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forklog.media SEC to Lay Groundwork for Tokenization of Stocks

The U.S. Securities and Exchange Commission (SEC) has proposed rescinding two key rules of Regulation NMS. The initiative aims to reduce market participants' costs and encourage innovation. Officials plan to revoke rules 611 and 610(e). The first prohibits trades at prices less favorable than the best offers on other platforms. The second limits the display of quotes that block or cross price values on other exchanges. SEC Chairman Paul Atkins stated that these rules have been in place for 20 years but have become an obstacle to market development over time. He believes the rules have created "unintended consequences" that hinder growth. The public discussion of the proposal will last 60 days following its publication in the Federal Register. Afterward, the Commission will make a final decision on revising the rules. Galaxy Digital called the agency's decision a crucial step for the development of DeFi. According to Alex Thorn, head of research, current rules physically prevent automated market makers (AMM) from trading tokenized stocks. Decentralized protocols operate based on mathematical formulas and cannot account for liquidity on external platforms in real-time. the SEC just proposed rescinding Rule 611 of Reg NMS, the trade-through rule that has defined US equity market structure since 2005this is a tradfi story, yes, but this is also one of the biggest unlocks yet for tokenized stocks 👇 pic.twitter.com/T0PJvWxysI— Alex Thorn (@intangiblecoins) June 11, 2026 “An AMM cannot halt a trade because the price is better on Nasdaq. Once the rules are rescinded, tokenized stocks can legally trade in DeFi pools,” Thorn explained. Instead of strict restrictions, the SEC plans to adopt a flexible approach based on the principle of "best execution" of trades. The changes are expected to be implemented in the first quarter of 2027. Until then, the Commission may launch pilot projects on tokenization, granting participants temporary exemptions from existing rules. In May, SEC Commissioner Hester Peirce urged the crypto industry to temper expectations regarding an "innovation exemption" for trading tokenized stocks. She stated that the regulator does not plan to allow the issuance of synthetic assets.

themerkle.com Metaplanet Acquires Siiibo Securities to Build Japan First Bitcoin-Centric Financial Ecosystem Under Project Nova

Metaplanet is not just buying Bitcoin anymore, it is building the infrastructure to distribute it. The Tokyo-listed company has entered into an agreement to acquire 100% of Siiibo Securities, a licensed Japanese securities firm and pioneer of the country’s online corporate bond market, in what marks the company’s first major acquisition and the opening move of a much larger strategy. The deal, expected to close in July, transforms Metaplanet from a Bitcoin treasury company into something far more ambitious: a regulated financial platform with the pipes to bring Bitcoin-linked products directly to Japanese retail investors. Siiibo Securities Becomes Metaplanet Securities The post Metaplanet Acquires Siiibo Securities to Build Japan First Bitcoin-Centric Financial Ecosystem Under Project Nova appeared first on The Merkle News.

blockonomi.com Securitize Brings AAA CLO Fund to Solana as Ethena Plans $250M Allocation

TLDR: Securitize expands its Tokenized AAA CLO Fund, STAC, to the Solana blockchain network. Ethena Labs plans a $250 million allocation to STAC, backing USDe’s reserves. STAC was developed with BNY, which serves as custodian and sub-adviser for assets. Global CLO issuance tops $1.3 trillion, marking a major tokenization milestone for credit. Securitize has expanded [...] The post Securitize Brings AAA CLO Fund to Solana as Ethena Plans $250M Allocation appeared first on Blockonomi.

