DTCC launches live tokenized trading with major financial institutions; Stripe and Advent bid $53B for PayPal; Senate opposes clemency for Sam Bankman-Fried.

Regulation & Gov · 2026-07-16

Stripe and Advent made a $53 billion bid to acquire PayPal. The Depository Trust & Clearing Corporation began live tokenized trading with JPMorgan, BlackRock, and Goldman Sachs. The Senate unanimously opposed clemency for FTX founder Sam Bankman-Fried, while Trump planned to meet with senators regarding the Clarity Act ethics deadlock.

Previously on Telem

JPMorgan, Goldman Sachs, BlackRock, Vanguard, NYSE trial tokenizing stocks and Treasuries 2026-07-15
DTCC to tokenize stocks, treasuries, ETFs for Wall Street firms 2026-07-15
UK Treasury unveils tokenization strategy with 54-firm taskforce 2026-07-14
UK government convenes 54-firm taskforce on tokenized repo markets 2026-07-13
SWIFT, DTCC, Broadridge advance tokenization across banking and securities 2026-07-12