Exchange funds, enjoy on chain opportunities

[Tether Mints 1 Billion USDT on the Tron Network] According to monitoring by Lookonchain, Tether has minted 1 billion USDT on the Tron network, bringing the market value of stablecoins on the Tron network to over $80.2 billion.

[Vanguard Supports Bitcoin Spot ETF, Bank of America Recommends 1%-4% Allocation to Digital Assets] On December 3, Bitcoin's price briefly surpassed $92,000. Vanguard, the world's second-largest asset management company, announced that it will allow investors to trade BlackRock's Bitcoin spot ETF. Previously, Vanguard had been a major opponent of cryptocurrencies. Cardiff founder William Stern stated that this shift sends a positive signal to U.S. financial advisors. Brian Huang, co-founder of fintech company Glider, believes that Vanguard's change in stance reflects the growing market demand for digital asset investments. Bank of America also recommends a moderate allocation of 1%-4% to digital assets. Although Bitcoin may face short-term declines, its long-term outlook is widely regarded as positive.

The Chairman of the US Securities and Exchange Commission (SEC), Paul Atkins, stated that the SEC has sufficient authority to advance cryptocurrency related rules and plans to introduce an innovation exemption policy in about a month. （Cointelegraph）

[U.S. Stock Market Closes with Crypto Concept Stocks Mostly Rising, ABTC Plunges Over 38%] At the close of the U.S. stock market, the Dow Jones rose 0.39%, the S&P 500 index rose 0.25%, and the Nasdaq rose 0.59%. Crypto concept stocks mostly rose, with ETHZ up over 12%, BMNR up over 10.26%, and UPXI up over 9%, but ABTC plunged over 38%. (msx.com) is a decentralized RWA trading platform that has launched hundreds of RWA tokens, covering U.S. stock and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and more.

[American Bitcoin Stock Founded by Trump's Son Drops 38% Due to Lock-Up Expiry] The cryptocurrency mining company American Bitcoin Corp., co-founded by Eric Trump, son of Donald Trump, saw its stock plunge sharply on Tuesday due to the expiration of lock-up shares. Within less than 30 minutes after the market opened, the stock price plummeted over 50%, triggering multiple trading halts. As of press time, the stock closed at $2.19, down 38% from the previous trading day. The company had held a Nasdaq opening bell ceremony on September 16.