Binance is considering bringing back tokenized stock trading on its platform, after abandoning the product in 2021. Stock tokens are digital representations of shares in public companies. Instead of owning a whole share of Apple or Microsoft, an investor can buy a fraction of a share — held and settled on a blockchain — mirroring the real-time price of the underlying asset. "Binance is committed to bridging traditional finance and crypto, expanding user choices while maintaining the highest regulatory s ...

Group 1: Robinhood Markets - Robinhood experienced significant growth in the past year, with third-quarter revenue approximately doubling year over year to about $1.27 billion and net income increasing by over 270% [2] - The company expanded its offerings, including popular event contracts and tokenization, contributing to strong customer engagement and a growing asset base [3] - Despite the growth, Robinhood's stock has become expensive, trading at 42.8 times forward earnings [3] Group 2: Tradeweb Markets - Tradeweb operates a professional trading platform that has achieved substantial growth and market share, finishing 2024 as the leading platform for U.S. electronic high-grade credit markets and holding a 22% share of U.S. Treasury trading volume [4] - Tradeweb faced challenges last year, with its stock declining 31% from its April peak due to high market volatility and decreased activity stemming from a government shutdown [5] - The company anticipates further growth opportunities as geopolitical tensions remain high, expecting normalized volatility and constructive conditions heading into 2026, supported by December trading volume hitting $63 trillion and a 27.5% year-over-year increase in average daily volume [6]

Key Takeaways Tom Lee’s Bitmine expanded its Ethereum holdings by more than $100 million. Traders are speculating over whether recent comments by BlackRock CEO Larry Fink signal support for Ethereum. Analysts, including Lee and Bitget Wallet’s Lacie Zhang, remain bullish on Ethereum’s long-term outlook. Tom Lee’s Bitmine has increased its exposure to Ethereum, according to blockchain data, as traders debate whether recent remarks by BlackRock Chief Executive Larry Fink amount to a signal for ETH. ...

Key Takeaways xStocks’ tokenized equities have crossed $3 billion in on-chain transfer volume. More than $500 million of that activity came from DEXes, signaling rising peer-to-peer trading. Combined centralized and on-chain trading now exceeds $17 billion, with over 57,000 unique wallet holders. While much of the crypto market has struggled to find direction in early 2026, one corner of blockchain finance is quietly accelerating. Tokenized stocks—digital representations of traditional equities—a ...

Company Overview - Tharimmune, Inc. (THAR) is a pre-revenue biotech research and development firm with no long-term debt [1] - The company reported annual expenses of $10.3 million and $7.6 million in unspecified revenue [1] Investment Strategy - The investment approach focuses on a diversified portfolio including low-cost index funds, U.S. T-Bills/Treasuries, investment real estate, and a small percentage of individual stocks [1] - Individual stocks are selected for long-term growth potential or to provide higher income compared to real estate investments [1] Current Holdings - Current individual stock holdings include AMZN, TSMC, EPD, TROW, and BMNR, with a long position in all except TROW, where covered calls are consistently sold [1] Analyst's Position - The analyst holds a beneficial long position in THAR through stock ownership, options, or other derivatives [1] - The article reflects the analyst's personal opinions and is not compensated beyond contributions to Seeking Alpha [1]

Cryptocurrency custody company BitGo Holdings (NYSE: BTGO) finally made its Wall Street debut on Jan. 22 when it launched its initial public offering (IPO) on the New York Stock Exchange (NYSE). It is the first crypto IPO of 2026, and the stock's performance so far hasn't disappointed traders. Related: Analyst doubles down on 2026's first crypto IPO debut today Founded in 2013, BitGo is a crypto company that offers self-custody, regulated trust, and prime brokerage services to institutional players. It ...

