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Core Insights - Digital Asset Technologies Inc. (DATT) has appointed Alexander Kravets to its Advisory Board, enhancing its expertise in digital assets and blockchain technology [1][5]. Group 1: Company Overview - Digital Asset Technologies Inc. is a publicly traded investment issuer focused on equity investments in global technology companies [6]. - The company has entered the blockchain technology sector through its portfolio company, LiquidLink AI Corp., which focuses on real-world asset tokenization and decentralized infrastructure [6]. Group 2: Advisory Board Appointment - Alexander Kravets has a strong background in Wall Street trading, fintech innovation, and cryptocurrency market leadership, having founded the U.S. operations of CEX.IO [2]. - Under Kravets's leadership, CEX.IO grew its U.S. business by over 1,100% in three years and secured more than 30 Money Transmission Licenses [2]. - CEX.IO now serves 15 million users across 220 countries, with daily trading volumes reaching up to $600 million [3]. Group 3: Strategic Initiatives - At DATT, Kravets will assist in sourcing and structuring digital asset flows for LiquidLink's Bitcoin Lightning Network nodes and Interledger Protocol nodes [4]. - The transactions will involve Bitcoin, stablecoins, and tokenized real-world assets, structured as loans and revenue-sharing agreements [4]. - The CEO of DATT, Marcus Ingram, emphasized that Kravets's experience will be invaluable as the company expands LiquidLink's capabilities [5].

Core Insights - CME Group reported record average daily volume (ADV) of 30.2 million contracts for Q2 2025, with June ADV reaching 25.7 million contracts, marking significant growth year-over-year [1][2] Q2 2025 Highlights - ADV grew 15% year-over-year, with record volumes in interest rate, agricultural, and metals products [2] - SOFR futures achieved a quarterly ADV record of 4.6 million contracts [2] - International ADV reached a record of 9.2 million contracts [2][3] Asset Class Performance - Interest Rate ADV reached 15.5 million contracts, with 5-Year U.S. Treasury Note futures at 2 million contracts and 2-Year U.S. Treasury Note futures at 1.1 million contracts [3] - Equity Index ADV increased 13% to 7.7 million contracts, with Micro E-mini S&P 500 futures at a record 1.5 million contracts [3] - Energy ADV increased 26% to 3.1 million contracts, with WTI Crude Oil options at a record 265,000 contracts [3] - Agricultural ADV reached a record of 2 million contracts, with Soybean Oil futures at 210,000 contracts [3] - Cryptocurrency ADV surged 136% to 190,000 contracts, with Micro Ether futures at a record 84,000 contracts [3] Monthly Performance - June 2025 saw record monthly ADV in various categories, including WTI Crude Oil options at 307,000 contracts and Micro Gold futures at 258,000 contracts [6] - BrokerTec U.S. Repo average daily notional value increased 18% to $359 billion [6] - EBS Spot FX average daily notional value increased 10% to $64 billion [6]

Core Insights - Bitget has launched GetAgent, an AI-driven trading assistant designed to simplify user engagement with the cryptocurrency market [2][3] - GetAgent integrates real-time market data, technical analysis, and trading execution into a seamless conversational interface, providing personalized insights and alerts [2][3] - The assistant dynamically tracks price fluctuations and adjusts feedback based on user trading history and preferences, enhancing decision-making for both novice and experienced traders [2][3] Company Overview - Bitget, established in 2018, is a leading cryptocurrency exchange and Web3 company serving over 120 million users across more than 150 countries [6] - The company aims to bridge the gap between on-chain innovations and everyday users by integrating cutting-edge technologies like AI into its trading infrastructure [4][6] - Bitget has previously launched Bitget Seed, an AI-driven platform focused on identifying high-growth potential early-stage Web3 cryptocurrency projects [4]

Core Viewpoint - Euronext is in discussions to potentially acquire up to 100% of Hellenic Exchanges-Athens Stock Exchange S.A. (ATHEX), valuing ATHEX at €6.90 per share, which would amount to approximately €399 million for the entire share capital on a fully diluted basis [1][4]. Group 1: Euronext's Strategic Intent - Euronext aims to consolidate European capital markets through a potential combination with ATHEX, enhancing growth and synergy opportunities [2]. - The merger would promote the harmonization of European capital markets, utilizing a unified trading and post-trade technology framework [2]. Group 2: Market Position and Impact - Euronext manages about 25% of cash equity trading in Europe and operates in major financial hubs, which would allow Greek market participants access to a network of over 1,800 listed companies with a combined market capitalization exceeding €6 trillion [3][8]. - The integration of ATHEX into Euronext's infrastructure is expected to enhance the development and international attractiveness of Greek markets [3]. Group 3: Confidence in Greek Economy - Euronext's interest in ATHEX reflects confidence in the growth potential of the Greek economy and the integration of Greek capital markets into the Eurozone and EU [4].

