Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to $4.61 trillion, their lowest since late 2024.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CoinDeskRelated market context
$900 billion asset manager Federated Hermes taps crypto infrastructure to bring tokenized funds to brokerages
This partnership could accelerate the integration of blockchain in traditional finance, potentially reshaping investment accessibi...
Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares
The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds...
Bitcoin ETF Outflows Reach $65 Million as BlackRock Bleeds Cash
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows yesterday, accounting for the entire withdrawal fr...
Citadel Securities and BNY separately advance tokenized US Treasury initiatives
Tokenized Treasuries could revolutionize financial markets by enabling 24/7 trading and settlement, potentially increasing liquidi...
Most tokenized stock trading on Solana, BNB Chain occurs outside US market hours
Tokenized equities have reached nearly $3.3 billion in value as investors embrace round-the-clock access beyond Wall Street hours.
Crypto spot trading volume hits $696.7 billion in September as every major exchange grows
The surge in crypto spot trading volume indicates a renewed investor interest, potentially driving market volatility and regulator...