Tokenized stocks and TradFi crypto access expand
Schwab, PNC, NYSE and Solana-based venues all made tokenization or crypto-access moves on the same day.
What we know
CoinDesk reports Charles Schwab added SOL, AVAX and LINK to its crypto platform. PNC and Coinbase announced a USDC payments pilot for corporate clients, per a crypto reporter. The NYSE says, citing a WSJ exclusive, that Avalanche will provide core ledger technology for the clearing firm on its tokenized securities platform, subject to approvals. CoinDesk also reports Formation launched the first tokenized stock venue on Solana under the SEC's innovation exemption, and Solana tokenized equity supply reached a record 1.28B. Robinhood Chain Stock Tokens got a new agent integration.
How the story developed
Schwab, PNC, NYSE and Solana-based venues all made tokenization or crypto-access moves on the same day.
NYSE will settle tokenized stocks on Avalanche for its 24/7 platform. Charles Schwab added spot SOL, AVAX and LINK, and PNC corporate clients can receive USDC as dollars.
BTC closed below its 50-week MA and $1.04B in longs were liquidated in 24 hours. Traders are debating whether a bottom is in, with 81.4k as a key level.
The NYSE will use Avalanche to settle tokenized stocks on its upcoming 24/7 platform, and Charles Schwab added Solana, Avalanche and Chainlink to its crypto offering. Coinbase and PNC also expanded USDC payments.
Schwab added SOL, AVAX and LINK trading, Coinbase and PNC launched USDC payments, and perps drew WSJ front-page attention amid a Wall Street turf war.
Schwab added SOL, AVAX and LINK, Coinbase and PNC launched a USDC payments pilot, a former NYSE president joined Bullish, and Wall Street is fighting over perps.
Solana memecoin activity is active (STONK volume up, whale dump, Elysium launch hype), alongside allegations that major KOLs run pump-and-dump side wallets.
Pump.fun buybacks fell, new Callout Rewards launched, and KOL promotion ethics (luck.io) plus TraderSZ's ZEC/SOL calls drew attention.
A seller of Variational points reportedly vanished with $511k USDC of collateral, while CT mocks inflated KOL yield claims and copy-trading.
Toly defends Solana Labs' Leap trading app against competition criticism, while Solana reports record tokenized stock volume.
Sources
“Schwab adds $SOL, $AVAX and $LINK to its crypto trading platform”
View post →Compiled with AI by the Global Eye 24 desk from public posts across 6 of our monitored source feeds, and updated each hour while the story develops. Spot an error? Write to corrections@globaleye24.com.