forklog.media Google Declines Participation in US Quantum Program

Google has opted out of the US federal program supporting quantum technologies. The company stated that the funding conditions could slow down the path to creating a useful quantum computer, according to Semafor. In May, the US Department of Commerce preliminarily agreed to allocate $2.013 billion to nine companies under the CHIPS and Science Act. The parties signed letters of intent and must finalize the funding terms. The list includes GlobalFoundries with planned funding of $375 million and IBM with $1 billion. The other seven companies are set to receive: Atom Computing — $100 million; Diraq — up to $38 million; D-Wave — $100 million; Infleqtion — $100 million; PsiQuantum — $100 million; Quantinuum — $100 million; Rigetti — up to $100 million. The US Department of Commerce stated that the program aims to accelerate research and production of technologies for the quantum ecosystem. Companies will work on various approaches to quantum computing, including neutral atoms, silicon spin qubits, superconducting systems, photonic technologies, and ion traps. As a condition of funding, the department must receive a minority non-controlling stake in each recipient company. The specific requirements that were decisive for Google are unknown. On June 10, Google Quantum AI COO Charina Chou noted at the Semafor Tech Summit in San Francisco that the corporation continues to work with the US government "in other ways." She mentioned that the government could better support the quantum sector through funding fundamental research. Google collaborates with national labs and academic institutions, and such research underpins more advanced quantum developments, she added. Chou also highlighted the challenging climate for attracting researchers from abroad. She emphasized that the US will need "the best talent from around the world" for breakthroughs in quantum technologies, while China remains "a serious competitor." PsiQuantum co-founder Pete Shadbolt supported government involvement in funding the industry. He stated that it is natural for US authorities to invest in quantum technologies due to their "profound geopolitical implications" and significance for national security. PsiQuantum is among the companies that received a letter of intent for $100 million. The funds are intended to address technical challenges in photonic quantum computing, including materials, single-photon detectors, and photonic packaging. In March 2025, China announced the creation of the superconducting quantum computer Zuchongzhi 3.0. The 105-qubit system is one example of the intensifying competition between the US and China in quantum computing.

bitcoinmagazine.com Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem

Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet is acquiring Siiibo Securities for 2.1 billion yen ($13.1 million), giving Japan's largest corporate Bitcoin holder a securities license and distribution platform to launch Bitcoin-linked investment products. This post Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

cryptobriefing.com Ibrahim Maza attracts interest from Chelsea, Arsenal, and Spurs as Premier League clubs circle Leverkusen star

The intense interest in Maza highlights the escalating transfer market dynamics, where young talent's value rapidly appreciates, benefiting sellers. The post Ibrahim Maza attracts interest from Chelsea, Arsenal, and Spurs as Premier League clubs circle Leverkusen star appeared first on Crypto Briefing.

forklog.media BlackRock Updates Bitcoin ETF Application with Income Feature

BlackRock has submitted a Form 8-A filing with the U.S. Securities and Exchange Commission to register the iShares Bitcoin Premium Income (BITA) ETF, based on the leading cryptocurrency. The product offers access to the spot bitcoin market with an income-generating mechanism. The fund plans to sell call options primarily on its own IBIT shares, and occasionally on spot bitcoin ETP indices. Bloomberg analyst Eric Balchunas suggested that BITA could launch as soon as next week. BlackRock filed an 8-A for the Bitcoin Premium Income ETF $BITA. That typically means launch in one week. So if I had to bet I'd say next Thur $BITA goes live. We'll see tho. pic.twitter.com/jvJY8yhslh— Eric Balchunas (@EricBalchunas) June 11, 2026 According to him, filing a Form 8-A usually signals imminent approval of the instrument. Previously, BlackRock submitted a fourth amendment to its BITA application, stating a sponsor fee of 0.65%, which is lower than competitors among bitcoin ETFs with a covered call strategy. BlackRock's traditional IBIT bitcoin fund has maintained a leading position since its launch in January 2024. As of now, the product manages assets worth $48.6 billion. IBIT Dynamics. Source: SoSoValue. Earlier this year, institutional investors filing Form 13F reduced their positions in U.S. spot bitcoin ETFs by 17%.

cryptobriefing.com Fars News Agency denies reports of US-Iran agreement, raising questions for crypto sanctions landscape

The denial of a US-Iran deal highlights ongoing geopolitical tensions, impacting crypto markets and potentially altering sanctions enforcement. The post Fars News Agency denies reports of US-Iran agreement, raising questions for crypto sanctions landscape appeared first on Crypto Briefing.

forklog.media On-Chain Data Suggests Bitcoin Miners Are Capitulating

The current ratio of the first cryptocurrency's price to mining difficulty mirrors patterns from previous bear cycles, according to an expert known as Killa. Source: X. He believes the capitulation phase is the clearest signal for accumulating digital gold. Killa suggested that the final low of the current Bitcoin cycle will occur later. He predicts this will happen amid a stock market correction, with the bear market bottom forming by the end of this year. Charles Edwards, founder of Capriole Investments, confirmed that the first cryptocurrency is trading at the cost of production. According to him, the average miner margin has fallen below 5%. Source: X. Edwards estimated the total production cost of one BTC at $61,200, with electricity costs accounting for approximately $48,965. When the market price of the asset approaches these levels, it often signals the formation of a long-term bottom. On May 29, following the latest recalculation, the mining difficulty of the first cryptocurrency increased by 1.72%, reaching 138.96 T. Source: CloverPool. In May, Bitcoin miners' stocks rose following Nvidia's report. The company announced revenue of $81.6 billion for the first fiscal quarter of 2027, an 85% increase from the previous year.

