News linked to both this project and an event.
According to Odaily, SpaceX's stock price has recently been fluctuating within a narrow range, but a new wave of buying may arrive soon as the Nasdaq 100 Index undergoes its quarterly rebalancing later this month. Due to lock-up restrictions, SpaceX has a relatively low proportion of freely floating shares, which currently gives it a weight of only 1.25% in the Nasdaq 100 Index, ranking 19th. Despite its market capitalization exceeding $2 trillion, placing it sixth among the index's constituents.Following the next index rebalancing, SpaceX's weight is expected to increase. The adjustments will be announced after the market close on Friday and take effect on September 21. This is partly because more than 1 billion shares have already been unlocked, raising SpaceX's free-float shares from less than 10% of total shares outstanding shortly after the IPO to nearly 30%.According to a report released Tuesday by J.P. Morgan Securities strategists including Min Moon, SpaceX's weight could rise to 1.51% after the rebalancing, which would trigger approximately $12.4 billion in passive net buying of SpaceX shares by index funds and ETFs. Nasdaq data shows that as of the end of the second quarter, approximately $1.7 trillion in assets were tracking the Nasdaq 100 Index, including the Invesco QQQ Trust Series 1 exchange-traded fund, widely known by its ticker QQQ.
Goldman Sachs, Bank of America, JPMorgan Chase, and 18 other institutions have announced the formation of a new company, planning to issue a regulated US dollar stablecoin in the first half of 2027, followed by an expansion to other G7 currencies such as the euro.
According to CriptoNoticias, data from El Salvador's National Digital Assets Commission (CNAD) shows that 233 new tokens were registered in the country's digital asset market in 2026, with 182 concentrated between July and August, accounting for 78.1% of the annual total. The registered assets encompass tokenized stocks of tech giants including Apple, Microsoft, Nvidia, Amazon, Alphabet, and Meta, alongside financial institutions such as JPMorgan Chase, Bank of America, Visa, and Mastercard. The list also features consumer brands like Walmart, Netflix, McDonald's, and Coca-Cola, as well as tokenized versions of indices and assets such as the S&P 500, NASDAQ 100, gold, and U.S. Treasury bonds. Major issuers include MIO 3 MARKETS 1 (101), Monetae Securities (70), and NexBridge Digital Financial Solutions (27). Additionally, 35 tokens originate from local Salvadoran enterprises, covering corporate bonds, commercial paper, real estate financing instruments, and venture capital agreements.
According to Chaowang Research, JPMorgan’s August 28 research report states that OpenRouter platform token volume increased 47% month-over-month and 28 times year-over-year in August, while expenditure rose 7% month-over-month and 12 times year-over-year; the volume-weighted average price decreased 28% month-over-month, with low-priced models such as GPT-5.6 Luna accounting for approximately 99% of the incremental volume. In the GPU rental market, A100 prices remained flat at $1.65/hour, H100 rebounded to $2.73 (+1.2%), and B200 fell 1.5% month-over-month to $5.63, marking the first monthly decline since the index was published in September 2025. DRAM spot prices have risen for five consecutive months, with DDR5 16Gb reaching $50.20 (+6% month-over-month, +880% year-over-year); NAND ended a four-month downward trend, with 1Tb quoted at $30.50 (+14% month-over-month, +470% year-over-year). JPMorgan observes that AI computing demand continues to expand, yet structural shifts on the supply side are reshaping pricing dynamics. Closed-source and open-source models are growing in tandem, with lower-priced models gaining market share while higher-priced models drive the majority of revenue. The price reduction for B200 reflects increased capacity for next-generation GPUs, while the rebound in H100 pricing demonstrates sustained demand resilience for the preceding generation. With both DRAM and NAND showing strength, the ongoing crowding-out effect of HBM on DRAM capacity continues to provide positive support to semiconductor equipment suppliers.
According to Bloomberg, insiders revealed that JPMorgan has initiated preliminary discussions with potential lenders to secure a $5 billion debt financing package to support Volta Infra Holdings Ltd. in constructing artificial intelligence data centers. Earlier this month, Volta AI completed a $300 million venture capital funding round at a valuation of $2.4 billion, with the goal of enabling more technology firms to access costly AI chip resources.
Odaily News, Justin Sun stated at the Bitcoin Asia 2026 conference in Hong Kong that the threat of quantum computing to blockchain and the entire financial system is widespread, with traditional banks such as JPMorgan facing the same risks. Due to the highly decentralized nature of the Bitcoin community, which involves multiple participants including miners, exchanges, and WBTC, reaching a quantum-resistant consensus will take a considerable amount of time. Justin Sun stated that TRON has been researching quantum-resistant mechanisms over the past year, having released a quantum-resistant address solution and launched it on the testnet in the first half of this year. The project plans to upgrade the entire network into a mainstream crypto network with quantum-resistant capabilities by the end of this year.
JPMorgan Chase and Santander will lead financing of up to $15 billion for Argentina's liquefied natural gas project.
