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Pakistan’s Ministry of Finance Signs a Non Binding MoU with Binance

By
Paul Ugbede Godwin
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0

Pakistan’s Ministry of Finance signed a non-binding Memorandum of Understanding (MoU) with Binance on December 12, 2025, to explore the tokenization of up to $2 billion in sovereign assets.

This includes government bonds, treasury bills (T-bills), and commodity reservessuch as oil, gas, metals, and other state-owned raw materials. The goal is to use blockchain technology to digitize these assets, aiming to increase liquidity, enhance transparency, improve global market access, and attract international investors.

Pakistan’s Finance Minister Muhammad Aurangzeb and Binance CEO Richard Teng, with Binance founder Changpeng “CZ” Zhao present. The MoU is exploratory and non-binding. Any definitive agreements would need negotiation within six months, subject to Pakistani laws and regulatory approvals.

This aligns with Pakistan’s push toward a formal crypto regulatory framework. Separately, the Pakistan Virtual Assets Regulatory Authority (PVARA) granted initial clearance for Binance and HTX to register local subsidiaries and prepare for full exchange licenses. Pakistan is also planning a Virtual Assets Act in 2025 and ranks high in global retail crypto activity.

Asset tokenization is the process of converting real-world assets (RWAs)—such as sovereign bonds, treasury bills (T-bills), commodities, real estate, art, or financial instruments—into digital tokens on a blockchain.

These tokens represent ownership or fractional shares of the underlying asset, enabling them to be traded, transferred, or used in decentralized finance (DeFi) applications more efficiently than traditional methods.scnsoft.com

Benefits of Asset Tokenization

Tokenization bridges traditional finance with blockchain, unlocking significant advantages, especially for assets like sovereign bonds, T-bills, and commodity reserves.

High-value assets can be divided into smaller, affordable tokens, allowing retail investors and those in emerging markets to participate in opportunities previously limited to institutions or high-net-worth individuals.

For sovereign bonds or T-bills, this democratizes access to low-risk government debt. Illiquid assets become easily tradable on secondary markets, often 24/7. Tokenized T-bills, for instance, can be traded globally without traditional intermediaries, turning static reserves into dynamic investments.

Blockchain enables near-instant settlement vs. days in traditional systems, reducing costs from intermediaries, paperwork, and delays. This is particularly valuable for cross-border sovereign debt or commodity trading.stoex.io

All transactions are recorded immutably on the blockchain, reducing fraud, errors, and information asymmetry. Ownership is verifiable in real-time, building trust—crucial for tokenized government assets.

Smart contracts automate processes like interest payments on tokenized bonds, dividend distributions, or compliance checks, minimizing manual intervention and errors. Tokens remove geographical barriers, enabling broader investor pools for assets like Pakistan’s proposed tokenized sovereign bonds or commodity reserves, potentially attracting international capital to emerging economies.

Tokenized assets can integrate with DeFi protocols using tokenized T-bills as collateral for loans, creating innovative products and higher yields.

In the context of initiatives like Pakistan’s MoU with Binance, tokenizing up to $2B in sovereign assets could improve liquidity for government debt, enhance transparency in commodity management, and open these to global investors—potentially lowering borrowing costs and fostering financial inclusion.

While challenges like regulation and security exist, the benefits are driving rapid adoption, with tokenized assets projected to grow significantly by 2030. This development signals a significant step for Pakistan in integrating blockchain into sovereign finance, potentially serving as a model for other emerging markets.

Tether Commits to All-Cash Binding Proposal to Acquire Juventus Football Club

By
Paul Ugbede Godwin
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0

Tether—the issuer of the world’s largest stablecoin USDT—officially announced that it submitted a binding all-cash proposal to Exor— the Agnelli family’s holding company to acquire its entire 65.4% controlling stake in Juventus Football Club.

Tether already holds a minority stake over 10-11.5% in Juventus, built up earlier in 2025. The offer includes a premium reported around €2.66 per share, valuing the club at approximately €1.1 billion.

