Traditional Finance

BlackRock-Backed Tokenization Platform Securitize Clears SEC Hurdle, Sets Path to NYSE Listing

Core Summary Securitize, the tokenization platform backed by BlackRock, has received key registration statement approval from the U.S. Securities and Exchange Commission (SEC), clearing the path for its NYSE listing via SPAC merger. This marks a significant milestone for the asset tokenization industry. Event Details According to CoinDesk, Securitize—the technology provider behind BlackRock’s BUIDL tokenized fund—has received SEC approval for its registration statement. This critical regulatory green light means Securitize is poised to list on the New York Stock Exchange under the ticker symbol SECZ. ...

Paxos Wins SEC Approval to Clear U.S. Stocks on Blockchain: Historic Convergence of TradFi and Crypto Infrastructure

Paxos SEC Approval Blockchain Stock Clearing Takes Key Step Crypto infrastructure company Paxos has received approval from the U.S. Securities and Exchange Commission (SEC) to become the first licensed entity authorized to clear U.S. stocks on blockchain. This license positions Paxos to compete directly with traditional financial giants like DTCC (Depository Trust & Clearing Corporation). Milestone Significance Paxos’s new license marks a fundamental shift in blockchain technology’s role within U.S. traditional financial markets: ...

[Flash] Crypto ETFs Go Mainstream as Traditional Finance Locks In

[Flash] As traditional finance deepens its footprint in digital assets, crypto ETFs are reshaping access, liquidity, and the global structure of digital asset investing. Notably, self-directed investors are powering bitcoin ETF launches even without Morgan Stanley’s vast advisor network support, highlighting how retail demand is driving crypto adoption.

Kraken Eyes IPO, Partners with MoneyGram to Bridge Crypto-to-Cash Gap

Cryptocurrency exchange Kraken is actively preparing for an initial public offering while simultaneously partnering with MoneyGram to bridge the gap between digital assets and traditional cash systems. IPO Progress Kraken co-CEO Arjun Sethi said the exchange is “80% ready” to go public, signaling that listing preparations have entered an advanced stage and could materialize in the coming months. MoneyGram Partnership The new collaboration with MoneyGram aims to expand access to digital assets, making it easier for users to convert between cryptocurrency and fiat currency — particularly in regions underserved by traditional banking infrastructure. ...