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According to Jinshi reports, Huatai Securities' research report states that in May 2026, the United States added 172,000 non-farm jobs, higher than Bloomberg's consensus expectation of 85,000, with the cumulative revision for the previous two months being 93,000. The unemployment rate and labor participation rate in May remained at 4.3% and 61.8%, respectively, both in line with expectations; hourly wage growth month-on-month increased by 0.1 percentage points to 0.3%, while year-on-year decreased by 0.2 percentage points to 3.4%, also in line with expectations. The market's pricing for the Federal Reserve's interest rate hikes this year has significantly intensified. Huatai Securities maintains the view that the Federal Reserve will keep interest rates unchanged in the second half of the year, with possible rate hikes next year.

The "New Stock God" Serenity published an analysis stating that as Co-Packaged Optics (CPO) technology is expected to enter large-scale deployment in the second half of 2027, Sivers Semiconductors (SIVE) may play both a bottleneck and a key node role in the industry.It pointed out that there are signs of tight supply for Continuous Wave (CW) lasers. Affected by previous orders from NVIDIA, the capacities of companies such as Sumitomo Electric, Furukawa Electric, and Win Semi are highly saturated. Meanwhile, Sivers, which adopts a fab-lite model, has effectively secured a significant amount of CW laser supply by locking in capacity with foundries like Win Semi in advance.The analysis believes that multiple CPO routes, including ASIC projects from Ayar Labs, Jabil, Marvell Celestial, and other large-scale cloud providers, are highly dependent on Sivers' laser solutions, lacking mature alternative sources in the short term, which positions it as a structural "bottleneck" in the entire ecosystem.Additionally, Sivers is the default reference laser design solution for GlobalFoundries, with relevant ecosystem participants including AMD and several CPO chip suppliers. Aside from vertically integrated companies like NVIDIA and Broadcom, most ASIC and commercial CPO projects are likely to revolve around Sivers.Serenity expects that as the CPO market size grows from nearly zero to between $81 billion and $91 billion in about a year and a half, Sivers is likely to replicate Lumentum's growth path and may grow into a company with a market value of around $75 billion in the coming years. However, the above views only represent the personal judgment of market analysts.

The cryptocurrency exchange Backpack announced the launch of Backpack Securities, allowing investors to buy, hold, and sell real stocks backed by regulated U.S. securities infrastructure through the platform, enjoying dividends, corporate actions, and rights under systems such as ACATS and DTCC. At the same time, holdings can be converted into tokenized securities that can be freely transferred and traded 24/7 on public chains like Solana. Orders go directly into the liquidity pool of the U.S. stock market, with transaction prices reflecting real market prices.The platform consists of two parts: one is a U.S. regulated brokerage and custody service that allows users to truly hold U.S. stocks and enjoy traditional brokerage rights such as cash dividends and corporate actions; the other is a collaboration with the Solana tokenization protocol Sunrise to convert stocks held by users into tokenized securities that can circulate on-chain.Backpack stated that related services are expected to be gradually launched starting in June, with tokenized stocks initially supporting wallets, DeFi protocols, and 24/7 trading on Solana, and may expand to more blockchains in the future.

According to The Block, the Dogecoin (DOGE) related organization House of Doge announced a partnership with the regulated stablecoin and crypto infrastructure provider Paxos to integrate Dogecoin into its enterprise-level crypto brokerage and custody network.Paxos is the underlying blockchain infrastructure service provider for payment platforms such as PayPal, Venmo, and Mercado Libre, which rely on Paxos' capabilities to offer users the buying, selling, and custody of crypto assets.This initial phase of the partnership is aimed at enterprise clients, and it remains unclear whether it will expand to consumer applications in the future. House of Doge CEO Marco Margiotta stated that this collaboration will accelerate the accessibility of Dogecoin globally and provide a compliant access path for mainstream fintech platforms.Paxos indicated that this move aims to provide secure and compliant access to digital assets through its regulated infrastructure and support enterprise clients in expanding their crypto asset product lines.

