🚨 MARKET MOVEMENTS OVER THE LAST 24H 🚨

• Robinhood – Launches Robinhood Chain, a dedicated Layer 2 built on Arbitrum Orbit.

• Hong Kong – Hong Kong opens a framework for perpetuals and crypto margin trading on a licensed platform.

• Binance x Franklin Templeton – Institutional clients can now use tokenized shares of money market funds as collateral off-exchange, opening a new channel to utilize TradFi assets in crypto.

• $SAFU - The SAFU fund just purchased an additional 4,545 $BTC ($304.58M), bringing the total accumulated to 15,000 $BTC, completing the collection of 1 billion dollars worth of Bitcoin in a short period.

• $HYPE - Arthur Hayes increases his purchase of about 20,000 HYPE tokens into his portfolio, valued at $603,000.

• $HYPE – Hyperliquid buys 5 million HYPE (~$129.5M) when 30-day revenue reaches $81.9 million.

• $UNI – BlackRock chooses Uniswap for BUIDL fund trading and has purchased UNI, promoting the integration of TradFi into DeFi.

• $ARKM – Arkham Intelligence shuts down its crypto exchange to refocus on on-chain data.

• $S - Sonic Labs, instead of merely charging gas fees, will develop or acquire core applications to direct revenue directly to the $S token.

• $ZRO - LayerZero announces the development of a new Layer-1 blockchain called “Zero,” backed by Citadel Securities, Ark Invest, and Tether.

• $ONDO $LINK - Ondo selects Chainlink as the official oracle, enabling tokenized US stocks to be used as collateral in DeFi on Ethereum.