News about tokenized assets

Tokenized stock trading is drawing activity outside regular US market hours: according to Blockworks data cited by The Kobeissi Letter, over 70% of tokenized stock volume on BNB Chain occurs outside those hours, compared with 63% on Solana and nearly 60% on Base. The value of tokenized stocks rose 15% over 30 days to nearly $3.3 billion, according to RWA.xyz, while the SEC's innovation exemption allows qualifying platforms to trade tokenized US-listed stocks on public blockchains, though xStocks and Ondo Global Markets remain largely unavailable to US investors. The newsletter also covers Strive, which bought 3,311 BTC in the week ending Oct. 9 and now holds 32,773 BTC after investors exercised $208 million in warrants, and Bitcoin miners, which face steep financing costs for AI expansion.