Ondo Finance, a designer of institutional-grade platforms, assets, and infrastructure, has introduced a novel approach to moving traditional assets onto the blockchain. Built on Sei’s infrastructure for digital asset exchanges, this marks a further collaboration between industry peers, bridging the gap between Web2 and Web3. An Industry First The decentralized finance (DeFi) platform Ondo announced yesterday on X the pioneering project – the first-ever US government bond product tokenized on the Sei network. The United States Dollar Yield (USDY) is a tokenized note, backed by short-term US Treasuries and bank deposits. In traditional finance (TradFi), U.S. Treasuries have long stood as a “safe haven.” With tokenization being introduced, owning bonds will become easier and more efficient through fractionalization. The network will grant developers and users alike access to a yield-bearing RWA, seamlessly integrated into Sei’s expanding DeFi stack. Regardless of the use case, whether it be collateral, payment rail, or base layer yield-primitive, USDY will enhance the network’s position in the RWA-enabled on-chain finance space. An excerpt from Ondo’s blog post reads: “USDY will be the first tokenized treasuries asset on the Sei network, a growing modular blockchain ecosystem, bringing institutional-grade onchain yield to its users for the first time.” Ondo’s ongoing strides in the DeFi space follow World Liberty Financial’s selection of the ONDO token as a strategic asset reserve, marked by a $470,000 purchase. The choice of the Sei Network comes at a time when it’s experiencing significant growth, as it’s nearing $700 million in Total Value Locked (TVL), according to data from DefiLlama. Compared to the same time last year, the protocol’s TVL was approximately $85 million, representing about a 700% increase. “Ondo Finance is setting the standard for real-world asset tokenization, and we’re thrilled to welcome USDY to the Sei ecosystem,” said Justin Barlow, Executive Director at the Sei Development Foundation. Tokenization of Assets on The Rise The RWA market has been experiencing significant growth, with data from RWA.xyz showing a total value increase from $11.6 billion to over $24 billion in just one year. Well-known names in the crypto space have been making strides in the trend, with the likes of Cardano tapping into Argentina’s mining sector to convert property rights to lithium into digital tokens. Chainlink was integrated into ANZ, an Australian bank, to enable the secure cross-chain exchange of RWAs via its Cross-Chain Interoperability Protocol (CCIP). Fidelity Investments, one of the world’s largest asset managers with approximately $5.9 trillion in assets under management (AUM), has also entered the tokenization race, reportedly researching stablecoins and tokenized treasury products. The post Ondo Finance Debuts a Tokenized US Treasury Fund (USDY) on the SEI Blockchain appeared first on CryptoPotato .
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Leaders of the world’s top two stablecoin companies laid out their plans for the future after President Trump signed sweeping stablecoin legislation into law.
The world’s largest crypto exchange platform by trading volume is adding support and airdropping for Chainbase ( C ), an artificial intelligence (AI) altcoin that integrates blockchain interfaces. In a new announcement, Binance says that Chainbase will be the newest token added to the HODLer Airdrops program, which gives users awards based on their balance of BNB , the native asset of Binance. “Binance is excited to announce the 28th project on the HODLer Airdrops page – Chainbase (C). Chainbase is a Hyperdata Network for AI.” Binance also added the token to its other programs– such as Binance Simple Earn, “Buy Crypto”, Binance Convert, and Binance Margin – before it shot up in price. News of the additions caused C to spike, going from a July 17th low of $0.125 to a peak of $0.51 just a day later. The asset has since retraced and is trading for $0.401 at time of writing, a staggering 229.7% gain during the last 24 hours. On its website , Chainbase describes itself as an AI protocol that attempts to unify data from all existing blockchains into one ecosystem. “Chainbase is the world’s largest hyperdata network designed to integrate all blockchain data into a unified ecosystem, providing an open and transparent data interoperability layer for the AI era. It has designed a novel dual-chain technology architecture that bridges the programmability and composability of crypto data, which supports high throughput, low latency, and eventual determinism, as well as higher cybersecurity through a dual staking model.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Binance Airdrops, Adds Trading Support for New Blockchain Integrating Interface Token Chainbase (C) appeared first on The Daily Hodl .
