The Block

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The Block

The first and final word in digital assets

Trump-backed World Liberty Financial seeks US bank charter to bring USD1 stablecoin fully onshore
The DeFi protocol said WLTC Holdings LLC filed an application to establish a national trust bank purpose-built for stablecoin operations....

Nike sells RTFKT digital collectibles unit to unnamed buyer: reports
Last year, RTFKT said it would wind down following several successful drops that have brought in nearly $50 million in lifetime earnings....

Two Senate committees set Jan. 15 hearings to vote on sweeping crypto market structure legislation
Next week is shaping up to be a consequential one for crypto policy, as two key Senate committees prepare to advance legislation....

The Daily: Ripple confirms no IPO plans, Flare unlocks XRP spot exposure on Hyperliquid, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

‘A milestone in financial innovation’: Wyoming issues first state-backed stablecoin on Solana
FRNT, issued under the Wyoming Stable Token Act, represents the first blockchain-based asset backed by a U.S. state....

Alleged crypto scam boss linked to $15 billion bitcoin haul deported to China after Cambodia arrest
The case has become a flashpoint in a broader dispute over the origin and ownership of billions of dollars’ worth of seized bitcoin....

Flare launches first XRP spot exposure on Hyperliquid via FXRP
Flare has listed FXRP on Hyperliquid, marking the first time XRP spot exposure is available on the platform....

Upexi targets higher-yield Solana treasury strategy for 2026 as holdings near 2.2 million SOL
Upexi continues to add SOL and reduce its share count through buybacks and insider purchases despite weak equity performance....

Polymarket to provide prediction data to Wall Street Journal, Barron’s in Dow Jones deal
Polymarket is also the exclusive prediction market partner for Yahoo Finance, while Kalshi is CNN's official partner....

Fireblocks buys crypto accounting platform TRES to become the ‘first complete operating system’ onchain
TRES, founded in 2022 to provide "compliant, audit-ready financial records," will help round out Fireblocks' product suite....