Securitize builds Wall Street credentials with SEC adviser license as tokenization expands
The license broadens the BlackRock tokenization partner's offering as regulators weigh rules for onchain investment products. Source:CoinDesk
Crypto is rewriting how Wall Street traders spend their weekends
Aroundtheclock crypto markets are forcing Wall Street to reevaluate one of its oldest assumptions: that weekends are for waiting. Source:CoinDesk
Circle buys nearly 1,000 blockchain patents from IBM
The portfolio covers blockchain technology, banking, insurance, and cloud security, though the financial terms of the deal were not disclosed. Source:CoinDesk
Strategy sells MSTR shares, buys back $25M in STRC preferred stock
Strategy raised $544.5 million through MSTR stock sales as it repurchased $25 million of STRC shares and expanded its US dollar reserve to $3.75 billion.…
Michael Saylor's Strategy boosted cash reserve to $3.75 billion, repurchased $25 million of STRC
The company last week raised $544.5 million in cash via sales of its common stock. Source:CoinDesk
Bitcoin options traders are dropping their hedges going into the Fed meeting
The put/call ratio has fallen to about 0.52 from 0.76 in late June, and oneweek downside protection has collapsed in price. The options market is positioned…
He brought AI to Wall Street in 1994 — but won’t trust ChatGPT with his money
Vasant Dhar built one of the first AIdriven hedge funds. Here’s what he wants investors to know about the technology. Source:MarketWatch
Is your AI data-center stock vulnerable to voter backlash? Use this 5-part test to find out.
Anger over soaring electricity bills is separating winning utility stocks from the losers. Source:MarketWatch
Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses
The vast majority of the activity was concentrated in BlackRock’s IBIT product accounting for nearly $415 million of the outflows. Source:CoinDesk
Coinbase CEO Brian Armstrong criticizes crypto startups that rebrand to AI
Armstrong said blockchain technology acts as a generalpurpose infrastructure that will underpin future automation rather than competing with it. Source:CoinDesk
Fivefold increase for Chinese chip maker CXMT in Shanghai debut
CXMT closed its first day of trading with a market capitalization of $85 billion Source:MarketWatch
Brazilian police bust cocaine traffickers in crypto-linked transnational probe
Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through cryptoenabled illicit money…