A dense 24-hour news cycle brought fresh filings, earnings, market calls and regulatory signals across crypto and adjacent tech markets. Fidelity filed an amended registration statement with the U.S. Securities and Exchange Commission on Aug. 11 to add ETH staking to its spot Ethereum ETF, the Fidelity Ethereum Fund (FETH). Under normal conditions, the fund said it could stake as much as 100% of the ETH it holds, with no minimum staking threshold, and its investment objective would change to include staking rewards if approved. Elsewhere, some existing Anthropic investors said the AI company could be valued at more than $2 trillion if it goes public as early as October, with one investor putting the upside case at $3 trillion based on a roughly 30x revenue multiple. The estimates remain investor forecasts, and several investors said Anthropic management has not set an IPO valuation target. The session also featured quarterly updates from Bullish, BitGo and Securitize, new SEC steps around tokenized fund operations and tokenized equities, ETF flow data for Bitcoin and Ethereum products, and a series of policy, infrastructure and security developments spanning Europe, the U.K., Brazil and the U.S.

Tether, the issuer of USDT, has completed its first full annual financial audit, with KPMG U.S. issuing an unqualified opinion on the company’s 2025 financial statements. According to Tether’s announcement, the audit covered the balance sheet, income statement, and cash flow statement, along with transaction records, internal controls, ownership files, valuation methods, and counterparty information. KPMG also physically inspected Tether’s gold bars in storage rather than relying only on custodian records. The audit found that Tether’s reserve assets exceeded liabilities by $6.814 billion as of Dec. 31, 2025, setting a new high for excess reserves. The company said the result marks a step beyond the quarterly reserve attestations it has published for years, which differ from a full audit in scope and testing depth. Tether also disclosed broader business figures in the report. The company said it generated more than $10 billion in net profit in 2025, while net operating profit in the second quarter of 2026 reached $1.5 billion, largely from interest income on U.S. Treasuries and repurchase agreements. Tether put USDT’s market capitalization at about $183 billion, representing 61% of the $301 billion stablecoin market.

Crypto markets saw a dense mix of policy, institutional and infrastructure developments over the past 24 hours. Hyperliquid is exploring a compliant route into the U.S. perpetual futures market, according to The Information, a move that would matter because the platform does not currently serve U.S. users. At the same time, GSR markets head Spencer Hallarn said in an interview with Cryptonomist that many tokenization platforms still lack meaningful trading activity, arguing the bottleneck is platform design rather than demand for tokenized assets. Elsewhere, MARA disclosed in an SEC filing that it pledged 18,750 BTC to secure two bitcoin-backed loans totaling $750 million, with proceeds set to support general corporate purposes and its acquisition of Long Ridge Energy & Power. New York City Council has also opened an inquiry into advertising practices across prediction market platforms including Polymarket and Kalshi, adding another layer of scrutiny to the sector. Other major items included Fidelity’s plan to add staking and quarterly cash distributions to its spot Ether ETF, a Coreum bridge exploit that drained nearly 200,000 XRP, and data showing public bitcoin miners have sold about 28,000 BTC this year. The session also featured updates on Bitmine’s growing ETH treasury, Kalshi’s fundraising push, and a fresh warning from Australia’s ASIC over the digital asset platform Yepbit.

A wide set of crypto and adjacent market developments landed over the past 24 hours, led by DeepSeek’s latest financing and a fresh policy push in South Korea. DeepSeek’s operating entity, DeepSeek SeekDeep, completed the first signing round of its new fundraising in Hangzhou on Aug. 10. The round is sized at 50 billion yuan with a pre-money valuation of about 500 billion yuan, up more than 40% from the roughly 350 billion yuan valuation attached to its first round completed in June. The first batch of capital is due as early as Aug. 30, and the company said the proceeds will go toward compute, model research, hiring, and possible domestic listing preparations. In South Korea, People Power Party lawmaker Jeong Seong-guk plans to submit a bill that would delay taxation on income from virtual assets by three years, moving the effective date from Jan. 1, 2027 to Jan. 1, 2030. Under the current framework, gains from virtual asset transfers or lending would be treated as “other income,” with profits above 2.5 million won taxed at 22%, including local income tax. The digest also highlighted the fallout from the Coldcard wallet vulnerability, which Forbes said has now led to about $130 million in stolen bitcoin tied to roughly 2,000 BTC and more than 5,200 addresses. That episode has revived the debate between self-custody and institutional custody, while U.S. spot bitcoin ETFs and spot ether ETFs posted weekly net inflows of $854 million and $245 million, respectively.

