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A Real Estate Fund Launches On Goldman Sachs Blockchain

Apex Group Ltd, a global financial services provider with over $3.5 trillion in assets serviced, announced its role in the launch of a blockchain-native real estate fund developed in collaboration with Archax, Goldman Sachs, LRC Group, and Ownera. The initiative marks a significant step forward in the institutional adoption of tokenized fund structures within the global real estate market.

Apex Group is providing Alternative Investment Fund Manager services through Fundrock LIS, along with fund administration and depositary services of assets other than financial instruments through Apex Fund Services Luxembourg, and bank account services through EDB for the structure, supporting the issuance, servicing, and ongoing lifecycle management of blockchain native fund units within a regulated framework.

The fund shares are tokenised using GS DAP®, Goldman Sachs’ blockchain platform. LRC Group acts as manager, while Archax serves as custodian for the regulated digital securities and the first distribution partner. Ownera’s interoperability infrastructure facilitates connectivity between participants and distribution channels.

“Tokenization at institutional scale depends on trusted, regulated infrastructure,” said Agnes Mazurek, Global Head of Digital Assets at Apex Group. “Apex Group’s role in this fund reflects growing demand from managers and investors for blockchain native solutions that operate squarely within existing regulatory frameworks. Real estate is a natural starting point, and this structure demonstrates how on chain issuance can be integrated into established fund models without compromising governance or investor protections.

https://www.marketsmedia.com/real-estate-fund-launches-on-goldman-sachs-blockchain-platform/

The ZCash Outage Blamed On Block Explorer

Apparent Zcash outage was a block explorer problem, infrastructure provider says

One expert said the issue was mainly with block explorers tracking the onchain activity.

The Blockchain Association Urges Senate To Pass The Clarity Act

The Blockchain Association sent a letter on Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer expressing strong support for the Clarity Act.

The letter, signed by 160 former national security and law enforcement officials, urged the Senate to pass the legislation.

"The Clarity Act expands law enforcement and financial crime prevention capabilities across the digital asset ecosystem," the letter said.

The Clarity Act passed the Senate Banking Committee last month and currently awaits a vote in the full Senate. Lawmakers continue to debate whether the bill should include ethics provisions that would restrict elected officials from participating in crypto ventures, a debate fueled in part by President Donald Trump's crypto business interests.

The Blockchain Association's Tuesday letter "makes the case that digital asset market structure is a law enforcement and national security priority," the organization wrote in a post on X.

The Blockchain Association is also set to organize a virtual town hall on Thursday to discuss the legislation.

Solana Adds Native Subscriptions And Reoccurring Payments To It's Blockchain

Solana has launched native subscription and allowance infrastructure directly on its blockchain, giving developers a built-in way to set up recurring payments, delegated spending, and billing without writing custom software or routing through a centralized payment processor.

The program, called Solana Subscriptions and Allowances, is live on mainnet, open source, and audited by security firms Cantina and Spearbit. Any team building on Solana can start using it now.

https://www.thestreet.com/crypto/innovation/solana-brings-subscription-billing-and-spending-limits-on-chain

US Federal Judge Invalidates Underlying Patent Involving Blockchain

A federal court in Delaware has dismissed a patent infringement lawsuit against JPMorgan Chase, ruling the underlying patent invalid and explicitly referencing Ripple’s framework as an example of existing blockchain infrastructure.

The Case

Australian fintech firm Identitii Limited had sued JPMorgan Chase in the United States District Court for the District of Delaware, alleging the bank infringed its patent, known as the 413 Patent, which covers a method of attaching enriched data records to financial tokens on a blockchain network.

The Ruling

Judge Gregory B. Williams issued a memorandum opinion on May 29, 2026, invalidating the patent under Section 101 of the Alice doctrine, the legal standard used to reject patents that claim abstract ideas implemented on generic computer systems.

The court found that Identitii’s invention relied entirely on conventional, off-the-shelf technology rather than any novel technical contribution. In a notable passage, the opinion cited Ripple directly, stating that the 413 Patent itself allows the invention to be practiced on “the Ripple framework, protocol and gateway, or more generally any blockchain based framework.”