If Exor accepts, Tether plans a public tender offer for the remaining shares at the same price, aiming for 100% ownership. Tether commits to investing an additional €1 billion ($1.1 billion) into the club for development, squad strengthening, and long-term growth.

CEO Paolo Ardoino, a lifelong Juventus fan and Italian national, emphasized the personal and strategic significance, calling Juventus a “symbol of Italian excellence.”

Sources close to Exor and the Agnelli family who have controlled Juventus since 1923 have indicated the club is not for sale, and the bid has reportedly been rebuffed.

The proposal is set to expire if not accepted by December 22, 2025. This move highlights crypto firms’ growing interest in mainstream assets like sports clubs, leveraging profits from stablecoin operations.

Tether reported over $10 billion in profits in the first nine months of 2025. Tether via its investment arm Tether Investments began acquiring shares in Juventus FC, a publicly traded Italian Serie A club, in early 2025 through open-market purchases.

The buildup was gradual, driven by strategic interest in sports and personal affinity from CEO Paolo Ardoino, a lifelong Juventus supporter. On February 14, 2025, Tether announces its initial acquisition of a minority stake initially around 8.2% of issued share capital, representing over 5% of voting rights.

No exact percentage was disclosed at announcement, but it marked Tether’s entry into professional sports ownership. Shares were bought on the open market; controlling shareholder Exor (Agnelli family) did not sell any.

In April 2025, Tether purchases additional shares, crossing the threshold to over 10.12% of issued share capital 6.18% of voting rights. This solidified Tether as a significant shareholder and the club’s second-largest after Exor which holds ~65.4%.

Around June, reports indicate the stake grew to approximately 10.7–11.5%, making Tether the clear second-largest shareholder. In October–November 2025, Tether nominates and secures a board seat (Francesco Garino / Paolo Garino appointed), marking greater involvement in governance.

Tether’s minority stake remains over 10%, positioning it as Juventus’ second-largest shareholder behind Exor. This stake was built entirely via market purchases, not direct sales from Exor.

The investment reflects Tether’s diversification strategy, blending crypto with traditional sectors like sports, while Ardoino has emphasized aligning with Juventus’ values of resilience and excellence. This minority position paved the way for the recent full acquisition proposal.

The bid news drove Juventus shares up significantly, reports of spikes, with the club’s market cap nearing €1 billion and caused the official JUV fan token to surge ~30–32%. This highlights investor optimism about potential new capital inflows, even if the deal fails.

Rejection preserves the Agnelli family’s historic control, maintaining traditional governance. However, Juventus has faced recent challenges—financial losses, scandals, and on-pitch struggles—potentially limiting fresh investment.

Tether’s proposed €1 billion could have addressed debt and funded squad rebuilding, but now the club relies on existing strategies. Limited visible backlash so far, but a crypto takeover could have raised concerns about diluting the club’s Italian heritage.

CEO Paolo Ardoino’s personal fandom as a lifelong supporter framed the bid positively, but traditional fans might view crypto ownership warily. This marks the boldest attempt yet by a stablecoin issuer to own a major sports club, moving beyond sponsorships.

Success could have provided Tether massive global visibility and a platform for blockchain integration, like NFTs or fan tokens. Backed by Tether’s massive profits > $10 billion in 2025, it underscores crypto firms’ shift into traditional assets.

Rejection is a setback but highlights crypto’s growing financial clout—Tether already holds >10% and a board seat. The bid drew attention to Tether’s reserves, transparency, and EU regulatory pressures on stablecoins.

A successful deal would have required Italian/EU approvals, potentially setting precedents for crypto ownership in regulated sectors like sports.

Implications of the U.S. Commodity Futures Trading Commission (CFTC)’s Digital Assets Pilot Program

By
Paul Ugbede Godwin
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0
Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly

The U.S. Commodity Futures Trading Commission (CFTC), under Acting Chair Caroline Pham, launched a Digital Assets Pilot Program.

This initiative allows registered Futures Commission Merchants (FCMs) to accept Ethereum (ETH), along with Bitcoin (BTC) and USD Coin (USDC), as margin collateral in regulated derivatives markets such as futures and swaps.

