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1) Tokenised equities reached a new daily trading volume record of $3.57B on Monday, May 18th, 2026.
According to the data, activity across tokenised equity products has accelerated since the beginning of the year, with trading volumes rising steadily into the latest all-time high.
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2) A new White House executive order published on May 19, 2026, has directed the "Federal financial regulators" (which includes the SEC, CFTC, FDIC, OCC, CFPB, and NCUA) to review and remove regulatory barriers limiting fintech and digital asset firms from integrating with traditional banking and payment infrastructure, including partnerships with federally regulated institutions.
The order specifically requests that the Federal Reserve evaluate whether uninsured banks, crypto firms, and other non-bank financial companies can receive direct access to Federal Reserve payment accounts and real-time payment systems, alongside potential legal or legislative changes required to enable such access.
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3) Polymarket has launched prediction markets tied to private company milestones and performance, allowing users to trade on events such as valuation thresholds, IPO timing, and secondary market activity using data supplied by Nasdaq Private Market.
Nasdaq Private Market, a provider of private-market liquidity and investment infrastructure, will act as the official resolution data provider, supplying transaction and pricing data used to settle the markets and anchor them to institutional-grade private market activity.
READ MORE (published Thur, May 21): Elon Musk set to be world’s first Trillionaire on SpaceX IPO!
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4) Yorkville America, the investment adviser behind the Truth Social Funds, said it has withdrawn several ETF filings under the Securities Act of 1933 in favor of launching future products under the Investment Company Act of 1940 framework instead.
The firm said the '40 Act structure offers greater flexibility for developing differentiated and rules-based ETF strategies, alongside enhanced investor protections, broader brokerage and retirement account accessibility, and expanded institutional distribution capabilities.
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5) South Carolina Governor Henry McMaster has signed S.163 into law, establishing a state-level crypto framework in South Carolina, including protections for self-custody, blockchain nodes, staking, mining, and digital asset payments.
The legislation prohibits state authorities from accepting or requiring central bank digital currencies (CBDCs), bars participation in Federal Reserve CBDC pilot programs, and prevents digital assets from being subjected to discriminatory taxation compared with U.S. legal tender.
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6) The SEC is expected to release its "innovation exemption" for tokenised stocks as soon as this week, creating a new framework for trading digital versions of publicly listed securities, according to Bloomberg.
The framework would create a simplified regulatory pathway for tokenised stock trading, potentially allowing approved platforms to issue and trade digital representations of equities without each initiative going through the full registration process.
Rather than immediately authorising 24/7 or DeFi-based stock trading, the exemption would mark a step towards regulated experimentation in tokenised equities.
READ MORE (published Tue, May 19): SEC may unveil plan for tokenized stocks this week!
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7) Bitwise said it will allocate 10% of management fees generated from its new Bitwise Hyperliquid ETF (NYSE: BHYP) toward holding HYPE on its corporate balance sheet.
Bitwise said the move reflects Hyperliquid's own community-aligned structure, in which roughly 99% of protocol revenue is used to buy and burn HYPE, directly linking platform growth to tokenholder value accrual and supply reduction.
READ MORE (published Fri, May 22): HYPE hits new record high! Can US stock indices join the record-high party?
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8) Revolut has launched its first physical crypto payment card, featuring a Dogecoin-theme, LED tap-to-pay functionality, and support for spending crypto anywhere Visa and Mastercard are accepted across the UK and most EEA markets.
The card converts crypto at the point of transaction, with payments treated as taxable crypto disposals in some jurisdictions, while exchange-rate and fair-usage fees may apply depending on the user's subscription tier.
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9) 21Shares' Hyperliquid ETF recorded its strongest session since launch on Thursday, with $8.1M in trading volume and roughly $4.9M in net inflows.
The HYPE token later eased from its all-time highs but remained up around 2% over the past 24 hours, trading just shy of $60 on Friday morning.
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10) Verus, a privacy-focused blockchain using a hybrid proof-of-work and proof-of-stake consensus model, has faced an exploit targeting its Ethereum bridge, the cross-chain infrastructure that allows assets to move between the Verus and Ethereum networks, with losses reaching roughly $11.6M according to Blockaid and PeckShield.
Blockchain security firms said the attacker drained 103.6 tBTC, 1,625 ETH, and 147,000 USDC before swapping the assets into roughly 5,402 ETH, while the attacker's wallet was reportedly seeded with 1 ETH through Tornado Cash prior to the exploit.
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11) Capital B (Euronext Growth Paris: ALCPB, OTC: CPTLF), which brands itself as Europe's first "Bitcoin Treasury Company," confirmed the acquisition of 192 BTC for €13M, bringing total holdings to 3,135 BTC acquired at an average price of €90,451 per bitcoin and a total acquisition value of €283.6M.
