[David Sacks: Digital Asset Bill Review is a Key Step for U.S. Crypto Innovation] David Sacks stated that the upcoming review of the 'Digital Asset Market Clarity Act' is an important step for the U.S. to become the 'global crypto capital.' He praised Senate Banking Committee Chairman Tim Scott for his efforts in advancing the legislation and thanked White House Crypto Director Patrick Witt for his coordination work. He pointed out that approximately 50 million people in the U.S. hold or use cryptocurrencies, and this bill will provide institutional support for the long-term innovation and development of the ecosystem.

The protocol, led by veteran BNY executive Anthony Moro, aims to connect real-world assets with DeFi markets, starting with home equity lines of credit and Treasuries. What to know : NUVA, a new Ethereum-based marketplace from Animoca Brands and Nuva Labs, is linking $19 billion of tokenized real-world assets tied to Figure to decentralized finance. The platform debuts with two flagship products, a Treasury-linked yield vault and a token tied to Figure Technologies' $18 billion home equity line of credit portfolio. NUVA aims to create a global distribution layer for institutional-grade products that retail users can trade, lend or use as collateral across DeFi, CEO Anthony Moro said.

The French crypto security firm, which is said to have explored a potential $4 billion U.S. listing, is reassessing its public market plans as volatile conditions weigh on investor appetite for crypto IPOs. What to know : Crypto wallet maker Ledger paused plans for a U.S. IPO because of unfavorable market conditions, according to two people familiar with the process. The French cryptocurrency security firm had reportedly hired Goldman Sachs, Jefferies and Barclays earlier this year for a potential IPO that could have valued the company at roughly $4 billion. Ledger has expanded in the U.S., appointing former Circle executive John Andrews as CFO in March and opening a New York office focused on its institutional business and Ledger Enterprise platform.

[Morgan Stanley Increases Holdings by 395.6 Bitcoins, Total Holdings Reach 3,389 Bitcoins] According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), Morgan Stanley purchased 395.6 Bitcoins in the past 24 hours, valued at approximately $25.81 million (around $25.8M). The company now holds a total of 3,389 Bitcoins, with a total value of approximately $270 million.

Michael Saylor's Strategy purchased approximately 1000 bitcoins within an hour today, spending around $13 million per minute. （The Bitcoin Historian）