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What are tokenized securities? Risks and what to know as stock exchange NYSE embraces the blockchain
Yahoo Finance· 2026-01-20 14:05
Core Viewpoint - The New York Stock Exchange (NYSE) is developing a platform for trading tokenized securities, which are digital representations of assets like stocks and bonds, although the launch date remains uncertain [1][4]. Group 1: Tokenized Securities - Tokenized securities are digital versions of stocks and bonds traded on the blockchain, allowing users to fund trades using stablecoins pegged to assets like the U.S. dollar [3]. - The introduction of this platform would enable 24/7 trading, similar to the current trading environment for Bitcoin investors [3]. Group 2: NYSE's Strategic Position - The NYSE aims to modernize its operations and maintain its leadership in the stock market amid increasing competition from platforms like Robinhood and fintech companies such as Coinbase and Kraken [6]. - Major financial institutions, including Goldman Sachs and Bank of New York Mellon, are also exploring digitization of financial products, indicating a broader industry trend towards tokenization [6]. Group 3: Regulatory Considerations - The NYSE's new platform requires regulatory approval from the Securities and Exchange Commission (SEC), with the current political climate potentially favoring crypto-friendly policies [5].
Morning Minute: NYSE Leans Into 24/7 Tokenized Trading Onchain
Yahoo Finance· 2026-01-20 13:46
Core Viewpoint - The New York Stock Exchange (NYSE) is developing infrastructure to support 24/7 trading of tokenized stocks and ETFs, marking a significant shift towards blockchain integration in traditional finance [2]. Group 1: NYSE Developments - The NYSE, under its parent company Intercontinental Exchange, is preparing to enable continuous trading of traditional securities using blockchain technology, moving away from fixed market hours and delayed settlements [2]. - The initiative requires regulatory approval and is not yet operational, but it signals progress for advocates of blockchain in finance [2]. Group 2: Industry Reactions - Lynn Martin, President of NYSE Group, emphasized the NYSE's role in transforming market operations and its commitment to on-chain solutions that combine trust with advanced technology [3]. - BlackRock executives noted that the finance sector is entering a new evolution in market infrastructure, which could enhance the speed and security of asset transactions [3]. Group 3: Importance of the Shift - The NYSE's move towards a crypto-native market structure is significant as it reflects the growing acceptance of blockchain in mainstream finance [4]. - The transition to 24/7 trading and tokenization validates the core thesis of the crypto market, highlighting the obsolescence of traditional trading hours [6]. - The tokenization of equities on major exchanges will challenge the perception of tokenization as experimental, making it harder for regulators and institutions to dismiss its legitimacy [6]. - The convergence of traditional finance (TradFi) and crypto is nearing, as the NYSE's adoption of blockchain for trading and settlement indicates an inevitable integration of the two sectors [6].
Tharimmune, Inc. Announces Pricing of $55 Million Underwritten Registered Offering
Prnewswire· 2026-01-20 13:45
Core Viewpoint - Tharimmune, Inc. has announced a $55 million registered offering to support its digital asset treasury strategy leveraging the Canton Network, which aims to digitize traditional financial markets [1][2]. Group 1: Offering Details - The offering includes the issuance of 1,800,000 shares of common stock at a price of $2.92 per share and pre-funded warrants to purchase up to 17,000,000 shares at a price of $2.9199 per warrant [2]. - The offering is expected to close on or about January 21, 2026, pending customary closing conditions [2]. Group 2: Company Background - Tharimmune, Inc. is the first publicly traded company to utilize Canton Coin and support the Canton Network, focusing on institutional blockchain adoption and the digitization of financial markets [6]. - The company also engages in clinical-stage biotech research and development [6]. Group 3: Underwriting and Registration - Clear Street is acting as the sole bookrunner for the offering [3]. - The securities are being offered under a shelf registration statement filed with the SEC on January 9, 2026, which became effective on January 16, 2026 [4].
