China's A-share STAR 50 Index rose more than 10%, notching its highest daily gain this year, with a wave of limit-up surges hitting the semiconductor sector.

The Joint Maritime Information Center (JMIC) said the threat level in the Strait of Hormuz remains at "severe". (Golden Ten)

According to official announcements, Ondo Perps has launched a tokenized stock collateral feature, allowing all users to use Ondo Finance’s tokenized stocks as valid collateral assets for perpetual contract trading. The first supported assets include tokenized versions of the S&P 500 ETF (SPYon) and Nasdaq 100 ETF (QQQon). Ondo noted that its perpetual contract platform has processed over $3.8 billion in trading volume. As traders’ demand grows for on-platform hedging, deep liquidity, tight spreads, low slippage, exchange speeds comparable to centralized exchanges (CEXs), and 24/7 trading, the on-chain stock derivatives market is expanding rapidly. The tokenized stock collateral mechanism allows traders to gain exposure to other markets without locking funds in stablecoins or selling existing assets, thereby improving capital efficiency. This feature is part of Ondo’s "Productive Capital" strategy, designed to gradually align the liquidity and capital efficiency of tokenized stocks and stock perpetual contracts with those of traditional derivatives markets. The company added that the current trading and margin infrastructure built on tokenized assets is just the beginning of a broader on-chain prime brokerage ecosystem, with plans to launch additional markets, liquidity products, and innovative features in the future.

According to a report by The Wall Street Journal, U.S. Trade Representative Greer stated that the United States is preparing a new round of tariffs.

Sources familiar with the matter revealed that Intel (INTC.O) plans to lay off staff in its data center division.

According to an official announcement, Binance has announced that it will delist the AERGOUSDT U.S. dollar-margined perpetual contract at 14:30 (GMT+8) on July 24, 2026.

According to Bitget market data, the Japanese yen weakened against the U.S. dollar, hitting 162.89, marking its lowest level since 1986.