HSBC and BNP Paribas are now formally part of the Canton Network‘s governance body, the Canton Foundation. The addition of the two global systemically important banks (G-SIB) brings the membership to 30, following the inclusion of Goldman Sachs, Moody’s and the Hong Kong Monetary Authority in March. Alongside existing member BNY that brings Canton’s G-SIB membership count to four. Both HSBC and BNP Paribas operate their own enterprise blockchain networks using Canton technology from Digital Asset. But these are still relatively siloed. Canton, a public network with a set of permissioned validators, enables far greater interoperability. That means the digital assets on their permissioned networks could potentially be traded on Canton-linked trading venues, used as collateral on another network or transactions could be settled with Canton based digital money. Unlike other public chains, the Canton Network protects privacy. One of the other Canton members that should be of interest to these two banks is Tradeweb. The company operates several marketplaces, including one of the biggest bond trading venues. Both BNP Paribas and HSBC continue to host digital bond issuances on their blockchains.
Crypto institutional adoption appears to be in the early phases with institutions; institutions holding about 25% of bitcoin ETPs : JPMorgan’s report
Institutional adoption of crypto still looks early, but momentum is building, according to a report from JPMorgan. Bullish’s August IPO and the passage of the GENIUS Act have sharpened focus on the sector, with regulatory clarity removing one of the biggest hurdles for large investors, wrote analysts led by Kenneth Worthington. Signs of engagement are emerging, the analysts continued. The Chicago Mercantile Exchange reported record institutional open interest in crypto derivatives, institutions now hold roughly a quarter of bitcoin ETPs and an EY survey showed that 85% of firms already allocate to digital assets or plan to in 2025, citing regulation as the key driver. Ether and remain the primary ways to play this theme, JPMorgan said. Ether, which underpins most stablecoin activity, has rallied nearly 20% since GENIUS passed, while SOL is up 17%. In equities, Bullish has become an institutional proxy.
Minnesota Credit Union to launch stablecoin; it differs from mainstream stablecoin offerings like USDT or USDC as it connects directly to the credit union’s banking system
St. Cloud Financial Credit Union plans to roll out a proprietary stablecoin what it claims to be the first from a U.S. credit union. The token, dubbed Cloud Dollar (CLDUSD) and developed with blockchain firm Metallicus and financial technology provider DaLand CUSO, is slated to debut as part of the credit union’s digital asset vault service in the last quarter of 2025. “With CLDUSD, we’re readying our shop for on-chain money movement — merchant payouts, member-to-member, institution-to-institution — at a fraction of card-network fees and with full transparency,” said Chase Larson, EVP/CLO for St. Cloud Financial Credit Union. CLDUSD differs from mainstream stablecoin offerings like USDT or USDC as it connects directly to the credit union’s banking system. The token will be issued on Metallicus’ blockchain banking stack the Metal Blockchain and integrated through DaLand CUSO’s Coin2Core software, which ties blockchain services to existing credit union infrastructure. The design aims to keep deposits on-platform while giving members a way to move money instantly and at lower cost in a regulated manner.
Xauras DeFi protocol addresses governance gaps in decentralized lending by allowing token holders to propose and vote on upgrades, risk strategies, and economic parameters
Xauras, a governance-first decentralized finance protocol, has surpassed $90 million in total value locked (TVL) and engaged over 12,000 unique wallets, indicating strong adoption among investors worldwide. Xauras addresses common issues in decentralized lending, such as governance gaps, security risks, and limited scalability. It features non-custodial smart contracts, dynamic interest rates, and automated liquidation mechanisms to protect liquidity providers and maintain system stability. The platform’s governance-driven model allows token holders to propose and vote on upgrades, risk strategies, and economic parameters, enhancing transparency and trust. Xauras is currently live on Ethereum and Arbitrum, but plans to expand to Polygon, Optimism, and Solana to reduce transaction costs. Upcoming features include NFT-backed loans, real-world asset collateralization, cross-chain yield aggregation, and a mobile-native application. Xauras is poised to play a leading role in shaping the next phase of decentralized lending.
Belong’s customer acquisition model ensures venues only pay for real visits by using a multi-verification system that connects QR codes, NFC technology, and geo-location to confirm physical presence and automatically calculates and distributes rewards on purchases by referrals
The cost of acquiring customers has increased by nearly 35% between 2022 and 2025, particularly for venues like restaurants, bars, clubs, and corporate event spaces. Traditional advertising channels often require significant upfront spend but provide little clarity about what truly drives results, leading to an “attribution black box.” Traditional promotional arrangements often rely on self-reported metrics, which can lead to campaigns that never deliver real value. This high-risk environment makes customer acquisition feel like a gamble rather than an investment. Belong, a Web3 community platform, has developed a zero-risk customer acquisition model called CheckIn, which uses a multi-verification system that connects QR codes, NFC technology, and geo-location to confirm physical presence. Once a referred customer makes a purchase, smart contracts automatically calculate and distribute rewards. This model eliminates common pitfalls of traditional affiliate arrangements and ensures venues only pay for actual value. CheckIn’s architecture builds on Belong’s existing geo-rewards layer, which was originally developed for the Chain Atlas project. It now extends this verification expertise to ongoing customer relationships and integrates with Belong’s upcoming LONG token. Customers who pay with LONG receive an automatic 3% discount, while venues benefit from near-instant settlement. With Belong’s established infrastructure and performance-based model, it has the potential to set a new benchmark for customer acquisition in the venue sector.
