News linked to both this project and an event.
According to a post by a16z crypto researcher Robert Hackett and data advisor Ryan Holloway, the tokenized stock market is experiencing explosive growth. As of June 2026, the total market capitalization of tokenized stocks reached approximately $1.7 billion, representing a more than fivefold increase from $329 million a year earlier, making it one of the fastest-growing categories among tokenized assets. On-chain data shows that monthly transfer volume surged from $53 million last June to $9.22 billion this June, a year-over-year increase of more than 170 times. The market structure has also changed significantly: the proportion of crypto-related products dropped from 79% to 21%; the AI and chip category jumped from nearly zero to a market share of 15.5%; tech giants rose from 0.6% to 10.6%; and ETFs and indices increased from 4.5% to 17.3%. At the institutional level, DTCC has completed the first live trades of tokenized Treasury bonds and stocks on Digital Asset's Canton network, with full services planned to launch in October, which will open access for Wall Street to approximately $114 trillion in DTC custodied assets. Meanwhile, Robinhood has launched its own chain, NYSE's parent company announced a joint venture with OKX (pending regulatory approval), and Coinbase and Binance have also sequentially launched offerings for non-U.S. users.
According to people familiar with the matter cited by The Wall Street Journal, BlackRock is leading a debt financing deal of at least $12 billion to fund a large-scale data center project in El Paso, Texas, jointly supported by BlackRock and Meta Platforms.
According to The Wall Street Journal, following Moonshot AI's release of the low-cost, high-performance large model Kimi K3, Wall Street has once again seen concerns about a "DeepSeek-style shock," with the AI chip sector facing selling pressure. Morgan Stanley stated that the market may experience AI industry turbulence similar to that triggered by DeepSeek in early 2025, where the rise of low-cost, high-performance AI models could challenge top U.S. model developers such as OpenAI and Anthropic, while simultaneously weakening demand for the large-scale compute infrastructure underpinning the U.S. AI investment boom.
Trump Media & Technology Group interim CEO Kevin McGurn stated that the company will launch a set of backend interfaces allowing financial services firms to pay for access to Truth Social’s real-time data. McGurn indicated that this marks the company's first expansion of its media business into the data licensing field. The newly launched Truth API will provide clients with real-time access to content published by the platform's top ten most popular accounts.McGurn added that clients willing to pay a higher fee in the future can obtain data access rights to more accounts. These accounts include key decision-makers who influence policy-making and geopolitical trends, such as U.S. President Donald Trump, the White House, FBI Director Kash Patel, White House Deputy Chief of Staff Dan Scavino, and Secretary of Health and Human Services Robert F. Kennedy Jr. (Axios)
DTCC has completed live trade processing involving tokenized stocks, ETFs, and U.S. Treasuries, marking its largest production-grade tokenization initiative to date. The pilot demonstrates that tokenized securities can support collateral, repo, and equity trading while retaining the same legal ownership as traditional assets. DTCC plans to launch its tokenization services in October, as Wall Street firms continue to explore blockchain-based market infrastructure.
As the tokenization of capital markets intensifies, the Securities Transfer Association (STA) recently submitted a comment letter to the U.S. Securities and Exchange Commission (SEC), warning that stock tokens issued by third-party entities could undermine market integrity. The association is calling on regulators to prioritize tokenized securities authorized by listed companies in future rulemaking.The STA represents numerous Wall Street transfer agents, whose members argue that genuine tokenized stocks should be formally authorized by the issuing company and recorded on the official shareholder register, rather than consisting of "wrapped" token products created by independent platforms.The association points out that third-party stock tokens could confuse investors regarding their actual holdings and expose them to platform credit, custody, and operational risks, without establishing a direct legal relationship with the listed company. Therefore, any innovation exemptions, pilot programs, or permanent regulatory frameworks for tokenized securities should be prioritized for the issuer-supported model. The STA also urges the SEC to reform the existing Direct Registration System (DRS), arguing that the current U.S. securities depository system struggles to meet the real-time transfer and settlement demands of on-chain securities. It recommends that regulators collaborate with the Depository Trust & Clearing Corporation (DTCC) to optimize the digital securities infrastructure.Currently, the global tokenized stock market, valued at approximately $2 billion, is predominantly led by the third-party model, including products launched by Ondo Finance and Kraken, while institutions like Securitize and Figure adopt the issuer-authorized model. (CoinDesk)
on June 29, Strategy raised the annualized dividend of STRC to 12% and authorized a $1 billion buyback plan covering four preferred securities: STRC, STRF, STRD, and STRK, with STRC as the initial priority repurchase target. Strategy disclosed that the buyback funds will not come from its approximately $2.55 billion cash reserve, but may instead come from the concurrently approved $1.25 billion Bitcoin monetization program. STRC traded in the mid-to-high $80 range this week, dipping below $85 on some trading days, falling short of Strategy's long-term trading target of $99 to $100. Peter Schiff stated that prices below $87 for STRC indicate Wall Street's skepticism regarding the pace of Bitcoin growth. (Bitcoin.com News).
