Tokenized stock activity surged over the past 30 days, with monthly transfer volume climbing more than 415% to $29.5 billion, according to data from RWA.xyz.

Monthly active addresses rose more than 209% to around 1.3 million, while the number of tokenized stock holders climbed 167% to 2.36 million over the same period. The total value of tokenized stocks distributed onchain also rose 1.45% over the past 30 days to $2.54 billion, up roughly 637% from $344 million a year ago.

Tokenized stock activity accelerated in August. Source: RWA.xyz

Securitize Corp. was the largest individual tokenized stock tracked by RWA.xyz at about $163 million, followed by Strategy PP Variable xStock at $136 million and an Ondo-tokenized version of Circle Internet Group at $109 million.

By platform, Ondo led with $842.8 million in distributed value, followed by Kraken’s xStocks at $609.3 million and Binance’s bStocks at $599.9 million. Together, the three accounted for roughly 81% of the market.

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Related: Arcus launches tokenized perp positions on Robinhood Chain

Tokenized equities move deeper into crypto platforms

The surge in activity comes as crypto platforms introduce new ways for investors to trade, hold and use tokenized equities onchain.

On Aug. 24, Coinbase’s tokenized US stocks went live on Base, allowing eligible non-US users to trade the assets around the clock and use them across decentralized finance applications. The B20 tokens include companies such as Nvidia, Apple, Meta and Alphabet and can be held in self-custody wallets.

Source: Base

A day later, Bitwise launched automated portfolios built from Coinbase’s tokenized stocks, allowing eligible non-US investors to follow preset strategies while keeping the underlying assets in their own wallets. The initial portfolios target the “Magnificent Seven,” robotics and artificial intelligence sectors.

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Other platforms have also expanded how tokenized stocks can be used. In July, Bybit added tokenized shares of Nvidia, Apple, Tesla and other US companies as collateral for margin loans, while Robinhood-backed DEX Arcus launched more than 95 stock tokens and perpetual markets on Robinhood Chain.

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Nvidia (NVDA) jumped 8.74% on August 27 after a record quarter. Fundstrat’s Tom Lee says the chipmaker almost never rises on good earnings.

Lee calls the reaction proof that the market is healthy. However, the gains only lasted one day, and Nvidia fell 4.57% on Friday to $217.55.

A Pattern Nvidia Rarely Breaks

Nvidia has beaten Wall Street estimates for years. The stock still fell after each of its last four reports. It went into this one cold, and shares slid seven sessions in a row from August 14 to August 24, dropping from $225.30 to $208.48.

Then the numbers landed, and Nvidia’s post-earnings reversal carried the stock to $227.98, adding roughly $440 billion in market value in one day.

The quarter was not close. Revenue hit $96.2 billion, up 106% from a year ago. Nvidia guided the current quarter to $108 billion.

Why the Rest of the AI Trade Lagged

Lee thinks it was a funding problem. Investors who owned too little Nvidia had to sell something else to buy it.

Software went the other way, with Salesforce climbing 22.58% on its own results, and effectively becoming one of several stocks that outgained Nvidia that day.

Lee also pointed at the price-to-earnings (PE) ratio. Nvidia trades at 27.5 times past earnings, but only 18 times expected earnings. Estimates are climbing faster than the stock.

“The thing that stands out is Nvidia’s multiple is still very low. So, they’ve got these huge revisions. The stock hasn’t kept up. Now the PE keeps contracting,” Tom Lee, Fundstrat managing partner and head of research, speaking on CNBC.

However, not everyone is convinced. Jay Goldberg of Seaport Research Partners holds the only sell rating on the stock. He argues the sold-out supply constraint caps the upside, because Nvidia cannot ship chips it has already promised.

Lee flagged one more risk. Opposition to new data centers is turning into an election issue, and some Republican governors now back a pause.

The pattern broke on Thursday. By Friday it had closed again, with about $250 billion of the gain gone.

The post Tom Lee Says Nvidia Just Broke Wall Street's Most Unusual Pattern appeared first on BeInCrypto.

