Key Highlights Weekend trading volume for TradFi perpetual futures across crypto exchanges has risen sixfold to $28 billion, with Binance accounting for nearly half. Nasdaq and the SEC have identified major infrastructure challenges as traditional markets move toward continuous trading. Tokenized equities and blockchain-based settlement could preserve crypto’s advantage even as Wall Street adopts 24/7 ...
Robinhood Markets (NASDAQ: HOOD) shares tumbled more than 6% on Tuesday as a broad-based selloff swept across U.S. equities, interrupting a recent rally that had lifted the stock above the $120 level. HOOD Underperforms Broader Market Decline The stock opened near $111.72 and slid to an intraday low of $105.86 before paring some losses. At ...
Nasdaq Invests $100 Million in Kraken Parent Payward as Always-On Markets Push Tests Regulatory Boundaries Nasdaq’s venture arm has agreed to invest $100 million in Payward, the parent company of crypto exchange Kraken, marking a significant convergence between traditional exchange infrastructure and digital-asset venues. Announced Sept. 10, the deal includes Payward’s adoption of Nasdaq surveillance ...
Key Economic Data and Earnings Set to Drive Markets as Inflation Concerns Resurface Investors face a packed economic calendar this week with critical inflation readings, consumer sentiment data, and notable earnings reports poised to test market resilience amid renewed concerns over energy prices and monetary policy trajectory. Inflation and Labor Metrics Take Center Stage The ...
Nasdaq’s venture arm is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, in a deal that values the firm at $21 billion, according to a Bloomberg report citing people familiar with the matter. Partnership Extends to Tokenized Stock Distribution The investment extends a partnership originally struck in March. Under the arrangement, ...