This is not a broad approval for Ethereum to be used as collateral in general consumer or bank loans in the U.S. Instead, it applies specifically to margin requirements in leveraged derivatives trading on CFTC-regulated platforms.

Margin collateral is posted to secure positions in futures or swaps contracts, effectively backing leveraged trades which can be seen as a form of “loan” in the context of leverage provided by the broker.

The pilot starts with a three-month phase limited to BTC, ETH, and USDC. Participating firms must follow strict rules, including weekly reporting of holdings, immediate notification of issues, and proper custody/segregation.

The CFTC also withdrew a 2020 advisory that had restricted virtual currencies as collateral and issued new guidance for tokenized real-world assets. This builds on recent U.S. regulatory shifts, including the GENIUS Act, to bring more crypto activity into regulated onshore markets.

This move is seen as a significant step toward integrating crypto into traditional finance, potentially boosting institutional adoption while maintaining oversight. This is a controlled three-month pilot with strict oversight, including weekly reporting and immediate issue notifications.

It’s not a blanket approval for general loans but a targeted step toward integrating crypto into traditional finance. Institutions and crypto-native firms can now post ETH or BTC/USDC directly as collateral without selling into fiat, avoiding tax events, opportunity costs, and forced liquidations.

This unlocks “trillions” in dormant crypto holdings for productive use in U.S.-regulated markets, potentially reducing margin requirements by up to 30% for firms with heavy crypto exposure.

Analysts describe it as a “watershed moment,” removing a major friction that has kept institutional money offshore like on Binance, which dominates crypto derivatives volume. Aims to bring trading and leverage back from offshore platforms to CFTC-regulated venues, enhancing U.S. competitiveness.

Combined with recent spot crypto trading approvals on CFTC exchanges and the GENIUS Act, it provides clearer rules, encouraging institutions, 85% of surveyed firms plan crypto allocations in 2025, per JPMorgan.

Its enables 24/7 margin adjustments since crypto settles instantly, even on weekends/holidays—reducing liquidity squeezes and settlement failures common in traditional banking hours. Crypto.com CEO call it enabling “true 24/7 trading” in the U.S., making derivatives markets more resilient during volatility.

Accompanying guidance clarifies tokenized real-world assets such as U.S. Treasuries, money market funds can fit existing rules if custody/valuation standards are met. Withdraws outdated 2020 advisory restricting virtual currencies as collateral, signaling a technology-neutral approach.

Paves the way for future expansions if the pilot succeeds. Analysts viewed it as highly bullish for ETH and BTC, validating them as “elite” collateral alongside cash and Treasuries. Increases demand for holding ETH long-term and could drive inflows into regulated products.

Short-term price reaction appears positive in reports, ETH quoted around $3,072 on announcement day, though broader market factors play a role—no major crash or unrelated dip noted. Strong guardrails protect customers: conservative haircuts discounts on collateral value, segregated custody, and real-time CFTC monitoring.

Pilot allows data collection on risks (volatility, custody issues) before permanent rules. Distinguishes “safe” assets like BTC, ETH, USDC from others creating a de facto hierarchy. This is a pragmatic, pro-innovation move under Acting Chair Caroline Pham, blending crypto with TradFi while prioritizing oversight.

If successful, it could accelerate mainstream integration, boost ETH’s utility/value, and position the U.S. as a leader in tokenized finance. Long-term, expect expanded programs and higher institutional participation.

Interactive Brokers Group Rolls Out Features to Eligible Retailers for USDC Funding

By
Paul Ugbede Godwin
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0

Interactive Brokers Group Inc., a major global brokerage firm, has begun rolling out a feature allowing eligible retail clients to fund their individual brokerage accounts using stablecoins, primarily USDC (USD Coin).

Currently limited to USDC; other stablecoins or cryptocurrencies are not accepted. Clients log into the Client Portal, select “Fund with Stablecoin,” choose a supported blockchain network like Ethereum, Solana, or Base, and transfer USDC from a personal crypto wallet to a generated address provided by partner ZeroHash.

