Blockchain Infrastructure

The Digital Chamber has filed a lawsuit seeking to stop Illinois from enforcing a 0.2% tax on digital asset transactions. The challenge argues the measure violates state and federal constitutional protections and conflicts with federal law governing electronic commerce.

Standard Chartered has begun coverage of Morpho with a bullish end-2030 price target, arguing the protocol is positioned to benefit from tokenization and DeFi growth. The bank said Morpho’s lending and onchain infrastructure businesses could scale alongside a projected 37-fold expansion in DeFi assets.

Nasdaq will distribute its TotalView full depth-of-book equity market data through the Pyth Network, broadening access via blockchain infrastructure. The move highlights Wall Street’s push to make core market data more programmable for tokenized finance and on-chain applications.

Securitize has secured shareholder approval for its SPAC merger with Canton Equity Partners II, removing a key obstacle to its planned NYSE listing. The move comes as Wall Street intensifies its push to tokenize traditional assets on blockchain rails.

Story Protocol has rebranded as DATA Foundation and is shifting its focus from broad intellectual property to blockchain infrastructure for AI training data verification. The company says its new network will document provenance, licensing, consent, and payments without exposing the underlying data.

Ophelia Snyder argues that tokenization can improve settlement and asset movement, but major financial institutions still lack the operational plumbing to support it at scale. She says the real challenge is not blockchain throughput, but compliance, reporting and risk controls.

MoneyGram has joined the Solana network as a validator, adding another major payments brand to the blockchain’s security layer. The move comes shortly after the company launched its MGUSD stablecoin on Stellar, signaling a broader push into digital payments.