Core Insights - The convergence of blockchain technology, institutional adoption, and regulatory clarity is transforming digital assets into a foundational layer of the global financial system, as highlighted in Ark Invest's Big Ideas 2026 report [1] Digital Asset Growth - Bitcoin is increasingly recognized as a new institutional asset class, with U.S. ETFs and public companies raising their combined bitcoin holdings to approximately 12% of total supply in 2025, up from less than 9% the previous year [2][3] - Bitcoin's risk-adjusted returns have outperformed most major cryptocurrencies and broader crypto indexes, indicating its maturation as a store of value [3] Market Projections - Ark Invest anticipates that the combined market for Bitcoin and smart contract networks could grow at an annualized rate of about 60% to roughly $28 trillion by 2030, with Bitcoin expected to account for around 70% of that total [4] - The firm's forecast suggests Bitcoin's market capitalization could increase from about $2 trillion today to approximately $16 trillion by the end of the decade, driven by its role as "digital gold" and rising institutional participation [5] Stablecoins and Tokenization - The rapid growth of stablecoins and tokenized real-world assets is identified as a key catalyst for broader adoption, with regulatory clarity in the U.S. prompting financial institutions to reassess their strategies [6] - Stablecoin transaction volumes are reaching levels that rival or exceed major legacy payment networks [6] Future of Tokenized Assets - Tokenized U.S. Treasuries, commodities, and equities are seen as early indicators of a larger migration of financial assets onto public blockchains [7] - Although the market value of tokenized assets is currently small, projections indicate it could exceed $11 trillion by 2030 as sovereign debt, bank deposits, and public equities increasingly transition on-chain [8] - Decentralized finance (DeFi) platforms and crypto-native issuers are closing the gap with traditional fintechs in terms of assets under management, revenue efficiency, and institutional relevance [8]

Group 1: BitGo IPO Overview - BitGo Holdings is set to begin trading under the ticker "BTGO" on the NYSE on January 22, marking the first crypto IPO of 2026 [1] - The company plans to sell 11.8 million shares at a price range of $15-$17, ultimately pricing the IPO at $18 per share, resulting in an offering of approximately $212.8 million [4] - The IPO values BitGo at over $2 billion, with underwriters granted a 30-day option to purchase an additional 1,770,000 shares [5] Group 2: Company Background and Market Context - Founded in 2013, BitGo offers self-custody, regulated trust, and prime brokerage services to institutional clients, holding $104 billion in assets on its platform [2] - Despite a market crash in October 2025 that affected the crypto industry, BitGo proceeded with its IPO plans [3] - The digital asset market experienced a surge in IPOs in 2025, with BitGo filing for its IPO on September 19, 2025 [2] Group 3: Analyst Insights - Matthew Sigel from VanEck describes BitGo's equity as a "superior asset," noting it will be the first public company providing direct exposure to the crypto custody business [7] - The $2 billion valuation is considered "modest," yet BitGo is expected to have achieved revenue growth exceeding 50% during a challenging crypto market [7] - Sigel highlights the potential for significant upside for BitGo due to tokenization and crypto institutionalization, especially with new SEC rule-making and the potential passage of the CLARITY Act [8]

Core Insights - Ethereum's price recently experienced significant volatility, dropping below $3,000 and reaching an intraday low of approximately $2,870 before stabilizing [1] - BlackRock emphasizes Ethereum's long-term value as a critical infrastructure for tokenization rather than merely a speculative asset [2] Tokenization and Market Position - Ethereum is described as the "toll road" for tokenization, highlighting its essential role as more financial instruments transition to on-chain systems [2] - Approximately 65% of all tokenized assets are currently on Ethereum, indicating a near-monopolistic position in the tokenization market [3] - The real-world asset (RWA) market has seen tokenized RWAs reach an all-time high of around $21 billion, with Ethereum accounting for about $11.6 billion, or 55% of the total RWA market [4] Network Effects and Institutional Behavior - The concentration of tokenized assets on Ethereum suggests that its advantages are compounding, as issuers prefer to build on established networks with liquidity and security [5] - Long-term holders of Ethereum are showing a positive net position change, indicating a shift from selling to accumulation, which may support price stability and recovery [6][7] Price Recovery and Market Sentiment - Ethereum's price is currently around $2,997, having rebounded from lows of $2,870, with the $3,000 level being a critical psychological threshold for traders [8]

Core Viewpoint - Ondo Finance is set to tokenize BitGo's stock on blockchain platforms, providing global investors with quicker access to the newly public crypto custodian on the same day as its NYSE listing [1][2]. Group 1: Tokenization and Trading - Ondo Finance claims to be among the first to tokenize a U.S. company's stock shortly after its IPO, allowing international investors to buy BitGo shares using stablecoins without needing brokerage access [2]. - The tokenized shares will be tradable on Ethereum, Solana, and BNB Chain through Ondo Global Markets, enhancing accessibility for global investors [1]. Group 2: BitGo's Market Position - BitGo, a key player in the digital asset space, provides crypto custody and settlement infrastructure for institutions [3]. - The IPO of BitGo is priced at $18 per share, occurring during a challenging period for the broader crypto market, with Bitcoin nearly 30% lower than its October record high [3]. Group 3: Ondo Global Markets Performance - Since launching token versions of major U.S. stocks and ETFs in September, Ondo Global Markets has achieved over $466 million in total value locked and $6.4 billion in cumulative trading activity [4].