Data: CME Group's average daily trading volume for cryptocurrency contracts in June increased by 76% year-on-year, with a notional value exceeding $10 billion.
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Cryptocurrency stocks fell in pre-market trading; STRATEGY down 4.1%.
According to data from Odaily Odaily, cryptocurrency stocks fell in pre-market trading, following Bitcoin's more than 2% decline. COINBASE GLOBAL fell 3.5%, BIT DIGITAL declined 3.6%, and STRATEGY fell 4.1%. RIOT PLATFORMS fell 4.4%, HUT 8 CORP fell 4.9%, and MARA HOLDINGS fell 3.5%.
SpaceX's IPO drives record-breaking tokenized stock trading, with on-chain transaction volume reaching $3.86 billion in June.
According to Odaily, driven by the buzz surrounding SpaceX's initial public offering (IPO), the tokenized stock market saw record trading activity in June, with on-chain transaction volume reaching $3.86 billion, a 145% increase from May. Of this, tokenized SpaceX stock accounted for $1.19 billion, representing approximately 31% of the total tokenized stock trading volume in June. Backpack Securities' SPCX token became the most actively traded SpaceX tokenized stock product, with a single-month on-chain transaction volume of $1.08 billion. Data shows that this round of growth was primarily driven by demand for SpaceX-related assets. SpaceX previously completed a record-breaking $75 billion IPO, valuing the company at approximately $1.8 trillion on a fully diluted basis. While traditionally popular assets such as Nvidia, Tesla, the S&P 500 ETF (SPY), and the Nasdaq 100 ETF (QQQ) remained actively traded, none reached the market enthusiasm of SpaceX's tokenized shares. Furthermore, the total market capitalization of tokenized shares rose to $1.53 billion in June, a 6.64% increase from the previous month, marking the 15th consecutive month of growth. (CoinDesk)
RWA perpetual contract trading volume surpassed $100 billion for the first time in June, setting a new record.
PANews reported on July 8 that, according to Cointelegraph, DefiLlama data shows that RWA perpetual contract trading volume exceeded $100 billion for the first time in June, setting a new record.
Ondo Perps' public beta launch saw $100 million in trading volume within 24 hours.
Odaily Odaily that Ondo Perps achieved a trading volume of $100 million within 24 hours of its public beta launch, with thousands of traders participating since then. Built on Ondo Finance technology, Ondo Perps is a platform that allows users to directly use tokenized stocks and ETF holdings as margin for perpetual contracts, offering non-US investors up to 20x leverage and covering popular assets such as Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL), as well as commodities like gold and silver.
CME Group to Expand Crypto Derivatives Suite with Bitcoin Cash and Uniswap Futures - PRN:
BWENEWS AI: CME Group to Expand Crypto Derivatives Suite with Bitcoin Cash and Uniswap Futures - PRN:
Robinhood Crypto Trading Volume Jumps 61% in August
Fresh operating data shows crypto trading bouncing back, but the company's fastest-growing business these days isn't traditional trading at all.