The UK Financial Conduct Authority is discussing a regulatory framework for tokenized gold with major banks, according to BlockTempo, in a move tied to the country’s push to digitize financial markets and protect London’s position as a global gold trading hub. The regulator is expected to outline a plan for developing the relevant standards in the coming months. The report places the initiative within a broader regulatory sequence. The UK had already brought stablecoins into a formal regulatory system in 2025, with the FCA and the Bank of England jointly setting standards for systemic stablecoins. In May 2026, the two authorities also published a shared vision for tokenization in UK wholesale markets, backing the use of tokenized infrastructure to improve clearing and settlement efficiency. BlockTempo said the latest effort suggests the UK is extending tokenization policy from stablecoins and wholesale-market infrastructure into real-world assets. The article also links the move to rising on-chain gold activity and notes that London, which it describes as the world’s largest gold trading center with more than 40% of daily global gold trading volume, risks losing standard-setting influence if other jurisdictions move first. The FCA has not yet released a timetable, detailed compliance requirements, or any decision on whether existing tokenized gold products such as PAXG would connect directly to the future framework.

A busy news cycle from Aug. 6 to Aug. 7 brought a mix of crypto regulation, market structure, corporate disclosures, and AI-linked developments. Dow Protocol said claims that OKX Ventures had invested in the project were false and said a list of investors would be released this week without OKX Ventures on it. The U.S. Senate, meanwhile, decided to delay a vote on the Clarity Act until September, extending uncertainty around a major federal crypto bill. Outside Washington, Thailand confirmed a five-year capital gains tax exemption on crypto trades executed through Thai SEC-licensed venues from Jan. 1, 2025 through Dec. 31, 2029. MetaMask introduced a self-custodial AI wallet that lets agents execute on-chain transactions within user-defined limits, and Wintermute registered a broker-dealer subsidiary with the U.S. Securities and Exchange Commission and FINRA. The update set also included Binance Alpha’s AGT and AIA blind box airdrop, Cipher Digital’s sale of 1,619 BTC at a realized loss, a Chainalysis report on more than $30 million in violent robbery losses targeting crypto holders in the first half of 2026, Bernstein’s renewed $140 target on Circle, and several funding, hardware, and security stories tied to the broader AI sector.

Precious metals extended an advance for a second straight session on Aug. 6, with capital rotating around safe-haven demand, according to WEEX TradFi market data. Gold, silver and platinum all moved higher over the latest 24-hour window: GOLD (PAXG) gained more than 4.88%, SILVER (XAG) rose more than 4.71%, and PLATINUM (XPT) climbed more than 2.30%. The synchronized move put all three metals on an uptrend at the same time. WEEX Labs said the rally is mainly driven by repair trading after a recent pullback. Market participants are weighing geopolitical risks as well as moves in the U.S. dollar and Treasury yields, which has brought renewed focus to gold's safe-haven and portfolio diversification attributes. WEEX TradFi's trading carnival is now live, with zero-slippage execution, first-order compensation, and a 200 USDT reward for new users. The data was flagged by ChainCatcher on Aug. 6, citing WEEX TradFi's market snapshot.

Blockchain data platform BirdEye has published its first research report dedicated to the tokenized gold market, examining the sector through five lenses: market size, trading volume, holder distribution, gold perpetuals, and lending activity. The report shows that as of July 2026, the global tokenized gold market was worth about $4.56 billion, spanning 14 tokens backed by physical gold and six products that tokenize traditional gold ETF shares. Within that dataset, Matrixdock’s XAUm appears across multiple sections, including market capitalization, holder counts, trading volume, and lending activity. BirdEye does not single out XAUm for a standalone judgment, but its inclusion indicates that the product has entered the firm’s ongoing statistical coverage of the tokenized gold segment. At the time of BirdEye’s count, XAUm had a market cap of about $66 million and roughly 66,100 holder addresses, with around 60,600 of those on Plume. The report also points to a broader change in how the sector is being assessed. BirdEye’s framework goes beyond issuance and market cap, placing equal weight on whether tokenized gold is actively circulating, trading, and being used in lending and other onchain financial applications. That shift, reflected in data across Solana, Sui, BNB Chain, Plume, and other ecosystems, suggests competition in tokenized gold is extending from asset issuance into infrastructure and distribution.