According to Odaily Planet Daily, Wall Street investment bank Jefferies predicts a new wave of IPOs in the crypto and blockchain sector over the next two years, potentially forming a $1 trillion public market within five years, as institutional investors accelerate their shift towards blockchain financial infrastructure. Jefferies' report states that the industry focus is shifting from crypto asset price speculation to the comprehensive integration of blockchain infrastructure by banks, exchanges, asset management companies, and payment institutions. Companies like Kraken's parent company Payward and Securitize are pursuing IPOs, and more crypto-related companies are expected to enter the public market. Tokenization is seen as a key driver of this structural shift, with money market funds, private lending, and on-chain settlement systems already in practical implementation. A clearer regulatory environment will further accelerate institutional adoption. Currently, the market is shifting from short-term speculation to long-term technological revaluation, and crypto IPOs may become a crucial entry point connecting traditional capital markets with the on-chain economy. (CoinDesk)

Shares of a little-known European chipmaker surged more than 70% on Wednesday after being heavily promoted by a popular social media account. An X account named Serenity posted that it had bought shares in X-Fab Silicon Foundries SE, a Paris-listed company with six semiconductor manufacturing sites worldwide. The X account has over 400,000 followers. The post, which garnered over 500,000 views, triggered a retail trading frenzy and drove X-Fab's share price up as much as 77%. In the afternoon, the stock was up over 30%, with trading volume approximately 17 times its three-month average. Trading was halted several times due to the extreme volatility. "We have noticed the recent increase in the company's share price and trading volume," said X-Fab CEO Damian Mark. "The company is currently unaware of any material developments that should be disclosed but have not yet been made public." This is not the first time this year that European tech stocks have surged due to Serenity's recommendations; according to its profile, the user is both an "AI/semiconductor supply chain analyst" and an "AI research scientist." X-Fab's current share price is around €12, more than double the average analyst target price (around €5.5). Data shows that only one of the eight analysts tracking the stock has given it a "buy" rating. (Jinshi)

According to Odaily Planet Daily, citing PBS, US President Trump stated that abandoning uranium mines will not lead to the lifting of sanctions against Iran, and that Saudi Arabia should join the Abraham Accords. (Jinshi)

According to Odaily Planet Daily, a new study from Project Agorá, led by the Bank for International Settlements (BIS), shows that tokenization technology has the potential to significantly improve settlement speed and reconciliation efficiency in cross-border payments, while reducing transaction failures and operational risks. The project involved the BIS in conjunction with seven central banks and over 40 financial institutions, including the Federal Reserve Bank of New York, the Bank of England, the Bank of Japan, and the Swiss National Bank. The study suggests that tokenizing central bank reserves and commercial bank deposits can support "atomic settlement" across currencies and jurisdictions, enabling transactions to "complete or fail simultaneously," thereby reducing the credit and execution risks commonly found in cross-border payments. Project Agorá has completed its simulation testing phase and plans to enter the "real-value transaction" testing phase to explore on-chain settlement applications for select currencies and institutions in real-world financial environments. (CoinDesk)

Odaily Planet Daily reports that the White House, in response to the Iran issue, stated that negotiations are progressing smoothly and that Trump has clearly drawn red lines. (Jinshi)