Bitget has expanded its Stock Dual Investment lineup from six to more than 20 U.S. stock and ETF-linked tokens, with settlement now set for 11:30 p.m. UTC+8.

Bitget announced on Aug. 14 that its expanded lineup includes tokens tied to major technology stocks, crypto-linked companies, semiconductor businesses, and exchange-traded funds.

The supported list covers rMU, rSNDK, rNVDA, rCRCL, rSPCX, rTSLA, rMRVL, rAMZN, rGOOGL, rMSTR, rINTC, rMETA, rAMD, rSOXL, rTSM, rAAPL, rCOIN, rAAOI, rSOXS, rNBIS, and rWDC. Bitget said it plans to add more underlying assets but did not provide a schedule.

Among the new targets are tokens tracking Nvidia, Tesla, Apple, Meta, Advanced Micro Devices, Intel, and Taiwan Semiconductor Manufacturing Company. Crypto-related choices include tokens linked to Coinbase, Circle, and Strategy, while rSOXL and rSOXS track leveraged semiconductor ETFs.

Bitget Stock Dual Investment adds more targets

Stock Dual Investment first went live on July 25 with six supported products: rSPCXUSDT, rNVDAUSDT, rGOOGLUSDT, rAAPLUSDT, rCOINUSDT, and rAMZNUSDT. The Aug. 14 update has raised the selection to at least 21 underlying assets in less than a month.

Under the product’s Buy Low option, a user subscribes with USDT and chooses a target price and settlement date. If the linked token’s settlement price is at or below the target at expiry, Bitget buys the token for the user at the agreed price and pays the applicable interest.

When the settlement price remains above the target, the user receives the USDT principal and interest without a token conversion, according to Bitget’s product terms. The displayed annual percentage rate and available subscription amount can change and are shown on the product page when an order is placed.

For Sell High products, users commit the relevant stock token instead of USDT. If its settlement price reaches or exceeds the target at expiry, Bitget converts the position at that target price and adds the applicable interest. When the target is not reached, the user keeps the token and receives interest in the settlement asset specified by the product.

Bitget classifies Dual Investment as a non-principal-guaranteed product. A user may therefore receive a different asset at maturity, and the agreed conversion price can become less favorable than the open-market price before settlement. Subscription funds are also locked until the selected maturity date.

The new settlement time follows the U.S. market open

As part of the update, Bitget moved the settlement time for stock-linked products to 11:30 p.m. UTC+8, or 11 a.m. Eastern Daylight Time. The new schedule places settlement about 90 minutes after the regular Nasdaq and New York Stock Exchange sessions open at 9:30 a.m. ET.

Bitget said the adjustment lets the settlement process account for price changes during the opening portion of the U.S. session. Opening hours often bring company announcements, analyst actions, and the first reaction to overnight news into the cash market, although the exchange did not release data comparing outcomes under its previous and revised schedules.

Stock Dual Investment does not provide the same experience as buying a U.S.-listed share through a conventional brokerage account. The products use rTokens linked to the value of U.S. securities, and the final result depends on the chosen target price, maturity date, and conversion rules.

Bitget introduced its Reality platform in May with rTokens that it said were backed 1:1 by shares held through regulated brokerage and custody arrangements. As previously covered by crypto.news, the exchange said Reality would support stablecoin-based minting and redemption, dividend distributions, and tokens tied to U.S. stocks and ETFs.

In July, Bitget placed more than 100 rTokens and over 370 other eligible assets inside a unified margin system. Eligible tokens can support borrowing and margin obligations, although Bitget warned that falling collateral values may lead to margin calls or liquidation.

U.S. access still depends on regulatory approvals

Despite the product’s focus on American securities, Bitget has not announced that Stock Dual Investment is available to U.S. residents. Product access depends on account eligibility and regional rules, making the distinction important for American readers.

Bitget CEO Gracy Chen said in July that the company intends to establish an independent U.S. entity and obtain money-transmitter, derivatives, and broker-dealer approvals before serving customers in the country. The exchange has not disclosed a launch date, and Chen said its entry would proceed regardless of whether Congress passes the CLARITY Act.

During the same discussion, Chen said tokenized traditional assets represented between 20% and 30% of Bitget’s spot volume in the previous quarter. She also reported that 52% of users held both stocks and crypto, while the platform’s tokenized-stock products had accumulated more than $100 million.

Bitget’s planned U.S. expansion could require a product structure different from the offshore offering. According to Chen, the company wants the necessary approvals in place before launching locally, where securities, derivatives, and broker-dealer rules may determine which stock-linked services it can provide.

