Odaily News Nasdaq-listed decentralized finance technology company DeFi Technologies disclosed recent survey results, which pointed out significant discrepancies between the reported number of beneficial owner shares by the agency service company and the number of shares recorded by relevant custodial institutions, including the Depository Trust Company (DTC) and the Canadian Depository for Securities (CDS). This issue requires further investigation. DeFi Technologies added that it has contacted relevant parties to reconcile and explain these discrepancies, and if a satisfactory solution is not obtained, it is prepared to escalate the matter and report it when necessary. (Prnewswire)

Golden Finance reports that payment giant Visa plans to collaborate with DCS Singapore, DTC Pay, and StraitsX to launch a stablecoin payment card supported by regulated infrastructure in the Asia-Pacific region. It is reported that Visa has settled over $225 million in stablecoins for participating clients, and the company also plans to expand its tokenization asset platform (VTAP) to more partners later this year or in 2026.

Speculation about whether regulators will release Bitcoin ETFs heats up as a group of former Citigroup executives plan to issue the oldest Crypto Assets-backed securities, which they say do not require approval from U.S. regulators. The new product, called Bitcoin Depositary Receipts, will be similar to American Depositary Receipts, which represent foreign stocks. Receipts Depositary Corporation (RDC), a startup formed by former Citigroup executives, said it plans to issue the first Bitcoin depositary receipts to qualified global institutional investors, which would be exempt from registration under the Securities Act of 1933. The issuance of the securities, known as BTC DR, will allow institutional investors to invest in Bitcoin securities through a regulated market infrastructure in the United States, and the transaction will be cleared through a depository trust company (DTC), according to a press release issued by RDC.