Greenlite Ventures Engages PCAOB-Registered Audit Firm
Accessnewswire· 2026-01-20 13:20
Group 1 - Greenlite Ventures, Inc. has engaged Barton CPA PLLC for audit and financial review services to support its transition to SEC reporting company status [1][2] - The CEO of Greenlite Ventures emphasized that becoming an SEC reporting company is a crucial part of the company's long-term compliance strategy and expects to provide updates as the reporting process advances [2] - Greenlite Ventures is a technology company focused on blockchain-powered platforms in online gaming and digital assets, operating various proprietary platforms including a daily fantasy sports platform, a sports betting exchange, a crypto exchange, and a prediction market platform [3]
Earlyworks Closes Acquisition and Rebrands as Perpetuals.com (NASDAQ: PDC), Targeting the Multi-Trillion-Dollar Global Derivatives Market
Globenewswire· 2026-01-20 13:07
Core Viewpoint - Earlyworks Co., Ltd. has successfully acquired Perpetual Markets Ltd., rebranding as Perpetuals.com Ltd. with a new Nasdaq ticker symbol PDC, aiming to integrate traditional finance with blockchain-based crypto markets through innovative software solutions [1][7]. Company Overview - Perpetuals.com Ltd. develops software solutions that merge traditional financial markets with blockchain-based crypto markets, with its core product being the Kronos X exchange software suite [1][8]. - The company plans to operate its own Multilateral Trading Facilities in Europe and launch new tokenized products, including pre-IPO contracts and tokenized structured products [2]. Technology and Innovation - The proprietary technology of the combined business enables regulated financial and crypto services on blockchain infrastructure, leveraging a machine-learning system trained on millions of retail trading data points [3]. - Perpetuals aims to disrupt traditional markets with AI-enhanced products designed to protect retail users from losses in historically unfair trading environments [3][10]. Leadership and Governance - Patrick Gruhn has joined as Co-CEO, bringing extensive experience in regulated digital finance and blockchain innovation [4]. - Matthew Nicoletti has been appointed as the chair of the Compensation Committee, contributing over 15 years of capital markets experience to lead the company's future expansion [5]. Market Opportunity - The global derivatives market was valued at $846 trillion at the end of June 2025, highlighting the significant opportunity for blockchain-native platforms to bridge traditional finance and crypto derivatives [6].
From Blockchain to AI: How AGMH Seizes the Opportunities for Industrial Innovation
Globenewswire· 2026-01-20 13:00
Core Viewpoint - AGM Group Holdings Inc. is actively developing in blockchain and digital currency, leveraging its ASIC chip design and high-performance computing server production capabilities to capitalize on the growing AI industry [1]. ASIC Chip Development - The company's expertise in ASIC chip design allows for deep optimizations tailored to specific applications, including dedicated chips for Ceph's OSD and MON nodes, which enhance data transmission efficiency [2]. Hardware Innovations - AGM has made significant advancements in hardware, optimizing read/write algorithms for flash media to improve durability and performance, and integrating AI technology for intelligent storage management [3]. New Product Launch - The ValleyVerse Kraken All-Flash Clustered Storage Server, designed for AI and high-performance computing, features advanced all-flash storage technology, providing high-speed read/write capabilities and scalability [4]. Market Strategy - The ValleyVerse Kraken represents AGM's core competitiveness in chips and servers, with plans to further develop the AI infrastructure market in response to increasing global demand for AI [5].
Wall Street Breakfast Podcast: Futures Slip As Trading Resumes
Seeking Alpha· 2026-01-20 11:52
Group 1: Stock Market Movements - Logitech (LOGI), NetApp (NTAP), and CDW (CDW) saw declines of 6%, 4%, and 2% respectively after Morgan Stanley downgraded all three, citing a "perfect storm" for IT hardware due to the slowest corporate spending in 15 years outside of COVID-19 [4] - The downgrade was influenced by a 4Q CIO survey indicating softer demand, with resellers expecting 30%-60% of customers to cut budgets for PCs, servers, and storage amid rising component prices [4][5] - The hardware down-cycle is expected to last three to five quarters, with CDW downgraded to Equal-Weight (PT $141), Logitech to Underweight (PT $89), and NetApp to Underweight (PT $89) [5] Group 2: NYSE Developments - The New York Stock Exchange (NYSE) is developing a platform for 24/7 trading of tokenized U.S.-listed equities and ETFs using blockchain technology [5][6] - This platform aims to enable instant settlement, dollar-sized orders, and stablecoin-based funding, although the launch date has not been disclosed [6] - The initiative is part of Intercontinental Exchange's (ICE) broader digital strategy, which includes enhancing clearing infrastructure for 24/7 trading and supporting tokenized deposits [7][8] Group 3: Tesla and EV Market - Tesla (TSLA) is expected to benefit from Canada's decision to reduce tariffs on Chinese-made electric vehicles (EVs) from 100% to 6.1%, allowing 49,000 EVs to be imported annually [9][10] - The EV quota may increase to 70,000 within five years, with half reserved for vehicles priced under C$35,000 ($25,192), which does not include Tesla's models [11] - Tesla's largest plant in Shanghai is already equipped to produce a Canada-specific version of its Model Y, which was previously shipped to Canada before the tariff imposition [10]
