Market Digest

CW36. Ondo Finance launches tokenized U.S. equities on Ethereum for non-U.S. users, backed by regulated brokers. Coinbase unveils a new futures index combining top tech stocks, crypto stocks, and ETFs. Galaxy Digital tokenizes its equity on Solana via Opening Bell.

CW 35. Google Cloud announced GCUL, a permissioned blockchain aimed at financial institutions, sparking debate over decentralization. On Hyperliquid, ADL wiped out 80% of XPL open interest after a price spike. Binance futures saw a brief outage, quickly resolved in 20 minutes.

CW 34. BitMEX will migrate its infrastructure to AWS Tokyo for better performance, requiring minor user updates. MetaMask introduced mUSD, a native stablecoin for its ecosystem. Meanwhile, BNB’s institutional use sees mixed signals with Windtree’s delisting and China Renaissance’s $100M allocation.

CW 33. OKX cut OKB supply by 52%, aiming to boost its X Layer ecosystem. Monero is under a reported 51% attack, raising concerns over the network’s security. Meanwhile, Jupiter will stake up to $580M in SOL from its JLP pool to enhance yield, while maintaining liquidity safeguards.

CW 32. The SEC clarified that liquid staking services fall outside securities laws, offering more regulatory certainty. Meanwhile, crypto is now formally allowed in 401(k) plans by executive order. Coinbase also expands retail access with DEX trading in its app.

CW31. Bitget debuts Unified Account for integrated trading. Binance launches RWUSD, a principal-protected product tied to tokenized U.S. Treasuries. PayPal allows U.S. merchants to accept over 100 cryptocurrencies, signaling further real-world adoption of digital assets.