The reference was not incidental. It was the court’s way of demonstrating that the patent described nothing proprietary. If an invention can run on any existing blockchain, including Ripple’s publicly known infrastructure, it does not meet the threshold for patent protection under Alice.

A federal court in Delaware has dismissed a patent infringement lawsuit against JPMorgan Chase, ruling the underlying patent invalid and exp

Blockchain Threatens Established Business Models In Traditional Finance

Franklin Templeton says Wall Street fears blockchain because it threatens its profits

Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.

Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditiona

Sui Blockchain Reports Six Hour Outage

The Sui blockchain status page is reporting another "major outage" less than a full 24-hours following its last event. The hyper-scalable blockchain hasn’t processed a block in nearly two hours, according to Suiscan.

"Sui mainnet is currently experiencing a network stall. Network activity may be paused at this time," the Sui team posted to X on Friday morning. "The Sui Core team is actively investigating. Updates and incident review will be shared as soon as they are available."

Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."

JP Morgan: Blockchain Will Replace Financial Infrastructure

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon says blockchain technology will eventually replace large parts of the financial system infrastructure, even as he continues distancing himself from speculative cryptocurrencies.

Speaking at the Reagan National Economic Forum on May 29, Dimon said JPMorgan is already one of the largest users of blockchain technology and expects major changes across payments and settlement systems.

He pointed to JPM's deposit coin initiative, which already allows money movement around the clock.

"I do think it'll replace financial market infrastructure," Dimon stated.

He also acknowledged that crypto firms correctly identified inefficiencies in the current financial system.

"Fedwire is five days a week and 10 hours a day," Dimon said. "Why not six days a week, 20 hours a day?"

Dimon said blockchain technology will eventually replace large parts of traditional financial market infrastructure, even as he continues di

Moneygram Launches It's Own Stablecoin

MoneyGram has launched its own stablecoin as it builds its blockchain payments infrastructure.

The native U.S. dollar coin, MGUSD, is designed less for crypto natives than for people who need to move money but don’t have access to traditional financial services, MoneyGram said in a news release Tuesday (June 2).

“The stablecoin market has largely focused on the asset itself. MoneyGram is taking a fundamentally different approach,” added Anthony Soohoo, the company’s CEO.

“Starting with our distribution platform, we’re using stablecoin as a foundation to build future applications on our global network. MGUSD is the stablecoin we built for our customers, for the families sending money home and for the billions of people around the world with limited financial access.”

In many markets, the company added, consumers deal with inflation, currency instability or lack access to reliable financial services. With MGUSD, those people get a “stable, dollar-denominated balance” they can hold and access 24/7, and move globally and convert into local currency as needed, MoneyGram said.

MoneyGram has launched its own stablecoin as it builds its blockchain payments infrastructure. The native U.S. dollar coin, MGUSD, is desig

Stablecoin Circulation Is Currently At $300B

The accelerating media coverage of stablecoins, bolstered by forecasts of $4 trillion in adoption by 2030 and high-profile unicorn valuations for independent issuers, has created a sense of urgency among corporate and bank leaders.1 This fear of missing out is understandable given the rapid evolution of digital assets. However, transaction data suggests that market adoption is not as advanced as the prevailing narrative might suggest.

Despite high market expectations, global stablecoin activity remains modest when viewed through the lens of global payments. As of early 2026, total stablecoin circulation sits at a little more than $300 billion,2 with about 99 percent denominated in US dollars and 85 percent issued by Circle or Tether. This total has remained relatively unchanged over the past six months, even as the values of noncash assets issued on blockchains, such as Treasury funds and private credit, have increased by more than 30 percent.3 This leveling off of stablecoin circulation challenges the assumption that stablecoins are the default settlement asset and that other tokenized values grow in lockstep with it.

https://www.mckinsey.com/industries/financial-services/our-insights/beyond-stablecoins-the-emerging-architecture-of-on-chain-money

DTCC's Assets To Be Tokenized On Stellars Blockchain

DTCC and the Stellar Development Foundation have announced plans to enable the tokenization of DTC-custodied assets on the Stellar network—a configurable, open-source blockchain used across securities, payment, and remittance applications.

