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According to a report by Reuters, the trading platform Robinhood announced on Tuesday that it will cut about 10% of its full-time employees, aiming to further enhance the company's operational efficiency through a flatter management structure.Robinhood CEO Vlad Tenev stated that the current business conditions of the company are very strong, but it is necessary to avoid excessive institutional hierarchy and maintain a lean and highly focused team. It is reported that this round of layoffs is expected to incur about $20 million in employee severance and benefits restructuring costs, as well as about $8 million in stock compensation expenses in the second quarter of this year.Data shows that from June to now, the average daily trading volume on the Robinhood platform for stocks, options, and prediction markets has been at record levels.

According to CryptoSlate, the U.S. Congress is pushing to rebuild the Department of Justice's cryptocurrency crime task force. Previously, the Department of Justice disbanded the National Cryptocurrency Enforcement Team in April 2025 and stopped its "law enforcement as regulation" strategy targeting the cryptocurrency industry. The new bill was proposed by Representatives Lance Gooden and Josh Gottheimer, aiming to establish a federal cryptocurrency theft task force within the Department of Justice, responsible for coordinating investigations and prosecutions of cases involving cryptocurrency theft, hacking, fraud, and more.The task force's responsibilities include developing best practices for evidence collection, digital evidence analysis, asset tracking, and victim outreach, providing technical assistance and training to state and local law enforcement agencies, and coordinating international cross-border case cooperation. The bill explicitly excludes the cryptocurrency market, financial institutions, and financial products from the task force's regulatory scope, without changing the existing regulatory framework and criminal law. An FBI report indicates that in 2025, there were 181,565 complaints involving cryptocurrency, with reported losses exceeding $11 billion. The bill has not yet clarified details regarding funding, staffing, and victim response mechanisms.

According to Caixin, Standard Chartered's Head of Financial and Strategic Clients for Hong Kong, Greater China, and North Asia, Zeng Jizhi, stated that Standard Chartered is studying the feasibility of establishing its own gold storage in Hong Kong and is considering different site options.If the plan materializes, Hong Kong is expected to become the first market where Standard Chartered Group establishes its own gold storage, and it would be one of the few banks to have its own storage in Hong Kong. Currently, Standard Chartered has already provided physical gold trading and related options financing services to Commercial and Investment Banking (CIB) clients. If the self-established gold storage is established, it could extend services to comprehensive gold trading services, including executing transactions, settlement, and storage.

According to Bloomberg, payment company Nuvei Corporation announced it will acquire Payoneer Global Inc. for approximately $2.75 billion. After the transaction is completed, the two North American payment companies will be integrated, with a combined annual transaction processing volume exceeding $500 billion.Under the agreement, Payoneer shareholders will receive $7.40 in cash per share, a premium of about 10% over its previous trading day's closing price of $6.75. Both parties stated that this merger will strengthen their layout in cross-border payments, merchant acquiring, and global funds settlement networks, further enhancing their competitiveness in the global digital payment infrastructure sector.Payoneer previously disclosed that it has partnered with Citibank to implement blockchain-based fund transfers through Citi Token Services, and will also connect to Bridge to provide its customers with stablecoin transfer and holding services.

According to Bloomberg, citing informed sources, the operating entity of Xiaohongshu, Xiaohongshu Technology Co., Ltd., is preparing to secretly submit its initial public offering application in Hong Kong by the end of June. The report states that the company is advancing potential listing matters with advisors, and this transaction is expected to rank among the large IPOs in Hong Kong in recent years. However, details such as the listing time, fundraising scale, and valuation have not yet been finalized, and discussions are still ongoing.Xiaohongshu was founded in Shanghai in 2013, with investors including Tencent, Alibaba, Sequoia China, Hillhouse Capital, and GGV Capital. In the 2024 financing round, Xiaohongshu's valuation was approximately $17 billion. With business growth, Xiaohongshu's valuation soared to $31 billion in secondary market trading in September 2025, and it predicted to shareholders that the full-year profit for 2025 would reach approximately $3 billion.

