While many banks have avoided the crypto industry due to a perception of risk, U.K.-based Cashaa is launching new dollar-denominated bank accounts for American crypto firms...

The bank has partnered with a fintech company to provide asset servicing for large, high-grade bonds that will be tokenized and divided for retail investors...

Tokenization startup TokenGX has been given regulatory permission to pilot and gather data on a new secondary-market trading platform. The trades would be limited to whitelisted residents of Ontario, and would provide liquidity to investors and firms looking to raise funds through token sales.

Fidelity has become one of the first established financial institutions to offer digital asset custody services… The $2.8 trillion asset manager’s large client base and network are distinct advantages in a space where similar services are offered by only a few small platforms.

Two former heads of the Commodity Futures Trading Commission are offering up a plan for a government-sanctioned, blockchain-based digital dollar. The proposed USD-backed stablecoin would be used for daily transactions both domestically and abroad...

Blockchain firm Fundament has landed a German investor with $7.35 billion of real estate projects to jumpstart its asset tokenization business. The company is the first firm to receive Germany's approval to issue regulated tokenized real estate-backed bonds.

Venture capital firm 1confirmation is announcing a new $45 million fund for investing in cryptocurrency startups. 1confirmation has invested in a wide array of new companies in the industry, including both startup equity and cryptocurrency tokens. This larger fund will allow the company to write larger checks while remaining close to pioneers in the space.

Securitize has raised $14 million from investors, including major financial companies Santander InnoVentures, MUFG Innovation Partners, and Nomura Holdings. The...

In June, Malta-based Binance, the largest crypto trading platform by volume, announced it could no longer support U.S. users on...

Gemini, the crypto exchange co-founded by the Winklevoss twins, announced its partnership with payments platform Silvergate Exchange Network. Through the network, Gemini’s institutional clients can transact in U.S. dollars “24 hours a day, seven days a week, and 365 days a year,” according to a statement made August 27.

On August 12, Overstock opened up trading on its security token market tZERO to retail investors. While the platform went live in January, only accredited investors have been allowed to trade on it until now… But the one year lock-up period for its 2018 STO has passed. To boost trading activity on tZERO, Overstock announced a plan to issue digital shares as a form of dividend to all its shareholders.

Walmart has applied for a cryptocurrency patent that bears some similarities to the Libra token proposed by Facebook. The filing suggests the proposed coin could help provide finance for those with limited access to banking services—most likely an effort to appeal to the public (and regulators).