Prolonged tensions in the Strait of Hormuz could destabilize global oil 
markets and strain US military resources, impacting geopolitical stability.
The post US officials fear prolonged conflict in Strait of Hormuz amid traffic 
concerns appeared first on Crypto Briefing.

US officials fear prolonged conflict in Strait of Hormuz amid traffic concerns

OKX integrates BlackRock’s tokenized Treasury fund into Standard Chartered 
custody, allowing institutions to use it as regulated trading collateral.

OKX lets institutions use BlackRock’s BUIDL fund as trading collateral

Fourteen protocols have committed over $161 million to Defi United’s rsETH 
recovery effort, with Compound the latest to join, proposing a contribution of 
1,900 to 3,000 ether worth $6.9 million pending a community governance vote. 
Key Takeaways: Compound proposed contributing between 1,900 and 3,000 ETH 
worth up to $6.9 million to Defi United’s rsETH recovery […]

Compound Joins Defi United, Proposes 3,000 ETH to Recover 16,776 ETH in Exploiter Positions

Young workers between 18 and 45 are the target audience for a new Bitcoin 
investment product quietly launched last month by Porvenir, the largest 
pension fund administrator in Colombia. Related Reading: XRP Signals Imminent 
Breakout — Is A 10% Rally Coming? The fund says it designed the offering 
specifically for people who want to diversify their retirement savings but 
have never had a regulated, simple way to do it. A Low Bar To Entry The 
minimum investment is COP100,000 — roughly $25. That figure alone separates 
this product from most institutional crypto offerings, which typically carry 
thresholds that exclude lower-income workers. Porvenir manages about 25% of 
Colombia&#8217;s total pension assets, and the country&#8217;s pension system covers 
around 60% of its working population, according to World Bank data. The 
numbers suggest the product&#8217;s reach could be significant over time. The fund 
does not buy Bitcoin directly. Instead, it routes investor money into 
BlackRock&#8217;s iShares Bitcoin Trust, known as IBIT, which tracks Bitcoin&#8217;s price 
and manages more than $50 billion in assets. That structure means account 
holders gain price exposure without needing to set up a crypto wallet, 
remember a private key, or worry about their holdings being hacked. Porvenir 
has been open about what the product does not do. It does not shield investors 
from price swings. If Bitcoin falls, so does the portfolio. Before anyone can 
put money in, a risk assessment must be completed to confirm they understand 
what they&#8217;re getting into. Not The Only Fund Moving This Way Porvenir is not 
the first Colombian pension manager to go this route. Protección and Skandia 
have already released similar products. Juan David Correa, president of 
Protección, said access to Bitcoin should be part of a long-term 
diversification approach rather than a way to chase short-term gains. The 
products at both firms are limited to voluntary pension plans — mandatory 
retirement savings are kept separate. The product was officially announced at 
the Asofondos Annual Congress in Cartagena in April 2026. Porvenir operates as 
the pension arm of Grupo Aval. Related Reading: Trump Memecoin Gala Leaves 
Crypto Battling Fresh Credibility Crisis Voluntary Accounts Only The Crypto 
Porvenir Portfolio sits within voluntary pension accounts, not mandatory ones. 
That distinction matters. Workers are not automatically enrolled or exposed to 
Bitcoin through their required contributions. Participation is a deliberate 
choice, subject to a screening process. Featured image from Unsplash, chart 
from TradingView

Bitcoin Enters Pensions: Millions Of Colombian Workers To Get Access

Ondo partners with Broadridge to let tokenized stock and ETF holders submit 
voting preferences and access governance documents.

Ondo adds voting access to tokenized stocks through Broadridge deal

The closure highlights vulnerabilities in global oil supply chains, 
potentially prompting strategic shifts in energy policies and market dynamics.
The post Strait of Hormuz closure strands 8M barrels of Saudi oil daily 
appeared first on Crypto Briefing.

Cryptocurrency price in GBP

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