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A new survey suggests some of bitcoin’s most familiar sales pitches of changing the world may be poorly suited to a majority of prospective buyers.

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Ripple’s cross-border token staged one of the most impressive recoveries in the past 10-12 days, surging from just under $1.00 to a multi-month peak at $1.70.

However, this major rally was halted, and the momentum has faded, with the asset currently struggling to remain at $1.40, which represents a 20% pullback from last Saturday’s top. The landscape worsened on Friday after the hawkish speech by Fed Chair Kevin Warsh at Jackson Hole.

Major Test Approaches

Popular analyst Ali Martinez has been tracking the major change in XRP’s underlying activity throughout the latest move. As previously reported, active addresses on the XRP Ledger skyrocketed by over 650% at one point, jumping from 47,180 to more than 356,000. At the same time, whales went on an impressive accumulation spree, acquiring over 300 million tokens in only 96 hours.

What matters most now is whether that demand can prevent the latest pullback from developing into something considerably worse. The technical structure has weakened since the rejection at $1.70, and the token is struggling at $1.40. According to Martinez, this means that the asset failed to hold above the 50-week exponential moving average at $1.54.

This has turned attention toward the $1.35-$1.38 region as the next important support zone, which is currently being tested. The analyst said that roughly 3.2 billion XRP were traded in this area, according to the URPD, underscoring its significance.

Fellow market commentator CRYPTOWZRD outlined the change in the recent structure, indicating that XRP was bearish and volatile throughout the day before closing lower. They believe holding above $1.40 is crucial, but this hasn’t been the case so far.

What About a Breakout?

Martinez also highlighted the most significant resistance barriers to watch if XRP resumes its rally from the previous week. The first is located at $1.60, where 1.99 billion tokens were traded. $1.68 follows suit with a similar number of traded coins.

The biggest obstacle is at $1.86, where 3.47 billion XRP were traded. A breakout above that level can open the door for a run toward the psychological $2.00 level and up to $2.19 next.

XRP AT KEY SUPPORT

After rallying 71.8% from $0.988 to $1.698, XRP has entered a 20% correction and is now testing a major support zone.

According to the URPD, roughly 3.2 billion XRP were traded between $1.35 and $1.38, making this one of the most important demand levels.

As… pic.twitter.com/i5r1tPsMJe

— Ali Charts (@alicharts) August 29, 2026

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The post XRP’s 70% Rally Is Fading: Here’s the Level That Could Decide What Happens Next appeared first on CryptoPotato.

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Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say its 11,500-institution network gives it the power to absorb the technology instead.

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Reform UK has stripped crypto firms from its conference sponsor list. The move lands days after British police revealed a $1.4 million Bitcoin forfeiture.

Nigel Farage’s party is selling diplomats and manufacturers instead.

Reform UK Cuts Crypto Sponsors Before Birmingham

Reform UK’s annual conference opens in Birmingham next week. Last year the digital payments firm Zebec headlined as a key backer. This year no crypto company appears on the sponsor list.

Perks have gone too, with free tickets and access to senior figures also cut, Bloomberg reported, citing people familiar with the arrangements.

It comes as a parliamentary probe is examining whether Farage should have declared £5 million from Christopher Harborne, a Thailand-based crypto investor. Farage’s crypto lobbying has drawn separate scrutiny this year.

Diplomats and Manufacturers Take the Stage Instead

Farage’s populist party holds just eight of 650 Commons seats, yet polls place it in contention for 2029.

Honorary treasurer Nick Candy is promoting foreign guests. Envoys from India, Italy, Poland, the UAE and the US are expected, alongside French National Rally leader Jordan Bardella.

“The scale and breadth of the diplomatic presence at the conference next week is a clear indication of how seriously Reform is being taken internationally,” Nick Candy, Reform UK honorary treasurer, speaking to Bloomberg.

However, not everyone is convinced. Renewable energy executives remain reluctant to appear, according to a City of London public relations executive. They fear legitimizing the party.

On its first business day, it sold more than 600 tickets, drawing JCB, TikTok and Heathrow.