blockonomi.com Three Space Stocks Leading the 2026 Investment Frontier: Rocket Lab (RKLB), Planet Labs (PL), and AST SpaceMobile (ASTS)

Discover the top space stocks for 2026: Rocket Lab (RKLB), Planet Labs (PL), and AST SpaceMobile (ASTS) offer unique opportunities in the expanding space economy. The post Three Space Stocks Leading the 2026 Investment Frontier: Rocket Lab (RKLB), Planet Labs (PL), and AST SpaceMobile (ASTS) appeared first on Blockonomi.

news.bitcoin.com Hyperliquid Whale Holds 81% Short Book and $2.7M Profit as HYPE Bet Pays off

A Hyperliquid trader dubbed a “perma-bear” is running an 81% short book with a $2.7 million all-time profit, led by a $13.57 million HYPE short up $539,000, per analytics firm Nansen. A Bear That Keeps Winning Onchain analytics firm Nansen said a Hyperliquid trader (referred to by the firm as a “Perps Perma-Bear“) is 81% […]

cryptobriefing.com International Monetary Fund approves $8.1 billion loan for Ukraine despite missed benchmarks

The IMF's loan approval for Ukraine highlights the flexibility in international financial support during geopolitical crises, impacting global economic stability. The post International Monetary Fund approves $8.1 billion loan for Ukraine despite missed benchmarks appeared first on Crypto Briefing.

forklog.media Orbbec to Build 3D Sensor Factory in Vietnam

Chinese 3D sensor and machine vision solutions manufacturer Orbbec has begun constructing a production facility in Vietnam. The RVMC plant will be located in the Thuan Thanh Industrial Zone in Bac Ninh province. The facility will cover an area of over 100,000 square meters. It will produce 3D sensors and smart devices for international markets, with operations expected to commence in 2027. Orbbec aims to strengthen global supply chains and mitigate supply chain risks by manufacturing at multiple sites.

cryptopotato.com LBank Pay Expands to Support BTC, ETH and 20+ Crypto Assets, Launches 20,000 USDT Campaign

[PRESS RELEASE – Singapore, Singapore, June 12th, 2026] LBank, the leading global cryptocurrency exchange, has announced a major upgrade to LBank Pay, its integrated crypto payment solution. Effective June 11, 2026, LBank Pay now supports direct payments in over 20 major crypto assets, including BTC, ETH, SOL, DOGE, TON, and PEPE — removing the need […]

cryptobriefing.com Iran faces growing pressure from US blockade as oil revenue evaporates and crypto becomes a lifeline

Iran's reliance on crypto amid US pressure highlights potential regulatory tightening and market shifts, impacting global oil and digital assets. The post Iran faces growing pressure from US blockade as oil revenue evaporates and crypto becomes a lifeline appeared first on Crypto Briefing.

forklog.media LG and Arbitrum Launch L2 Network for Advertising

South Korean tech giant LG Electronics has developed its own Layer 2 network based on Arbitrum. This solution will serve as the foundation for a digital advertising platform. LG Electronics is building with Arbitrum.LG's blockchain team, part of the company's R&D; division, is piloting an onchain advertising network on Arbitrum.The full story, including @sgoldfed's conversation with @FortuneMagazine:https://t.co/mIvlp6ip6h pic.twitter.com/Ej4TtAqcbs— Arbitrum (@arbitrum) June 11, 2026 The new system will allow companies to place, buy, and sell ads directly. According to developers, the use of blockchain will eliminate intermediaries and automate transactions without manual intervention. LG has already completed pilot testing of the product in collaboration with a Japanese advertising agency. The company is currently assessing the platform's value for advertisers and audiences. The release could occur by the end of 2026. LG explained that the initiative is supported by its LG Ad Solutions division, which manages advertising on 216 million smart TVs worldwide. Following the news, Arbitrum's native token (ARB) rose by 5% to $0.08. Hourly chart of ARB/USDT on Binance. Source: TradingView. Earlier, in January, LG Electronics introduced a next-generation home robot with artificial intelligence — LG CLOiD.