Tokenized stocks have reached $2.49 billion, up around 600% over the past year. Kraken, Robinhood, Bybit and Bitget have already launched tokenized stock products, while Nasdaq, NYSE and DTCC are also moving into the space. Citi sees the tokenized securities market reaching $5.5 trillion by 2030. How big can this market get?
U.S. credit card debt is flashing another warning sign. Americans now owe $1.26 trillion, just $20 billion below the all-time high. Even more concerning: 12.8% of balances are over 90 days late, up from 7.6% last quarter. How much worse can this get?
U.S. credit card debt is flashing another warning sign. Americans now owe $1 .26 trillion, just $20 billion below the all-time high. Even more concerning: 12.8% of balances are over 90 days late, up from 7.6% last quarter. How much worse can this get?