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BREAKING: SEC to propose tokenised stock framework as Wall Street efforts deepen

It’s official…

Wall Street stocks are moving on-chain.

And this might be one of the clearest signs yet that tokenisation is moving from crypto theory into real market structure. (We’ve been talking about tokenisation for what feels like forever)

According to Bloomberg, the SEC is preparing an innovation exemption for tokenised stock trading that could arrive as soon as this week.

In simple terms, that means crypto platforms may get a clearer path to offer digital versions of public company stocks.

Think Apple, Nvidia, Tesla, or Amazon...

But instead of trading only through the normal stock market pipes, those shares could start moving across blockchain-based rails.

That's a big deal.

Because tokenized stocks could make markets faster, more global, and easier to access.

They could also let people trade in smaller pieces, settle faster, and use public-market assets inside crypto apps.

But there is one important catch.

A tokenised stock is only useful if investors know what they actually own.

Do they get voting rights?

Do they get dividends?

Is the company itself involved, or is a third party just creating a token that tracks the share price?

Securitize president Brett Redfearn warned that tokenising stocks "without an issuer at the table" could create fragmentation.

Meaning that if too many platforms create their own versions of the same stock, the market could get messy fast.

So the SEC's job here isn’t just to say yes to tokenised stocks.

It's to decide what a real tokenised stock should be.

So why is this such a big deal?

Well, it's Wall Street asking whether stocks themselves can move onto crypto rails.

If the rules are clear, tokenisation could become one of the biggest bridges between traditional finance and crypto.

The point isn't to make stocks feel more speculative.

It's to make the old market infrastructure start to look outdated.

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Brian Armstrong just made the cleanest case for Bitcoin's endgame in under 30 seconds.

Armstrong is the co-founder and CEO of Coinbase, the largest crypto exchange in the United States.

He's built one of the most influential companies in the industry and has more insight into global Bitcoin flows than almost anyone.

And in an interview with Business Insider, he laid out where this is all heading:

That's the entire roadmap.

Right now, gold's global market cap sits near $20 trillion. If Bitcoin even matches it, that's roughly $1 million per coin. If it surpasses it, the number gets absurd fast.

And Armstrong's framing is what matters most. Governments don't need to flip overnight. They just need to start. 1% allocations. Then 2%. Then 5%. The U.S. has already announced a strategic Bitcoin reserve. Kazakhstan is allocating. Abu Dhabi is buying. The dominoes are falling.

Bitcoin doesn't need to replace gold to deliver generational returns. It just needs to keep taking share.

And every quarter, the case gets harder to argue against. 🧱

The streak is broken…

After six consecutive weeks of inflows, digital asset funds saw $1.07 billion in outflows last week - the first negative week in seven and the third-largest weekly outflow of 2026.

Let's break it down.

Bitcoin took the brunt of it with $982 million in outflows, dragging year-to-date flows down to $3.9 billion.

Ethereum followed with $249 million out the door - its largest weekly outflow since January 30th.

Blockchain equity ETFs got caught in the outflows too, shedding $133 million.

The trigger?

Iran-related geopolitical risk sending markets into risk-off mode.

Surprisingly, altcoins held up pretty well.

XRP pulled in $67.6 million. Solana added $55.1 million.

Smaller but notable inflows came through across Ton, Sui, Ondo, Chainlink, and Doge - suggesting investors are increasingly looking past Bitcoin and Ethereum for selective exposure.

Thursday even broke positive at $174 million as CLARITY Act progress helped cushion the broader sell-off.

Regionally, the US drove the entire outflow story with $1.14 billion leaving.

Europe told a completely different story - Switzerland added $22.8 million, Germany $22.0 million and Netherlands $7.5 million.

Total AUM slipped to $157 billion from $159 billion.

A step back, but still well above where we were a month ago.

One bad week doesn't erase six good ones.

The geopolitical noise triggered a knee-jerk reaction concentrated almost entirely in US-held Bitcoin.

Meanwhile altcoins attracted fresh capital, Europe kept buying, and legislative momentum continued in the background.

The trend got interrupted. It hasn’t completely reversed… 📊

Hive Shares Hit Highest Price This Year After Bitcoin Miner Unveils Ontario ‘AI Gigafactory’. Hive Digital Technologies’ stock popped after the Bitcoin miner announced a major Ontario data-center buildout for AI infrastructure.

Hyperliquid’s USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say. Compass Point analysts said the revenue-share deal could shift an estimated $160M from Coinbase and Circle into Hyperliquid’s ecosystem.

Galaxy secures New York BitLicense to expand institutional crypto services. NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the tightest U.S. crypto markets.

Ostium’s onchain perpetuals exchange to be ‘powered’ by Nasdaq data. Ostium says the partnership makes it the first onchain trading venue offering equity perpetuals powered by Nasdaq data.

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Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after “Meme Corner”)

Because what would the crypto world be without its share of memes?

Trivia Answer: A waiting area for valid transactions before they are included in a block 🥳

When someone sends a Bitcoin transaction, it usually enters the mempool first. Miners then choose transactions from that pool to include in new blocks.

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DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.