as the 25-day quiet period following SpaceX's (SPCX) June IPO comes to an end, Wall Street analysts have begun releasing formal research reports. Multiple major brokerages have issued favorable ratings, indicating institutional investors remain optimistic about the company's long-term growth potential.As IPO underwriters, both Goldman Sachs and Morgan Stanley have assigned buy-equivalent ratings to SpaceX. Goldman Sachs analyst Eric Sheridan set a price target of $205, while Morgan Stanley analyst Adam Jonas gave a target of $300. Additionally, institutions such as Bank of America, Citigroup, Deutsche Bank, JPMorgan, and UBS have also initiated coverage with buy or equivalent ratings. Among them, Raymond James Financial provided the most optimistic forecast; analyst Brian Gesuale initiated coverage of SpaceX with a "Strong Buy" rating and a price target as high as $800, believing SpaceX will become "one of the most representative industrial infrastructure companies of the 21st century."Analysis suggests that market optimism towards SpaceX is primarily based on its布局 (layout/foundation) in areas such as rocket launches, Starlink satellite internet, and government contracts. At the same time, the company's communications business can provide a sustainable source of revenue and support future expansion of launch scale.As of March 31, 2026, SpaceX holds 18,712 Bitcoins. Wall Street believes that the concentrated coverage following the end of the IPO quiet period provides a window for institutional investors to conduct their first systematic assessment of SpaceX's valuation. The fact that nearly all major institutions simultaneously issued positive ratings is relatively rare for large-scale IPOs. (CoinDesk)
According to CoinDesk, Wall Street bank Cantor Fitzgerald issued a research report indicating that the crypto market is entering the final phase of the current bear cycle. As of June 10, Bitcoin has declined approximately 51% from its 2025 peak, with 252 days having passed since the peak. Synthesizing the past three market cycles, BTC bottoms on average 384 days after the peak; based on this, the low point of this cycle is projected to appear around the end of October. Analysts also noted that the model is not a precise timing tool, and macro, regulatory, and geopolitical risks remain. Regarding network value assessment, Cantor believes Hyperliquid is the prime example of fee-driven token economics, Bitcoin remains the benchmark monetary asset, and Ethereum serves as the primary collateral layer for on-chain finance; Solana, Sui, XRP, and Zcash each possess differentiated advantages, but still need to prove that their ecosystem growth can translate into sustained token demand.
Odaily reports: AI chip startup Etched has completed a roughly $800 million funding round, with investors including quantitative trading giant Jane Street and a venture capital firm affiliated with Taiwan Semiconductor Manufacturing Company (TSMC). The company is currently testing its AI inference chip product and plans to begin shipping to select customers this summer. It has also signed sales contracts totaling approximately $1 billion, though specific customers were not disclosed.Founded in 2022, the company positions itself as a potential competitor to NVIDIA in the field of AI computing chips, focusing on designing customized chip architectures for large model inference scenarios. It is collaborating with TSMC to develop "low-voltage inference" technology aimed at reducing energy consumption and heat dissipation pressure.This funding round, previously reported to have a valuation of around $500 million, includes participation from Stripes, funds associated with Peter Thiel, and several quantitative firms. Jane Street is said to have invested over $100 million in total, with subsequent additional contributions. (Bloomberg)
CoinEx issued a statement regarding the related report by The Wall Street Journal, stating that the platform has never established commercial relationships with entities linked to the Iranian government, domestic Iranian exchanges, or other sanctioned parties, nor has it provided financial channels or assistance to such parties. CoinEx noted that it was placed on Iran’s blacklist as early as 2021, and its official domain is also blocked within Iran.
