Ripple and Bitso said they expanded their payments partnership to issue Bitso's Mexican peso backed stablecoin MXNB on the XRP Ledger and integrate it into Ripple Payments on DEX. The firms said the setup will use the XRPL Permissioned DEX for verified counterparties, targeting settlement flows across the roughly $60 billion US Mexico corridor.

Solana SOL fell over the past week after breaking key support levels, while onchain tokenized real world asset activity surged. DeFi researcher Zensei reported Solana logged its largest single day RWA transfer volume, topping $1.49 billion, more than double the prior day, with preSPAX accounting for over $1 billion in transfers.

DePIN project io.net has rolled out its Incentive Dynamics Engine (IDE), a new framework designed to link the IO token supply directly to real network usage. The project said it will permanently burn at least 50% of network revenue after provider payouts, and expects to destroy at least 12 million IO tokens over the next 12 months. The update was reported on June 11 (UTC+8), according to ME News. (Source: Foresight News)

Citigroup is launching a crypto platform with SDX, SIX Swiss Exchange's digital asset arm, to tokenize and trade late stage private company shares for institutional and eligible investors. The permissioned R3 Corda ledger will issue tokenized depositary receipts held through regulated institutions, starting with foreign investors while US access is planned for a later phase pending regulation.

Ethereum exchange reserves fell to a record low of 14.5 million ETH, CryptoQuant data shows, after a sharp decline that accelerated from July 2025 as firms such as BitMine and SharpLink accumulated and staked large holdings. ETH trades near 1,650 dollars, down 44 percent year to date, while May ETF net outflows totaled 540.88 million dollars.

Digital Asset, the developer behind the privacy-focused blockchain Canton Network, said it has closed a $355 million financing round valuing the company at $2 billion. The round was led by a16z crypto and included participation from subsidiaries of the Abu Dhabi Investment Authority, Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, and SBI Group. The company plans to use the proceeds to speed up strategic partnerships, pursue mergers and acquisitions, and help partners build on-chain businesses.

Binance added Ethereum focused project BitMine to its listings, according to a Morning Crypto Report. The same update said XRP's market cap fell below $1 billion while the amount locked in XRP related ETFs reached a record. It also noted SHIB is tracking Japan's new crypto rules.

Citigroup said it will roll out tokenized shares of private companies, expanding its work on bringing real world assets onto blockchain rails. The plan focuses on offering tokenized exposure to private company equity through a bank led structure, according to the company's latest update.

Citigroup plans to offer tokenized shares of private companies to wealth-management and institutional clients, The Wall Street Journal reported.