According to TechFlow Research, JPMorgan Chase's August 17 research report pointed out that chip manufacturers' capital expenditures continue to be raised, and equipment vendors' WFE outlooks are revised upward in tandem. TSMC raised its 2026 capital expenditure to $60 billion to $64 billion (+52%), Intel raised it to $20 billion (+11%), and SK Hynix plans 40 trillion Korean won (+45%). Tokyo Electron raised its 2026 WFE outlook to over $150 billion and over $190 billion in 2027, with gross margin expected to reach 50% by early fiscal 2027. Screen Holdings expects 2026 WFE growth to exceed 20% (at least $140 billion). AXT is shifting InP substrate capacity to 6-inch, having received requests for five-year contracts from customers and significant prepayments, with prices expected to rise from 2026 to 2027. Storage LTA coverage is accelerating; Samsung plans to bring 60% to 70% of capacity under LTA, SK Hynix has signed 10 contracts, and SanDisk has signed 8 contracts. The research report concludes that signals from four directions all point to the semiconductor equipment and materials cycle shifting from volume expansion to a dual drive of volume and price. Japanese semiconductor and technology material companies are expected to become major beneficiaries.
According to CoinDesk, Mitsubishi UFJ Financial Group (MUFG) announced plans to utilize the Canton network to conduct a proof of concept for on-chain trading of Japanese Government Bonds (JGB) to achieve real-time 24/7 settlement, replacing the traditional settlement process requiring 1 to 3 days. MUFG stated that this move aims to enhance the operational and capital efficiency of repo transactions, noting that European and American financial institutions have already expanded proof of concept projects in this field, with JPMorgan Chase's Kinexys network having supported blockchain-based intraday US Treasury repo operations since 2020. MUFG pointed out that Japanese Government Bonds are widely used as collateral for repo transactions by domestic and international market participants due to their high credit ratings and liquidity, and the trend towards on-chain adoption is accelerating. Additionally, MUFG has previously partnered with Sumitomo Mitsui Financial Group (SMBC) and Mizuho Financial Group to explore the joint issuance of stablecoins by March 2027; this JGB on-chain settlement test is a significant component of its blockchain strategic layout.
Odaily News: Standard Chartered initiated coverage on Monday of blockchain oracle project Chainlink, projecting LINK to reach $200 by the end of 2030 — roughly 25 times its current price of around $8. The bank's phased targets are $13 by the end of this year, followed by $41, $82, and $133. Standard Chartered estimates that the on-chain tokenized asset market will reach $4 trillion by the end of 2028, with DeFi-deployed assets hitting $2.7 trillion by 2030 — a 37-fold increase from current levels. The bank expects Chainlink fees to grow approximately 25-fold over the same period, assuming token prices track fee growth. Chainlink secures over $110 billion in total value, covering approximately 70% of the value that global DeFi relies on from oracles, with a share exceeding 80% on Ethereum; Aave V3 accounts for 44% of that. Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and S&P Global are all listed as institutions using its services. Chainlink still lags behind LayerZero in cross-chain interoperability. Following the $292 million attack in April, over $7 billion in token value has migrated to Chainlink CCIP, with second-quarter transaction volume reaching $4.9 billion — up 353% year-over-year. Risks include slowing institutional tokenization, pilots not converting to production processes, and technical failures impacting confidence. (Decrypt)
Odaily News: Major U.S. financial institutions continue to advance on-chain operations. JPMorgan is tokenizing ETF holdings through a production pilot with the Depository Trust & Clearing Corporation (DTCC), with over 50 companies including BlackRock and Goldman Sachs already connected to the same infrastructure for tokenizing equities and U.S. Treasuries. BlackRock's CEO stated that tokenization is a way to "update the plumbing of the financial system." Bullish Exchange's Head of Clearing and Group Risk, Randi Abernethy, testified before the U.S. House Financial Services Subcommittee regarding the CLARITY Act in July 2026.
According to TechFlow Research, JPMorgan's August 6 research report cites LightCounting's latest forecast that the data communication market CAGR from 2025 to 2030 will reach 28%, with the scale increasing from $20 billion to over $70 billion. 1.6T products are the largest growth driver, with a CAGR of about 120%, contributing about $40 billion by 2030. After the NPO/CPO market is included in the addressable market calculation, it will exceed $18 billion by 2030, accounting for more than 25% share of the data center communication market. The telecom and data center interconnect market CAGR is 18%, reaching $9 billion by 2030. In terms of short-term financial reports, JPMorgan believes COHR has the highest earnings certainty, with revenue and profit margins expected to continue improving; market concerns over LITE are excessive, with valuation corresponding to only 22x 2028 EPS, leaving room to exceed expectations; FN needs September quarterly guidance to boost confidence. In terms of customer landscape, Google is expected to become the largest optical component purchaser by 2030, and Meta will lead NPO/CPO deployment. For Nvidia, short-term share rebounds to 25% due to 1.6T, but long-term share is expected to drop from 18% to 12%.