Xauras DeFi protocol addresses governance gaps in decentralized lending by allowing token holders to propose and vote on upgrades, risk strategies, and economic parameters
Xauras, a governance-first decentralized finance protocol, has surpassed $90 million in total value locked (TVL) and engaged over 12,000 unique wallets, indicating strong adoption among investors worldwide. Xauras addresses common issues in decentralized lending, such as governance gaps, security risks, and limited scalability. It features non-custodial smart contracts, dynamic interest rates, and automated liquidation mechanisms to protect liquidity providers and maintain system stability. The platform’s governance-driven model allows token holders to propose and vote on upgrades, risk strategies, and economic parameters, enhancing transparency and trust. Xauras is currently live on Ethereum and Arbitrum, but plans to expand to Polygon, Optimism, and Solana to reduce transaction costs. Upcoming features include NFT-backed loans, real-world asset collateralization, cross-chain yield aggregation, and a mobile-native application. Xauras is poised to play a leading role in shaping the next phase of decentralized lending.
Farmway Technologies to tokenize Georgia’s agricultural infrastructure, including orchards, irrigation systems, logistics and processing facilities, with each token representing a fractional stake in an asset creating investable, auditable climate assets
Farmway Technologies, a US-based fintech company, has signed a $100 million deal with the Republic of Georgia to put the country’s almond orchards on the blockchain. The deal will invest in farming infrastructure, processing, logistics, and irrigation systems across Georgia, covering 500 hectares. The almond sector is one of Georgia’s fastest-growing, with 6,000 hectares dedicated to almond cultivation in August 2023. Farmway CEO Upmanyu Misra said that locally grown almonds are increasingly replacing imports, which fell 49% in 2024, while exports continued to rise. The company will tokenize agricultural infrastructure, including orchards, irrigation systems, and processing facilities, with each token representing a fractional stake in an asset. The blockchain will record all activity. Farmway CEO Upmanyu Misra said that tokenization changes the dynamic by creating direct, cost-efficient, investor-driven pathways into agriculture, turning vast areas of land into investable, auditable climate assets. The tokenized commodity market, valued at $2.5 billion, is a small but growing portion of the RWA tokenization sector. The market is led by Paxos Gold and Tether Gold, with precious metals and agricultural products emerging as the dominant commodities. Farmway’s competitor Justoken has created tokenized funds for soybean oil, soybean bushels, cotton, and corn, accounting for more than $500 million in market cap.
Binance and Franklin Templeton launch tokenization initiatives, merging securities tokenization with the largest crypto exchange to expand access and speed settlement for institutions and retail
Cryptocurrency exchange Binance and asset manager Franklin Templeton have announced a strategic collaboration to develop digital asset initiatives targeting institutional and retail investors. The partnership will combine Franklin Templeton’s securities tokenization capabilities with Binance’s global trading platform and customer base. The collaboration aims to enhance capital market efficiency through blockchain technology, focusing on improved transparency, accessibility and settlement processes. Franklin Templeton manages $1.6 trillion in assets, while Binance operates as the world’s largest cryptocurrency exchange by trading volume and user count.
Nextech3D.ai unveils SaaS blockchain ticketing platform with Event‑Token as tradeable digital collectible; fraud‑proof on‑chain tickets eliminate counterfeits
Nextech3D.ai, an AI-powered 3D modeling and event technology company, has developed a next-generation SaaS blockchain ticketing platform. The platform, which uses the Event-Token as a digital asset, aims to expand into blockchain technology and capitalize on the growing global event industry. This innovative solution unlocks unique engagement, monetization, and secondary market opportunities for organizers and attendees. Why Blockchain Ticketing Matters: Fraud-Proof Access – Each ticket is recorded on-chain, eliminating counterfeits; Tradable Event-Token – Attendees can collect, trade, or resell their Event-Tokens on approved marketplaces. Data & Engagement – Event organizers gain powerful analytics and direct engagement channels before, during, and after events. Revenue Expansion – Built-in royalties for organizers on secondary ticket sales. At the heart of this innovation is the Event-Token – a blockchain-based digital asset issued to every attendee. Acting as both a secure, verifiable ticket and a tradable digital collectible for “the event,” the Event-Token unlocks unique engagement, monetization, and secondary market opportunities for organizers and attendees alike
HumaCoin Blockchain aid platform enhances transparency, accountability, and efficiency in global relief programs; platform integrates cryptocurrency, SaaS tracking and donor engagement club for humanitarian aid
HumaTek, a Florida-based technology firm, is set to launch a blockchain-powered humanitarian aid platform in October. . HumaClub, a Public Benefit Corporation, will distribute aid to communities and provide updates to donors. HumaTek aims to restore donor confidence by making every contribution traceable from start to finish. The platform aims to enhance transparency, accountability, and efficiency in global relief programs. It consists of three components: HumaCoin, a digital token for payments and transfers; HumaDash, a SaaS service for tracking and compliance; and HumaClub, a unit designed to connect aid recipients with donors. HumaCoin, a utility-driven cryptocurrency, will be used for cross-border transactions, mobile payments, and direct humanitarian aid. HumaDash, a cloud-based platform, will enable nongovernmental organizations and aid groups to monitor donations, automate compliance reporting, and flag irregularities using artificial intelligence. HumaClub, a Public Benefit Corporation, will distribute aid to communities and provide updates to donors. HumaTek aims to restore donor confidence by making every contribution traceable from start to finish. The company is finalizing operational units before the October rollout and is pursuing partnerships with NGOs, corporate responsibility programs, and institutional donors. This is not the first humanitarian aid through blockchain and cryptocurrency, as Bitget partnered with UNICEF Luxembourg in June to train 300,000 youth in digital and blockchain skills by 2025.