WeChat Pay is currently testing its AI payment feature and is expected to launch later this week.

June 16: Coinbase today announced the launch of its first batch of fully asset-backed tokenized stocks—pegged 1:1 to underlying real-world U.S. stocks—marking a major milestone in moving traditional U.S. equities onto blockchain networks. Users can directly hold tokenized shares representing actual U.S. company stocks, enabling seamless on-chain transactions, holdings tracking, and redemptions, plus automatic dividend payouts tied to the underlying assets. Crucially, Coinbase clarifies this product is neither a derivative nor an IOU (I Owe You); it is a direct 1:1 mapping of real assets, designed to deliver a more transparent and verifiable on-chain stock market experience for users.

June 16. Per the latest Forbes Billionaires List update, Elon Musk, CEO of Tesla and SpaceX, has seen his net worth surge to an astounding $1.4 trillion — a new all-time record!

June 16 — Official sources confirm that Ondo Finance has announced a partnership with Mirae Asset, South Korea’s largest asset management firm. The collaboration will enable on-chain tokenization of Global X ETFs from Mirae’s Global X ETF series, leveraging Ondo Global Markets’ platform. This marks the first time a major Asian asset management institution has brought its existing ETF products to a blockchain, opening up on-chain investment access to these assets. Under the agreement, Mirae Asset becomes the first Asian asset management company to list its ETFs on the blockchain. The initial batch includes 10 Global X ETFs focused on themes like artificial intelligence and technology, blockchain and digital assets, robotics and space innovation, lithium and silver, defense technology, and covered call option income strategies. Both parties emphasized that the asset management industry is undergoing a structural transformation driven by tokenization, noting that future capital market in

June 16 – Per data from Bitget’s markets, SpaceX rallied more than 17.21% during intraday trading, though it’s now up less than 10% as of current levels. The aerospace firm’s market capitalization has climbed above $2.969 trillion, crossing Microsoft’s prior peak of roughly $2.948 trillion to land just behind Apple, Google, and NVIDIA in global valuation rankings. On June 16, SpaceX options launched for active trading, offering investors another avenue to bet on the future performance of the newly listed rocket manufacturer’s shares. Options grant holders the right to buy or sell an asset at a fixed price within a set timeframe, commonly used either to hedge existing risks or speculate on predicted price moves. Trade Alert data indicates that in the first 10 minutes after trading opened, approximately 115,000 option contracts changed hands, with a call-to-put ratio of 1.7:1.

June 16th Crypto Flash: Coinglass data shows that if Bitcoin falls below $64,000, cumulative long liquidations on major centralized exchanges (CEXs) will total $984 million. Conversely, if Bitcoin surges past $68,000, cumulative short liquidations on these top CEXs will reach $991 million. BlockBeats Note: Liquidation charts do not display the exact number of contracts to be liquidated or the precise value of individual liquidated contracts. Instead, the bars on these charts represent the relative importance of each liquidation cluster compared to adjacent clusters—this is the "strength" metric referenced. As a result, the chart illustrates how much the underlying asset’s price is likely to be impacted when it hits a specific price level. A taller liquidation bar signals a more intense price reaction, driven by a liquidation cascade.

June 16: Per market data from Bitget, SpaceX (SPCX.O) has extended its price surge to 17%, pushing it past Microsoft (MSFT.O) in total market capitalization to become the world’s fourth-largest company by market cap. SpaceX currently carries a total valuation of $2.93 trillion, while third-ranked Apple (AAPL.O) boasts a $4.37 trillion market capitalization.