Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading
Tokenized stocks are drawing trading activity beyond Wall Street hours, while Bitcoin miners confront costly AI expansion and new accounting rules could…
Tokenized Tesla surges as Elon Musk unveils SpaceX-powered flying Roadster prototype
Volume in Hyperliquid’s Tesla contract hit $47 million in one hour after Elon Musk’s flying Roadster demo, up from $2.8 million, with U.S. stocks closed.…
Big pharma stocks near all-time highs as tech selloff pushes investors toward safer bets
Shares of AbbVie, Eli Lilly and Gilead Sciences are trading at or near record highs. Source:MarketWatch
Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain
Jeff Yan told Bloomberg that U.S. regulatory oversight should apply to the firms using the blockchain, not to the underlying network itself. Source:CoinDesk
Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline
The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.…
Australia seeks feedback on crypto platform rules ahead of 2027 rollout
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and…
EasyA hits $1.1 billion valuation, targets 2027 public listing and tokenized shares
The blockchain and AI developer platform has completed two years of audits and wants its shares available onchain from the first day of trading. Source:CoinDesk
Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption
Nasdaqlisted Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC's new framework, following a joint venture between…
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
The transaction shows how blockchainbased government bonds could help trading firms move collateral faster between settlement and financing. Source:CoinDesk
Most tokenized stock trading on Solana, BNB Chain occurs outside US market hours
Tokenized equities have reached nearly $3.3 billion in value as investors embrace roundtheclock access beyond Wall Street hours. Source:Cointelegraph
Options traders expect wild stock-market swings beginning later this month. Here are 4 things to watch.
After an eventful summer, U.S. stocks appear to have hit a pocket of calm. Over the past few sessions, trading volume has dwindled, while major indexes have…
Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week. Source:CoinDesk