According to the official announcement, the globally leading digital asset platform Gate has officially launched real stock trading services, allowing users to directly participate in the U.S. mainstream securities market for stocks and ETFs using USDT.Currently, Android users can experience the stock trading feature after updating the Gate App to the latest version, and iOS users can also use the related services after updating to version 8.21.5. Unlike the widely discussed stock tokenization and RWA mapping models in the current market, Gate's stock services do not involve on-chain mapped assets or tokenized derivatives. Instead, they connect directly to the real securities market through compliant brokers holding U.S. Broker-Dealer licenses and clearing qualifications, providing users with real stock trading services.The brokers partnered with Gate are also members of the Securities Investor Protection Corporation (SIPC) and can provide corresponding protection for customer securities assets under certain conditions. This model aims to enhance trading transparency, asset security, and investor protection mechanisms, and also reflects Gate's ongoing expansion in accessing traditional financial markets.

According to the official announcement, the globally leading digital asset platform Gate has officially launched real stock trading services, allowing users to directly participate in the U.S. mainstream securities market for stocks and ETFs using USDT. Currently, Android users can experience the stock trading feature by updating the Gate App to the latest version, while iOS users can access the related services after updating to version 8.21.5. Unlike the widely discussed stock tokenization and RWA mapping models in the current market, Gate's stock service does not involve on-chain mapped assets or tokenized derivatives. Instead, it connects directly to the real securities market through compliant brokers holding U.S. Broker-Dealer licenses and clearing qualifications, providing users with real stock trading services.The brokers collaborating with Gate are also members of the Securities Investor Protection Corporation (SIPC) and can provide corresponding protection for clients' securities assets under certain conditions. This model aims to enhance trading transparency, asset security, and investor protection mechanisms, reflecting Gate's ongoing expansion in accessing traditional financial markets.

Robinhood's stock price rose by 11.29% due to the official launch of the U.S. government-supported "Trump Accounts" children's investment account application.According to the announcement, eligible U.S. children under the age of 18 can open tax-advantaged investment accounts. Children born between 2025 and 2028 with a valid Social Security number will receive an initial funding of $1,000 provided by the U.S. Department of the Treasury, and family members and employers can contribute an additional total of up to $5,000 each year.Robinhood Securities will serve as the initial trustee for the program, responsible for managing account assets. Account funds will be automatically invested in low-cost index funds, and users can view investment performance and account growth through the App. The program is expected to officially launch on July 4, 2026.

According to The Block, asset management company VanEck officially launched the VanEck BNB ETF (ticker: VBNB) on Thursday, becoming the first exchange-traded product in the United States to offer spot exposure to BNB. VBNB is backed by physical BNB held in a cold wallet at Anchorage Digital Bank, with a management fee of 0.39%, and currently does not support staking functionality.

The tokenized U.S. Treasury fund VBILL under VanEck has officially launched on the DeFi lending protocol Euler. The fund is issued and tokenized by Securitize, allowing investors to use tokenized U.S. Treasuries as collateral for on-chain lending and liquidity operations, while also meeting compliance requirements. This move reflects that DeFi protocols are accelerating their transformation towards institutionalization and compliance to attract traditional financial capital into the on-chain market.Data shows that the scale of tokenized U.S. Treasuries has surpassed $15 billion, growing approximately 150% over the past year. Traditional asset management giants such as BlackRock, Franklin Templeton, and Janus Henderson have all launched on-chain Treasury or money market products. Euler has previously integrated Securitize's DS Protocol to support the access of tokenized securities with investor qualification restrictions and transfer rules to the lending market. DeFi protocols like Aave are also laying out institutional-level RWA business. Institutions expect that the asset tokenization market could reach $18.9 trillion by 2033. Securitize executives stated that as traditional financial institutions enter the crypto space, DeFi protocols must find a balance between openness and compliance requirements.

According to Cointelegraph, VanEck CEO Jan Van Eck stated that he remains optimistic about Bitcoin in the long term, but warned that 2026 is historically a down year in the four-year halving cycle. He noted that institutional adoption has fundamentally remained unchanged, lacking catalysts for significant price increases.

According to CoinDesk, Wall Street clearing giant DTCC announced that its tokenized securities platform plans to connect to the Stellar (XLM) network in the first half of 2027, bringing tokenized stocks, ETFs, and U.S. Treasuries hosted by the Depository Trust Company to Stellar. Both parties stated that this integration will support the issuance, settlement, and full lifecycle management of traditional securities on-chain, and explore the tokenization of highly liquid assets, including major stock indices and U.S. Treasuries.

