Reimagining DeFi Liquidity Through Time. Decentralized Finance has largely measured its strength using one metric: Total Value Locked (TVL). Billions of dollars sit inside smart contracts, signaling capital commitment, protocol confidence, and market depth. But TVL has a hidden flaw: it ignores time.

A dollar locked for 5 minutes and a dollar locked for 5 years are treated the same.

This blind spot opens the door to a new primitive in DeFi design: Liquidity Time Preference Markets, also known as Shadow TVL.

The Problem With Traditional TVL

TVL answers one question:
“How much capital is inside a protocol right now?”

But DeFi users behave very differently depending on how long they intend to stay.

Consider three liquidity providers:

Traditional TVL says:

TVL = $3M

But economically, these deposits are not equal. The DAO treasury provides structural stability, while Trader A provides temporary liquidity that could vanish instantly.

This creates the concept of Shadow TVL — a deeper metric that accounts for time-weighted liquidity commitment.

What is Shadow TVL?

Shadow TVL = Liquidity adjusted by time commitment.

Instead of measuring only how much capital is present, Shadow TVL measures:

• How long is liquidity expected to remain

• How stable is the capital base, actually?

• The protocol’s real economic security

Example:

Even though TVL is $3M, Shadow TVL may only equal ~$1.3M in stable liquidity.

This reveals the true durability of a protocol’s liquidity base.

Introducing Liquidity Time Preference Markets

Rather than just measuring time preference, DeFi could trade it directly.

A Liquidity Time Preference Market allows participants to buy and sell liquidity commitment durations.

Participants could trade:

• Short-term liquidity rights

• Long-term liquidity guarantees

• Liquidity futures contracts

Think of it like interest rate markets, but for capital patience.

How It Could Work

Step 1 — Liquidity Commitment Tokens

When depositing liquidity, users mint a token representing their lock duration.

Example tokens:

• LQ-1D → Liquidity locked for 1 day

• LQ-30D → Liquidity locked for 30 days

• LQ-365D → Liquidity locked for 1 year

These tokens represent time-bound liquidity guarantees.

Step 2 — Secondary Markets

These liquidity commitments become tradable assets.

Traders could speculate on:

• Liquidity shortages

• Market volatility

• Protocol stability

Example:

If traders expect high volatility next month, 30-day liquidity tokens become more valuable, because protocols will need deeper liquidity.

Step 3 — Shadow TVL Pricing

Protocols could use market prices of these tokens to compute Shadow TVL in real time.

Instead of:

TVL = $500M

Protocols would show:

Shadow TVL = $500M capital with 87-day average commitment

This creates a liquidity durability index.

Why This Changes DeFi Economics

1. Eliminates “Mercenary Liquidity.”

Yield farmers often chase incentives and exit instantly.

Liquidity Time Markets reward long-term capital commitment, reducing unstable liquidity.

2. New Derivatives Market

Liquidity duration becomes a financial asset.

Examples:

DeFi could develop a yield curve for liquidity similar to government bond markets.

3. Predictable Protocol Stability

Protocols could price risk based on how long liquidity is expected to remain.

A DEX with:

is far more stable than one with $200M TVL but a 2-day commitment.

4. Capital Efficiency

DAOs and funds could optimize treasury deployment by selecting liquidity durations matching their risk profile.

Example:

Liquidity becomes programmable over time.

The Emergence of a Liquidity Yield Curve

Just like traditional finance has a bond yield curve, DeFi could develop a Liquidity Commitment Curve.

Example market rates:

This curve reflects market demand for liquidity stability.

During volatile markets, long-duration liquidity becomes extremely valuable.

Potential Use Cases

Stablecoin Defense

Stablecoin protocols could require a minimum liquidity duration for collateral pools.

This prevents bank-run style liquidity collapses.

MEV Protection

Validators and builders could secure blockspace liquidity guarantees, ensuring deep order books even during congestion.

DeFi Credit Markets

Lenders could issue loans backed by liquidity commitment tokens, turning liquidity guarantees into collateral.

Risks and Challenges

Despite its promise, Liquidity Time Preference Markets introduce new complexities:

Smart Contract Risk

Liquidity locks and tokenization increase protocol complexity.

Liquidity Fragmentation

Too many duration tokens could fragment capital across markets.

Speculation Loops

Traders might speculate heavily on liquidity scarcity.

However, these risks are similar to those seen in early interest rate derivatives markets in traditional finance.

Why This Idea Matters

DeFi’s biggest weakness is unstable liquidity.

TVL numbers can look impressive, but capital can disappear instantly.

Shadow TVL introduces a missing dimension: time.

