Canaan sells entire Ether treasury and 54 BTC to fund share buyback
The bitcoin miner raised about $13.9 million from crypto sales and deployed $5.4 million to repurchase 13.6 million American Depositary Shares.
U.S. stock markets, listed companies, earnings and Wall Street developments.
The bitcoin miner raised about $13.9 million from crypto sales and deployed $5.4 million to repurchase 13.6 million American Depositary Shares.
The Nasdaq-listed company increased its Solana treasury to 2.39 million SOL and created new preferred-share funding capacity for future purchases.
Warnings from leading U.S. AI executives triggered a global technology selloff, exposing how strongly equity valuations depend on rapid model development.
Vlad Tenev says public companies should control shareholder rights, but not separate blockchain products that track their listed shares.
Robinhood's August crypto volume climbed to $17.5 billion from July, but remained 38% below a year earlier as Bitstamp handled the larger share.
Sam Altman says OpenAI will not go public in 2026, removing a closely watched technology listing from this year's U.S. IPO calendar without setting a new date.
Oracle says Larry Ellison canceled a trading plan covering 50 million shares and sold none, removing a potential source of pressure on the stock.
Vlad Tenev says public companies should control shareholder rights, not separate products that track their shares, sharpening the AMC dispute.
Bitwise will end trading in its Dogecoin fund on October 14 and distribute cash to remaining shareholders around October 22.
Nasdaq Ventures will invest in Kraken’s parent as the companies target a 2027 launch for tokenized equities with shareholder rights and market surveillance.
AMC CEO Adam Aron has challenged Robinhood’s tokenized AMC offering, saying the company is not affiliated with it and will seek an external legal review.
ICE has invested $600 million more into Polymarket, moving forward its $2 billion plan and signaling strong institutional interest in prediction markets. The move comes as regulators increase scrutiny on the sector across multiple US states.
Arthur Hayes argues that Bitcoin’s divergence from tech stocks could signal a looming AI-driven credit crunch. He believes large-scale job losses may force central banks back into money printing, ultimately pushing Bitcoin to new highs.
Ark Invest used the recent Bitcoin dip to increase its exposure to Robinhood, Bullish and Circle, even as US spot Bitcoin ETFs recorded fresh outflows. The move underscores continued volatility in institutional crypto flows, with selective equity buying contrasting broader ETF weakness.
US IPOs underperformed the S&P 500 in 2025 as crypto and AI listings delivered uneven returns after debut. While some firms saw strong openings, weak follow-through reinforced a market shift toward selectivity and fundamentals over speculative growth stories.
The SEC says tokenized stocks must follow existing US securities rules, with custody handled by regulated broker-dealers rather than self-custody. The guidance signals that blockchain-based equities will be integrated into traditional market safeguards, not treated as a separate asset class.
Here’s a short X-friendly version: Binance’s new API hints at upcoming stock-based perpetual futures, signaling a fresh push into tokenized equities. The move comes as demand for tokenized stocks grows across CeFi and DeFi, even as regulators increase scrutiny. With Nasdaq and the SEC also embracing tokenization, the race for digitized capital markets is accelerating.
Nasdaq reprimanded TON Strategy for failing to obtain shareholder approval on a $272.7M Toncoin purchase funded through a PIPE deal. Nearly half of the financing was used for the token buy, breaching exchange rules. While Nasdaq deemed the violations unintentional, the case underscores rising compliance challenges for public firms engaging in large-scale crypto treasury operations.