Peirce also wants institutions to reuse identity checks rather than repeatedly store customer details. Her privacy proposals do not change existing compliance rules.

Client collateral sits in segregated accounts at the Swiss bank and is mirrored back to the exchange for trading. Bitget is the fourth venue on Protect, after Binance, Deribit and Bybit.

Discounts undermine share-funded token accumulation, though Strategy’s latest filing shows purchases can continue using existing cash.

Three portfolio tokens are available on Ethereum and BNB Chain for eligible non-US investors. BlackRock supplies the models; Ondo manages the products.

Treasury, State and DFC could participate in public-private ventures aimed at strengthening the dollar and demand for US debt.

Total crypto market value fell 2.27% to $2.96 trillion. XRP dropped 5.8%, Dogecoin 8.3% and Hedera 9.9%, and Uniswap gave back the entire spike it took on Tuesday's CME listing. Perpetual funding at OKX turned negative on both the bitcoin and ether swaps. U.S. equities and gold closed lower alongside.

Optimism’s X post names a tokenized bond as the first product, while its same-day blog names two tokenized funds. Korea’s first regulatory phase starts in February 2027.

Sources told CoinDesk the all-stock deal is worth more than $60 million; the transaction remains subject to regulatory approval.

The exploratory project would first move deposits among participating institutions, while a US counterpart names its operator and payment rails.

Chainalysis measured $593.8 billion in regional activity, up 9.8%, even as the global crypto economy contracted 1.6% during the same period.