The white-haired stock god stated that NVIDIA and Google are advancing the early application of 800V direct current (DC) power architecture, with related small batch shipments expected to start in the third quarter of 2026. It is reported that this technology will first be applied to NVIDIA's Vera Rubin platform and Google's next-generation AI data centers.Due to the acceleration of this process, the power semiconductor and data center infrastructure sectors are expected to receive significant boosts. Currently, the supply chain companies regarded as core beneficiaries include Delta Electronics (2308), Vertiv (VRT), Songchuan Precision (7788), as well as Schneider Electric, Eaton, and Siemens.

The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, stated in a blog that the HKSAR Government will launch the first public consultation for Hong Kong's five-year plan on June 15 next week, lasting for two months. This plan aims not only to enhance economic development momentum and promote better application of technology but also hopes to achieve a more inclusive society, where citizens enjoy more quality job opportunities and a better life."AI+" and "Finance+" are two strategic directions worth exploring in depth. AI is no longer just about the innovation and technology industry itself; it plays a key role in enhancing the competitiveness of various sectors. For finance, it can strengthen data analysis, risk management, and customer service. "Finance+" means making good use of Hong Kong's full chain of fundraising functions, including building a more comprehensive patient capital system to inject development momentum into cutting-edge technology enterprises.

According to The Block, Ethena Labs plans to allocate $250 million to Securitize's Tokenized AAA CLO Fund (STAC), which has been launched on Solana.STAC is issued by Securitize in collaboration with BNY Mellon, investing in dollar-denominated AAA-rated collateralized loan obligations (CLOs), currently managing approximately $102 million, with a 7-day annualized yield of about 2.42% and a management fee of 0.3%.Ethena's move aims to extend the collateral of USDe and USDtb from crypto-native positions to institutional-grade real-world assets, and to collaborate with institutions like Janus Henderson to include its AAA-rated CLO fund JAAA in the USDe reserve portfolio.

According to official news, Metaplanet announced that it has reached an agreement to acquire 100% of the shares of the Japanese licensed first-class securities company Siiibo Securities. The company is one of the pioneers in Japan's online corporate bond market. The transaction is expected to close in July, at which point the company will be renamed Metaplanet Securities.This is Metaplanet's first major acquisition since its establishment and the first substantial implementation of its long-term strategy Project Nova. This strategy aims to build a Bitcoin-centric financial ecosystem in Japan.

Sources say that Nvidia has begun marketing its first standalone Central Processing Unit (CPU) product, Vera, to Chinese customers. This chip is designed for Agentic AI systems and has now entered mass production, marking Nvidia's attempt to further expand its presence in the Chinese market through CPU products.Insiders indicate that some Chinese customers have shown interest in Vera. One large Chinese cloud computing company plans to purchase over 300 servers equipped with dual Vera CPUs for testing and will decide whether to scale up purchases after the testing is completed.Vera is built on the Arm Holdings architecture and is Nvidia's first standalone CPU product. Nvidia previously stated that Vera's performance in AI agent-related computing tasks can reach 1.8 times that of competing products, and it is expected that this product will contribute approximately $20 billion in revenue before the end of the current fiscal year (by the end of January next year).Reports point out that as the focus of the AI industry gradually shifts from model training to inference computing, CPUs and custom chips are gaining more attention. Vera also puts Nvidia in direct competition with Intel and Advanced Micro Devices (AMD), which have long dominated the server CPU market.Insiders have noted that due to strict restrictions imposed by the U.S. on high-end GPU exports, CPUs face relatively fewer regulatory hurdles in the Chinese market compared to GPU products. Currently, some Chinese customers plan to first deploy Vera chips in overseas data centers for testing. Meanwhile, software ecosystem compatibility and the existing domestic AI chip deployment system may still affect the subsequent large-scale adoption of Vera.

Cardano founder Charles Hoskinson stated that he has communicated with Phillip Pon and is planning to create a Discord to facilitate the migration of the Cardano community from X.Charles Hoskinson mentioned that he will continue to livestream on X in the future, but the Q&A session will only accept questions from the new Cardano Discord and the existing Midnight Discord. He stated that this move aims to provide the community with a better-managed and more positive communication space to foster genuine dialogue and drive real progress.