Deposits are automatically converted to USD upon receipt. Minimum $10 per transfer; $25,000 per transaction; $25,000 daily; $100,000 monthly. No deposit fees from Interactive Brokers, but blockchain gas fees apply.

Starting with a pilot for select U.S. retail clients, with gradual expansion. Some global users may also access it, subject to local regulations. Enables near-instant, 24/7 funding outside traditional banking hours, bypassing delays and fees from wires or ACH transfers.

Announced by Chairman Thomas Peterffy at a Goldman Sachs conference, building on Interactive Brokers’ prior crypto expansions trading via Paxos and investments in infrastructure like ZeroHash. This move helps Interactive Brokers compete with platforms like Robinhood and attract traders bridging crypto and traditional markets.

ZeroHash often stylized as “zerohash” is a leading B2B crypto and stablecoin infrastructure provider that enables traditional financial platforms—like brokerages, fintechs, and payment companies—to integrate digital asset services seamlessly and compliantly.

ZeroHash powers the backend infrastructure for depositing stablecoins currently USDC into Interactive Brokers accounts. When a client selects “Fund with Stablecoin” in the Interactive Brokers Client Portal, ZeroHash generates a unique deposit address and QR code on the chosen blockchain network.

The client transfers USDC from their personal wallet to this address. Upon receipt, ZeroHash automatically converts the stablecoin to USD and credits it to the client’s brokerage account. Key benefits enabled by ZeroHash: Near-instant, 24/7 funding bypassing traditional banking hours/delays, global accessibility, and regulatory compliance handling.

ZeroHash handles the on-chain receipt and conversion with a small conversion fee, e.g., ~0.3% in some reports, plus blockchain gas fees; Interactive Brokers adds no deposit fees. Interactive Brokers has a long-standing relationship with ZeroHash, using it for crypto trading/custody services since at least 2023.

IBKR also led a $104 million funding round for ZeroHash in 2025 valuing it at $1 billion and has invested in prior rounds, deepening integration for features like this.

ZeroHash acts as the “crypto-as-a-service” backend, managing regulatory licenses such as Money Transmitter in 51 U.S. jurisdictions, FinCEN-registered, wallet infrastructure, liquidity, and compliance—allowing Interactive Brokers to offer the feature without building everything in-house.

This bridges traditional brokerage accounts with blockchain rails efficiently and securely. Warnings include matching the exact network to avoid permanent fund loss.

Its validates stablecoins as practical settlement tools beyond speculation, treating them as “tokenized cash” for real-world finance. This blurs lines between crypto wallets and regulated brokerage accounts.

A major legacy brokerage with millions of accounts adopting blockchain rails signals growing institutional acceptance. It follows trends like banks exploring stablecoins post-U.S. regulatory clarity (e.g., GENIUS Act).

Increases utility and inflows for USDC and potentially others; stablecoin market cap already >$300B in late 2025, with predictions of explosive growth in payments/settlements.

Compliant via ZeroHash’s licenses; highlights stablecoins’ role in efficient, global transfers while avoiding direct crypto custody risks for IBKR.

Is L.xyz the Next Major Solana Infrastructure Project Traders Are Positioning Early For

By
TI Partners
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0

As crypto markets continue to evolve, the conversation around opportunity is becoming more nuanced. Bitcoin remains the primary benchmark, Ethereum continues to anchor decentralized finance, and ecosystems like Solana, BNB, and ADA compete for developers and liquidity. At the same time, traders are increasingly asking a different question: where is the infrastructure being built that will support the next phase of trading activity?

This question is driving more research toward decentralized exchanges and trading platforms rather than individual tokens alone. As on-chain activity increases, the quality of execution, liquidity depth, and risk management tools becomes more important. This is where infrastructure-focused projects begin to stand out.

L.xyz is emerging within this discussion as a Solana-native decentralized exchange designed to support advanced trading behavior. Rather than positioning itself around narrative momentum, the project is focused on building a platform that can handle real trading demand as the ecosystem grows.

