Reddit (NYSE: RDDT) shares plunged more than 23% to $100 in Friday's premarket trading, approaching levels last seen in May 2025 after the social media company reported weaker-than-expected user growth. Reddit also warned that total daily active users could fall by a low-double-digit percentage in the fourth quarter if search referrals continued declining at their October pace.
SanDisk Corporation (NASDAQ: SNDK) shares plunged nearly 9% to approximately $1,216 in Friday's premarket trading despite reporting stronger-than-expected fiscal first-quarter earnings and issuing an upbeat outlook. The decline came amid concerns about slowing NAND flash memory price increases and the sustainability of the chipmaker's unusually high profit margins.
Amazon (NASDAQ: AMZN) shares sank more than 7% to around $226 in Friday's premarket trading after the company's third-quarter earnings and revenue fell short of Wall Street estimates. The results also showed a sharp deterioration in free cash flow amid heavy spending on artificial intelligence infrastructure, even as growth at Amazon Web Services (AWS) accelerated.
Nasdaq's stance highlights potential market fragmentation and regulatory challenges, influencing future tokenization strategies and issuer control.
The post Nasdaq opts out of SEC tokenization exemption as OKXICE objections mount appeared first on Crypto Briefing.
The dominance of US assets in the tokenized stock market highlights potential concentration risks and regulatory challenges in global finance.
The post US firms and ETFs make up 91.8% of the tokenized stock market appeared first on Crypto Briefing.
Corporate resistance to OKXICE's tokenized stock plans highlights broader concerns about third-party control and the future of blockchain securities.
The post Walmart and Eli Lilly reject OKXICE tokenized stock plans as objections reach 38 appeared first on Crypto Briefing.
Tokenized securities' rapid adoption could redefine financial markets, integrating blockchain with traditional equity, and expanding global investment opportunities.
The post Bullish CEO Thomas Farley sees tokenized securities going mainstream within two years appeared first on Crypto Briefing.
Tokenized stocks require robust liquidity and redemption mechanisms to ensure stability and investor confidence beyond 24/7 trading.
The post Tokenized stocks need more than 24/7 trading to solve liquidity problem, Gravity Team CEO says appeared first on Crypto Briefing.
The rapid growth of Coinbase's tokenized stocks on Base highlights the increasing integration of traditional finance with decentralized platforms.
The post Coinbase tokenized stocks on Base cross $4 billion in DEX volume appeared first on Crypto Briefing.
The dominance of offshore tokenized stocks highlights regulatory challenges and potential risks in global financial markets.
The post Nearly 91% of tokenized stocks are issued outside the US, with Jersey, ADGM and BVI in front appeared first on Crypto Briefing.
Alpaca's dominance in tokenized stocks centralizes market risk, making it critical infrastructure and raising concerns over potential disruptions.
The post Alpaca holds the real shares behind most tokenized stocks appeared first on Crypto Briefing.
The dominance of collateralized tokens highlights regulatory advantages but raises concerns about investor rights and market concentration risks.
The post Collateralized tokens account for 86.5% of tokenized stocks appeared first on Crypto Briefing.
Tokenized shares could revolutionize equity markets by enhancing investor access, transparency, and trading efficiency under new SEC frameworks.
The post Canton Strategic Holdings plans tokenized shares with same rights as Nasdaq stock appeared first on Crypto Briefing.
Microsoft Corporation (NASDAQ: MSFT) shares rose about 1% to $535.11 in Thursday's premarket trading after the company reported better-than-expected quarterly earnings and revenue, supported by accelerating growth in its Azure cloud business. The technology giant reported adjusted earnings of $4.89 per share for its fiscal 2027 first quarter, exceeding analysts' estimate of $4.72.
Canton's tokenized share trading could redefine market access and efficiency, challenging traditional models and influencing future tokenization efforts.
The post Canton Strategic Holdings plans tokenized share trading as soon as Nov. 2 appeared first on Crypto Briefing.
Chainlink's 24/7 pricing could enhance DeFi's reliability and appeal by ensuring continuous asset valuation, potentially boosting institutional adoption.
The post Chainlink adds weekend pricing for tokenized stocks, with Aave as launch partner appeared first on Crypto Briefing.
Alphabet (NASDAQ: GOOGL) shares fell more than 10% to $291.49 in pre-market trading Thursday after the Google parent reported weaker-than-expected third-quarter earnings, as slowing search advertising growth and heavy artificial intelligence spending overshadowed strong demand for its cloud services. Alphabet reported diluted earnings of $2.12 per share for the quarter ended September 30, down from $2.87 a year earlier.
Oracle (NYSE: ORCL) shares slipped 3% to $140.36 in early premarket trading Thursday, reversing some of Wednesday's Investor Day-driven advance as AI-related tech stocks weakened amid investor disappointment over Alphabet's third-quarter earnings. Google's parent company's shares dropped roughly 10% in extended trading after its quarterly revenue and adjusted earnings missed Wall Street expectations.
The rise in tokenized equities on Solana highlights growing investor interest in decentralized finance, offering new trading opportunities and challenges.
The post Tokenized equities on Solana hit a record high in unique products appeared first on Crypto Briefing.
The rapid growth of tokenized stocks highlights a shift towards blockchain-based equity access, but market concentration poses significant risks.
The post Tokenized stocks hit $4.63 billion, matching stablecoins’ March 2020 size appeared first on Crypto Briefing.
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