Tag: Digital

US Fed To Hold Conference On Digital Assets Amid Challenges To Leadership

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The US Federal Reserve Board has scheduled a conference to discuss topics related to payments, including stablecoins and tokenization. In a Wednesday notice, the Fed said the Oct. 21 conference would address “emerging stablecoin use cases and business models” as well as “tokenization of financial products and services” as part of efforts to innovate US payments systems. Though the announcement came from the entire Fed board, Governor Christopher Waller, rather than Chair Jerome Powell, provided comments on the event. “Innovation has been a constant in payments to meet the changing…

Crypto Hacks Shatter $163,000,000 in Month of August As Digital Asset Exchange Suffers 2nd Hack in About a Year: PeckShield

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New data from the cybersecurity firm PeckShield shows crypto hackers made off with more than $163 million in illicit gains last month. In a new post on X, PeckShield says that crypto hackers stole $21 million more in August than in July, after executing 16 major security breaches – with the top five totaling $161 million alone. “In August 2025, ~16 major crypto exploits were recorded, resulting in total losses of $163 million – a 15% increase from July’s $142 million. Notably, BtcTurk suffered its second major breach in just…

Galaxy Digital Announces Stock Tokenization on Solana

Key Notes Galaxy Digital has become the first Nasdaq-listed company to tokenize SEC-registered stock directly on Solana. The tokenization is managed by Superstate, a registered transfer agent, ensuring real-time legal ownership updates. 21 investors have already tokenized a total of 32,374 shares on Solana through Superstate’s Opening Bell platform. Galaxy Digital, the crypto investment firm led by Mike Novogratz, has become the first publicly traded company to tokenize its SEC-registered equity directly on a major blockchain. Through a partnership with fintech firm Superstate, Galaxy’s Class A common shares can now…

Galaxy Digital Introduces Tokenized GLXY on Solana Blockchain

Jessie A Ellis Sep 03, 2025 11:37 Galaxy Digital partners with Superstate to tokenize its Class A Common Stock on the Solana blockchain, marking a historic move for U.S. equity securities. Galaxy Digital has announced a groundbreaking partnership with Superstate to tokenize its Class A Common Stock on the Solana blockchain. This initiative represents the first time a publicly listed U.S. equity security has been tokenized on a major public blockchain, according to galaxy.com. Tokenization Details Superstate, the digital transfer agent for…

Galaxy Digital Stock Tokenized on Solana Blockchain

Galaxy Digital, the cryptocurrency investment firm founded by Mike Novogratz, has tokenized its publicly traded stock, positioning the shares for use within decentralized finance (DeFi) as institutional interest in tokenization grows. The company said Wednesday that its Class A common shares, listed on both Nasdaq and the Toronto Stock Exchange under the ticker GLXY, can now be tokenized and fractionalized on the Solana blockchain through Superstate’s Opening Bell, a platform for tokenizing public companies. Superstate, a fintech firm, will act as the SEC-registered transfer agent. Unlike synthetic products or derivatives,…

Galaxy Digital Deposits $103M to Exchange, Sell-off Ahead?

Key Notes Galaxy Digital posted a $156 million profit in Q2 2025, reversing last year’s loss. Strong performance came from trading gains and higher management fees. CEO Mike Novogratz said institutional crypto adoption is driving long-term growth. Galaxy Digital made headlines this week after transferring 500,000 Solana SOL $203.6 24h volatility: 2.4% Market cap: $110.26 B Vol. 24h: $7.03 B , worth approximately $103 million, to Coinbase.  On-chain records from Arkham Intelligence reveal that the deposits came in multiple tranches of 50,000–80,000 SOL, each valued at around $10 million.  The…

Galaxy Digital Sells 1,167 Bitcoin Amid Ongoing Volatility

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Bitcoin is once again at the center of market attention, facing a decisive test after several days of heightened volatility. Last Friday, BTC lost the crucial $110,000 support level, sparking concerns that the recent rally may be running out of steam. Since then, the market has been marked by sharp swings as bulls attempt to defend current levels against mounting selling pressure. Related Reading Analysts are increasingly divided. While some believe this is a healthy consolidation within a broader uptrend, others are warning that Bitcoin could be on the brink…

Why are public companies moving BILLIONS into Bitcoin? Podcast with Gemini and Empery Digital

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In this episode of the crypto.news podcast, we dive deep into the rise of Bitcoin corporate treasuries with Head of Institutional at Gemini, Brad Vopni, and Empery Digital Co-Founder, Ryan Lane. In a crypto.news first, we sit down with two companies at the head of this new frontier in digital finance; why Empery Digital (NASDAQ: EMPY) just announced a $500M private placement, allocating 95%+ into Bitcoin — and how Gemini is serving as their trusted BTC custodian. As corporate adoption of Bitcoin accelerates, more companies are treating BTC as a…

Google Cloud Building Blockchain for Digital Payments: Details

Key Notes Google Cloud recently announced that it is rolling out Google Cloud Universal Ledger, its L1 blockchain. This protocol is designed for the financial sector and is now in its pilot testing phase. The focus for the GCUL pilot phase will be tokenization and wholesale payments. Google Cloud has announced the launch of its Layer-1 blockchain dubbed Google Cloud Universal Ledger (GCUL). This protocol is designed to facilitate easy digital payment processes for financial institutions and enterprises. For now, the project is in the private testnet, but it will…

$3 Billion-Anchorage Digital Launches Venture Arm to Back Early Onchain Protocols

Key Notes The venture arm offers comprehensive support beyond funding, including product development and institutional client access. Anchorage Digital achieved a 516% valuation growth since founding, raising $487 million across multiple funding rounds. Priority areas include Bitcoin DeFi, real-world assets, and decentralized identity solutions for institutional adoption. Anchorage Digital, valued at $3 billion from its December 2021 Series D funding round, is stepping into venture investing, looking specifically at early-stage onchain protocols. Applications are already open, with a review planned for September, and approved candidates are expected to present a…