 million to develop infrastructure for tokenized stocks. The funding round reflects growing institutional confidence in bringing traditional securities to blockchain-based systems. Event Details According to CoinDesk, Alpaca closed a $135 million funding round dedicated to building tokenized stock infrastructure. The company aims to enable traditional equities to be traded on blockchain networks, reducing settlement times and increasing market accessibility. The investment signals that tokenization of real-world assets continues to attract significant capital, with traditional financial instruments increasingly moving on-chain. ...
Core Summary T. Rowe Price, a U.S. asset management giant with $1.9 trillion in assets under management, has officially launched its first actively managed multi-token crypto ETF — the TKNZ Active Crypto ETF. The product began trading Thursday after the firm filed for it in October. This move marks a new phase in traditional asset management industry’s strategic deployment into digital assets. Event Details According to The Block, T. Rowe Price’s TKNZ Active Crypto ETF officially began trading on Thursday. The company filed for the product last October, and after regulatory approval, it has now come to market. This is the company’s first actively managed crypto ETF and one of the few multi-token crypto fund products issued by a traditional asset management giant. ...
Core Summary Visa has officially launched a stablecoin platform enabling banks and fintech companies to issue, manage, and settle digital dollars through its payments network. The platform will integrate Open Standard’s OUSD stablecoin, positioning it as a direct competitor to Circle’s USDC. This move signals traditional payment giants fully embracing on-chain financial infrastructure, intensifying competition in the stablecoin market. Event Details According to CoinDesk and The Block, Visa has officially launched its stablecoin platform, providing institutional clients with comprehensive stablecoin lifecycle management services. The platform allows banks and fintech companies to issue, manage, and settle digital dollars through Visa’s global payments network. ...
Core Summary DeFi protocol Ostium suffered an approximately $18 million security incident. The attacker exploited Ostium’s own price-reporting infrastructure, submitting falsified future-dated oracle data to manufacture fake trading profits and trigger an $18 million payout. On-chain data shows the attacker dispersing stolen funds across multiple wallets after converting USDC into ETH. Ostium has paused trading in response to the incident. Event Details According to CoinDesk and The Block, this attack is part of a recent wave of oracle manipulation attacks targeting DeFi protocols. The attacker exploited Ostium’s price-reporting mechanism by submitting false future-dated data to the system, creating fraudulent trading profit records within the protocol and successfully triggering the $18 million fund withdrawal. ...
Core Summary The Depository Trust & Clearing Corporation (DTCC), the core clearing infrastructure for U.S. securities markets, has launched its first production trades of tokenized stocks and U.S. Treasuries. JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while Microsoft, Circle, and SPY shares will also be tokenized. This marks a milestone step for traditional financial infrastructure embracing blockchain technology. Event Details According to The Wall Street Journal, DTCC’s production trades involve multiple top-tier global financial institutions including JPMorgan, BlackRock, and Goldman Sachs. This represents DTCC’s first application of tokenization technology in a production environment for real trades, rather than previous pilots or proofs of concept. ...
Core Summary Japan’s parliament passed a landmark cryptocurrency tax reform bill on July 15, dramatically reducing the tax rate on crypto assets from the current maximum of 55% under the comprehensive income tax to a separate rate of approximately 20%, aligning with rates applied to stocks and foreign exchange. The reform fundamentally reclassifies crypto assets from “miscellaneous income” to “financial products,” removing the biggest institutional barrier to Japan’s crypto industry growth. ...
The Ethereum Foundation’s privacy team has officially spun out as a for-profit company EthSystems, focusing on providing Ethereum privacy solutions and consulting services for institutional investors.