RWA ๐ Global & Macro: Crypto-backed PAC Fairshake has trimmed its media spending to $189K in the Massachusetts primary to support Rep. Jake Auchincloss, signaling a more cautious approach to influencing the 2026 elections.
๐ฆ RWA & Institutional: Binance launched options trading on over 1,000 US stocks and ETFs for eligible non-US users, marking a major step into traditional finance. Meanwhile, Strive’s SATA has bought Bitcoin via preferred stock financing for nine straight days, reflecting TradFi’s growing use of structured products for crypto exposure.
โก Crypto & Market Flow: The crypto industry’s political influence continues but with reduced intensity, while exchange and asset manager moves indicate deeper integration between digital assets and traditional markets.
๐ก Key Takeaway: The convergence of crypto and TradFi accelerates as Binance expands into equities options and Strive steadily accumulates Bitcoin, while political spending shifts signal a maturing industry strategy.