The Block

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The Block

The first and final word in digital assets

Ripple, LMAX Group strike deal to expand institutional stablecoin use with $150 million in financing
Ripple will provide $150 million in financing as LMAX Group integrates RLUSD as collateral across its institutional trading venues....

Football.Fun debuts FUN token as sports betting drives onchain prediction markets
Football.Fun has launched its FUN token in a Thursday TGE, with trading supported across Base, Solana, and several crypto exchanges....

MetaMask adds native Tron support across mobile and browser extension wallets as multichain push accelerates
The rollout builds on MetaMask's recent Solana and Bitcoin support, as the wallet increasingly positions itself as a multichain solution....

Anchorage unlocks onchain lending using off-chain collateral via Spark
Anchorage tapped Spark to unlock onchain credit markets for its institutional clients who want to keep their assets in off-chain custody....

Ethereum treasury firm BitMine invests $200 million in MrBeast’s Beast Industries
The $200 million in MrBeast’s Beast Industries ties the largest U.S.-listed Ethereum treasury to a global YouTube and creator economy....

Fogo launches high-speed blockchain mainnet after $7 million Binance token sale
Fogo aims to achieve 40-millisecond block times, making it “up to 18x faster” than rival throughput-maxing networks like Solana and Sui. ...

Galaxy debuts $75 million tokenized CLO on Avalanche to fund Arch Lending facility
Galaxy Digital closed a $75 million tokenized CLO on Avalanche to finance Arch Lending’s crypto-backed lending facility....

London Stock Exchange Group launches 24/7 blockchain-based settlement platform for tokenized bank deposits
LSEG launched its Digital Settlement House enabling 24/7 settlement of tokenized commercial bank deposits across currencies and networks....

Bank of America CEO warns up to $6 trillion in deposits could shift to stablecoins if allowed to pay interest
Bank of America CEO Brian Moynihan warned that stablecoin yield rules could shift up to $6 trillion in deposits from banks....

Robinhood CEO Vlad Tenev reaffirms support for crypto market structure bill amid delay
The Senate Banking Committee postponed a markup hearing for the legislation late Wednesday after Coinbase pulled its support for the bill. ...