$2.45T ASSET MANAGER INVESCO FILES TOKENIZED STABLECOIN RESERVES FUND WITH SUPERSTATE HANDLING ONCHAIN RECORDS ↗

SQUID REPORT · Leviathan News crypto, DeFi, and AI news roundup

BitGo cuts nearly 15% of workforce to refocus on stablecoins, settlement, and AI infra ↗
US credit unions join stablecoin infrastructure program. The pilot allows credit unions to test several blockchain-related products and services, including stablecoin payments, tokenized deposits, ↗
Real‑world assets (RWAs) are the inevitable evolution of stablecoins: tokenization proved viable at scale, creating on‑chain dollar liquidity that now seeks yield, broader use cases, and deeper financial markets
Real‑world assets (RWAs) are the inevitable evolution of stablecoins: tokenization proved viable at scale, creating on‑chain dollar liquidity that now seeks yield, broader use cases, and deeper financial markets ↗
Solstice and Tensorx’s $1 billion AI infrastructure deal positions Europe as a global AI leader ↗
The AI inference market is emerging as a global strategy game, with nations, chipmakers and cloud providers competing to control the next AI infrastructure layer ↗
GrailPay secures $10.5M to power the next era of instant, AI-driven payments
GrailPay secures $10.5M to power the next era of instant, AI-driven payments ↗
Story rebrands into DATA Foundation, launches Trace with 1.5B Kled AI training records ↗
StablecoinX completes business combination with TLGY Acquisition Corp, plans Nasdaq listing under ticker USDE ↗
Circle and Nomura target $440B-a-day Japan FX market with USDC settlement by 2027
Circle and Nomura target $440B-a-day Japan FX market with USDC settlement by 2027 ↗
Starknet adds shielded USDC balances and private transfers through STRK20, with Ready and XVerse integrations ↗
SharpLink resumes ETH buys with $7.85M purchase as ether sinks to 2026 low ahead of Russell inclusion ↗
SBI agrees to acquire Bitbank for ¥46.7B, lifting crypto custody assets to ¥1.1T ↗
Three months after launch, Ethena’s dynamic cooldown system passed its first real stress test as Tier 1 liquidity covered all redemption demands
Three months after launch, Ethena’s dynamic cooldown system passed its first real stress test as Tier 1 liquidity covered all redemption demands ↗
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Automated news site turns prediction market price swings into headlines, raising noise and manipulation concerns ↗
Zksync’s enterprise pivot risks missing product–market fit as rival rollups lock in users, liquidity and mindshare ↗
0x launches CLI for terminal-native token swaps and bridges with gasless and Solana support
0x launches CLI for terminal-native token swaps and bridges with gasless and Solana support ↗
Consensys Diligence brings Chonky to MetaMask, using 100K+ findings to scale human-led audits ↗
Unlink goes live on Monad with ZK private transfers and scoped audit views for institutions ↗
Bluewater acquires Suilend assets to boost Sui lending. The deal was backed by an expanded 6 million SUI token loan from Nasdaq-listed SUI Group Holdings to Bluefin.
Bluewater acquires Suilend assets to boost Sui lending. The deal was backed by an expanded 6 million SUI token loan from Nasdaq-listed SUI Group Holdings to Bluefin. ↗
Squid (@squidrouter) reveals their public token sale just weeks after announcing their $6m private round. ↗
Succinct unveils Flock SNARK with 170x SHA-256 and 245x Keccak proving overhead ↗
Cap App Partners with Franklin Templeton to Accept BENJI Deposits
Cap App Partners with Franklin Templeton to Accept BENJI Deposits ↗
Scrypt partners with Franklin Templeton to bring tokenized treasuries to Swiss-regulated infrastructure ↗
Sophon shutters L2 chain after failing to find product-market fit, shifts focus to app studio and Base deployments ↗
Optimism ships L2CM to upgrade 27 OP Stack predeploys without multisig transactions ↗
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Kraken sues PowerTrade, alleging $7.2M in misappropriated assets and unrealized gains ↗
Maple and Kraken close landmark onchain warehouse facility for digital asset-backed loans. But onchain lending facility raises questions about default risks and regulatory gaps. ↗
Kraken brings Centrifuge-tokenized Janus Henderson JAAA into qualified custody for institutional collateral
Kraken brings Centrifuge-tokenized Janus Henderson JAAA into qualified custody for institutional collateral ↗
Kraken weighs $71M Aave Group deal for 15% stake at $385M valuation as Payward expands DeFi bets ↗
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