The Financial News

The Financial News

Wall Street isn’t joining crypto. Crypto is replacing pieces of it.


You’ll soon be able to trade Apple stock at 3am on a crypto exchange.

Intercontinental Exchange owns the New York Stock Exchange. Its joint venture with OKX filed with the SEC on Saturday to trade more than sixty US stocks around the clock, settled in stablecoins, held in wallets the customer controls. Apple, Nvidia, Tesla, Goldman Sachs and JPMorgan are on the list, and the tokens carry real dividends and real votes.

Scott Melker calls it market structure replacing pieces of Wall Street rather than crypto joining it. He also covers Strategy spending six times more buying its own preferred stock than Bitcoin, and the IMF quietly ending El Salvador’s Bitcoin program.

Timestamps
0:04 Strategy buys Bitcoin, and buys more of itself
2:09 The part of the machine nobody noticed
4:19 The NYSE’s owner files to go around the clock
6:11 Real dividends, real votes, self custody
7:09 Market structure replacing Wall Street
8:00 Bloomberg terminals pick up Hyperliquid
10:01 Community banks sue to stop crypto charters
12:34 Blast winds down after a $2.2 billion peak
13:32 The IMF ends El Salvador’s experiment

#NYSE #OKX #Bitcoin #MichaelSaylor #Hyperliquid #ElSalvador #YahooFinance

==
AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors.
👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The Financial Times