FireDragon

[FireDragon @FireDragon763]

@Hodor There could end up being some sort of required disclosures for private companies that are tokenized. Similar to publicly held company requirements.

[FireDragon @FireDragon763]

@Hodor Yes. I imagine it will be allowed in some sort of hybrid form that does not leave out the current market players.

[Xaif Crypto @Xaif_Crypto]

RIPPLE ISN'T JUST A PAYMENTS COMPANY ANYMORE!

@bgarlinghouse RIPPLE TREASURY SEEING "DRAMATIC GROWTH CFOs GETTING REAL-TIME GLOBAL LIQUIDITY FROM ONE DASHBOARD

treasury, custody, stablecoins, tokenized finance… the full stack is loading $XRP $RLUSD

[Cointelegraph @Cointelegraph]

🇺🇸 LATEST: US DOJ subpoenas JPMorgan, Bank of America, and Wells Fargo over alleged "debanking" of customers for political reasons, Reuters reports.

[Coin Bureau @coinbureau]

🚨JUST IN: $2.7T Citigroup is launching TOKENIZED shares of PRIVATE companies.

Citi says it is already in talks with some of the world’s largest private companies to issue tokenized depositary receipts.

The rollout starts with foreign investors, with plans to make it available to U.S. investors later.

[Jack Prandelli @jackprandelli]

🇨🇳Sinopec, the biggest Chinese refiner, bought ZERO Saudi crude for a 2nd straight month.

Saudi July allocations to China: 12M barrels, 387k bpd. Record low.

Aramco even cut its July OSP by $6/bbl and buyers still didn't come back, because prices remain far above pre-war levels.

China's May imports hit a DECADE low.
Refiners are cutting runs at a loss.

China spent years buying cheap barrels and filling strategic + commercial tanks.

Now it's living off that stockpile instead of paying war prices.

While the US drains its SPR to supply the world, China drains its reserves to avoid the market entirely.

Same tool, opposite strategy.

Regular readers know the rule flexibility is a stock, not a flow.
China's buyer strike is the hidden force capping this rally but inventories run out.

When Beijing must return to a supply-short market, that re-entry bid is the next leg higher.

The question is when, not if.

💡China's energy administration just met Aramco's downstream chief in Beijing.

Saudi needs its biggest customer back and China needs secure barrels.
Someone blinks first.

[SMQKE @SMQKEDQG]

DTCC + Ripple/XRP Integration Timeline

• Apr 2025: Ripple acquires Hidden Road for $1.25B💰

• May 2025: DTCC patents name XRP/XRPL as bridge liquidity asset🔒

• Oct 2025: Deal closes → Ripple Prime🙇‍♂️

• Dec 2025: SEC No-Action clears DTCC tokenization path📝

• Mar 2, 2026: Ripple Prime live on NSCC directory📊

• May 2026: Ripple Prime joins DTCC tokenization working group🤝

• H2 2026: Limited production tokenized trades July, full launch October🔥

The path for XRP to finally access to the derivatives market.🎯

[FireDragon @FireDragon763]

@360_trader @PeterSchiff 🤣

[FireDragon @FireDragon763]

@Cointelegraph Indicators work until they don't. Then new indicators are formed. Rinse repeat.

[FireDragon @FireDragon763]

@sentosumosaba @progmat_en It is for the newbs just entering. Getting in while the market is down is a good thing. Smart ones are entering now.

[UBITQUITY, Inc | One Block At A Time® @ubitquity_io]

We are building an important anti-malware / corporate hijacking with a micro dApp that we are confident will help protect the #XPRNetwork community.

It will be 💯 powered by $UBQ Utility Token.

It is coming in June!

[Xaif Crypto @Xaif_Crypto]

MASTERCARD IS BUILDING THE MACHINE ECONOMY!

🇺🇸 Mastercard CPO says Agent Pay for Machines will spark a SUPERBLOOM of AI business models payments as small as FRACTIONS OF A CENT, settled at machine speed

Every agent credentialed. Spending limits enforced by code. Guaranteed settlement across cards AND

stablecoins with XRPL + RLUSD on the rails 🔥

[zerohedge @zerohedge]

"A Lot Of BS, Honestly": Apollo Head Says Everyone Is Measuring AI Wrong https://t.co/Qlc9UmF4LJ

[Rock Bottom Entries @RockBtmEntries]

Energy and Fertilizers look ready for the next leg higher.

