SEC Commissioner cools hype around “innovation exemption” for stocks

Tokenized stocks could split liquidity and exchange revenue as SEC weighs a new exemption, Tiger Research says, with RWA demand rising fast.

Galaxy and BitGo face off in court over failed $1.2B merger as Novogratz disputes a $100M termination fee and SEC accounting rules at trial.

Galaxy Digital’s Mike Novogratz reportedly told a court the SEC made it “very difficult” to complete a planned 2021 merger with BitGo.

An executive at tokenization platforms Superstate said the stricter approach suggested by Hester Peirce would enable DeFi to expand without compromising rules in traditional capital markets.

On-chain data shows the XRP whales have gone on a 71 million coin buying spree over the past week even as the asset’s price has dropped. XRP Whales Have Increased Holdings Recently In a new post on X, analyst Ali Martinez has talked about the latest trend in the supply held by whales on the XRP network. “Whales” refer to the entities holding a considerable amount of the asset in their wallet balance. Related Reading: Bitcoin $78,000 Rebound Fizzles As Coinbase Premium Stays Red These investors can carry some degree of influence in the market thanks to their large holdings, so their behavior can often be worth keeping an eye on. The moves made by the whales may not always directly impact the asset, but they can still be revealing about the sentiment present among them. There are many ways to track the behavior of the whales, with one such being through their holdings. Below is the chart shared by Martinez that shows the trend in the supply of the large XRP holders. As is visible in the

The SEC's narrow exemption for onchain equity products may limit innovation but provides a controlled environment for regulatory data collection. The post SEC’s Hester Peirce expects innovation exemption to apply narrowly to onchain equity products appeared first on Crypto Briefing.

Harvard exited its $87M Ethereum ETF stake in Q1 and cut Bitcoin ETF holdings, SEC filings show, as ETH faces market and EF pressure in May.

XRP is one of the most debated cryptocurrencies, but crypto analyst Cryptollica believes the part most traders are missing is not only on the XRP/USD chart. In a new analysis shared on X, the analyst pointed to the XRP/NVIDIA ratio as a deeper signal of how much capital has ignored XRP and crypto while crowding […]