PhotonPay receives US state money transmitter licence
Yahoo Finance· 2026-01-20 11:40
Core Viewpoint - PhotonPay has obtained a money transmitter license (MTL) from a US state financial regulator, enhancing its payment and funds transfer capabilities in the region [1] Group 1: Regulatory Approvals - The MTL is a regulatory requirement for businesses involved in money movement or payment services at the state level, complementing PhotonPay's prior registration as a Money Services Business (MSB) with the US Financial Crimes Enforcement Network (FinCEN) [1][2] - The combination of MSB and MTL approvals positions PhotonPay to further develop its operations in the US payments market [2] Group 2: Compliance and Security Enhancements - PhotonPay has reported improvements in customer and business verification (KYC, KYB), anti-money laundering measures, data security, and transaction monitoring to meet regulatory requirements and enhance operational reliability [2] - The company emphasizes that securing the MTL license strengthens its compliance architecture and reflects its commitment to risk management [4] Group 3: Future Expansion Plans - PhotonPay is actively working on obtaining relevant licenses in other regions, including Asia-Pacific, Europe, the Middle East, and additional parts of the Americas [3] - The company acknowledges the sophistication and complexity of the US regulatory landscape [3] Group 4: Technological Initiatives - PhotonPay participated in Circle's Arc public testnet, which aims to integrate real-world economic activity on-chain and evolve into an economic operating system for the internet [4][5]
Exclusive: Trump Wants Exxon In Venezuela, But This Oil Vet Says Only 'Tokenization' Of Barrels Will Make It Safe - Exxon Mobil (NYSE:XOM)
Benzinga· 2026-01-20 07:43
Core Viewpoint - President Trump is encouraging U.S. oil companies to invest in Venezuela's energy sector, but experts warn that without a reliable digital infrastructure, the country remains too risky for major investments [1][2]. Group 1: Digital Infrastructure and Trust - Baron Lamarre suggests that a "trustless" digital infrastructure is necessary to track ownership in Venezuela's energy sector, as traditional contracts are inadequate in a region with broken institutional trust [2][3]. - Tokenization of crude oil on the blockchain is proposed to enhance transparency and allow investors to isolate specific barrels, thereby reducing exposure to opaque state entities [3][4]. Group 2: Market Dynamics and Pricing - The reported 30% price premium on U.S.-brokered Venezuelan oil sales is viewed as a temporary effect of U.S. policy rather than a sign of market recovery [5][6]. - The sustainability of this price premium is contingent on U.S. policy; any changes could lead to a return to deep discounts [6]. Group 3: Environmental and Cleanup Costs - Lamarre proposes an "E-cost" or ecological premium to be included in the price of each barrel sold, aimed at funding environmental remediation without imposing indefinite liabilities on foreign companies [7].
Anthony Scaramucci Says 'Big Ideas Always Meet Resistance' As He Makes Case For Solana To Bring Transaction Verification Costs Down
Benzinga· 2026-01-20 04:12
Core Insights - Anthony Scaramucci, CEO of SkyBridge Capital, emphasizes the inefficiencies in the current financial system and its resistance to blockchain technologies like tokenization [1][2] Group 1: Financial System Inefficiencies - The global cost of transaction verification is approximately $4 trillion annually, which includes fees from credit cards and wire transfers [2] - Scaramucci argues that eliminating these costs could fundamentally change the global economic operating system [2] Group 2: Tokenization and Regulatory Challenges - Scaramucci advocates for the Solana network as a leading blockchain for tokenized assets, claiming it could reduce transaction friction by over 75% if widely adopted [2][3] - Despite its potential, tokenization faces significant regulatory challenges, as highlighted by Coinbase's withdrawal of support for a Senate cryptocurrency bill due to restrictive clauses [4] - SEC Commissioner Hester Peirce notes that legal clarity is essential for tokenization to reach its full potential, indicating a need for updated regulations [5]