Both setups explained:

https://t.co/ULwABdMXIQ

[𝓐𝓶𝓮𝓵𝓲𝓮 @_Crypto_Barbie]

PROBABLY NOTHING 🤭

ripple:native 🤝🏼 JAPAN

[CryptoTaxAudit @CryptoTaxAudit]

🚨No one is pushing the IRS to fix the 1099-DA. No one is raising the issues crypto taxpayers faced this filing season.

No one, except CryptoTaxAudit.

https://t.co/BlT8hKQcEI

[zerohedge @zerohedge]

Top Overnight News

Trump slammed Iran for not reaching a quick peace deal with the US after a night of attacks that have strained a fragile two-month truce. “They’ve taken too long to negotiate a deal that would have been great for them, now they will have to pay the price,” Trump wrote on Truth Social

Trump still thinks a peace deal with Iran is on the horizon, even as the United States launched retaliatory strikes on Iran Tuesday evening, a senior White House official said Tuesday. Politico

It would be "unwise" to assume that the situation in the Strait of Hormuz will return to how it was before the Iran war, the head of French shipping group CMA ‌CGM said on Tuesday. CMA CGM, the world's third-largest container line, is among firms with vessels stranded inside the Gulf since the start of the conflict that has virtually closed the waterway, which carries a fifth of global oil and LNG supply. RTRS

US House passes USD 70bln immigration enforcement funding bill.

US Agriculture Secretary Rollins said the first US calf with screwworm is healthy and recovering, while she said they will start eradicating screwworm in a couple of months.

China’s consumer inflation unexpectedly stalled in May even as factory prices gained at the fastest pace in almost four years. BBG

China’s factory-gate inflation accelerated in May as the ongoing conflict in the Middle East continued to drive up energy and commodity costs. The producer-price index jumped 3.9% from a year earlier in May, accelerating from a 2.8% increase in April, according to data released Wednesday by the National Bureau of Statistics. WSJ

Japan’s corporate goods prices jumped again in May, signaling strengthening inflationary pressures rippling across domestic supply chains as the war in Iran drags on and keeps energy prices elevated. BBG

Governments have raised a record $504 billion through syndicated bond sales in the first half so far, surpassing even pandemic-era borrowing as deficits widen and spending climbs. BBG

US markets are close to ending more than two decades of declining equity supply as a trio of mega initial public offerings brings a flood of new shares. FT

We expect a 0.17% increase in May core CPI (vs. +0.3% consensus), corresponding to a year-over-year rate of +2.79% (vs. +2.9% consensus). We expect a 0.45% increase in headline CPI (vs. +0.5% consensus), reflecting sharply higher energy prices. Our forecast is consistent with a 0.27% increase in core PCE in May, reflecting a large increase in its financial services component. GIR

SK Hynix plans to list its shares in ‌the U.S. as soon as August, said two sources familiar with the matter, as the South Korean memory chipmaker seeks to capitalize on strong appetite for AI-linked stocks and broaden its investor base. RTRS

[Eleanor Terrett @EleanorTerrett]

Ways and Means Republicans rolled out six standalone bills and a discussion draft ahead of today’s crypto tax hearing at 2pm ET.

The bills address crypto donations, mining and staking taxation, reporting requirements, tax treatment parity, voluntary disclosure, and applying existing tax anti-abuse rules to digital assets. The discussion draft targets the use of offshore crypto tax shelters.

Witnesses include:

📌Sarah Reilly, Vice President and Senior Tax Counsel, @Fidelity

📌@LawrenceZlatkin, Vice President of Tax, @coinbase

📌@jasonsomensatto, Director of Policy, @coincenter

📌Mike Kaercher, Deputy Director,
Tax Law Center at @nyulaw

[DTCC @The_DTCC]

Tune in to @BloombergTV in just a few minutes to hear Nadine Chakar, Managing Director, Global Head of DTCC Digital Assets, provide updates on our tokenization initiative, describe the monumental shift happening in 2026 and espouse the importance of interoperability in digital markets.