Place your ads here email us at info@blockchain.news
NEW
X Financial Services Flash News List | Blockchain.News
Flash News List

List of Flash News about X Financial Services

Time Details
2025-07-06
13:11
Elon Musk's X Platform to Launch Trading Services, Fueling Speculation on Crypto (DOGE, BTC) and RWA Tokenization Growth

According to @NFT5lut, Elon Musk's social media platform X is preparing to launch investment and trading services 'soon,' a move that could significantly impact the cryptocurrency market. The report, citing an interview with CEO Linda Yaccarino, notes that Musk's known affinity for Dogecoin (DOGE) and Tesla's substantial Bitcoin (BTC) holdings suggest that any financial services on X will likely involve digital assets. This development aligns with the rapidly growing trend of Real-World Asset (RWA) tokenization, which has already surpassed $20 billion in on-chain assets from major institutions like BlackRock and VanEck. Key drivers for RWA adoption include maturing blockchain infrastructure, increasing regulatory clarity, and the emergence of tokenized treasuries as superior yield-bearing instruments, signaling a major shift towards a tokenized, 24/7 global financial system.

Source
2025-07-05
16:04
Circle (USDC) IPO Market Cap Surges Past $43B as Elon Musk's X Reveals Financial Trading Plans

According to @QCompounding, the cryptocurrency sector is increasingly integrating with public equity markets, highlighted by several major Initial Public Offerings (IPOs). Aaron Brogan of Brogan Law notes that Circle's (USDC) IPO was particularly remarkable, raising $1.05 billion and seeing its market cap surge to $43.9 billion, signaling overwhelming investor demand. Brogan suggests this success may be driven by the premium public markets pay for crypto exposure, potential regulatory clarity from the GENIUS Act for stablecoins, and the high yields from Treasury collateral. Meanwhile, a CoinShares survey, presented by CEO Jean-Marie Mognetti, reveals nearly 90% of crypto holders plan to increase their allocations, seeking advisors with expertise in risk management and regulation. Adding to market developments, the Financial Times reported that Elon Musk's X platform will 'soon' offer investment and trading services, a move expected to incorporate cryptocurrencies given Musk's history with DOGE and Tesla's Bitcoin (BTC) holdings, potentially introducing crypto trading to a vast user base.

Source
Place your ads here email us at info@blockchain.news