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DBS Bank launches blockchain-powered treasury tokens pilot

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The pilot introduces DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, enhancing corporate liquidity management across multiple markets.

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Coin Market

Global banks commit $270M to stablecoin venture targeting 2027 launch

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Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.

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Can crypto trust firms compete with banks in US derivatives settlements?

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Crypto custodians are moving into a market handling billions in daily settlements, but regulatory relief and a shift in congressional control leave questions over their long-term role.

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Kimber Digital Securities gains broker-dealer status for tokenized assets

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The Plume affiliate plans to offer tokenized US stocks, ETFs and bonds through self-custodial wallets, with traditional shareholder rights preserved.

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