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Grvt Launches 3 Tokenized Yield Funds Backed by Institutional RWAs

Decentralized derivatives platform Grvt is partnering with tokenization specialist Plume to launch three tokenized real-world asset (RWA) yield products. The move integrates fixed-income and structured-credit exposure directly into Grvt’s platform, enabling users to access on-chain yield strategies from self-custodial wallets without moving assets to separate venues. The products will track tokenized institutional-grade assets, including exposure to the iShares AAA CLO Active ETF, which totals roughly $2.2 billion in assets. The three investment vehicles — Base Yield Fund, Balanced Fund and Opportunistic Fund — will be available inside Grvt’s trading environment, letting users tap into yield strategies from the same wallet they already use for perpetual futures trading. Plume, which focuses on tokenized real-world assets, provides the on-chain yield infrastructure that underpins these products. Grvt’s announcement notes that the arrangement merges tokenized fixed-income exposure with P...
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Philippines Crypto Rules Shape Binance Return Via Local Partner

Binance has disclosed a formal market-entry initiative in the Philippines, aligning with fintech partner BlockShoals Technologies to pursue operations through local partnerships and regulatory engagement. The arrangement positions BlockShoals as an approved local intermediary under the Philippine Securities and Exchange Commission’s StratBox framework, with Binance providing technology, security, operations, and compliance support. According to Cointelegraph, the effort signifies Binance’s intent to pursue a compliance-first pathway into a market where direct access has historically been restricted. A Binance spokesperson told Cointelegraph that the company is pursuing a compliance-oriented market approach in collaboration with local stakeholders. “This represents Binance’s first formal market entry approach in the Philippines through local partnerships and regulatory engagement,” the spokesperson said. The StratBox-based plan is designed to unfold in phases, with the sandbox portion e...

Institutional Bitcoin Treasuries Add 603 BTC as Buy Strategy Pauses

A round of purchases from smaller Bitcoin treasury holders suggests continued demand for the asset even as the largest corporate buyers pressed pause. In total, 602.6 BTC — worth about $46 million at recent prices — moved into treasuries last week. The buys included Strive’s 381.6 BTC acquisition, a 200 BTC purchase by DDC Enterprise Limited, 19 BTC acquired by The Smarter Web Company (SWC), and 2 BTC bought by Hyperscale Data, according to filings and announcements cited in coverage. The pattern points to a shift in the buyer base rather than a wholesale retreat from corporate Bitcoin accumulation. While Strategy, the largest known treasury holder, reportedly paused its weekly buying cadence, smaller treasury firms stepped in to accumulate on a dip below $80,000 per BTC. Key takeaways Smaller corporate treasuries added 602.6 BTC last week, signaling persistent demand even as larger holders paused. Purchases included 381.6 BTC by Strive (SEC Form 8-K), 200 BTC by DDC Enterprise Lim...

Singapore Charges Former Hodlnaut CEO in Terra Collapse Probe

Singapore’s criminal justice system has taken aim at governance practices in one of the industry’s high-profile cases linked to the Terra ecosystem collapse. Former Hodlnaut chief executive Zhu Juntao was charged in Singapore with six counts of fraud by false representation, tied to statements made after the TerraUSD (UST) crash in 2022. The Commercial Affairs Department conducted the investigation, and Zhu, aged 36, faces three charges under Section 424A(1)(a) read with Section 424A(3) of the Penal Code 1871, as well as three additional charges under the same provision read with Section 109, according to the Singapore Police Force. According to the Singapore Police Force, the charges allege that Zhu directed Hodlnaut staff to issue statements in the company’s official Telegram group and in emails to users between May and July 2022 that falsely asserted Hodlnaut did not have direct exposure to UST and had not suffered losses from the crash. The police also stated that Zhu published thr...

Crypto Funds See $1.47B in Outflows as Risk-Off Sentiment Deepens

Crypto investment products posted a net outflow of about $1.47 billion last week, extending a retreat that began in the prior period. The majority of the selling came from Bitcoin-focused exchange-traded products (ETPs), according to CoinShares’ latest weekly flows report. While Bitcoin funds bore the brunt, some altcoin ETPs and thematics still attracted fresh money, underscoring a market that remains skittish on the leading asset but selective about where to deploy capital. Total assets under management across crypto ETPs stood around $148.7 billion, with Bitcoin funds accounting for roughly 80% of that stack, or about $120.2 billion. The slide in Bitcoin products marked the largest weekly withdrawal of 2026 for BTC-focused vehicles, while Ether funds shed $223 million, CoinShares noted. Analysts pointed to a risk-off mood tied to geopolitical and macro concerns, even as the CLARITY Act seen by some as a potential catalyst for domestic innovation moves closer to reality. Key takeaway...

Bitcoin Treasury Drawdowns Accelerate With Latest BTC Transfers From Trump Media Company

Key Highlights A recent report suggests that Trump Media has transferred around 4,600 BTC to wallet addresses connected with Crypto.com The drawdowns associated with the company's Bitcoin treasuries are reported at around $455 million Traders are closely watching exchange inflows for any large Bitcoin transfer activity Trump Media BTC Moves Raise Market Speculations The fears related to treasuries have risen after news that Trump Media & Technology Group conducted transfers of thousands of BTC within several trading sessions. Blockchain monitoring detected a second move of 2,650 BTC, about $205 million, with destination wallets allegedly connected to Crypto.com. https://x.com/coinbureau/status/2057687902155669943 According to recent data, the number of recent Bitcoin moves linked to Trump Media reached more than 4,600 BTC. Exchange-linked transactions can raise increased interest from institutional investors since such movements may indicate the company's desire to...

Solstice's $SLX Debut Faces Heavy Selling as Airdrop Users Criticize Vesting Rules

Solstice Finance's native $SLX token has already been met with controversy since its launch, as some airdrop participants are not satisfied with the conditions that had to be fulfilled. $SLX officially launched trading on 25 May on exchanges such as Binance Alpha , Bitget, OKX, Gate.io and MEXC. It had a fully diluted valuation of just under $230 million when it was initially launched, but dropped considerably within a few hours. Market data showed that shortly after launch the token lost over 40% of its value due to a mass sell-off of allocations. Airdrop Farmers Push Back The most significant and common complaints were from users who joined Solstice's rewards program called 'Flare' and were hoping for a fully unlocked airdrop. Instead, many found their allotments are subject to vesting periods that require three months or nine months to unlock. Community members were also upset by the short registration period, with some saying they were not informed and were depriv...