In this weekly recap, we cover:

  • Robinhood’s Tokenized Equity Push: EU users can now access OpenAI and SpaceX tokens — and OpenAI is not happy.
  • Circle and Ripple Target U.S. Charters: The stablecoin giants apply for federal bank licenses as the GENIUS Act reshapes the landscape.
  • Solana ETF Makes Staked Debut: The first U.S. ETF with onchain staking for Solana launches with $33M in volume.
  • BlackRock’s Bitcoin ETF Tops S&P 500 Fund: IBIT generates more annual revenue than IVV despite being smaller.
  • Lido Enables ‘Rage-Quit’ Governance: stETH holders get new powers to delay or block DAO decisions.
  • Crypto Tax Reform Left Out: A proposal to ease tax rules is omitted from Congress’s key budget bill.
  • Tom Lee Backs BitMine’s ETH Pivot: The strategist joins as chairman and backs a $250M Ether treasury strategy.
  • Fun Bits: Edelman Goes Full Crypto: Ric Edelman ditches the 1% rule and now calls for up to 40% in crypto holdings.
SUBSCRIBE TO OUR WEEKLY NEWSLETTER for FREE