What’s going on DDians! Bitcoin rocketed past $111K again, and bullish hopes for the future have strengthened manifold, courtesy of exponentially rising institutional crypto demand. And, we shouldn’t forget that “tradfi whales” are currently powering the next generation of infrastructure developments. The Times They Are A-Changin’… truly!
Here’s what we have for you in this issue –
- Ondo Finance’s Tradfi makeover
- The giants who did not get invited to the MiCA party
- Ethereum: Lovely EIPs are upcoming
Ondo Finance: “Defi Protocol” Pro Tradfi Player, Location: Wall Street🪙
What’s the easiest way to attract smart money and spur solid, legitimate crypto adoption? Build for Tradfi.
That’s right, and that’s exactly what Ondo Finance intends to do.
The blockchain technology company just acquired Oasis Pro, a fully licensed US broker-dealer, ATS, and transfer agent.
Source: @OndoFinance
Ondo is no longer just a tokenization protocol. Its DeFi days are gone. It’s now transformed into a regulated financial powerhouse — one that’s licensed to move securities on-chain in the US.
In other words:
Ondo isn’t just playing the tokenized assets game.
They’re writing the rulebook.
Details:
- SEC-registered broker-dealer license
- FINRA membership
- Regulatory greenlight to operate an ATS (Alternative Trading System)
- Transfer Agent credentials
That’s a complete compliance stack — and the only way to offer real, tradable, tokenized securities to US investors without hiding offshore.
But why tokenization?
- Tokenization has potential — real, ground-breaking potential.
- But it needs to happen without attracting a torrent of lawsuits. To do so, Ondo must play by the rules, to the very last punctuation mark.
- That’s exactly what Ondo did. And, that’s how it’s become the go-to platform for tokenized finance in the US that’s both crypto-native and regulator-approved.
CEO Nathan Allman called it the “next major chapter of tokenized finance.”
But we would like to differ. We think it’s the “next major chapter of finance itself”.
Now, why do we say that?
Analysts predict a market worth $18 trillion in tokenized securities by 2033.
- Ondo already has $1.4 billion in AUM across tokenized treasuries and real-world assets.
- With Oasis Pro, they can now offer tokenized stocks, secondary markets, and global access in a regulated manner.
The strategy is clear:
Build Wall Street’s back-end rails… but run them on-chain.
Pump.Fun Is Launching Its Own Token🤑
Source: @pumpdotfun
Pump.fun is no stranger to hype.
In just months, it has become the go-to meme coin launchpad on Solana, spawning thousands of tokens, hundreds of headlines, and a new era of low-effort, high-velocity meme speculation.
From Fartcoin to PNUT to Chill Guy, Pump.fun helped turn jokes into liquid markets — and drew millions in revenue along the way.
And now the exchange is all set to “launch” its token (named $PUMP for obvious reasons).
Details:
- 150 billion PUMP tokens to be sold
- $0.004 per token, implying a $4B FDV
- Open for up to 72 hours
- No upper purchase limit, just a minimum
- First come, first served
With Bitcoin price lingering around its previous all-time high of $112k, and a renewed wave of bullishness hitting crypto markets in general, the timing couldn’t have been more appropriate.
LetsBonk, a new launchpad from meme coin BONK’s team, just flipped Pump.fun in tokens created. The market is shifting. The meta is evolving. And the top spot is up for grabs.
This $PUMP token sale could reassert dominance for Pump.fun, reward die-hards, and create the next Solana summer frenzy, and could be Solana’s biggest memecoin event since BONK.
Sorry, Binance, Tether, it’s a no for now😞
Six months after the Markets in Crypto-Assets (MiCA) framework came into effect, regulators have quietly handed out golden tickets: Licenses that allow 53 firms to operate across 30 EEA countries without having to jump through local hoops.
Circle’s in. Robinhood’s in. Crypto.com? In.
But Binance and Tether? Still waiting at the border.
Source: @paddi_hansen
Who’s in?
- 14 firms approved to issue stablecoins
- 39 firms licensed to operate as CASPs (crypto-asset service providers)
Among the winners:
- Circle (issuer of USDC)
- Crypto.com
- Robinhood
- Societe Generale
- BBVA
- Kraken
- OKX
This crew can now operate frictionlessly across the EEA. One license. Thirty markets. No nonsense.
Why did Tether and Binance not make it?
- Tether (USDT) isn’t MiCA compliant. That’s already cost them listings on Coinbase EU and Crypto.com Europe.
- Binance – While they’ve brought in new leadership for the region, they’re still grappling with compliance issues and regulatory scrutiny.
What does it mean?
MiCA is Europe’s way of saying:
- No more ambiguity
- No more regulatory theater
- Get licensed or get out
It also shows that compliance is the new moat.
Firms that took regulation seriously (Circle, Robinhood, BBVA) now enjoy business rights across 30 countries. Everyone else is either scrambling or getting sidelined.
Making Ethereum Open Yet Impregnable💪
Ethereum co-founder Vitalik Buterin wants only good things for his baby, Ethereum.
Recently, he revealed the two things that would make No. 2 blockchain stand strong in a more competitive and concentrated blockchain and smart contract tech era. This is his most significant shift since the Merge:
- A philosophical turn toward copyleft licensing to protect the open source from tech monopolies and mercenary builders.
- A technical proposal (EIP-7983) to limit single-transaction gas usage, mitigate DoS vectors, and improve zkVM performance.
One’s about the protection and incentivisation of open-source code.
The other is about defending the Ethereum protocol’s performance.
What exactly is copyleft?
It is a licensing practice that allows works of creation to be copied, modified, and redistributed, but with a condition. All derivatives of the original work must also be released to the public under the same or a compatible copyleft license.
Copyleft licenses like GPL enforce reciprocity: if you use the code, you gotta share your work too.
In a crypto space that’s become “mercenary,” with only a handful of builders open-sourcing out of goodwill, Buterin argues that legal guardrails are the only way to ensure collective progress.
It’s not just about ideology.
He ties it to economic concentration:
“Superlinear returns to scale inevitably lead to monopolies… Copyleft is a neutral way to force diffusion.”
Translation: Big players won’t play nice unless you make them.
Hard cap on gas
Vitalik, along with researcher Toni Wahrstätter, also proposed EIP (Ethereum Improvement Proposal) -7983 — a hard cap on how much gas a single transaction can use: 16.77 million gwei.
Source: @adakole__
This is nearly half the cap of an earlier version (EIP-7825) and would prevent any one transaction from hogging blockspace — a classic vector for denial-of-service (DoS) attacks.
“This improves network stability and predictability,” the proposal says.
Also, zkVM-readiness will force developers to break large transactions into smaller ones. That way, Ethereum can align better with the structure of zero-knowledge virtual machines, enabling more predictable circuit design and broader zk adoption.
This isn’t just protocol housekeeping. It’s Ethereum signaling its next decade:
- Resist centralization — by law and by design
- Prepare for zk-powered scalability
- Draw a line between open innovation and unchecked appropriation
Crypto regulations are becoming clearer and more real. Builders are building not just for a small crypto audience, but the larger world now, keeping security and economic value in mind. Crypto markets are garnering mainstream attention and accumulating value with every passing day. It’s safe to say that we are living in an exciting age of astounding possibilities.
The road ahead looks much smoother with the asphalt slick and shining bright like the sun. And with this, we would like to end this issue and take our leave. See you in the next one. Stay strong, stay bullish.
Ciao👋