The exchange also operates Stock+, a separate product through which eligible users can buy and hold real U.S. stocks and ETFs. Bitget’s documentation distinguishes this broker-style service from rTokens, which provide tokenized economic exposure rather than the same ownership structure as registered shares.

Two Bitget promotions carry separate eligibility rules

Alongside the product expansion, Bitget is running an invitation-only Dual Investment bonus campaign through Aug. 21. Eligible users must register before completing the required deposit tasks and must not have traded a Dual Investment product since Jan. 1, 2026.

A net deposit of at least 1,000 USDT qualifies for a 1,000 USDT trading bonus voucher, while reaching 30,000 USDT adds another 2,000 USDT. The total available to one user is 3,000 USDT, drawn from a campaign pool of 1 million USDT and distributed on a first-come, first-served basis.

Bitget calculates net deposits by subtracting total withdrawals during the campaign from USDT deposits made after registration. The exchange said withdrawals of other cryptocurrencies may also affect its final calculation.

Bonus vouchers can only be used with designated Buy Low products, and one voucher is permitted per order. Users must contribute at least the minimum subscription amount from their own funds, while the voucher carries a three-day trial period.

The bonus principal cannot be withdrawn, transferred, or exchanged for cash. Bitget said users retain the earnings generated during the trial, while only the portion funded with their own money is subject to conversion based on the settlement price.

A second promotion runs from Aug. 14 through Aug. 28 and is open to new and existing Dual Investment users without registration. Cumulative subscriptions of 50,000, 100,000, 500,000, 1 million, and 3 million USDT qualify users for limited merchandise tiers ranging from a gym bag to a camping set.

Bitget said only 80 gym bags, 40 keyboards, 30 suitcases, 20 commemorative gold coins, and five camping sets are available. Rewards will go to qualifying users in the order they reach each threshold, and recipients must answer Bitget’s request for shipping details within five working days.

Solana Company has reported a $30.3 million second-quarter loss despite earning $2.5 million in revenue, almost entirely from staking its SOL holdings.

Solana Company said in its Aug. 14 financial release that staking contributed $2.512 million of its $2.526 million quarterly revenue, while other operations generated only $14,000.

Compared with the same quarter of 2025, when revenue reached $43,000, the Nasdaq-listed company recorded a sharp increase after building a large Solana treasury. Revenue still declined about 30% from the $3.6 million reported in the first quarter, based on its first-half figures.

During Q2, the company earned 31,200 Solana (SOL) in staking rewards and automatically restaked the tokens. Restaking allowed the holdings to continue earning rewards rather than being sold or moved into cash.

Cost of revenue came to $77,000, leaving a gross profit of $2.4 million and a gross margin of about 97%. High margins from staking were not enough to cover operating expenses and losses tied to the company’s digital assets.

SOL sales drove most of the quarterly loss

Operating expenses reached $35.1 million during the quarter, up from $3.3 million a year earlier. Solana Company consequently recorded a $32.7 million operating loss, compared with a $3.3 million loss in Q2 2025.

A realized loss of $25.4 million from digital-asset sales accounted for the largest part of the increase. On the company’s earnings call, management said the loss came from “strategic sales executed as part of our capital allocation program.”

At the same time, the accounts included a $2.4 million unrealized gain on digital assets and receivables. Solana Company also booked a $298,000 unrealized loss on a digital-asset fund investment and a $682,000 loss on digital-asset derivatives.

Administrative expenses increased to $11.1 million from $3.3 million in the year-earlier quarter. Approximately $6.8 million came from severance costs connected to the divestiture of the PoNS medical-device business, leaving roughly $4.3 million in other administrative spending.

The company completed the sale of PoNS during Q2 as it moved away from its former medical-device operations. Solana Company recorded a $3.1 million gain from the transaction, which partly reduced the effect of its operating loss.

Nonoperating income totaled $2.4 million after including the gain from the sale, a $322,000 change in the value of a derivative liability, and $259,000 in other expenses. Most of the latter amount came from fluctuations between the Canadian and U.S. dollars.

After accounting for those items, the company posted a net loss of $30.3 million, or $0.38 per basic and diluted share. A year earlier, its loss stood at $9.8 million, or $79.73 per share, although changes in the number of outstanding shares make the per-share figures difficult to compare directly.

Solana Company’s first-half loss reached $130.1 million

For the first six months of 2026, revenue increased to $6.1 million from $92,000 in the comparable period of 2025. Staking supplied $5.9 million of the total, while other revenue contributed $218,000.

First-half operating expenses rose to $138.2 million, including an $86.8 million unrealized loss on digital assets and receivables. Realized digital-asset losses reached another $32.4 million, while the digital-asset fund investment produced a $2 million unrealized loss.

