Real-world asset (RWA) tokenization platform OpenEden partnered with The Bank of New York Mellon Corporation (BNY Mellon) to manage and custody the underlying assets of its flagship tokenized US Treasury product, TBILL. OpenEden announced the partnership Wednesday, bringing one of Wall Street’s largest and oldest custodians into the growing market for tokenized Treasurys. OpenEden said…

Circle, a publicly traded US company and the issuer of USDC stablecoin, said it will launch a layer-1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM) later this year. The company released its second-quarter results on Tuesday and announced the introduction of Arc, a new network designed to offer an “enterprise-grade foundation” for stablecoin payments, foreign…

Algorand’s roadmap for 2025 translates its core principles into concrete initiatives, including a community-led grant program and a user-friendly cryptocurrency wallet. Blockchain technology was built on a set of ideals, such as decentralization, community governance and sustainability. However, the industry is not strange to projects that discard these foundational ideals for short-term gains. Algorand, a…