Consumer Crypto Hits $979B in Q1 2026 Amid Daily Use Surge

The post Hana Financial Acquires 6.55% Stake in Dunamu for $670M appeared on BitcoinEthereumNews.com. Iris Coleman May 15, 2026 09:01 Hana Financial buys 6.55% of Dunamu, operator of Upbit, for $670M. Strategic move boosts its presence in blockchain and digital assets. South Korea’s Hana Financial Group announced it has acquired a 6.55% stake in Dunamu, the operator of the country’s largest cryptocurrency exchange, Upbit. The $670 million (1.003 trillion won) deal positions Hana as Dunamu’s fourth-largest shareholder and underscores its growing commitment to the digital asset space. According to a regulatory filing on May 15, 2026, Hana purchased approximately 2.284 million shares from Kakao Investment, which retains 1.4 million shares for “future investments.” The transaction is set to close by June 15, 2026. This move aligns with Hana’s broader strategy to “secure competitiveness in new finance through strategic equity investment,” as stated in the filing. This acqu

The post Saudi Arabia moves to tokenize its multi-billion dollar economy with droppRWA securing $12.5 billion in tokenization mandates appeared on BitcoinEthereumNews.com. DroppRWA has acquired $12.5 billion in mandates to bring real estate assets onto the blockchain, with plans to expand into the energy and manufacturing sectors. Chairman of the firm and architect behind Saudi Arabia’s national digital payments system, Faisal Monai, has led this acquisition, and the development is all part of an intense push by the Kingdom of Saudi Arabia to tokenize large portions of its economy under its “Vision 2030” timeline. Saudi’s tokenization leads exploits Faisal Monai is well known in Saudi Arabia, with a reputation that predates even Bitcoin. He designed SADAD, the Saudi Central Bank’s digital payments system, which was launched in 2004. The system replaced one that was dominated majorly by individual cash transfers, where roughly 70% of bill payments were made in person at physical branche

The post What Is the XRP Domino Theory? Analyst Explains How XRP Could Benefit From a Crisis appeared on BitcoinEthereumNews.com. The post What Is the XRP Domino Theory? Analyst Explains How XRP Could Benefit From a Crisis appeared first on Coinpedia Fintech News Crypto analyst Jake Claver is again making bold predictions around XRP through what he calls the “Domino Theory.” In his latest video, Claver explained how a chain reaction involving oil prices, Japan, stablecoins, banks, and crypto markets could eventually trigger a major liquidity crisis, with XRP potentially becoming one of the biggest beneficiaries. Domino 1: Oil Shock and Global Tension According to Claver, the first domino starts with rising geopolitical tension involving Iran, Russia, China, and the Strait of Hormuz. He warned that any disruption to oil supply could push energy prices sharply higher and create fresh inflation pressure across global markets. Japan is one of the biggest concerns in this scenario because i

The post Tokenized Assets Could Reach $1.6T by 2030, Binance Research – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Binance Research framed tokenization as a bridge between traditional finance and blockchain systems. Tokenized penetration across fixed income, equities, real estate, private credit, and commodities remains around 0.01%. Regulatory progress could shape whether tokenized markets move beyond early institutional pilots. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May 15 that framed tokenization as a growing bridge between traditional finance and blockchain infrastructure. The report said real-world assets ( RWAs) could form a much larger market by 2030 as institutions test digital versions of familiar financial products. Its base case placed the opportunity near $1.6 trillion. Treasury products, gold-backed commodities, and tokenized public equities remain among the clearest areas of activity. U.S. Treasury-linked t

Binance Research said tokenized assets could reach $1.6 trillion by 2030 as institutions test blockchain-based financial products. U.S. Treasury products, gold-backed commodities, and tokenized public equities remain key areas of adoption. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May 15 that framed tokenization as a growing bridge between traditional finance […]

The post Gemini Revenue Surges 42% in Q1 2026, Credit Cards Shine appeared on BitcoinEthereumNews.com. Iris Coleman May 15, 2026 03:49 Gemini’s Q1 revenue jumped 42% to $50.3M, driven by credit card growth and new regulatory licenses, signaling a shift from trading to services. Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, reported a 42% year-over-year revenue jump in the first quarter of 2026, reaching $50.3 million. This growth was fueled largely by the explosive success of its Gemini Credit Card, which saw revenue soar nearly 300% to $14.7 million, according to the company’s May 14 earnings release. The shift underscores Gemini’s ongoing transformation from a pure-play crypto exchange to a diversified financial services platform. Transaction revenue, historically the company’s bread and butter, remained steady at $24 million for the quarter. However, crypto exchange revenue dropped 27% year-over-year to $17.2 million, reflecting a bro

Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock. Connex, a Web3 professional networking platform that uses its native token for payments, governance and credential verification, executed the unlock on a preset…

Russia's economic contraction highlights vulnerabilities like labor shortages and high inflation, potentially influencing global sanctions policy. The post Russia’s economy contracts for first time in three years in Q1 2026 appeared first on Crypto Briefing.