LayerZero announced a partnership with Keeta, and will support cross-public-chain transfers of tokenized commercial bank deposits.
1 hours ago
LayerZero announced a partnership with Keeta to support the transfer of tokenized commercial bank deposits across public blockchains including Keeta Network, Ethereum, Solana, and Base, providing institutional cross-chain settlement infrastructure. The two parties will combine LayerZero’s omnichain interoperability protocol with Keeta’s compliance infrastructure to enable institutions to conduct fund management and payment operations. The newly launched Keeta Stablecoins are backed by commercial bank deposits held by U.S.-licensed fintech platform Bivo. Unlike traditional stablecoins, they are pegged to actual commercial bank deposits and allow issuing institutions to retain control over contracts via LayerZero’s Omnichain Fungible Token (OFT) standard. Keeta Stablecoins will launch later this month, initially supporting the U.S. dollar, with plans to expand to additional fiat currencies including the euro, Japanese yen, Chinese yuan, British pound, Canadian dollar, Mexican peso, UAE dirham, and Hong Kong dollar.
SpaceX’s shares dipped to $110.85, hitting their lowest level since the company’s IPO, as investors focus on the next Starship launch.
8 minutes ago
A whale took a large long position worth $13.58 million in SPCX, with an average entry price of $126.04.
8 minutes ago
SEC pushes U.S. stocks toward an all-hours trading era, and will host a 24-hour trading roundtable.
8 minutes ago
In intraday trading of US stocks, the Nasdaq 100 extended its losses to 2%, while the S&P 500 fell 1.3%.
8 minutes ago
UBS cuts Alphabet's price target to $379
8 minutes ago
Google’s future spending commitments have soared to $811 billion, a nearly $500 billion increase from three months ago.
8 minutes ago
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