TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.
What if one of the largest banking groups bet on an outsider rather than the king of the market? In a report that shakes up certainties, Standard Chartered identifies Avalanche (AVAX) as the token to watch by 2029, with an expected performance surpassing that of bitcoin.
The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.
Global banking giant Standard Chartered published new five-year price projections for three leading cryptocurrencies: Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH). According to these forecasts, Avalanche is poised to gain significant ground on both Bitcoin and Ethereum by 2029.
Watr, a blockchain infrastructure platform eyeing the $20 trillion global commodities industry, is set to tap into the blockchain features of the Avalanche network for traction.
Watr, a blockchain platform designed to bring commodities on-chain, has announced it would be partnering up with Avalanche (AVAX) and migrating to an Avalanche Layer 1 (L1) blockchain, as per the most recent info shared with Finbold on Thursday, April 3.
WisdomTree's giving institutions access to their tokenized funds across Arbitrum, Base, Avalanche, Ethereum and Optimism with its WisdomTree Connect, the team exclusively told Blockworks.
Standard Chartered has released a report predicting significant price increases for Avalanche's AVAX token, which could see a rise to $250 by the end of 2029.
British multinational bank Standard Chartered says one particular altcoin could substantially outperform Bitcoin in the coming years. According to the bank's analysts, layer-1 blockchain Avalanche's utility token AVAX could jump more than 10X by the end of 2029.
The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.
Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market.
The Aptos Foundation has invested in Universal Health Token to accelerate the use of blockchain and Artificial Intelligence in decentralized healthcare solutions. According to a press release shared with crypto.
Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a stablecoin, leveraging blockchain technology for cross-border payments.
Standard Chartered thinks the price of Avalanche's AVAX token could dramatically increase over the next few years, outpacing Bitcoin's gains.
Standard Chartered's Geoffrey Kendrick said he likes Avalanche's approach to scaling, particularly after the recent Etna upgrade.
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks.
Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.
When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead?
Improved scalability should drive activity and value to the Avalanche network, said Geoff Kendrick.
TL;DR Sumitomo Mitsui Financial Group is collaborating with Ava Labs and FireBlocks to develop a stablecoin with blockchain infrastructure. The supply of stablecoins on Avalanche increased by 70% in one year, but the lack of DeFi usage prevented it from boosting AVAX demand.
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.
VanEck has filed for approval for a new spot exchange-traded fund (ETF) tracking the price of BNB, the native crypto of the Binance-linked BNB Chain.
Polygon's Ecosystem Token (POL) is stabilizing above the $0.19 low after breaking above the previous low of $0.29.
Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.
According to a report by Nikkei, SMFG, which operates Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a new stablecoin. The stablecoin project aims to make cross-border payments faster and cheaper.
Over the course of the last year, the Avalanche (AVAX) network has experienced a growing wave of liquidity in the form of stablecoins, recording an increase of over 70%, rising from 1.5 billion to over 2.5 billion dollars in circulation as of March 31, 2025. This growth, highlighted in an official post on X by the Avalanche foundation, would seem, at first glance, a clear sign of increased investor confidence and imminent bull pressure on the market.
Avalanche price has dropped to a crucial support level and created an early bullish signal, pointing to a potential rebound.
Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network's utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, to over $2.5 billion as of March 31, 2025, according to Avalanche's X pos Market capitalization of stablecoins on Avalanche. Source: Avalanche Stablecoins are the main bridge between the fiat and crypto world and increasing stablecoin supply is often seen as a signal for incoming buying pressure and growing investor appetite.
Japan's Sumitomo Mitsui Banking Corporation (SMBC), the nation's second-largest bank, is set to explore the launch of its own stablecoin.
The Aptos Foundation has made a strategic investment in Universal Health Token (UHT), the innovative team behind the Proof-of-Health protocol. The goal is to support and advance blockchain and AI in global healthcare solutions. The Aptos Foundation has made a strategic investment in Universal Health Token (UHT), to support and advance blockchain and AI in global healthcare solutions.
SMFG is preparing to launch a stablecoin in partnership with blockchain firm Ava Labs and crypto infrastructure provider Fireblocks. The post SMBC Parent Sumitomo Mitsui Plans Stablecoin Launch with Ava Labs and Fireblocks appeared first on Cryptonews.
The bank plans to start conducting experiments in the second half of this year for a potential stablecoin launch in 2026.
Robert Kiyosaki, a renowned entrepreneur known for his classing book “Rich Dad Poor Dad”, has addressed the crypto community, talking about Bitcoin and two other major assets. He believes one of them is to skyrocket 2x this year.
TL;DR KOR Protocol will launch a blockchain on Avalanche to modernize the registration, management, and monetization of intellectual property. The infrastructure will allow creators to register their works on the blockchain, set permissions, and improve usage traceability.
Sumitomo Mitsui Financial Group, the parent company of Japan's second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin.
The cryptocurrency market rebounded late on Monday as major cryptocurrencies registered substantial gains. As a result, the crypto market cap is up over 1% and currently sits at $2.69 trillion.
The traditional four-year crypto market cycle, once closely tied to Bitcoin halving events, is no longer as predictable as it once was.
The price of Avalanche (AVAX) has been fluctuating since the end of its downtrend on March 10.
The Nasdaq exchange filed a formal request with the U.S. Securities and Exchange Commission seeking permission to list and trade shares of Grayscale's spot Avalanche (AVAX) exchange-traded fund (ETF).
Digital asset management giant Grayscale hopes to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US. The Nasdaq Stock Market submitted a proposal this week to the U.S.
The halving, once the war drum of the bull market, has fallen silent. In the silence, Bitcoin seeks a new rhythm in a crypto market that dances differently.
AVAX may be in line for more gains in the short term.
Nasdaq's filing for Grayscale's Avalanche (AVAX) ETF highlights growing institutional interest in altcoin investment products, signaling a shift toward broader crypto adoption and accessibility in traditional financial markets. The post Nasdaq Files 19b-4 for Grayscale Avalanche (AVAX) ETF Listing appeared first on Cryptonews.
Slovak Prime Minister Robert Fico is getting flak from opposition leaders for failing to avert U.S. car tariffs hanging over his country, a major automotive producer in Europe. The political attack came after President Donald Trump's decision to slap a 25% levy on all foreign-made cars next month.
Crypto whales bought Optimism (OP), Dogecoin (DOGE), and Worldcoin (WLD) in recent days. OP saw a rise in large holders despite being down 73% over the past year, while DOGE whale wallets climbed to a two-week high as meme coin sentiment shows signs of recovery.
The four-year crypto market cycle that traders and investors have become accustomed to is no longer as pronounced due to the maturation of crypto as an asset class and the participation of institutional investors, according to Polygon co-founder Sandeep Nailwal.During a recent episode of Cointelegraph's Chain Reaction, Nailwal said that Overall speculative activity is down due to high interest rates in the United States and low-liquidity conditions, but will rebound once rates are cut and the Trump administration settles into its new role. Although interest rates on 10-year Treasury bonds have come down significantly, rates still remain relatively high.
The crypto market was volatile this week as investors tried to make sense of the current economic environment and risk tolerance of the market. Tariffs were announced for the auto industry, which a few weeks ago may have crushed the market, but overall the news was met with a bit of a shrug.
Just last week at the Game Developers Conference, I caught up with two key members of the Arbitrum Gaming Catalyst Program (GCP): Daniel Peng, founding partner, and Rick Johanson, founding partner and VP.