Upscale AI launches Token Fabric platform, raising a total of $500 million in financing

Polkadot officially announced the launch of the stablecoin dotUSD, which is managed by DOT DAO through OpenGov on chain governance mechanism.

Securitize, a tokenization company, has introduced 12 US stocks including Apple, Nvidia, Tesla, and Microsoft into the Solana blockchain and launched the Securitize Stocks product. The product is provided with liquidity by Jump Trading and settled in USDC, with plans to expand to the New York Stock Exchange digital platform and OKXICE tokenized securities venue.

Soda Labs, a programmable privacy infrastructure, has completed a seed round financing of $3 million, led by NextBlock. This round of funding will support Soda Labs in focusing on commercial adoption and execution over the next 12 to 18 months, expanding its architecture from gcEVM to the chain independent coprocessor Soda Bubble, and advancing deployment in networks such as Ethereum, Polygon, Arbitrarum, Base, and Solana.

Tokenized shares in the mega-caps will first trade on Securitize's Solana-based platform, with further plans to expand them to NYSE and OKXICE digital venues, the firm said.

The IMF report indicates that over half of tokenized stock trading occurs outside of regular trading hours, reflecting the market's demand for 24/7 trading.