News linked to both this project and an event.
The Zcash Foundation released its Q1 2026 report, disclosing total liquid assets of approximately $36.7 million, including roughly $12.11 million in cash, 506,556 USDC, 85,412 ZEC (valued at ~$21.2 million), 41.8 BTC (valued at ~$2.85 million), and 12.02 ETH (valued at ~$25,000). The Zcash Foundation added that, although the first quarter of this year saw personnel changes within the Electric Coin Company’s development team and governance-related disputes, network operations remained unaffected, with transactions and block production continuing normally. On the regulatory front, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation without taking any enforcement action, thereby resolving long-standing regulatory uncertainty.
OdailyOdaily reports that Standard Chartered expects the market capitalization of tokenized on-chain assets to reach $4 trillion by the end of 2028, split evenly between stablecoins and real-world assets.Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that established DeFi protocols with strong risk metrics will be the primary beneficiaries. The composability of DeFi is a core advantage, citing BlackRock's BUIDL fund, which has approximately $2.85 billion in assets under management, as an example. BUIDL allows investors to earn yield while using the fund as collateral and maintaining liquidity. The passage of the Clarity Act is seen as a near-term catalyst accelerating the shift from traditional channels to DeFi.Data shows that Aave, the largest DeFi lending protocol, once ranked 38th among US banks in terms of asset size. Daily on-chain stablecoin lending volume stands between $1.5 billion and $2 billion. The lending product offered by Coinbase in partnership with Morpho has reached a loan size of $1.75 billion. (The Block)
: U.S. Commodity Futures Trading Commission Chairman Michael Selig stated at Consensus 2026 that the CFTC has filed lawsuits against regulatory agencies in approximately five to six states, including Arizona, Connecticut, Illinois, and New York. The core dispute revolves around the regulatory authority over prediction markets. He noted that if rulings diverge across different circuit courts, the relevant cases could ultimately be appealed to the U.S. Supreme Court.Michael Selig said that the Commodity Exchange Act has clearly granted the CFTC exclusive regulatory authority over commodity derivatives, and that event contracts for prediction markets are financial derivatives traded on federally regulated exchanges, fundamentally different from traditional entertainment venue models. He argued that some state-level regulators are attempting to challenge federal law through local regulations, and the CFTC will continue to file lawsuits against such actions.
According to JIN10, U.S. President Trump criticized Tehran’s leadership for lacking unity, which he said is hindering agreement on ending the nine-week conflict that has triggered a global energy crisis. He stated that “Iran’s requests are ones I cannot accept,” though some traders interpreted this as a negotiating tactic rather than an abandonment of peace efforts. Investors will be watching for a new batch of U.S. corporate earnings reports and U.S. employment data. Below are the key market focus points for the coming week: Tuesday, 00:50: John Williams, President of the Federal Reserve Bank of New York and a permanent voting member of the FOMC, delivers a speech; Tuesday, 22:00: U.S. April ISM Non-Manufacturing PMI and U.S. March JOLTS Job Openings; Wednesday, 20:15: U.S. April ADP Employment Change; Wednesday, 21:30: Alberto Musalem, President of the Federal Reserve Bank of St. Louis and an FOMC voter in 2028, speaks on the economic outlook and monetary policy; Thursday, 01:00: Austan Goolsbee, President of the Federal Reserve Bank of Chicago and an FOMC voter in 2027, participates in a panel discussion at a conference; Thursday, 19:30: U.S. April Challenger Job Cuts; Friday, 02:05: Loretta Mester, President of the Federal Reserve Bank of Cleveland and an FOMC voter in 2026, delivers a speech; Friday, 03:30: John Williams, President of the Federal Reserve Bank of New York and a permanent voting member of the FOMC, delivers a speech; Friday, 22:00: U.S. May one-year inflation expectation (preliminary), U.S. May University of Michigan Consumer Sentiment Index (preliminary), and U.S. March wholesale sales (month-on-month). Forecasters expect the April nonfarm payrolls report—due next Friday—to show solid job growth.
U.S. lawmakers have reached an agreement on stablecoin yield provisions, a point of contention that had stalled the Clarity Act in the Senate for months. Senators Tom Tillis and Angela Alsobrooks have finalized the text of the related compromise. Section 404 of the agreement stipulates that crypto companies cannot offer interest or returns that are economically or functionally equivalent to bank deposits, but allows for incentives related to the use of genuine platforms.Coinbase CEO Brian Armstrong stated that the Senate Banking Committee should be urged to deliberate on the bill as soon as possible. This development could provide momentum for what has been a long-stalled review process. (The Block)
Odaily News: According to sources, UK-based digital bank Revolut plans to seek a valuation between $150 billion and $200 billion in its future IPO, a significant increase from its previous $75 billion valuation. The company's CEO, Nik Storonsky, also revealed that Revolut is preparing for a new round of secondary share sale in the second half of 2026, with a potential valuation exceeding $100 billion. (Financial Times)Previously, Nik Storonsky stated that the company's listing timeline is at least two years away, potentially delayed until 2028 at the earliest, with no immediate IPO plans. He pointed out that Revolut is currently focusing on expanding its presence in the US market, including applying for a banking license to gain access to the Federal Reserve's payment system and expand its lending and credit card businesses. Meanwhile, the company has already obtained a full banking license in the UK.