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Won Settlement Live, ZetaChain Dissolves & SEC Tokenized Stocks | Sep 20
Audio is available on Spreaker — see link below.
South Korea's 24-hour won settlement network goes live, ZetaChain votes 99.4% to migrate to Solana, and the SEC opens the first regulatory pathway for tokenized stock trading on blockchain. Five stories shaping crypto market infrastructure today.
Audio is available on Spreaker — see link below.
South Korea's central bank just made the won move around the clock. The Bank of Korea's new international wire network went live this week, completing its first transaction, a transfer worth roughly one point four billion won, with four domestic banks already on the network.
Shifting to a different kind of infrastructure story. ZetaChain's community voted with overwhelming consensus to shut down its own Layer 1 blockchain and migrate the ZETA token to Solana as a native asset.
The SEC issued temporary conditional exemptions on September seventeenth for tokenized stock trading on distributed ledger venues. This covers permissioned platforms using automated market makers and liquidity pools to trade tokenized versions of National Market System securities.
Bitcoin ETF flows ended the week on more stable ground. US spot Bitcoin ETFs recorded six point one million dollars in net inflows for the week after a four hundred thirty-three million dollar Friday inflow reversed mid-week outflows of seven hundred forty-six million.
Changpeng Zhao's net worth jumped by nine point seven six billion dollars in a single day on September twentieth. The move came after Bloomberg reduced its Binance valuation discount from fifty percent to fifteen percent, reflecting lower perceived regulatory risk following his pardon last October.
The through-line across today's briefing is infrastructure. The won settlement network, the SEC's tokenized securities framework, and even ZetaChain's migration all point toward the same underlying pressure: financial infrastructure is being rebuilt for continuous, programmable, and cross-border settlement.
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