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According to The Block, Bitwise has partnered with Superstate to explore the tokenization of its Bitwise Solana Staking ETF (BSOL).ETF expert Nate Geraci commented that in the coming months, asset management companies will release a large number of such press releases.

Chairman Paul S. Atkins of the U.S. Securities and Exchange Commission (SEC) wrote to Robert Walley, Chairman of the Consolidated Audit Trail (CAT) Operating Committee, indicating that the SEC plans to undertake a comprehensive reform of the CAT system, including adjustments to its governance structure, funding sources, and operational model.Atkins stated that during his tenure, the SEC has significantly reduced the annual operating costs of CAT by issuing exemptions and approving amendments to the CAT NMS plan, and has eliminated the requirement to report personally identifiable information (PII) to the CAT system.These reforms have lowered system costs and the scope of data collection, but CAT still faces fundamental issues regarding costs, governance, and funding mechanisms. To address these issues, the SEC released a concept request for comments on April 16, 2026, to conduct a comprehensive review of CAT and other audit trail systems and data sources used in the regulation of U.S. securities markets.The SEC indicated that it has received hundreds of feedback comments, with one core consensus being that investors and market participants want the SEC to take more responsibility for the management and funding arrangements of CAT.Atkins stated that he has asked SEC staff to propose deep reforms for CAT, including: 1. Exploring new funding sources for CAT, including the use of congressional appropriations and transaction fees under Section 31 of the Securities Exchange Act; 2. Drafting rule proposals that, if approved, would repeal Rule 613 and require exchanges, FINRA, and broker-dealers to continue using the existing CAT infrastructure and reporting standards to submit CAT data directly to the SEC or its designated agency; 3. Assessing the internal resource needs of the SEC to prepare for the SEC's future assumption of governance responsibilities for CAT.The SEC expects that this reform will involve multiple stages and will need to be advanced simultaneously, with the overall transition potentially lasting until the end of 2027.

The UK's Financial Conduct Authority (FCA) is exploring how tokenized gold can be incorporated into the wholesale market, including whether it can be used as collateral. The discussions involve regulatory approaches aimed at the institutional market, with relevant rules expected to be announced in the coming months.This regulatory discussion comes as London seeks to solidify its position as a global gold trading hub. Data from the World Gold Council shows that London currently accounts for about 70% of global gold trading volume, while Shanghai and Hong Kong are vying for a larger share of wholesale business. HSBC launched a tokenized gold product for retail investors in Hong Kong over two years ago and reported that the cumulative trading volume has exceeded $2.2 billion, with more than 276,000 transactions. The FCA does not directly regulate physical gold trading but oversees gold derivatives and publicly traded products in the market.

Gate US officially announced that Gate AI and Alpaca will collaborate on the development vision of Agentic Trading, promoting the integration of AI infrastructure and trading system capabilities to provide underlying support for the next generation of intelligent trading applications.Alpaca has built a trading API that is developer and AI Agent friendly, with its community continuously transforming trading ideas into actual projects, covering research processes, simulated trading systems, and Agentic workflows that connect market data, analysis, and execution logic. Gate AI focuses on building an infrastructure layer for AI Agents and developers, where the GateRouter unified API helps developers quickly access over 25 mainstream AI models and balances cost and performance through intelligent routing.Both Gate AI and Alpaca agree that AI trading Agent developers should not have to choose between high-quality trading execution infrastructure and AI infrastructure, but should be able to obtain support for both in a smoother manner. Next, Gate AI will explore how its model routing and Agent infrastructure can connect to trading workflows built on APIs like Alpaca, supporting developers in integrating market data, AI reasoning, and trading execution into Agentic systems.Gate AI and Alpaca also plan to promote knowledge sharing and best practice exchanges between their developer communities, continuously lowering the development threshold and complexity of AI-native trading applications. Gate AI and Alpaca will continue to explore collaborative efforts around the construction of the Agentic Trading ecosystem, providing foundational support for developers to build more efficient and scalable next-generation intelligent trading applications.

The important event in the field of financial technology and digital assets in Asia------Wiki Finance EXPO Hong Kong 2026 will be held in Hong Kong from July 23 to 24, 2026. This event will bring together global financial technology companies, digital asset platforms, and industry participants to discuss the development trends of financial technology and the construction of the digital asset ecosystem.As a stablecoin-driven global payment infrastructure platform, WasabiCard will participate in this exhibition to engage in in-depth exchanges with global partners and share innovative practices and implementation experiences of stablecoin payments in the globalization of enterprises.WasabiCard is committed to significantly enhancing global settlement and payment efficiency for enterprises through its core capabilities of global card issuance, stablecoin payments, cross-border fund distribution, and global remittance. Currently, the platform's services cover over 200 countries and regions worldwide, supporting more than 30 mainstream currencies; at the same time, it integrates a full-process compliance risk control system including KYB, KYC, KYT, and AML to build a safe, reliable, and efficient global funding chain for enterprises.Participating in Wiki Finance EXPO Hong Kong 2026 is not only an important opportunity for WasabiCard to engage in in-depth exchanges with global financial technology and digital asset industry partners but also an important opportunity to further expand global ecological cooperation and enhance brand influence. In the future, WasabiCard will continue to promote innovation in stablecoin payment infrastructure and explore new trends in the development of the global payment system together with industry partners.

