Binance bStocks have become the second-largest tokenized stock issuer less than two months after launch, reaching approximately $624 million on Aug. 3, surpassing xStocks at $579 million. Israel’s Bank Leumi will become the first local bank to offer crypto trading through a partnership with Galaxy Digital from early 2027, allowing customers to trade Bitcoin, Ether and Solana. Metaplanet CEO Simon Gerovich denied selling any Bitcoin after transferring 5,014 BTC worth $322 million, maintaining holdings of 43,000 BTC despite an unrealized loss of $1.4 billion. Singapore has finalized regulations requiring crypto firms to report user transactions to the tax department under the OECD framework, effective January 1, 2027 for new users. The total value of tokenized stocks tracked by Token Terminal has surged from roughly $80 million to approximately $2.7 billion.
Source: Read the original article