Core Viewpoint - The U.S. Supreme Court has rejected Coinbase's request to protect user data from being accessed by the IRS [1] Group 1 - The decision allows the IRS to obtain user data from Coinbase, which may impact user privacy and regulatory compliance [1] - This ruling could set a precedent for how cryptocurrency exchanges handle user data in relation to government inquiries [1]

Core Viewpoint - CME Group is launching CME FX Tape+, a new service aimed at enhancing transparency and providing centralized reference prices in the fragmented FX market [1][2]. Group 1: Product Launch - CME FX Tape+ will offer a comprehensive view of FX market liquidity from various marketplaces, including FX futures, EBS Market, FX Spot+, and FX Link, and is set to launch later this year [1]. - The service will initially cover 10 major currencies and will provide a composite 'true' spot mid-price based on actionable liquidity from CME Group's FX spot and futures markets [2]. Group 2: Market Impact - By aggregating price information from a network of 1,400 institutions and over 100,000 active FX market participants, CME Group aims to improve transparency in the FX market [2]. - CME FX Tape+ will allow users to better manage trading costs and benchmark their strategies through a unique view of centralized spot and forward liquidity [2]. Group 3: Data Dissemination - The reference data from CME FX Tape+ will be disseminated at 250 millisecond intervals via websocket API and historic market data files, enhancing the ability of market participants to analyze trade costs and execution [3]. Group 4: Company Overview - CME Group is recognized as the world's leading derivatives marketplace, facilitating trading across various asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals [4]. - The company operates multiple trading platforms, including CME Globex for futures and options, BrokerTec for fixed income, and EBS for foreign exchange trading [4].

Group 1 - The adjustment includes three main aspects: the price fluctuation limit for risk warning stocks on the main board is changed from 5% to 10%, aligning it with other main board stocks [2] - The abnormal fluctuation indicators for risk warning stocks will also be adjusted to be consistent with other main board stocks [2] - The exchanges emphasize the importance of investor education and risk warning to guide investors in participating in risk warning stock trading [2] Group 2 - The price fluctuation limit adjustment aims to improve stock pricing efficiency and maintain market order, particularly protecting the rights of small and medium investors [2] - The threshold for disclosing abnormal trading fluctuations will be adjusted from ±12% to ±20%, aligning with ordinary main board stocks [2] - Other trading rules for risk warning stocks, such as signing a risk disclosure statement and limiting the purchase quantity to 500,000 shares per day, will remain unchanged [3]

Core Insights - Nasdaq achieved a record trading volume of 2,506,428,416 shares, amounting to $102.455 billion, during the Russell Reconstitution, marking the largest liquidity event in its history [2][3] - The Nasdaq Closing Cross has significantly improved its efficiency, reducing latency by over 85% while managing a trade volume growth of over 550% and a notional volume growth of over 1500% since its inception [6] Nasdaq's Role and Technology - The Nasdaq Closing Cross plays a vital role in capital markets infrastructure, facilitating transparent price formation and processing trades during high-volume events [3] - Nasdaq has invested in market modernization and capacity enhancement to maintain liquidity and resilience in response to increasing trading volumes [6][7] Russell US Indexes - The Russell US Indexes, which are subsets of the Russell 3000E™ Index, represent approximately 98% of the US equity market and are crucial for investors tracking market performance [4] - Approximately $10.6 trillion in assets are benchmarked to or invested in products based on the Russell US Indexes, highlighting their significance in the investment community [4] Market Impact - The Russell Reconstitution day is a highly anticipated trading event, prompting asset managers to adjust their portfolios according to the newly reconstituted indexes [5] - The successful completion of this year's rebalancing reflects the investment community's trust in the transparent and rules-based process of the Russell US Indexes [3][5] Future Developments - Nasdaq recently launched Eqlipse, a fourth-generation marketplace technology platform, to enhance trading infrastructure and support global capital markets [7][8] - The company aims to deepen strategic technology partnerships with over 135 clients worldwide, reinforcing its commitment to improving liquidity and market integrity [8]

Group 1 - Nasdaq has scheduled its second quarter 2025 financial results announcement for July 24, 2025, at 8:00 AM Eastern [1] - The announcement will be reviewed by Nasdaq's CEO, CFO, and senior management team, who will also be available for questions from the investment community [1] - The press release and results presentation will be available on the Nasdaq Investor Relations website at approximately 7:00 AM Eastern on the same day [2] Group 2 - Nasdaq is a global technology company that serves various financial market participants, including corporate clients, investment managers, banks, brokers, and exchange operators [3] - The company aims to enhance liquidity, transparency, and integrity in the global economy through its diverse offerings of data, analytics, software, and client-centric services [3] - Nasdaq encourages interested parties to learn more about its technology solutions and career opportunities through its online platforms [3]