Instead of measuring how much liquidity exists, DeFi could measure:

How committed is that liquidity actually?

Liquidity Time Preference Markets turn patience into a tradable financial primitive.

And once time becomes a market…

DeFi doesn’t just have liquidity.

It has predictable liquidity stability.

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[PRESS RELEASE – LODZ, Poland, March 5th, 2026]

BTCC, the world’s longest-serving cryptocurrency exchange, today announced that its recently launched TradFi product has surpassed $200 million in cumulative trading volume since going live on February 10, 2026. To celebrate this milestone, BTCC is introducing a zero-fee trading campaign for the XAU and XAG pairs, where participants can earn up to 10 grams of gold through a tiered volume bonus program.

The $200 million milestone demonstrates strong demand for traditional market access among crypto traders. BTCC TradFi, launched in February 2026, enables users to trade traditional financial instruments, including forex, commodities, indices, and equities, directly on the BTCC platform using USDT as margin and settlement currency. TradFi aims to remove barriers for crypto traders to gain exposure to the global traditional financial markets.

Running from March 5 to March 19, 2026, the zero-fee campaign waives all trading fees on XAU and XAG pairs. Alongside the 0-fee promotion, users can also participate in a tiered bonus program based on the total TradFi trading volume during the campaign. Participants can earn up to 10g of gold by reaching the milestone of 5,000,000 USDT in cumulative trading volume across all TradFi pairs.

Precious metals have been among the most actively traded asset classes on BTCC’s platform. In 2025, tokenized gold on BTCC recorded $5.72 billion in trading volume, with Q4 volume surging 809% over Q1, underscoring sustained user interest in precious metals. This momentum sets the stage for the zero-fee campaign on XAU and XAG, giving both new and existing users a cost-free entry point into one of the platform’s most in-demand markets.

For traders seeking traditional market exposure without leaving the crypto ecosystem, BTCC TradFi offers a seamless platform that bridges cryptocurrency and traditional assets. The zero-fee campaign is an opportunity to explore gold and silver trading at zero trading cost on the BTCC platform. For campaign details and eligibility requirements, users may visit BTCC’s 0-fee campaign page.

About BTCC

Founded in 2011, BTCC is a leading global cryptocurrency exchange serving over 11 million users across 100+ countries. Partnered with 2023 Defensive Player of the Year and 2x NBA All-Star Jaren Jackson Jr. as global brand ambassador, BTCC delivers secure, accessible crypto trading services with an unmatched user experience.

Official website: https://www.btcc.com/en-US

X: https://x.com/BTCCexchange

TLDR:

• xChange is the first unified execution layer trading over 70 tokenized stocks across Ethereum and Solana onchain.
  
• Every xStock is backed 1:1 by underlying shares in custody, ensuring real equity exposure on the blockchain.
  
• Atomic settlement guarantees trades execute fully at the quoted price or not at all, eliminating partial fills.
  
• xStocks has surpassed $3.5 billion in onchain volume and 80,000 unique holders since launching in June 2025.

xChange, the new unified execution layer from xStocks, is now live on Ethereum and Solana. The platform enables trading of more than 70 tokenized stocks directly onchain.

Pricing is anchored to real-world public market data, while atomic settlement ensures each trade completes fully or not at all.

Since its June 2025 launch, xStocks has recorded over $3.5 billion in onchain transaction volume, marking rapid adoption of tokenized equities.

How xChange Bridges Traditional Markets and DeFi

xChange connects traditional market depth with decentralized finance infrastructure in one unified system. The platform does not rely on third-party intermediaries to process trades.

Instead, it executes transactions directly onchain across both Ethereum and Solana. This setup preserves the transparency and composability that DeFi participants expect.

Each xStock is fully collateralized and backed 1:1 by underlying shares held in custody. This structure means every onchain transaction reflects genuine equity exposure.

Atomic settlement removes the risk of partial fills entirely from the process. Trades either execute in full at the quoted price or do not go through.

Kraken announced the launch through its official X account, describing it as “the first unified execution layer for tokenized equities.” The exchange added that xChange delivers “TradFi liquidity. DeFi infrastructure. Always on.”

The platform operates 24/5, extending equity trading well beyond standard exchange hours. As a result, tokenized stocks function as always-on, programmable financial assets.

Val Gui, General Manager of xStocks, described the platform’s purpose directly. “xChange is about redefining how equities trade in a digital-first world,” Gui stated.

