Finance and Business News page 39

The agency's own agenda for a 24-hour trading roundtable is the sole primary record in today's docket, and everything else is reported activity with no filing behind it. The agency's own agenda for a 24-hour trading roundtable is the sole primary record in today's docket, and everything else is reported activity with no filing behind…

The HYPE treasury firm has more than doubled its stock-sale program from an initial $1 billion. Hyperliquid Strategies has increased the size of its equity facility to $2.5 billion, according to reports from multiple crypto news outlets on September 2.

The asset manager's rebalancing move sent HYPE's price higher as the token gained institutional index exposure. Hashdex has included HYPE, the native token of the Hyperliquid decentralized exchange, in its Nasdaq-listed crypto index exchange-traded fund. The addition was reported by CryptoBriefing on September 1, with CoinGape separately noting the same development the same day.

The stablecoin issuer is building a consumer-facing app that brings its synthetic dollar token out of yield protocols and into everyday banking use. Ethena has introduced a new neobanking application built on the Avalanche blockchain, according to reports from CoinGape and Bankless.

Reports on Binance's new US stock options agree on scope and structure but disagree over how exercised contracts are settled, with Blockchain.News describing stablecoin settlement while three other outlets describe physical delivery of shares.

The crypto industry's largest political action committee has trimmed its planned advertising budget for a closely watched Massachusetts primary race. Fairshake, the political action committee backed by major cryptocurrency firms, has reduced its planned advertising spending in a Massachusetts primary race.

The listing gives European users regulated access to $ASSET as REAL Finance pushes further into the region. REAL Finance has confirmed that its $ASSET token is now available on Kraken EU, the exchange's European arm. The move extends the project's reach across a region increasingly shaped by tighter digital asset rules.

A 21-firm coalition of major banks says it will launch a jointly backed dollar stablecoin in the first half of 2027. A group of 21 banks has agreed to work together on a dollar-denominated stablecoin, according to multiple reports published this week. Goldman Sachs, Citigroup and UBS are named among the participants.

The research firms frame a spectrum comparing how each network distributes control and validation power ARK Invest and Glassnode have published a joint research report examining decentralization across Bitcoin, Ethereum, and Solana. The report was covered by CryptoBriefing and by Glassnode Research on September 1, 2026.

Fifty separate incidents were recorded last month, marking a sharp rise from July. Crypto hacks surged in August, with losses totaling $136 million across 50 separate incidents. That figure represents a 67% increase compared to the prior month, according to industry reporting.

The asset manager expanded its crypto-adjacent equity holdings with fresh purchases of Jack Dorsey's Block and stablecoin issuer Circle. Ark Invest has expanded its exposure to crypto-linked equities, purchasing shares of Block Inc. and Circle in a move reported by crypto.news and CoinGape.

The largest XRP-focused exchange-traded fund reached the milestone as analysts point to renewed price targets for the token. Bitwise's XRP exchange-traded fund has surpassed $500 million in assets under management. The fund reached the threshold roughly nine months after it began trading. It is now the largest XRP-focused ETF available to investors.

The funding round uses blockchain-based equity tokens to back expansion into nickel-linked energy systems and security technology. Alkemya Metacore has raised $50 million through a tokenised equity structure, according to four outlets covering the deal on September 1. The company intends to direct the funds toward expanding its nickel energy and security technology businesses.

Analysts point to Robinhood's expanding product lineup and user growth as reasons for the more bullish outlook. Morgan Stanley has raised its price target on Robinhood Markets, ticker HOOD, to $150. The bank also upgraded its rating on the stock to overweight, a signal that it expects the shares to outperform peers over the coming…

Seoul is building blockchain surveillance capacity to enforce a long-delayed capital gains levy on digital assets. South Korean regulators are preparing wallet tracing technology to support enforcement of a crypto capital gains tax scheduled for 2027, according to crypto.news.

The prediction market operator says former congressman George Santos manipulated a State of the Union trading contract. Kalshi has imposed a lifetime ban on George Santos, the former New York congressman, after determining he manipulated one of its prediction markets.

A decision siding with state regulators could send the fight over who oversees prediction markets to the Supreme Court. A recent court ruling touching on Kalshi's prediction market business has raised new questions about federal oversight of the industry. According to crypto.news, the decision puts the Commodity Futures Trading Commission's prediction market rules at risk.

Crypto custodian BitGo pays $7 million in cash and $35.5 million in stock for NYDIG's trading division. BitGo has agreed to purchase the institutional trading business of NYDIG, according to reports from CryptoPotato, American Banker, and Banking Dive.