We’re so back! It’s been a while with Evercode Lab Monthly Crypto News Digest, but we are thrilled to get back to you with the latest updates from across the crypto market!
In this edition, we’re looking at some of the biggest crypto developments from July, including Ethereum’s strong performance, the continued growth of RWA tokenization, MiCA’s latest regulatory milestone, and major investments in Web3 infrastructure.
And before we dive in, a quick friendly reminder: at Evercode Lab, we build white-label crypto wallets, exchanges, asset management platforms, and other Web3 products that help businesses bring new ideas to market faster.
Ethereum Outpaces Bitcoin as ETF Flows Return
Ether rose by around 11% over seven trading sessions by July 16, while Bitcoin gained approximately 4.2% over the same period.
US spot Ether ETFs recorded about $96 million in net inflows during July 13-15, exceeding the $84 million collected throughout the previous week. Most of the money was concentrated in BlackRock’s products – ETHA received $45.3 million and ETHB $4 million on July 15.
CoinDesk identified ETF demand as one of two factors supporting ETH. ETF demand was an important driver, but it wasn’t the only one. CoinDesk also pointed to growing activity on Robinhood Chain, where ETH is used for gas fees.
MiCA’s Final Transition Period Ends in Europe
Europe reached an important MiCA deadline on July 1, 2026. MiCA itself was already fully applicable from December 30, 2024, but some companies that had previously operated under national rules were given additional time to obtain authorization.
That transition period has now ended. ESMA said crypto service providers without the required authorization should stop accepting new EU clients, end marketing activities, and begin an orderly wind-down of their services.
The new regulatory framework is already reshaping the European crypto market. On July 6, Ripple announced that it had received a full Crypto Asset Service Provider license from Luxembourg’s CSSF, allowing it to provide regulated crypto services across the European Economic Area.
For businesses, MiCA creates a more consistent European framework, but it also makes licensing, custody, AML controls, and customer protection essential parts of product development.
RWA Tokenization Expands Into Traditional Markets
The real-world asset tokenization (RWA) market continued to grow in July.
According to OriginBrief, citing DefiLlama data from July 11, the sector included around $26.9 billion in active assets and $29.1 billion in on-chain market capitalization across 181 issuers.
Another notable development was the partnership between Dinari and tZERO, aimed to help broker-dealers offer tokenized US equities. The framework combines Dinari’s dShares technology with tZERO’s regulated brokerage, custody, clearing, settlement, and shareholder services.
The partnership reflects the growing maturity of the RWA market. Tokenization is becoming less about simply representing assets on a blockchain and more about building reliable infrastructure that allows regulated financial products to be issued, held, and traded on-chain.
Investment in Web3 Infrastructure Continues
On July 7, EDX Markets announced a $76 million Series C round led by Japanese financial group SBI Holdings. EDX operates an institution-only digital asset marketplace together with a central clearinghouse.
The company plans to use the funding to expand its trading, clearing, and settlement services, develop new products, and grow internationally. EDX has also applied to establish EDX Trust, a proposed US national trust bank focused on digital asset custody, settlement, clearing, and risk management.
Vanguard is also expanding its digital asset capabilities and its digital asset expertise. The asset manager recently advertised for a Head of Digital Assets to lead its work across tokenization, stablecoins, wallets, custody, and blockchain-based settlement.
These developments show that established financial companies are continuing to explore how blockchain technology can support trading, payments, custody, and other financial services.
Citadel Securities Invests $400 Million in Crypto.com
Citadel Securities made one of the week’s largest crypto investments, committing $400 million to Crypto.com.
The deal valued Crypto.com at $20 billion and marked the exchange’s first institutional funding round since it was founded ten years ago. Crypto.com said the capital would support its expansion into additional asset classes, including tokenized securities and derivatives.
“The convergence of traditional financial markets and digital asset infrastructure is an exciting evolution with the potential to further improve market efficiency,”
said Jim Esposito, President of Citadel Securities.
Citadel Securities is a global market maker rather than a traditional crypto venture fund. Its direct investment in an exchange is therefore another sign that established financial companies are taking a deeper interest in crypto trading and tokenization infrastructure.
That’s a Wrap for This Month
July brought important developments across the crypto industry, from growing ETF demand and the expansion of RWA tokenization to regulatory milestones in Europe and continued investment in Web3 infrastructure.
Keeping up with these trends is essential for understanding where the industry is heading next. Thanks for reading our July crypto roundup.
Stay tuned to Evercode Lab for more insights from the world of crypto and Web3, and discover how our white-label solutions can help you build and launch reliable digital asset products faster.