Daily Market Wrap | Sep. 10

Hot Topics

• Nasdaq filed with the SEC to allow trading of tokenized stocks—blockchain-based shares to be traded alongside traditional equities.
• HSBC now expects the Bank of England to resume interest rate cuts from April 2026, abandoning its previous timeline.
• The CFTC issued an advisory letting foreign crypto.

Market Updates

• Fidelity’s tokenized money market fund—Fidelity Digital Interest Token—launched on Ethereum with $202 million minted and held by Ondo as reserve.
• Chainlink jumped as Grayscale filed to convert its LINK Trust into the first U.S. Chainlink spot ETF.
• Metaplanet will raise $1.4 billion in an international share sale on Sept 10, 2025, to fund Bitcoin buys and operations, sending its stock up 16%.