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SEC weighs ‘innovation exemption’ to let tokenized stocks trade on crypto platforms

The SEC is reportedly exploring a framework that would allow tokenized versions of publicly traded equities to trade on blockchain-based venues, including DeFi and ATS platforms. The proposal, which may restrict listings to tokens that preserve core shareholder rights, would mark the biggest U.S. market-structure shift for equities since the rise of electronic exchanges and could accelerate the convergence of traditional and crypto-native infrastructure.

Source: SeekingAlpha All


SEC rescinds decades-old “no-deny” settlement rule, reshaping enforcement strategy

The SEC eliminated Rule 202.5(e), ending its long-standing practice of barring defendants from publicly denying allegations after settling. The Commission said the rule’s practical benefits were limited, complicated First Amendment issues, and was rarely enforceable in practice—opening the door to more flexible settlements while ceasing attempts to police past no-deny clauses.

Source: FinanceFeeds


Commerzbank rejects UniCredit’s bid as “too low,” escalating cross-border banking battle

Commerzbank’s board urged shareholders to reject UniCredit’s exchange offer, calling it vague, risky, and insufficient to reflect the German lender’s value. The formal rebuff sets up a tense shareholder showdown and underscores the strategic stakes of European consolidation as UniCredit presses its case for a larger cross-border bank.

Source: FinanceFeeds


Standard Chartered to absorb Zodia Custody into bank operations, tightening control of digital asset services

Standard Chartered agreed to acquire the custody business of Zodia, its majority-owned unit, and bring it under the bank’s core digital-asset infrastructure. The move aligns custody with its MiCA-anchored European strategy, streamlines overlapping platforms, and signals that bank-owned, regulated crypto services are becoming the institutional standard.

Source: FinanceFeeds


IG Group lifts 2026 guidance after Q1 revenue jumps; non-leveraged and crypto lines gain traction

IG reported Q1 organic total revenue of £331.2m (+19% YoY) and raised full‑year guidance to 10–15% organic growth, citing strong OTC derivatives, accelerating stock & investment flows (including via Freetrade), and early spot-crypto contributions following its Independent Reserve deal. Management also pointed to faster client growth and a mid‑80s% retention rate, with a strategic review due later this year.

Source: Finance Magnates


OpenAI pilots personal finance inside ChatGPT for U.S. Pro users via Plaid

OpenAI introduced a finance suite that links bank, card, loan, and investment accounts through Plaid, enabling ChatGPT to analyze spending, liabilities, subscriptions, and portfolios—and to generate personalized plans in natural language. The company is testing deeper integrations (e.g., with Intuit), signaling a push toward ChatGPT as a “personal CFO” interface across budgeting, taxes, and embedded financial actions.

Source: FinanceFeeds


Interactive Brokers integrates prediction markets across Kalshi, CME, and ForecastEx into a single interface

IBKR launched a unified trading environment for event contracts, letting clients search, compare, and route orders across multiple venues without separate accounts or collateral moves. The integration brings prediction markets further into mainstream multi-asset infrastructure, broadening institutional access to macro, political, and data-driven event exposures.

Source: FinanceFeeds


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Kalshi tops $4B weekly notional, setting a new record

Standard Chartered folds Zodia Custody into bank infrastructure

SEC may greenlight tokenized stocks on crypto platforms

Business — May 19, 2026 | Briefing24