Core Viewpoint - The Trump administration's initiatives, particularly the Trump accounts, are seen as a significant step towards integrating more Americans into the financial markets, potentially reshaping perceptions of capitalism among younger generations [1][6]. Group 1: Trump Accounts Program - The Trump accounts program is part of the Working Families Tax Cuts provision of the One Big Beautiful Bill Act, signed into law on July 4, which includes a pilot contribution of $1,000 from the U.S. Treasury for children born between January 1, 2025, and December 31, 2028 [2]. - Robinhood Markets has committed to matching the Treasury's $1,000 contribution to Trump Accounts for eligible children of its employees, indicating corporate support for the initiative [3]. Group 2: Economic Impact and Participation - Approximately 38% of Americans do not own equities directly or through retirement accounts, highlighting a significant gap in market participation that the Trump administration aims to address [5]. - The initiative is framed as a merger between Main Street and Wall Street, promoting broader participation in financial markets and allowing average Americans to have a stake in capitalism [4][9]. Group 3: Future Outlook - Bessent expressed optimism for 2026, predicting it will be a very good year for the American people and Main Street, suggesting a positive economic outlook [8]. - The Trump accounts could reshape how younger generations view the economic system, potentially increasing confidence in capitalism through early market participation [6].

Prediction: Picture bigger shifts toward on-chain intelligence with deterministic, verifiable rules taking over smart contract-based governance. The application will scan code in near real-time, spot logic bugs and exploits instantly, and give immediate debugging feedback. The next big unicorn will be an innovative onchain security firm that will 100x the safety game.AI security and blockchain development tools are getting scary good. Real-time fraud detection, 95% accurate transaction Bitcoin labeling, and ...

Tokenized stocks likely represent a bigger revenue opportunity for Coinbase than prediction markets, analysts at Compass Point wrote in a Monday report while lowering the price target for COIN. Although the investment bank foresees the crypto exchange unveiling several products at an event on Wednesday, the analysts highlighted tokenized stocks and prediction markets as two areas that could help the exchange diversify sales away from fees on crypto trades. It could take years for the revenue to materialize ...

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors mostly flat over the weekend; Bitcoin at $89,700 SEC issues no-action letter, paves way for tokenized stocks; also shares crypto custody guidance OCC grants national bank charters to Ripple, Circle and others Hyperliquid announces portfolio margin soon Kamino ...

The fight over how the U.S. should regulate digital assets escalated this week after one of the country’s largest labor unions warned Congress that a new crypto bill could put retirement savings at risk. At the same time, Wall Street is beginning to experiment with tokenized stocks, the very scenario unions say the legislation fails to control. Tokenized stocks are digital versions of real company shares that live on a blockchain but still represent the same ownership and rights as traditional stock. Re ...

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 ...

U.S. crypto exchange Kraken is buying Backed Finance AG in the firm's latest acquisition to push tokenization, the company announced Tuesday.  Cheyenne, Wyoming-based Kraken said the transaction for the provider of services bridging equities to decentralized finance would "accelerate the global adoption of xStocks"—securities that already trade on markets made available on blockchains.  Kraken this year has been working with Backed to offer tokenized stocks and ETFs to its clients using crypto networks like ...

Crypto exchange Kraken said it agreed to buy tokenization specialist Backed Finance as crypto firms increasingly bring real-world assets onchain in a market that's projected to be worth trillions of dollars in less than 10 years. Kraken plans to add the Switzerland-based company's tokenized stocks and exchange-traded funds (ETFs) to its trading platform, it said in a Tuesday press release. It did not disclose the terms of the deal. The exchange has been on an acquisition spree as it prepares to go public ...

Core Viewpoint - Nasdaq is prioritizing its tokenized-stock proposal, aiming to secure SEC approval for trading on-chain "stock tokens" that represent publicly listed shares under existing market rules [1][3]. Group 1: Proposal Details - The proposal seeks to allow trading of listed equities and exchange-traded products in tokenized form while ensuring the same investor protections and execution standards as traditional securities [3]. - Tokenized shares will carry the same rights as their underlying securities, including voting privileges and dividend rights, and will be fully fungible with traditional forms [5]. Group 2: Market Structure and Evolution - Nasdaq's approach is to maintain the current market structure while introducing blockchain-based settlement options, emphasizing that the existing rules will not be disrupted [4][6]. - The exchange positions itself as an innovator in market infrastructure evolution, comparing tokenization to its previous transition from paper-based to electronic trading [6]. Group 3: Benefits and Timeline - Near-term benefits of tokenization will focus on back-end processing improvements, with tokenized settlement creating immediate process efficiencies [7]. - The exchange plans to ensure seamless integration with existing member firm systems before pursuing faster settlement speeds [7].

Uzbekistan is preparing to integrate stablecoins into its formal payment system and allow the issuance of tokenized stocks and bonds under a tightly regulated framework starting in 2026, according to local media reports. The plan positions the country to become one of Central Asia’s most structured environments for regulated digital-asset activity. It also represents a major shift for a jurisdiction that once imposed broad restrictions on crypto use but has spent recent years building a more controlled a ...