Krisztian Sandor
Krisztian Sandor is a U.S. markets reporter focusing on stablecoins, tokenization, real-world assets. He graduated from New York University's business and economic reporting program before joining CoinDesk. He holds BTC, SOL and ETH.
120 articles
Bitmine Expands Ethereum Holdings by $74 Million Amid Regulatory Optimism
Bitmine Immersion has acquired an additional 42,197 ether, valued at approximately $74 million, as reported by CoinDesk. Chairman Tom Lee suggests this increased investment is driven by rising optimism toward the Clarity Act, which may improve regulatory clarity in the cryptocurrency space.
1 hour ago·CoinDesk·Reported by Krisztian Sandor
NYLIM Executive Discusses Tokenization's Potential for Personalized Portfolios
According to Thomas Sy, an executive at New York Life Investment Management, the greatest potential of tokenization lies in enabling personalized investment portfolios. In an interview with CoinDesk, he highlighted the benefits of blockchain for complex portfolio construction, moving beyond the advantages often associated with tokenized assets.
2 days ago·CoinDesk·Reported by Krisztian Sandor
Securitize Tokenizes $295 Million of Stock on Solana and Avalanche
Securitize has launched tokenized versions of its shares on the Solana and Avalanche blockchains, marking a significant step in SECZ's debut on the New York Stock Exchange, according to CoinDesk. This initiative allows eligible U.S. investors to access the company's common shares in a blockchain format, highlighting the evolving landscape of tokenized equities.
4 days ago·CoinDesk·Reported by Krisztian Sandor
eToro Invests $12.5M in Onchain Derivatives Platform Extended
eToro leads a $12.5 million funding round for Extended, an onchain derivatives platform, as part of its strategy to enhance decentralized finance (DeFi) offerings. This move aligns with a broader trend among brokerages like Robinhood, which are venturing into blockchain trading, according to CoinDesk.
4 days ago·CoinDesk·Reported by Krisztian Sandor
Ondo Finance Launches SEC-Compliant Tokenized Stock Model
Ondo Finance introduces its first implementation of the SEC's third-party custodial tokenization model, featuring BlackRock's IVV ETF and Micron shares. This marks a significant move towards aligning tokenized securities with U.S. market regulations, as reported by CoinDesk.
4 days ago·CoinDesk·Reported by Krisztian Sandor
Jefferies Warns Against Buying the Dip in Circle Over Open USD Concerns
Jefferies warns that rising competition from the Open USD consortium could impact USDC's growth, according to CoinDesk. Circle's existing market position may be challenged by bank and fintech-backed stablecoins, adding competitive pressure to the market share of USDC.
5 days ago·CoinDesk·Reported by Krisztian Sandor
Phantom Expands Focus on Perpetual Futures with New Hires
Phantom has hired the team behind Ventuals, known for its work on perpetual futures within the Hyperliquid ecosystem, as reported by CoinDesk. This move aims to strengthen Phantom's presence in the trading space as wallets evolve into comprehensive trading platforms.
6 days ago·CoinDesk·Reported by Krisztian Sandor
OpenUSD's Launch Challenges Circle's USDC Amidst Adoption Questions
Circle's stock fell significantly following the introduction of the Open Standard consortium and its OpenUSD stablecoin, which seeks to challenge Circle's USDC by sharing reserve income with partners, as detailed by CoinDesk. Analysts caution that while the consortium has prominent backers, its ability to gain market share is uncertain, comparing it to past failed stablecoin initiatives.
6 days ago·CoinDesk·Reported by Krisztian Sandor
Circle Shares Decline 8% After Open USD Launch by Major Partners
Circle's shares decreased by 8% following the announcement of Open USD, a new stablecoin supported by major industry players including Stripe, Coinbase, Mastercard, Visa, and BlackRock. The initiative aims to allow partners to retain reserve income and eliminate minting fees, impacting Circle's USDC, as reported by CoinDesk.
6 days ago·CoinDesk·Reported by Krisztian Sandor
New York Life Launches Tokenized High-Yield Bond Fund with Centrifuge
New York Life Investment Management has launched its first tokenized fund in partnership with Centrifuge, offering a U.S. high-yield corporate bond strategy through blockchain technology, as reported by CoinDesk. The fund, which allows subscriptions and redemptions in USDC stablecoin, marks a significant expansion of tokenization into the fixed-income market.
6 days ago·CoinDesk·Reported by Krisztian Sandor
Securitize Set for NYSE Trading Following SPAC Merger Approval
Securitize has secured shareholder approval for its merger with Cantor Equity Partners II, enabling its public listing on the New York Stock Exchange starting Thursday, according to CoinDesk. This marks a significant step as Securitize emerges as one of the first publicly traded firms focused on tokenization, an increasingly relevant sector on Wall Street.
7 days ago·CoinDesk·Reported by Krisztian Sandor
BNY Mellon Expands Stablecoin Custody Services for Institutions with Circle's USDC
BNY Mellon, the largest custody bank globally, is launching custody and minting services for Circle’s USDC, deepening its integration into stablecoin infrastructure. This development reflects increasing demand for regulated stablecoin services among traditional financial institutions, according to a report by CoinDesk.
7 days ago·CoinDesk·Reported by Krisztian Sandor
BlackRock Integrates Ethena into Aladdin Platform, ENA Token Surges
On June 29, 2026, BlackRock announced the integration of Ethena's yield-generating token USDe into its Aladdin investment management platform, resulting in an 8% increase in Ethena's governance token, ENA. The deal aims to enhance BlackRock's offerings by providing institutional clients access to new decentralized finance products, according to CoinDesk.
last week·CoinDesk·Reported by Krisztian Sandor
Tom Lee Attributes Crypto Market Weakness to Quarter-End Adjustments
Tom Lee, chairman of Bitmine, links recent weakness in cryptocurrency prices to quarter-end 'window dressing' as the firm adds $43 million worth of ether. The comments come amid a broader downturn that sees both Bitcoin and Ether facing consecutive quarterly losses, according to CoinDesk.
last week·CoinDesk·Reported by Krisztian Sandor
Framework Ventures Shifts Focus to Financing AI and Robotics with $400M Fund
Framework Ventures announces a new $400 million fund aimed at using blockchain technology to finance artificial intelligence, robotics, and energy infrastructure. Co-founder Michael Anderson highlighted the evolution of crypto from speculation to addressing real-world financing needs in an interview with CoinDesk.
last week·CoinDesk·Reported by Krisztian Sandor
Aave and Solana Tokens Drive Crypto Market Improvement as Bitcoin Stabilizes
On June 26, 2026, Aave's token increased by 19% following reports of a potential investment from Kraken, while Solana's activity surged due to rising trading volumes in tokenized stocks. This information comes from a report by CoinDesk.
last week·CoinDesk·Reported by Krisztian Sandor
Securitize Plans to Raise $400 Million Ahead of NYSE Listing
Securitize aims to raise approximately $400 million through a merger with Cantor Fitzgerald-backed SPAC, set to close on July 1, pending shareholder approval. The tokenization firm is poised to list on the New York Stock Exchange under the ticker SECZ, as the market for tokenized real-world assets expands significantly, according to CoinDesk.
last week·CoinDesk·Reported by Krisztian Sandor
Invesco Files for Tokenized Fund to Tap Stablecoin Reserve Market
Invesco has submitted a filing with the SEC to launch the Invesco Stablecoin Reserves Onchain Fund, aimed at the reserve market for stablecoins. The fund will primarily invest in cash and short-term U.S. Treasuries, as reported by CoinDesk.
2 weeks ago·CoinDesk·Reported by Krisztian Sandor