Gate announced the completion of a new round of product upgrades for Gate Pay for AI Agent and the launch of multiple new features, further enhancing the payment and automatic execution capabilities in AI Agent scenarios. This upgrade focuses on core capabilities such as service discovery, automatic payment, pay-per-use billing, high-frequency micro-payments, multi-wallet collaboration, and automatic settlement, further integrating the payment mechanism into the AI workflow.The upgrade emphasizes enhancing the service discovery and automatic payment capabilities of Gate Pay for AI Agent. Within the scope of user authorization, AI can automatically complete payments, signatures, and result retrieval based on payment requirements during the service invocation process, reducing the need for frequent user intervention and allowing complex tasks to be completed continuously within a unified process. At the same time, Gate Pay for AI Agent supports aggregated payments and automatic settlements for high-frequency, small-value calls, thereby reducing payment overhead and improving overall execution continuity, significantly enhancing execution efficiency and reducing transaction friction.In the future, Gate will continue to promote the capability development of Gate Pay for AI Agent in the directions of automated payments, on-chain settlements, and AI service collaboration, further connecting AI Agents, digital assets, and real commercial scenarios, providing more open and efficient infrastructure support for the next generation of AI-native economy.

Bitget announced the launch of a licensed financial protocol called Reality, focused on the tokenization of real-world assets (RWA). The issued tokenized stocks (rTokens) are strictly pegged 1:1 to the underlying U.S. stocks, with assets held by a FINRA-registered, SIPC-protected U.S. brokerage, and real-time reserve proof provided through third-party independent audits. By directly accessing liquidity pools of U.S. stocks such as Nasdaq and NYSE, Reality's stock tokens can achieve liquidity on par with traditional brokers; at the same time, stock dividends will be distributed to user accounts in token form 1:1, while cash dividends will be automatically converted and issued as USDT. Stock splits and mergers will also be reflected in real-time on-chain tokens, closely aligning with the experience of holding U.S. stocks.In addition, the U.S. stock tokens launched by Reality are deeply integrated into the Bitget ecosystem, serving as margin for unified accounts and compatible with core product lines such as grid trading, signal following systems, and staking and lending.Bitget CEO Gracy Chen previously proposed the "10% vision": currently, tokenized stocks account for only 0.1% of the $125 trillion global stock market, and she predicts that this proportion will rise to nearly 10% by 2030. Reality is built on this trend, initially focusing on U.S. stocks, with plans to expand asset classes in the future, promoting Bitget's UEX strategy to extend to a broader global financial asset access layer.

Arthur Hayes stated that as large tech companies, governments, and AI continue to expand their surveillance capabilities, monetary privacy will "become very necessary" in the future.Arthur Hayes mentioned that this is also the reason he has chosen the privacy coin Zcash (ZEC) as his second-largest personal holding.

According to SolanaFloor monitoring, a scam gang is impersonating Jupiter, airdropping fake CJUP tokens to wallets, and enticing users to connect to a scam website to steal assets.

The globally leading cryptocurrency trading platform Gate held an offline high-end reception titled "Gate x Inter XIII: Champion's Circle" on May 21 in Milan, Italy at Sublime Milano.The event invited nearly a hundred core guests to engage in deep interaction and communication around the championship moments of Inter Milan and the theme of Gate's thirteenth anniversary. During the event, guests visited the Inter Milan headquarters to view the championship trophy tour, participated in the Gate thirteenth anniversary celebration ceremony, and sang birthday wishes together with legendary football stars.In the interactive session, there was also an opportunity for autographs and photos, along with a pizza and drinks networking reception, further strengthening the community connections among guests. At the end of the event, Gate Europe CEO Giovanni Cunti personally delivered a speech, expressing sincere gratitude for the long-term support of community members and demonstrating Gate's firm determination to deepen its presence in the European market through high-profile sports cross-industry collaborations.Leveraging the championship heat and global attention of Inter Milan's "double crown" this season, Gate is enhancing the real connection between the brand and users through offline deep experiences and interactions with top sports IPs. Previously, Gate Europe CEO Giovanni Cunti attended the Malta Digital Assets Forum 2026 roundtable discussion on May 14, sharing insights on regulatory practices and industry development trends following the implementation of MiCA. Gate is promoting the integration of Web3 culture in broader scenarios through a dual strategy of sports IP collaboration and compliance dialogue in Europe.

According to Jinshi reports, European Central Bank Governing Council member Lane stated that it may be necessary to raise interest rates to maintain credibility in adverse circumstances. He pointed out that the current situation is developing towards an adverse scenario.