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- 14:42Bloomberg Analyst: The US SEC May Want All Crypto ETFs to File Under New Universal Standards, Previous Approval Deadlines Are No Longer ImportantChainCatcher reported that Bloomberg analyst James Seyffart stated on social media that the Litecoin ETF issued by Canary Capital has technically reached its approval deadline. However, the SEC appears to want all such products to be filed under the new universal listing standards. This means that the deadline may not matter at all. Additionally, a U.S. government shutdown also seems likely to impact ETF approvals. "Even so, we still believe they will be launched in the near future."
- 14:36FG Nexus to Collaborate with Securitize to Tokenize Its Shares on EthereumJinse Finance reported that FG Nexus, a Nasdaq-listed company holding approximately 47,000 ETH (worth about $208 million), announced a partnership with tokenization specialist Securitize to tokenize its Nasdaq-listed shares (including common and preferred stock) on Ethereum. The company recently raised about $200 million through a private placement. This plan will allow investors to choose to convert their traditional shares into digital tokens on Ethereum. These tokens will have the same legal rights as traditional shares and will enable on-chain real-time settlement and automated compliance through Securitize’s SEC-regulated Alternative Trading System (ATS).
- 14:36US crypto concept stocks strengthenJinse Finance reported that in early trading on Thursday, a certain S&P 500 constituent stock on an exchange rose by 4.2%. US crypto-related stocks strengthened after reports that the SEC is formulating a plan to allow stocks to be traded on the blockchain like cryptocurrencies. If the plan is approved, investors will be able to purchase tokenized stocks.