News linked to both this project and an event.
Odaily reports: Ondo has announced that 15 tokenized stocks and ETFs are now live on Robinhood Chain, with 11 of them open for trading in StablePair liquidity pools on Uniswap v4. The pools allow traders to swap directly between Ondo Stocks and Robinhood Stock Tokens that track the same underlying assets, while liquidity providers can earn fees by providing liquidity.Ondo stated that its tokenized stocks support round-the-clock minting and redemption, providing traders with an additional source of liquidity, exit channels, and arbitrage opportunities during periods when Robinhood Stock Tokens suspend minting and redemption on weekends, helping to narrow the price deviation between on-chain prices and the underlying asset prices. The 15 assets launched this time also include 4 assets that do not yet have corresponding Robinhood Stock Tokens, such as Robinhood (HOODon), iShares China Large-Cap ETF (FXIon), BitMine (BMNRon), and the United States Copper Index Fund (CPERon).Ondo Stocks can be bridged between Robinhood Chain and BNB Chain or Ethereum via Ondo Bridge, and can be minted and redeemed on the latter two.
According to CoinDesk, digital asset financial services firm Two Prime has launched the Bitcoin lending vault Axiom WBTC Yield Vault on Pareto, offering institutional investors annualized returns of 1.5% to 2%. It accepts wrapped Bitcoin (WBTC) deposits, with a minimum deposit threshold of 5 WBTC (approximately $400,000). Two Prime has committed to injecting approximately $10 million in proprietary capital to cover initial losses, with target borrowers including publicly listed companies, credit rating agencies, and diversified financial institutions. Asset custody is managed by ICE Digital Trust and Copper Technologies, while the underlying private credit infrastructure is powered by Pareto.
Odaily News: Prediction market platform Kalshi has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to launch gold and silver perpetual contracts on September 10. This marks the first non-crypto perpetual contract product approved by the CFTC. Kalshi was first approved to offer cryptocurrency perpetual contracts in late May of this year, and related products have since reached $44 billion in notional trading volume. Kalshi stated that gold and silver event contracts have exceeded $400 million in trading volume over the past 7 months, prompting the company to further expand its precious metals perpetual contract business. Additionally, Kalshi is also seeking to launch perpetual contracts related to US stocks, copper, and forex. (CNBC)
The People's Bank of China increased its gold holdings in August to a single-month record high, and Huawei released its next-generation chips. LME copper prices broke through a record of $14,533, the Japanese yen surged sharply, and geopolitical tensions in the Middle East continued to escalate.
According to CoinDesk, cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million and has engaged Wall Street investment bank Cantor Fitzgerald to assist with the transaction. Copper’s core asset is its ClearLoop custody-based settlement system, which enables institutional clients to execute delivery versus payment (DvP) transactions without moving assets on-chain, effectively eliminating settlement risk. The company currently boasts over 1,000 active counterparties and processes over $50 billion in notional trading volume monthly. Copper had previously considered an IPO, but the broader crypto IPO market has entered a wait-and-see phase amid sluggish Bitcoin prices and the capital-attracting effect of the AI sector.