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      Grayscale: Tokenized Equity Weekly Spot Volume Nears $3B, Only 5% Used in Onchain FinanceGrayscale...

      Grayscale: Tokenized Equity Weekly Spot Volume Nears $3B, Only 5% Used in Onchain FinanceGrayscale said tokenized equity trading reached record highs in August, with weekly spot volume peaking near $3 billion, while only about 5% of the market is currently deployed in onchain finance. Robinhood Chain, BNB Chain and Solana accounted for most trading activity. Use of tokenized equities in lending protocols such as Kamino and Jupiter has grown about tenfold over the past year, but lending, collateral and other financial applications remain limited. Grayscale said further U.S. regulatory clarity could expand tokenized stocks from global, around-the-clock trading products into productive onchain financial assets.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud