Most trading of tokenized stocks on major blockchains now takes place outside of regular US market hours, an early indication that trading around may be one of the biggest benefits of keeping equity onchain. According to Blockworks data cited by The Kobeisi Letter, more than 70% of tokenized stock trading volume on the BNB chain … Read more
Crypto lender Arch Lending plans to expand into loans backed by tokenized equity as the market for onchain stocks expands and lenders begin exploring new uses for assets as collateral. Arch co-founder and chief revenue officer Himanshu Sahay told Cointelegraph’s Chain Reaction podcast that the lender plans to enter the market “very soon,” pointing to … Read more
Asset manager VanEck has criticized MetaPlanet’s executive compensation structure, arguing that recent efforts by the bitcoin treasury company to prevent shareholder dilution still lack management adequately aligned with investors. on friday Report Examining executive compensation across the 10 largest digital asset treasury companies, VanEck labeled MetaPlanet’s compensation structure “poor,” making it the only firm to … Read more
In crypto today, Singapore’s dtcpay welcomed SBI Group as a strategic investor, ECoinbase filed with the CFTC to bring single-stock perpetual futures to US traders, and Binance dismissed a report that ECB President Christine Lagarde interfered in its failed Greek crypto license bid. Dtcpay welcomes SBI Group as strategic investor in Series A expansion to … Read more