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The Marked Chart Wire · Crypto
Tokenized Stocks
Intel, Oracle, IBM, and IonQ added their names to objections against the proposed OKX-ICE tokenized stock venue, raising the total number of companies opposing the project to 26.
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Tokenized Stocks
Three major tech firms have filed objections against the OKX-ICE joint venture's blockchain stock trading proposal. The new notices raise the total count of corporate pushback to 26 as the project moves forward under SEC guidelines.
Tokenized Stocks
Analysts anticipate Robinhood will address the growing threat from tokenized stocks during its upcoming earnings call, a sector viewed as a key growth area for crypto.
Crypto
Robinhood will add Ripple's $2.5 billion RLUSD stablecoin to its platform for retail customers later this year, even though the firm helped launch the competing USDG token.
Ripple
Ripple CEO Brad Garlinghouse confirmed on Monday that the regulator granted final approval for the company's federally supervised trust bank.
Bitcoin
Bitcoin dropped 0.28 percent to $79,817.06 on October 26, while Ethereum and Solana also declined. Investors grew cautious as the Federal Reserve decision approaches.
Crypto
Payward, which owns Kraken, is set to become the initial CFTC-regulated HIP-3 participant. It will use Hyperliquid technology to provide perpetual futures to American customers.
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