Hong Kong-licensed cryptocurrency exchange HashKey Exchange has received approval from JPMorgan to open client fund accounts. HashKey Holdings stated that the account will support client fund segregation and settlement through JPMorgan's banking infrastructure. HashKey Exchange activated a client fund account with Singapore's DBS Bank on June 30, supporting fiat currency deposits, withdrawals, and settlement services. HashKey Holdings merged the previously independent HashKey Exchange and HashKey Global applications into a single entry point one week ago. HashKey Holdings was listed in Hong Kong in December last year, having raised $206 million through an oversubscribed initial public offering.
Bybit today added 6 US stock perpetual contracts: UnitedHealth Group (UNHUSDT), General Electric (GEUSDT), JPMorgan Chase (JPMUSDT), Gilead Sciences (GILDUSDT), Amgen (AMGNUSDT), and Regeneron Pharmaceuticals (REGNUSDT), supporting up to 25x leverage.
According to The Block, the JPMorgan analyst team (led by Managing Director Nikolaos Panigirtzoglou) released a report on July 30 stating that the probability of the "Clarity Act" (Crypto Market Structure Act) passing in the US Senate within the year has dropped to a historic low. The Kalshi prediction market shows a passing probability of only 37%, while Polymarket is even lower at 26%. Analysts pointed out that disagreements on core issues such as ethical provisions, enforcement standards, stablecoin yields, decentralized finance, and illicit finance remain unresolved. Voting is expected to be difficult to complete before the Senate summer recess, and may be postponed until after senators return in mid-September.
According to CoinDesk, Project Agorá, led by the Bank for International Settlements (BIS), recently completed a cross-border payment test with real funds. Participants included 28 commercial banks such as JPMorgan Chase, Citigroup, UBS, Deutsche Bank, and Standard Chartered, as well as five central banks. The test processed approximately $1 million (about 800,000 Swiss francs) in real transactions, covering six currencies: the US dollar, euro, pound sterling, Japanese yen, Swiss franc, and South Korean won. The test utilized tokenized central bank reserves and commercial bank deposits, settling funds on a shared ledger with an average settlement time of about 80 seconds. Unlike traditional cross-border payments that require intermediation by multiple correspondent banks, the platform achieved shared single ownership records and supports synchronized settlement of bilateral foreign exchange, effectively reducing principal risk. The BIS stated that the platform can operate in parallel with existing payment systems, rather than replacing them.
During the 11th year of Ethereum, the Ethereum Foundation underwent organizational restructuring, including leadership departures, layoffs, the introduction of a new CROPS mandate, and the spin-off of EthLabs, Ethereum Systems, and Ethereum Institutional as independent entities. The Ethereum Foundation seeks to further decentralize its role within the ecosystem. Concurrently, Ethereum continued to advance its technology and institutional adoption, launching the Fusaka upgrade and attracting participation from Wall Street institutions such as BlackRock and JPMorgan; cumulative inflows into US spot Ethereum ETFs have exceeded $11.23 billion.
South Korean bank KB Kookmin Bank will launch a blockchain-based corporate cross-border payment service next month, integrating J.P. Morgan’s Kinexys blockchain payment network. This makes it the first financial institution in South Korea to utilize the Kinexys network for corporate import and export settlement services.According to reports, the service will be offered through KB Kookmin Bank's domestic branches in South Korea and its Singapore branch. Initially, it will prioritize supporting USD cross-border remittances, covering 10 countries including South Korea, the United States, Singapore, Saudi Arabia, India, Thailand, Qatar, the United Arab Emirates, Bahrain, and South Africa. Kinexys is J.P. Morgan's blockchain business platform, providing institutional clients with programmable payments, asset tokenization, and near real-time settlement services. (The Block)
据 Decrypt 报道，高盛董事长兼 CEO 大卫·所罗门公开表态支持加密货币市场结构法案（Clarity Act），称其有助于"建立公平竞争环境、提升市场稳定性并推动创新"。此举与摩根大通 CEO 杰米·戴蒙及多家银行业协会的立场明显相左——后者强烈反对法案中允许稳定币提供收益的条款，认为此举将吸走传统银行存款。 目前，参议院共和党人正在流传最新法案草案，新增了限制总统及其家人参与加密业务的伦理条款，但该限制将于 2029 年到期且不适用于特朗普之子，遭民主党批评力度不足。法案能否在八月休会前完成参议院投票，前景仍不明朗。
Goldman Sachs Group CEO David Solomon stated that while the CLARITY Act is not perfect, he supports its advancement, believing it will establish a clearer and fairer regulatory framework for the digital asset market, enhance market stability, and promote innovation.Solomon said the most significant implication of the CLARITY Act is "creating a level playing field, allowing the market to develop healthily." This stance contrasts sharply with that of some banking executives, such as JPMorgan CEO Jamie Dimon. They argue that the bill, by allowing crypto companies to offer stablecoin products similar to interest-bearing deposits without assuming the same regulatory requirements as banks, could weaken the competitiveness of traditional banks.Currently, Republican senators in the U.S. have released a revised text of the CLARITY Act, which could be submitted to the Senate for a vote as early as next week. The bill aims to clarify the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in regulating digital assets, and will continue negotiations on terms related to stablecoin issuance, consumer protection, and yield-bearing stablecoins. (CoinDesk)