The main impact of the price decline is slowing Strategy's ability to buy more bitcoin without diluting shareholders, as its stock now trades at a discount to its bitcoin holdings.

The platform's governance token (STEP) plummeted over 80% following the announcement amid a wider crypto market drawdown.

Tokenized stocks grew nearly 3,000% in 2025 as new SEC rules and a DTCC pilot pushed the asset class toward the $1 billion milestone, led by Ondo and Securitize.

NYSE and Nasdaq introducing 24/7 trading with tokenized stock would be a "godsend," solving thin weekend liquidity, Ondo Finance President Ian de Bode told CoinDesk in an interview.

The stablecoin giant saw sharp growth in its USDT token's supply, and was one of the world's largest U.S. government debt holder with $141 billion Treasury exposure.

Despite crypto’s promise of faster, cheaper transactions, the payments giants aren’t buying the stablecoin pitch, at least not in developed markets.

New product lets companies manage cash, stablecoins and tokenized funds in one system, cutting cross-border settlement times from days to seconds.

The Brazilian digital bank announced it received conditional OCC approval to provide deposit accounts, credit cards, lending and digital asset custody in the United States.

Ethereum’s co-founder said the $43 million withdrawal will support a broader “full-stack openness and verifiability” vision as the foundation tightens spending.