SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. Source:CoinDesk
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source:CoinDesk
Kraken lets traders use tokenized stocks as collateral for leveraged trades
Eligible users can now use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their holdings. Source:Cointelegraph
Bitcoin jumps above $63,000, reversing end-June losses
The token hit its highest in over a month during thin July 4 trading, with XRP up 5% in 24 hours to lead gains among majors. Source:CoinDesk
UK's bold new crypto rules promise to unlock global trading, but huge compliance hurdles still threaten the rollout
The U.K. FCA's crypto framework has been praised for prioritizing global liquidity and institutional adoption, but the authorization process is expected to be…
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the rublebacked token's volumes have fallen sharply…
Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
The protocol completed a multistage recovery that included an independent security review. The TAIKO token has surged as much as 136% in recent trading.…
Robinhood links with dYdX Labs to launch new DEX Arcus
The crypto protocol dYdX has rebranded as Arcus and is joining Robinhood’s new blockchain to bring perpetual and tokenized stock trading. Source:Cointelegraph
5 charts showing how ‘dumb money’ is transforming the stock market, as retail traders smash Wall Street records
Retail trading activity set records in May and June — and the propensity of that cohort to buy the dip has looked pretty smart. Source:MarketWatch
Is the stock market open on Friday, or will it close early for the Fourth of July?
Since Independence Day falls on Saturday this year, here’s what to know about trading hours and mail delivery Source:MarketWatch
MetaMask launches Money Account with stablecoin yield and spending in one wallet
The launch reflects a broader push to make stablecoins more useful beyond trading and transfers. Source:CoinDesk
With the yen at a 40-year low, here’s when Japan could intervene to catch the market off balance
Japan’s central bank may look to exploit low trading volumes over the U.S. holiday to push its currency higher. Source:MarketWatch