A clearer view of today.

In its fourth day of trading, SpaceX briefly topped a $2.85 trillion market cap and momentarily eclipsed Amazon, underscoring how AI infrastructure and satellite-enabled compute are driving a fresh rerating in tech. Greenshoe allocations lifted IPO proceeds to a record $85.7B, while looming fast-track index inclusion could force additional passive buying. Bulls point to xAI’s integration with Starlink and the Colossus compute buildout; skeptics warn size-based overvaluation risks usually rise at the very top of the cap table.

Source: FinanceFeeds

Binance is reportedly set to lose permission to operate across the EU as Greece’s regulator nears a rejection of its MiCA license application just ahead of the July 1 compliance deadline. Without authorization, the exchange would need to halt services to EU clients, dealing a setback to CEO Richard Teng’s post-settlement compliance rebuild. Binance says it engaged “in good faith” and believes its application meets MiCA requirements; the HCMC has not issued a formal decision.

Source: Seeking Alpha

Coinbase plans to list tokenized equities fully backed by underlying shares, enabling onchain trading, redemption, and automatic dividend distribution for eligible non‑U.S. users. The move seeks to distinguish fully reserved tokens from synthetic or CFD-style equity exposure and could push equity markets toward 24/7 access, instant settlement, and DeFi composability. Execution will hinge on custody, reserve transparency, and broker‑dealer compliance across jurisdictions.

Source: FinanceFeeds

State Street Investment Management launched a Rule 2a‑7 government money market fund tailored for payment stablecoin issuers, investing in T‑bills and repos to meet GENIUS Act reserve requirements. Initial investors include State Street Bank and Anchorage Digital, reflecting fast‑rising institutional demand to park and audit stablecoin reserves. With stablecoin supply topping $300B and projected to grow, reserve management is emerging as a new, regulated cash market for large asset managers.

Source: FinanceFeeds

Trading Technologies will add connectivity to Kalshi, bringing U.S.-regulated event contracts—on elections, macro data, and more—into the same institutional workflows used for futures and options. The integration signals rising buy‑side demand to trade and hedge real‑world outcomes with the same algos, risk, and surveillance stacks used elsewhere. It’s another step toward positioning event contracts as a mainstream derivatives venue rather than a retail niche.

Source: FinanceFeeds

Broadridge‑backed LTX added “agentic AI” to its BondGPT platform, enabling traders to create AI agents that monitor markets, pre‑build trade tickets, select dealers, launch RFQs, and act under predefined rules with human approval. The shift from Q&A to execution support targets the fragmented, data‑heavy corporate bond market, compressing discovery‑to‑execution cycles. Controls include explainability, audit trails, and policy guardrails to align with institutional oversight.

Source: FinanceFeeds

Visa’s Click to Pay is now live for eligible Revolut Visa cardholders and merchants across the UK and Europe, eliminating manual card entry and leveraging network tokenization for faster, more secure online checkout. Visa says tokenized flows can cut fraud by up to 91% and lift authorization rates by up to 11% versus PAN entry; passkeys add biometric authentication without passwords or OTPs. The rollout strengthens Revolut’s merchant stack while pushing cards closer to embedded, device‑agnostic digital credentials.

Source: FinanceFeeds

• Webull Canada Bets The Future Of Stock Trading Is 24 Hours A Day
• Banks And Exchanges Are Starting To Use AI To Monitor Market Infrastructure
• WTI Oil Breakdown Signals Further Losses as Bears Target $70
• Ripple Invests in Flutterwave as Valuation Reaches $3.2 Billion
• Non‑EEA Users Lose Access to Ready Stablecoin Card Following Issuer Shift