Lido Launches v3, Aiming to Bring Liquid Staking to Institutions
Last Friday, crypto’s leading liquid staking protocol, Lido, went live with its newest version on Ethereum. Dubbed Lido v3, the upgrade is designed to give institutions such as asset managers greater control over their ETH staking setups.
Interview: Derive Co-Founder Nick Forster on "Building the Onchain CME"
In this interview, Nick Forster, co-founder and CEO of crypto’s leading onchain options exchange Derive, talks about why onchain options have lacked adoption so far, why they are gaining traction now, and why he expects 2026 to mark the entry of institutions into onchain options.
Gold and Silver Rallies Spark Breakout in RWA Perpetual Futures
This week, trading activity in so-called real-world asset (RWA) perpetual futures surged to record levels, led by silver and gold contracts. On Hyperliquid, crypto’s leading decentralized trading platform, daily RWA perp volumes hit $2.5 billion for the first time.
Interview: Behind Bitwise's Move Into Onchain Vaults — with Bitwise and Morpho
In this interview, Bitwise’s Head of Multi-Strategy Solutions & DeFi Strategies Jonathan Man and Morpho CEO Paul Frambot discuss why Bitwise is launching its first non-custodial onchain vault, how vaults are emerging as a core primitive for institutional asset management, and what is still required for vaults to reach true institutional scale.
Market Structure Bill Markup Postponed After Coinbase Pulls Backing
What was shaping up to be a pivotal week for U.S. crypto regulation took an unexpected turn on Wednesday. After months of bipartisan negotiations, the market structure bill’s path forward hit a setback when crypto giant Coinbase pulled its support for the Senate Banking Committee’s long-awaited draft, citing core issues around DeFi, privacy, and stablecoin yield.
Kraken Brings xStocks Inhouse with Acquisition of Backed
On Tuesday, Kraken announced the acquisition of Backed Finance AG, the Swiss tokenization specialist behind the xStocks standard for tokenized equities. While financial terms were not disclosed, the deal marks Kraken’s fifth acquisition in 2025 and follows its recent $800 million capital raise valuing the exchange at $20 billion.
Robinhood Acquires U.S. Derivatives Exchange, Doubles Down on Prediction Markets
On Tuesday, Robinhood announced the acquisition of the U.S. derivatives exchange MIAXdx. The move deepens the neobroker’s push into prediction markets by providing it with the necessary CFTC licenses to originate and clear event contracts on its own platform, eliminating dependence on third-party infrastructure.
Circle Launches xReserve for USDC-Backed Stablecoins
On Tuesday, stablecoin giant Circle introduced xReserve, a new service that lets blockchain teams launch their own stablecoins backed by USDC. The offering is designed to help new networks bootstrap stablecoin supply without waiting for native USDC issuance, which has historically been both costly and slow to integrate.
