Tokenized Equities Surge in Non-US Onchain Markets
Tokenized US equities are driving significant onchain activity outside the US, with trading volume reaching $14.4 billion over the past 30 days.

Tokenized US equities are driving significant onchain activity outside the US, with trading volume reaching $14.4 billion over the past 30 days.

South Korea is tightening cybersecurity rules for financial firms and crypto exchanges after a review uncovered vulnerabilities affecting 130 companies.

South Korean regulators have ordered the blocking of 27 unregistered offshore crypto exchanges, citing security risks and excessive fees as part of an ongoing crackdown on foreign platforms.

Centralized exchanges saw a net inflow of 11,593 BTC over three days, bringing total holdings to 3.67 million BTC, even as long-term data shows a trend of outflows.

MEXC and Payward executives discussed the convergence of crypto and traditional finance at TOKEN2049, focusing on infrastructure collaboration and the shift toward 24/7 global trading.

Binance Ethereum reserves dropped to a six-month low of 3.47 million ETH in October 2026, while US spot ETH ETFs saw $580 million in outflows over eight consecutive days.

Binance users increased their Bitcoin holdings by nearly $537 million in September 2026, while Ethereum balances on the exchange fell by approximately $499 million.

The CFTC has proposed a federal licensing framework for crypto exchanges, aiming to establish clear rules for leveraged products and prevent future market fraud.

The Central Bank of Iran plans to block banking access for crypto exchanges, citing market manipulation concerns following previous restrictions on Tether trading.

Bitpanda co-CEO Christian Trummer reports that the MiCA framework has increased user trust in regulated crypto platforms, while calling for stricter enforcement against unauthorized firms.

Uniswap Labs is working on a v4 hook to provide OUSD rewards directly to liquidity providers in stablecoin pools.

Coinbase is migrating institutional derivatives clients to Deribit on October 1, 2026, following its $2.9 billion acquisition of the platform.

Bybit CEO Ben Zhou says the era of pure crypto exchanges is ending as platforms pivot to offer stocks, gold, and forex to meet growing user demand for integrated financial services.

Hyperliquid, Pump, StonkFun, and Pons have reached record weekly revenue levels, signaling a major surge in onchain fee generation across the DeFi sector.

Hyperliquid has overtaken Solana in circulating USDC supply, reaching $6.73 billion and securing the second position behind Ethereum.

Phoenix Trade now allows users to use native SOL as collateral for leveraged perpetual positions, eliminating the need to convert assets to USDC.

Solana's decentralized exchange ecosystem has surpassed Coinbase and Kraken in spot trading volume, holding the second global position for nine consecutive weeks through late August 2026.

Binance saw a surge in altcoin deposits on April 2, reaching 34,000 transactions, while altcoin-focused ETFs attracted inflows in the tens of millions.

Bulgaria has mandated that all licensed crypto-asset service providers report detailed user and transaction data to tax authorities, with the first filings due by June 30, 2027.