As a result, Solana Company reported a six-month net loss of $130.1 million, equal to $1.66 per share. Management said on the earnings call that fair-value movements recorded under U.S. accounting rules did not reduce its cash balance or the number of SOL tokens produced through staking.

The company adopted its SOL-focused model in September 2025, when it was still called Helius Medical Technologies. As crypto.news reported, the firm launched the treasury strategy through a $500 million private placement led by Pantera Capital and Summer Capital.

Participants purchased shares at $6.88 each and received warrants exercisable at $10.13. The deal included as much as $750 million in potential proceeds from warrant exercises, although the additional capital depended on investors choosing to exercise them.

By October 2025, the renamed company had grown past 2.2 million SOL, then valued at more than $525 million. The company also reported over $15 million in cash at the time.

Its June 2026 balance sheet showed a much smaller asset base. Total assets fell to $176.1 million from $303.9 million at the end of 2025, while stockholders’ equity declined to $165.6 million from $300.9 million.

Cash and cash equivalents dropped to $3.6 million from $7.3 million. Current digital assets stood at $21 million, with another $2.3 million classified as a digital-asset collateral receivable.

Long-term digital assets and related exposure totaled $147.3 million. According to the company, the figure covered staked positions, restricted assets, receivables, and investments in digital-asset funds.

Nasdaq investors remain exposed to SOL price movements

Because HSDT trades on the Nasdaq Capital Market, U.S. investors can obtain indirect SOL exposure through its shares without holding the token directly. The company’s filings also show that its financial position depends heavily on SOL prices, staking returns, and its ability to raise money through stock sales.

During Q2, Solana Company raised $7.9 million in net proceeds from a registered direct stock offering led by Mirae Asset, with HashKey Capital also participating. The company sold approximately 3.08 million shares at $2.60 each and said the proceeds could support SOL purchases, working capital, and corporate expenses.

At the same time, it spent about $2.3 million repurchasing 1.3 million shares. First-half buybacks reached approximately $5.9 million, covering 2.9 million shares held as treasury stock at the end of June.

The company had 60.4 million issued shares on June 30, of which 57.4 million were outstanding after excluding treasury stock. Its accumulated deficit rose to $342.6 million from $212.6 million at the end of 2025.

HSDT closed Aug. 14 at $1.70, down 5.56% during regular trading, according to market data cited by Investing.com. Shares recovered slightly to $1.71 after the closing bell, while the reported revenue total fell about $400,000 short of the $2.9 million analyst estimate cited by the publication.

Validator revenue could begin in the third quarter

Apart from staking its own treasury, Solana Company is building infrastructure intended to earn revenue from third-party assets. Its first institutional validator cluster became operational in Tokyo under an initiative called Pacific Backbone.

Chief Executive Joseph Chee said the company’s recurring businesses were starting to develop as the Tokyo operation came online and PoNS left its cost base.

“With our first validator cluster operational in Tokyo, and the legacy business fully divested, the recurring revenue streams that leverage our institutional-grade infrastructure are beginning to take root,” Chee said.

Management expects the Tokyo cluster to begin contributing validator-related revenue in the third quarter. In July, the operation secured its first third-party staking commitment of approximately 500,000 SOL, according to comments made during the earnings call.

Solana Company previously added Helius and Twinstake to its staking setup, allowing it to stake SOL directly from custody at Anchorage Digital Bank. At the time of the October 2025 announcement, Helius and Twinstake ranked among the Solana network’s 25 largest validators by delegated SOL.

Under Pacific Backbone, the company also entered a May partnership with the Jito Foundation to develop institutional Solana infrastructure across the Asia-Pacific region. Management said it expects administrative expenses to return closer to first-quarter levels as the severance costs from the PoNS sale fall out of its accounts.

After the quarter ended, Solana Company completed a $2 million acquisition of a Hong Kong trust company on July 15. The transaction will be included in its third-quarter financial statements.

XRP price has steadied near $1 as whale transfers to Binance fell to their lowest level since 2021, although weak demand and bearish chart signals continue to limit a recovery.

XRP price remains under pressure near $1

CryptoQuant contributor Darkfost reported that the three-month average of XRP whale inflows to Binance has dropped to about $61 million, its lowest reading since 2021.

The figure stood at $456 million in January 2025 and $355 million in October 2025. Current transfers are therefore six to eight times lower than the peaks recorded last year, according to the analyst.

Reduced exchange deposits usually mean fewer tokens are immediately available for sale. Darkfost described the decline as a positive development for XRP but warned that lower selling activity alone cannot confirm a bullish reversal.

