🌐 Global & Macro: US equities opened higher, with Oracle surging over 7% on upbeat sentiment. Chevron’s CEO warned that a war with Iran could sharply raise oil price risks and disrupt global energy markets, underscoring rising geopolitical tensions.
🏦 RWA & Institutional: Zodia Custody CEO Julian Sawyer has stepped down and will serve as a strategic advisor. The leadership change at the Standard Chartered-backed crypto custody venture comes as the institutional digital asset custody sector continues to evolve.
⚡ Crypto & Markets: stakefish founder Wang Chun responded to a lawsuit against the staking provider, warning that allowing validators to adjudicate asset ownership off-chain would harm the Ethereum ecosystem by undermining the neutrality and security guarantees of on-chain validation.
💡 Key Takeaway: Institutional crypto custody sees a leadership shift while a key Ethereum staking dispute spotlights the critical tension between off-chain legal rulings and on-chain neutrality, even as macro markets rally on earnings and brace for geopolitical oil risks.
RWA