Tokenization Revolutionizes Wall Street Crypto Bets
@Abra’s Bill Barhydt announces plans for a public listing via SPAC, valuing the company at $750M, with a focus on tokenization and crypto banking services. #Update #Crypto $BTC $ETH
@Abra’s Bill Barhydt announces plans for a public listing via SPAC, valuing the company at $750M, with a focus on tokenization and crypto banking services. #Update #Crypto $BTC $ETH
James Wo, CEO of @DFG, asserts $BTC remains the top institutional asset, while $ETH lacks consensus and recognition. He predicts $BTC could hit new highs by 2027-2028. #Update #Crypto $BTC
@DRW is launching a prediction market desk, targeting platforms like Polymarket and Kalshi, as institutional trading firms view these markets as a legitimate asset class. #Update #Crypto $BTC
@Moomoo partners with @Kalshi to offer CFTC-regulated event contracts for trading on economic, political, and cultural outcomes, expanding access to prediction markets. #Update #Crypto
@Stripe, @Visa, and @Mastercard are reportedly launching a new stablecoin platform, with @Coinbase exploring participation. The stablecoin market cap is approximately $325 billion. #Update #Crypto $USDC
@Symbiotic has launched Liquid Lane, enabling instant exchanges of tokenized assets for stablecoins, addressing liquidity issues in the $33B RWA market. #Update #Crypto $USDC
@Symbiotic launched Liquid Lane, enabling instant exchanges of tokenized assets for stablecoins, addressing liquidity issues in a $33B RWA market. #Update #Crypto $USDC
@Keyrock is set to acquire bankrupt crypto firm Blockfills for $3.25M, pending court approval. The deal includes most of Blockfills’ assets and technology. Hearing scheduled for June 16, 2026. #Update #Crypto
@MoomooUS aims to provide retail investors with institutional-grade trading tools, emphasizing advanced analytics and AI-assisted trading, as it expands its offerings in crypto and traditional markets. #Update #Crypto $BTC $ETH
U.S. CFTC approves @Kalshi to list bitcoin perpetual futures, allowing U.S. firms to engage in this market. Coinbase also receives guidance for global options and perps via its CFM subsidiary. #Update #Crypto $BTC
@FalconX has confidentially filed a draft S-1 registration statement with the SEC for a potential IPO, hiring Cantor and other bankers; market conditions may delay the listing until year-end. #Update #Crypto
@Securitize’s tokenized Treasury fund by @VanEck is now live on Euler, allowing $15B in tokenized U.S. Treasuries to be used as collateral, reflecting DeFi’s shift towards institutional finance. #Update #Crypto $USDC
@Prometheum launches Digital Brokerage Solutions to enable broker-dealers to offer crypto assets, addressing distribution challenges in tokenized securities. Anticipates onboarding more firms as demand grows. #Update #Crypto $BTC
The Clarity Act may create a “yield-as-a-service” market, shifting crypto from passive to active yield strategies, potentially unlocking institutional capital in compliance with U.S. regulations. #Update #Crypto $STBL