{
  "id": 9787205,
  "title": "Crypto Biz: Wall Street and crypto fight for the same turf",
  "url": "https://urgent.news/2026/09/25/crypto-biz-wall-street-and-crypto-fight-for-the-same-turf",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T15:49:34.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/crypto-biz-crypto-tradfi-stablecoins-tokenized-assets"
  },
  "original_language": "en",
  "account": "Wall Street and crypto firms are fighting for control over the same markets, as stablecoins and tokenized assets push traditional finance and crypto companies together. Binance has invested $100 million in Circle, Canada's six largest banks are exploring tokenized deposits, and the New York Stock Exchange is collaborating with Blockchain.com to bring US stocks and ETFs onto the blockchain.\n\nCanada's six major banks are pooling resources to develop a tokenized Canadian dollar deposit system, which could streamline payments between financial institutions. Meanwhile, Binance holds a $100 million, two-year investment in Circle, with the right to vote on Circle shares during the lockup period.\n\nIn the US, Blockchain.com and the New York Stock Exchange are working together on a tokenized alternative trading system, signaling the growing intersection of crypto and traditional finance. As stablecoin adoption grows, fueled by clearer regulations and expanding use cases, crypto and traditional finance are becoming increasingly intertwined.",
  "summary": "Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}