Marc Boiron: Polygon Labs transforms payment processing and expects to achieve profitability by 2027

Solana officially announced that Mugwater TCG, a subsidiary of Yuga Labs, has been launched in Solana. The series includes 120 BAYC themed art pieces. Bored Ape Yacht Club has officially airdropped 6551 Totems to BAYC and MAYC holders, who can claim Mudwater card packs with Totems.

Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.

A certain giant whale holds 1360 BTC multiple orders, with a position value of 110 million US dollars and a liquidation price of 803400 US dollars, and has set a market stop loss at 80500 US dollars.

[Italy, Portugal, and Singapore Hold 66.9% of Geolocated Tokenized U.S. Treasury Assets] Data from Chainalysis shows that Italy, Portugal, and Singapore collectively account for 66.9% of geolocated tokenized U.S. Treasury assets, while the U.S. accounts for 10.5%. Tokenization has lowered the minimum holding threshold and reduced the need for investors to participate through U.S. brokerage accounts, providing overseas investors with a channel to allocate U.S. Treasury assets. (Source: Chainalysis)

Goldman Sachs, Wells Fargo, and Morgan Stanley stated during their third quarter earnings conference call that they view tokenization as a business growth opportunity, but did not provide any revenue expectations. Gaosheng is researching expanding the use of DTCC tokenization services; Fuguo Bank has used tokenized deposits to process cross-border payments, with funds arriving in the receiving account within two minutes, and is exploring tokenized securities, RWA, and encrypted trading services for wealth management clients; Morgan Stanley stated that tokenization can accelerate and simplify asset transfers, but clients still require investment advice.