Group 1 - Coinbase Global Inc. is set to release its fourth-quarter financials, with speculation surrounding various topics for discussion during the earnings call [1] - The highest predicted topics for the earnings call include "Stablecoins" at 96%, "Custodial" at 94%, and "SEC" at 87% [2] - Coinbase has withdrawn support for a cryptocurrency market structure bill due to a clause that prohibits exchanges from paying interest on stablecoin balances [2] Group 2 - Analysts expect Coinbase to announce a revenue of $1.85 billion for Q4, a decrease from $2.27 billion in the same quarter last year, with earnings per share projected at 1.07, reflecting a 68% year-over-year decline [5] - The consensus price target for Coinbase stock is $362.19 from 30 analysts, with an average target of $320.33, indicating a potential upside of approximately 92.39% [5] - Coinbase shares closed 1.29% higher at $167.25, but have decreased by 26% year-to-date, maintaining a weaker price trend across short, medium, and long-term evaluations [6]

Core Insights - SBI Holdings is collaborating with Startale Group to develop a new Layer 1 blockchain network named Strium, aimed at supporting real-world assets, particularly tokenized securities [2][4] - The initiative is part of a broader trend towards onchain equities, with various firms, including Kraken and Robinhood, enhancing their onchain stock capabilities [3] - Strium is designed to facilitate global capital markets through a blockchain-native exchange architecture, promoting faster market formation and deeper liquidity [4] Company Developments - SBI and Startale's partnership was initially announced in August 2025, focusing on a round-the-clock trading platform for real-world assets, enabling access to equities from multiple countries with quick cross-border settlement [5] - Startale has recently secured an additional $13 million from Sony to enhance its Ethereum Layer 2 project, Soneium, which is co-developed with Sony Block Solutions Labs [6] Market Positioning - Strium Network is positioned as the foundational exchange layer for Asia's onchain securities markets, leveraging SBI Holdings' extensive customer base of 80 million and its expertise in financial services [7] - The platform aims to empower institutional and professional participants to trade and unlock assets in innovative ways, overcoming limitations of traditional market structures [7]

Market Overview - Market capitalization for tokenized stocks reaches an all-time high of $850 million [1]

RT Ondo Finance (@OndoFinance)2025 was a landmark year for tokenized stocks.Market cap is up ~2,695% YTD, making it one of crypto’s fastest-growing sectors.The path to trillions onchain is underway. https://t.co/OIfP5S1Yvf ...

BREAKING: Market cap for tokenized stocks is at an all-time high of $850 million. https://t.co/8Ku2aV0ow7 ...

RT xStocks (@xStocksFi)Under loosened regulations in the United States, both DeFi and centralized platforms are rushing to bring tokenized stocks onchain. According to @tokenterminal, their market capitalization is at $831 million, a 2496% increase this year.Read more:https://t.co/xdgyECECzK ...

RT Token Terminal 📊 (@tokenterminal)Benefits of tokenized stocks:🆙 crypto product quality goes up: tokens compete for investor attention vs. equities🏎️ onchain traffic goes up: high-quality RWAs draw more ppl to transact onchain⏱️ crypto value prop becomes known: more ppl experience 24/7/365 global markets https://t.co/ovTYUDCmZL ...

Market Activity on Solana - Tokenized stocks on Solana saw significant activity in the last 24 hours, facilitated by Orb Markets [1] - Tesla ($TSLAX) led with approximately $565 thousand in trading volume [1] - Nasdaq ($QQQX) followed closely with around $499 thousand in volume [1] - Circle ($CRCLX) recorded approximately $340 thousand in volume [1] Tokenized Stocks Overview - The top 10 tokenized stocks collectively reached roughly $230 million in volume [1] - Traded tokenized stocks included $TSLAX, $QQQX, $CRCLX, $SPACEX, $MSTRX, $NVDAX, $XAI, and others [1] Trading Availability - US equities were closed, but remained tradable on Solana [1]

RT Token Terminal 📊 (@tokenterminal)2025: the "all at once" year for tokenized stocks. https://t.co/c48IRv6A3i ...

RT mert | helius.dev (@0xMert_)my intuition is that tokenized stocks will follow the same path as stablecoinsthere will be concerns around what they are actually backed by (similar to tether back in the day)but fundamentally they will increase access for so many people that the feature set will end up being superior to stocks held via a brokerage through competition ...