Stocks

Binance said Friday it captured more than 60% of SpaceX derivatives trading across CEX and DEX venues after SPCXUSDT posted over $5.6 billion in volume in a single 24-hour window. The exchange also reported more than $9 billion in cumulative SPCXUSDT volume since its SpaceX Pre-IPO trading began and cited $167.22 million in one-sided open interest as of June 13, 9:00 AM UTC.

Bitmine Immersion Technologies said its board approved initial cash dividends for its 9.50% Series A Perpetual Preferred Stock and confirmed the security has been cleared to list on the NYSE. The company set an initial dividend of $0.316667 per share payable June 22, 2026, and a second weekly dividend of $0.105556 per share payable June 26, 2026, with record dates of June 12 and June 16, 2026, respectively.

Ripple CEO Brad Garlinghouse said on Fox Business on June 12, 2026 that JPMorgan CEO Jamie Dimon was misrepresenting what the Senate's CLARITY Act would do for compliance. He argued Dimon's stance is tied to protecting JPMorgan's payments business, which he described as about $20 billion in annual revenue and more than $5 billion in profit.

On June 12, 2026 at 9:05 PM, BlackRock filed to list a Bitcoin Income ETF on Nasdaq, with the product expected to debut next week. The proposed fund is positioned as a yield-focused wrapper rather than a standard spot Bitcoin vehicle, aiming to broaden demand from income-oriented allocators. Bitcoin was trading around $63,774 on June 13, 2026, up 4.1% over the week and stabilizing above $63,000 after a brief push above $64,000 earlier in the period.

On June 11, 2026, the U.S. SEC proposed rescinding Regulation NMS Rule 611 and Rule 610(e), a market-structure change that could materially affect how tokenized U.S. equities trade in DeFi. The proposal enters a 60-day public comment period and would replace trade-by-trade NBBO enforcement with a principles-based best-execution approach at the broker-dealer level.

Binance Wallet, Bybit and Bitget canceled SpaceX pre-IPO tokenized-share offers on Friday and issued refunds after xStocks could not obtain the underlying shares. Retail demand reportedly overwhelmed available allocations, with Bloomberg citing over $100 billion in retail orders and xStocks partners said to have collected more than $1 billion in customer interest. The episode highlighted that token issuance can function as designed, but sourcing and holding the real shares within required frameworks can still be the limiting factor.

Coinbase said on June 12 it is preparing the next phase of its “Everything Exchange,” aiming to let users access crypto, stocks, ETFs, cash, perpetual futures, prediction markets, and rewards from a single account. The company highlighted goals including instant settlement and 24/7 availability, and said its roadmap covers nearly 10,000 stocks and ETFs. Coinbase added it plans to reveal the next phase on June 16.

SpaceX priced 555.56 million shares at $135 on June 11 and raised $75 billion in what it described as the largest IPO on record. Shares began trading on Nasdaq as SPCX at $150 on June 12, lifting the company’s valuation to about $2.1T and pushing Elon Musk’s estimated net worth to roughly $1.1 trillion. The stock later reached $176.45 intraday as volume climbed to about 475.8 million shares.

Trust Wallet has introduced support for bStocks, letting eligible users gain price exposure to U.S.-listed equities such as Nvidia and Tesla directly from a self-custody wallet without a traditional brokerage account. The company says bStocks can be used across BNB Chain DeFi while continuing to receive dividend-related economics, though the tokens do not represent direct share ownership. Access is restricted in the U.S., UK, and EU, even as tokenized equities activity and regulatory attention increase.

Bybit launched SPCXX, a tokenized SpaceX product under the xStocks framework, on its Spot market and introduced related reward campaigns. SPCXX trading and deposits go live at 16:20 UTC on June 12, 2026, with withdrawals opening at 10AM UTC on June 13, 2026. Users can join a 200,000 USDT Token Splash tied to SPCXX spot volume, and new users may qualify for a 10 USDT bonus after completing 100 USDT deposit and 100 USDT SPCXX trade steps.