Token

The Protocol: Vana Introduces Token Standard for Data-Backed Assets

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Vana launches token standardHashgraph to debut private blockchainASICs will look more like serversAn …

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EVM-Compatible Vana Blockchain Introduces New Token Standard for Data-Backed Digital Assets

Crypto enthusiasts might have heard of the ERC-20 token standard, which provides guidelines to ensure that tokens created on the Ethereum smart contract blockchain are compatible and can interact with other tokens and applications within the network …

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Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March

The market capitalization of tokenized gold climbed to a record $1.4 billion in March with trading volumes soaring to yearly highs, CoinDesk Data’s monthly stablecoin report shows. The growth in market value and activity happened alongside the …

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NYSE-Parent ICE to Explore Stablecoin, Tokenized Fund Use for Financial Services With Circle

Intercontinental Exchange, the parent company of the New York Stock Exchange, said it plans to explore using Circle’s stablecoin and tokenized asset to develop new products, joining a roster of U.S. traditional financial giants pushing into crypto …

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Wyoming State Gears Towards Launching a Stablecoin This Year

Wyoming state is making steps towards launching a stablecoin later this year, which could be the first fiat-backed and fully reserved token issued by a public entity in the U.S., state officials said at the DC Blockchain Summit on Wednesday. The …

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Arbitrum Rises 12% Amid Robinhood Listing

The surges comes 24 hours after ARB hit an all-time low of $0.35.

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Flowdesk Raises $102M to Expand Trading and Liquidity Desks

The company plans to use the raise to scale its balance sheet, expand its compliance and technology teams, and open new offices in key jurisdictions.

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Blackbird, Blockchain Restaurant Loyalty App, Goes Live With Flynet Mainnet

Blackbird’s layer-3 mainnet, Flynet, is built on Coinbase’s Base chain. The team claims that building a layer-3 for its program benefits the restaurant industry because it eliminates middlemen and reduces transaction costs.

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XRP in Focus as Ripple Releases Institutional Roadmap for XRP Ledger

Fundamental investors tracking XRP have more reason to cheer as a planned set of features aims to make the XRP Ledger, the network underpinning that token, even more appealing for institutional usage. XRP prices are up 2.2% in the past 24 hours …

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Mavryk Dynamics Secures $5.2M for Blockchain-Powered Real-World Asset Ownership

Mavryk Dynamics aims to simplify RWA tokenization and DeFi integration, making digital asset ownership more accessible.

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