Day: April 27, 2025

Nike’s NFT Shutdown Sparks $5M Securities Lawsuit

Nike’s moon-shot into digital couture is now a legal meteor shower. On Friday, a group of collectors led by Australian investor Jagdeep Cheema filed a class-action complaint in Brooklyn federal court, alleging the sportswear titan vaporized the value of their RTFKT non-fungible tokens when it shuttered the studio in December 2024. They’re demanding upward of […]

Lummis Blasts Fed’s “Crypto Pivot” as Empty Gesture

The champagne corks were barely out of the bottle before Senator Cynthia Lummis poured cold water on the party. On Apr. 24 the U.S. Federal Reserve quietly scrapped its 2022 supervisory letter—the memo that had warned banks off stablecoins and most crypto dealings. Within hours, Bitcoin evangelists cheered the “green light” for traditional finance. Strategy’s […]

Tokenized Real Estate Could Top $4 Trillion

Deloitte’s Center for Financial Services has done the math, and the numbers are staggering: by 2035, more than $4 trillion worth of global real estate could be represented on public or permissioned blockchains—up from under $300 billion today. That projection, delivered in a new report on April 24, implies a compound annual growth rate north […]

Nasdaq Firm Bets Big on Solana Treasury

DeFi Development Corp, the company Wall Street once knew as Janover, has officially pivoted from commercial-property matchmaking to crypto-native capital deployment. A freshly filed S-3 with the U.S. Securities and Exchange Commission outlines an ambition to raise more than $1 billion—and funnel a meaningful chunk of those proceeds straight into Solana (SOL). The plan is […]

Hashdex Debuts First XRP Spot ETF in Brazil

Brazil’s B3 exchange added a new ticker to its boards this week, and it could redefine how institutions gain exposure to Ripple’s native asset. XRPH11, the world’s first XRP spot exchange-traded fund, opened for trading on April 25 under the stewardship of Hashdex, with Genial Investimentos acting as administrator and Genial Bank SA as custodian. […]