Tom Lee devoted a six-post thread on X yesterday to a single proposition: if companies treat Ethereum (ETH) the way MicroStrategy treats bitcoin, the token price need only follow the mathematics of balance-sheet absorption to reach roughly $30,000. Lee’s argument rests on the mechanics he says really powered MicroStrategy’s spectacular equity rerating. From 11 August 2020 through today the software company’s shares climbed from $13 to about $455, a 35-fold gain. Only eleven of those thirty-five turns came from bitcoin’s own rise—roughly $11,000 to $118,000 in the same period—while twenty-five turns were created by “treasury strategy,” Lee wrote, meaning repeated financings that increased BTC per share even faster than the coin’s spot price. Ethereum To $30,000? Lee lists three moves that made the template work and, in his view, will be even more potent for ETH: issuing new stock above net-asset value to acquire more tokens, exploiting token volatility to lower borrowing costs, and relying on convertibles or preferred shares to cap dilution. Because ether’s realised volatility still exceeds bitcoin’s, Lee argues the cost of debt-and-option structures used to lever the treasury can be driven lower still, accelerating token accumulation. Related Reading: Ethereum Road To $10,000: Replay Of May’s Playbook Predicts Another Breakout In the same thread he reposted a chart showing that his own vehicle, BitMine Immersion Technologies, purchased four times more notional value in its first week of activity ($1 billion in ETH) than MicroStrategy bought in its first week of bitcoin purchases back in 2020. BitMine’s numbers illustrate the scale. A regulatory filing and follow-up press release on 17 July confirmed the company now holds 300,657 ETH—just over $1 billion at the time of publication—after closing a $250 million private placement on 8 July. Lee, who chairs BitMine’s board, said the firm is “well on our way to acquiring and staking five per cent of the overall ETH supply.” The second-largest treasurer is SharpLink Gaming, chaired by Ethereum co-founder Joseph Lubin. On 17 July the company updated its SEC prospectus to increase the stock it can sell from $1 billion to $6 billion, saying proceeds will fund additional ETH purchases. SharpLink had already raised $413 million between 7 and 11 July and disclosed 280,706 ETH on its books as of 13 July, all but a few hundred of which are staked for yield. Related Reading: Ethereum Could Shoot Above $4,000 This Week, Predicts Analyst Bit Digital rounds out the trio. After a $172 million underwritten share sale on 7 July and the liquidation of 280 bitcoin, the Nasdaq-listed miner reported a treasury of 100,603 ETH and declared its intention to become “the pre-eminent ETH holding company in the world,” according to chief executive Sam Tabar. Taken together, the three firms now control roughly 682,000 ETH, or about half a per cent of the circulating supply, and each has active authorisations to issue more equity or debt expressly for ether accumulation. Lee insists the reflexive loop this creates—higher share prices providing ever-cheaper capital that buys still more token per share—can compress the time it takes for price to capture scarcity. Crypto analyst DCInvestor, responding to Lee’s thread, distilled the mathematics into a range: “Tom Lee basically calling for like $30-80K ETH. And some of you think we are gonna stop $1-2K after last cycle’s all-time high.” Ether changes hands today near $3,600. An eight-fold move to $30,000 would merely replicate the multiple that bitcoin logged between MicroStrategy’s first treasury purchase and its 2021 peak. The difference, Lee argues, is that MicroStrategy spent four years proving the model; Ethereum treasuries have taken less than two months to raise their first few billion dollars. Featured image created with DALL.E, chart from TradingView.com
The U.S. banking sector is cautious about granting crypto firms national bank licenses. Continue Reading: Bankers Lobby to Influence Crypto’s Leap into the Mainstream The post Bankers Lobby to Influence Crypto’s Leap into the Mainstream appeared first on COINTURK NEWS .
