Featured News

1.Trump's "Beautiful Bill" Passes in the House

2.Nasdaq, S&P 500 Hit New Closing Highs, BMNR Closes Up 130.77%

3.Cooking.City Launches Point System, Potentially the Only Airdrop Event

4.WhiteRock Founder Arrested in UAE, Allegedly Orchestrated $30 Million Fraud Through ZKasino

5.Eclipse Official ES Airdrop Query Tool Launched, ASC Series NFT Holders to Receive Airdrop

Articles & Threads

1. "Why OpenAI Doesn't Want to Trade "Stocks" on Robinhood?"

Tokenized equity does not represent the equity itself, but rather a blockchain-based smart contract product anchored to a stock. Taking Robinhood's operation as an example: it does not directly own OpenAI's equity, but holds equity stakes in an SPV (Special Purpose Vehicle) that holds OpenAI shares. Robinhood then tokenizes this part of the indirect ownership "economic interest," pegged to OpenAI's valuation changes, for circulation on its crypto trading platform.

2. "Exclusive Insight | Behind Eyenovia's 300% Surge and Hyperliquid's "Eco-Listing" Plan"

On June 17, Eyenovia (stock code: EYEN), a digital eye care technology company, announced that it has entered into a securities purchase agreement to conduct a $50 million PIPE (Private Investment in Public Equity) offering with institutional accredited investors. The funds will be used to establish its first cryptocurrency reserve plan, targeting the Hyperliquid native token HYPE. The $50 million investment amount far exceeds the company's market value of $20 million. What exactly is Eyenovia, the first publicly traded company on a U.S. stock exchange to implement a "microstrategy" plan using the HYPE token? Who is the mastermind behind it, Hyunsu Jung? With an increasing number of companies opting for a "rebirth" through Crypto's tokens, is HYPE a better choice?

Market Data

Daily Market Overall Funding Heat (as reflected by the funding rate) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

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