Ondo Finance has hired former Invesco ETF executive and Grayscale managing director John Hoffman to expand its tokenized investment products beyond stocks and Treasury notes. Hoffman joins the firm as managing director and head of product portfolios after serving as head of distribution and partnerships at Grayscale Investments, best known for its digital asset funds.
The debate over Strategy’s (MSTR) recent dilutive transaction resurfaced, this time featuring Strategy Executive Chairman Michael Saylor and Strike and Twenty One Capital (XXI) CEO Jack Mallers, on Wednesday at BTC Prague, as the two weighed in on how investors should assess the company’s increasingly complex capital structure. Mallers asked Saylor how he defines multiple-to-net
Advisors to some of the largest financial institutions are taking more of an interest in stablecoins and tokenization than in Bitcoin, which could help pull crypto out of its current slump, said Bitwise investment chief Matt Hougan. Hougan said in a note on Wednesday that he recently spoke with more than 40 advisors who were
A tokenized SpaceX IPO offering on Bitget Wallet attracted $13 million in commitments within 30 minutes this week, highlighting growing demand for onchain access to some of the world’s most sought-after private and public market opportunities. The offering initially launched with a $3 million allocation through xStocks, but demand quickly exceeded available supply. Bitget Wallet
According to a new report from Morgan Stanley, global AI‑related debt issuance is set to top $570 billion in 2026, which would mark one of the biggest corporate borrowing sprees ever. The prediction reflects a notable demand for capital as tech firms scramble to build AI data centers and buy advanced chips. Morgan Stanley says
Argentina’s securities regulator has expanded its tokenization framework to cover a much broader range of securities, potentially creating new avenues for smaller companies and alternative financing vehicles to raise capital through blockchain-based infrastructure. The National Securities Commission (CNV) announced on 10 Jun the approval of a resolution allowing securities issued under various automatic public-offering regimes
Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating
SpaceX’s record-breaking IPO is vacuuming up billions of dollars from eager investors, leaving crypto traders to watch for the capital rotation that often follows Musk-driven market frenzies. The phenomenon is not new: when Elon Musk’s ventures capture the public imagination, risk capital tends to chase the narrative, and digital assets can quickly fall out of
Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. The company also raised its full-year profit outlook, while keeping its fiscal 2027 revenue target unchanged. However, Oracle shares fell 5% in extended trading after the company detailed new financing plans for AI infrastructure. Oracle beats earnings and revenue estimates Oracle reported adjusted
Cathie Wood has maintained sizable positions in crypto-linked stocks through her flagship ARKK fund even as roughly $3 trillion has been wiped from the S&P 500 since its June 2 peak, according to data cited by The Kobeissi Letter. According to the latest portfolio disclosure from Ark Invest, the firm’s flagship Ark Innovation ETF (ARKK)