2 links tagged with all of: blockchain + stablecoin + digital-assets
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J.P. Morgan facilitated a short-term bond for Galaxy Digital Holdings using the Solana blockchain. This move signals increased institutional interest in digital assets, with Coinbase and Franklin Templeton purchasing the commercial paper. The transaction involved an on-chain USCP token and payments in USDC stablecoin.
Figure Technologies, a stablecoin issuer, successfully raised $787.5 million in its initial public offering, selling 31.5 million shares at $25 each. This move highlights the growing acceptance of digital assets in mainstream markets, driven by favorable regulatory conditions and increased corporate adoption.