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cryptonews 2025-05-28 15:05:00

What’s Happening in Crypto Today? Daily Crypto News Digest

In crypto news today: Crypto market is red today RedStone and Securitize Bring BlackRock-Linked RWAs to Solana GSR and Polygon-Incubated Katana Blockchain Goes Live Veterans-Backed Fintech Velocity Launches with $10M Pre-Seed for Stablecoin Infra __________ Crypto market is red today Over the past 24 hours, the global cryptocurrency market capitalization has decreased by 2.6% to $3.55 trillion. At the time of writing, the daily crypto trading volume is $109 billion. Of the top 10 coins per market capitalization, only Ethereum (ETH) saw its price rise today. It appreciated just 0.4%, meaning it’s mostly unchanged over the past day. It’s now changing hands at $2,671. At the same time, Bitcoin (BTC) decreased by 1.4%, now trading at $108,551. The highest drop is Dogecoin (DOGE)’s 3.1% to $0.2231. Of the top 100 coins, 20 recorded price increases today. Toncoin (TON) and Tokenize Xchange (TKX) saw double-digit increases of 14.1% and 10.3% to $3.45 and $38.9, respectively. Monero (XMR) fell the most in this category. It’s down 9.2% to the price of $353. RedStone and Securitize Bring BlackRock-Linked RWAs to Solana RedStone , a blockchain oracle provider, has said in an announcement that real-world assets (RWAs) like tokenized credit and US Treasuries are coming to Solana . With that, the company announced the launch on the Solana network, in partnership with Securitize . Per the press release shared with Cryptonews , this will unlock institutional-grade RWAs such as Apollo’s ACRED and BlackRock’s BUIDL for decentralized finance applications. Also, it will give Solana developers direct access to price feeds for both traditional and crypto assets. This is “a significant step toward making RWA-powered DeFi a reality across high-performance chains,” the teams said. 1/ This integration connects Solana developers with secure, composable price feeds for traditional and crypto assets, making RWA-powered DeFi possible on Solana for the very first time. The inflection point for Solana's RWA expansion is RedStone-powered. — RedStone (@redstone_defi) May 28, 2025 Furthermore, the Solana ecosystem can integrate tokenized funds into DeFi money markets and perpetual protocols and leverage RedStone oracle data feeds. The integration is powered by Wormhole Queries as infrastructure partner. The latter is one of the sources of attested data from Solana. Per the announcement, “this integration also serves as a test case for how data composability, oracle innovation, and regulatory alignment converge to build out the long-hyped RWA narrative — where stable yields, not just speculative returns, form the backbone of DeFi’s next chapter.” You may also like: RedStone Selected as Official Blockchain Oracle for Securitize’s RWA Expansion with BlackRock Securitize, a company specializing in real-world asset (RWA) tokenization, has chosen blockchain oracle RedStone as its primary oracle provider.Notably, Securitize collaborates with major global financial institutions, including Apollo, BlackRock, Hamilton Lane, and KKR, to tokenize institutional-grade assets.According to the press release, the partnership will enable RedStone to deliver price feeds for Securitize’s current and future tokenized... GSR and Polygon-Incubated Katana Blockchain Goes Live The non-profit Katana Foundation has announced the private mainnet launch of its DeFi -optimized blockchain Katana . According to the press release, the chain aims to “unlock greater productivity for every asset through consistently higher user yields and deeper liquidity.” Katana concentrates all liquidity in a set of protocols and collects yield from all potential sources to power a self-sustaining DeFi engine for long-term growth, the team says. Pre-deposits are live , allowing users to win KAT tokens. The Public Mainnet launch is set for June. Source: Katana Network Moreover, Katana launched with several strategic partners, including Conduit , a rollup platform with more than $4 billion in TVL across hosted chains, and Chainlink , a decentralized oracle network that delivers data feeds to power the network’s core DeFi functionalities. GSR will provide liquidity management and cross-chain transaction support. It will also identify and incubate innovative DeFi protocols through its venture arm. Also, Katana is incubated by GSR and Polygon Labs . Polygon Labs has provided early-stage strategic support, technical guidance, and ecosystem alignment during Katana’s development as part of its Agglayer Breakout Program . You may also like: AI Agents Are Going to Manage Our Money. But DeFi Isn’t Ready Imagine having an employee who could trade on your behalf on a decentralized exchange. This employee doesn’t need coffee breaks, doesn’t sleep, and doesn’t expect to be paid. They can crunch inhuman amounts of data, execute trades, and refine strategies on the fly, without you having to lift a finger. One day, this employee won’t be imaginary. AI agents – algorithms that act independently and learn from data - are coming for DeFi. These helpful bots could soon be embedded into protocols,... Veterans-Backed Fintech Velocity Launches with $10M Pre-Seed for Stablecoin Infra Financial infrastructure platform Velocity has announced a $10 million pre-seed funding round to launch the operating system for digital finance. The round was led by Activant Capital , with participation from Fuel Ventures , Triton Capital , Fabric Ventures , Commerce Ventures , and Preface Ventures . Strategic shareholders include current or former executives from Stripe , Worldpay , Visa , Circle , PayPal , and Google . The platform is founded by payments industry veterans Tom Greenwood ( Volt , IFX ) and Eric Queathem ( Worldpay , McKinsey & Company ). Speaking of stablecoins , Velocity says that it makes the transition from technical viability to operational readiness possible through a platform that unifies banks, blockchains, and AI. This enables businesses to hold, move, and manage capital across traditional rails and digital assets. “By abstracting complexity into programmable, modular infrastructure, Velocity removes friction from cross-border settlement, liquidity management, and treasury operations,” the announcement says. Consequently, the move will also boost adoption. You may also like: Stablecoins in the Spotlight—and the Infrastructure Race Is On Stablecoins have long been the quiet workhorses of the digital asset world—reliable, liquid, and often overlooked. But those days are over. With billions in daily transaction volume and growing scrutiny from policymakers and institutions alike, stablecoins have become crypto's most consequential talking point today. And it’s not just about use cases anymore—it’s about infrastructure, power, and who controls the rails of tomorrow’s financial system.The recent announcement that Ripple will... __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .

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