Digital asset market update — 2 September 2026
Reporting the 24 hours to 06:00 Europe/London · 311 words · Prepared by 01 Capital
Regulatory and infrastructure developments dominated the past 24 hours, with global financial leaders and regulators advancing frameworks for digital assets. G20 finance officials affirmed that digital assets can support economic growth and innovation, vowing to establish ‘clear pathways’ for the sector (The Block). Concurrently, the U.S. Securities and Exchange Commission (SEC) proposed updates to its transfer agent rules to accommodate blockchain technology and scheduled a roundtable to discuss 24-hour U.S. trading, indicating a focus on modernizing market infrastructure (CoinDesk, The Block). Singapore also advanced its stablecoin rules, proposing 100% reserves and a ban on yields for issuers, aligning with U.S. and EU frameworks and paving the way for foreign stablecoin recognition (CoinDesk, Bloomberg).
Institutional engagement with tokenization and crypto-related services continued. The London Stock Exchange (LSE) is collaborating with Kraken owner Payward to bring top U.K.-listed stocks onchain through the xStocks framework, with 24-hour trading planned (The Block, CoinDesk). Major global banks, including Citi and Goldman, announced a stablecoin venture focused on U.S. dollar and Euro tokens for payments and digital asset settlement (CoinDesk). Binance expanded its offerings, adding options on 1,000 U.S. stocks and ETFs, contributing to a significant increase in TradFi perpetual futures volume on the platform (The Block, Bloomberg). Separately, Hyperliquid Strategies expanded its equity facility to $2.5 billion, having already sold approximately $647 million in shares (The Block).
In market movements, Bitcoin experienced volatility amidst rising oil prices and geopolitical events, specifically Iran strikes, which drove a broad risk selloff impacting major altcoins like Solana, Ether, and XRP more significantly (CoinDesk). However, Bitcoin demonstrated some resilience against $90 oil and rising yields, with its correlation to gold reaching an all-time high (CoinDesk, The Block). Arbitrum’s token, ARB, rallied 30% following record revenue on Robinhood Chain, which reached $1.9 million (CoinDesk).
Institutional participants are likely to monitor the outcomes of the SEC's proposed rules and 24-hour trading discussion.
How 01 Capital reads this
01 Capital is a research and intelligence firm specialising in the structures, behaviours and economics unique to digital assets. We provide valuation intelligence, tokenisation, transaction support and strategic and board advisory to institutions, asset managers, corporate treasuries and advisers.
Sources
- The Block — G20 finance leaders vow to establish ‘clear pathways’ for digital assets innovation
- CoinDesk — SEC proposes transfer agent rule, sets event to figure out round-the-clock U.S. trading
- The Block — SEC seeks to update its 1970s-era transfer agent rules for the blockchain age
- CoinDesk — Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
- Bloomberg — Singapore Advances Stablecoin Rules as Global Adoption Picks Up
- The Block — Kraken parent Payward to tokenize 100 London-listed stocks, with LSE 24 trading planned
- CoinDesk — London Stock Exchange to work with Payward to bring biggest UK stocks onchain
- CoinDesk — Citi, Goldman, other global banks and asset managers team up on stablecoin venture
- The Block — Binance adds options on 1,000 US stocks and ETFs as monthly TradFi perpetual volume hits $433 billion
- Bloomberg — Binance Offers Access to Options Tied to US Stocks, ETFs
- The Block — Hyperliquid Strategies expands equity facility to $2.5 billion from $1 billion
- CoinDesk — Solana, ether, xrp lead majors slide as Iran strikes drive a broad risk selloff
- CoinDesk — Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch
- The Block — Bitcoin and gold move in lockstep as debasement trade gains more steam
- CoinDesk — Robinhood's new crypto network is printing cash, and it's sending Arbitrum's token soaring
- CoinDesk — Bitcoin consolidates near $78,000 as Arbitrum surges 30% on Robinhood Chain revenue
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