From what to how: Robinhood and Bitstamp say banks are ready to build on-chain

Wall Streets long-awaited migration into crypto is no longer theoretical, according to executives from Ondo Finance, Robinhood-owned Bitstamp and Babylon Labs. However, institutional adoption remains slower and more fragmented than many in the industry once expected.  The executives described a financial industry increasingly embracing blockchain rails, tokenized securities and crypto-native yield products on the “Is the Wall Street Herd STILL Coming?” panel at Consensus Miami 2026.  “I think its very clear that Wall Street is coming to crypto,” said Ondo President Ian De Bode, pointing to recent partnerships with Broadridge and the Depository Trust & Clearing Corporation (DTCC) aimed at tokenizing securities and enabling blockchain-based shareholder voting.  Robinhood‘s Nicola White said that the conversation with banks has shifted dramatically over the past two years. “We’re not having conversations anymore about what blockchain is,” she said. “Now its about, how do we help them build?”  The panelists emphasized that crypto infrastructure already improves on traditional finance in terms of settlement speed and market accessibility. De Bode noted Ondos tokenized treasury products allow investors to mint and redeem positions over weekends while earning a daily yield, capabilities still largely unavailable in traditional money markets.  “That in and of itself as a value prop is mind-blowing to many

05-07

XRP Ledger Powers First Cross-Bank Tokenized Treasury Pilot

Ondo, J.P. Morgan, Mastercard & Ripple Pull Off First Near Real-Time Tokenized Treasury Settlement Across Borders  A landmark pilot between Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple is pointing to a , where blockchain networks and traditional banking systems are increasingly converging toward real-time settlement and integration.  Ondo Finance has completed the first near real-time, cross-border redemption of a tokenized U.S. Treasury fund, marking a notable step in connecting blockchain-based assets with traditional financial systems.  More notably, the pilot was carried out in collaboration with Ripple, Mastercard, and J.P. Morgans Kinexys infrastructure, using the as the execution layer.  The process linked public blockchain activity with regulated banking rails in a coordinated settlement flow. Ripple initiated the redemption of tokenized assets on XRPL, triggering the on-chain transaction.  Mastercards Multi-Token Network then relayed the settlement instructions across institutional systems, effectively translating blockchain execution into traditional financial messaging and enabling seamless coordination between digital asset infrastructure and conventional banking networks.  From there, J.P. Morgan‘s Kinexys infrastructure handled the fiat leg, routing USD through its correspondent banking network to Ripple’s Singapore account. The settlement completed in near real time, bypassing the usual banking cut-off windows that often delay cross-border transfers.  Why is this a game-changer? Well, the result was

05-07

Core Scientific (CORZ) Stock Surges on $421M Polaris Deal to Boost AI Infrastructure

Core Scientific revealed its intention to purchase Polaris DS LLC in a transaction valued at $421 million, significantly expanding its Muskogee, Oklahoma footprint. This acquisition delivers 440 megawatts of power capacity under contract with Oklahoma Gas & Electric. The move is expected to accelerate the timeline for deploying advanced high-density computing infrastructure.  The transaction requires regulatory clearance and satisfaction of customary closing requirements, with completion anticipated during Q3 2026. Polaris currently maintains an active 40-acre campus located adjacent to Core Scientifics current Muskogee operations. The property features established electric service contracts and substation facilities that enable additional expansion opportunities.  According to Core Scientific, this strategic purchase directly supports the organizations objective of achieving approximately 1 gigawatt of leasable power infrastructure. The company has secured control of nearly 250 additional acres earmarked for future development initiatives. This comprehensive approach integrates targeted acquisitions, new construction projects, and flexible power delivery systems throughout its Oklahoma portfolio.  Advanced Infrastructure Enables AI and Computing Services  Core Scientific has strategically repositioned itself away from conventional Bitcoin mining operations toward artificial intelligence and high-performance computing services. As a result, the organization continues repurposing previous mining locations into enterprise-grade colocation facilities. The Muskogee expansion exemplifies this broader operational evolution.  Development work is currently

05-07

JPMorgan, Ripple, Ondo Complete First Cross-Border Tokenized Treasury Settlement Using XRP Ledger