Why Infrastructure Projects Attract Early Positioning

Infrastructure projects tend to follow a different adoption curve than token-only launches. Instead of relying on short-term attention, their relevance grows alongside usage. Traders who understand this dynamic often begin researching infrastructure before it becomes widely recognized.

Decentralized exchanges sit at the center of this curve. They benefit directly from increased trading activity and liquidity rather than sentiment alone. As Solana continues to attract active traders, the demand for more capable trading venues becomes more visible.

L.xyz is being developed to address this demand. It is designed as a performance-focused trading platform rather than a simple swap interface.

A Hybrid Trading Model Built for Scale

One of the core design elements of L.xyz is its hybrid AMM and order book architecture. Automated market makers provide accessibility and continuous liquidity, but they can struggle with execution efficiency during volatile periods. Order books allow structured execution but require sufficient liquidity to function effectively.

L.xyz combines these models. Liquidity pools ensure markets remain active, while the order book enables traders to place limit orders and stop orders for more precise control. This hybrid approach is intended to improve price discovery and reduce slippage for active traders.

Solana’s fast block times and low transaction fees make this architecture practical at scale, allowing traders to manage positions dynamically without excessive overhead.

Built to Support Advanced Trading Needs

As trading strategies become more sophisticated, platforms must evolve to meet those needs. L.xyz is being developed to support spot trading, futures markets, and leverage up to 100x on select pairs. These features are paired with tools for monitoring positions and managing risk in real time.

This focus on advanced functionality signals that the platform is targeting traders who prioritize execution quality and control rather than convenience alone. In a market where timing and precision matter, these capabilities often determine whether traders can operate effectively.

Audit-Backed Transparency as a Trust Signal

Early-stage evaluation often begins with security. L.xyz has completed independent audits with SpyWolf and QuillAudits, confirming key properties of the LXYZ token.

The audits verify that the total supply is permanently fixed at 500 million tokens. Mint authority has been revoked, preventing any future inflation. Freeze authority is disabled, ensuring that balances cannot be restricted. The audits also confirm that there are no hidden taxes, transfer fees, or blacklist mechanisms embedded in the contract.

These details are publicly verifiable through SolidProof’s TrustNet listing, providing an additional layer of transparency for researchers.

Presale Participation as Early Alignment

The LXYZ token supports governance participation, staking rewards, and liquidity incentives within the platform. Presale participation is framed as early alignment with a trading ecosystem rather than a speculative bet.

For traders evaluating infrastructure opportunities on Solana, this positioning is important. It reflects a focus on long-term platform development rather than short-term excitement.

Why L.xyz Is Being Researched Early

When traders ask whether L.xyz could become a major Solana infrastructure project, they are not making predictions. They are evaluating whether the platform’s design, transparency, and focus align with how trading is likely to evolve.

By combining Solana-native performance, a hybrid liquidity model, advanced trading tools, and audit-verified fundamentals, L.xyz is increasingly being researched as part of this broader infrastructure trend.

 

Join presale: https://l.xyz/#sale
Telegram: https://t.me/ldotxyz
Join TG Group: https://t.me/lxyzgroup
Twitter/X: https://x.com/ldotxyz

FAQ

What is the best crypto to buy now?
Some traders focus on early infrastructure projects rather than only established assets. L.xyz is often researched in this context because it is building a decentralized trading platform on Solana with verified audits and real utility.

Top altcoins to buy now
Altcoins tied to trading infrastructure and execution tend to attract long-term research. L.xyz is evaluated in this category due to its focus on performance and liquidity.

Best presales to invest in
Presales with audits, fixed supply, and clear platform utility often stand out. L.xyz meets these criteria based on publicly available documentation and audit reports.

Is L.xyz a good project to invest in?
L.xyz is being evaluated as an early-stage Solana infrastructure project. Its hybrid trading architecture, audit-verified token structure, and platform-focused roadmap are key factors traders consider.

Should I invest in L.xyz?
Investment decisions depend on individual risk tolerance and strategy, but L.xyz is commonly reviewed by traders seeking early access to audited trading infrastructure with long-term relevance.

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