Key Takeaways: Robinhood rejected AMC CEO Adam Aron’s demand to stop trading AMC-linked stock tokens. The tokens can offer stock exposure without granting stockholder rights, according to AMC. Ongoing regulatory…
tokenized
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Key Takeaways: Alkemya Metacore has raised a new record amount via a token sale on Bitfinex Securities of $50 million. Other ALKN tokens will stay available to qualified investors through…
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Crypto Currency
Bitwise Launches $9B Tokenized Stock Portfolios With Self-Custody and Auto-Rebalancing
Key Takeaways: Bitwise unveils ATPs for tokenized U.S. stock portfolios. Bitwise is backed by $9B in client assets as it expands its onchain investing. Three portfolios are focused on AI,…
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Coinbase’s tokenized US stocks went live on Base Monday, alongside a Chainlink integration providing price data to support their use across decentralized finance applications. Chainlink Data Feeds will provide continuous…
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The number of tokenized stock holders has more than doubled over the past month to 1.31 million, according to RWA.xyz data. Monthly transfer volume surged nearly 180% over the same…
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Crypto exchange Kraken has begun accepting select tokenized stocks and exchange-traded funds (ETFs) as collateral for futures and margin trading, allowing eligible users to open leveraged positions without selling their…
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Crypto Currency
Ondo Brings $1.67B Tokenized Securities Boom to the U.S. With Full Onchain Voting Rights
Key Takeaways: Ondo launched the first third-party tokenized U.S. securities under the SEC’s custodial framework. Shares will be issued to the token holders in exchange for their token, which will…
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DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer where tokenized stocks are trying to become DeFi collateral. Edel said no depositor would bear losses, and the…
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Crypto Currency
SpaceX tokenized stock bets top $50M in liquidations as crypto leverage reaches Wall Street
SPCX has already turned SpaceX’s post-debut volatility into a crypto-native liquidation event. SpaceX-linked perpetual contracts exceeded $50 million in 48-hour liquidations as the underlying stock tested its $150 Nasdaq opening…
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SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Nasdaq at $150 Friday morning. By…
