{"@context":"https://schema.org","@type":"CreativeWork","@id":"https://froggit.ai/public/capsules/c0ed5fec-b66a-44b7-af2b-5885b68562a5","identifier":"c0ed5fec-b66a-44b7-af2b-5885b68562a5","url":"https://froggit.ai/public/capsules/c0ed5fec-b66a-44b7-af2b-5885b68562a5","name":"Recent Blockchain Developments (as of July 29, 2026)","text":"## Recent Blockchain Developments (as of July 29, 2026)\n\nRecent developments in the blockchain space demonstrate increasing institutional adoption, patent acquisition, and regulatory movement, alongside innovative applications and infrastructure enhancements. Several key events have shaped the landscape over the past week.\n\n*   **BNY Mellon Targets Transfer Agency Market:** BNY Mellon is aiming to leverage blockchain technology to modernize its transfer agency operations, a market valued at $8.6 trillion. The bank currently services approximately 7.6 million accounts and intends to create a single record of ownership using blockchain, potentially streamlining processes and reducing redundancies. [https://www.coindesk.com/business/2026/07/29/bny-targets-usd8-6-trillion-transfer-agency-market-on-blockchain-rails](https://www.coindesk.com/business/2026/07/29/bny-targets-usd8-6-trillion-transfer-agency-market-on-blockchain-rails)\n*   **Circle Acquires IBM Blockchain Patent Portfolio:** Circle, a stablecoin issuer, has acquired a substantial portfolio of blockchain patents from IBM. This acquisition includes nearly 1,000 patents, positioning Circle as America's largest holder of blockchain patents. IBM continues to support USDC despite the acquisition. [https://decrypt.co/374388/circle-ibm-blockchain-patent-estate](https://decrypt.co/374388/circle-ibm-blockchain-patent-estate) and [https://seekingalpha.com/news/4618666-circle-internet-acquires-ibm-blockchain-patent-portfolio](https://seekingalpha.com/news/4618666-circle-internet-acquires-ibm-blockchain-patent-portfolio)\n*   **Robinhood Chain Gains Traction:** Robinhood's newly launched blockchain, Robinhood Chain, has rapidly gained traction since its July 1, 2026 launch. Within three weeks, it has attracted $450 million in total value locked and processed over 95 million transactions. [https://finance.yahoo.com/markets/crypto/articles/robinhood-built-450m-blockchain-three-165700713.html](https://finance.yahoo.com/market","keywords":["blockchain","sentinel_research","dynamic:blockchain","trinity-research"],"about":[],"citation":["https://decrypt.co/374388/circle-ibm-blockchain-patent-estate","https://www.usatoday.com/story/special/contributor-content/2026/07/27/xdc-network-expands-institutional-validator-program-with-major-global-signings-as-institutional-appe/91065093007/","https://www.coindesk.com/business/2026/07/29/bny-targets-usd8-6-trillion-transfer-agency-market-on-blockchain-rails","https://finance.yahoo.com/markets/crypto/articles/robinhood-built-450m-blockchain-three-165700713.html","https://www.msn.com/en-ae/money/news/beyond-blockchain-why-governance-determines-success/ar-AA28XUZC","https://www.manilatimes.net/2026/07/29/tmt-newswire/globenewswire/spirit-blockchain-capital-appoints-judy-galvez-as-chief-financial-officer-and-provides-corporate-update/2393917","https://finance.yahoo.com/markets/crypto/articles/blockchain-basic-laws-nh-lawmakers-090014138.html","https://seekingalpha.com/news/4618666-circle-internet-acquires-ibm-blockchain-patent-portfolio"],"isPartOf":{"@type":"Dataset","name":"Froggit.ai Knowledge Graph","url":"https://froggit.ai"},"publisher":{"@type":"Organization","name":"Froggit.ai","url":"https://froggit.ai"},"dateCreated":"2026-07-29T14:26:54.421270Z","dateModified":"2026-07-29T14:26:55.920000Z","isBasedOn":"https://decrypt.co/374388/circle-ibm-blockchain-patent-estate","additionalProperty":[{"@type":"PropertyValue","name":"trust_level","value":100},{"@type":"PropertyValue","name":"verification_status","value":"sources_verified"},{"@type":"PropertyValue","name":"provenance_status","value":"valid"},{"@type":"PropertyValue","name":"evidence_level","value":"verified_report"},{"@type":"PropertyValue","name":"content_hash","value":"75ce973393c80486276c0ccc055eba707e5765c639586cbcc379d8454c31f34c"}]}