Crypto is moving directly into Wall Street.

Coinbase launches 24/5 stock trading. Kraken lists tokenized equity perps. The exchange–brokerage line is disappearing.

Circle posts $133.4M in quarterly profit as USDC reaches $75.3B — stablecoins are now a core revenue engine.

Macro pressure hits fast: a proposed 15% global tariff triggers $468M in liquidations and sends Fear & Greed to 5.

Meanwhile, BGD Labs exits Aave DAO and insider trading allegations surface at Axiom.

In this episode:

• Coinbase launches 24/5 equities Kraken lists tokenized stock perps

• Circle posts $133.4M net income USDC at $75.3B

• Tokenized Treasuries > $10B $468M liquidated

• Fear Index at 5 BGD Labs exits

• Aave DAO Axiom insider a ...