The Hong Kong Monetary Authority (HKMA) has launched a framework to assess banks’ preparedness for quantum-computing threats as the city expands its use of tokenized deposits, digital assets and blockchain settlement. On Monday, the HKMA introduced a white paper on quantum preparedness and the sector’s first Quantum Preparedness Index (QPI). The index gave the sector
Crypto Treasury Firms Chase AI Gains as Investor Enthusiasm Fades The collapse of the crypto treasury trade is pushing struggling public companies toward the market’s newest source of investor enthusiasm: artificial intelligence. According to a new Bloomberg report, at least a dozen digital-asset treasury (DAT) firms have shifted into AI-related ventures in recent months as
The companies announced the partnership on Monday under the name K-Stock Global Gateway. It combines Siebert’s U.S. brokerage infrastructure with Kakao Pay Securities’ reach inside South Korea, where the firm holds roughly 9 million stock accounts. Tokenization Takes Aim at the Clock The core problem the partnership targets is time. South Korean and U.S. markets
Robinhood Markets will hold an “IPO Roadshow” on August 3rd for its new venture fund, Robinhood Ventures Fund II (RVII). Instead of keeping the pitch behind closed doors for institutional buyers, it’s streaming the whole thing on its app and on YouTube. RVII’s pitch rests on a single name: Y Combinator. The fund plans to
In brief The odds that the Fed pushes for “no change” on interest rates has fallen sharply on prediction markets in the last 24 hours. The odds of a quarter-point Fed rate hike have jumped: up almost 10% on Polymarket, and around 8% on Myriad. Fed-funds futures put the probability of an increase at 38.8%
US President Donald Trump reiterated his call for the Federal Reserve to cut interest rates, saying the US should have the lowest interest rates in the world. Accusing members of the Fed’s board of governors of acting “politically,” Trump stated that Kevin Warsh also had to work with other board members in the decision-making process.
Tokenized stock adoption nearly doubled over the past month as Robinhood attracted hundreds of thousands of retail holders, although Ondo continued to lead the sector by asset value. Tokenized stock holders rise 92% in one month Tokenized equity platforms reached 752,000 holders after their combined count increased 92% within 30 days, according to data shared
A politically themed America First ETF acquisition just reshaped one of the more unusual corners of U.S. asset management. On July 27, 2026, Yorkville America Equities announced the completion of its acquisition of the Point Bridge America First ETF, folding the fund into the Truth Social Funds family and relaunching it under a new name
Crypto trading platform Uphold said it cut roughly 17% of its global workforce as it reallocates resources toward its fast-growing enterprise business. Eight five people in total were affected by the cuts, and this included permanent staff and contractors. The layoffs, which hit employees across multiple regions, were driven by a strategic decision to double