Japan targets early 2030s launch for blockchain-based stock and bond settlement system
Japan’s regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.
Stock
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Trading volume for tokenized stocks and ETFs surged 288% to a record $11.3 billion in July, though most of the increase came from a single Binance-linked token. Binance bStocks accounted for $9.41 billion, or 83.3% of the total, according to CoinDesk Data’s latest Stablecoins &… Read More
Securitize (SECZ) takes $295M of its own tokenized stock to Solana, Avalanche amid NYSE debut
The opportunity has drawn growing interest across Wall Street. Citi projected that tokenized securities could reach $5.5 trillion by 2030, while Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033. “We have long said that public equities are moving… Read More
Crypto exchanges are morphing into stock brokerages to stop capital from fleeing to Wall Street
A significant transformation is currently underway across the established cryptocurrency market. The top crypto exchanges are morphing into multi-asset financial platforms, breaking down the traditional barriers that once kept crypto and Wall Street completely apart. Crypto exchange OKX rolled out 13 new “X-Perp” markets for… Read More
SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg
The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.
The U.S. stock market is getting close to dot-com bubble peak valuations
The Shiller cyclically adjusted price-to-earnings ratio for U.S. stocks is nearing the 1999 peak seen during the dot-com bubble.