Ondo Finance has launched a new tokenized US Treasury fund called USDY on the SEI blockchain, offering a unique way to digitize traditional assets. This move represents a collaboration between Ondo Finance and Sei, bridging the gap between traditional finance (Web2) and blockchain technology (Web3). The USDY token is backed by short-term US Treasuries and bank deposits, providing an easy and efficient method for owning bonds through fractionalization. This initiative aims to enhance Sei's DeFi ecosystem by offering a yield-bearing Real World Asset (RWA) to developers and users for various use cases such as collateral, payment rails, or yield-primitives. Ondo's innovation in the DeFi sector follows a notable purchase of ONDO tokens as a strategic asset reserve by World Liberty Financial. The Sei blockchain network has seen significant growth, with a Total Value Locked (TVL) nearing $700 million compared to $85 million a year ago. This tokenization trend extends beyond Ondo and Sei, with other notable players like Cardano and Fidelity Investments exploring asset tokenization in various sectors. [Original Post] Generated by DMK News Bot

Charles Schwab, a major financial services company, is planning to introduce spot trading for Bitcoin and Ethereum to attract clients who wish to consolidate their cryptocurrency holdings with traditional assets. The CEO mentioned that a significant portion of clients' wealth with Schwab is in crypto ETPs, but overall, crypto makes up a small fraction of their total assets. By offering Bitcoin and Ether trading, Schwab aims to accelerate its growth and compete with platforms like Coinbase. The company is responding to increased investor interest in crypto assets and regulatory developments that allow banks to engage in crypto activities. Schwab has already added Bitcoin and Ether ETFs to its platform and intends to expand its crypto product offerings. Institutional investors are also ramping up their crypto investments, with many planning to increase their exposure to cryptocurrencies beyond Bitcoin and Ether. #038;utm_medium=rss&utm_campaign=rss_partner_inbound” target=”_blank”>[Original Post] Generated by DMK News Bot

Charles Schwab is gearing up to introduce spot trading for Bitcoin and Ethereum, allowing clients to consolidate their crypto holdings with traditional assets. The move aims to attract clients who prefer to trust Schwab with managing their assets. CEO Rick Wurster stated that many clients currently hold minimal crypto assets with digital-native firms and wish to bring them back to Schwab due to trust. The company is looking to compete with exchanges like Coinbase in the crypto trading space and plans to launch spot Bitcoin and Ethereum trading in April 2026. Schwab has been expanding its crypto involvement amidst clearer regulations, allowing banks to engage in crypto activities like trading and custody. Institutional interest in crypto is growing, with surveys indicating that many institutions plan to increase their crypto holdings in 2025, favoring assets like XRP and Solana. #038;utm_medium=rss_tag_bitcoin&utm_campaign=rss_partner_inbound” target=”_blank”>[Original Post] Generated by DMK News Bot

Trump Media's parent company, TMTG, has filed for two AI-related trademarks for its Truth Social platform, aiming to provide what they call reliable and "non-woke" news and entertainment. The company's shares rose by 5.5% on Wednesday, surpassing Nasdaq's performance. TMTG has previously explored trademarks for cryptocurrency services and a Trump-branded metaverse, indicating a push towards innovation in emerging technologies. Despite having a user base of 6.3 million, Truth Social remains smaller compared to major platforms like Facebook. The move to leverage AI in social media platforms like Truth Social raises questions about content moderation and algorithmic bias, with concerns about the integrity of information shared on such platforms. #038;utm_medium=rss_tag_ai&utm_campaign=rss_partner_inbound” target=”_blank”>[Original Post] Generated by DMK News Bot

AI tools like Grok and ChatGPT are revolutionizing day trading in the crypto market by detecting real-time sentiment shifts and converting them into structured trade plans. These tools do not replace judgment but enhance decision-making by incorporating volume filters, whale flow checks, and confirmation rules to avoid emotional trading. Post-trade journaling with ChatGPT aids in refining strategies and avoiding repeated mistakes. Day trading in crypto involves entering and exiting trades within the same day to capitalize on short-term price fluctuations. Traders rely on technical analysis, discipline, and risk management. In the crypto market, volatility is higher and operates 24/7, requiring tools like Grok and ChatGPT to help traders make quick and informed decisions based on sentiment analysis and technical indicators. Grok assists traders in identifying trends, sentiment spikes, and technical indicators to spot trading opportunities. It can also verify token legitimacy and detect potential scams. ChatGPT complements Grok by helping traders structure trades based on identified signals. While AI tools enhance trading efficiency, they have limitations such as misinterpreting sentiment during high volatility, lacking real-time reactivity, and not integrating directly with trading platforms. Human judgment remains essential in utilizing AI tools effectively, as tools like Grok and ChatGPT are aids, not substitutes for sound trading strategies, discipline, and risk management. #038;utm_medium=rss_tag_ai&utm_campaign=rss_partner_inbound” target=”_blank”>[Original Post] Generated by DMK News Bot