U.S. stocks finished higher, with the Dow up 0.98%, the S&P 500 up 0.43%, and the Nasdaq up 0.43%, according to MSX.COM data. The VIX fell 5.5% at the close. AI-related stocks also moved higher, led by Tempus AI, which rose 9.06%. SoundHound AI gained 5.02%, while Snowflake, Palantir and EPAM also posted advances. MSX was described as a leading RWA trading platform with hundreds of RWA tokens already listed, covering tokenized names tied to Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD, along with ETF-related tokenized assets.

U.S. stocks opened in positive territory, according to data from MSX.COM, with the Dow Jones Industrial Average up 0.52%, the S&P 500 up 0.41%, and the Nasdaq up 0.47% at the open. The VIX volatility index fell 3.25%. AI-related stocks also moved higher in early trading. Super Micro Computer gained 2.66%, while Baidu rose 2.43%. Astera Labs added 2.19%, Taiwan Semiconductor Manufacturing Co. climbed 2.03%, and Ambarella advanced 1.87%. Odaily said MSX is a major real-world asset, or RWA, trading platform. The platform has listed hundreds of RWA tokens tied to popular U.S. stocks and ETFs, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

TradingBeats said on Aug. 21 that a recent BTC rally appears to be drawing on-chain attention back to crypto from U.S. and South Korean equities. One address highlighted by the platform, 0xb5…7a08, has shown a clear change in asset preference. The address had previously been active for an extended period in equity-linked trades tied to major U.S. technology and AI names, including Microsoft, Nvidia, Meta, Amazon, Alphabet, Apple, Oracle, NBIS and SPXC. Its cumulative trading volume across those positions reached $131 million, according to TradingBeats. In recent days, the address reduced trading activity tied to U.S. stocks and shifted its main risk exposure back to the crypto market. Trading records show it began adding aggressively to long BTC and ETH positions on Aug. 19, buying 15 BTC near $65,962 and another 170 BTC near $68,196, while also opening a 4,000 ETH long. The account is now centered on BTC and ETH, with total net asset value at about $7.3955 million and unrealized profit at roughly $6.5597 million. BTC is currently the largest position, with a 40x leveraged long of 460 BTC carrying a notional value of about $35.7944 million. The average entry price was $66,720.90, and the unrealized profit stood near $5.1027 million. The address also holds a 20x leveraged ETH long worth about $9.5988 million, opened at an average of $2,038.20, with ETH quoted around $2,399.70 and unrealized profit of about $1.446 million.

Bitget’s Aug. 21 UEX daily report tracked a market driven by Treasury buyback plans, higher oil prices, Jackson Hole expectations and fresh AI financing headlines. U.S. Treasury Secretary Scott Bessent said long-dated Treasury buybacks would be expanded by at least twofold, with a single operation next month possibly topping $4 billion, while new fiscal consolidation measures could be unveiled as soon as this weekend or early next week. The report also said Anthropic could publicly file for an IPO by the end of August, with fundraising that may match or exceed SpaceX’s prior record, and noted Broadcom’s reported talks on roughly $100 billion of AI-related debt financing. Across markets, U.S. equities retreated as the Dow, S&P 500 and Nasdaq all closed lower, while crypto remained firm. BTC rose about 5.88% to around $73,600, ETH gained 3.04% to about $2,338, and total crypto market capitalization climbed to $2.55 trillion. The report linked the move to crypto policy expectations, lingering momentum from White House discussions, ETF inflows and short covering. It also highlighted Grayscale’s Zcash research, CoinDesk’s note on a possible Bitcoin golden cross, and the upcoming Aug. 28 Jackson Hole speech from Federal Reserve Chair Kevin Warsh as key events for traders to monitor.

US stocks finished lower, according to data from MSX.COM, with the Dow Jones Industrial Average falling 1.32%, the S&P 500 dropping 0.87%, and the Nasdaq declining 1%. The VIX volatility index rose 7.52% at the close. AI-related stocks broadly moved down in the session. AeroVironment fell 7.5%, Intuitive Surgical lost 5.84%, CrowdStrike dropped 5.6%, Ambarella declined 2.87%, and Palo Alto Networks slipped 2.84%. The update also noted that MSX is a major RWA trading platform that has listed hundreds of RWA tokens, covering popular US equities and ETF tokenized assets including NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Crypto exchanges are pushing deeper into equities, turning stocks into one of the clearest product expansion paths in this market cycle. CoinGecko data cited in the report shows monthly stock perpetual volume across the top 13 crypto trading platforms climbed from about $831 million in July 2025 to roughly $34 billion in May 2026, a jump of nearly 40 times in less than a year. TradFi and RWA perpetuals spanning stocks, commodities and indexes reached $347.17 billion in May 2026 alone, with year-to-date volume above $1.32 trillion. The landscape is no longer limited to synthetic price exposure. Binance, Kraken, OKX, Bitget, Gate, Coinbase and Backpack are each combining different layers of product infrastructure, including direct access to real U.S. stocks and ETFs, tokenized stocks backed 1:1 by underlying securities, onchain-transferable equity tokens, stock perpetuals, CFDs and pre-IPO contracts. Their structures differ in important ways, especially around custody, investor rights, redemption and whether users actually own shares or only gain economic exposure. The report argues that crypto stocks remain early relative to traditional equity markets, with CoinGecko data indicating activity in crypto stock derivatives is still less than 1% of traditional stock market volume. Even so, the segment is moving from a niche RWA experiment toward a core competitive arena for centralized exchanges that want to extend from crypto into broader financial trading.

Crypto stock products are turning into one of the clearest expansion paths for centralized exchanges as they push beyond digital assets and into traditional finance. The competitive set is no longer limited to synthetic price exposure. By 2026, major platforms had rolled out a mix of real stock brokerage, tokenized equities, stock perpetuals, CFDs and pre-IPO products, often inside a single account system. According to CoinGecko figures cited in the source article, monthly trading volume for stock perpetuals across the top 13 crypto trading platforms climbed from about $831 million in July 2025 to roughly $34 billion in May 2026, an increase of nearly 40 times in less than a year. The article also notes that cumulative stock-perpetual volume in the first five months of 2026 had already surpassed the whole of 2025. On the tokenized spot side, xStocks had logged more than $35 billion in cumulative trading volume by July 2026 and nearly 200,000 holders globally, while expanding beyond U.S. stocks and ETFs into Hong Kong, the U.K., Europe and South Korea. The report reviews how Binance, OKX, Bitget, Gate, Kraken, Coinbase and Backpack approach the market through different legal and product structures. It argues that the category now spans four distinct models: traditional brokerage access to real shares, tokenized securities backed by underlying stocks, total-return or synthetic equity tokens, and stock perpetuals or CFDs that do not require 1:1 share backing. The result is a market that is still early by global equity standards, yet increasingly central to how exchanges compete for the next phase of user growth.

US equities ended modestly higher, according to data from MSX.COM, with the Dow Jones Industrial Average up 0.22%, the S&P 500 gaining 0.21%, and the Nasdaq adding 0.16%. The VIX volatility index fell 6% by the close. AI-related stocks broadly moved higher during the session, led by Tempus AI, which climbed 24.09%. Other notable gainers in the group included Marvell, up 9.85%, EPAM, up 7.1%, Atlassian, up 6.89%, and ServiceNow, up 6.45%. MSX also said it is a major RWA trading platform that has listed hundreds of RWA tokens so far. Those offerings cover tokenized exposure tied to popular US stocks and ETF names, including NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD. The update was published by Odaily as a market close snapshot.