Core Viewpoint - Bed Bath & Beyond (BBBY) is planning to acquire Tokens.com and launch a platform focused on asset tokenization, starting with real estate, which has led to a 7% increase in its shares [1]. Group 1: Acquisition and Platform Launch - The company intends to build a platform that allows users to access the value of their assets, such as home equity, and convert them into cash or tradable digital tokens [2]. - The platform aims to simplify the financing process by enabling users to view their assets and their worth in one place, eliminating the need for traditional bank loans [2]. Group 2: Technology and Partnerships - Tokens.com will utilize tools from tZERO for regulated trading and storage of assets, and will collaborate with Figure (FIGR) to provide financial services like mortgages and home equity lines of credit [3]. - The platform is expected to launch by July [3]. Group 3: Strategic Shift and Background - This initiative is part of Bed Bath & Beyond's strategic shift into blockchain technology and tokenization following its bankruptcy restructuring in 2023, during which it sold its brand and intellectual property to Overstock.com [4]. - The company is now a significant shareholder of tZERO, which is recognized for its regulated digital asset platform and brokerage services [5].

Cayman Islands 6770 N/A AMENDMENT NO.1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Aperture AC (Exact name of registrant as specified in its charter) ____________________ As filed with the U.S. Securities and Exchange Commission on January 30, 2026. Registration No. 333-291583 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Numbe ...

Table of Contents As filed with the Securities and Exchange Commission on January 29, 2026 Registration No. 333-291492 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Grayscale Investments, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 6221 39-2149041 (Primary Standard Industrial Classification Code Number) 290 Harbo ...

Core Viewpoint - Circle Internet Group, Inc. (NYSE:CRCL) is a leading entity in the financial services sector, recognized for its innovative strategies in digital currency and blockchain technology, and has shown strong financial performance [1] Financial Performance - CRCL has a notable earnings surprise history, with an average surprise of 235.86% over the last two quarters, indicating consistent outperformance against earnings estimates [2][6] - In the most recent quarter, CRCL reported earnings of $0.64 per share, exceeding the expected $0.20 per share, resulting in a 220% surprise [3] - In the previous quarter, CRCL reported $1.02 per share against an expected $0.29, marking a 251.72% surprise [3] Market Outlook - Dan Dolev from Mizuho Securities has set a price target of $77 for CRCL, suggesting a potential price increase of approximately 10.06% from its current price of $69.96 [2][6] - CRCL's market capitalization is approximately $17.8 billion, with stock fluctuations between a low of $67.50 and a high of $70.54, reflecting a decrease of 1.33% or $0.94 [5] Industry Context - The crypto industry is currently facing challenges, particularly in Washington, with delays in legislative processes impacting the sector [4] - Despite these challenges, CRCL is well-positioned to maintain its earnings-beat streak due to its strong financial performance and innovative approach [4][6] Upcoming Events - CRCL is scheduled to announce its financial results for the fourth quarter and the full fiscal year of 2025 on February 25, 2026, and will host a live audio webcast to discuss these outcomes [5]

Core Insights - Crypto traders are shifting from token speculation to prediction markets, with platforms like Polymarket experiencing a surge in app installs from 30,000 to over 400,000 between January and December 2025 [1] - Weekly trading volume on prediction platforms, including Polymarket and Kalshi, increased from $500 million in June to nearly $6 billion in January [1] - The token economy is facing fatigue, highlighted by Bitcoin's nearly 30% decline from its October peak and the extinction of over 11 million coins last year, marking a significant downturn in the crypto market [2] Market Dynamics - Digital asset investment products saw a significant outflow of $1.73 billion, the largest weekly outflow since mid-November 2025, driven by bearish sentiment and fading rate-cut expectations [2] - Bitcoin spot ETFs experienced a loss of $1.62 billion over four consecutive trading days as hedge funds unwound basis trades yielding below 5% [3] Trader Behavior - Former memecoin traders are leading the migration to prediction markets, which offer binary odds on real-world events, as opposed to long-term token investments [4] - Despite the shift, losses are prevalent in prediction markets, with 70% of trading addresses showing realized losses, while only 0.04% of Polymarket addresses captured over 70% of total realized profits amounting to $3.7 billion [5] Technological Infrastructure - The infrastructure for prediction markets remains fundamentally crypto-powered, with key trading components on Polymarket occurring on-chain, showcasing blockchain technology's durable use case [6] - Crypto contracts have become the second-busiest trading category on Polymarket, with notional crypto volume increasing nearly tenfold across major platforms [6]

