Fluxion | Native on Mantle✓

Michael Saylor @saylor

$MSTR shareholders have approved the Daily Dividends amendment. Preliminary results show 99.3% of votes cast were in favor. The amendment enables $STRF, $STRC, $STRK and $STRD to accrue dividends every calendar day. Thank you to all who voted.

Beluga @heybeluga

Newsletter Edition: THE CASE FOR TOKENIZED STOCKS Equities onchain are positive EV. The Wall Street Journal recently included an ad throwing shade on tokenized stocks. Won’t rehash all their arguments, instead, why I think tokenized stocks are a good thing. In my view, tokenized stocks have three main benefits. - They enable 24/7 trading, allow you to use your equities as currency - Give people without access to traditional financial rails the opportunity to invest in US markets, - This grows American influence and market caps in the process. One, tokenized stocks enable 24/7 trading. Since blockchains are always on, tokenized equities can be bought, sold, or transferred at any time. Naturally, this has several key benefits. Most prominently, you have more consistent access to your assets than when they sit on a Wall Street exchange. Need cash quickly? You can sell whenever you like. A massive war breaks out over the weekend and you want to derisk? Sell on Saturday afternoon. Hear a compelling argument for why you should own part of a company and don’t want to wait? Buy it onchain on a Sunday morning. Several Wall Street exchanges have expressed interest in going 24/7, or close to it, but these features haven't been fully rolled out. When they do, it may weaken the argument for tokenized stocks. In the meantime, blockchain markets offer a way to trade equities outside traditional market hours. Two, you can use your equities as currency. Imagine you go to buy coffee. You’re smart, so instead of keeping your net worth in cash, you keep it in the S&P 500. Under the current system, you need to sell some of your holdings to get cash to buy things like coffee. You buy a coffee, and then the owner takes that money and puts it into the S&P because he doesn’t want to lose 3% a year to inflation and prefers to keep his money in equities. Fiat currency is an unnecessary intermediary in this scenario. Tokenized stocks could allow you to transact directly with your equities, assuming merchants adopt the necessary infrastructure. Three, tokenized stocks allow people outside traditional financial rails to invest in US markets. This is helpful in two ways. - For one, it expands US markets by allowing more capital to flow into US companies. - On the other side of the coin, it gives people who previously lacked access to US markets the opportunity to invest and grow their wealth. There are certainly flaws with tokenized equities, but I think the juice is worth the squeeze. Words: @alphadawgcrypto

xStocks @xStocksFi

The biggest earnings week of the quarter. 300+ companies will be reporting, including Amazon, Alphabet, Microsoft, Visa and Exxon Mobil. All tokenized by xStocks.

Mantle @Mantle_Official

The giants of the internet era report earnings this week. On Mantle, their tokenized equities, issued by @xStocksFi, are always-on. Trade them 24/7 on @Fluxion_network, right through the call, then keep them working onchain until your next move. Position accordingly.

Mantle @Mantle_Official

Big tech earnings are back in the headlines. While the world waits for the news, trading top tokenized equities by @xStocksFi on Mantle never stops. Pre or post call, make your move 24/7/365 on @Fluxion_network with RFQ + AMM. Earnings on their schedule, trades on yours.

xStocks @xStocksFi

T-2 hours until SpaceX earnings land. Wall Street is expecting this to be SpaceX’s first profitable quarter on an adjusted basis since going public. Trading 24/7, tokenized by xStocks.

Fluxion | Native on Mantle @Fluxion_network

DeFi Summer energy is back ☀️🔥 KII / USDT0 on Fluxion is currently showing 434.15% APR, while 24H volume jumped from ~$794K to ~$1.83M. $1.54M+ came from this pool alone IYKYK feeling the moMNTum? 🌊 →

rektdiomedes @rektdiomedes

In case you missed it... @benbybit's keynote speech from a few days ago contained some rather significant announcements :) I created the below clip- splicing together several parts of the speech- to illustrate it... Most notable though was the announcement of the launch of mStocks with @Mantle_Official- And a bunch of connected stuff as well, all related towards the goal of creating the first 'All In-One Financial App'. This is what Ben explains in the first part of the clip, and then from there goes on to explain Bybit's recent addition of full-on in-app stock trading, as well as this new connected mStocks iniative with Mantle... Now... disclaimer up front that I work with Mantle via @thedailydegenhq, and own a bunch of $MNT, so this is 100% biased/promotional/whatever you want to call it... ie I am purposefully writing this to bang the drum about what they're doing :) HOWEVER... I really do think Bybit/Mantle (again, the two are sort of one entity like Binance and BSC or Coinbase and Base) have had an utterly remarkable arc as of late re: RWA's... They pivoted hard towards this goal around 18 months ago, and since then have really led the charge in the RWA arena - finding tremendous success in doing so... Some stats to be aware of: - The ecosystem now has 1,473+ tokenised assets - They just hit $476M in distributed asset value - Total of $557M in stablecoin supply - 200+ ecosystem dApps, partners, etc - Continue to have one of the strongest treasuries in all of crypto, at $2.5B in treasury backing currently The mStocks stuff is just going to turbocharge this too I think... Especially given the fact that these are tokenized stocks with actual 1:1 backing... As Ben mentioned in the speech, it unlocks all sorts of interesting uses- Including in AMM's and other defi projects (like @Fluxion_network for instance)... the ability to use the mStocks as collateral both on Bybit and on-chain... and all sorts of other stuff... But yeah, highly encourage you to watch the entire keynote if you are interested! And will also link to some more good stuff below :)