Author: CryptoDispatchDaily.com
Key Takeaways What’s driving Ondo Finance’s rapid growth in the RWA sector? Ondo’s tokenization of U.S. Treasury Bonds, ETFs, and stocks has fueled institutional adoption and global market expansion. What is the long-term price outlook for ONDO based on current growth trends? If RWA adoption accelerates to 100% annually, ONDO could reach $10 by 2028; otherwise, it may hit that mark by 2035. Tokenization of Real World Assets (RWAs) has become one of the most promising growth areas in the blockchain space. As Traditional Finance (TradFi) continues to merge with blockchain technology, the market for tokenized assets is set to…
TLDR Sberbank confirmed it will launch crypto trading services after Russia enacts digital asset regulation and exchange trading begins. Ruslan Vesterovsky said the bank stands ready to provide access once the legal framework takes effect. The Bank of Russia continues to classify cryptocurrencies as high-risk instruments under its policy framework. The central bank’s December 2025 concept allows qualified and non-qualified investors to buy crypto assets under set conditions. Non-qualified investors may invest up to 300,000 rubles per year after passing a mandatory test. Russia’s largest lender signaled readiness to enter cryptocurrency trading once national rules take effect. Senior Vice President…
This week’s crypto stories spanned enforcement, mining, regulation, adoption, and institutional flows. Chainalysis traced Iran-linked stablecoin routing behind a major USDT freeze, while Riot continued its steady BTC sales to NYDIG. France dropped a proposed self-custody reporting rule, Binance argued crypto’s next wave of users will come through payments and utility, and Canada’s AIMCo disclosed a $219 million MSTR position as pension exposure to bitcoin-linked assets keeps expanding. Key Takeaways: Chainalysis linked Iran flows to a $344M USDT freeze, making stablecoins sanctions tools. Riot sent 500 BTC to NYDIG, pressuring miners as AI and energy costs drive consolidation. Binance says…
Tether posted $1.04 billion in Q1 2026 net profit and a record Tether profit reserve buffer of $8.23 billion, backed primarily by $141 billion in US Treasuries, in a quarterly attestation published May 1 by accounting firm BDO, its most detailed financial disclosure to date. Summary Tether profit of $1.04 billion in Q1 represents a buffer growth of 47% year on year, with excess reserves rising from $5.6 billion in Q1 2025 to $8.23 billion in Q1 2026 and total assets reaching $191.77 billion against $183.54 billion in liabilities. The $141 billion US Treasuries position makes Tether the 17th-largest holder…
TLDR Thailand SEC has proposed new rules to allow digital asset firms to apply for derivatives licenses within existing entities. The proposal removes the requirement for crypto firms to establish separate companies for derivatives operations. The regulator aims to expand access to crypto futures while strengthening oversight and compliance standards. The consultation period will remain open until May 20 for industry feedback. Blockchain.com launched perpetual futures trading with up to 40% leverage using Bitcoin as collateral. Thailand’s securities regulator has opened consultation on new licensing rules for digital asset firms. The proposal allows firms to seek derivatives licenses within existing…
Crypto pundit Crypto Dyl has revealed how high the XRP price could reach if it replicates its historical surge in 2017. This comes amid former Ripple CTO David Schwartz’s statement in which he addresses predictions that the altcoin could rally to $10,000. Pundit Reveals XRP Price Target If It Mirrors 2017 Surge In an X post, Crypto Dyl stated that the XRP price could rally to $1,044 if it sees another supply shock and records a 768x gain as it did in 2017. He noted that in 2017, the altcoin rallied from $0.005 to $3.84 due to a supply shock.…
TLDR: Ondo Finance holds roughly 70% of the tokenized stock market share, with over $825M in total value locked. Holders of 250+ tokenized stocks and ETFs can now participate in proxy voting through Broadridge’s network. Voting recommendations are weighted proportionately based on each token holder’s onchain ownership stake. Ondo tokenized stocks are live on Solana, Ethereum, and BNB Chain, backed by Binance, MetaMask, and Ledger. Ondo Finance has announced a partnership with Broadridge to bring proxy voting to holders of tokenized stocks and ETFs. Through this integration, holders of over 250 tokenized products can now access corporate governance tools. Broadridge…
TLDR Gemini secured approval from the U.S. Commodity Futures Trading Commission for a derivatives clearinghouse license. The license allows Gemini to clear and settle trades internally without relying on external providers. Gemini aims to expand into the prediction market sector and compete with platforms like Kalshi and Polymarket. The company plans to offer a full trading ecosystem including futures, options, and event-based contracts. Gemini shares increased by about 7% following the announcement of the approval. Gemini secured regulatory approval to expand its trading operations into U.S. derivatives and prediction markets. The move allows the exchange to handle trade clearing internally…
Prediction market giant Polymarket has stepped up surveillance and compliance controls following a high-profile insider trading scandal. The prediction market operator is collaborating with Chainalysis to tighten oversight following the $410,000 insider bet on the capture of Venezuelan President Nicolás Maduro. According to Polymarket, it will work with Chainalysis to create a more reliable and transparent betting environment and, hopefully, set the gold standard for market oversight. It also stated that they will collaborate to introduce new monitoring and detection tools and reinforce on-chain security to prevent threats. Chainalysis will also help train Polymarket’s team, build new detection capabilities, and…
High market cap, few actual users: Which ghost chains should you look out for in 2026?
The blockchain boom has accelerated, driving a sharp rise in active networks. DefiLlama now tracks more than 500 chains, highlighting the scale of this growth. While many new chains have launched, only a select few have achieved lasting success. Alchemy lists 64 such chains, each holding a significant market capitalization. Among these chains, some have recorded substantial growth and dominate the market. On the other hand, others have experienced a near collapse in demand, with fewer users despite commanding a large market capitalization. Chains with high market cap but low active users Despite the blockchain boom, some chains have failed…
