🚀 CMC Market Pulse: Tokenized Stocks, the Final Frontier.
BTC +2.5%, ETH +7.4% as crypto edges higher. Saylor and Metaplanet keep stacking BTC. Robinhood launches tokenized stocks. Solana spot ETF debuts with staking.
Let’s break down this week’s top crypto narratives 🧵
1/6
📉 Market Overview
Market cap climbed 2.1% to $3.480T. BTC +2.5%, ETH +7.4% with low volatility. Liquidations stayed muted under $250M per day mostly on the short side. Saylor acquired 4,980 BTC and Metaplanet topped Tesla with 13,350 BTC.
2/6
đź“° Narrative of the Week: Tokenized Stocks
Robinhood rolls out tokenized stocks and private equity on Arbitrum. xStocks launches tokenized equity trading on Solana with integrations into Bybit, Kraken, Kamino and more. OpenAI denies involvement in any tokenized shares tied to their company.
3/6
🗓️ Major Project Updates
🔹 Ripple applies for a national bank charter from the OCC.
🔹 Coinbase acquires Liquifi for token deployment tooling.
🔹 Circle launches Circle Gateway for unified USDC across chains.
🔹 Safe launches Harbour to move multisig fully on-chain.
4/6
🏦 DeFi Updates
Jupiter Exchange debuts Jupiter Studio, a Solana launchpad with full customization. GMX expands to Bitcoin L2 Botanix for BTC-native leverage trading. Dolomite launches on Ethereum supporting UDS1 stablecoin as collateral.
5/6
50.42K
73
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.