Coinbase has opened SUI staking with a one-token minimum and estimated annual rewards of 1.4% to 3.3% as Sui tests resistance near $0.78.

Coinbase announced the rollout on July 22, giving eligible customers a way to stake SUI and collect rewards without moving their tokens away from the exchange. The company presented the service as a direct account feature, although access depends on the customer’s location.

You can now stake SUI – directly on Coinbase.

Instant rewards, accumulated straight to your account.

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Less time spent searching, and more time spent earning. pic.twitter.com/7PdKdUJ4MH

— Coinbase 🛡️ (@coinbase) July 22, 2026

“You can now stake SUI — directly on Coinbase,” the exchange wrote in its announcement, adding that rewards accumulate in customer accounts.

Eligible users can begin with as little as 1 SUI, according to Coinbase. Estimated returns range between 1.4% and 3.3% per year, but the exchange’s quoted rate may change because staking returns depend on network conditions and other factors.

Rather than following a weekly or monthly payment schedule, Coinbase will distribute SUI rewards after each 24-hour network epoch. The exchange will also add those rewards to the customer’s staked balance through automatic compounding, allowing later payouts to accrue on the updated amount.

Regional restrictions still apply to the product. Coinbase noted that staking is unavailable in some jurisdictions and described the published return range as an estimate rather than a guaranteed yield. The company also stated that its announcement did not constitute investment advice or a recommendation to buy or sell SUI.

Staking access adds a fresh SUI catalyst

SUI traded near $0.772 on Binance when the supplied TradingView charts were captured on July 22, placing the token just below a resistance area that has rejected several advances since June.

On the 4-hour chart, SUI has formed a series of higher lows against horizontal resistance near $0.7806. This structure resembles an ascending triangle, with its rising trendline extending from the late-June low near $0.65 toward the current price.

A 4-hour close above $0.7806 would confirm the breakout only if buying activity follows, according to the chart structure. The pattern’s measured move points toward approximately $0.9095, representing a potential increase of about 16.7% from the breakout line rather than a guaranteed target.

Momentum readings offer mixed but generally constructive signals. The 4-hour relative strength index stood at 59.97, below its signal average of 61.75 and well short of the usual overbought threshold at 70. SUI therefore retains room to advance, although the slight RSI slowdown shows that buyers have not yet secured the breakout.

The Aroon indicator provided a more cautious reading, with Aroon Down at 42.86% and Aroon Up at 7.14%. Under that indicator, the higher downside reading suggests that recent upward momentum has weakened even as price continues to hold its rising support line.

Daily indicators present a firmer accumulation picture. The supplied chart shows the MACD line at 0.0063, above the signal line at 0.0040, while the positive histogram was beginning to expand. Chaikin Money Flow stood at 0.10, indicating that buying pressure exceeded selling pressure during the measured period.

SUI must first clear $0.8188, the 78.6% Fibonacci retracement of its decline from $1.4246 to $0.6539, before the daily chart can support a larger recovery. Above that barrier, the displayed Fibonacci levels place the next resistance zones at $0.9483 and $1.0392.

Failure to break the $0.78–$0.82 area would keep SUI inside its current consolidation. Based on the charts, the rising 4-hour trendline provides initial dynamic support near $0.74, while the daily swing low at $0.6539 remains the main downside level.

Hashi testnet expands Bitcoin activity on Sui

Arriving alongside the Coinbase rollout, Sui’s Hashi testnet has given developers, institutions, custodians and infrastructure providers a place to test Bitcoin-backed financial applications before a mainnet release. The Sui Foundation stated that more than 25 ecosystem partners had joined the testing phase.

Hashi is a native Sui primitive turning ~$1T of idle $BTC into productive financial collateral.

Ahead of its global testnet launch this July, @CumberlandSays, @swissborg, and @0xfluid are the latest to join 20+ partners in the Hashi ecosystem.

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— Sui (@SuiNetwork) June 23, 2026

Hashi combines Sui’s network with a security system known as the Guardian Layer, according to the foundation. The protocol is designed to give participants additional control over Bitcoin used as collateral while keeping transactions transparent and programmable onchain.

Through the testnet, participating firms can experiment with BTC-backed lending, credit products and yield strategies without deploying those services on the final network. The Sui Foundation also identified Wave Digital Assets as a launch partner involved in the institutional testing effort.

