Tokenized equities: US$3.0 billion and a test of use
The number that opens the conversation US$3.0 billion. That was the threshold that tokenized equity market capitalization crossed in the fourth week of September, according to data from RWA.xyz collected by Binance Research. In early January, it was around US$700 million. In less than nine months, the segment multiplied by more than four. Source: RWA.xyz, Binance Research, data as of September 28, 2026. Context also matters: the broader market for tokenized real-world assets, known as RWA, reached US$38.0 billion, up 50% year-to-date in 2026. Tokenized equities account for close to 8% of that figure. They are still a small part of the overall picture, but their growth raises an interesting question: are we just seeing more tokens issued, or a market that already uses them?
MetaMask responds to an incident affecting part of its infrastructure and, as a precaution, removes the Ethereum validator it runs in Lido $ETH . About 17,000 validators and nearly 523,000 ETH—around $1.4 billion.
The wallets do not show any immediate threat. Anyone who has stETH doesn’t need to do anything, although the ETH may take up to 45 days to start producing again.
Performance was slowed down by the operator’s keys, with the user’s seed remaining intact.
How much third-party infrastructure are you willing to tolerate in exchange for not running a node?
CSD BR, with about US$4 billion in registered assets, began mirroring BTG Pactual fund quotas on the XRP Ledger $XRP . The legal record remains with the custodian. On-chain, copies travel using the Multi-Purpose Token standard, with KYC and freeze.
A Brazilian CSD chose a public chain to reconcile in near real time. If the mirror holds up, the next step is to issue native.
How many big markets will copy this model before moving on to full issuance?
Robinhood will add crypto perps in the app already used by U.S. retail: up to 10x on Bitcoin $BTC and Ethereum $ETH , and an AI agent with its own account.
The agent researches, builds a strategy, and trades within the limits you set. More than 27 million funded accounts. Leverage stops being a niche product and moves to the top of the phone.
After several days a bit disconnected from social media, it’s time to come back and catch up. 👀
The reason was totally worth it: I spent a few incredible days sharing with my fellow Angels.
They were days to talk, learn from other Angels’ experiences, share what each one has built from their own experience and, above all, to get to know each other much more than just through a screen.
Because being #BinanceAngels is also about that: learning together, sharing knowledge, and building community.
I’m back with new ideas, lessons learned, and really great memories.
Now then… it’s time to review everything that happened while I was disconnected. 😅
Binance has just put $100 million into Circle and has signed a five-year deal to push USDC $USDC .
The world’s largest exchange is betting capital and distribution on a regulated issuer. USDT $USDT is still leading by supply; USDC is entering the biggest channel there is.
Does this really shift the stablecoin war, or is it just speeding up something that was already coming?
The $BTC spot Bitcoin ETFs in the US saw inflows of $998.95 million on Monday. This is the best day of inflows since October 2025. The Ethereum ones $ETH added around $270 million.
Yesterday the price reached 87,000 and this morning it holds near 85,500. The squeeze explains the speed. This flow explains who was buying at the same time.
Do you think this is enough to hold the level, or is it still just one strong data point?
The European Central Bank activated Pontes, the platform for settling tokenized assets with central bank money.
Thirteen entities are already connected, including Deutsche Bank and Santander. The ECB itself announced that it will invest part of its funds in tokenized securities through this route.
A central bank of this size has just switched on infrastructure, not a press release. That moves up the timeline for tokenization in Europe.
How long will it take the rest of the system to actually use it?
Due to special circumstances, it was not possible to publish the scheduled drop for today; however, I will do it tomorrow Saturday at the same time, so stay tuned.
Circle launched Arc, its Layer 1, with BlackRock, Visa, DTCC and Mastercard as validators. More than 100 live apps since day one and $USDC as native gas.
The detail that matters: the same institutions that already move traditional money now secure the network. Sub-second finality, fees in dollars, and a hand-picked validator set.
If this model scales, the debate stops being “just another chain” and becomes about who controls the rails of onchain money. Do you give more weight to institutional pedigree or to the network being open?
The Fed has already made its move, but for me the most important thing isn’t just today’s increase.
Raising 25 basis points was something the market had already priced in, especially after August’s core CPI showed that inflation still hasn’t cooled off entirely. Now attention shifts to another question: what message does this decision send about what could come in the next few months.
If rates stay elevated for longer, the market may continue to react cautiously. In that context, $BTC could continue to move sensitively to any changes in macro expectations. Tech stocks could also feel pressure if the market starts pricing in a less comfortable monetary environment. And gold remains an interesting asset to watch when uncertainty hasn’t gone away.
My takeaway is simple: more than focusing only on today’s rate hike, it’s worth keeping an eye on how expectations change from here. Many times, that’s the part that truly moves the market.
Which asset are you watching most after this decision?
The Clarity Act stalled at 49-50. It didn’t even reach a formal debate. Four Republicans crossed and the Democratic bloc voted against it, with Trump’s conflict of interest as the central argument.
Bitcoin $BTC neared $75,000, Ethereum $ETH lost the 2,400 level, and spot ETFs recorded one of the worst days of outflows since June. The market had bought the idea that this week would bring a federal framework. Instead, it ended with a headcount and an election calendar on top.
If this path cools off until 2027, who sets the rules in the meantime: the SEC, the CFTC, or the market itself?
Strive crossed a number it had been chasing: 25,000 Bitcoin $BTC in treasury. It added 469 coins for 36.6 million, at an average of about 77,954 dollars, and paid everything with its preferred stock SATA.
Cash on hand: more than 200 million. While Strategy didn’t buy this week, this Nasdaq firm keeps stacking. How many public treasuries will continue down this path for the rest of 2026?
Bitcoin $BTC reached $78,280 while AI shares fell and Nasdaq 100 futures lost 1.65%. Ether $ETH and XRP $XRP also closed the session in the green.
The trigger for the tech selloff was a call from several AI CEOs to slow the development of more powerful models. Crypto, on the other hand, kicked off the week higher, with 94 out of 100 names in the CoinDesk 100 in positive territory.
Do you give this decoupling more than a day’s life with the Fed on the calendar?