As bullish sentiment resurfaces across the crypto market, all eyes are on Bitcoin’s potential push toward the $150,000 mark, but while BTC garners headlines, a new player is making waves in the DeFi market. Mutuum Finance (MUTM) has emerged as a breakout coin, exploding in both investor interest and trading volume amid the broader rally. Mutuum Finance is in presale stage 5 of which 80% has been sold out as investors pile in. The token is at its lowest possible price of $0.03. A 16.7% jump will follow as phase 6 sets in. Over $12.6 million has been raised to date, and over 13600 investors have entered the presale. As Bitcoin regain momentum, it’s the unexpected rise of Mutuum Finance that’s turning heads and challenging narratives in 2025’s shifting digital asset market. Bitcoin Price Path: $150K Still in Sight as Rally Pauses Bitcoin is currently hovering around $118,345 after reaching fresh all-time highs near $123,100, driven by surging institutional demand, especially via ETFs and corporate treasury accumulation, and growing regulatory clarity under recent U.S. crypto legislation. Technical indicators suggest momentum may cool soon: RSI and MACD patterns point to consolidation above $115,000–$116,000 support zones, with a potential ceiling near $122,000–$123,000 resistance. Looking ahead, analysts forecast a moderate upside, targets range from $125K–$130K this quarter, and even $145K–$200K by year‑end, assuming continued ETF inflows and policy backing. Still, short‑term retracements can’t be ruled out, especially if macro sentiment shifts or profit‑taking accelerates. Fueled by Investors: Mutuum Finance Presale Surpasses $12.6 M Mutuum Finance (MUTM) has emerged as one of the most promising DeFi tokens in 2025. With over $12.6 million raised and over 13600 investors already in, the presale is gaining real traction. During phase five, the token is priced at $0.03. The next stage will see the price increase to $0.035, and with an already set official launch price of $0.06, early investors are already on a 100% profit. Reshaping Finance Through Decentralized Lending Mutuum Finance offers a non-custodial liquidity protocol where users own complete control of assets throughout decentralized lending. The project follows a double-model approach that incorporates Peer-to-Contract and Peer-to-Peer lending in an attempt to achieve greater flexibility and efficiency. Peer-to-Contract system utilizes smart contracts to establish automatic lending with no human interference and rather, the smart contracts respond to the market by giving dynamic interest rates. Peer-to-Peer model eliminates middlemen and gives direct access between the borrowers and the lenders. The model is highly preferred by users for volatile assets like meme coins. Mutuum Finance Strengthens Security with $50K Bounty & Giveaway Mutuum Finance (MUTM) is hosting a $100,000 giveaway . 10 people will each receive $10,000 MUTM tokens. The project has also launched a new leaderboard where top 50 token holders will be rewarded with bonus tokens for maintaining their ranks. To improve security, Mutuum Finance has initiated a $50,000 Bug Bounty Program with CertiK. Every vulnerability will be rewarded, with the bounty focusing on four key levels: critical, major, minor, and level four will be low. Over 13,600 investors have already contributed more than $12.6 million to Mutuum Finance (MUTM), proving its explosive rise is more than just hype. Stage 5 of the presale is 80% sold out, offering tokens at the lowest price of $0.03 before a confirmed 16.7% price increase in Phase 6. At launch, the token is set to hit $0.06, offering 100% gains from today’s price, and projections as high as $3 by year-end make this a potential 9,900% ROI opportunity. While Bitcoin eyes $150,000, the real move might be in catching the next 100x before it breaks out. Don’t get left behind. Join the Mutuum Finance presale now and claim your share before prices rise. For more information about Mutuum Finance (MUTM) visit the links below Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Matt Hougan, Bitwise’s CIO, contributed to the stablecoin regulation discourse, publicly criticizing the frequent comparisons between stablecoins and the free banking era, arguing that the comparison is misleading. With the increased acceptance of stablecoins, arguments between supporters and critics who are wary of the risks associated with cryptocurrencies have intensified. Matt Hougan calls for better analogies Matt Hougan , the Chief Investment Officer at Bitwise Asset Management, has publicly criticized what he calls “careless comparisons” between stablecoins and the free-banking era of the 1830s. He warns that such analogies distort the current policy debate. In a post on X , Hougan argued that the parallels drawn by critics of stablecoins to a chaotic period in U.S. banking history are not only misleading but “unreasonable.” “The free-banking era started 188 years ago,” Hougan wrote. “Letters moved on horseback and Samuel Morse was still tinkering with the telegraph in the lab.” Hougan acknowledged that analogies can be useful teaching tools, but said that this one doesn’t hold up to scrutiny. “They have to be reasonable,” he wrote Lawmakers and regulators are currently assessing how best to regulate stablecoins. While critics argue that privately issued digital currencies could pose systemic risks, Hougan contends that the risks are being exaggerated