MSTRX is an on-chain tokenized certificate of MicroStrategy Incorporated shares (ISIN US5949724083), issued by Backed Assets (JE) Limited and enabled by xStocks Alliance. Available as BEP-20 on BNB Smart Chain, ERC-20 on Ethereum and Arbitrum, and SPL on Solana, MSTRX provides 24/7 fractional exposure to MSTR stock at 1:1 backing, with no management fee (issuance/redemption fee up to 0.50%), and integrates seamlessly into DeFi for lending, swaps, and collateral use.
A Nomic bug minted unbacked nBTC, blew a 36% hole in an Osmosis bitcoin fund and somehow went unnoticed for 74 days.
Bitcoin fell under $77K after hot U.S. PPI data fueled Fed rate hike fears, driving $562M in crypto liquidations.
Nasdaq Ventures will invest $100 million in Kraken parent Payward as the firms expand their tokenized stock partnership.
Coinbase CEO Brian Armstrong says bitcoin has likely bottomed as stablecoins, tokenization and crypto growth gain steam.
Liquid's phased resumption follows a major exploit. Read about the Liquid team's actions post-hack and future security plans.
