The tokenized commodities market has climbed above $6.1 billion in value, marking a 53% increase in less than six weeks and emerging as the fastest-growing segment within the real-world asset tokenization sector. The sharp rise has been largely fueled by growing demand for tokenized gold as bullion prices rally to historic highs. Tokenized Gold Dominates Market Growth At the start of the year, the tokenized commodities market was valued at just over $4 billion, meaning nearly $2 billion has been added since January 1. Gold-backed digital assets account for the overwhelming majority of that growth. Tether Gold (XAUt) leads the…
Author: Blockto Team
Former FTX chief executive Sam Bankman-Fried has filed a motion requesting a new criminal trial as he continues to challenge his conviction related to the collapse of the cryptocurrency exchange. The filing was submitted Tuesday in the U.S. District Court for the Southern District of New York through a pro se motion filed by his mother on his behalf. In the accompanying memorandum, Bankman-Fried accused federal prosecutors of withholding evidence and argued that the trial judge should be recused. The motion claims the case was built on what it describes as false allegations that customer funds were stolen and irreparably…
Robinhood has introduced a public testnet for Robinhood Chain, an Ethereum layer-2 network built using Arbitrum technology. The move signals a deeper push into tokenized real-world assets and decentralized finance infrastructure. The testnet is now accessible to developers and includes documentation, network access points, and compatibility with standard Ethereum development tools. Early infrastructure partners have already begun integrations. A mainnet launch is expected later this year. Robinhood says the network is engineered for financial-grade applications, including 24/7 trading, seamless asset bridging, self-custody functionality, tokenized asset platforms, lending protocols, and perpetual futures markets. Expansion Into Tokenized Stocks and DeFi Ecosystem The…
Braden Karony, former chief executive of SafeMoon, has been sentenced to 100 months in federal prison for misappropriating approximately $9 million from the platform’s liquidity pool in 2021. The sentencing follows his May 2025 conviction on charges including conspiracy to commit securities fraud, wire fraud, and money laundering. Prosecutors said Karony diverted investor funds to finance personal purchases, including a $2.2 million home in Utah and multiple luxury vehicles such as an Audi R8, Tesla, Ford F-550, and Jeep Gladiator. Asset Forfeiture and Restitution Karony has been ordered to forfeit about $7.5 million. A separate restitution amount for affected investors…
Strategy Executive Chairman Michael Saylor said bitcoin remains positioned to significantly outperform traditional equity markets over the coming years, despite recent price volatility. He stated that bitcoin could double or triple the returns of the S&P 500 over a multi-year horizon, emphasizing long-term conviction rather than short-term price movements. Bitcoin is currently trading below $70,000 after pulling back from highs above $126,000 reached in late 2025. The correction has also pressured Strategy’s stock, though shares have rebounded in recent sessions alongside broader market stabilization. Bitcoin Treasury Strategy and Holdings Strategy continues expanding its bitcoin treasury even as market prices remain…
Bitcoin’s reputation as “digital gold” is being challenged as new research shows its price movements increasingly align with risk-on assets rather than traditional safe havens. Recent analysis indicates that Bitcoin’s short-term behavior has diverged from gold and silver, even as precious metals reached record highs. Instead of tracking defensive assets, Bitcoin has developed a strong correlation with equities, particularly software stocks, a trend that has intensified since early 2024. This shift suggests Bitcoin is currently trading more like a high-growth technology asset than a hedge against macroeconomic stress. Software Stocks and Market Sell-Offs Influence Bitcoin The data shows Bitcoin’s recent…
Bitcoin Cash (BCH) is currently trading around $524, testing a long-term ascending trendline that has provided strong support since early 2023. Weekly chart patterns indicate repeated equal lows near $365–$400, signaling accumulation and buyer interest at these levels. The immediate resistance zone lies between $650 and $700, where BCH has struggled to break higher in recent months. A decisive breakout above $700 could trigger a rally toward $1,200, while a break below the $500 trendline may test $365–$400, with further downside possible near $300. Fundamental Factors Influencing BCH Bitcoin Cash remains a major Bitcoin fork, designed for faster peer-to-peer transactions.…
Tether, the issuer of the world’s largest stablecoin, has made a strategic investment in LayerZero Labs, reinforcing its focus on cross-chain interoperability. While the size of the investment was not disclosed, the move highlights Tether’s growing commitment to infrastructure that enables seamless asset transfers across blockchains. LayerZero Technology Powers USDT0 LayerZero’s interoperability protocol has been used to develop USDT0, an omnichain version of Tether’s stablecoin. Built using LayerZero’s Omnichain Fungible Token standard, USDT0 allows USDT to operate on blockchains where it is not natively issued while maintaining a 1:1 backing with standard USDT. Since its launch in early 2025, USDT0…
Circle Ventures has made an undisclosed investment in decentralized trading platform edgeX, signaling deeper involvement ahead of the project’s planned token launch before the end of March. Alongside the investment, Circle plans to integrate USDC and its Cross-Chain Transfer Protocol (CCTP) onto edgeX’s underlying blockchain, known as EDGE Chain. edgeX Growth and Trading Activity Founded in 2024, edgeX operates a decentralized perpetual futures exchange across web and mobile platforms. The project reports more than 295,000 users, roughly $5 billion in daily trading volume, and close to $1 billion in open interest. Adoption has been strongest in Asia, driven by a…
The United Kingdom’s Financial Conduct Authority (FCA) has filed High Court proceedings against Panama-based cryptocurrency exchange HTX, formerly known as Huobi Global, for repeatedly promoting crypto products to UK consumers in violation of financial advertising rules. The action follows prior warnings from the regulator about HTX’s noncompliance. Illegal Promotions Across Multiple Platforms The FCA stated that HTX continued publishing financial promotions on social media channels including TikTok, X, Facebook, Instagram, and YouTube, as well as on its website, despite being informed that such activity breaches the Financial Promotions (FinProm) Regime introduced in October 2023. The regulator obtained permission on February…