Odaily Seer Prophet Channel monitoring shows that Polymarket has launched a prediction event for the “Number of Fed Rate Hikes in 2026.”From the perspective of the interest rate path, the market is currently pricing in two distinctly different macro narratives. One view holds that the U.S. economy will enter a growth slowdown cycle in 2026, with the Fed maintaining a wait-and-see stance or even resuming rate cuts. The other view argues that if inflation reemerges or long-term inflation expectations become unanchored, the Fed could be forced to restart its rate hiking cycle. Therefore, the high probability attached to “3 to 4 rate hikes” essentially reflects the market’s reassessment of inflation stickiness and economic resilience over the next year, rather than a consensus on a single path.Bank of America has already shifted to a more hawkish interest rate path forecast. BofA Global Research now expects the Fed to raise rates by 25 basis points in September, October, and December of 2026, totaling 75 basis points for the year, pushing the federal funds rate target range to 4.25%–4.50%. This represents a significant upward revision from its previous outlook of “rates unchanged for the year,” primarily based on the still-resilient U.S. labor market, the bumpy progress of disinflation, and the possibility that the Fed’s policy reaction function under new Chair Kevin Warsh could be more hawkish. In comparison, Deutsche Bank also expects the Fed to start hiking in September, but with a cumulative annual increase of 50 basis points, indicating that major Wall Street institutions are reassessing the upside risks to U.S. interest rates in 2026.Odaily Seer Prophet Channel continues to monitor the prediction market, seeing changes before they are priced in.
Odaily, U.S. Senate Democrats have sent a letter to Republican leadership demanding an immediate hearing regarding the potential relationship between the Trump family's crypto project, World Liberty Financial, and the Abu Dhabi royal family.This follows a report by the Wall Street Journal that an investment entity backed by Sheikh Tahnoon bin Zayed Al Nahyan, a member of the Abu Dhabi royal family, secretly acquired a 49% stake in World Liberty Financial. The project is a DeFi and stablecoin venture, with Donald Trump and his three sons listed as advisors.According to the report, the deal was signed by Eric Trump four days before Trump's presidential inauguration in January 2025. The transaction was valued at $500 million, half of which was paid upfront. Approximately $187 million flowed to entities controlled by the Trump family, while at least $31 million went to entities linked to the family of World Liberty co-founder Steve Witkoff. Witkoff was later appointed as the U.S. Special Envoy for the Middle East, and his son, Zach Witkoff, currently serves as CEO of World Liberty.The Trump side has stated that Trump was unaware of the $500 million investment and was not directly involved in the daily operations of World Liberty Financial. Democrats argue that the matter involves potential conflicts of interest between the president's family business interests, foreign capital, and government diplomatic roles, and have therefore called on the Republican-led Senate to launch an investigation as soon as possible.
prediction market platform Polymarket has been accused of promoting its products on social media by paying creators to post videos featuring simulated trading and fake profits.According to the report, the creators used simulation sites that closely resemble Polymarket's actual website to produce trading videos. Some of the content showcased high returns that did not actually occur, and certain videos required approval from Polymarket before posting. Polymarket managed these influencer campaigns through the marketing firm Virality. Despite its services being restricted for US users, the promotional activities still appear to have been targeted at an American audience.Furthermore, the Wall Street Journal reported that Polymarket had a multi-million dollar promotional partnership with influencer Adin Ross to drive user engagement on the platform. Polymarket has not yet issued a public response to these allegations. (Wall Street Journal)
According to The Wall Street Journal, prediction market platform Polymarket is accused of hiring paid content creators to post a large number of deceptive “profit showcase” videos on social media—where all claimed earnings are fabricated. An investigation revealed that in one video, a college student claimed to have won $100,000 on Polymarket by betting on “Trump publicly mentioning McDonald’s,” but the reported profit was not real.
