Kalshi to Enhance Trading Surveillance by Adopting Nasdaq’s Market Surveillance Tools

Coinbase is establishing its international tokenization hub in Abu Dhabi, which will serve as the regulatory base for the crypto exchange to tokenize traditional securities outside the United States. The company announced Tuesday that it has obtained a financial services license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing it to arrange investment transactions and provide custodial services for tokenized securities. Coinbase said it plans to use this license to offer digital securities backed by underlying stocks. These tokens will be registered and issued in ADGM, and regulated by FSRA.

On Trade.xyz, the pre-IPO perpetual contract price of Unitree has rebounded slightly, currently trading at $86.1 (equivalent to approximately 580 yuan), with a 24-hour increase of 3.32%. This corresponds to a post-listing market capitalization of around $34.8 billion, or roughly 234.7 billion yuan. Based on Unitree's previously set IPO offering price of 150.8 yuan per share, it is projected to deliver a 3.84x return on new share subscriptions after the opening. Unitree's STAR Market IPO plans to issue 40.4464 million shares, accounting for 10% of its total share capital post-issuance. Each lot consists of 500 shares, with an estimated subscription payment of around 75,000 yuan per winning lot. At Trade.xyz's valuation, 500 shares are worth 290,000 yuan, translating to a profit of approximately 215,000 yuan after deducting the subscription payment. According to today's reports, Unitree's winning IPO subscription numbers have been released, totaling 19,414. Each winning number is only eligible to subscribe for 500 shares of Unitree's A-share stock.

According to Reuters, Pakistani officials stated that signals from the U.S. and Iran indicate the two sides are "approaching some kind of arrangement," with developments moving toward a peaceful direction. Meanwhile, Iran's Mehr News Agency reported that Pakistan's Interior Minister has arrived in Tehran for talks.

Unitree Robotics has released the announcement on the initial offline placement results and online subscription winning results of its initial public offering (IPO) and listing on the STAR Market. A total of 19,414 winning subscription numbers are available, with each number allowing subscribers to purchase 500 Unitree Robotics A-share stocks.

According to an official announcement, H100 Group has appointed Eirik Gr?ttum as its Chief Executive Officer. Gr?ttum previously led Moonshot AS, which completed its acquisition by H100 yesterday. Background materials show he has experience in technology, fintech, systematic trading and digital assets, and previously co-managed related Bitcoin positions with Chief Investment Officer Peter C. Warren. Additionally, Peter C. Warren will remain in his role as Chief Investment Officer; Sander Andersen will continue as Executive Chairman; Johannes Wiik will return to serve as Chief Operating Officer, overseeing operations, corporate development, capital markets and strategic transactions among other duties.

Morgan Stanley E*TRADE Director of Trading and Investment Management Chris Larkin stated that the S&P 500 index has broken out of its two-month trading range and may face tests from inflation and geopolitical factors this week. The jobs report may have eased concerns about a Federal Reserve interest rate hike next month, but if this week’s inflation data cools less than expected, those concerns are likely to deepen again.