Calastone Integrates Polygon to Tokenize and Distribute Fund Shares

BlackRock executives told investors tokenization is the key to integrating crypto with mainstream finance, pointing to the firm's scale and its $2.8 billion tokenized cash market fund as proof of commitment. They see tokenized assets easing settlement and expanding access for institutional clients.

Kraken announced it will acquire Switzerland-based Backed Finance, the tokenization firm it has already partnered with on its xStocks tokenized equity product. The deal aims to deepen Kraken’s real-world asset capabilities and expand its tokenized equity offering.

In November 2025 a malformed transaction exploited a deserialization bug on Cardano, prompting emergency interventions across the network. The incident has reignited scrutiny over the project's governance and update processes.

Goldman Sachs will buy active ETF provider Innovator Capital Management in a cash-and-stock transaction valued at about $2 billion, the firm announced Monday. The move bolsters Goldman’s push into the fast-growing ETF sector and expands its product and distribution capabilities.

Cardano's Critical Integrations Budget proposal became the fastest DRep-approved governance vote, crossing the 50% approval threshold in under 48 hours. The quick approval highlights stronger on-chain participation and faster treasury decision-making for the ecosystem.