Matt Cole: Trive increases holdings of 2500 bitcoins

The US stock market opened lower, with the Dow Jones Industrial Average falling 210 points, the Nasdaq falling 74 points, and the S&P 500 index falling 0.18%.

UBS Group announced that it has raised its target price for Oracle (ORCL. N) from $250 to $285.

Coinbase announced its investment in the GENIUS Money Market ETF (code IQMM) under ProShares to support stablecoin cash management. The US treasury bond and cash equivalents held by IQMM for no more than 93 days meet the requirements of Article 4 of the GENIUS Act for "1:1 support of high-quality and highly liquid assets".

According to US Trade Representative Greer, a report on other Section 301 investigations will be released within a few weeks, and it is mentioned that significant tariffs are needed to correct the huge trade deficit.

Securitize announced that Hamilton Lane's tokenized senior credit opportunity fund, HLSCOPE, has launched the TRON blockchain, which is Securitize's first asset launched on TRON. Qualified investors can access HLSCOPE through the Securitize platform and utilize Wormhole to achieve cross chain token movement. Securitize CEO Carlos Domingo stated that this move expands access to the private equity market. TRON founder Justin Sun welcomes HLSCOPE to join the TRON ecosystem. （financewire）