Datavault AI (DVLT) shares plunged nearly 50% on Tuesday after a filing revealed that the company had been unable to withdraw bitcoin from crypto exchange Biconomy since June and would have to restate its financial results. The stock closed at $0.067, down 49.55%, with roughly… Read More
“Perpetual preferreds have brought bitcoin to income investors, a group that ETFs never reached,” said Mark Palmer, a senior equity research analyst at StoneX. Ryan Rasmussen, the head of research at Bitwise, also sees the products attracting buyers who might avoid bitcoin exchange-traded funds, though… Read More
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.
Tenev told CNBC’s “Squawk Box” on Wednesday that public companies shouldn’t have veto power over third-party securities that reference their shares.
Adam Aron said synthetic AMC shares could divert demand from the actual stock and strip investors of shareholder rights, drawing support from some tokenization executives.
Japan’s regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.
