HTX Research says on-chain pre-IPO perpetuals and tokenized U.S. equities are shifting price discovery from Wall Street to crypto markets.
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U.S. markets suffered their worst single-day loss since 2020, shedding $3.1 trillion in value after Donald Trump unveiled sweeping tariffs.
JPMorgan’s participation in the BlackRock Bitcoin ETF as a custodian raises eyebrows, given its history of hefty fines and controversies. Concerns over counterparty risk loom large in the crypto industry, emphasizing the importance of individuals holding their own bitcoins to avoid potential consequences of a major Wall Street bank’s involvement.

