• Digital assets traded within a relatively narrow range throughout the week as continued institutional developments contrasted with largely unchanged market performance.
• Bitcoin climbed to approximately $66,600 on Tuesday before easing back towards $63,000, ultimately finishing the week broadly unchanged.
• Ether followed a similar pattern, rising to around $1,940 before retreating towards $1,850 and ending the week marginally higher.
• Overall market capitalisation increased to $2.18tn while Bitcoin dominance rose to 58.6%, indicating capital remained concentrated in the market’s largest asset.

S&P and Pantera launch fundamentals-based digital asset index 

• A new approach to benchmarking digital assets emerged as S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Digital Asset Index.
• The index tracks 18 digital assets, selected for observable economic activity and protocol revenue rather than market capitalisation alone, excluding Bitcoin.
• The launch provides investors with an alternative benchmark focused on productive blockchain networks.

Ondo launches institutional execution network for tokenised assets 

• Ondo introduced “Ondo Network”, a verifiable execution environment designed for institutional on-chain applications.
• The network combines private execution with public verification and will initially support tokenised real-world assets through Ondo Perps.
• The launch extends tokenisation beyond issuance towards the execution infrastructure required for secondary markets.

Securitize adds regulated investment advice to tokenisation platform

• Securitize expanded its regulated US platform after becoming an SEC-registered investment adviser.
• The registration complements its existing broker-dealer, transfer agency, fund administration and trading capabilities, helping to further integrate traditional investment management with tokenised capital markets.

Sberbank confirms December crypto trading infrastructure launch 

• Russia’s largest bank confirmed it will launch cryptocurrency trading infrastructure and a digital depository by December 2026.
• The services will operate within Russia’s newly established regulatory framework for digital assets.
• The announcement links the country’s new legislation with deployment by a major domestic financial institution.

Crypto.com Custody adds XYO and XL1 institutional support 

• Crypto.com expanded its regulated custody platform by adding support for XYO and XL1.
• Institutional clients will be able to custody and access liquidity for both assets through segregated MPC wallets.
• The addition broadens regulated custody beyond the largest digital assets into decentralised infrastructure networks.

This weekly financial roundup is for informational purposes only and is not financial, investment, or legal advice. Information is taken from public sources and Nickel takes no responsibility for its veracity. The information was sourced around the time of publication but may become out of date, even over short periods of time. Consult a professional before acting.