Net flows remain positive at roughly $18.8 million, meaning large deposits are still exceeding withdrawals. Darkfost also said the slowdown fits a market-wide decline in exchange inflows and trading volume, with selling pressure fading before demand has fully recovered.

XRP traded around $1.00 at the time of writing, little changed over 24 hours, but down approximately 3.2% during the past week. The token has a market capitalization of about $62.8 billion and nearly $900 million in daily trading volume.

XRP price has repeatedly moved above and below $1 since Aug. 11. The latest dip reached approximately $0.988 before buyers returned, but the recovery stopped near $1.01.

Daily XRP chart keeps sellers in control

The daily chart shows XRP trading below the Bollinger Bands’ 20-day middle line at $1.0446. Staying below that average leaves the short-term structure tilted toward sellers, even though the price is approaching the lower band at $0.9866.

The daily relative strength index stood at 36.02, below its signal average of 39.21. The reading shows weak momentum but remains above the conventional oversold threshold of 30, leaving room for another decline before the indicator reaches an extreme.

A close below the $0.9866 lower Bollinger Band would weaken the $1 support case and expose the area around $0.95. The chart has not established a clear daily reversal pattern, with lower highs and lower lows continuing from XRP’s May peak.

For a recovery, buyers first need to reclaim the Bollinger middle line near $1.045. The upper band at $1.1025 would become the next target if the price closes above that level and trading activity rises.

The narrow distance between the current price and the lower band also creates the possibility of a short-term bounce. Such a move would remain corrective unless XRP breaks above its declining daily average and holds the gain.

Falling wedge offers an early recovery setup

On the 4-hour chart, XRP has moved inside a falling wedge formed after the July 21 high near $1.165. Price is now close to the point where the two descending trendlines converge, making a breakout increasingly likely as the available trading range contracts.

The first nearby barrier sits at the 78.6% Fibonacci retracement around $1.024. A breakout above the wedge and this level would open a path toward $1.055, followed by $1.076.

Higher resistance appears near $1.097 and $1.123. XRP would need to clear the entire sequence before it could challenge the July high around $1.165.

4-hour momentum has started to improve. The MACD line stood near minus 0.0054, above the signal line at minus 0.0060, while the histogram turned slightly positive at 0.0006. The crossover points to easing downside momentum rather than a confirmed trend change because both lines remain below zero.

Chaikin Money Flow remained negative at minus 0.09, showing that capital flows still favor sellers. A wedge breakout accompanied by CMF moving above zero would provide firmer evidence that buyers are returning.

Failure to leave the wedge could push XRP back toward $0.986. A confirmed 4-hour close below the lower trendline would invalidate the recovery setup and increase the risk of a move toward $0.98 or $0.95.

Liquidation map places XRP targets above $1

CoinGlass’ one-week liquidation heatmap shows several leveraged-position clusters above the current price. The nearest liquidity is concentrated around $1.01, followed by larger pockets between $1.02 and $1.03.

The strongest overhead concentrations appear near $1.03 and from approximately $1.045 to $1.05. Since price often moves toward areas holding large leveraged positions, a rebound could accelerate as short liquidations are triggered across these levels.

Additional liquidity below the market is visible near $0.98 to $0.99. A loss of $1 could therefore pull XRP toward that zone before buyers receive another chance to defend the daily lower Bollinger Band.

For US investors trading during the weekend, thinner liquidity may increase sudden moves around the $1 level. The charts place $0.986 as the immediate downside boundary, while a move through $1.024 would offer the first technical sign that XRP is breaking out of its month-long decline.

Falling Binance whale inflows reduce one source of possible selling, but Darkfost’s data and the negative daily structure reach the same conclusion: XRP still needs fresh buying demand before a lasting recovery can begin.

Africa Finance Corporation has raised 350 million Swiss francs or about $431 million, through its first digital bond, becoming the first African institution to issue such debt through a regulated exchange and central securities depository.

AFC digital bond raises $431 million

Ledger Insights reported that Africa Finance Corporation issued the five-year bond through SIX, using its SDX digital platform for clearing and settlement. The transaction represents the first digital bond from an African institution to be processed through both a regulated exchange and a central securities depository.

Priced with a coupon of 1.4925%, the 350 million-franc bond is among the larger digital debt issues completed through the Swiss platform. UBS issued a 375 million-franc digital bond in 2022, according to Ledger Insights.

AFC separately described its offering as the largest Swiss franc-denominated digital bond from an international issuer. The company said it was also its fourth and largest bond issued in Swiss francs, following a 150 million-franc green bond completed in 2020.

