Crypto and traditional finance are moving closer than ever. From Franklin Templeton tokenizing ETFs to Fannie Mae exploring crypto-backed mortgages, this week’s developments point to accelerating adoption and a shrinking divide between TradFi and DeFi.

We break it all down, including a new push to bring tokenized deposits to banks with Matter Labs CEO Alex Gluchowski, a deeper dive into the SEC’s latest guidance on crypto transactions with Crypto Task Force Chief Counsel Taylor Lindman, and a growing effort to mobilize crypto voters ahead of the midterms with Stand With Crypto's Executive Director Mason Lynaugh.