So is Reform done with crypto? Not on paper. It has announced no policy changes regarding digital assets, and the retreat focuses on sponsors and perks rather than positions.

Birmingham will show a party managing its image while an investigation runs, not one abandoning crypto.

Police Traced 20.21 Bitcoin Back to 2016

Elsewhere but still in the UK, Avon and Somerset Police recovered 20.21 BTC, other crypto and money in a bank account, worth £1,032,487.86.

Investigators tied the funds to darknet marketplaces that ran from 2016 to 2019. These were hidden shopping sites, reachable only through anonymizing software, that sold drugs and facilitated human trafficking.

A blockchain keeps every transaction on a permanent public record, so coins moved in 2016 still leave a trail.

The owner had died before the forfeiture was completed. Under the Proceeds of Crime Act, however, the case runs against the property, not the person.

It is the force’s largest crypto recovery since Britain introduced wallet freezing orders in April 2024. Bigger hauls exist, including a £114 million Bitcoin seizure.

Recovered funds go back into community and policing programs.

The post Reform UK Drops Crypto Sponsors: What Does Farage Want Instead? appeared first on BeInCrypto.

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The United States has secured majority control of more than 65 billion barrels of Venezuela’s oil reserves, which could reshape global energy markets, but does it actually matter for bitcoin and crypto?

President Trump announced on Friday that the US had secured majority control through an agreement involving Washington, Venezuela, and private businesses. He called it the “biggest oil deal in world history” and said it would substantially increase America’s effective oil reserves and ultimately bring down fuel prices.

65 Billion Barrels, But There’s a Catch

The analysts at the Kobeissi Letter noted that the US currently has around 46 billion barrels of proven domestic crude reserves. Adding control over another 65 billion would bring the combined figure to over 110 billion, roughly 7% of global proven reserves. In other words, the US-controlled total would be around the same as the UAE’s and ahead of Kuwait’s.

According to some leaked details, the deal covers 17 Venezuelan oilfields, including projects in the resource-rich Orinoco Belt and Lake Maracaibo. A new structure would give the US a majority operational position, while American companies are expected to provide much of the capital and expertise needed to increase production.

Venezuela has also projected close to $100 billion in private investment tied to the broader agreement. However, here comes the catch. Those barrels are all reserves, not immediate supply.

Venezuela currently produces around 1.2 million barrels per day, a fraction of what its enormous resource base theoretically allows due to years of underinvestment, deteriorating infrastructure, power problems, and other issues. Reuters reported that even the country’s ports are already struggling with current export volumes, with some tankers waiting weeks to load.

Lower Oil Good for Bitcoin?

Oil has been one of the biggest inflationary pressures this year as the conflict in the Middle East and disruptions around the Strait of Hormuz have pushed crude prices sharply higher. In general, more expensive oil feeds into fuel, transportation, manufacturing, and ultimately consumer prices.

If Venezuelan supply expands significantly over the coming years and helps decrease oil prices, the result could be weaker inflationary pressure, which, in turn, could give the Fed more room to ease monetary policy, unlike the present situation. This would be considered bullish for crypto, since the asset class tends to benefit from such macro conditions.

The deal, which was later confirmed by Venezuela’s President, comes at an interesting time – right after Fed Chair Kevin Warsh delivered a hawkish speech at Jackson Hole. He warned that inflation remains too high and indicated that policymakers could still have “work to do” if price pressures fail to move convincingly toward the central bank’s target of 2%.

If oil remains elevated due to the war in the Middle East, inflation is likely to continue preventing the Fed from pivoting. However, if Venezuela eventually becomes a substantial new source of reliable supply, the landscape can change.

Ultimately, the oil deal between the US and Venezuela is unlikely to translate into an immediate impact on BTC and crypto, as there’s no direct connection between the two. However, the long-term perspective is more bullish than bearish, especially if Venezuela improves its production lines and prices indeed fall, as Trump predicted.

The post US Secures 65 Billion Barrels of Venezuelan Oil: Could This Be Bullish for Bitcoin? appeared first on CryptoPotato.

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