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.
The Polkadot (DOT -3.65%) cryptocurrency isn't getting any market love these days. The official crypto coin of the Web3 Foundation is down 81% in the past three years and 58% over the past 52 weeks.
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.
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.
Compound Labs, the team behind the DeFi protocol Compound Finance, is considering launching a dedicated foundation to streamline operations and support the protocol's long-term development. Compound is one of the most popular DeFi lending protocols on Ethereum.
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?
The Uniswap DAO has decided to move forward with its treasury delegation program, which could allocate up to 18 million UNI tokens — valued at around $113.4 million — to chosen delegates.
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.
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.
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.
Cryptocurrency prices have slumped this year leading to a $1 trillion wipeout of their market value. Bitcoin has crashed from the year-to-date high of $109,300 to $85,000, while the market cap of all coins has slumped from over $3.8 trillion to $2.7 trillion today.
Uniswap DAO has voted to continue its “treasury delegation program” in a preliminary decision that will now move onchain.
Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan's Softbank, Microsoft, and other investors. With this latest round, OpenAI's valuation now stands at $300 billion.
UNI, Uniswap's native token, appears bullish and is poised for massive upside momentum after a prolonged price decline and bearish market trend. This shift in sentiment occurred as the overall crypto market began experiencing a price reversal and forming bullish price action.
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.
Decentralized crypto exchange Uniswap has slumped in the US App Store's finance category rankings. The block data shows Uniswap plunged from 99 to 364 in ranking within two months. The substantial shift came after the protocol soared to new heights following Donald Trump's presidential victory.
Uniswap's App Store ranking has plummeted from 99 to 364 in just two months, marking a drastic decline.
Cryptocurrencies will likely be volatile this week once President Donald Trump's reciprocal tariffs go into effect and the U.S. publishes nonfarm payroll data. The week started on a dull note, with most coins remaining in a bear market.
The price of Avalanche (AVAX) has been fluctuating since the end of its downtrend on March 10.
Uniswap's U.S. app store ranking surged after the pro-crypto election victory but has since collapsed from #99 to #364, reaching record lows.
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.
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.