**Market Highlights**
The financial markets were abuzz with activity on September 10th. Here’s a look at some of the key developments:
– **Nasdaq Approves Tokenized Stock Trading:** The Nasdaq has filed an SEC proposal to enable the trading of tokenized stocks, bringing blockchain-based shares into line with traditional equities.
– **HSBC Shifts Interest Rate Expectations:** HSBC now anticipates that the Bank of England will resume interest rate cuts starting April 2026, a change from its previous timeline.
– **CFTC Advisory on Foreign Crypto Transactions:** The CFTC issued an advisory regarding foreign crypto transactions, impacting global cryptocurrency trading.
**Market Movers**
– **Fidelity Digital Interest Token Launches:** Fidelity’s tokenized money market fund, the Fidelity Digital Interest Token, launched on Ethereum with $202 million minted and held by Ondo as reserve.
– **Grayscale Files Chainlink ETF Bid:** Grayscale has filed to convert its LINK Trust into the first U.S. Chainlink spot ETF, a move that boosted Chainlink’s price.
– **Metaplanet Raises Capital for Bitcoin Purchases:** Metaplanet will raise $1.4 billion in an international share sale on September 10th, 2025, to fund Bitcoin buys and operational expenses, driving its stock up 16%.
**Stay updated with the latest market movements!**