Stock Exchange

Exchange platforms had to review their operation around tokenized shares. Binance, Bybit, and Bitget refunded their clients after the failure of an allocation linked to SpaceX. This case occurs at a time closely watched by the crypto market, as Elon Musk’s space company attracts strong attention regarding its valuation and its pre-IPO access.

SpaceX takes off on the stock market with 75 billion in the holds. BlackRock reserves its cabin for 5 billion. But does Musk's rocket really have the engines to go that high?

On June 11, SpaceX will set the price of its IPO, and this day could enter the history of financial markets. Between record valuation, direct exposure to bitcoin, and a rush of institutional investors, the operation orchestrated by Elon Musk is already causing rare excitement on Wall Street.

The American stock market is returning to valuation levels reminiscent of the final days of the internet bubble. Driven by artificial intelligence and the surge of tech giants, the American stock market is setting records while comparisons with the year 2000 resurface. Between real growth and speculative frenzy, the market now fuels an increasingly tense debate among investors.

For nearly a century, American markets have produced 91 trillion dollars of wealth for shareholders. Yet, this value creation relies almost entirely on a handful of companies. A study conducted by economist Hendrik Bessembinder on nearly 30,000 listed stocks between 1926 and 2025 shows that only 46 companies concentrate half of the gains generated on Wall Street. Behind the historical performances of American indices, the market reality appears much more unbalanced than it seems.

Bitwise launches the Avalanche ETF with Staking ($BAVA) which promises to boost AVAX demand in 2026 while offering passive returns to investors. With 2.5 million dollars in assets at launch and reduced fees, this product could well rewrite the rules of the crypto market.

The American stock market regains a conquering mood. The S&P 500 has crossed a new high above 7,000 points, driven by the sudden return of risk appetite and Tesla's surge.

Evernorth has reached a key milestone in its listing project. By filing an S-4 form with the SEC as part of its merger with Armada Acquisition Corp. II, the company reveals its strategy around XRP tested in public markets. Thus, Evernorth aims to make XRP a structuring asset in a listed vehicle intended for institutional investors.

The finance giant BlackRock has just blocked part of the withdrawals from its private credit fund, leaving billions of dollars inaccessible. An unprecedented decision revealing the flaws of a system supposed to be stable.

Wall Street has just experienced one of its worst weeks with $8.3 billion in stocks sold in only seven days. A massive capital flight that raises questions: is this a sign of an imminent crisis or a historic opportunity for Bitcoin and cryptos?

While US markets showed mixed signals this Friday, another trend emerged on the sidelines of major indices: the strong rise of shares linked to bitcoin mining. This contrast with the Nasdaq’s dynamic and the Dow’s decline raises questions about a possible repositioning of investors towards crypto-correlated assets, ahead of key economic decisions. A careful reading of these movements reveals much more than a simple technical variation.

While the crypto industry is multiplying IPOs to gain legitimacy, Ripple opts for a different path. Against all odds, its president Monica Long has dismissed any IPO, despite a valuation of 40 billion dollars and the end of the showdown with the SEC. Thus, contrary to the signals sent to the market, this refusal marks a clear intention: to remain independent in order to better control its growth and governance, while consolidating its status in a rapidly changing regulatory landscape.

BitMine stock jumped 14% after an announcement described as "spectacular" by its chairman, Tom Lee. Indeed, the company is seeking shareholder approval to significantly increase the number of authorized shares. This strategic move comes as BitMine strengthens its position on Ethereum, of which it holds 3.41% of the circulating supply. In a market where crypto treasuries are growing, this initiative marks a key step for one of the largest institutional holders of ETH.

Warren Buffett turns a page in history. This December 31, 2025 marks the end of his reign at the head of Berkshire Hathaway, after more than 60 years of exemplary management. An iconic figure of the markets, "the Oracle of Omaha" embodied a vision of investing based on discipline, duration, and consistency. His departure is not just a change of leadership, but a strong signal addressed to the global markets, at a time when an emblematic era of American capitalism is closing.

Ethereum is establishing itself as a new central player in global finance. Driven by the rise of tokenization, the blockchain is now attracting the attention of Wall Street. Major institutions like BlackRock and Robinhood are actively exploring this technology, marking a turning point in crypto adoption. For Tom Lee, co-founder of Fundstrat, Ethereum is becoming a key infrastructure of the financial system. A dynamic that, according to him, could push the asset's price to unprecedented levels.

Wall Street is heading into 2026 with record equity exposure and falling cash levels, as investors bet on AI spending, strong earnings growth, and accelerating stock rotation despite rising risks.

Kindly MD thought it could reinvent itself with bitcoin. Listed on the Nasdaq, the company refocused its strategy around the flagship asset after its merger with Nakamoto Holdings. However, the initial euphoria gave way to a sharp drop in the price, resulting in a formal warning from the American stock exchange. Without a rapid recovery, the company now risks delisting.

Polymarket has entered a new phase of expansion as its US relaunch begins after years away from the domestic market. According to recent reports, the platform is moving quickly to bring waitlisted users into its updated app, starting with sports event contracts. Regulatory clearance arrived earlier this year, opening the door for a compliant return.

Two ETFs backed by XRP have just been listed on the NYSE, a first meant to propel Ripple to the rank of institutionalized crypto assets. However, the market sends an opposite signal. The crypto collapses below 2 dollars, down 35% for the quarter. Far from a bullish turning point, this regulatory advance reveals a persistent disinterest. The ETF effect, expected as a driver, seems to have had no tangible echo.

While the SEC digests its shutdown, Grayscale speeds towards Wall Street. An IPO? Yes, but under tight control. Crypto enters the stock market... and not democracy.

While the crypto industry regains market confidence thanks to clearer regulation and growing interest from institutional investors, Ripple opts for an unexpected direction. Despite a legal victory against the SEC and a year of exceptional growth, the Californian company forgoes any public offering. A choice that contrasts with the ambitions of other industry players and raises questions about the company’s long-term strategy.

Nasdaq has formally reprimanded TON Strategy for violating listing rules tied to its $272.7 million Toncoin purchase and related PIPE financing. The company, formerly known as Verb Technology Company, failed to secure shareholder approval before issuing stock to fund the deal, according to a recent SEC filing.

Nvidia has just made its name in history by becoming the first company to exceed 5,000 billion dollars in market capitalization, ahead of Apple, Microsoft, and Amazon. This record is not just a financial feat. It reflects a changing era, where artificial intelligence, supercomputers, and cloud infrastructure are reshaping the balance of power in global tech.

Gita Gopinath, former IMF Deputy Director, warns of a potential financial explosion. Driven by the euphoria around artificial intelligence, the current rally in US markets could, according to her, trigger an unprecedentedly violent global correction. At stake, up to $35 trillion in losses on global assets.

Prediction markets have received a major vote of confidence after Intercontinental Exchange (ICE)—the operator of the New York Stock Exchange—announced a $2 billion strategic investment in Polymarket. The deal values the platform at roughly $8 billion, marking a stunning turnaround for a company that faced regulatory fire just three years ago.

The European stock market has just closed an exceptional week. The STOXX 600 rises by 2.8% and continues to break records. Health, banks, and mining lead the way, driven by palpable optimism.

The US markets celebrated Monday the confirmation of a preliminary agreement between Washington and Beijing regarding the future of TikTok. Oracle, the favorite to acquire the Chinese platform, jumped more than 3% while the S&P 500 crossed the symbolic threshold of 6600 points for the first time.

Sharplink Gaming Inc. has kicked off a $1.5 billion share buyback plan as its stock trades below the company’s net asset value (NAV). The buyback signals a strategic effort to enhance shareholder value while market sentiment currently undervalues its Ether treasury holdings. The company, the second-largest Ether treasury firm, is leveraging this move to strengthen investor confidence and optimize capital allocation.