This week’s flow was concentrated around tokenized assets and real-world financial infrastructure. From Treasury settlement on XRPL to Western Union stablecoins on Solana, multiple institutional products moved into production simultaneously, alongside some of the larger capital raises of this cycle.

🔎 Recent Updates & Developments

– Ondo, JPMorgan, Mastercard and Ripple completed first cross-border tokenized Treasury settlement on XRPL in under 5 seconds

– DTCC will launch tokenized securities platform, enabling onchain trading of equities, ETFs and Treasuries with full legal ownership

– Andreessen Horowitz raised $2.2B crypto fund, doubling down on stablecoins and blockchain financial infrastructure

– Western Union launched USDPT stablecoin on Solana, enabling global settlement across 200+ countries beyond banking hours

– Solana Foundation and Google Cloud launched Pay sh, enabling AI agents to pay for APIs using stablecoins onchain

– Coinbase partnered with Centrifuge to scale tokenization on Base, targeting ETFs, credit funds and structured products

– Securitize launched regulated tokenized equities on Solana, enabling onchain issuance and trading with institutional liquidity

– Kalshi finalized $1B raise at $22B valuation, highlighting rapid growth of prediction markets despite regulatory pressure

Meta is facing backlash after thousands of Facebook and Instagram users reported being suddenly banned over alleged child exploitation violations they say are completely false.

Many users claim Meta’s AI moderation systems are wrongly flagging accounts, while appeals are reportedly denied within minutes with little to no human review. Some affected users say the bans have damaged businesses, erased years of memories, and created fears of legal consequences.

Nearly 60,000 people have signed a petition demanding better support and accountability from Meta. Even some Meta Verified subscribers say they were unable to get meaningful help from customer support.

The attack targeted a custom RFQ swap proxy controlled by TrustedVolumes, a DeFi market maker and official resolver on 1inch Fusion, responsible for filling gasless swap orders and providing liquidity across the protocol.

The exploit drained 1,291.16 WETH, 206,282 USDT, 16.939 WBTC, and 1,268,771 USDC from the affected contract.

893,829 total agentic transactions in 2026. 46,755 active AI agents. 165,598 unique addresses. Base L2 has quietly become the most active chain for autonomous agent infrastructure — and five protocols are driving nearly all of it.

Solana Research Institute (SRI) is an independent, not-for-profit research forum dedicated to bridging financial institutions and public blockchain infrastructure, with a focused lens on Solana.

Backed by founding members, the SRI will publish research, host closed-door sessions, and run working groups on the legal, structural, and technical questions that will determine how TradFi actually moves on-chain.

This is the biggest M&A deal in crypto infrastructure history. Equiniti is a leading global transfer agent serving nearly 3,000 issuer clients, 15,000 corporate clients, 20 million shareholders, and processing $500B in annual payments.

The combination creates the first fully integrated blockchain-enabled, blue-chip issuer services provider — unifying a regulated transfer agent with end-to-end tokenization infrastructure.

The $4.2 billion transaction comprises $1.85 billion of assumed Equiniti debt and approximately $2.35 billion in Bullish stock consideration, priced at $38.48 per share based on Bullish's 30-day VWAP as of May 4, 2026.

Among the top performers are Bitway, a capital gateway connecting on-chain liquidity with global markets, RockawayX, a risk curator on Morpho and other DeFi lending protocols, and KPK, an asset manager for DAOs, institutions and capital allocators.

Haun expanding into AI agents and financial infrastructure, betting that the next generation of autonomous software will need financial plumbing before it needs better models.

💰 The fund structure:

→ $500M early-stage | $500M later-stage

→ Focus: crypto infra, RWAs, AI agent financial rails

→ Deployment timeline: 2–3 years, globally

Haun's previously scored wins with Bridge's $1.1 billion Stripe exit and BVNK's $1.8 billion acquisition by Mastercard.

By stepping back in as the largest validator and primary driving force, Telegram is consolidating institutional control over a network it once publicly stepped away from.

TON Foundation was established as an independent non-profit body to steward TON's development after Telegram distanced itself from the project in 2020 following the SEC settlement.

TON is now, structurally, Telegram's blockchain. The Foundation that was created to provide institutional distance has been sidelined.

DTCC, the main clearing and custody infrastructure behind U.S. capital markets, will begin live tokenized securities trading in July, with a broader rollout planned for October. The platform will support digital issuance of assets already held in custody, including major equities, ETFs, and U.S. Treasuries.

Unlike synthetic exposure, these tokenized securities keep the same ownership rights and legal protections as traditional assets. The launch follows SEC no-action relief granted in December, allowing DTCC to move forward with tokenization for a defined set of securities.

DTCC processes trillions of trades daily and holds custody of more than $114T in securities, making this one of the most significant institutional tokenization moves so far. The platform is being developed with input from over 50 firms, including BlackRock, Goldman Sachs, JPMorgan, Circle, and Anchorage

👉 x.com/The_DTCC/status/2051278748796776680?s=20