Talos will acquire Coin Metrics, the provider of crypto financial intelligence. By incorporating Coin Metrics’ extensive crypto market data, blockchain analytics and benchmark indexes with Talos’s platform – a unified order and execution management (OEMS) and portfolio management system (PMS) – the combination will create the industry’s first integrated data and investment management platform. This acquisition aligns with Talos’s strategy of building the most comprehensive, one-stop solution for all institutional trading workflows in digital assets. The firms’ complementary services will create synergies for their collective clients, including streamlined access to advanced portfolio analytics, sophisticated risk monitoring, premium indexes and industry-leading execution capabilities. Anton Katz, CEO and Co-Founder of Talos said “By bringing our platforms together, we’re creating a fully integrated, one-stop solution that benefits the clients of both firms. Institutions increasingly look to us to support the entire digital asset investment lifecycle, from trading and portfolio management to market data, on-chain analytics, and portfolio construction.
Health-tech platform Wellgistics Health to use XRPL to process real-time, B2B payments among pharmacies, manufacturers, and vendors; purchase additional XRP and deploy the holdings as collateral to secure financing, and as a source of income generation
Wellgistics Health has filed an S-1 registration statement with the SEC detailing a plan to integrate XRP and the XRP Ledger (XRPL) across its payments and treasury operations. The health-tech company said it will use XRPL to process real-time, low-cost business-to-business payments among pharmacies, manufacturers, and vendors and expand its XRP holdings. The company may raise capital through equity and debt offerings to purchase additional XRP, deploy those holdings to generate income, and use the asset as collateral for future financing. The S-1 positions XRP as an active balance sheet instrument. Wellgistics intends to accumulate XRP and apply it to several functions: as a payments rail, as collateral to secure financing, and as a source of income generation. The company indicated that treating XRP as collateral could provide liquidity without disrupting operations. It also outlined plans to raise capital specifically for digital asset acquisition, signaling that future issuances of equity or debt may be tied to enlarging its XRP position. Wellgistics will implement XRPL to support near-instant settlement and reduced fees for business partners. The company identified a network of approximately 6,000 pharmacies and 150 manufacturers that will interface with the XRPL-based system. The stated objective is to streamline value transfer and improve liquidity across that ecosystem by avoiding the delays and costs present in traditional payment systems. Beyond the LDA arrangement, the S-1 states that Wellgistics may pursue additional equity and debt offerings to finance XRP purchases and related infrastructure. Additionally, the S-1 includes risk disclosures tied to XRP’s regulatory status and ongoing litigation. Wellgistics warned that adverse legal or regulatory outcomes could affect XRP’s price and, as a result, the value of the company’s treasury assets and collateral.
Curve Finance’s Yield Basis protocol shields DeFi liquidity providers from market volatility and liquidation risk by maintaining an overcollateralized position, implementing a stablecoin pegged to the US dollar
Yield Basis, an innovative protocol from Curve Finance, addresses the issue of impermanent loss in the cryptocurrency market. By implementing crvUSD, a stablecoin pegged to the US dollar, Yield Basis shields liquidity providers from market volatility by maintaining an overcollateralized position. This model empowers investors to participate with confidence and avoid catastrophic losses amid price drops. Yield farming and lending are key components of decentralized finance (DeFi), allowing users to earn returns on cryptocurrency assets. However, the risks of Yield Basis include market volatility and liquidation, which must be navigated with care. Liquidity providers must pivot their strategies according to market conditions to maximize returns and foster long-term value growth. As the DeFi sector evolves, institutional recognition of decentralized finance innovations is increasing, leading to an integration of traditional finance with decentralized frameworks. The recent launch of crvUSD marks a significant milestone towards robust stablecoin infrastructures within DeFi, enhancing capital efficiency and unlocking novel yield avenues for seasoned investors.
BankSocial’s tokenized liquidity network built on private permissioned DLT uses interoperable, tokenized rails to enable direct settlement between credit unions eliminating the need for acquirers and offering a real-time view of all transactions across participants
Bank Social is introducing a private permissioned tokenized liquidity network—a new form of modernized shared branching built on distributed ledger technology that may reshape how credit unions move money among themselves and with their members. According to Bank Social COO Becky Reed, the initiative is less about cryptocurrency speculation and more about creating the next-generation backbone for cooperative financial institutions. Under BankSocial’s new model, if a member of Credit Union A deposits funds at Credit Union B, a third party—a designated acquirer—typically facilitates the transaction, often using legacy infrastructure. Bank Social’s model eliminates the need for that intermediary by using interoperable, tokenized rails to enable direct settlement between institutions. “There’s no need for acquirers anymore,” said Reed. “Every participating credit union on the network can settle directly with any other credit union. It’s faster, cheaper, and more secure.” What really differentiates this new model, Reed emphasized, is network visibility and fraud prevention. Traditional payment systems hand off funds and visibility once money leaves the originating institution, leaving fraud detection fragmented and slow. The tokenized network provides a full, real-time view of all transactions across participants. “Using AI, we can analyze transaction patterns across the network in real time. So, if a fraud ring tries to exploit five different local credit unions within minutes of each other, the system can flag it—and even temporarily pause suspicious activity,” said Reed. The system is tokenized, meaning digital representations of value are issued and tracked on a distributed ledger. But these tokens are used strictly as transactional instruments—not investment vehicles, Reed explained. The fintech provides the technology platform and tokenization infrastructure, allowing credit unions to create and manage their own private liquidity networks, Reed explained.