He added that it “brings real-world market liquidity onchain and turns tokenized stocks into fully programmable, always-on assets.” Gui noted these assets are built to “power the next generation of global financial applications.”

xStocks Records Strong Growth Metrics Since June 2025

Since launching in June 2025, xStocks has surpassed $3.5 billion in total onchain transaction volume. The platform has also crossed $25 billion in total trading volume across exchanges.

These figures reflect growing demand for tokenized equities among DeFi users and traditional finance participants. The pace of growth points to measurable market adoption across both audiences.

Over $225 million in tokenized assets are currently held onchain. More than 80,000 unique onchain holders have participated in the broader ecosystem.

Tokenized equities are gaining traction as a distinct and recognized asset class. Adoption has continued expanding across multiple chains, platforms, and applications.

xChange builds on this momentum by introducing a unified execution layer across networks. The platform connects liquidity across Ethereum and Solana while tying pricing to traditional equity markets.

This connection supports tighter spreads and improved execution quality throughout the system. Onchain settlement and transferability remain fully intact at every step.

Rather than replacing existing DeFi liquidity models, xChange functions as an added layer. It improves price alignment and execution reliability across the broader ecosystem.

The outcome is a hybrid model that combines real-world equity market depth with blockchain-based trading infrastructure. xChange positions tokenized stocks as a functional bridge connecting two distinct financial worlds.

Unleveraged buyers and ETF inflows pushed Bitcoin higher even as geopolitical uncertainty rattled global markets.

Bitcoin’s spot market demand strengthened over the weekend as rising war tensions unsettled global financial markets. The increase in spot buying helped stabilize prices after recent declines and kept BTC relatively firm during the broader market pullback.

Market data shows that this support is coming mainly from unleveraged buyers rather than derivatives activity. Analysts say the shift reduces downside risk in the near term, even as geopolitical and macroeconomic pressures persist.

Spot Buyers Step In as Bitcoin Climbs the Wall of Worry

A recent report from Bitfinex noted that spot buyers have actively supported Bitcoin since March 1. These buyers accumulated about $3.5 billion through steady purchases, mainly during late Asian and U.S. trading hours.

This wave of demand pushed BTC back above $65,000 and marked what analysts describe as a “wall of worry” phase. In it, prices climb even as uncertainty and external risks dominate market sentiment.

Meanwhile, derivatives data shows open interest moving in line with spot volumes at a balanced 1:1 ratio. The pattern suggests the rally is driven by genuine accumulation rather than leveraged trades or short-term speculation.

Further support came from the Coinbase Premium Index, which turned positive after a prolonged negative streak. The index has maintained a modest premium, signaling continued demand from U.S. market participants.

Additionally, the defense of the $60,000 support level has reinforced Bitcoin’s transition into an expansion phase. Market participation has increased, and perpetual funding rates remain moderate and well below overheated levels, indicating a balanced and sustainable environment.

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ETF Inflows Reinforce Bitcoin’s Market Recovery

Notably, U.S. spot Bitcoin exchange-traded funds contributed significantly to the shift by reversing earlier outflows. 

According to Bitfinex, strong inflows last week helped absorb selling pressure from miners and long-term holders. For context, March 4 saw $461.9 million in net flows, and week-to-date figures through March 5 have already exceeded $1.14 billion.

These inflows have reinforced key technical levels. Bitfinex highlights $77,400 as a major resistance area and $54,100 as core support based on historical cycles. They also note Bitcoin’s correlation with Nasdaq and geopolitical risks tied to the Strait of Hormuz, which could influence near-term volatility.

TLDR

• SOL Strategies stock rose 20.97% to $1.50 after the company released its February business update.
• The STKESOL liquid staking platform surpassed 691,000 SOL staked within weeks of launch.
• The platform attracted 1,034 holders shortly after its rollout.
• The validator network expanded to 33,568 unique wallets in February.
• Total assets under delegation reached 3.87 million SOL, including treasury and third-party stakes.

SOL Strategies stock climbed 20.97% to $1.50 on Nasdaq after a strong February update. The company reported rapid growth in staking operations and liquid staking adoption. The update showed rising validator activity and expanding assets under delegation.

SOL Strategies Stock Jumps as Liquid Staking Gains Traction

The company said its STKESOL liquid staking platform surpassed 691,000 SOL staked within weeks of launch. It also confirmed that 1,034 holders joined the platform during the initial rollout. The figures came from its February business update, which highlighted expanding validator activity and rising delegated assets.

SOL Strategies stated that its validator network reached 33,568 unique wallets in February. That figure increased from about 31,000 wallets at the start of the month. The company said STKESOL growth supported higher validator participation and stronger network engagement.

