Koreans Abandon Tesla for Crypto Bets: $657M Exodus Reshapes Markets
Korean retail investors are dramatically reshaping US equity markets. In August, they pulled a record $657 million from Tesla Inc. while simultaneously pouring over $12 billion into US-listed cryptocu...
Coinbase and OKX Target Australia’s $2.8T Pension Pool
Global exchanges Coinbase and OKX are rolling out dedicated products that let Australia’s $2.8 trillion retirement savings invest directly in digital assets.
The push coincides with policy shifts...
China State Company Issues RWA Digital Bond on Ethereum
Shenzhen Futian Investment Holdings (SFIH) issued an RWA-based digital bond on Ethereum, raising $700 million with Fitch’s A- rating in Hong Kong.
On August 29, the digital bond was listed in the...
Bank of China Shares Surge 6.7% on Stablecoin License Buzz
Bank of China’s Hong Kong-listed shares jumped 6.7% on Monday to close at HKD 37.580, after local reports suggested the lender’s city unit is preparing to apply for a stablecoin issuer license. Th...
EU regulator warns tokenized stocks may mislead retail investors
Tokenized stocks, a new breed of digital assets mirroring the prices of listed companies, could give investors a false sense of ownership and undermine market confidence, according to a top European r...