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Vanguard lifted its ban on crypto ETFs, and Bank of America is giving 15,000+ advisers the green light to recommend allocations of 1%–4%.
Kraken has acquired Backed Finance, the tokenized-asset issuer behind its xStocks products, as the exchange pushes deeper into RWAs.
Crypto hiring centered on senior product, legal and BD roles across companies with promotions at a16z, Blockchain.com and the CFTC.
The Hyperliquid digital asset treasury told the SEC in October it wants to raise up to $1 billion to fund its HYPE accumulation strategy.
BofA is recommending that wealth clients allocate up to 4% of their portfolios to crypto and will begin CIO coverage of four bitcoin ETFs in early 2026.