MicroStrategy is targeting 3-7% of Bitcoin’s total supply, planning to raise $4.2 billion more via preferred stock offerings to build the largest corporate treasury ever. Meanwhile, Metaplanet has launched a $3.7 billion Bitcoin buying spree, aiming for 210,000 BTC by 2027. Coinbase’s Q2 earnings missed estimates, with revenue falling 25% to $1.5 billion, but XRP surprisingly overtook Ethereum as a key transaction revenue driver. Analysts remain optimistic about Coinbase’s long-term prospects, citing improving market structure and strategic bank partnerships. The crypto sector is witnessing aggressive accumulation strategies and shifting altcoin dynamics.
about MicroStrategy & Metaplanet's Bitcoin Ambitions Amid Coinbase's ShiftVlad Tenev
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Robinhood Surges with Record Trading Volumes in Q2
Robinhood’s Q2 earnings reveal a 65% jump in transaction-based revenue to $539 million, driven by a 46% rise in options trading and a 65% increase in equities. Cryptocurrency revenue nearly doubled, supported by the $200 million acquisition of Bitstamp. CEO Vlad Tenev highlighted the company’s strengthened stability since its 2021 IPO, with plans to expand into tokenization and perpetual futures. Analysts note a resurgence in meme-stock activity, with retail engagement reaching record levels. Despite market fluctuations, Robinhood’s stock (HOOD) hit record highs, with Wall Street maintaining a ‘buy’ rating. The crypto market remains a key growth driver, expected to contribute more significantly to future earnings.
about Robinhood Surges with Record Trading Volumes in Q2Microsoft Hits $4T Market Cap, Figma IPO & CEO Insights
Microsoft has achieved a historic milestone by reaching a $4 trillion market capitalization, joining an elite club after reporting better-than-expected quarterly earnings. Meta continues to leverage its profitable advertising business while planning increased spending for next year. The episode of Bloomberg Open Interest also features discussions about Figma’s upcoming IPO—one of the year’s most anticipated—with insights from Index Ventures’ Danny Rimer. Additionally, Robinhood CEO Vlad Tenev and Norwegian Cruise Line’s Harry Sommer share their economic outlooks in the C-Suite segment.
about Microsoft Hits $4T Market Cap, Figma IPO & CEO InsightsRobinhood CEO Touts Tokenization as Finance’s Future
Robinhood CEO Vlad Tenev emphasized tokenization as a core strategy during the company’s Q2 earnings call, referencing it 11 times. The firm is building an Ethereum layer-2 network and has introduced stock tokens for European users, offering synthetic exposure to private companies like SpaceX. Tenev described tokenization as the biggest capital markets innovation in over a decade, enabling 24/7 trading and instant settlement. Despite regulatory challenges, including pushback from OpenAI and SEC warnings, Robinhood is advancing its three-phase tokenization plan, aiming to integrate stock tokens with DeFi protocols. The company’s stock has surged 179% YTD, reflecting strong investor confidence in its crypto-forward strategy.
about Robinhood CEO Touts Tokenization as Finance's FutureRobinhood Q2 Revenue Hits $989M, Profits Surge
Robinhood posted a strong second-quarter performance, with $989 million in revenue—a 45% year-over-year increase—and $386 million in profits, surpassing analyst forecasts. While crypto trading revenue fell quarter-over-quarter to $160 million, options and equities trading saw gains. The company’s stock has surged 184% year-to-date, outpacing competitors like Coinbase. Robinhood is expanding its crypto offerings, including developing an Ethereum layer-2 network and acquiring Bitstamp and WonderFi. Despite regulatory challenges, the firm continues to innovate, recently launching tokenized stock trading in Europe and perpetual futures trading.
about Robinhood Q2 Revenue Hits $989M, Profits SurgeRobinhood CEO Defends Tokenized OpenAI Stock Amid Controversy
Robinhood CEO Vlad Tenev has acknowledged the controversy surrounding the company’s recent issuance of tokenized OpenAI stock but remains committed to expanding the initiative. The tokens, issued on Ethereum’s Arbitrum network, allowed holders to track OpenAI’s perceived price without granting equity or voting rights. OpenAI denounced the unauthorized product, while the SEC issued a warning about compliance with securities laws. Tenev sees potential in tokenized stocks and plans to expand the program to thousands of private companies, with future integration into DeFi markets. Despite regulatory concerns, he believes the launch successfully delivered a useful product to customers.
about Robinhood CEO Defends Tokenized OpenAI Stock Amid ControversyRobinhood, Kraken Push Tokenized Stocks for Crypto Adoption
Robinhood and Kraken are spearheading the push for tokenized stocks, aiming to merge traditional finance (TradFi) with blockchain technology. Robinhood’s EU rollout on Arbitrum offers a seamless, wallet-free experience for 26 million users, while Kraken-backed xStocks debut on Solana. The US market may soon follow, with Dinari securing a broker-dealer license and Ondo Finance acquiring Oasis Pro. Proponents see this as a pivotal step for crypto adoption, but skeptics recall the sector’s 2021 stumbles. The success of these initiatives could redefine how equities are traded—or reinforce existing doubts about crypto’s integration with mainstream finance.
about Robinhood, Kraken Push Tokenized Stocks for Crypto AdoptionBitMine’s $500M ETH Treasury Boosts Stock Amid Volatility
BitMine Immersion Technologies, a Bitcoin miner, raised $250 million through a private placement to expand its Ethereum treasury, briefly pushing its ETH holdings above $500 million. The news caused its stock to spike 45% before retreating to a mere 1% gain by market close. Board Chairman Thomas Lee emphasized Ethereum’s utility in tokenization, citing its dominance as a layer-1 blockchain. Despite wild price swings—up 727% over the past month but down 62% in a week—BitMine’s pivot to ETH reflects a broader trend among Bitcoin miners seeking alternative revenue streams post-halving. Other firms, like BIT Mining and SharpLink Gaming, have also seen stock surges after announcing crypto treasury strategies.
about BitMine's $500M ETH Treasury Boosts Stock Amid Volatility$9B Crypto Merger: Core Scientific & CoreWeave
In a landmark deal, Bitcoin miner Core Scientific and AI powerhouse CoreWeave unveiled a $9 billion all-stock merger, one of the largest crypto-adjacent M&A transactions. Bitcoin spot ETFs recorded $1.17B in net inflows, their second-best day since launch, with BlackRock’s IBIT leading the charge. BIT Mining’s stock soared 83% after announcing a $300M pivot to Solana, though gains moderated later. Strategy, Bitcoin’s largest corporate holder, paused its weekly BTC purchases but launched a $4.2B preferred stock offering. Meanwhile, Robinhood aims to tokenize private equities, and Coinbase explores AI-powered trading integrations.
about $9B Crypto Merger: Core Scientific & CoreWeaveRobinhood’s EU Tokenized Equity Sparks Private Firm Interest
Robinhood’s recent launch of a tokenized equity platform in the European Union has sparked a wave of interest from private companies looking to tokenize their shares. CEO Vlad Tenev revealed in a Bloomberg interview that the firm has received numerous requests from private firms aiming to make their equity accessible to retail investors via blockchain-based tokens. While the initiative promises to democratize access to private equity, it has also attracted regulatory scrutiny, highlighting the challenges of merging traditional finance with blockchain innovation.
about Robinhood's EU Tokenized Equity Sparks Private Firm Interest