Coinbase’s staking release also arrived on the day the exchange and the U.S. Securities and Exchange Commission ended a long-running Freedom of Information Act dispute. As reported by crypto.news earlier today, the SEC agreed to pay Coinbase $150,000 as part of the settlement.

Coinbase shares did not follow the positive product news during the session. According to Yahoo Finance data, COIN fell 3.65% to $169.42 intraday, separating the stock’s performance from SUI’s attempt to break its short-term resistance.

The UK Treasury has set Q1 2027 for its first tokenized sovereign bond transaction, but the project has remained dependent on finding a workable method to settle its cash leg on-chain.

CoinDesk reported that the missing payment mechanism has held back institutional use of digital bonds for almost seven years, even as governments and financial firms have built platforms for issuing tokenized securities.

Known as the Digital Gilt Instrument, or DIGIT, the pilot will test whether distributed ledger technology can reduce costs and improve the operation of UK capital markets. HM Treasury first announced the project in 2024 before selecting HSBC’s Orion platform through a competitive process in February 2026.

According to a July 16 Treasury update, HSBC received Gate 2 approval under the Digital Securities Sandbox on July 13. The decision made HSBC the first sandbox participant cleared to provide live digital securities depository services.

The first DIGIT transaction will take place on HSBC Orion by the end of the first quarter of 2027, subject to the pilot meeting its remaining conditions. Chancellor Rachel Reeves also instructed the Treasury to prepare for possible additional issuances if the initial transaction succeeds.

HSBC’s platform had supported more than $3.5 billion of digital bond issuance across sovereign, central bank, corporate and financial institution markets as of February, the bank told Reuters. HM Treasury has separately appointed law firm Ashurst LLP to provide legal services for the pilot.

The government also plans to list the bond through the London Stock Exchange Group. Reuters reported that the UK wants to become the first major advanced economy to issue a digital sovereign bond, placing DIGIT ahead of similar work among other G7 members.

On-chain cash remains the missing market rail

Although the UK has selected an issuance platform, industry participants told CoinDesk that technical infrastructure alone cannot support a functioning tokenized debt market. Investors must also have a regulated way to exchange cash and securities on the same or connected digital networks.

Current options remain limited by the absence of common on-chain payment standards, established sterling stablecoins and final regulatory rules, according to CoinDesk. Without a dependable cash asset, institutions may still need to move money through conventional banking systems, reducing the settlement benefits offered by tokenized bonds.

Varun Paul, Fireblocks’ global business lead for central banks and financial market infrastructure, told CoinDesk that natively digital bonds could permit instant settlement and allow collateral to move between venues without delays tied to existing systems.

The Bank of England and Financial Conduct Authority have acknowledged the cash-settlement problem. In a joint paper on tokenization, the authorities committed to helping identify settlement options for DIGIT while considering whether the instrument could qualify as collateral in the Bank’s monetary operations.

Bank of England Governor Andrew Bailey also said the central bank would work to make the digital gilt eligible for use as collateral in its market operations, according to Reuters. The Bank plans to upgrade the securities and collateral system supporting those operations in 2027, which could eventually allow direct connections to tokenized asset ledgers.

For settlement in central bank money, the Bank has targeted 2028 for a synchronization service linking digital ledgers with sterling held through its real-time gross settlement system. Its May consultation said the service should allow the asset and payment sides of a transaction to settle at the same time.

Because that system is scheduled to arrive after DIGIT’s first transaction, private settlement assets could play an earlier role. The Bank and FCA said they were working to permit regulated sterling and foreign-currency stablecoins in the Digital Securities Sandbox alongside tokenized deposits.

DIGIT could draw new demand for UK debt

Despite recent changes in Britain’s political leadership, Paul expects the digital gilt program to retain sufficient institutional support from HM Treasury, the Bank of England and the FCA.

“I expect that there is sufficient momentum behind this,” Paul told CoinDesk, adding that the project could support demand for UK government debt.

The potential demand comes as the UK carries almost £3 trillion in outstanding public debt, according to Office for National Statistics figures cited by CoinDesk. Paul argued that placing sovereign debt on-chain would change how capital moves through financial markets rather than merely replacing existing back-office records.