Bitcoin Ethereum News  In a major XRP news, JPMorgan, Ripple, Mastercard, and Ondo Finance have completed a pilot transaction involving tokenized treasuries on the XRP Ledger (XRPL). This move comes as the tokenization wave grows, with the total RWA value on the XRPL rising.  XRP News: JPMorgan, Ripple, Ondo Complete Tokenized Treasury Transaction  In an X post, Ondo Finance announced that it had collaborated with JPMorgans tokenization arm, Kinexys, Ripple, and Mastercard to complete a landmark pilot transaction connecting the XRP Ledger to interbank settlement rails. The firm noted that this milestone marks the first time they have settled U.S. Treasuries across borders and banks in real-time and outside traditional banking windows.  As to how they carried it out, Ondo revealed that it processed Ripple‘s OUSG redemption on the XRP Ledger, and that Mastercard’s Multi-Token Network then routed instructions to JPMorgan‘s Kinexys. Following that, JPMorgan delivered USD to Ripple’s Singapore bank account.  Ondo Finance partnered with Ripple last year to introduce its Ondo Short-Term U.S. Government Bond (OUSG) on the XRP Ledger. Meanwhile, Ondo noted that tokenized assets are no longer separate from the global financial system. “For the first time, a public blockchain and global banking infrastructure settled a cross-border transaction of a tokenized

05-07

SpaceX Sells Full Colossus 1 Compute to Anthropic Weeks Before $1.75 Trillion IPO

SpaceX granted Anthropic full access to its Memphis-based Colossus 1 supercluster on Wednesday. The compute pact lands roughly five weeks before the rocket companys planned $1.75 trillion public market debut.  The arrangement gives Anthropic over 300 megawatts of capacity and more than 220,000 NVIDIA GPUs deployable within the month. Meanwhile, the supply hands SpaceX a marquee AI customer ahead of its June Nasdaq listing.  Compute Deal Lands Inside the SpaceX Roadshow Window  SpaceX confidentially filed its S-1 with the Securities and Exchange Commission (SEC) on April 1. Bankers expect the offering to be the largest in U.S. capital markets history. The roadshow runs the week of June 8.  Selling Colossus 1 capacity to a frontier AI lab gives underwriters fresh evidence for the AI infrastructure storyline.  SpaceX merged with xAI in February, and the Anthropic agreement shows the cluster can serve external paying customers beyond Grok.  “We‘ve agreed to a partnership with SpaceX that will substantially increase our compute capacity. This, along with our other recent compute deals, means that we’ve been able to increase our usage limits for Claude Code and the Claude API,” Claude shared in a post.  AI Customer Demand Strengthens IPO Pitch  For Anthropic, the deal doubles Claude Code rate limits for paid users

05-07

Alphabet and Meta stock predictions show strong support amid cloud growth

Bitcoin Ethereum News  ## Market Snapshot  Google Stock Price Predictions currently show a 100% YES pricing for Googles April target of $310. Meanwhile, Meta Platforms Stock Price Predictions also reflect a 100% YES for reaching $740 during the week of April 27. The Largest Company by December 2026 market shows a 0.9% YES probability for Microsoft.  ## Key Takeaways  – Market pricing suggests strong support for Alphabet‘s stock performance, consistent with the 35% YoY cloud growth. – Meta’s increased capex guidance due to geopolitical factors may indicate positive investor sentiment, supportive of a YES outcome. – Microsofts probability of becoming the largest company by December 2026 appears unaffected by the recent earnings report.  ## Article Body  Amazon, Alphabet, Microsoft, and Meta have reported a combined revenue of approximately $430.6 billion in the first quarter, demonstrating robust financial performance. The cloud services sector, including AWS, Google Cloud, and Microsoft Intelligent Cloud, contributed significantly with a combined revenue of $92.3 billion, marking a 35% year-over-year increase. This growth is indicative of the strong demand for cloud infrastructure services. Meta‘s capital expenditure guidance has been adjusted upwards partly due to internet disruptions in Iran, highlighting geopolitical factors influencing tech infrastructure planning. Furthermore, AWS and Microsoft’s high market share in

05-07

TON Social Buzz Explodes 6x in an Hour: Centralization Suddenly Looks Bullish?

