Author: Blockto Team

Ruble-backed stablecoin known as A7A5, linked to Russian financial networks under sanctions, processed more than $100 billion in onchain transactions in under a year before enforcement actions sharply curtailed its growth, according to new blockchain analysis. The token was designed to operate within a system aimed at reducing exposure to Western financial restrictions, allowing affiliated entities to move value through crypto markets while limiting the risk of asset freezes. Activity surged shortly after A7A5’s launch in early 2025, before declining later in the year as sanctions and exchange-level controls took effect. The $100 billion figure reflects the aggregate value of…

Superstate has secured $82.5 million in Series B funding as it accelerates efforts to modernize public markets through blockchain-based equity issuance. The funding reflects growing institutional confidence in onchain capital markets and regulated tokenized securities. The investment round was led by Bain Capital Crypto and Distributed Global, with backing from several major digital asset and institutional investment firms. The capital will be used to expand Superstate’s infrastructure for issuing and trading SEC-registered equities directly on public blockchains. Currently, Superstate manages over $1.23 billion in tokenized assets, primarily through two regulated funds. Its U.S. Treasury-backed fund holds the largest share of…

The US Senate Agriculture Committee has released a Republican draft of the crypto market structure bill, though lawmakers have yet to reach consensus with Democrats on key policy points. The draft is set for a committee markup next week, aiming to provide a regulatory framework for digital assets. Key Features of Republican Crypto Bill The Republican draft focuses on how crypto markets will be regulated by the SEC and CFTC, while offering protections for developers and service providers. It creates a legal pathway for DeFi protocols and non-custodial platforms to operate without falling under CFTC enforcement. The bill excludes stablecoin…

Binance co-founder Changpeng “CZ” Zhao revealed that he is currently in discussions with around a dozen governments exploring the tokenization of state-owned assets, signaling growing public-sector interest in blockchain-based finance. Speaking at a global economic forum, Zhao explained that asset tokenization could give governments a new way to raise capital by selling fractional ownership in national resources. These assets could include infrastructure projects, real estate holdings, or commodity reserves, allowing both domestic and international investors to participate through blockchain networks. In the past, Zhao has said on social media he’s in talks with various governments. Tokenization converts real-world assets into…

Concerns are mounting over the New York Stock Exchange’s plan to tokenize stocks and ETFs on a blockchain, with critics questioning the feasibility and clarity of the project. Industry observers remain divided on whether the initiative will transform traditional trading or fall short of expectations. The NYSE announced a blockchain-based platform aiming to enable 24/7 trading and instant settlement of stocks and ETFs, along with custody and multi-chain support. However, a Columbia Business School professor described the plan as “vaporware”, citing a lack of key details such as the choice of blockchain, whether the system would be permissioned or permissionless,…

F/m Investments, an $18 billion asset manager, has applied for regulatory approval to tokenize shares of its flagship U.S. Treasury exchange-traded fund, signaling growing momentum for blockchain adoption in traditional finance. The firm filed a request with the U.S. Securities and Exchange Commission seeking exemptive relief to record ownership of the F/m U.S. Treasury 3-Month Bill ETF (TBIL) on a permissioned blockchain. The fund manages approximately $6 billion in assets and would remain fully compliant with the Investment Company Act of 1940. According to the filing, the tokenized shares would retain the same CUSIP number, investor rights, fees, voting power,…

A new two-year research initiative will examine how Americans view financial privacy, the trade-offs they are willing to accept, and how regulation influences their financial behavior. The project brings together the Bitcoin Policy Institute, wallet technology firm Fedi, and Cornell University, combining policy analysis, academic research, and product-level insights. The study will use quantitative surveys and qualitative interviews to track evolving attitudes toward privacy in everyday financial transactions, trust in institutions, and the use of privacy-enhancing tools. Four semi-annual reports are planned, with the first expected in April 2026, aiming to introduce data-driven evidence into policy discussions. Interest in the…

Justin Sun, founder of the TRON blockchain, has committed $8 million to decentralized finance protocol River, a move aimed at deeper ecosystem integration that coincided with a sharp rise in the project’s native token. The deal was announced on X ; River, which focuses on cross-chain stablecoin infrastructure, said the investment will support deployments across the TRON ecosystem. These include stablecoin liquidity pools, lending and borrowing integrations, and new yield-focused products such as Smart Vault and Prime Vault, targeting stablecoins, TRX, and other core assets. The protocol’s flagship product, satUSD, is designed as an omni-chain stablecoin, allowing collateral on one blockchain to mint…

BitGo Holdings, a major cryptocurrency custody provider, has set the price of its initial public offering (IPO) at $18 per share, exceeding its previously marketed range of $15 to $17. The company expects its shares to begin trading on the New York Stock Exchange on Thursday under the ticker BTGO, with the offering scheduled to close Friday, pending standard conditions. The IPO includes 11.8 million shares of Class A common stock, positioning the deal to raise approximately $212.8 million in gross proceeds. Of the total, 11 million shares are newly issued by BitGo, while 795,230 shares are being sold by…

Ethereum co-founder Vitalik Buterin has proposed integrating distributed validator technology (DVT) into Ethereum’s staking system, aiming to simplify staking for users and enhance network security. The proposal could make running validators more accessible while reducing penalties for downtime. Currently, Ethereum validators rely on a single node to secure the network, exposing stakers to slashing penalties if the node fails. Buterin’s DVT approach allows a validator’s key to be shared across multiple nodes, with actions confirmed via threshold signatures. A validator remains functional as long as a majority of nodes are honest, improving uptime and reliability. The proposal envisions a group…