Evening Wrap ยท October 25, 2026
Corporate bitcoin purchasers face mounting capital demands for stock buybacks, while major US equities reject a tokenized trading pilot.
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Major Firms Opt Out of OKX-ICE Tokenized Stock Pilot
Twenty-two public companies, including Microsoft and Alphabet, formally blocked their shares from trading on the SEC-approved OKX and ICE tokenized venue.
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Treasury Issuers Divert Capital From Bitcoin Purchases
Strategy raised its preferred stock buyback cap to $3 billion, while Strive priced a $700 million offering with a 15% dividend rate.
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ECB Frames Digital Euro as Defense for EU Sovereignty
European Central Bank board member Piero Cipollone said the digital euro will protect the region's payment sovereignty from foreign dependency.
The numbers
Bitcoin trades flat at $80,362 with market dominance at 60.7 percent, while total crypto market capitalization remains at $2.65 trillion.
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