The Solana Foundation has appointed former Binance global CMO Rachel Conlan as chief strategy officer. Former Polygon Labs executive Jamal Raees has joined as general manager of payments. The Foundation says the hires are aimed at accelerating institutional adoption and payment activity on Solana. **ID:** N25-07 **Site:** NewsBTC **Status:** READY **Author:** NewsBTC Editorial Team **Focus…
Ondo has launched three tokenized portfolios based on investment strategies developed by BlackRock specifically for the platform. The products package baskets of tokenized assets into individual onchain tokens. BlackRock designed the model strategies, while Ondo Global Markets issues and operates the tokenized products. **ID:** N25-04 **Site:** NewsBTC **Status:** READY **Author:** NewsBTC Editorial Team **Focus Keyword:**…
TL;DR An onchain transaction shows 250 million USDC minted on Solana by the stablecoin’s authorized minting infrastructure. The mint created new USDC supply but does not by itself prove that a buyer purchased the entire amount. The transaction adds another large block of liquidity to one of USDC’s most active blockchain markets. Circle’s Solana minting…
TL;DR Galaxy has added $100 million of Sky Protocol’s sUSDS to its own corporate treasury. The firm has also approved sUSDS as collateral across an institutional trading business carrying an average loan book of about $1.4 billion. Galaxy additionally bought an undisclosed amount of SKY, deepening an existing lending relationship with the Sky ecosystem. Galaxy…
TL;DR Mysten Labs has released Sui testnet v1.80.1 using protocol version 137. The build includes updates across protocol logic, GraphQL, JSON-RPC and archival services. This is a testnet release and should not be described as a live Sui mainnet upgrade. Mysten Labs has published Sui testnet v1.80.1, giving developers and infrastructure operators an early look…
TL;DR Ondo Finance says its USDY tokenized yield product is expanding across Solana DeFi venues. USDY is a yield-bearing tokenized note backed by short-term US Treasuries and bank deposits, not a conventional $1 stablecoin. The expansion builds on Ondo’s wider effort to make tokenized real-world assets usable inside DeFi rather than leaving them as passive…
TL;DR Aptos Labs has released mainnet node software v1.49.1 for validators and fullnode operators. The release follows the earlier v1.49.1 hotfix path and rolls a wider set of execution, consensus and state-sync changes into the public mainnet build. End users do not need to migrate tokens or take wallet action. Aptos node operators have a…
TL;DR Bybit has confirmed support for Avalanche’s v1.15.0 network upgrade. The exchange is updating its Avalanche node infrastructure while keeping AVAX trading active. The announcement concerns network compatibility and exchange operations, not a change to AVAX supply or token economics. Bybit has confirmed that its Avalanche infrastructure will support the network’s v1.15.0 upgrade, giving AVAX…
TL;DR Ondo Finance has added in-kind minting and redemption for institutional Ondo Stocks users. Eligible institutions can contribute existing equity inventory rather than converting shares to cash first. The service currently supports tokenized positions on Ethereum and BNB Chain and is not a retail minting product. Ondo Finance is removing one of the more awkward…
TL;DR Anchorage Digital has selected LayerZero as its interoperability partner for regulated stablecoins issued through its platform. Tether’s USAT is the first token to adopt the LayerZero OFT standard under the arrangement. LayerZero supports connectivity across more than 170 networks, but not every Anchorage-issued stablecoin is live across every chain today. Anchorage Digital is putting…