LATEST: 🇬🇧 Seven of the UK's largest banks, including Barclays, NatWest, and HSBC, completed the world's first interbank transactions using tokenized pound deposits on a shared platform built by Quant.
NEW: The Trump administration is considering a plan to promote dollar-backed stablecoins overseas through joint ventures with private companies, aiming to cement dollar dominance and drive demand for U.S. Treasuries, per Bloomberg.
Breaking News: Mortgage rates in the U.S. surpassed 7% for the first time in nearly two years, raising costs in an already weak housing market. https://t.co/ltKMNc3ZfK
JUST IN: 🇺🇸 Former CFTC Chairman Chris Giancarlo explains why Bitcoin is digital gold:
"It's programmed scarcity. The number of Bitcoins is limited and that limitation is written into the DNA of it."
Nobody is paying attention to this.
"MASS TOKENIZATION" is coming, and most people have no idea what's coming.
1. The $115T stock market will be tokenized
2. The $117T bond market will be tokenized
3. $390T real-estate will be tokenized
4. $26T+ in gold will be tokenized
5. $15T in private funds will be tokenized
6. US government debt will go digital
7. Private loans will go digital
8. Arts and collectibles will go digital
9. Roads and power plants will go digital
10. $7T/year Insurance industry will go digital
11. Every firm will have their OWN onchain product
12. Companies launch their shares onchain
13. Stablecoins, moving $7.3T a month, become the normal way to move money
14. Markets stop closing, running 24/7
15. Settlement drops from T+1 to seconds
16. Money and assets cross borders without correspondent banks
17. Everything you own becomes something you can borrow against
18. Finally, crypto and tradfi become the same market
8.2 BILLION people on Earth will use it without knowing.
China has spent a record sum importing more than 1,000 tonnes of gold this year as the central bank and local investors pour cash into bullion amid rising geopolitical tensions abroad and poor returns on local assets. https://t.co/Q6PF6CVd8z
💥 BOOM!
🚨 IT’S OFFICIAL: 🇺🇸 The SEC has confirmed that U.S. crypto companies are now ALLOWED to operate and conduct business across the United States.
🌐 THE DIGITAL ERA IS HERE! 🔥
🚨HUGE: The NYSE is working to bring $40 TRILLION in US stocks and ETFs ONCHAIN.
The exchange has spent a year testing Avalanche and is building a tokenized securities platform with onchain settlement and stablecoin-based funding.
Tokenized shareholders will keep full dividend and voting rights with instant settlement and fractional shares.
"Avalanche checks a lot of those boxes for us," ICE's Head of Strategic Initiatives said, per The Block.
🇺🇸BREAKING: U.S. stock markets will begin trading 23 hours a day, 5 days a week from December 6
The planned trading week will run from Sunday evening through Friday evening, with a one-hour daily maintenance break.
Nasdaq and NYSE Arca are among the venues preparing for expanded hours, while the regular 9:30 a.m. – 4 p.m. session remains unchanged.
The SEC is upgrading market infrastructure for 23/5 trading, with full 24/7 trading potentially coming later.
Brokers will decide which securities and overnight services customers can access, while thinner liquidity could mean wider spreads and greater volatility.
Nike is not having fun lately—
• Loses Kylian Mbappé to On
• Loses Lamine Yamal to Adidas
• Shares at 12 year low (-43% YTD)
• Shares down 80% from all-time high
• Dropped from S&P 100 after 18 years
• Currently Dow's worst performer of '26
🇺🇸 $13T CHARLES SCHWAB SAYS THE STRATEGIC #BITCOIN RESERVE BILL MOVING FORWARD “COULD BE A HUGE FIRST STEP” 👀
After the bill advanced, Schwab remained optimistic about future Bitcoin and crypto legislation 🚀
BREAKING: 🇺🇸 Warren Buffett steps down as Berkshire Hathaway Chairman after more than 60 years at the company.
Berkshire has returned 6,642,000% since 1964, nearly 120x the S&P 500 returns.