Key Highlights Bitcoin surged 4.7% in 24 hours to reclaim the $80,600 level on Binance, triggering $198 million in leveraged liquidations—$190 million of which were short positions. Major altcoins outperformed Bitcoin, with Arbitrum (ARB) jumping 29%, Near Protocol (NEAR) rising 26%, Uniswap (UNI) gaining 20%, and Aptos (APT) climbing 18%. The rally coincides with the ...
Key Highlights Bitcoin surged 4.7% in 24 hours to reclaim the $80,600 level on Binance, triggering $198 million in leveraged liquidations—$190 million from short positions alone. Altcoins outperformed Bitcoin with double-digit gains: Arbitrum (+29%), Near Protocol (+26%), Uniswap (+20%), and Aptos (+18%) led the rally. The SEC announced a five-year “novelty waiver” permitting tokenized stock ...
Key Highlights The SEC has introduced an exemption allowing qualifying venues to operate Tokenized Securities Venues (TSVs) where tokenized stocks trade via blockchain-based liquidity pools and smart contracts instead of traditional order books. The framework enables banks, brokers, and crypto firms to experiment with a new market structure for regulated U.S. equities while maintaining regulatory ...
Solana DeFi Growth Accelerates as Tokenized Stock TVL Hits $87.4 Million Solana is making significant strides in the decentralized finance sector, with its total value locked (TVL) in tokenized stocks reaching $87.4 million, according to data highlighted by CryptoTwitter commentator @tokenterminal. This marks a substantial increase from previous levels and signals burgeoning interest in tokenized ...
Binance bStocks Surpass $500 Million AUM as Exchange Doubles Down on Community-Driven Development Binance has announced a significant milestone for its tokenized stock product, bStocks, which has now surpassed $500 million in assets under management. The achievement comes alongside a series of new feature announcements that underscore the exchange’s strategic pivot toward deeper community engagement ...
Robinhood plans to allow holders of its Stock Tokens to redeem them for actual shares and exercise voting rights on those shares, according to the company’s crypto chief. Johann Kerbrat, senior vice president and general manager of international and crypto at Robinhood, outlined the roadmap in a post on X Monday morning. Roadmap Announced on ...
Robinhood CEO Vlad Tenev argued Friday that companies should not hold veto authority over tokenized stock products that leave shareholder rights, issuer obligations, and official stock ledgers unchanged. In a post on X, Tenev framed the issue of issuer consent around whether a tokenized product alters the rights attached to underlying shares or creates new ...
AMC CEO Adam Aron Challenges Robinhood’s 1:1 Stock Token Backing Claims AMC Entertainment CEO Adam Aron has publicly questioned whether Robinhood’s stock tokens maintain true one-for-one backing if the underlying shares are lent to short sellers. In a series of posts on X dated Sept. 12–13, Aron directed pointed questions to Robinhood CEO Vlad Tenev ...
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, ...
Pump.fun, the Solana-based platform known for streamlined token creation and memecoin trading, appears to be broadening its scope. On-chain data reveals the emergence of new trading pairs linked to traditional equities, signaling a potential pivot toward tokenized stock exposure. Stock-Linked Pairs Surface on Pump.fun Blockchain analytics indicate that currency pairs referencing stock prices have begun ...
xStocks Issues $790.9 Million in Tokenized Assets, Signaling Institutional Shift to Blockchain Finance xStocks has executed a significant issuance of $790.9 million in tokenized assets, according to data reported by Token Terminal. The offering comprises $779.9 million in tokenized stocks and $11 million in tokenized commodities, underscoring a growing institutional appetite for digital asset classes ...
Robinhood Chain processed a record 5.52 million transactions on Aug. 30 as decentralized exchange activity and tokenized stock trading reached new highs. DEX volume on…