Gemini unveils Smart Wallet plus Onchain Dashboard, combining easy passkey login and multi-dApp asset management to remove DeFi barriers
Gemini, a leading crypto custody and exchange platform, has launched the Gemini Wallet, an advanced custody tool designed to simplify entry into the Web3 ecosystem. The wallet is a portable, embedded smart wallet that allows users to manage digital assets within and outside decentralized applications (dApps). It eliminates the need for standalone and embedded wallet models, offering a more adaptable approach. The wallet also features passkey-based onboarding, eliminating the complexity of recovery phrases and app downloads, allowing users to access their accounts with minimal friction. Gemini has also introduced the Onchain Dashboard, a transparent platform for streamlined portfolio management. The wallet aims to resolve persistent onboarding issues in the Web3 environment by combining passkey security with hardware-bound syncing, simplifying the user experience while maintaining high security standards. The wallet’s user-friendly onboarding, compatibility with various dApps, and secure asset management could encourage greater participation in blockchain-based finance and services. This development could set a precedent for future crypto custody designs and make the Web3 sector closer to mainstream adoption through accessible, secure, and efficient solutions.
Splendor Labs is building a “marketplace economy” for AI that runs on blockchain; usage events (like a query or an agent task) automatically trigger tiny crypto payments to whoever provided the model, data, or compute
Splendor Labs announced progress on its mission to build the world’s first blockchain-native AI infrastructure and economy, enabling a new era of decentralized intelligence where model creators, inference providers, data providers, compute and storage providers, tool developers, AI agents, enterprises, marketplaces, investors, and end users can transact seamlessly through on-chain settlement and crypto micropayments. The Splendor roadmap introduces a suite of interoperable platforms that bring the AI economy to life: Splendor Search – Wallet-native, AI-powered search engine (public test live); Splendor Coder – A next-generation secure AI coding environment with lightweight interaction and enterprise-grade security enhancements, enabling developers to build, audit, and deploy applications directly into the Splendor ecosystem; AI Studio – Wallet-based AI environment with 630+ models available on demand; Agent Factory – Marketplace for creating, sharing, and monetizing autonomous AI agents; Splendor OS & Wallet – Operating system and wallet designed for AI-native transactions; Together, these products are shaping the first self-sustaining AI economy, where every interaction—search, query, line of code, subscription, or agent execution—can trigger instant crypto micropayments between participants.
Walrus becomes first decentralized platform offering native programmable data access control with encryption for Web3 applications and enterprise adoption
Walrus Mainnet has launched Seal, a solution for integrating programmable data access into any app at any scale. This is the first decentralized data platform to natively offer onchain access control, allowing developers to protect sensitive data, define who can access it, and enforce those rules entirely onchain. Seal enables new categories of applications, such as AI dataset marketplaces, token-gated subscription services, and dynamic gaming content. Walrus’s partners are driving real-world adoption of Seal, such as Inflectiv’s AI infrastructure, Vendetta’s onchain multiplayer strategy game, and TensorBlock’s AI platform. Walrus and Sui aim to accelerate the transition from Web2 to Web3, creating a comprehensive infrastructure stack for the decentralized internet. The momentum for building full-stack apps continues to grow, with OneFootball using Walrus with Seal to deliver content with built-in rights management, Watrfall unlocking new models for distribution, ownership, and fan engagement, and Alkimi processing over 25 million ad impressions per day using Walrus. The future of Web3 apps relies on intelligently controlled, privately managed, and enterprise-ready data, which will be built with Walrus and Sui.
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.
Remittix launches Web3 wallet beta supporting 40+ cryptocurrencies with direct crypto-to-bank transfers across 30 countries
Remittix (RTX) has officially opened beta testing of its Web3 wallet, with Dogecoin (DOGE) and Cardano (ADA) token holders invited to be among the first to try out its powerful new platform. The milestone puts Remittix firmly as a strong contender to market leaders such as Trust Wallet and MetaMask. The Remittix token has had impressive presale performance having raised more than $26 million, having sold more than 665 million tokens at $0.1080 per token. In contrast to conventional wallets, which exist mainly as asset storage and exchange-based, Remittix is designed with real-world application. The platform supports crypto-to-bank transfers in 30+ countries, enabling value to be transferred directly into legacy financial systems. An in-app foreign exchange solution by a live conversion rate calculator provides users with in-app foreign exchange capability, enabling seamless exchange across currencies without going through third parties. The wallet will handle over 40 coins on day one, both well-known assets and high-potential altcoins. Transactions are optimized to be fast and affordable, so international remittances are available to consumers and businesses in an integrated manner. Remittix is also introducing incentives for early adoption. RTX has a referral rewards program that gives participants a 15% USDT immediate reward for every new presale customer they refer. There’s also an ongoing $250,000 giveaway campaign to compensate the most engaged supporters.
Tether and Circle capture treasury yield for themselves now; however new competitive protocols are introducing programmable-yield stablecoins that redirect interest to apps or end users to reshape the market
Stablecoin giants like Tether and Circle are profiting from the current high-interest rate environment while stablecoin holders see none of the returns, said Wormhole’s co-founder, Dan Reecer. He said the companies are effectively “printing money” by keeping the yield from the U.S. Treasuries backing their tokens. Tether, for example, reported $4.9 billion in net profit in the second quarter of the year. That has seen the company’s valuation soar to a reported $500 billion in a new funding round. As interest rates remain elevated, Reecer suggested it’s only a matter of time before users expect a share of that yield or move their funds elsewhere. Platforms like M^0 and Agora are already responding to that demand, he suggested. These projects allow stablecoin infrastructure to be built in a way that routes yield to applications or directly to end users, instead of the issuer capturing all of it. Tether and Circle likely do not share the yield generated from their stablecoins directly with users as doing so could draw the ire of regulators. An alternative that’s steadily growing are money market funds, which allow investors to gain exposure to the yield behind these stablecoins. The stablecoin market is evolving towards real-world use cases, including cross-border payments and FX services, with innovations like tokenized money market funds being used as collateral on exchanges.