The firm reported total assets under delegation of 3.87 million SOL in February. This total included treasury holdings and tokens delegated by third parties. Proprietary validators generated about 1,276 SOL in rewards during the month.

The company confirmed that users, delegated assets, and staking rewards all increased during February. These metrics reflect performance across validator and staking services. The company linked this expansion directly to the rollout of liquid staking services.

SOL Strategies said liquid staking allows users to earn rewards while keeping tokens liquid. It issues tokenized staking positions that users can trade or deploy elsewhere. The company described this product as an added revenue channel beyond validator services.

Revenue Growth Expands Across Staking Operations

Interim CEO Michael Hubbard said the company continues scaling infrastructure despite crypto market volatility. He stated, “The staking platform now has four revenue streams running simultaneously.” These include treasury staking, third-party delegated staking, liquid staking, and institutional staking services.

Hubbard confirmed partnerships form part of the institutional staking strategy. He cited a partnership with global asset manager VanEck as an example. The company reported that quarterly results rose 69% year on year.

Staking and validator rewards totaled 9,787 SOL during the quarter. This figure marked a 120% increase from the same quarter last year. The company linked this rise to expanded Solana-focused infrastructure operations.

SOL Strategies also reported growth in its Solana portfolio holdings. The portfolio increased to about 529,000 SOL from 139,726 previously recorded. The company attributed the rise to balance sheet growth and higher Solana exposure.

The February update included governance changes before the annual shareholder meeting on March 31. The company confirmed that Michael Hubbard will transition from interim to permanent CEO. SOL Strategies previously operated as Cypherpunk Holdings before rebranding in September 2024.

The company acquired SOL during the second quarter of 2024. It later rebranded to reflect its focus on Solana validators and staking services. SOL Strategies stock has declined 75.81% over the past six months despite the recent 21% rise.

• OKX token OKB jumped more than 50% to highs of $124 after a major announcement.
• NYSE parent company has invested in OKX at a $25 billion valuation.
• ICE’s move signals a strategic pivot toward tokenized securities and derivatives trading.

OKB, the native token of OKX, surged past the $100 mark following news of a major investment from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE).

The token jumped from around $77.65 to a high of about $124 before giving back part of the gains.

The move came as the broader cryptocurrency market moved higher after a difficult start to the month.

ICE invests in OKX at $25 billion valuation

An announcement on March 5, 2026, said Intercontinental Exchange (ICE), the parent of the New York Stock Exchange, has taken a minority stake in OKX, valuing the crypto exchange at $25 billion.

The investment marks a notable endorsement of OKX by one of the world’s largest financial infrastructure providers. As part of the deal, ICE will take a seat on the company’s board and plans to support closer integration between traditional financial markets and digital assets.

The partnership will also see OKX provide ICE with live cryptocurrency price feeds. In addition, the exchange plans to list tokenized versions of NYSE-listed stocks and derivatives, making them available to its more than 120 million users.

The investment in OKX adds to ICE’s growing portfolio of digital asset initiatives as the company expands its strategy around blockchain and tokenized markets.

Earlier, ICE made a $2 billion investment in Polymarket at a $9 billion valuation and has also developed its own blockchain-based trading infrastructure.

Star Xu, founder and CEO of OKX, said in a statement:

“ICE has built and operated some of the most important financial infrastructure in the world, including the New York Stock Exchange and global derivatives and clearing platforms. Their decision to invest in OKX, and join our board, reflects a shared belief that digital asset technology will play an enduring role in the future of financial markets.”

​OKB price outlook

OKB’s explosive rally reflects market enthusiasm for OKX’s enhanced legitimacy and growth potential.

The token’s daily trading volume surged by more than 1,600% to over $421 million as prices rose past $100.

The token’s price movement after the announcement helped bulls hit intraday highs last seen in December 2025.

As OKX’s utility token, OKB benefits from platform fees, staking rewards, and now tokenized TradFi products.

These avenues, likely to see further adoption impetus among institutional investors, could help bulls.

However, as the chart above shows, profit-taking has already pushed OKB to the key $100 level.

If the pullback from the intraday peak continues, immediate support lies at the $91 and the $80 levels.

Harvard Management Company and Abu Dhabi’s Mubadala sovereign wealth fund have both adopted crypto exchange traded products according to Grayscale’s latest institutional report, and when the world’s richest university endowment and one of the Middle East’s largest sovereign funds both move into digital assets at the same time, it tells you the institutional wave is no longer a prediction, it is a fact.

The best crypto to buy now is the presale positioned to capture what follows before the listing reprices everything permanently.