The collaboration builds on the SEC No-Action Letter that DTC received in December 2025. The letter authorizes DTC to implement and operate a service that tokenizes real-world, DTC-custodied assets. Market participants will be able to leverage traditional assets in a digital ecosystem while retaining the same investor protections, entitlements, and safeguards consistent with those applicable to traditionally held securities.

https://stellar.org/case-studies/dtcc

The US Constitution Inscribed Onto The Blockchain

An unknown actor broadcast a Bitcoin transaction Thursday evening embedding the full text of the U.S. Constitution onto the blockchain — permanently and without the possibility of removal.

The transaction, confirmed at 8:25 p.m. UTC on May 28, cost 113,454 satoshis, or about $83.41 in fees, and was processed by mining pool SpiderPool just 14 minutes after it hit the network.

At 44.4 kilobytes, the transaction is far larger than a standard Bitcoin transfer — its bulk comes from the Constitution’s full text, beginning with “We the People of the United States,” written into an OP_RETURN output field and recorded on-chain.

An unknown actor etched the full text of the U.S. Constitution onto the Bitcoin blockchain in a $83 transaction, permanently embedding it wi

A Private Market Investment Firm Tokenizes Assets On The Blockchain

Hamilton Lane, a private markets investment firm, has announced the launch of a new tokenized share class providing access to the Hamilton Lane Global Private Assets Fund (GPA), developed in collaboration with Allfunds Blockchain, the digital innovation division of Allfunds, and Apex Group. BBVA Asset Management has committed to participate as the first investor and initial exclusive distributor for institutional portfolios of this new tokenized share class.

https://www.fundssociety.com/en/news/alternatives/bbva-am-takes-another-step-forward-in-asset-tokenization-alongside-hamilton-lane-allfunds-blockchain-and-apex-group/

Blockchain.com Files For IPO

Crypto brokerage Blockchain.com said on Thursday it has confidentially filed for an initial public offering in the United States, as digital assets markets show signs ‌of a rebound after a choppy period.

Since a record crash in October, the crypto markets have remained under pressure as a broad risk-off mood took hold among investors, slowing the pace of new listings.

https://www.reuters.com/legal/government/crypto-exchange-blockchaincom-confidentially-files-ipo-2026-05-21/

DTCC May Add Stellar As A Second Blockchain

The Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation announced plans to enable DTC tokenized assets on the Stellar network, with availability expected in the first half of 2027. Stellar becomes the second public blockchain to connect to the service after the Canton Network, and notably neither chain is Ethereum compatible despite DTCC’s own AppChain running natively on EVM infrastructure.

The announcement advances DTCC’s multi-chain strategy following the December 2025 SEC no action letter that allowed DTC to tokenize custodied assets. The service covers highly liquid securities including Russell 1000 constituents, major index ETFs, and U.S. Treasuries. Limited live transactions are planned for July 2026 with a full launch in October 2026, although Stellar will not be ready at launch.

https://www.ledgerinsights.com/dtc-tokenization-service-to-add-stellar-as-second-public-blockchain/

Deloitte Publishes Blockchain For Investment Managers

Deloitte’s report—Blockchain for Investment Managers: Are we there yet? discusses a set of ten indicators that are being observed by leading investment management firms to understand blockchain transformation and prepare for its disruption. The study also explores why blockchain disruption is taking so long to materialise and how other investment management firms have started experimenting with blockchain now to close the gap.

A recent study conducted by Deloitte, shows that more than 60 percent of organizations believe they will lose a competitive advantage if the

Japan To Build National AI Blockchain System

Japan's ruling Liberal Democratic Party (LDP) has officially approved a new policy concept proposal to build the future financial system using AI and blockchain technology.

The proposal, titled "Next-generation AI & Onchain Finance Concept," was drafted by a project team within the LDP led by party member Seiji Kihara. It was submitted to the party earlier this month and obtained formal approval from the party's Policy Research Council on Tuesday.

The proposal prioritizes the development of an automated financial infrastructure that supports 24/7 agentic commerce via blockchain networks.

The proposal said that in the age of agentic commerce, AI will autonomously handpick products and services instead of humans, which makes blockchain's tamper-resistant, verifiable, and programmable characteristics highly compatible.

Japan's LDP formally approved a policy proposal to build a next-generation financial system based on blockchain and AI.

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