Securitize said average tokenized assets under management reached $4.3 billion in the second quarter, up 16% from a year earlier, while aggregate transaction volume surged 147% to $5.3 billion. Revenue fell 5% to $14.4 million and the company posted a $21.7 million net loss, according to its second-quarter results. The increase in activity was driven mainly by subscriptions and redemptions in BlackRock’s BUIDL and BUIDL-I funds, plus a $250 million subscription to the Securitize Tokenized AAA CLO Fund. BUIDL holders can also swap into USDC through UniswapX RFQs, but only via whitelisted market makers and gated participation.

Hyperliquid’s open interest rose above $11 billion in July, the highest level this year, while 30-day perpetual futures volume neared $178 billion. The platform accounts for roughly 9% of global perpetual futures open interest, according to a report. Even so, protocol revenue has declined for four consecutive quarters, sliding from a $357 million peak in Q3 2025 to about $202 million in Q2 2026. The drop has reduced funds available for HYPE token buybacks.

Evernorth Holdings is revising its planned $1 billion Nasdaq transaction after XRP fell well below the deal’s original $2.36 valuation assumption. Under the updated structure, each $10 share would represent a larger amount of XRP, with the final XRP allocation tied to XRP’s volume-weighted average price (VWAP) at closing. Evernorth currently controls 473.27 million XRP. The original deal was based on an XRP price of $2.36, which is now substantially higher than the current level.

Crypto treasury firm Evernorth Holdings is revising the terms of its planned $1B Nasdaq listing after XRP traded far below the deal’s initial assumptions. The original structure assumed XRP at $2.36 with shares priced at $10, while XRP is now around $1. Under the revised plan, shares will still be priced at $10, but the amount of XRP represented per share will be set based on XRP’s VWAP at closing. Evernorth holds 473.27 million XRP worth roughly $473 million, and more than 95% of committed investors have approved the updated terms.

Metaplanet reported interim results for the fiscal year ending December 2026, with revenue of ¥4.94 billion, up 134% from a year earlier. Operating profit rose 136% to ¥3.33 billion, and the operating margin was 67.4%. Net assets totaled ¥340.9 billion, down 25.7% from the prior period end. The company said its BTC yield was +9.6% year-to-date and its bitcoin holdings stood at 43,000 BTC.

Federal Reserve official Beth Hammack said current borrowing conditions are not restraining inflation enough and argued for immediate rate hikes to bring inflation back toward the 2% target. Separately, the U.S. Producer Price Index (PPI) rose 4.7% year over year in July, below the 4.9% forecast and down from 5.5% in June. After the data, bitcoin traded above $63,600 while ether was below $1,900. Markets remain cautious about how further monetary tightening could affect crypto assets.

Nasdaq ISE has filed a proposed rule change with the SEC (File Number SR-ISE-2026-42) to expand a standardized framework for options on crypto ETF-related trusts to cover BTC, ETH, SOL and XRP. The proposal would require at least 85% of a trust’s net asset value to be made up of holdings that underlie derivatives contracts, while allowing up to 15% in digital commodities that do not meet derivatives-market requirements. It also sets a liquidity threshold, requiring each digital commodity to have an average daily global market value of at least $700 million over the prior 12 months. The framework outlines a pathway for more major crypto assets to enter the ETF options market.

Kaito (KAITO) is set to unlock about 58.11 million tokens at 12:00 PM on August 20, according to Web3 asset data platform RootData. The tokens to be unlocked are valued at about $25.87 million. The figures reflect the latest update in the project’s token release schedule.