Separate work by the Bank of England could also expand the payment options available to tokenized markets. During City Week 2026, Deputy Governor Sarah Breeden outlined a system in which traditional deposits, tokenized bank deposits, regulated stablecoins and a possible digital pound could operate together.

Breeden said distributed ledger technology could reduce costs, while smart contracts could automate conditional payments and post-trade processes such as collateral transfers and coupon payments. Under the Bank’s model, atomic settlement would allow money and securities to move simultaneously, limiting the risk that one side of a transaction completes without the other.

The Bank is also considering longer operating hours for its RTGS and CHAPS systems, including movement toward near-continuous settlement. Its joint paper with the FCA said extended hours would support digital asset ledgers that can operate around the clock.

While DIGIT’s first sale will test only one sovereign bond, the Treasury has already linked further issuance to the pilot’s success. Progress beyond that transaction will depend on whether regulators, banks and payment providers can connect tokenized securities with reliable sterling settlement before the Q1 2027 deadline.

Institutional crypto trading platform Talos has integrated with Kalshi, allowing select clients to trade the prediction market operator’s event contracts and crypto perpetuals through the same infrastructure they already use for digital assets, eliminating the need for a separate connection.

Talos will offer algorithmic order types including Iceberg, TWAP and POV, along with multi-leg execution for perp-to-perp and perp-to-spot spread trades. The company said institutional clients will also be able to execute block trades in Kalshi contracts through its request-for-quote platform using participating over-the-counter liquidity providers.

Later this year, Talos plans to extend its dealer software to brokers and trading platforms, allowing them to offer Kalshi event contracts directly to customers where permitted. The company also plans to launch a unified prediction market data feed that standardizes events, trades, order books, open interest and implied probabilities across venues.

The integration lowers the operational hurdles for hedge funds, market makers and other professional trading firms already using Talos to add regulated prediction markets alongside their existing crypto trading activity.

Related: Kalshi says CFTC, Michigan orders leave it in ‘impossible position’

Prediction markets hit record trading volumes

The Talos integration comes as prediction markets attract record trading activity and growing institutional interest. According to a report from CoinGecko, notional trading volume reached $113.8 billion in the second quarter, up 48.7% from the previous quarter, while June’s $52.8 billion in notional volume marked a new monthly record.

CoinGecko attributed the surge to a packed sports calendar, including the UEFA Champions League final, NBA Finals, Stanley Cup, FIFA World Cup and Wimbledon. On Polymarket, sports contracts accounted for 81% of June trading volume, up from 40% in January.

Kalshi expanded its lead among prediction market platforms, increasing its market share to 58.9% from 42.4% in the first quarter. Polymarket’s share fell to 30.2% from 35.8%, while Rothera, the Robinhood and Susquehanna International Group-backed venture launched in May, climbed to fourth place in June with $2.1 billion in notional trading volume.

Prediction markets monthly notional volume. Source: CoinGecko

Despite the rapid growth, prediction markets continue to face legal and regulatory headwinds. In the United States, Kalshi is battling several state regulators over whether its sports event contracts constitute illegal gambling, a dispute many legal observers believe could ultimately reach the US Supreme Court.

The industry is also facing growing scrutiny over potential insider trading. Earlier this year, six Polymarket traders reportedly made about $1 million by correctly betting on US military strikes against Iran before the attacks became public.

Last week, a White House teleprompter operator was placed on unpaid leave after allegedly making more than $100,000 betting on Kalshi markets tied to President Donald Trump’s speeches.

Magazine: Binance & OKX users face $1,900 fines in Vietnam, Coinbase in China? Asia Express

Artificial intelligence (AI) agents are the next “killer” use case for blockchain and cryptocurrency, according to investment management giant Franklin Templeton’s head of digital assets and innovation.

Sandy Kaul said in a X post on Wednesday that the AI agent economy will increase demand for blockchain protocols hosting machine-to-machine micropayments, as legacy card networks are unsuitable for agentic payments due to high fees and settlement times.

“To capture the AI growth opportunity today, most investors buy shares of AI-aligned companies and related verticals. But will the same playbook work for agentic AI,” Kaul said in the introduction to his more-than-1,800 word post.

He said blockchain networks such as Aptos, Solana and the BNB Chain are more suited for the agentic economy, as they settle transactions in seconds, faster than the one-to-three business-day settlement time of the Visa network.

