Daily Market Wrap | Sep. 24

  • CFTC allows stablecoins as tokenized collateral for derivatives trading to boost efficiency.
  • Deutsche Bank sees Bitcoin in central bank reserves within a decade, with analyst Timothy Peterson predicting $150K by end-2025.
  • FINRA approved tZERO to trade corporate debt on its ATS, advancing tokenized asset trading amid Wall Street's growing interest.
  • SEC Chair Paul Atkins aims to implement an "innovation exemption" by year-end 2025 to fast-track crypto products.

Market Updates

  • Tether seeks $500B valuation in $15B-$20B raise for 3% stake, advised by Cantor Fitzgerald.
  • Orderly Network's "Orderly One" lets DAOs and traders build perpetual DEXs in minutes without coding.