Social activity around TON intensified quickly after Telegrams Pavel Durov revealed plans for deeper control of the network.  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  Toncoin (TON) has rallied significantly this week after Telegram founder Pavel Durov revealed that his company will replace the TON Foundation, assume the role of the largest validator, and reduce fees by roughly six times. The price moved from $1.30 on May 3 to around $2.50 in a span of three

05-07

Arthur Hayes rejects the CLARITY Act at Consensus

Arthur Hayes told Consensus Miami 2026 that the CLARITY Act misses the point of crypto, arguing that bitcoins value comes precisely from operating outside any regulatory system.BitMEX co-founder Arthur Hayes argued at Consensus Miami 2026 that crypto does not need legislation like the CLARITY Act to function or grow.Hayes said the bill primarily benefits centralized companies with lobbying resources, not the broader decentralised ecosystem.He argued that fiat money supply, not regulatory clarity, is the only variable that determines bitcoins price.  BitMEX co-founder and Maelstrom CIO Arthur Hayes took the stage at Consensus Miami 2026 on May 5 to argue that crypto regulation is not only unnecessary but directly contradicts the fundamental value proposition of bitcoin. His remarks came as Congress approaches a potential make-or-break vote on the CLARITY Act before the May 21 Memorial Day recess.  “This is the value that bitcoin provides outside of the regulatory apparatus,” Hayes told the audience. “Its precisely the reason that it does not adhere to the regulatory regime that some of you wish to put it under with bills like the Clarity Act and other things.”  Hayes laid out a simple thesis: the only variable that moves bitcoin‘s price is the total number of fiat currency

05-07

NVIDIA’s Agentic AI Vision: Extreme Co-Design and Vera Rubin

NVIDIA has unveiled its approach to addressing the growing complexity of agentic AI systems through ‘extreme co-design,’ a paradigm that aligns hardware and software innovation for scalable, cost-efficient generative AI. Central to this strategy is the Vera Rubin platform, a specialized infrastructure designed to handle the unique challenges of AI agents, which go beyond traditional chatbot models by operating with dynamic, self-directed workflows.  The rise of agentic systems marks the next evolution in generative AI. Unlike traditional chatbots, which follow a linear, predictable interaction model, AI agents manage their own context windows, call external tools, and spawn sub-agents to perform specialized tasks. This architectural shift introduces significant demands on token consumption, context length, and latency, creating economic and technical hurdles for scaling these systems.  NVIDIAs Vera Rubin Platform: A New Foundation  NVIDIAs Vera Rubin platform tackles these challenges with a multi-faceted approach. The hardware stack features components like the Vera Rubin NVL72 GPU, engineered to support long-context pipelines at a fraction of the cost of traditional setups. Complementing this is the Vera CPU, which optimizes tool execution and cache management for low-latency performance. Key networking innovations, such as NVLink 6 and Spectrum-X Ethernet, enable seamless coordination between agents, ensuring low latency and high

05-07

BTC climbs, ETH lags as investors pile into altcoins: Crypto Markets Today

The crypto market was volatile late on Tuesday after Strategy (MSTR) chairman Michael Saylor declared that his company could sell bitcoin in order to pay dividends from the STRC instrument, prompting short-lived panic in price action.  BTC however regained the $82,000 mark during the European morning Wednesday having risen by around 1.3% since midnight UTC, spurred mainly by a weakening U.S. dollar, which is down by 0.5% over the same period.  Dollar weakness comes after U.S. Secretary of State Marco Rubio said America had “achieved its military objectives” and was not interested in further escalation, leading to a drop in oil prices as well.  Risk assets like the crypto market were poised to react well to the news as it means the Fed could start a rate cutting cycle, as opposed to any hikes being floated at the start of the war to combat inflation.  Ether (ETH) trades at $2,380 having risen by around 0.8%, although it crucially remains below the April 17 high of $2,460 after underperforming against bitcoin.  Derivatives positioningPositioning in bitcoin futures remains elevated, with open interest hovering near a record high of 800K BTC. Still, perpetual funding rates remain flat to slightly positive, suggesting the market is anything but overheated or

05-07
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