Quick Take
UBS tokenized fund on Ethereum.
Succinct introducing OP Succinct with Celestia DA.
The Argot Collective spins out from the EF.
uni.eth hits 1 million subnames.
OP Succinct With Celestia DA
Succinct Labs introduced support for integrating OP Succinct with Celestia as a data availability (DA) layer and Conduit for fast sequencing. OP Succinct allows any OP Stack chain to upgrade from an optimistic rollup to a ZK rollup with minimal development effort, enabling OP Stack chains to evolve into a Type 1 zkEVM and leverage Celestia for high-throughput data availability. The custom DA layer is implemented through an adapter that enables any OP Succinct rollup to use Celestia DA. The implementation uses Alt-DA Mode within the OP Stack, allowing DA layer teams to manage a DA Server, which oversees interactions with the OP Stack and handles custom logic and key management. Alt-DA Mode is designed to lower transaction costs by using a data market priced independently from Ethereum blobspace.
Argot Collective Spins Out From EF
The Argot Collective introduced its non-profit focused on supporting free and independent Ethereum software, spinning out from the Ethereum Foundation. The new collective will oversee Ethereum projects related to compiler engineering, verification, and programming languages, including Solidity, Fe, and Sourcify. Argot will maintain a democratic governance structure and is founded by 25 current Ethereum Foundation employees. Argot is funded by a long-term grant from the Ethereum Foundation intended to support operations over the next 5 to 10 years. Argot is committed to transparency, publishing financial information, and project roadmaps.
UBS Tokenized Fund On Ethereum
Union Bank of Switzerland (UBS) launched its first tokenized investment fund, the UBS USD Money Market Investment Fund Token (uMINT), on Ethereum. uMINT provides investors with access to a tokenized, institutional-grade cash management solution, emphasizing a conservative and risk-managed approach, and is available through its authorized distribution partners. The launch reflects the increasing demand for tokenized real-world assets and marks UBS’s effort to expand market access to digital assets. UBS has over $3 trillion in assets under management.
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