According to Maharashtra Chief Minister Devendra Fadnavis, the state is advancing the drafting of the "Maharashtra Land Token Asset Digitalization and Exchange Bill (DELTA Act)." Fadnavis chaired a related meeting, instructing officials to study global laws and regulations as well as best practices, and established an expert committee composed of representatives from SEBI, BSE, NSE, and professionals to formulate a complete legislative framework.According to the proposal, real estate will be tokenized through blockchain technology, with the entire transaction completed on-chain. This move aims to unlock the potential value of real estate, create new sources of revenue, and help Maharashtra achieve its goal of a $1 trillion GDP by 2030. If the legislation is implemented, Maharashtra will become the first state in India to introduce such regulations.

South Korean fintech company Toss announced a partnership with Optimism and Sunnyside Labs to jointly explore a stablecoin pegged to the Korean won.In the coming months, the three parties will conduct a proof of concept (PoC) test to assess the feasibility of building compliant blockchain digital financial infrastructure based on the OP Stack, providing technical validation for applications related to the Korean won stablecoin.

Galaxy Research Director Alex Thorn stated that the capital management adjustments announced by Strategy on Monday mark an important turning point. In the weeks prior, the "digital credit" system of Strategy's preferred shares faced pressure, with the preferred share STRC falling below its $100 par value and hitting a historical low of $71.25 on June 26, leading the market to question how the company would pay the increasingly high preferred share dividends.Strategy subsequently announced a new digital credit capital framework, including a board-approved dollar reserve policy, a revised STRC dividend policy, a $1 billion preferred securities repurchase authorization, a $1 billion MSTR common stock repurchase authorization, and a BTC monetization plan. At the same time, the board raised the annual dividend rate of STRC from 11.5% to 12%, applicable to semi-monthly dividends for record dates on or after July 1. Following the announcement, MSTR rose 12.6% to about $92.70 on Monday, while STRC increased by 12.2% to about $83.70.Thorn believes that Strategy's approach is wise, but it may not permanently resolve structural issues. The company still has a large preferred share system and ongoing payment obligations, and it will face $6.7 billion in convertible bonds maturing in 2027 and 2028. The market is not truly concerned about Strategy's lack of assets, but rather whether it has sufficient dollar liquidity to pay dividends without harming BTC holders, MSTR common stock shareholders, or preferred shareholders. By raising over $1 billion in cash through the sale of common stock, setting a minimum cash reserve policy for 12 months, and increasing the current cash coverage ratio to about 17 months, Strategy has bought itself time.The most controversial aspect is the BTC monetization plan, which seems to clearly indicate that Strategy may sell BTC from time to time. Thorn does not want to see Strategy sell Bitcoin, as the company's identity and the MSTR premium are built on its narrative as a long-term BTC exposure tool, and selling BTC would undermine that story.However, he also believes that if selling a small amount of BTC can prevent a disorderly spiral in the capital structure, protect preferred shares, and wait for a better market environment, this path can be justified. Strategy should explore how to generate income from its BTC assets without directly selling spot BTC, including conservatively lending a small amount of isolated BTC or using options strategies to capture volatility gains.

According to CoinDesk, the Malta Financial Services Authority (MFSA) has released a discussion paper exploring how decentralized finance (DeFi) can be incorporated into the EU MiCA framework. The MFSA pointed out that while MiCA exempts "fully decentralized" crypto services, many DeFi projects still retain centralized features such as admin keys, governance centralization, and protocol upgrade permissions.The regulatory body is seeking public opinion on whether decentralization should be viewed as a "spectrum" rather than a binary concept, and discussing whether to establish a standardized framework to determine if protocols fall outside the scope of MiCA regulation. Additionally, the document proposes potential legal structures such as DAOs and segregated cell companies, and examines automated compliance mechanisms like custodial agents. The public consultation on this discussion paper is open until July 10.

According to The Information, informed sources reveal that Goldman Sachs and JPMorgan are exploring trading methods based on the cost of computing power, including futures contracts related to GPU leasing prices.As one of the scarcest resources in the AI boom, related futures are expected to be listed by exchanges later this year. Industry insiders say this initiative demonstrates that hundreds of billions of dollars flowing into data centers and the chip sector are reshaping the financial market landscape. For banks providing financing for AI infrastructure construction, such innovative tools may become new means of managing risk.

