Big Short’s Michael Burry Warns SEC Tokenized Stock Plan Risks ‘Snow Crash’ Future – Bitcoin News

Key Takeaways Michael Burry cited Neal Stephenson’s 1992 novel Snow Crash in a May 19 Substack warning about SEC tokenized stock plans. The SEC under the Trump administration proposed an innovation exemption for crypto firms, but delayed the plan on May 22, 2026. Burry’s warning signals growing investor concern that tokenized equities could expose markets to 24/7 volatility and manipulation risks. Burry Warns SEC Tokenized Stocks Could Erode Human Connections Writing on his Substack channel “Cassandra Unchained” and mirroring the post on X, the Big Short investor Michael Burry pointed…

Former BlackRock Exec Reveals Ethereum’s Future Outlook! | Joseph Chalom

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Joseph Chalom, CEO of SharpLink, joined me to discuss the company’s Ethereum treasury strategy and the future of ETH. Topics: – BlackRock’s Digital Asset adoption – Sharplink’s Ethereum Treasury – Ethereum adoption by TradFi – Tokenization market Brought to you by 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🔐 Safely Store your Crypto with Trezor Hardware Wallets – 🌟Uphold…

SEC Greenlights Nasdaq’s Cash-Settled Bitcoin Index Options, CFTC Approval Is the Final Hurdle

Key Takeaways SEC approved Nasdaq to list bitcoin index options on Phlx under ticker QBTC. Cash-settled QBTC contracts eliminate custody and assignment risks, broadening institutional bitcoin access. Trading cannot begin until the CFTC grants exemptive relief, as bitcoin is classified as a U.S. commodity. What Cash-Settled Means And Why It Matters The Securities and Exchange Commission (SEC) approved Nasdaq’s application to list European-style, cash-settled bitcoin index options on the Philadelphia Stock Exchange (Phlx), adding another regulated instrument to the growing ecosystem of U.S. bitcoin derivatives. The contracts will trade under…

Bitcoin liquidations hit $320M on SEC stock news

Bitcoin liquidations surpassed $320 million in longs on May 22 after the SEC unexpectedly delayed its tokenized stock plan. Summary Crypto markets saw $320 million in long liquidations on May 22, with longs accounting for roughly $296 million of the total according to CoinGlass data. The SEC delayed a plan to grant broad exemptions for US crypto firms to trade tokenized assets linked to US stocks, Bloomberg reported on May 22. Bitcoin fell toward $76,000 following the news, extending a week of sustained selling pressure and a six-session Bitcoin ETF…

SEC Approves Nasdaq Bitcoin Index Options

The Securities and Exchange Commission has approved Nasdaq’s proposal to list cash-settled Bitcoin index options on the Philadelphia Stock Exchange. The options are European-style contracts tied to the Nasdaq Bitcoin Index, a benchmark that tracks one one-hundredth of the CME CF Bitcoin Real Time Index, which updates with data from major cryptocurrency exchanges every 200 milliseconds. The approval was granted on an accelerated basis and published Friday on the SEC’s website. The new contracts are cash-settled, meaning holders receive the difference between the Bitcoin spot price and the strike price…

SEC Tokenized Stocks Risk Market Fragmentation

The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research. Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple blockchain platforms, said Tiger Research director and head of research Ryan Yoon on Friday. “Traditional finance views the breakup of its previously consolidated, centralized liquidity as a serious structural threat,” said Yoon. When third parties tokenize the same listed stock across different blockchain networks and decentralized platforms, the trading…

Former Silvergate Exec Sheds Light SEC Settlement

The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a “multi-year battle” in court, where she was accused of misleading investors about anti-money laundering rules and how the bank monitored crypto customers. In her first public comments about her settlement with the SEC on Wednesday, Kate Fraher claimed that no financial agency proved that Silvergate’s anti-money laundering controls had failed, and that she only opted to settle to “move forward.”  Fraher had agreed to a civil…

SEC Seeks Feedback on Prediction Markets ETFs

The US securities regulator is delaying the launch of a recent wave of “novel ETFs,” including those that allow investors to bet on the outcome of events, to consider the implications of introducing the new products.  In a statement on Wednesday, SEC Chair Paul Atkins said that “novel products raise novel questions” and instructed his staff to seek public feedback on how the regulator should respond to these applications.  Bitwise filed in February for a series of prediction market ETFs under the PredictionShares brand to track US election results, while…

AI Financial SEC Filing Flags Going Concern Risk After WLFI Token Decline – Bitcoin News

Key Takeaways AI Financial Corp. holds 7.28B locked WLFI tokens worth $706M, down from a $1.46B cost basis, triggering a going concern warning. The $348.3M Q1 2026 unrealized loss on WLFI tokens drove a $271.5M net loss, with only $10.5M cash on hand. WLFI loaned AIFC $15M in January 2026 while holding ~46% equity, deepening related-party risk as token unlocks remain pending. AI Financial Corp Files Going Concern Warning Tied to $1.46B WLFI Token Buy AI Financial Corp. (Nasdaq: AIFC), formerly known as Alt5 Sigma Corporation, raised approximately $1.5 billion…

ONDO Surges 16% As SEC Eyes Framework For Tokenized Stocks

ONDO jumped roughly 16% after reports that the US Securities and Exchange Commission is preparing a framework that could allow tokenized versions of stocks to trade on crypto rails, potentially giving one of the real-world asset sector’s most visible names a fresh regulatory tailwind. ONDO traded near $0.390, up 15.5% over 24 hours, with about $228 million in daily volume and a market capitalization near $1.9 billion. The move followed a Bloomberg report, that the SEC could release an “innovation exemption” for tokenized stocks as soon as this week. The…