Mizuho analysts reaffirmed an "outperform" rating and a $26 price target on Gemini Space Station, even as the stock trades near all-time lows around $5.90. They argued that recent executive departures and market turmoil are largely priced in, while cost cuts, a 25% workforce reduction and exiting the UK, EU and Australia could support margin improvement over time. Their valuation framework also includes a $43 bull case and an $8 bear case, both above the current share price.

Russia is preparing to restrict access to overseas crypto exchange websites from September 1 unless platforms comply with new domestic requirements. The plan channels users toward locally licensed venues operating under experimental legal regimes, alongside accelerated efforts to launch state-backed exchanges in Moscow and St. Petersburg with stricter KYC and capital standards.

ProShares has launched the ProShares GENIUS Money Market ETF (NYSE Arca: IQMM), a vehicle built to hold assets eligible as reserves for dollar-pegged stablecoins under U.S. law. The fund confines holdings to cash and U.S. government securities maturing in 93 days or less, while stablecoin supply sits just under $300 billion, according to The Block's data.

On May 29, 2026, CME Group plans to introduce 24/7 trading for its cryptocurrency futures and options, subject to final regulatory approval. The new schedule will cover products tied to Bitcoin, Ether, Solana, XRP and other recently listed tokens, and is designed to mirror the continuous trading seen in spot crypto markets. The change follows record notional volumes in 2025 and rising institutional participation in CME's digital asset contracts.

Omnicom Group said its board approved a $5 billion share repurchase, including a $2.5 billion accelerated program funded with cash on hand. The stock rose to $77.78, up $7.62 or about 10.84% at 10:06 AM EST on February 19, 2026, after posting record Q4 2025 revenue of $5.53 billion.

CME Group plans to introduce round-the-clock trading for cryptocurrency futures and options on May 29, 2026, pending regulatory review, covering assets such as BTC and ETH. The derivatives marketplace reported $3 trillion in notional crypto derivatives volume in 2025 and a 46% year-over-year rise in average daily crypto futures volume in 2026. The move aims to align its regulated products with the continuous trading hours of digital asset spot markets as institutional demand grows.

After 360T integrated the Kraken-backed xStocks platform on Feb. 9, Deutsche Börse executive Carlo Kölzer said tokenization reflects an evolution in market infrastructure rather than a threat. He outlined a plan for a hybrid setup linking traditional and tokenized assets, while addressing regulatory questions and concerns over synthetic "paper Bitcoin" exposure.

Dragonfly Capital closed its fourth $650 million fund in a venture environment described as a “mass extinction event,” signaling that institutional backing for select crypto managers persists. Data from Binance Research, Keyrock, Animoca Brands Research, Memento Research, and Tokenomist show how low-float, high-FDV token launches and large unlock schedules have driven systematic dilution and price pressure. While some projects like Backpack, Jupiter, and USDai experiment with KPI-based unlocks, revenue-linked buybacks, or fully transparent token sales, others face heavy overhang from insider unlocks and thin liquidity. Whether new VC capital flows into token-heavy structures or fintech rails without tokens will shape how much of this funding actually benefits liquid crypto assets.