New Developments Across Crypto Finance

Here is what we have in store in this Market Summary:

1. First Hyperliquid ETF officially launches

2. JPMorgan Chase launches another tokenized money market fund on Ethereum

3. Ethereum Foundation adds support for Clear Signing security tools

4. Stablecoin yield infrastructure project raises $13.5M

5. DTCC adds Chainlink to its tokenized collateral platform

Hyperliquid gets its first ETF

21Shares launched the first ETF tied to Hyperliquid this week, with strong first-day trading activity.

Bitwise Asset Management is also expected to launch another Hyperliquid ETF next week, adding to the growing number of crypto ecosystem-focused investment products entering traditional markets.


Read the full article by The Block here

JPMorgan launches second tokenized money market fund

JPMorgan is launching a second tokenized money market fund on Ethereum.

The move expands the bank’s tokenized financial product offerings and adds Ethereum-based infrastructure to its blockchain settlement operations.


Read the full article by The Block here

Ethereum Foundation supports Clear Signing rollout

Ethereum Foundation rolled out support for Clear Signing, a transaction security standard aimed at improving wallet transparency.

The system allows users to review clearer transaction details before approving onchain activity.


Read the full article by The Block here

Stablecoin yield infrastructure project raises $13.5M

M^0 raised $13.5M in a funding round led by the Sky Ecosystem.

The project is expanding infrastructure tied to stablecoin lending and onchain yield infrastructure for fintech platforms and blockchain applications.


Read the full article by The Block here

DTCC integrates Chainlink into tokenized collateral system

DTCC integrated Chainlink into its blockchain-based collateral platform ahead of a planned Q4 launch. The platform will support tokenized collateral movement between financial institutions, while Chainlink handles connectivity between traditional financial infrastructure and the blockchain layer.


Read the full article by The Block here

✦ ✦ ✦

Disclaimer:

The content covered in this newsletter is not to be considered investment or financial advice. It is for informational and educational purposes only. The views and opinions expressed in this publication do not reflect those of AP Collective.