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Crypto Winter Fears Rise
Bloomberg Technology· 2025-12-05 21:10
Bitcoin's decoupling from stocks. What's it telling you. Look, I think without a doubt, the last three weeks have been painful.You know, we've seen one and a half times higher volatility in the last three weeks than we've seen in 2025 total. And a lot of that has to do with a number of things. One, there's implications outside of just macro, which is, you know, more global and geopolitical.And we're seeing a lot of bit of that. We're also seeing, you know, some decoupling into the weekend where we are seein ...
X @The Block
The Block· 2025-12-05 20:44
RT James Hunt (@humanjets)🗞️ From the UK recognizing crypto as property to BlackRock saying tokenization could do for finance what the early internet did for information, plus Strategy's $1.4B reserve — here are some of the stories that caught our eye @TheBlock__ this week in The Daily newsletter 👀🧵⬇️ https://t.co/dFVDGbtJwW ...
CME Group Inc. (CME): A Bull Case Theory
Yahoo Finance· 2025-12-05 20:07
Core Thesis - CME Group Inc. is experiencing mixed financial results, with a focus on strategic initiatives and potential growth opportunities despite recent revenue declines [2][3][4]. Financial Performance - Total net revenue for Q3 2025 was $1.54 billion, down 9% sequentially and 3% year-over-year, primarily due to weaker clearing and transaction fees [2]. - Adjusted EPS was $2.68, flat year-over-year but 2% above consensus, supported by stronger non-operating income of $214 million [3]. - Trading volumes softened, with total futures and options average daily volume (ADV) down 16% quarter-over-quarter to 25.3 million [3]. Cost Management - Management lowered its full-year expense guidance by $10 million to $1.625 billion, citing reduced costs related to Google migration and professional services [4]. Strategic Initiatives - CME is prepared to support FanDuel-related prediction markets pending regulatory approval and is cautious about certain election contracts [5]. - The company is working with Google on tokenization of cash for collateral, enabling 24/7 trading infrastructure [5]. - CME announced a 3.5% increase in market data pricing effective January 2026 [4]. Market Position - CME Group's stock price was $278.99 as of December 1st, with trailing and forward P/E ratios of 27.03 and 24.10 respectively [1]. - The company is not among the 30 most popular stocks among hedge funds, with 75 hedge fund portfolios holding CME at the end of Q2, up from 73 in the previous quarter [7].
X @Token Terminal 📊
Token Terminal 📊· 2025-12-05 18:51
RT Token Terminal 📊 (@tokenterminal)3) Janus Henderson’s JAAA credit fund has contributed $1 billion in TVL> Product overview. JAAA is a tokenized credit fund on Centrifuge that mirrors Janus Henderson’s AAA CLO strategy. The same team also runs the companion AAA CLO ETF (ticker: JAAA) in traditional markets, which manages about $25 billion in assets.> Investor benefit. Tokenizing this strategy brings an established AAA CLO product onchain, so investors can hold that exposure as a token and use it directly ...
X @Chainlink
Chainlink· 2025-12-05 18:44
NOW LIVE: @WTR_Research's report on how Chainlink unlocks a $3 quadrillion opportunity ↓Water Tower Research LLC (@WTR_Research):Tokenization is accelerating—and could reshape global capital markets by 2030. Our latest Tech Talk breaks down the numbers, the bottlenecks, and the emerging infrastructure leaders.John Roy, Ph.D.'s full report dives deeper into the architecture, market constraints, and why https://t.co/EXnZKWIKQO ...
X @Token Terminal 📊
Token Terminal 📊· 2025-12-05 17:50
Platform Overview - Centrifuge is an asset tokenization and vault platform [1] - The platform facilitates the issuance and management of funds backed by tokenized assets [1] - It enables asset managers to bring existing strategies onchain or launch new tokenized funds [1] - Onchain allocators, stablecoins, and curators can use these funds to gain exposure to credit, treasuries, and other tokenized real-world assets for uncorrelated, stable yields [2]
Wall Street Sees Robinhood Winning Prediction Market Race As Old Users Flock Back
Benzinga· 2025-12-05 17:34
Core Viewpoint - Robinhood Markets is implementing a disciplined financial strategy and focusing on prediction markets, tokenization, and social trading under the leadership of its new CFO, Shiv Verma [1][3]. Financial Strategy - The new CFO plans to maintain a budgeting discipline similar to former CFO Jason Warnick, with a focus on growing earnings per share and free cash flow per share as primary financial goals [3]. - The company intends to keep headcount lean and utilize AI tools to enhance productivity without significantly increasing team size [4]. Investor Interest - Total inbound interest in Robinhood has doubled compared to earlier this year, with engagement from Asian firms increasing fivefold and European firms tripling [5]. - Long-only investors account for about half of all inquiries to the investor relations team [5]. Prediction Markets - Prediction markets were a key topic of discussion, with management expressing confidence in handling increased regulatory scrutiny, believing that tighter rules will strengthen their competitive position [6]. - The product is currently unavailable in Nevada and Maryland, and Robinhood is seeking an injunction in Connecticut to facilitate operations [7]. Trading Activity - Sports contracts are the primary driver of trading volumes, but the platform also sees significant activity around major political and macroeconomic events [8]. - A notable portion of users consists of reactivated accounts returning specifically for event market trading [9]. Joint Ventures and Market Control - A new joint venture for prediction markets allows Robinhood greater control over listings, pricing, and long-term liquidity partnerships [10]. - Management aims to become more vertically integrated in the prediction market space, reducing reliance on external partners over time [10]. Market Dynamics - The long-term success in prediction markets is expected to favor platforms with strong liquidity and distribution, while event listings and exchange execution may become commoditized [11]. - Despite the downturn in digital asset prices, tokenization and broader crypto initiatives remain a focus for Robinhood [11]. Customer Demand - There is growing customer demand for 24/7 trading, which is facilitated by tokenization, and plans are in place to launch more tokenized equities before expanding into other asset classes [12].
Tokenized stocks offer new opportunities for investors, but carry unique risks
CNBC· 2025-12-05 17:22
Tokenized stocks are gaining ground as a way for ordinary people to access investment opportunities long reserved for high net-worth individuals and other accredited investors. But while retail traders' interest in the emerging asset class is accelerating, some experts are cautioning them to pump the breaks. Tokenization refers to the process of creating a digital version of a real-world asset – for example, a stock, bond or real-estate deed – on a blockchain, or decentralized network. And as real-world ass ...
X @Token Terminal 📊
Token Terminal 📊· 2025-12-05 16:51
How Centrifuge tokenized $1.3 billion in 2025Each week in The Snapshot, we share data-driven insights, highlight new listings, and showcase our latest product updates.Read on for the latest edition, authored by @f9s216 👇 https://t.co/japA3c7SLA ...
Is Ethereum the Best Cryptocurrency to Buy Under $4,000?
Yahoo Finance· 2025-12-05 09:20
Key Points Ethereum's newest upgrade, Fusaka, is here. It should help to keep gas fees under control. It probably won't be a revolution in terms of its impact on the chain's competitive positioning. 10 stocks we like better than Ethereum › Today Ethereum (CRYPTO: ETH) is priced at about $3,100 per coin, well below its highs of about $4,800 from earlier this year. That price comes just as the network was poised to ship its Fusaka upgrade earlier this week, and as spot Ethereum exchange-traded fund ...