Harvard and Abu Dhabi’s Mubadala Sovereign Fund Both Adopt Crypto ETPs

CoinDesk reported Grayscale’s 2026 outlook confirms Harvard Management Company and Mubadala have both adopted crypto exchange traded products, while CoinGlass data shows institutional positioning building across derivatives as pension funds and wealth managers complete their due diligence on digital assets.

When the smartest institutional money on the planet starts allocating, the best crypto to buy now is the one that gives retail traders the same infrastructure those institutions use, and Pepeto with $7.5M raised and a full exchange in development is exactly where that advantage lives.

What Is the Best Crypto to Buy Now as Institutions Flood Into Digital Assets?

Pepeto The Next 100x: The Exchange That Neutralizes the Institutional Advantage

The entry of sovereign wealth funds and university endowments into crypto highlights a critical reality: retail traders risk being outmaneuvered by institutions armed with superior data and limitless resources. Pepeto directly neutralizes this threat, which is exactly why investors call it the best crypto to buy now.

The exchange makes professional grade infrastructure available to every trader, providing the same cross chain bridging, zero fee execution, and risk scoring power that institutional desks access through expensive proprietary platforms. In simple terms, it puts every trader on the same playing field by connecting Ethereum, BNB Chain, and Solana into one liquidity layer where bridging, trading, risk scoring, and portfolio management all sit inside one interface.

The latest development milestone shows the exchange architecture is completely in development and functional, with a SolidProof audit backing every contract and a clean interface designed so both beginners and experienced traders can use it without friction.

The cofounder of the Pepe ecosystem who built a token to $7 billion leads the team, and with over $7.5M raised, the community is not just speculating, they are staking their conviction. More than 209% APY staking rewards are compounding daily, with a $10,000 position earning roughly $20,900 in yearly staking rewards, about $1,741 per month flowing into your wallet while the listing approaches and everyone else watches from the sidelines.

There is also growing confidence that Pepeto could list on major exchanges at $0.000000186, and the gap between presale pricing and listing valuation narrows every single day.

DeepSnitch AI Offers Analytics Without Exchange Scale

DeepSnitch AI positions itself as an AI powered intelligence platform with five agents for contract auditing and sentiment analysis, having raised roughly $1.8M. But the value depends on a narrow analytics niche with no exchange, no cross chain bridge, and no zero fee trading engine.

When Harvard and sovereign funds start flooding crypto with capital, traders need a platform to execute on, not just a dashboard to analyze, and the best crypto to buy now is Pepeto with the exchange infrastructure to capture that volume.

Cardano Recovers From $0.27 as Network Milestones Add Confidence

ADA is bouncing from $0.27 and attempting to reclaim $0.30 as AI price models and network milestones add confidence to the recovery thesis. But even the bullish $0.40 target is barely a 2x from current levels, and at $10 billion market cap, ADA needs sustained buying pressure for months.

The best crypto to buy now for the kind of returns that institutions are positioning for is the presale with exchange utility at a price that reprices the moment the listing arrives.

The Bottom Line

Harvard and Abu Dhabi’s sovereign fund are both in crypto now, and every time in this market’s history that the smartest institutional money moved in, the people who were already positioned before them made the kind of returns that changed everything about their financial future.

And Pepeto is that opportunity of 2026. The presale allocations are filling faster each week, the media has not even begun to cover what this exchange does, and every hour you hesitate is compounding profit flowing into wallets of people who already committed.

Visit the Pepeto official website and enter the presale before the institutional wave hits and this entry becomes the one you talk about with either pride or regret for the rest of the cycle.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What is the best crypto to buy now?

The best crypto to buy now is Pepeto with exchange infrastructure in development. Visit the Pepeto official website.

Why does Harvard adopting crypto matter?

Harvard and Mubadala adopting crypto ETPs confirms institutional capital is arriving at scale, and the best crypto to buy now captures that wave before the listing reprices everything.

How does Pepeto compare to DeepSnitch AI?

Pepeto builds a complete exchange with bridging, zero fee trading, and risk scoring, while DeepSnitch AI offers analytics tools without any future adoption.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Online gambling attracts entrants from unexpected directions. Sports merchandise empires and cryptocurrency startups both see paths forward.

Fanatics transformed sports retail dominance into gambling ambition. ZunaBet launched in 2026 with blockchain assumptions built into everything.

Two newer platforms. Two completely different visions.

The Fanatics Story

Fanatics became synonymous with sports merchandise. Licensed jerseys, collectibles, and fan gear built a retail empire.

Gambling seemed natural next. Existing sports customers already cared about games and outcomes.

Fanatics Sportsbook and Casino entered regulated American markets. State licensing determines where players access services.

