Coinbase Ventures has backed Ethena via an open-market token purchase as the protocol prepares to roll out a savings product integration for the exchange is 100 million users. The partnership aim to grow onchain finance and savings products.
https://www.coindesk.com/business/2026/06/02/coinbase-backs-ethena-ahead-of-savings-product-launch-for-exchange-s-100-million-users #Web3 #Blockchain #InstitutionalAdoption
Coinbase (COIN) backs Ethena (ENA) ahead of savings product launch for 100 million users
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens as the protocol is set to roll out a Coinbase integration next week.
CoinDeskFranklin Templeton has teamed up with MoonPay to let big investors swap stablecoins for yields 24/7. The Wall Street giant integrates its platform with MoonPay, enabling eligible institutions to swap stablecoins for tokenised funds without leaving the blockchain.
https://www.coindesk.com/business/2026/06/02/franklin-templeton-teams-up-with-moonpay-to-let-big-investors-swap-stablecoins-for-yields-24-7 #Blockchain #Crypto #InstitutionalAdoption
Franklin Templeton is teaming up with MoonPay to let big investors swap stablecoins for yields 24/7
The Wall Street giant is integrating its tech platform with MoonPay's infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.
CoinDeskMoneyGram launches MGUSD stablecoin on Stellar via Stripe's Bridge, powering global cross-border payments. The remittance giant embraces digital dollar stablecoins for instant transfers worldwide.
https://www.coindesk.com/business/2026/06/02/moneygram-launches-stablecoin-on-stellar-joining-rush-toward-digital-dollar-payments #Web3 #Blockchain #InstitutionalAdoption
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction in cross-border payments.
CoinDeskBinance opens access to 7,000 US stocks for non-US users, with zero commission trading and fractional buys from 5 USD. The exchange also previewed bStocks, letting users mint tokenised versions of shares on BNB blockchain.
https://decrypt.co/369603/binance-opens-access-to-7000-us-stocks-prepares-tokenized-bstocks-rollout #Blockchain #Crypto #InstitutionalAdoption
Binance Opens Access to 7,000 US Stocks, Prepares Tokenized 'bStocks' Rollout
Binance opened equities trading and previewed "bStocks," with experts split over whether tokenization unlocks growth or layers on new risk.
DecryptBlackRock IBIT saw a massive 1.26B USD sale in a single trade, likely a rapid exit by a large investor. NYDIG rejected the basis-trade theory, citing the large discount and lack of unusual CME futures volume spike.
https://www.coindesk.com/markets/2026/05/31/a-massive-usd1-26-billion-sale-of-blackrock-s-ibit-was-likely-a-rapid-exit-by-a-large-investor #Web3 #Blockchain #InstitutionalAdoption
Bitcoin News: A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor, NYDIG says
NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.
CoinDesk
How Stellar (XLM) became part of DTCC's plan to bring securities onchain
The blockchain's ties to DTCC stretch back years through Securrency, while Franklin Templeton's BENJI fund helped demonstrate how regulated assets can operate on public networks.
CoinDeskCrypto banks are building on distributed ledger infrastructure rather than buying tokens directly. BlackRock tokenised fund and Stripe Bridge show institutions want the rails, not the asset.
https://cryptoslate.com/crypto-walked-so-banks-could-run/ #Web3 #Blockchain #InstitutionalAdoption
Crypto walked so banks could run
The following is a guest post and opinion from Ben Nadareski, Co-founder & CEO of Solstice . Institutions were never going to arrive in crypto the way crypto wanted them to. No stampede into governance tokens. No CFO proudly announcing that idle treasury had been rotated into volatile assets. No pension fund committee suddenly speaking […]
CryptoSlateOKX Ventures has acquired a 53 million USD stake in South Korea's Coinone exchange alongside Korea Investment and Securities. The move gives the global crypto exchange a foothold in the Korean market, following Binance's acquisition of Gopax.
https://www.coindesk.com/markets/2026/05/29/okx-ventures-buys-usd53-million-stake-in-korea-s-coinone-exchange #Web3 #Blockchain #InstitutionalAdoption
OKX Ventures buys $53 million stake in Korea's Coinone exchange
The crypto exchange's investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.
CoinDeskAs more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.
https://www.coindesk.com/coindesk-news/2026/05/28/calamos-bets-protected-bitcoin-etfs-can-outlast-crypto-market-swings #Web3 #Blockchain #InstitutionalAdoption
Calamos bets protected Bitcoin ETFs can outlast crypto market swings
As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.
CoinDesk