The post Saudi Arabia moves to tokenize its multi-billion dollar economy with droppRWA securing $12.5 billion in tokenization mandates appeared on BitcoinEthereumNews.com.
DroppRWA has acquired $12.5 billion in mandates to bring real estate assets onto the blockchain, with plans to expand into the energy and manufacturing sectors. Chairman of the firm and architect behind Saudi Arabia’s national digital payments system, Faisal Monai, has led this acquisition, and the development is all part of an intense push by the Kingdom of Saudi Arabia to tokenize large portions of its economy under its “Vision 2030” timeline. Saudi’s tokenization leads exploits Faisal Monai is well known in Saudi Arabia, with a reputation that predates even Bitcoin. He designed SADAD, the Saudi Central Bank’s digital payments system, which was launched in 2004. The system replaced one that was dominated majorly by individual cash transfers, where roughly 70% of bill payments were made in person at physical branche
The post Hana Financial Acquires 6.55% Stake in Dunamu for $670M appeared on BitcoinEthereumNews.com.
Iris Coleman
May 15, 2026 09:01
Hana Financial buys 6.55% of Dunamu, operator of Upbit, for $670M. Strategic move boosts its presence in blockchain and digital assets.
South Korea’s Hana Financial Group announced it has acquired a 6.55% stake in Dunamu, the operator of the country’s largest cryptocurrency exchange, Upbit. The $670 million (1.003 trillion won) deal positions Hana as Dunamu’s fourth-largest shareholder and underscores its growing commitment to the digital asset space. According to a regulatory filing on May 15, 2026, Hana purchased approximately 2.284 million shares from Kakao Investment, which retains 1.4 million shares for “future investments.” The transaction is set to close by June 15, 2026. This move aligns with Hana’s broader strategy to “secure competitiveness in new finance through strategic equity investment,” as stated in the filing. This acqu
The post Consumer Crypto Hits $979B in Q1 2026 Amid Daily Use Surge appeared on BitcoinEthereumNews.com.
Lawrence Jengar
May 15, 2026 07:18
Crypto adoption shifts focus to payments, stablecoins, and identity as Q1 2026 retail activity hits $979B, down 11% YoY but with real-world growth.
As of Q1 2026, global retail cryptocurrency activity reached $979 billion, according to data from blockchain intelligence firm TRM Labs. While this figure marks an 11% year-over-year decline, the headline contraction masks a deeper structural shift: crypto is increasingly moving from speculative trading to real-world use cases like stablecoin payments, decentralized identity, and consumer applications. This trend reflects a significant evolution in how cryptocurrency intersects with daily life. In the U.S., for instance, a May 13 report from the National Cryptocurrency Association revealed that one in four adults now use crypto for activities ranging from transactions to financial mana
The post Tokenized Assets Could Reach $1.6T by 2030, Binance Research – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Binance Research framed tokenization as a bridge between traditional finance and blockchain systems. Tokenized penetration across fixed income, equities, real estate, private credit, and commodities remains around 0.01%. Regulatory progress could shape whether tokenized markets move beyond early institutional pilots. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May 15 that framed tokenization as a growing bridge between traditional finance and blockchain infrastructure. The report said real-world assets ( RWAs) could form a much larger market by 2030 as institutions test digital versions of familiar financial products. Its base case placed the opportunity near $1.6 trillion. Treasury products, gold-backed commodities, and tokenized public equities remain among the clearest areas of activity. U.S. Treasury-linked t
Binance Research said tokenized assets could reach $1.6 trillion by 2030 as institutions test blockchain-based financial products. U.S. Treasury products, gold-backed commodities, and tokenized public equities remain key areas of adoption. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May 15 that framed tokenization as a growing bridge between traditional finance […]
Saudi Arabia is pushing to tokenize its multi-trillion economy to protect national wealth from global shocks. Vision 2030 drives on-chain asset strategy Saudi Arabia’s Public Investment Fund, which manages roughly $1 trillion in assets, approved its 2026-2030 strategy in April,…
The post Datavault AI bets on tokenization boom despite widening losses appeared on BitcoinEthereumNews.com.
Datavault AI Inc. is aggressively positioning itself around the growing tokenization and AI infrastructure market, even as the company reported widening losses and limited revenue growth in its latest quarterly results. In a business update released on 15 May, the company said it signed more than $800 million in tokenization contracts expected to generate nearly $100 million in fees during 2026. Datavault AI also reiterated its full-year 2026 revenue target of at least $200 million, while highlighting plans for real-world asset [RWA] tokenization, AI infrastructure, and exchange launches expected later this year. However, the company’s financial results showed a sharp gap between its long-term tokenization ambitions and its current operating performance. Losses widen despite tokenization push Datavault AI reported first-quarter 2026 revenue of $3.4 million, up 443% year-over-yea
The post Justin Sun’s Liberland has given Vitalik Buterin a medal appeared on BitcoinEthereumNews.com.
Justin Sun’s made-up country Liberland has given Ethereum founder Vitalik Buterin a star-shaped medal, “its highest state distinction,” for his technical blockchain achievements. The “First Class Order of Merit of the Star of Liberland” was given to Buterin during ETHPrague 2026, where he attended a Network State event sponsored by the micronation. Liberland said the medal recognizes Buterin’s “extraordinary technical achievements,” and, “his role in advancing new ideas about how societies can organize themselves. Additionally, Buterin was praised for the attention he has given to “pop-up cities, decentralized societies, and network states.” Liberland shared an image of a sheepish-looking Vitalik Buterin holding his medal. Read more: Justin Sun is now prime minister of Liberland, an entirely made-up country The medal’s name appears to have been inspired by the Commonwealth’s Order
The post Chinese entrepreneur calls out Binance Wallet, crypto traders, scammers, over meme token listing appeared on BitcoinEthereumNews.com.
A Chinese entrepreneur is in a very public round of terse exchanges with Binance Wallet and the broader crypto space, demanding that the exchange delist a meme token using both his name and profile picture without permission. Binance Wallet has responded by blocking the token from search results, but the asset remains present on the blockchain, much to Luo Yonghao’s frustration. And the volley of snide comments via posts on his X profile has not stopped. Why is Luo Yonghao criticizing Binance? Luo Yonghao, one of China’s most recognizable internet entrepreneurs, took to social media to publicly confront Binance (BNB) co-founder Changpeng Zhao, better known as CZ, after discovering that an unauthorized meme coin bearing his name and profile picture had appeared on Binance Wallet. He posted a message on the social media platform X, directed to