The game library continues growing. Newer market entry means ongoing development.

Banking handles all transactions. Cards, transfers, e-wallets process through traditional financial systems.

Withdrawal timing follows standard patterns. Several business days covers most situations.

Welcome bonuses stay competitive. Deposit matches and credits attract new accounts.

FanCash connects gambling to merchandise. Rewards convert to spending money at Fanatics retail.

The ZunaBet Story

ZunaBet materialized in 2026 from different origins. Strathvale Group Ltd built specifically for cryptocurrency players.

Team experience exceeds 20 years combined. Anjouan licensing provides regulatory framework.

Game volume hit 11,000+ titles immediately. Sixty-three providers created instant depth.

Provider names include Pragmatic Play, Evolution, Hacksaw Gaming, Yggdrasil, BGaming. Recognized quality throughout.

Twenty-plus cryptocurrencies work natively. BTC, ETH, USDT, SOL, DOGE, ADA, XRP among options.

Platform fees remain zero. Withdrawal speed exceeds banking capability.

Full sportsbook runs alongside casino. Sports, esports, virtual events all active.

Breaking Down Bonuses

Fanatics competes within regulated frameworks. Welcome packages include deposit matches.

State and timing affect specifics. Checking current offers reveals details.

ZunaBet reaches $5,000 plus 75 free spins maximum. Three deposits capture everything.

First deposit gets 100% to $2,000 plus 25 spins. Second gets 50% to $1,500 plus 25 spins.

Third gets 100% to $1,500 plus 25 spins. Completion requires commitment.

Multi-deposit structure sustains engagement. Single offers often end quickly.

Terms apply everywhere. Reading conditions matters.

Contrasting Loyalty Models

Fanatics invented FanCash linking gambling and shopping. Points become merchandise spending power.

Jersey buyers and memorabilia collectors benefit naturally. Shopping rewards and gambling unite.

Players without merchandise interest gain less. Value requires retail participation.

ZunaBet engineered dragon evolution instead. Six tiers deliver increasing rakeback.

Squire begins at 1%. Warden provides 2%, Champion provides 4%.

Divine reaches 5%. Knight reaches 10%.

Ultimate peaks at 20% rakeback. Consistent play generates consistent returns.

Free spins climb to 1,000 through progression. VIP perks supplement core rewards.

Dragon mascot Zuno visualizes advancement. Progression feels like achievement.

Rakeback equals direct money. Merchandise credits require shopping.

Payment System Divide

Fanatics depends on banking entirely. Financial institutions process everything.

Cards deposit fast. Withdrawals queue behind processing.

Business hours govern timing. Weekends pause activity.

Bank statements show gambling clearly. Visibility may concern some.

ZunaBet operates outside banking. Wallets connect without intermediaries.

No bank involvement means no bank timing. Crypto speed governs.

Twenty-plus coins accepted. Multi-chain support included.

Platform fees nonexistent. Network fees only.

Privacy comes standard. Bank records untouched.

Game Selection Gap

Fanatics libraries continue development. Recent entry limits current scale.

State rules add complexity. Geographic availability varies.

Categories receive adequate attention. Slots, tables, live dealer present.

ZunaBet’s 63 providers create abundance. Eleven thousand games exist now.

Independent studios join major names. Unique titles appear.

Slots lead numerically. Tables and live complete offerings.

Evolution powers live dealing. Pragmatic powers slot volume.

Exploration takes dedication. The scale demands it.

Sports Betting Scope

Fanatics Sportsbook reflects retail DNA. American sports merchandise drives focus.

NFL, NBA, MLB, NHL dominate coverage. College sports supplement.

Brand alignment shapes priorities. Betting follows merchandising.

ZunaBet thinks globally. International coverage equals domestic.

World football alongside American leagues. Tennis, basketball, combat sports featured.

Esports goes deeper. CS2, Dota 2, League of Legends, Valorant active.

Virtual sports constant. No gaps between events.

Both unify casino and sportsbook. Single accounts serve both.

Using Each Platform

Fanatics apps cover iOS and Android. Browsers serve desktop.

Corporate sports design guides aesthetics. Functionality reliable.

ZunaBet spans iOS, Android, Windows, MacOS. Apps exceed browsers.

Dark themes look current. HTML5 speeds loading.

24/7 chat support available. Help exists constantly.

Mobile works both places. Transitions smooth.

Matching Players to Platforms

Fanatics attracts sports merchandise devotees. FanCash shoppers maximize value.

Banking users stay comfortable. Familiar methods continue.

Sports-centric bettors find brand alignment. Collecting and gambling connect.

