Securitize posts record Q1 revenue, $3.4 billion in tokenized assets under management
Securitize said it now services roughly 650 active funds and processed $1.9 billion in transaction volume during the quarter....
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Securitize remains in the red even as record quarter fuels public listing plans
The tokenization platform reported record quarterly revenue but continued to post losses as it invested in growth and public-company preparations tied to its merger with Cantor Equity Partners II....
Minnesota Law Opens Crypto Custody to Banks, Credit Unions — One Credit Union Already Has a Head Start
Minnesota enacted legislation allowing state-chartered banks and credit unions to offer cryptocurrency custody services, effective August 1, 2026. The law establishes regulatory frameworks for digital asset safekeeping and requires institutions to implement cybersecurity protocols and file advance notices. St. Cloud Financial Credit Union already launched its custody vault in March, holding approximately 13.5 Bitcoin for members, positioning community institutions competitively alongside traditional finance.
EU opens consultation on MiCA stablecoin rules and DeFi gaps
The EU's European Commission opened a public consultation on updating its Markets in Crypto-Assets Regulation (MiCA), seeking feedback until August 31. The review focuses on stablecoin interest restrictions, DeFi regulation gaps, and asset classification challenges since MiCA's 2024 implementation. The consultation precedes July 2026's authorization deadline for crypto service providers and signals potential "MiCA 2" framework updates.