A Treasury-backed report targets putting repo, gilts and funds onchain within two years, and warms to permissionless networks that firms like Ripple have been building on.
- A U. K. Treasury-backed report on wholesale digital markets places Ripple at the center of efforts to move tokenized repo, fixed income and funds from sandbox pilots into live markets over the next 12 months.
- The report proposes a hybrid model that layers permissioned institutional networks on top of permissionless chains, while warning that chain reorganizations on public blockchains pose unresolved settlement-finality risks.
- Ripple’s acquisition of prime broker Hidden Road and Santander UK’s white-label use of Ripple’s rails are cited as evidence of convergence between traditional finance and crypto.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
U.S., UK move to align rules for tokenized finance across world's largest financial markets
Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials
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