ZunaBet attracts cryptocurrency holders. Coins integrate directly.

Bonus seekers find higher numbers. The $5,000 package leads.

Rakeback calculators should engage. Twenty percent compounds meaningfully.

Privacy seekers benefit structurally. Banks stay uninvolved.

Variety seekers discover abundance. Eleven thousand games await.

Industry Positioning

Fanatics leverages customer base enormously. Millions of retail customers exist.

Development follows compliance requirements. Growth proceeds steadily.

ZunaBet caught rising cryptocurrency waves. The 2026 timing worked.

Younger demographics own crypto. Native platforms feel right.

Dragon loyalty challenges merchandise models. Cash beats shopping credits.

Massive libraries attract curious players. Limited selection constrains.

Innovation energy flows toward crypto. Traditional builds incrementally.

Projecting Forward

Fanatics will expand gambling steadily. Resources and customers ensure continuation.

The retail connection differentiates uniquely. Jerseys plus jackpots works.

ZunaBet represents acceleration elsewhere. Crypto-first matches emerging preferences.

Eleven thousand games provides immediate depth. Twenty percent rakeback provides immediate value.

Neither suits everyone perfectly. Background determines appropriateness.

Merchandise lovers find Fanatics logical. Crypto holders find ZunaBet logical.

One merges shopping and gambling. One merges crypto and gambling.

Both newer brands compete differently. Both target different futures.

Fanatics bets on sports retail loyalty. ZunaBet bets on cryptocurrency adoption.

Current trends favor crypto trajectories. Younger players normalize it.

ZunaBet positioned accordingly. Game volume, bonus size, rakeback transparency align with generational shifts.

The question of competition resolves situationally. Different players answer differently.

For cryptocurrency believers seeking excitement, ZunaBet delivers more. Innovation and player value concentrate there.

For merchandise collectors seeking integration, Fanatics delivers more. Retail connection creates unique appeal.

Both can succeed serving different audiences. The market accommodates multiple approaches.

But momentum tells a story. Crypto-native platforms attract energy and attention.

ZunaBet exemplifies that momentum. A newer brand can absolutely compete.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

In today’s newsletter, Nick Ducoff, head of institutional growth at the Solana Foundation, draws a parallel between tokenization’s ability to democratize investment access and how the Internet facilitated access to banking over fifteen years ago.

Then, in Ask an Expert, the CoinDesk Research Team answers questions about stablecoin and tokenization trends from their February 2026 Stablecoins & Tokenization Assets Report. Read the full report here.

– Sarah Morton

Internet capital markets: from the “unbrokeraged” to the universally invested

Fifteen years ago, over 60 million Americans were “unbanked,” shut out of basic financial services because traditional banks found them unprofitable. Then Chime, Revolut, and other fintech pioneers brought banking to smartphones, eliminating legacy barriers like minimum balances and penalty fees. Today, we face an even larger exclusion problem: billions of people are effectively “unbrokeraged,” with no access to capital markets and the investing opportunities to build generational wealth.

Enter Internet Capital Markets: global, always-on infrastructure where assets are born digital, traded mobile-first and available to anyone with a smartphone 24/7. With blockchain technology, Internet Capital Markets are poised to do for investing what fintech did for banking. And the opportunity is immense.

The scale of financial exclusion

The “unbrokeraged” encompasses two distinct but overlapping populations: those who lack brokerage accounts entirely, and international investors who can’t efficiently access high-quality U.S. dollar-denominated assets. Consider Pakistan, where, according to Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) and CEO of the Pakistan Crypto Council, only 300,000 people hold brokerage accounts while 40 million have cryptocurrency wallets. The infrastructure exists, but financial products remain overwhelmingly inaccessible.

Even when access to U.S. markets exists through local brokers, international investors often pay significant premiums, to mention nothing of the large minimums and investor accreditation that the private markets require. These aren’t products accessible for the global middle class — they are built to serve the already-wealthy.

Tokenization expands the playing field

Blockchain tokenization transforms these dynamics by enabling fractional ownership, eliminating intermediary costs and operating 24/7 with instant settlement. The result: dramatically lower minimums and global accessibility. Consider Hamilton Lane, a leading alternative asset manager. Through Republic Crypto, investors can now access Hamilton Lane private market exposure for as little as $500. That’s a thousand-fold reduction in the entry barrier compared to traditional private fund minimums, and a signal of how internet-native market infrastructure can finally make fractional access more readily available.