Investor demand came mainly from Switzerland, with domestic accounts contributing about 90% of the orders and international investors providing the remaining 10%, according to AFC. Banks and other financial companies accounted for 57% of the order book, while asset managers represented 37% and hedge funds contributed 6%.

The bond was issued under AFC’s $5 billion Global Medium-Term Note Programme. Under the structure, the debt is represented as a tokenized security, while ownership details are kept on a regulated digital register using distributed ledger technology.

Trading and listing take place on the SIX Swiss Exchange, with the security deposited at SIX Digital Exchange. SIX SIS AG operates the clearing and settlement system used for the transaction.

Commerzbank AG served as the technical lead, while Deutsche Bank AG’s London branch participated through its Zurich branch. AFC said proceeds from the sale would cover its general funding needs and support its financing of infrastructure projects in Africa.

Digital format keeps the bond inside regulated markets

Unlike a crypto token issued through an open blockchain platform, AFC’s bond uses regulated market infrastructure for ownership records, trading, and settlement. Investors are buying a debt security issued by AFC, with the digital system changing how the bond is recorded and processed rather than the financial claim itself.

Banji Fehintola, an AFC executive board member and head of financial services, said the digital structure was “not an end in itself” but part of the company’s effort to diversify its sources of funding.

“The digital format of this bond is not an end in itself but a signal of our commitment to being at the frontier of innovation in the capital markets as we continue to diversify and strengthen AFC’s funding base to support Africa’s development.”

AFC President and CEO Samaila Zubairu said the deal also showed continued investor confidence in the institution’s credit profile and development strategy. According to the company, S&P Global rates AFC at A with a positive outlook, while Moody’s gives it an A3 rating with a stable outlook.

Before the digital sale, AFC returned to the international bond market in July with a $500 million, five-year senior unsecured Eurobond. The corporation said the digital issue secured funding at a level within the pricing of the earlier dollar benchmark.

Operating as a multilateral finance institution, AFC funds projects in power, transport, telecommunications, natural resources, and heavy industry. The organization was established in 2007 and now counts 48 African countries as members. It says it has invested $19 billion across the continent since its creation.

SIX combines digital and traditional settlement

AFC completed the issuance after Switzerland’s financial regulator approved a change to the structure of SIX’s digital asset operations. In May, the Swiss Financial Market Supervisory Authority allowed SIX Digital Exchange AG, its digital central securities depository, to merge into SIX SIS AG.

SIX said the consolidation placed its services for traditional and digital securities under one legal entity. FINMA also approved crypto custody through the combined central securities depository, allowing financial institutions to use the same regulated provider for conventional assets and certain digital assets.

The exchange operator launched SDX as a regulated market for securities issued and settled through distributed ledger technology. The platform has since hosted digital bonds from banks, public bodies and international institutions.

In November 2024, crypto.news covered Lugano’s third blockchain bond, a 120 million-franc issue listed on both SDX and the main SIX Swiss Exchange. Lugano had issued three such bonds worth a combined 320 million francs over two years.

The city’s third bond formed part of Project Helvetia, a Swiss National Bank pilot that tested settlement using wholesale central bank digital currency. Ledger Insights noted that AFC’s announcement did not identify wholesale central bank digital currency as part of its transaction.

AFC’s deal also ended a pause in new digital bond activity on SIX, where the previous issuance was completed by German development bank KfW in June 2025, according to Ledger Insights.

U.S. market follows a regulated tokenization path

American financial institutions are testing a comparable model in which blockchain records sit within existing securities infrastructure. The Depository Trust & Clearing Corporation planned to begin limited production transactions in July 2026, before a full tokenization service targeted for October.

As previously reported in May, DTCC formed a working group of more than 50 traditional finance and digital-asset companies. Participants include BlackRock, JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America, Circle, Nasdaq and NYSE Group.

DTCC said the initial service could cover Russell 1000 stocks, major index-tracking exchange-traded funds, and U.S. Treasury securities held in its custody. Its subsidiary DTC received a three-year no-action letter from the Securities and Exchange Commission in December 2025 for the defined tokenization service.

For U.S. investors, the SEC’s position means representing a financial instrument on a blockchain does not remove it from securities rules. SEC Chair Paul Atkins said in April that a stock remains a stock whether it appears on paper, through a DTCC entry, or as a blockchain token.

Meanwhile, U.S. transfer agents asked the SEC in July to distinguish securities created with an issuer’s approval from third-party tokens that merely track an asset. The groups said regulated systems should preserve accurate ownership records, transfer controls, dividend rights, and investor protections.