Bitmine denies rumors of a large-scale reduction in ARK holdings: It actually increased its holdings by 61,416 shares.

The post DBS Tests Repo With Ripple RLUSD and Franklin sgBENJI appeared on BitcoinEthereumNews.com. Ripple, DBS, and Franklin Templeton launch tokenized repo pilot on DBS Exchange. Repo trades use Ripple’s RLUSD stablecoin and Franklin Templeton’s sgBENJI token. sgBENJI issued on XRP Ledger enables fast collateralized lending and settlements. DBS, Ripple, and Franklin Templeton have signed a memorandum of understanding to bring repo transactions into tokenized finance. The framework pairs Ripple’s RLUSD stablecoin with Franklin Templeton’s sgBENJI tokenized money market fund, listed on DBS Digital Exchange. The setup gives accredited clients a path to rebalance cash into a regulated, yield-bearing vehicle while transacting with stablecoins that settle within minutes. For institutions used to overnight repo desks, this is a first look at how traditional liquidity tools can migrate onto public blockchains. Related: Franklin Templeton Launches its DeFi Solution Benji on Ethereum Demand From Institutions Shapes the Design The three firms cited rising demand for digital asset allocations, with surveys showing nearly nine in ten institutional investors plan to increase exposure in 2025. The repo model was chosen because it mirrors an existing backbone of global funding markets: collateralized lending against short-term securities. By allowing RLUSD to trade directly against sgBENJI on DBS Digital Exchange, desks can manage intraday liquidity, park stablecoin reserves into a fund earning regulated yield, and unwind positions quickly when cash is needed. DBS to Expand Collateralized Lending The next phase extends sgBENJI beyond a trading instrument into repo collateral. DBS plans to let investors pledge sgBENJI against credit lines arranged through the bank or third-party lenders. That opens deeper liquidity pools with the assurance that collateral sits inside a regulated balance sheet. For trading desks, that means onchain repo could eventually function like its traditional counterpart, rolling positions overnight, secured by tokenized assets that settle in near real-time. XRP Ledger as the Settlement Rail Franklin Templeton will issue sgBENJI tokens on…

The post We’re not being as forward-looking as normal appeared on BitcoinEthereumNews.com. Bank of Canada (BoC) Governor Tiff Macklem addressed reporters’ questions, offering insights into the central bank’s monetary policy outlook. His remarks came after the BoC lowered its interest rate by 25 basis points to 2.50%, a move that markets had broadly anticipated. BoC press conference key highlights Wage growth continued to ease. The preferred core inflation measures have been around 3.0%. Underlying inflation is running around 2.5%. Consensus to cut rates was clear. Attention now shifts to how exports perform. There are still some mixed signals on inflation. The Inflation picture hasn’t changed much since January. We’re not being as forward-looking as normal. The Bank of Canada considered holding the overnight rate steady. I have more comfort looking at the upward pressure on CPI. We will be assessing the impact of government announcements on targeted support and support for big projects. Inflationary pressures look somewhat more contained. If risks tilt further we are prepared to take more action. Will take it one meeting at a time. This section below was published at 13:45 GMT to cover the Bank of Canada’s policy announcements and the initial market reaction. In line with market analysts’ expectations, the Bank of Canada (BoC) trimmed its policy rate by 25 basis points, taking it to 2.50% on Wednesday. Investors’ attention will now shift to the usual press conference by Governor Tiff Macklem at 14:30 GMT. BoC policy statement key highlights Rate cut was appropriate given the weaker economy and less upside risk to inflation. On a monthly basis, upward momentum in core inflation seen earlier this year has dissipated. Disruption linked to trade shifts will continue to add costs even as they weigh on economic uncertainties. BoC says it will continue to support economic growth while ensuring inflation remains well controlled. Ottawa’s decision to scrap tariffs…

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