In a joint report published last Wednesday, payments giant Visa and investment thesis platform Artemis argued that traditional cards built for low-frequency human commerce are insufficient for AI agents, which need infrastructure with near-zero fees and faster settlement to make agentic micropayments commercially viable.

Visa’s crypto division and Stripe-backed Tempo both launched AI tools in March. Visa’s allows AI agents to make same-day payments. 

Some machine payment protocols are boasting signs of adoption. The x402 payment protocol developed by Coinbase processed $15 million in adjusted volume across over 109 million adjusted transactions since it was launched in May 2025, according to Visa and Artemis’ joint report.

Magazine: How South Korea is using AI to detect crypto market manipulation

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Digital asset infrastructure provider BitGo and OTC Markets Group, the operator of regulated over-the-counter securities markets, plan to partner on digital asset trading and custody infrastructure for broker-dealers, a move that could expand institutional access to tokenized securities through existing market infrastructure.

The companies said Wednesday that the proposed alliance will serve more than 150 broker-dealers using OTC Link ATS, an alternative trading system regulated by the US Securities and Exchange Commission. If implemented, participating broker-dealers would be able to quote, trade and settle digital asset securities using the same electronic trading infrastructure they currently use for over-the-counter and US equity markets.

Under the proposal, BitGo Bank & Trust would act as the qualified custodian, while settlement would be facilitated through BitGo’s Go Network. The proposed framework is initially intended to support digital asset securities, with the potential to expand to tokenized assets and commodities as regulatory frameworks evolve.

The announcement comes as traditional financial institutions increasingly explore tokenized versions of real-world assets, while US regulators have moved toward establishing clearer rules for digital asset markets.

In December, BitGo received final approval from the US Office of the Comptroller of the Currency to operate as a federally chartered national trust bank, allowing it to provide qualified custody services under federal banking oversight.

Investors lifted OTC Markets Group’s stock price roughly 2.7% by midday on Wednesday, to $53.50 a share on thin volume.

Related: SoFi taps BitGo to provide infrastructure for bank-issued stablecoin

Why broker-dealers matter for tokenization

Broker-dealers could play a major role in the transition to tokenized securities because they already operate within established regulatory and market frameworks. By integrating digital asset trading and custody into existing infrastructure, the BitGo-OTC Markets alliance could reduce operational barriers for broker-dealers looking to offer tokenized securities without requiring them to adopt entirely new crypto-native systems.

The proposed alliance comes as the market for tokenized securities continues to expand. Analysts at Bernstein have projected that the value of tokenized real-world assets could reach up to $4 trillion by 2030, driven by broader adoption across equities, commodities, and other financial assets.

The announcement also follows similar efforts by companies including Securitize and Cantor Fitzgerald to bring tokenization to capital markets, including initial public offerings and follow-on equity offerings.

Bernstein analysts identified tokenization and prediction markets as the next assets “battleground” for exchanges and brokers. Source: Bernstein

Related: Tradable’s $1B Stellar deal adds to institutional tokenization boom

A group of Democrat Senators said in a statement late Wednesday that the bill still fell “short” of where it needed to be to get their support, but that they would keep working on it with Republicans. Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, argued Wednesday that the policy as written would let Trump continue his crypto businesses largely untouched, and any improper activity would be ignored by his loyal Department of Justice and then legally fenced off from prosecution once he leaves office.

Other outstanding issues

Beyond ethics, lawmakers may continue to negotiate over illicit finance provisions, Lummis said.

“We think we’ve landed in a good place,” she said, because the effort addresses the Bank Secrecy Act, money-laundering protections, sanction coverage for exchanges and decentralized finance (DeFi).

Some of the new additions were made at the request of law enforcement, such as a provision addressing crypto automated teller machine (ATM) fraud.

There is also a safe harbor for crypto platforms to freeze funds if they suspect the assets are tied to suspicious transactions, particularly if those companies are cooperating with law enforcement, she said.

The text also includes a provision saying it is the “sense of Congress” that at least two of the commissioners on the Securities and Exchange Commission and Commodity Futures Trading Commission would be nominated in consultation with the minority party. Right now, neither agency has any Democratic commissioners, with the SEC helmed by three Republicans, while the CFTC just has a single commissioner running the agency.