The Office of the Comptroller of the Currency approved national bank charter applications for BitGo, Fidelity Digital Assets, Paxos Trust Company, Ripple National Trust Bank and First National Digital Currency Bank on Friday. BitGo, Fidelity and Paxos obtained conditional approvals to convert into national banks, while Ripple received a new de novo national trust bank charter, expanding the roster of digital asset institutions under federal oversight.

LI.FI, a cross-chain bridging protocol for on-chain swaps, has secured a $29 million Series A extension co-led by Multicoin Capital and CoinFund, bringing its total funding to $51.7 million. The company plans to use the new capital to scale operations, build infrastructure for AI agents and stablecoins, and launch an open intent and solver marketplace in Q1 2026.

Upbit, South Korea's largest cryptocurrency exchange, disclosed Thursday that unauthorized withdrawals drained approximately $36 million worth of assets from its Solana hot wallet. The breach affected multiple tokens including BONK, JTO, SONIC, PENGU, and USDC. Exchange CEO Oh Kyung-seok confirmed full reimbursement for affected customers.

Coinbase Ventures has outlined its 2026 investment priorities, focusing on teams building asset tokenization solutions, specialized trading infrastructure, next-generation DeFi protocols, and AI-powered robotics. The venture arm highlighted RWA perpetuals as providing faster and more flexible exposure to real-world assets than traditional tokenization approaches. Investment targets also include proprietary automated market makers on Solana, prediction market aggregators, and expanded perpetual futures functionality.

Polymarket has received regulatory clearance from the Commodity Futures Trading Commission to operate a fully compliant intermediated trading platform in the United States. The approval requires the prediction market platform to meet federal exchange standards, including enhanced surveillance systems and regulatory reporting protocols.

Obex has raised $37 million in a funding round led by Framework Ventures, LayerZero, and Sky ecosystem to launch an incubator for stablecoins backed by real-world assets. The 12-week program will provide early-stage teams with capital, technical resources, and infrastructure access. Successful projects may qualify for additional funding from Sky's $2.5 billion allocation.

Binance has integrated BlackRock's USD Institutional Digital Liquidity Fund as collateral for off-exchange trading operations. The tokenized fund expanded to BNB Chain on Friday, bringing its total operational networks to eight. Institutional traders can now deploy capital while maintaining exposure to tokenized Treasury assets.

Decentralized finance protocol Balancer lost more than $128 million in a security breach on Monday. Security firms Peckshield and Cyvers detected the incident after observing large on-chain transfers, including 6,587 WETH ($24.5 million), 6,851 osETH ($26.9 million), and 4,260 wstETH ($19.3 million). Balancer confirmed awareness of the exploit affecting its v2 tools and stated its engineering team is investigating.

OceanPal, Inc. (NASDAQ: OP) has completed a $120 million private investment in public equity transaction through common stock and pre-funded warrants. The proceeds will establish SovereignAI, a digital asset treasury company focused on commercializing NEAR Protocol and developing blockchain-native AI-cloud infrastructure using NVIDIA technology, according to a press release. Investors in the offering included Kraken, Proximity, Fabric Ventures, and G20 Group.