Galaxy Research Director Alex Thorn posted that the U.S. Securities and Exchange Commission (SEC) plans to abolish Rule 611 "Order Protection Rule" and Rule 610(e) in the National Market System Regulation (Reg NMS), which could become an important turning point for the development of tokenized stocks.Thorn pointed out that Rule 611 requires trades to adhere to the best quotes across the entire market (NBBO), while AMMs cannot route orders in real-time, access low-latency market data, or pause trading due to better quotes existing on other exchanges. Therefore, it has long been difficult to meet regulatory requirements, becoming one of the main structural obstacles for tokenized U.S. stocks to land in the DeFi scenario. He stated that if the future replaces the regulatory requirements for trade-by-trade supervision with brokers' "best execution obligations," on-chain liquidity pools and AMM mechanisms will be more easily incorporated into the compliance framework.Although tokenized securities still face issues such as trading venue registration and clearing and settlement, the SEC's subsequent plan to introduce an "innovation exemption" mechanism is expected to further promote related developments. Thorn believes this is an important step for the SEC to implement the "Project Crypto" roadmap, paving the way for innovations in tokenized stocks, AMMs, and on-chain securities trading by removing key market structure barriers.

According to the Wall Street Journal, Citigroup will launch a blockchain platform that allows wealthy and institutional clients to trade tokenized shares of private company equity, initially open only to overseas investors. Citigroup stated that it has negotiated with several large private companies for participation. As star private companies like SpaceX and Anthropic delay their IPOs, Wall Street's demand for private equity allocation is rising. Citigroup previously predicted that by 2030, the market size for tokenized securities could reach approximately $4 trillion, and has already piloted the tokenization of customer deposits for cross-border settlements through Token Services. Recently, it also joined a tokenized deposit network alliance led by JPMorgan, aiming to achieve year-round settlement of large client funds.

According to Nikkei News, SK Hynix plans to triple its wafer production capacity by 2034 to meet the growing demand for memory chips.

The blockchain infrastructure protocol Lava Network has signed a non-binding memorandum with developer BHL Group to design a tokenized regulatory sandbox for the planned residential development project Alba Bay in the Caribbean. The project plans to build over 40,000 residential units, covering nearly 40 million square meters, with a cost of billions of dollars, and is expected to break ground in the first quarter of 2027.Lava claims this is its first real-world asset authorization project. Currently, no units have been tokenized, and no infrastructure has been deployed; BHL is not required to pay any upfront fees to Lava. Lava's role is to support ecological promotion, coordinate the application of crypto-native teams, and participate in the sandbox design, with commercial terms based on usage, no fixed fees, equity, or token grants.According to CoinGecko data, the LAVA token has fallen over 90% from its peak in 2024, with a market capitalization of approximately $9 million. Lava stated that the tokenization structure has not yet been determined, and any tokens will supplement rather than replace existing property registrations; whether the project can advance to the tokenization stage depends on subsequent assessment results.

According to The Information, OpenAI CEO Sam Altman stated that OpenAI is preparing to launch new AI models and plans to go public within the next year.

The European Central Bank (ECB) is expected to announce an interest rate hike on Thursday, marking the first increase since 2023, in response to the energy price shocks triggered by the conflict in the Middle East. The market widely anticipates that the ECB deposit rate will be raised from 2% to 2.25% to curb the inflationary pressures arising from the constrained energy supply due to the tensions in the Strait of Hormuz.Data shows that the eurozone's inflation rate rose to 3.2% in May, significantly above the central bank's policy target of 2%, with rising energy prices being the main driving factor. This policy adjustment occurs against the backdrop of economic growth pressures in the eurozone, where the economy contracted in the first quarter, and some economists warn that interest rate hikes could further drag down growth and consumer confidence.Analysts point out that the Federal Reserve and the Bank of England have not yet synchronized their tightening policies, and the ECB's preemptive action may reflect its greater sensitivity to energy-driven inflation. The market will closely watch President Lagarde's subsequent statements to determine whether a new tightening cycle will be initiated.

According to a report by Nikkei News, Akira Togashi, the president of the Osaka Exchange under the Japan Exchange Group, stated in an interview that they plan to launch Bitcoin futures in 2028 to address the risk hedging needs of institutional investors investing in Bitcoin ETFs. The Financial Services Agency of Japan plans to amend the enforcement order of the Investment Trust Act before 2028 to include crypto assets in the category of "specific assets," allowing asset management companies to establish investment trusts that include cryptocurrencies.