Core Viewpoint - Securitize, Inc. is advancing its business combination with Cantor Equity Partners II, Inc. by filing a registration statement with the SEC, marking a significant step towards becoming a publicly listed company [1][3]. Company Overview - Securitize is recognized as the leading platform for tokenizing real-world assets, with over $4 billion in assets under management (AUM) as of November 2025 [4]. - The company partners with top-tier asset managers including Apollo, BlackRock, Hamilton Lane, KKR, and VanEck [4]. - Securitize operates as a SEC-registered broker dealer, digital transfer agent, and fund administrator, and is recognized as a 2025 Forbes Top 50 Fintech company [4]. Financial Performance - For the nine months ended September 30, 2025, Securitize reported total revenue of $55.6 million, an increase of 841% compared to $5.9 million for the same period in 2024 [7]. - For the year ended December 31, 2024, total revenue was reported at $18.8 million, reflecting a 129% increase from $8.2 million in 2023 [7]. Business Combination Details - The registration statement includes a combined proxy statement/prospectus related to the proposed business combination and contains updated historical financial information for Securitize [3]. - The completion of the business combination is contingent upon customary closing conditions, including shareholder approval from CEPT and the effectiveness of the registration statement [3].

Core Viewpoint - Streamex Corp. has successfully closed the sale of 1,750,000 shares of common stock, raising a total of $40.25 million in gross proceeds through a public offering, which includes the exercise of an over-allotment option by underwriters [1][2]. Group 1: Offering Details - The total number of shares issued by the company now stands at 13,416,667, which includes 11,666,667 shares issued on January 26, 2026 [1]. - The offering was conducted under a shelf registration statement declared effective by the SEC on December 17, 2024, and a final prospectus supplement has been filed with the SEC [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to repay prior indebtedness, in line with the company's financing strategy, as well as for working capital and general corporate purposes [2]. Group 3: Company Overview - Streamex Corp. is a technology and infrastructure company focused on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that integrate traditional commodities and assets into blockchain-enabled markets [5].

Core Viewpoint - Streamex Corp. has successfully closed its underwritten public offering, raising approximately $35 million through the sale of 11,666,667 shares at a price of $3.00 per share, with plans to utilize the proceeds for debt repayment and general corporate purposes [2][3]. Group 1: Offering Details - The public offering consisted of 11,666,667 shares of common stock priced at $3.00 per share, generating gross proceeds of approximately $35 million before expenses [2]. - The company has granted underwriters a 30-day option to purchase an additional 1,750,000 shares at the public offering price [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay prior indebtedness and for working capital and general corporate purposes [3]. Group 3: Regulatory Information - The offering was conducted under a shelf registration statement on Form S-3, which was declared effective by the SEC on December 17, 2024 [4]. Group 4: Company Overview - Streamex Corp. is a technology and infrastructure company focused on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that integrate traditional commodities and assets into blockchain-enabled markets [6].

Core Insights - Ondo (ONDO) has experienced a significant price drop of over 80% from its all-time high, yet its total value locked (TVL) has reached a new record, indicating a paradox in its market performance [1][3][7] - The tokenization sector is projected to have a positive outlook by industry leaders for 2026, suggesting potential growth in this area [1][9] Company Overview - Ondo is a decentralized finance (DeFi) protocol that focuses on the tokenization of real-world assets (RWAs), allowing users to access traditional financial products such as US Treasury bonds, credit funds, and tokenized equities on the blockchain [2] Price Performance - ONDO's price fell from a peak above $2.1 to around $0.35, marking a decline of more than 80% [3] - Following the unlocking of 1.94 billion tokens, which accounted for 57.23% of the issued supply, ONDO faced additional selling pressure, resulting in a further 10% drop in price [4] Market Dynamics - The total market value of tokenized stocks has reached an all-time high of $441.2 million, with Ondo Finance leading the sector with a 54.4% market share [5] - Despite a downturn in the broader crypto market, the tokenized equity market capitalization has surged since September of the previous year, indicating continued enterprise investment in tokenized equities [6] Total Value Locked (TVL) - Ondo's TVL increased sharply in January, surpassing $2.5 billion, reflecting strong user participation and confidence in the protocol [7][8] - The contrast between falling market prices and rising capital inflows has led analysts to suspect that Ondo may be undervalued, as retail investors often overlook fundamental factors due to market sentiment [8]

Core Viewpoint - Streamex Corp. has announced a public offering of 11,666,667 shares of common stock at a price of $3.00 per share, aiming to raise approximately $35 million in gross proceeds to repay debt and for general corporate purposes [1][5]. Group 1: Offering Details - The public offering is expected to close on or around January 26, 2026, subject to customary closing conditions [1]. - The company has granted underwriters a 30-day option to purchase up to an additional 1,750,000 shares at the public offering price [1]. - Needham & Company and Siebert are acting as joint book-running managers for the offering [2]. Group 2: Financial and Corporate Strategy - The net proceeds from the offering will be used to repay prior indebtedness and for working capital and general corporate purposes [1]. - The offering is made pursuant to a shelf registration statement on Form S-3, which was declared effective by the SEC on December 17, 2024 [3]. Group 3: Company Overview - Streamex Corp. is focused on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that integrate traditional commodities and assets into blockchain-enabled markets [5]. - The company aims to deliver transparent, scalable, and compliant digital asset solutions [5].

