The SEC Crypto Working Group Meets with Ondo Finance to Discuss Compliant Tokenized Securities Issuance Scheme

On May 9th, based on HTX market data, due to the "Listed on Coinbase" news, Space and Time (SXT) rose sharply above $0.15.

On May 9th, according to TheBlock, Ethereum's scaling solution SKALE has launched a consensus-level transaction privacy solution named the BITE protocol. The purpose of this is to eliminate Maximum Extractable Value (MEV) attacks. The BITE protocol will encrypt transaction data, thereby preventing validators and MEV attackers from engaging in front-running, sandwich trading, or censoring transactions for their own gain, in an effort to safeguard user interests.

On May 8th, US President Trump said: Fed Chair Powell may not have a very good impression of me. But even without a rate cut, the US is still performing well. We will use tariffs to pressure countries to open up. (Oriental Wealth)

On May 8th, Coinbase will provide support for Space and Time (SXT) on the Ethereum network.

On May 8th, as per the report in Forbes, the quant trading behemoth Jump Trading's crypto division, Jump Crypto, has made a strategic investment in the asset tokenization platform Securitize. The specific amount of the investment remains undisclosed. This is the latest round of funding that Securitize has received following a $47 million investment from BlackRock last year. Michael Sonnenshein, the COO of Securitize, stated that Jump's entry indicates the recognition of the on-chain capital market by traditional financial institutions. The advantages of tokenized products, such as daily dividends and collateral applications, are attracting yield-seeking investors to shift from stablecoins to tokenized government bonds. Securitize currently provides tokenization services to top asset management firms like BlackRock and Apollo. Its flagship product, the BUIDL Fund (a tokenized money market fund), has reached a scale of $2.86 billion. Securitize is collaborating with Ethena Labs t

On May 8th, Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated that the SEC is currently contemplating a potential waiver order. This order would permit companies to utilize Distributed Ledger Technology (DLT) for the issuance, trading, and settlement of securities. Additionally, it would enable companies to employ innovative transaction systems to trade compliant tokenized securities.