"White-haired stock guru" Serenity criticized Wall Street brokerage Bernstein on platform X, pointing out that Bernstein's bearish view on Kioxia and its prediction of a potential 50% drop in its stock price is "highly unreliable." The institution had previously given Intel a target price of only $36 in January of this year, while Intel's stock has now climbed to around $118, showing a clear deviation in its judgment.Serenity added that investors should remain vigilant about institutional research reports aimed at retail investors, stating that such reports are not necessarily intended to help ordinary investors make sound decisions but may instead reflect the institution's own stance and its bets on market expectations.
According to a research report released by Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets, as Wall Street accelerates the onchain migration of real-world assets, Uniswap’s native token UNI is poised for nearly a 40-fold increase before 2030, with a price target of $100 and a year-end target of $6.50. Kendrick positions Uniswap as an open-market infrastructure layer accessible to TradFi institutions—not as a retail DEX application—and forecasts that total value locked (TVL) across DeFi protocols will reach $2.7 trillion by 2030, at which point Uniswap’s liquidity pool size could expand 37-fold.
the U.S. government's export controls and access restrictions on Anthropic's models, Fable 5 / Mythos 5, were partly driven by Amazon's cybersecurity research and AWS CEO Andy Jassy's communications with the White House.It is understood that research submitted by Amazon indicated that through a series of prompt tests, researchers could induce Fable 5 to output sensitive information potentially usable for cyberattacks, raising security concerns. Subsequently, Andy Jassy reported these findings to the U.S. government level, prompting the White House to implement further restrictions, including banning foreign users from accessing the model.Meanwhile, former U.S. Commerce Department official Kate Koren revealed that the White House's existing policy stance towards Anthropic may have also influenced this decision. This is because Anthropic has disagreements with the White House over the boundaries of AI safety, including refusing to use its models for mass surveillance or lethal autonomous weapons systems. Although the two sides had eased tensions and expanded cooperation earlier this year, this incident could reignite strained relations between them. (The Wall Street Journal)
According to CoinDesk, Wall Street brokerage Bernstein released a research report stating that the primary driver behind Bitcoin’s price weakness in 2026 will be slowing capital flows—not the quantum computing threat feared by the market. The report notes that Bitcoin treasury companies and ETFs combined attracted approximately $12 billion in inflows this year, a sharp decline from $60 billion in 2025; meanwhile, Bitcoin ETFs—holding $75 billion in assets—recorded roughly $2.6 billion in net outflows, with new demand coming mainly from corporate buyers such as MicroStrategy (MSTR). Bernstein analysts attribute the slowdown in capital flows to retail investors’ massive shift into AI-related assets. This year, the strongest-performing segments of the crypto market have been tokenized equities and commodities. Nevertheless, analysts view the ETF outflows as relatively moderate. Bitcoin’s investor base has evolved from one dominated by retail participants to a more diversified group—including ETFs, corporate treasuries, wealth management platforms, pension funds, and sovereign investors—resulting in a healthier market structure. The long-term value-storage thesis for Bitcoin remains intact.
on June 7, the State Administration of Foreign Exchange released data showing that as of the end of May 2026, China's foreign exchange reserves stood at $3,442.2 billion, an increase of $31.7 billion, or 0.93%, from the end of April. Gold reserve data released on the same day showed that China's gold reserves have increased for 19 consecutive months.According to official reserve asset data updated on June 7, as of the end of May 2026, China's gold reserves stood at 74.96 million fine troy ounces, an increase of 320,000 ounces from 74.64 million ounces at the end of April. The People's Bank of China began this round of gold purchases in November 2024, and as of the end of May 2026, it has increased its holdings for 19 consecutive months.Between March 2025 and February 2026, the People's Bank of China's monthly gold purchases remained below 100,000 ounces. Since March, the scale of monthly purchases has been steadily increasing, reaching 160,000 ounces, 260,000 ounces, and 320,000 ounces respectively.Data shows that as of the end of 2025, gold accounted for approximately 8.8% of China's official international reserves, which are mainly composed of foreign exchange reserves and gold reserves. According to data released by the European Central Bank on June 2, as of the end of 2025, gold's share of total reserve assets held by central banks globally reached 27%, up from 20% at the end of the previous year. This indicates that the current proportion of gold in China's reserves is significantly low, leaving considerable room for further increases in the future. (Chang'an Street News)