The United Nations Development Programme (UNDP) recently announced the establishment of the Blockchain Advisory Group (BAG) during the Proof of Talk 2026 in Paris, focusing on optimizing public systems and governance through blockchain technology. The first meeting was chaired by UNDP Deputy Administrator Xu Haoliang, with the initial in-depth topic being inclusive finance and digital finance, discussing obstacles such as fragmented payment systems, limited digital identities, insufficient interoperability, and institutional readiness, while assessing how blockchain can complement existing digital public infrastructure to enhance financial accessibility, efficiency, and transparency.BAG plans to hold two meetings each year to promote cooperation with the blockchain ecosystem around themes such as digital governance and public trust, legal identity and inclusive societies, digital financial services, climate and traceable accountability, digital labor and the future of work. Current members include 26 institutions such as the Ethereum Foundation, Filecoin Foundation, Stellar Development Foundation, Algorand Foundation, Arbitrum Foundation, Celo Foundation, Web3 Foundation, and Kraken.

According to The Block, the core development team of the Cosmos ecosystem, Cosmos Labs, announced the acquisition of the Cosmos block explorer Mintscan and the establishment of a new subsidiary, Cosmos Labs Korea, in Seoul, South Korea, to coordinate the construction of several key infrastructures in the Cosmos ecosystem.According to Barry Plunkett, Co-CEO of Cosmos Labs, negotiations for the deal began in October 2025, initiated by the co-founder of the South Korean crypto company Stamper (the legal entity of Cosmostation). The parties did not disclose the transaction amount, financing method, or whether it involved Cosmos Hub tokens.

The AI Agent Economy project NeoSoul today announced a strategic partnership with the self-hosted stablecoin Neobank AllScale.It is reported that both parties will conduct in-depth research on the credit formation of AI Agents and stablecoin settlement, focusing on the payment needs generated by Agents in autonomous collaboration (such as purchasing data, invoking tools, requesting services from other Agents, etc.), and how to achieve automated settlement through stablecoins.According to the introduction, NeoSoul is committed to building its long-term credit network by recording the judgment processes and feedback results of Agents; AllScale focuses on stablecoin payments and commercial capital flow scenarios. This exploratory cooperation aims to study how to provide more efficient and low-friction value transfer support for future automated collaboration and micro-settlement between AI Agents through stablecoin payment infrastructure.

According to Techfundingnews, SpaceX's early investor 137 Ventures announced that its two new funds have completed fundraising of over $700 million, increasing its assets under management (AUM) to over $15 billion. The new funds will support its pursuit of investment opportunities in areas such as AI agents, robotics, and aerospace propulsion.It is reported that 137 Ventures currently holds more than 1% of SpaceX's shares. As SpaceX is expected to seek an IPO this year, with a valuation potentially exceeding $1 trillion, the value of 137 Ventures' holdings may exceed $10 billion.

Special Purpose Acquisition Company Forefront Tech announced the completion of its initial public offering (IPO) pricing, with a total size of $100 million, and will be listed on Nasdaq under the ticker symbol "FTHAU." It is reported that the funds raised will be used to explore merger and acquisition opportunities in the fields of blockchain, fintech, artificial intelligence, and other emerging technologies.

Special Purpose Acquisition Company Forefront Tech Holdings Acquisition Corp announced the completion of its initial public offering (IPO) pricing, with a total scale of $100 million, and will be listed on NASDAQ under the ticker "FTHAU." It is reported that the funds raised will be used to explore merger and acquisition opportunities in the fields of blockchain, artificial intelligence, fintech, and other emerging technologies.

According to Fortune, the blockchain project Tempo, supported by Stripe and Paradigm, has launched a "stablecoin consulting" service, providing support for stablecoin adoption to enterprises and financial institutions, including identifying applicable scenarios and dispatching engineers to assist with stablecoin integration.The report states that the American food delivery platform DoorDash is collaborating with Tempo to explore paying delivery personnel with stablecoins; Stripe, Coastal Community Bank, and ARQ are also building stablecoin infrastructure based on Tempo, while Visa, OnePay, Felix, Fifth Third Bank, and Howard Hughes Holdings are integrating their payment services with Tempo.

According to CoinDesk, citing informed sources, Coinbase is collaborating with the cryptocurrency exchange platform Bybit to explore methods for tokenization, custody, and distribution of assets such as U.S. public and pre-IPO stocks.The informed source added that the ongoing discussions do not involve any form of equity acquisition or similar transactions. Bybit's plans to enter the U.S. market involve a new entity led by former co-CEO Helen Liu, working with a local partner providing licensing and compliance services whose identity has not been disclosed, rather than Coinbase.CoinDesk reported that both Bybit and Coinbase declined to comment.