Standard Chartered has introduced tokenized deposits in Hong Kong aimed at corporate customers. The bank is using the city's EnsembleTX platform to transfer deposits between participating banks. Transfers can be made around the clock. Settlement is carried out in central bank money.
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The New York Stock Exchange has selected Broadridge, a major Wall Street provider of shareholder voting and corporate services, as a partner. Broadridge will help bring investor rights onto blockchain infrastructure. The work is tied to the exchange's upcoming blockchain-based trading venue. The source article provides limited further detail on timelines or implementation specifics.
Brazilian cryptocurrency exchange Mercado Bitcoin has paused deposits and withdrawals after wallets on at least 10 blockchains were emptied. The losses are reported at roughly $40 million. The incident came only days after a major $6.3 billion hack at Binance. The pause affects customers' ability to move funds while the exchange investigates the breach.
Nearly 70% of the companies initially selected for tokenized stock trading have opted out of the OKX and ICE initiative. Among the firms declining participation are Nvidia, Costco and Nike. Nineteen other companies, including Apple, Tesla and Amazon, have not publicly disclosed any objection. The 30-day window for companies to respond is approaching its close. The outcome will determine which firms ultimately take part in the program.
Anthropic, the developer of the Claude AI models, reported quarterly revenue of $17 billion. Rising computing costs, however, pushed the company to a $567 million operating loss for the quarter. The result marks a third consecutive quarter of operating losses, according to the original report. The figures come as Anthropic approaches a potential initial public offering. The article does not detail further breakdowns of the company's expenses or revenue sources.
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