Core Viewpoint - BitGo Holdings has successfully launched its IPO, indicating strong interest in the cryptocurrency market despite recent declines in Bitcoin prices [1][2][6]. Company Overview - BitGo Holdings is a cryptocurrency custody startup that went public with an opening price of $18 per share, raising $212.8 million by selling 11.8 million shares [1][6]. - Founded in 2013, BitGo claims to be the first to commercialize multi-signature digital wallets and has expanded its services to include regulated cold storage and hot wallet products [4]. - The company operates in over 90 countries, managing more than 9.3 million wallets and holding assets exceeding $104 billion on its platform [5]. Market Context - The IPO valued BitGo at $2.08 billion, reflecting the company's significant position in the cryptocurrency sector [6]. - The U.S. government has shown support for the crypto industry, leading to over 300 IPOs and blockchain-specific listings in 2025, with expectations for continued growth in 2026 [7].

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]

Core Insights - BlackRock acknowledges Ethereum's significant role in tokenization, suggesting it may become a central player in blockchain-based markets on Wall Street [1] - Ethereum currently supports 65% of tokenized assets, indicating its dominance in this sector and potential for value growth as more firms utilize it for digital asset representation [2][3] - The report highlights a trend where tokenized assets are gaining traction beyond speculative trading, with stablecoin adoption outpacing spot crypto trading volumes [2] Group 1 - Ethereum is seen as a potential "toll road" for blockchain markets, benefiting from increased trading activity and the issuance of stablecoins and real-world assets [1][3] - BlackRock's tokenized money market fund, BUIDL, has $1.6 billion in assets, with significant portions on Ethereum ($499 million) and Binance's BNB Chain ($503 million) [5] - The firm emphasizes the convergence of traditional markets with crypto, exemplified by the interest in spot exchange-traded funds for digital assets [5] Group 2 - BlackRock manages the largest ETFs for Bitcoin and Ethereum, with assets under management of $70.6 billion and $10.7 billion, respectively [6] - The report notes that while multiple networks can support tokenized assets, only Bitcoin and Ethereum are highlighted, indicating a focused strategy on these two [4] - Ethereum currently manages $13.2 billion in real-world assets, showcasing its capability in the tokenization space compared to other networks [4]

Group 1 - Tokenization leverages blockchain technology to create digital tokens representing various assets such as stocks, bonds, real estate, and art, enabling trading by anyone globally at any time [1] - Stablecoins, typically valued at US$1, have increased the demand for tokenizing other financial assets [1] Group 2 - Intercontinental Exchange is developing a platform to facilitate trading of tokenized company shares, pending regulatory approval, as part of its strategy to enhance transaction clearing capabilities for 24/7 trading of tokenized securities [2] - The platform aims to potentially integrate tokenized collateral, expanding the scope of trading activities [2] Group 3 - Intercontinental Exchange is collaborating with Citigroup, Bank of New York Mellon, and other financial institutions to support tokenized deposits across its six global clearinghouses [3]

Core Viewpoint - Trump Media and Technology Group Corp. is launching a digital token initiative for shareholders, with a record date set for February 2, 2026, allowing eligible shareholders to receive tokens and associated incentives [2][3]. Group 1: Digital Token Initiative - The digital token initiative will allow ultimate beneficial owners and registered holders of at least one whole share of DJT stock as of the record date to receive tokens [3]. - Trump Media will collaborate with Crypto.com to mint the digital tokens, display them on the blockchain, and manage the digital assets until distribution [4]. - Additional rewards for record-date shareholders will be available periodically throughout the year, potentially including benefits or discounts related to Trump Media products [5]. Group 2: Shareholder Eligibility and Process - Shareholders are encouraged to confirm their status as non-objecting beneficial owners (NOBO) to ensure timely information sharing regarding the token distribution [3]. - The tokens distributed will not represent an ownership interest in Trump Media and are not expected to be transferable or exchangeable for cash [6]. Group 3: Company Overview - Trump Media aims to counteract Big Tech's censorship by providing platforms for free expression, including Truth Social and Truth+, a family-friendly streaming service [10].