🇺🇸 CFTC staff have updated their crypto guidance, clarifying that regulated derivatives firms can invest customer funds in tokenized versions of already permitted assets.
The tokenized asset must provide the same or functionally equivalent legal and economic rights as the traditional asset, while existing liquidity, custody and other requirements still apply.
The CFTC also confirmed that qualifying firms can use blockchain technology to maintain regulatory records.
This is another major step toward bringing tokenization into regulated financial infrastructure.
RWA • TOKENIZATION • TREASURIES • ETH
Wall Street is slowly moving from talking about tokenization to actually building around it. 👀 $PHA $ZEC
$HYPE is cooling off after getting rejected near the $98 area. On the 1D chart, price is still holding above the MA14 and MA28, while the overall structure remains higher than the previous lows. The current pullback looks more like consolidation than a confirmed trend reversal.
Key levels to watch:
Support: $90.30 Major Support: $87.10 Resistance: $94.80 Major Resistance: $98.00
If HYPE reclaims $94.80 with strong volume, the $98 area could come back into focus. A clean breakout above $98 could open the way toward $102+.
For now, I’d watch how price reacts around $90–87 before expecting the next major move.