News/Daily Market Wrap | Sep. 10 Daily Market Wrap | Sep. 10
Sep 10,2025,17:50
Hot Topics
- Nasdaq filed with the SEC to allow trading of tokenized stocks—blockchain-based shares to be traded alongside traditional equities.
- HSBC now expects the Bank of England to resume interest rate cuts from April 2026, abandoning its previous timeline.
- The CFTC issued an advisory letting foreign crypto.
Market Updates
- Fidelity’s tokenized money market fund—Fidelity Digital Interest Token—launched on Ethereum with $202 million minted and held by Ondo as reserve.
- Chainlink jumped as Grayscale filed to convert its LINK Trust into the first U.S. Chainlink spot ETF.
- Metaplanet will raise $1.4 billion in an international share sale on Sept 10, 2025, to fund Bitcoin buys and operations, sending its stock up 16%.
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