Hong Kong priced approximately HK$20 billion ($2.54 billion) in digital green bonds across four currencies. The transaction introduced tokenized HKD commercial bank deposits into primary issuance settlement. Investor subscriptions exceeded the amounts offered across all four tranches. HSBC Orion and the HKMA’s CMU connected digital issuance with established clearing infrastructure. Hong Kong’s latest digital green
The tokenized stock market cap has reached a new high of $3.9 billion, driven by notable assets from Ondo, xStocks, and Binance bStocks. As reported by crypto commentator Token Terminal, Ondo leads the pack with $992.3 million in assets. This surge could signify a growing interest in tokenization among investors and institutions alike. What Went
Following the volatility in the cryptocurrency market last week, investors are now focused on the critical economic data to be released this week. In particular, the Consumer Price Index (CPI), Producer Price Index (PPI), and retail sales data to be released in the US are expected to influence expectations regarding the Fed’s interest rate policy.
Wall Street closes at 4 p.m., but apparently that’s becoming more of a suggestion than a rule. You can now spend the evening watching Netflix and making leveraged bets on American semiconductor companies while the exchange where their shares trade is closed. Crypto has spent years making financial markets available at every hour of the
At the recent TOKEN2049 in Singapore, Nasdaq CEO Adena Friedman highlighted the significant potential for tokenization, which she says could unleash tens of billions of dollars in trapped capital. Financial assets, such as stocks and bonds, can be represented as digital tokens through tokenization, which can be transferred using blockchain technology. In an interview with
Tokenized stocks eligible for the SEC’s September exemption must carry equivalent shareholder rights, yet their trading venues can operate outside key Regulation NMS protections. Investors therefore need to examine both what the share represents and how their order is priced and handled. Market-data provider Douro Labs asked SEC staff in an October 9 submission for
“Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine,” said President Trump on Truth Social Sunday morning. “Both parties have agreed. Do not break it!” Reporting for Axios, Barak Ravid said Ukrainian President Zelensky told him, “The ceasefire announcement was news for me. But if Russians agree to an energy
Tokenized stocks are already delivering two of crypto’s long-promised benefits: round-the-clock trading and the ability to buy a fraction of a share. They are also markedly less liquid and more volatile than the conventional equities they track, according to a new International Monetary Fund (IMF) study. The IMF’s latest Global Financial Stability Report, titled Scaling
Musk Puts SpaceX’s Potential Beyond the Global Economy SpaceX could reach a valuation far beyond today’s global economy, CEO and Chairman Elon Musk argued on X on Oct. 8. Space Exploration Technologies Corp. (Nasdaq: SPCX) is a rocket, satellite communications, and artificial intelligence company. Musk wrote: “This will sound super crazy, but I see a