InstitutionalTokenized Stock Holders Double to 1.31 Million in a Month
Tokenized stocks: 1.31M holders, $23.13B transfer volume (+179%). Binance's bStocks closes in on Kraken's xStocks as Ondo leads by distributed value.
InstitutionalTokenized stocks: 1.31M holders, $23.13B transfer volume (+179%). Binance's bStocks closes in on Kraken's xStocks as Ondo leads by distributed value.
MarketsPayward, Kraken's parent company, posted $508M in Q2 2026 revenue (+17% YoY), even as trading volume fell 13%.
InstitutionalBank Leumi will launch Bitcoin, Ethereum and Solana trading via Galaxy in 2027, its second attempt after a 2022 regulatory rejection.
MarketsGemini posted $45.5M revenue (+37%) and a $107.7M net loss in Q2 2026 as trading volume fell 66% and its services business grew 2.5x.
MarketsBullish reported a $280 million net loss from a bitcoin markdown, but shares jumped 14% on strong adjusted earnings metrics.
RegulationJPMorgan closed Polymarket's payment accounts in October 2025 over regulatory risk, but stays open to underwriting a future IPO for the platform.
InstitutionalBitwise laid off about 25 employees, cutting staff from 180 to 155. The $9 billion asset manager keeps growing despite a 10-month market slump.
SecurityHarmony confirmed a network exploit after an attacker minted 4 billion ONE tokens, crashing the price 37%. The team is weighing a rollback.
RegulationThe CFTC invoked emergency authority to keep Kalshi running despite New York's $36 billion lawsuit. Here's what it means for prediction markets.