The purchases were funded through multiple capital raises, including a €15.2M private placement backed by institutional investors Adam Back and TOBAM, alongside an additional €1.1M warrant financing and €0.85M raised through an ATM-style equity issuance program.
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12) Bit Digital (NASDAQ: BTBT), a crypto infrastructure company focused on Ethereum treasury strategies and AI infrastructure through its majority ownership in WhiteFiber (NASDAQ: WYFI), reported Q1 2026 revenue of $27.9M and held 155,444 ETH worth approximately $327M at quarter-end while continuing to shift capital allocation away from bitcoin mining.
The company generated $2.3M in ETH staking revenue and disclosed that around 70,000 ETH had been repositioned into liquid-staked ETH products to improve treasury flexibility, while roughly 60,677 ETH remained natively staked as of April 30.
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13) DeFi Development Corp. (NASDAQ: DFDV), a publicly traded company focused on accumulating and compounding Solana as a treasury asset, reported a SOL-per-share (SPS) of 0.0670 as of May 13, up 108% year-on-year, while reaffirming a June 2026 target of 0.075 SPS and a long-term goal of 1.0 SPS by the end of 2028.
The company disclosed holdings of 2.29M SOL and SOL equivalents, up 3% since March, while continuing to expand validator operations, staking infrastructure, treasury deployment strategies, and Solana ecosystem partnerships as part of its broader on-chain yield and treasury model.
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14) Bitcoin treasury and former healthcare company Nakamoto (NASDAQ: NAKA) has announced that its Q1 2026 results reflect its shift into a Bitcoin-focused operating business after acquiring BTC Inc. and UTXO Management in February.
The company published that revenue reached $2.7M, including $1.1M from its Bitcoin treasury and derivatives strategy, while its BTC holdings exceeded 5,000 coins with a quarter-end value of about $345M.
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15) Fidelity International, a global asset manager with more than $1T in assets under management, has launched its first tokenised money market fund, FILQ, with Moody's assigning the Ethereum-based vehicle a top-tier AAA-mf rating similar to traditional institutional liquidity funds.
FILQ is structured as an on-chain version of Fidelity's existing $7B Irish-domiciled LVNAV fund and uses Sygnum's tokenisation infrastructure and Chainlink oracle feeds sourcing NAV data from JPMorgan to support 24/7 subscriptions and redemptions via stablecoins.
The ERC-20 fund invests in highly rated government securities and is designed to provide institutional investors with blockchain-native cash management and settlement infrastructure, while Sygnum manages KYC, AML, token issuance, and smart contract-enabled settlement flows.
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Cerebras Systems is a publicly traded, US-based AI infrastructure company focused on purpose-built computing systems for advanced artificial intelligence workloads.
Its technology is designed to support the growing compute requirements of large-scale model training, real-time inference and enterprise AI deployment.
The company is best known for its wafer-scale computing architecture.
Unlike conventional AI infrastructure, which typically depends on clusters of graphics processing units connected across multiple servers, Cerebras has developed the Wafer-Scale Engine — a large-format AI processor that integrates substantial compute and memory resources onto a single wafer.
This approach is intended to reduce communication, latency and efficiency constraints that can arise when workloads are distributed across many separate chips.
Cerebras provides a full-stack AI compute platform, including processors, complete systems, software and cloud-accessible compute services, allowing customers to access high-performance AI infrastructure without building and managing complex GPU clusters independently.
Its systems are used across AI training and inference.
Training involves developing and optimising large models, while inference refers to the real-time deployment of those models in applications such as generative AI, enterprise automation, research, search, coding tools and AI agents.
As AI adoption broadens, inference is becoming a larger and more commercially important component of compute demand.
Cerebras operates in a competitive market led by Nvidia, while major cloud providers are also investing heavily in proprietary silicon. Its differentiation comes from offering an alternative architecture at a time when demand for AI compute continues to expand across model developers, cloud platforms, enterprises and research organisations.
The company's prospects are linked to:
At the same time, it operates in a capital-intensive sector and faces execution risk, customer concentration risk and competition from larger semiconductor and cloud infrastructure providers.
Cerebras Systems is therefore notable as a publicly traded specialist in AI compute, with a distinct wafer-scale architecture and exposure to one of the most important infrastructure themes in technology markets.
DISCLAIMER:
This article is provided for general information and reflects the author's views only. It does not constitute investment advice, nor an offer or solicitation to buy or sell any financial instruments or digital assets. Your ability to access or use any products or services mentioned may be subject to the laws and regulatory requirements of your jurisdiction.