through historical comparisons that no longer reflect technological or regulatory realities. What was the free banking era, really? The free-banking era in the United States lasted from approximately 1837 to 1863, marked by a proliferation of bank-issued paper currency in the absence of a national currency standard. During this time, banks were allowed to issue their own notes, which were often backed by unreliable collateral such as low-quality railroad bonds or undeveloped land. According to Hougan, this created a highly inefficient and unstable financial system. Bank notes traded at discounts based on how far they were from their issuing bank, and merchants had to maintain reference books to determine the value of thousands of different notes. Redemption of notes required physical presence at the issuing bank, further complicating liquidity and confidence in the currency. “None of these things apply to stablecoins,” Hougan emphasized. He emphasized current and pending regulatory frameworks for stablecoins like the GENIUS Act , which imposes clear rules on asset backing, redemption terms, and operational transparency for stablecoin issuers. Unlike the bank notes used in the 19th century, today’s stablecoins are tradable on global exchanges, with real-time pricing and the ability to redeem remotely, often within the same day. Comparisons to the free-banking era have surfaced in Congressional hearings, regulatory white papers, and opinion columns by financial watchdogs and academic economists concerned about crypto’s potential to destabilize the monetary system. “Analogies should clarify, not obscure,” Hougan concluded. “When it comes to stablecoins, let’s stick to facts and frameworks that reflect how they actually work.” Hougan also highlighted the fact that state-regulated stablecoins, which some critics view as potentially risky, are capped at $10B in size. That market cap makes stablecoins “a vanishing fraction of the market,” he said, adding that most of the ecosystem, which is over 95% by his estimate, will consist of federally regulated stablecoins subject to strict asset management and redemption provisions. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
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The Ethereum-dominated DeFi sector has been growing by leaps and bounds, and according to data from Defillama, the total value locked (TVL) in the sector has once again reclaimed 2022 highs. The surge coincides with what Kobeissi analysts are calling the “LARGEST short squeezes in crypto history” as ETH continues to inch closer to all-time high levels. Source: Defillama DeFi finally recovers from the market crash of 2022 The DeFi sector faced significant challenges in 2022 that have held it down until this year. There was a whopping $3.6 billion lost to hacks, compounded by the market crash that followed the collapse of FTX and Terra Luna, crypto behemoths at the time. While activity continued, the total value locked (TVL) fell drastically. However, DeFi TVL is now reclaiming highs from 2022. DeFi lending has also seen significant growth. Open borrows have crossed the $19 billion mark by Q4 2024 and active loans have also recovered, particularly on chains like Aave and Ethereum. On Ethereum , loans peaked at $22.6–$24 billion this year, with over $35 billion in collateral locked, which analysts have taken as a sign of renewed investor confidence. Some important factors encouraging the sector’s recovery include increased maturity of the crypto market, growing popularity of decentralized exchanges and lending protocols, and the emergence of liquid staking platforms. Furthermore, investors see the US’ loose monetary policy and potential interest rate cuts as positive catalysts for the broader crypto and DeFi markets. Ethereum is leading the DeFi charge Ethereum is currently dominating the DeFi sector, hosting over 60% of DeFi assets and more than half of all stablecoins. Source: Defillama Ethereum’s market cap has increased by over $150 billion since July 1, days after net short exposure hit record highs. The total DeFi TVL on the chain is currently above $80 billion, leagues above Solana’s $9 billion and Bitcoin’s $7 billion. Kobeissi Letter’s report attributed ETH’s recent surge to various factors. It pointed out how net leverage shorts on the chain hit a record high in July, with net short exposure 25% above levels seen in February 2025, and implied that it caused Ethereum’s price to surge by +70% in less than one month. President Trump’s World Liberty Financial has also been buying ETH, with its most recent transaction, based on transaction logs, a $5 million purchase. Ethereum has also gained significant appeal as a corporate treasury asset, with firms like BitMine and Sharplink Gaming setting the standard, aiming to become the Strategy of Ethereum. Ethereum-linked ETFs have been raking in funds too. According to analysts, all of these have added “fuel to the already raging short-squeeze fire,” and much of the shorts were institutional capital. It also says that if ETH rises another 10%, another $1 billion of shorts will be liquidated, which could push Ethereum to $4,000 soon. President Trump is also expected to sign an executive order soon, which will allow 401(k) retirement plans to invest in crypto in what has been touted as one of the most bullish developments in crypto history. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites