Bitcoin ETFs Pull In $1.7 Billion Over Two Days as Binance Backs Circle With $100 Million

Blockchain.com, a crypto asset services company, and the New York Stock Exchange announced on September 23 that they have signed a memorandum of understanding aimed at providing access to tokenized US-listed stocks and ETFs. Under the plan, Blockchain.com users would be able to trade tokenized US stocks and ETFs through a digital alternative trading system that NYSE is developing, and if realized, this would enable trading unbound by regular market hours. In January, NYSE announced the development of a trading and settlement platform for tokenized securities supporting 24/7 trading, fractional share trading, stablecoin funding, and instant on-chain settlement. The partnership also includes the mutual provision of market data, with ICE Data Services, a unit of NYSE parent company Intercontinental Exchange, set to provide Blockchain.com's crypto asset market data and analytics to its customers, while Blockchain.com plans to integrate some ICE and NYSE data feeds into its app to deliver real-time stock information to more than 44 million verified accounts. The two companies did not disclose the timing of the service launch, the stocks and ETFs to be covered, or the financial terms of the agreement, and the launch of the service is contingent on the rollout of NYSE's digital ATS and the necessary regulatory approvals.

Coinbase has disabled trading for IoTeX, the token IOTX, a nascent blockchain project focused on decentralized physical infrastructure. The leading U.S. cryptocurrency exchange did not give a reason for the move in the article. IoTeX is described as a rival to IOTA. No further details on the decision were provided.