ClearToken won FCA approval for a regulated crypto settlement system, signaling the UK’s push to bring digital assets under its financial framework. ClearToken, a digital asset clearing and settlement company, has received approval from UK regulators to launch a system for settling crypto and stablecoin transactions — a move that underscores the country’s push to expand oversight of digital finance. The company announced Tuesday that it had received authorization from the Financial Conduct Authority (FCA) to operate its Delivery versus Payment (DvP) settlement platform, known as CT Settle, which will support spot trades in crypto assets, stablecoins and fiat currencies. Once CT Settle becomes operational, regulated financial institutions will be able to use a digital asset settlement system that functions under the same regulatory and operational standards as traditional financial infrastructure. Read more
Solana’s fundamentals remain strong, but its recovery toward $250 will depend on easing geopolitical risks and renewed confidence in tech markets. Key takeaways: Solana’s strong onchain metrics and DApps revenue dominance hint at long-term strength despite recent selling pressure from major holders. Solana ETF inflows and diversified onchain activity support SOL, yet macro risks in AI and trade remain key obstacles to a $250 recovery. Read more
The Nasdaq-listed company will acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a crypto payments company backed by Tether and Solana’s co-founder. Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in 2017. According to a Tuesday announcement, Tether will become the largest shareholder in VCI Global through its stake in OOBIT. Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital are also investors. VCI Global acquired $50 million in OOB tokens from the OOB Foundation at a $200 million market capitalization, or $0.20 per token, by issuing company shares as payment. The company plans to purchase an additional $50 million worth of OOB tokens on the open market after its official launch. Read more
Ethereum’s $200 billion tokenized economy, falling exchange supply and traditional finance footprint are fundamental factors that suggest ETH is undervalued. Key takeaways: Ethereum currently hosts $201 billion in tokenized assets, which is nearly two-thirds of the global total of $314 billion. Institutional growth led by BlackRock and Fidelity has driven a 2,000% surge in onchain fund AUM since 2024. Read more
Some agencies, such as the SEC, are expected to reopen the day after a funding bill becomes law, more than 40 days after reducing their operations and staff. The US government is moving closer to reopening after more than 40 days of being shut down, following several Democratic lawmakers in the Senate siding with Republicans to pass a funding bill. On Monday, the US Senate held a late-night vote for a bill “continuing appropriations and extensions for fiscal year 2026,” which passed 60 to 40 in the chamber. The bill is expected to fund the government through Jan. 31, 2026, provided it passes in the House of Representatives and is signed into law by President Donald Trump. As Tuesday is a US federal holiday, the House is not expected to reconvene to vote on the bill until Wednesday at the earliest. Prediction platform Polymarket has already adjusted its expectation that the US government will return to normal operations on Friday, likely following the passage of the House bill. Read more
PrizePicks has teamed up with Polymarket to let users wager on real-world outcomes, expanding beyond fantasy sports into the growing prediction-market space. PrizePicks, one of North America’s largest daily fantasy sports operators, has partnered with Polymarket to expand into the prediction-markets space — a move that could open new revenue streams beyond its core fantasy sports business. The partnership will integrate Polymarket’s event contracts directly into the PrizePicks app, allowing users to make predictions on outcomes spanning sports, entertainment and cultural events, the companies disclosed Tuesday. Polymarket founder and CEO Shayne Coplan said the collaboration could attract millions of PrizePicks users to the emerging prediction-markets ecosystem. Read more