The recent BitGo IPO also shows tokenization’s democratizing potential. When BitGo went public on the New York Stock Exchange, tokenized representation of BitGo stock was simultaneously tradable on Solana, allowing anyone globally with a Solana wallet to purchase BitGo stock immediately. This evolution toward real-time, global accessibility is now being validated by the world’s largest asset managers: BlackRock and Franklin Templeton have launched tokenized money market funds on public blockchains, allowing for 24/7 liquidity and transparency.

Why this infrastructure matters

Tokenization expands access rather than competing with traditional markets. The blockchain operates continuously, enabling investors in Jakarta, São Paulo, or Lagos to buy assets the moment they become available, not when their local markets open. Settlement happens instantly against stablecoins, eliminating the multi-day clearing processes and currency conversion fees that hinder retail investors outside of the U.S.

Speed and cost matter. High-performance blockchains like Solana, along with Layer 2 scaling solutions on Ethereum, can process thousands of transactions per second for fractions of a penny, making the economics of fractional ownership actually work. This is the foundation of “universal basic ownership,” where anyone with a phone can now have a stake in the global economy’s growth, even across asset classes like pre-IPO stocks and private credit, once strictly gatekept to institutions and the ultra-wealthy.

The advisor’s edge: strategy and accessibility

For financial advisors, this transition represents a strategic exposure play. Accessibility is now streamlined through regulated vehicles like spot Solana ETFs (e.g., SOEZ, QSOL, BSOL) and European ETPs, alongside user-friendly digital custody tools such as Phantom or Ledger wallets. Now, advisors can utilize sub-cent transaction costs to offer sophisticated, fractionalized portfolios to a much broader client base. This infrastructure lowers the “cost to serve,” making institutional-grade diversification available to the middle-class “mom and pop” investors through their financial advisers.

From unbrokeraged to universally invested

The fintech wave of the 2010s proved that financial exclusion is a design problem. Tokenization represents the next chapter in this story. A software developer in South Korea shouldn’t face barriers to investing in U.S. equities or accessing private credit returns. A small business owner in Argentina shouldn’t pay premium prices for the same stocks available cheaply to American investors. Sophisticated investment strategies shouldn’t remain exclusively in wealth management channels serving the top 1%.

The technology rails have been built, and regulatory pathways are becoming clearer. What remains is scaling this infrastructure and ensuring it serves its highest purpose of extending wealth-building opportunities to the billions currently locked out. While the work of banking the unbanked is far from done, it offers a blueprint for what we’re about to see: transforming the unbrokeraged into the universally invested.

– Nick Ducoff, head of institutional growth, Solana Foundation

Ask an Expert

Q: What are stablecoins and why are they important?

Stablecoins are a type of digital currency designed to maintain a stable value. This is usually achieved by “pegging” the stablecoin to a traditional asset, such as the U.S. dollar. Unlike other cryptocurrencies, such as bitcoin or ether, which may experience wide fluctuations in price, stablecoins are designed to allow users to hold or trade digital assets without exposure to price swings. Other use cases of stablecoins include serving as primary trading pairs, cross-border payments, decentralized finance (DeFi) lending and borrowing, and inflation hedging. The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act), enacted in July 2025, creates a comprehensive federal regulatory framework for U.S. dollar-backed payment stablecoins.

Q: What is the current stablecoin landscape?

After rising for twenty-five consecutive months, the growth of the total stablecoin market capitalization has slowed over the past four months, though it continues to hover near its all-time high of $310 billion. CoinDesk’s latest research report indicates that as digital asset prices generally trend lower, the market dominance of stablecoins has surged. In February, Stablecoin market dominance surged to 13.3% (up from 11.2% in January), driven by the decline in price action of digital assets. Tether’s USDT continues to lead the sector with a 59.1% market share, while Circle’s USDC ranks second with 24.6%.

Q: What is the current traction for tokenized assets, and how quickly is the market for tokenized real-world assets growing?

Tokenized real-world assets are continuing to gain meaningful traction in global financial markets, with the total tokenized market capitalization reaching a new all-time high of $23.4 billion by the end of February. This represents a 22.9% month-over-month increase from $19 billion in January, underscoring the accelerating pace of adoption across multiple asset classes. Much of this growth has been driven by tokenized Treasuries, which expanded 15.1% to $10.5 billion and now account for roughly 45% of the entire tokenized market. Meanwhile, tokenized commodities have emerged as a major secondary growth engine, surging 27% to $6.6 billion and representing 28.4% of the market. Other segments are also steadily developing. The Stocks & ETFs sector reached $804.7 million by late February, marking a 3.1% monthly increase and maintaining a 3.4% share of the overall tokenized ecosystem.

– Jacob Joseph, Specialist, Research, CoinDesk

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