UBS: Global AI sector capital expenditure will rise to $1.4 trillion by 2027, with 90% of the increase driven by memory price hikes.

According to official announcements, PancakeSwap has launched a Pre-Access portal, offering users a channel to gain exposure to relevant tokenized assets ahead of potential corporate listings. The initiative operates on a limited-time subscription model: PancakeSwap provides the event entry, a third-party service provider manages the underlying tokenized exposure, and users can access the relevant event page via Binance Wallet. Each event page will disclose key details including company and token information, subscription assets, issuance price, implied valuation, event timeline, distribution arrangements, and risk disclosures. Eligible users, after completing the qualification check and accepting the relevant terms, may subscribe via self-custody wallets, with assets remaining under their own control. Specific allocation rules, subscription limits, and eligibility requirements are subject to the official terms of each individual event. Following the event’s conclusion, participants will proceed to either a redemption or refund process per the specific rules. Eligible users will receive their corresponding tokenized exposure once the redemption window opens; users who fail to meet relevant conditions or are required to refund based on event outcomes will get a refund. PancakeSwap reminds users to carefully review each event’s redemption schedule and terms before participating.

On-chain analyst Ai Yi (@ai_9684xtpa) reports that GSTOCK surged more than 170% intraday. A trader added to their position at the peak, spending a total of $261,000. The address first purchased GSTOCK two days ago, then increased their holdings again during a 20-minute sharp rally. Currently, the address holds 12.31 million GSTOCK at an average price of $0.02117 per token, with an unrealized profit of $51,000, ranking as the token’s fourth-largest holding address.

Longtime Bitcoin critic Peter Schiff argued in a post that Bitcoin’s sharp surge following the U.S. Securities and Exchange Commission (SEC)’s announcement on tokenized stocks is meaningless. In reality, this news is bearish for Bitcoin, as the cryptocurrency now has to compete with tokenized securities. Tokens backed by profitable, dividend-paying companies hold an advantage over asset-less tokens in terms of digital ownership, and are also more reliable stores of value. Tokenized stocks offer all the conveniences of Bitcoin while eliminating the risk of a decentralized Ponzi scheme collapse.

Gravity Chain official announcement: A significant price dislocation of the G token has been observed across various trading platforms, with spreads between some platforms remaining above 30% for several hours, and once exceeding 40%. This is mainly attributed to liquidity fragmentation and bridge restrictions between the Gravity Alpha mainnet and Ethereum. The official team is actively developing solutions to enable users to quickly and safely bridge assets from the Gravity Alpha mainnet to Ethereum, with further updates to be released later. According to market data, the G token is currently priced at $0.013 on Binance, $0.008 on OKX, approximately $0.0037 on the Gravity Alpha mainnet, and around $0.012 on the Ethereum mainnet.

According to official data, zkSNARKs, an NFT project in the Zcash (ZEC) ecosystem, has broken its issuance price, with its floor price currently at 0.976 ZEC (around $1,420). Previous reports noted that the final clearing reserve price for zkSNARKs' auction was 1.5 ZEC. @LeonidasNFT, a prominent builder in the Bitcoin Inscriptions space, publicly accused the zkSNARKs team of being serial "entrepreneurs" in the Ordinals field, claiming most of their projects are scams.

Binance founder CZ today responded to crypto KOL Jasmy, stating, "The idea of acquiring a listed company via a meme is definitely not something I came up with." Notably, the KOL’s posts on X this week have all centered on GSTOCK, totaling 9 buy calls. According to GMGN market data, GSTOCK has just hit an all-time high, with a current market cap of $20.74 million; earlier this morning, its market cap once dropped below $7 million. The GSTOCK token is paired with BNCB—the on-chain token of BNB treasury firm BNC—as its liquidity pool base. Genius Terminal, an on-chain trading terminal invested by YZi Labs and with CZ as an advisor, previously announced the official launch of its token issuance platform genius.fun on BNB Chain. The platform allows creators to transfer tokenized stocks such as bSTOCKS to a public foundation and split them, then attempt to exercise equity-related rights off-chain. BlockBeats reminds users that relevant token prices are highly volatile, so caution is advised for investments.