Tokenized stocks traded almost as much over the Labor Day weekend as they did on Friday, when U.S. exchanges were open, according to volume data from CoinGecko covering the 42 largest tokens across the four platforms that carry most of the sector’s activity. Weekend and holiday sessions are the functional case for putting equities onchain.
ARK Investment Management has asked the U.S. Securities and Exchange Commission for permission to issue a share class of its venture fund whose ownership is recorded using distributed ledger technology, according to an application on file with the agency. The SEC published notice of the request on Aug. 24 and set a Sept. 18 deadline
A recent tweet by crypto commentator Ran Neuner highlights an intriguing event in the crypto space. Neuner reported receiving over $1,000 in AAPL tokenized stock after purchasing a small amount of a memecoin linked to Apple stock. This incident reflects the growing trend of integrating traditional equities with cryptocurrency, paving the way for new investment
In a recent episode titled ‘Solana is Global’, Rene Michau from Standard Chartered discusses the future of tokenization and stablecoins. This conversation, which explores the digital asset infrastructure emerging from Dubai, underscores the growing importance of these technologies. Insights from this episode could shape trader strategies moving forward. What Happened The crypto landscape is currently
Italy has proposed waiving fees on digital euro payments below €10 as European Union officials negotiate rules for the currency’s rollout. The proposal would cap merchant fees at €0.02 per transaction, although negotiators could reduce the charge to zero, according to an EU diplomat. The move could lower costs for small purchases and make the
Castle, the company behind an automated bitcoin financial stack for businesses, has said it is opening its platform to individuals, bringing its high-yield product to personal accounts along with a first for the category: the option to take dividend income in bitcoin at whatever ratio the customer picks. The yield comes from STRC, Strategy‘s perpetual
Traders scanning the order books got a surprise when Solana’s tokenized stock recorded an impressive $32.1 million in trading volume over the past week. This figure dwarfs the $4.1 million seen in the VIDA stock traded on the NYSE, indicating a strong interest in meme stock pairs. The information surfaced from a tweet by @SolanaFloor,
A recent tweet from crypto commentator Ran Neuner has sparked interest in pairing memecoins with $STRC. The concept could provide an innovative trading avenue, as Neuner suggests that if successful, this pairing might lead to significant benefits for holders. The idea raises questions about how such a move could influence supply dynamics and market interest
Robinhood’s tokenized $AMC product briefly traded far above the referenced stock during the U.S. Labor Day weekend, prompting a fresh test of whether activity on Robinhood Chain can move real equity markets. IOSG researcher Mario Chow reported on Sept. 7 that the token reached $18.04 after $AMC Entertainment shares closed at $2.54 on Sept. 3.
In the cryptocurrency market, the actions of major players have been making headlines lately, as much as price movements. Bitcoin climbed back above $82,000 last week, but Friday’s US employment data created significant selling pressure on the market. The data, which came in much higher than expected and showed the unemployment rate remaining stable, strengthened