Jamie Dimon cautioned that markets may be underestimating the risk of a credit and bond market shock, noting the long gap since the last true credit recession could magnify the next downturn. The warning lands amid elevated rates, heavy Treasury issuance, and signs of tighter financial conditions rippling through funding markets.
Source: Seeking Alpha
UAE’s OPEC exit reshapes oil’s geopolitical calculus
The United Arab Emirates’ decision to leave OPEC underscores fractures within the cartel and raises questions about future supply coordination. Analysts say the move may reduce OPEC’s pricing power over time even if immediate impacts on fundamentals remain contained, leaving oil more sensitive to unilateral production decisions and regional politics.
Source: MarketWatch
Visa sticks to double‑digit revenue growth and wields $33B buyback firepower
Visa outlined full‑year net revenue growth in the low double‑digit to low‑teens range and highlighted $33 billion in total repurchase capacity. Management pointed to resilient cross‑border spending, continued digitization, and upcoming catalysts like the FIFA World Cup, reinforcing payments’ relative strength against a choppy macro backdrop.
Source: Seeking Alpha
OKX, Standard Chartered and BlackRock roll tokenized Treasurys into collateral
OKX added BlackRock’s on‑chain money market fund BUIDL to its collateral framework with Standard Chartered, letting institutions post yield‑bearing tokenized Treasurys as margin while assets remain off‑exchange in bank custody. It’s a notable step in turning tokenized real‑world assets from passive holdings into active market infrastructure for trading and risk management.
Source: Finance Magnates
NYSE Arca proposes 85% ‘qualified assets’ rule for crypto commodity trusts
A new NYSE Arca filing asks the SEC to allow commodity‑based crypto trusts to hold up to 15% in non‑qualifying assets so long as at least 85% meets existing generic listing standards. The change could widen product design flexibility—especially for multi‑asset and derivatives sleeves—while keeping most exposure tied to assets with established surveillance and eligibility.
Source: FinanceFeeds
CFTC sues Wisconsin, escalating federal–state fight over prediction markets
The CFTC filed a federal lawsuit challenging Wisconsin’s attempt to treat event‑based contracts as illegal sports betting, asserting exclusive federal jurisdiction under the Commodity Exchange Act. The case, part of a broader multi‑state clash, could set a precedent for how regulated event contracts are offered in the U.S. and whether state gambling laws can restrict federally overseen derivatives.
Source: FinanceFeeds
State Street to launch tokenized fund servicing from Luxembourg by 2026
State Street plans to support issuance, administration, custody and transfer agency for tokenized funds alongside traditional vehicles within a single operating model. The move anchors tokenization in regulated fund plumbing—aiming to connect large asset managers to blockchain rails without abandoning existing governance, reporting, and risk frameworks.
Source: FinanceFeeds
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