Odaily Planet Daily reports that, according to monitoring by Onchain Lens, the NYSE will settle tokenized stocks through Avalanche. Meanwhile, a Hyperliquid whale holds a short position of 12,090 AVAX, opened at $42.12, with an unrealized profit of $404,900 and a return of 795%. AVAX is currently priced at $8.63.
Odaily Planet Daily reports that, according to monitoring by Onchain Lens, the NYSE will settle tokenized stocks through Avalanche. Meanwhile, a Hyperliquid whale holds a short position of 12,090 AVAX, opened at $42.12, with an unrealized profit of $404,900 and a return of 795%. AVAX is currently priced at $8.63.
Formation Securities Licensed to Use Orca’s Trading Technology; Tokenized Stock Platform to Begin Trading in Early 2027
Odaily Planet Daily reports: Formation Securities has secured a license to use Orca’s trading technology, and its tokenized stock platform will begin trading in early 2027. Formation Securities has been authorized by Solana-based exchange Orca to use its trading technology. It plans to operate a tokenized securities trading venue on Solana under the U.S. Securities and Exchange Commission’s (SEC) “innovation exemption,” with trading expected to begin in early 2027. The first tokenized stocks are expected to include those of Exodus Movement, Forward Industries, and Galaxy Digital. The platform will be open to verified investors and support 24/7 trading with near-instant atomic settlement. Eligible tokens must carry the same voting and dividend rights as traditional stocks. Official shareholder records will remain with the companies’ transfer agents, while each transaction will be recorded in real time on a public ledger.
Odaily Planet Daily reports that PNC Bank has launched a limited pilot, allowing eligible business and institutional clients to receive USDC payments on the Ethereum network through Coinbase Payments. The funds will be automatically converted into U.S. dollars and deposited into designated PNC accounts, so clients do not need to hold USDC.
PNC said the service is intended to speed up access to funds and improve the efficiency of cross-border payments. The bank did not disclose any fees, settlement time targets, or the number of participating clients. (Cointelegraph)
Odaily Planet Daily reports: Coinglass data shows that liquidations in the cryptocurrency market exceeded $1.2 billion, with long positions accounting for $1.04 billion. Bitcoin briefly fell to $73,500, then rebounded to above $75,400 before declining again.
Bitcoin leveraged position liquidations exceeded $324 million, with long positions accounting for over $281 million. Ethereum liquidations exceeded $507 million. (Bitcoin.com News)
Odaily Planet Daily reports: Coinglass data shows that liquidations in the cryptocurrency market exceeded $1.2 billion, with long positions accounting for $1.04 billion. Bitcoin briefly fell to $73,500, then rebounded to above $75,400 before declining again.
Bitcoin leveraged position liquidations exceeded $324 million, with long positions accounting for over $281 million. Ethereum liquidations exceeded $507 million. (Bitcoin.com News)
Formation Securities Licensed to Use Orca’s Trading Technology; Tokenized Stock Platform to Begin Trading in Early 2027
Odaily Planet Daily reports: Formation Securities has secured a license to use Orca’s trading technology, and its tokenized stock platform will begin trading in early 2027. Formation Securities has been authorized by Solana-based exchange Orca to use its trading technology. It plans to operate a tokenized securities trading venue on Solana under the U.S. Securities and Exchange Commission’s (SEC) “innovation exemption,” with trading expected to begin in early 2027. The first tokenized stocks are expected to include those of Exodus Movement, Forward Industries, and Galaxy Digital. The platform will be open to verified investors and support 24/7 trading with near-instant atomic settlement. Eligible tokens must carry the same voting and dividend rights as traditional stocks. Official shareholder records will remain with the companies’ transfer agents, while each transaction will be recorded in real time on a public ledger.
Odaily Planet Daily reports that PNC Bank has launched a limited pilot, allowing eligible business and institutional clients to receive USDC payments on the Ethereum network through Coinbase Payments. The funds will be automatically converted into U.S. dollars and deposited into designated PNC accounts, so clients do not need to hold USDC.
PNC said the service is intended to speed up access to funds and improve the efficiency of cross-border payments. The bank did not disclose any fees, settlement time targets, or the number of participating clients. (Cointelegraph)
Odaily Planet Daily reports that, according to Gate data, the UK FTSE 100 (UK100) rose above 10,800 points, currently standing at 10,801.30, up 1.5% from the previous trading session's close.
Odaily Planet Daily reports that, according to Gate data, the UK FTSE 100 (UK100) rose above 10,800 points, currently standing at 10,801.30, up 1.5% from the previous trading session's close.
Odaily Planet Daily reports that, according to Onchain Lens, ARK Invest (bc1q7p...5kcd) transferred 265.13 Bitcoin (approximately $19.85 million) from its Bitcoin ETF wallet to Coinbase, possibly to sell it.
Odaily Planet Daily reports that, according to Onchain Lens, ARK Invest (bc1q7p...5kcd) transferred 265.13 Bitcoin (approximately $19.85 million) from its Bitcoin ETF wallet to Coinbase, possibly to sell it.
Odaily Planet Daily reports: According to Onchain Lens, an address received 1,060 ZEC from a privacy address, worth approximately $1.29 million. It then deposited the ZEC into Hyperliquid via Hyperunit and sold it in 3 transactions for approximately $1.29 million in USDC, before withdrawing the funds.
Odaily Planet Daily reports: According to Onchain Lens, an address received 1,060 ZEC from a privacy address, worth approximately $1.29 million. It then deposited the ZEC into Hyperliquid via Hyperunit and sold it in 3 transactions for approximately $1.29 million in USDC, before withdrawing the funds.
Odaily reports that, according to Onchain Lens monitoring, Bitwise (0x4C7...9899) transferred 73,170 HYPE to Cumberland an hour ago, worth approximately $5.45 million, possibly for sale.