JP Morgan
SpaceX stock could rise 75% to $240, JPMorgan says
SpaceX stock has gained about 2% after JPMorgan retained its Overweight rating and $240 price target, implying roughly 75% upside from recent trading levels. SpaceX stock…
stocks
News
RockawayX seeks $150M for crypto hedge fund
RockawayX has begun seeking $150 million for a new fund focused on undervalued tokens and crypto-related stocks after acquiring Relayer Capital. RockawayX targets undervalued tokens and…
Bitcoin
Goldman Sachs backs crypto stocks amid Bitcoin breakout
Goldman Sachs has backed Coinbase and Robinhood shares as Bitcoin’s 26% weekly rally has lifted the cryptocurrency above $80,000 despite an extended decline in market trading…
Bitwise
Bitwise launches Coinbase-powered tokenized stock portfolios
Bitwise has launched three automated portfolios of Coinbase tokenized stocks for eligible non-U.S. investors, combining self-custody and automatic rebalancing for a 0.15% methodology fee. Bitwise tokenized…
Adoption
MEXC stock futures trading volume in Asia surges over 3,300% in Q2
MEXC’s average daily stock futures volume in Asia has jumped 3,308% quarter over quarter as crypto users increasingly trade equities, gold and other traditional assets through…
Binance
Binance launches 5 stock perpetuals with 20x leverage
Binance launched five USDT-settled TradFi perpetuals tied to DJT, Moderna and leveraged semiconductor ETFs with up to 20x leverage.
Base
Coinbase tokenized stocks go live on Base with 1:1 backing
Coinbase has brought four 1:1-backed U.S. stock products to Base, allowing eligible non-U.S. investors to trade Apple, NVIDIA, Meta and Alphabet exposure around the clock. Base…
asset tokenization
ERC-8391 proposes asset status checks for tokenized stocks
Ethereum developer Eric Conner has proposed a common status interface for tokenized assets, as onchain stocks trade continuously while the New York Stock Exchange opens for…
News
STRC stays below $100 as Jain questions 12% yield
Strategy’s STRC preferred stock has remained below its $100 stated value at $95.31 despite Bitcoin’s rally to about $77,125, prompting Multicoin Capital co-founder Tushar Jain to…
News
Ripple stock position revealed in SEC fund filing
Kinetics Internet Portfolio disclosed 1,875 Ripple shares valued at $246,319, giving the U.S. fund direct private equity exposure.