Core Insights - Bhutan will launch a sovereign digital token, TER, backed by its physical gold reserves on the Solana blockchain, debuting on December 17, 2025 [1] - The initiative is a collaboration between Gelephu Mindfulness City, DK Bank, and Matrixdock technology, marking a significant step in digitizing sovereign wealth [1][2] - DK Bank will manage the distribution and custody of the token, while Matrixdock provides the underlying technology [2] Economic Strategy - The launch of TER is part of Bhutan's broader strategy to modernize its economy and financial infrastructure, which includes previous explorations of a central bank digital currency (CBDC) and active Bitcoin mining [3] - The choice of the Solana blockchain is due to its high throughput and low transaction costs, indicating a strategic decision to leverage efficient technology [2][5] Institutional Implications - The tokenization of real-world assets is a familiar concept, but a sovereign nation utilizing public blockchain for its gold reserves sets a significant precedent [4] - The initiative serves as a test for the security and reliability of public ledger technology in government finance, with financial institutions monitoring the regulatory treatment and custodial arrangements [4] - The success or failure of this initiative could influence other small nations in enhancing the liquidity and accessibility of their sovereign assets [5]

Core Viewpoint - Securitize, Inc. is set to become the first publicly listed securities-focused tokenization company through a proposed business combination with Cantor Equity Partners II, Inc., valuing Securitize at a pre-money equity value of $1.25 billion [4]. Company Overview - Securitize is recognized as the world's leading platform for tokenizing real-world assets, managing over $4 billion in assets under management (AUM) as of October 2025 [5]. - The company partners with top-tier asset managers, including Apollo, BlackRock, Hamilton Lane, KKR, and VanEck [5]. - Securitize operates as a SEC-registered broker dealer, digital transfer agent, fund administrator, and operator of a SEC-regulated Alternative Trading System (ATS) [5]. Business Combination Details - The business combination agreement between Securitize and Cantor Equity Partners II was announced on October 27, 2025 [4]. - Upon completion, the combined entity will be renamed Securitize Corp. and is expected to trade on Nasdaq under the ticker symbol "SECZ" [4]. - An investor webcast is scheduled for November 21, 2025, featuring remarks from key executives, including the CEO, CFO, and COO, discussing the company's vision and strategic rationale for the transaction [3]. Market Position and Recognition - Securitize has been recognized as a 2025 Forbes Top 50 Fintech company, highlighting its significant impact and leadership in the fintech space [5]. - The company aims to leverage its position in the growing market for tokenized assets, which is increasingly gaining traction among investors and asset managers [5].

Core Insights - FG Nexus is focused on building a digital asset treasury and a platform for the tokenization of real-world assets [3] - The company plans to enhance the yield on its treasury by staking ETH and implementing additional yield strategies [3] - CEO Maja Vujinovic will participate in a panel discussion at the Clear Street Disruptive Technology Conference on November 20, 2025 [1][2] Company Overview - FG Nexus (Nasdaq: FGNX, FGNXP) aims to position itself as a strategic gateway into digital-asset-powered finance, including tokenized real-world assets (RWAs) and stablecoin-based yield solutions [3] - The company is actively engaging with investors through one-on-one meetings during the conference [2]

Core Insights - The launch of Streamex's $100 million USD GLDY pre-sale represents a significant opportunity for gold investors, transforming gold into a yield-generating asset [1][3] - GLDY is designed to provide both spot gold exposure and yield paid in additional ounces of physical gold bullion, marking a major innovation in gold investment [4][9] Company Overview - Streamex Corp. is a leader in the tokenization of real-world assets and commodity-backed stablecoins, focusing on creating regulated, yield-bearing financial instruments [3][14] - The company aims to bridge traditional finance and blockchain markets by offering scalable and compliant digital asset solutions [14] GLDY Pre-Sale Details - The pre-sale for GLDY begins on November 10, 2025, with a target of raising $100 million USD, and Streamex will co-invest at least $5 million USD to demonstrate confidence in the strategy [3][13] - Minimum subscription sizes are set at $200,000 USD for accredited individuals and $1 million USD for institutions [5] Investment Structure - Each GLDY token represents a non-voting digital share backed by one troy ounce of physical gold, with an anticipated yield of up to 4% paid in ounces of gold [8][9] - The program will pay periodic distributions in the form of scrip dividends, allowing investors to earn yield while maintaining exposure to gold's price performance [9][12] Platform and Infrastructure - The GLDY platform is designed to host next-generation real-world assets, providing a user-friendly portal for investors to learn and participate in the offering [6][7] - The platform will facilitate subscriptions in U.S. dollars, stablecoins, or other approved digital assets, with redemption options available [12] Regulatory Compliance - GLDY will be offered as a security under Rule 506(c) of Regulation D, exclusively to accredited investors and institutions, ensuring compliance with applicable laws [6][11]

Core Insights - Ethereum is set to launch its next network upgrade, Fusaka, on December 3, which is expected to build on the successes of the previous upgrade, Pectra [1][7] - Fusaka is anticipated to be a significant catalyst for price increases and long-term improvements in the Ethereum network [1][4] Network Improvements - The Pectra upgrade, launched in early May, improved wallet usability and transaction processing efficiency, addressing Ethereum's historical challenges with high transaction costs [3][5] - Fusaka will introduce a hard cap on gas fees per transaction, aiming to eliminate the issue of exorbitant fees during network congestion, which can reach dozens of dollars [5][6] - The upgrade will enhance the network's ability to manage transaction sizes, preventing large transactions from degrading the overall user experience [6] Future Potential - Fusaka is expected to improve blockchain strength and transaction execution, setting the stage for better throughput and user experience in the future [7] - The timing of Fusaka coincides with Wall Street and major asset managers increasingly tokenizing real-world assets, positioning Ethereum as a key player in capital management [8]