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Tokyo edition · Corrected

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Published 13 Sept, 08:51 UTC

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You are reading a saved edition, not live news. News window: 11 Sept, 23:15 UTC to 12 Sept, 23:15 UTC. Labelled ongoing and upcoming items retain their own dates.

The catch-up

News from the last 24 hours, plus clearly dated ongoing developments and upcoming events.

1-800-Flowers stock token goes live on Solana via Sunrise and Backpack Securities

@sunrise listed a tokenized version of Nasdaq stock 1-800-FLOWERS.COM (FLWS) on Solana on 12 September, issued by Backpack Securities. @solana confirmed the listing is live. Each token is described as redeemable 1:1 for the underlying share through Backpack, including dividend rights. Solana Compass later reported $22.19 million in first-day volume across 20 venues and said the token is not available to US persons. This is a live mainnet listing, not a testnet product.

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Robinhood

Checked, quiet

No material development selected for this edition's coverage window. This is not an exhaustive account. Checked 12 Sept, 23:15 UTC.

Solana

1 development

1-800-Flowers stock token goes live on Solana via Sunrise and Backpack Securities

@sunrise listed a tokenized version of Nasdaq stock 1-800-FLOWERS.COM (FLWS) on Solana on 12 September, issued by Backpack Securities. @solana confirmed the listing is live. Each token is described as redeemable 1:1 for the underlying share through Backpack, including dividend rights. Solana Compass later reported $22.19 million in first-day volume across 20 venues and said the token is not available to US persons. This is a live mainnet listing, not a testnet product.

Why it matters Tokenized stocks let people trade a claim on a US share on Solana when Nasdaq is closed, and move it through wallets and apps. A consumer gifting name joining the Backpack and Sunrise roster shows the catalog is widening beyond tech and sports tickers. Anyone researching onchain equities should still check redemption terms, venue liquidity, and the US-person ban before treating day-one volume as a durable market.

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Solana is a public blockchain used for fast, low-cost transactions. A tokenized stock is a blockchain token designed to track a real company share. Backpack Securities is the brokerage that holds the shares and issues the tokens. Sunrise is the venue that lists those tokens onto Solana trading apps so they can change hands around the clock. 1-800-FLOWERS.COM is a Nasdaq-listed US gifting company (flowers, gourmet food brands) based in Jericho, New York. Official posts from @sunrise and @solana on 12 September named the canonical Solana mint FLWSojG1gB5VStYR3Sb4nQFRt43UBYkqih1j2CpVLqgd. Solana Compass, citing tokens.xyz, said the token opened at $27.55, printed $22.19 million of first-day volume, and had about $1.74 million of liquidity across 20 venues, with 3,774 onchain holders as of 19:45 UTC. Those volume and holder figures are third-party tallies, not an official Backpack print. Compass also said holders can redeem tokens for actual shares through Backpack and that the product is closed to US persons. This listing follows other recent Backpack and Sunrise names, including DraftKings on 11 September. Onchain prices can diverge from Nasdaq when liquidity is thin, especially on a weekend, so the 1:1 redemption path is the feature to watch rather than the first-day percentage move.

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Base

1 development

Tokenized stocks on Base hit $100 million in a single day, Token Terminal says

@tokenterminal reported that tokenized stocks on Base set a new daily decentralized-exchange volume high of $100 million. Thirty-day volume reached $730.9 million, with Aerodrome accounting for $557.1 million (76%) and Uniswap v4 $139.3 million. @jessepollak , who built Base, said the chain went from zero to $100 million in daily stock volume in 26 days. These tokens are live Coinbase-issued equity tokens on Base, Coinbase's Ethereum layer-2 network, not a testnet print.

Why it matters Base is now printing a full day of onchain stock trading that would have been a rounding error a month ago. That matters for anyone comparing where tokenized US equities actually trade, which DEX takes the fees, and whether Coinbase's stock tokens are being used as DeFi inventory rather than just a brokerage wrapper. The figure is a one-day high, not proof the flow will hold.

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Base is the Ethereum layer-2 network incubated by Coinbase. A layer 2 processes transactions off Ethereum's main chain, then posts them back, which is meant to cut fees and speed settlement. Coinbase Tokenized Stocks are blockchain tokens meant to be backed 1:1 by real shares and issued for eligible investors outside the United States. They use Base's B20 token standard and trade on decentralized exchanges, mainly Aerodrome, instead of a traditional stock exchange. Token Terminal's 12 September post is the primary data point for the $100 million daily high and the $730.9 million 30-day total. @jessepollak amplified it the same afternoon. A later Token Terminal post the same day said Coinbase's tokenized SpaceX stock (SPCXc) generated a record $6.6 million in DEX volume the prior day, equal to 23% of its $28.5 million total over its first nine days. That SpaceX print is part of the same onchain-equity tape, not a separate product launch. Coverage of the legal wrapper (custodian, dividends, US-person bans) is consistent across earlier Coinbase materials: these are not Nasdaq trades, and US users are generally excluded. Daily DEX volume can include speculative looping around a few names, so the $100 million high is best read as activity, not as $100 million of new long-term holders.

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Arc

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No material development selected for this edition's coverage window. This is not an exhaustive account. Checked 12 Sept, 23:15 UTC.

Elsewhere in crypto

3 developments

Revolut confirms customer identity data was sent after a fake government email request

Revolut told TechCrunch and Reuters it disclosed sensitive customer information after fraudulent requests arrived from a real government-agency email domain. A spokesperson called it a sophisticated impersonation scam, said a limited number of customers were affected, and said systems and funds were unaffected. The customer notice reviewed by TechCrunch listed birth dates, addresses, phone numbers, and copies of passports and driving licences, and said data may also have included selfies, statements, and transaction histories. The Block reported Bitcoin transaction records were among details that may have been exposed. Revolut did not publish a headcount or name the agency.

Why it matters This is a social-engineering failure at a large crypto-enabled neobank, not a chain hack. Anyone who completed Revolut KYC, especially with Bitcoin activity on the account, should watch for targeted phishing and identity misuse. It also shows that a message passing government-domain authentication is not the same as a verified legal request.

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Revolut is a London-based fintech with more than 80 million customers. It offers banking, cards, and cryptocurrency services, including Bitcoin transfers, in many markets. TechCrunch published the company confirmation at 07:40 PDT on 12 September after reviewing a notice emailed to affected customers. Reuters separately quoted a spokesperson saying Revolut blocked the address and alerted the relevant government agency, enforcement bodies, and regulators. Onchain investigator @zachxbt posted images of the customer notice and said both Revolut accounts had blocked him. He and TechCrunch said the incident appeared aimed at a limited set of users, possibly higher-net-worth customers. Revolut has not said when the fake request arrived, how the sender obtained a mailbox on the agency domain, or which country was involved. Passcodes, login details, and biometric templates were described as unexposed in some follow-up coverage, but the face photo used for verification may still have been in the pack. No customer funds were reported stolen. The useful check for readers is whether they received Revolut's notice, then treat any later message that cites the leak as hostile until proven otherwise.

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Ethereum spot ETFs take in $216 million as Bitcoin funds post a fourth outflow day

US spot Ethereum ETFs recorded about $216 million of net inflows on Friday, 11 September, according to SoSoValue figures reported on 12 September. @FarsideUK printed BlackRock ETHA at $148.8 million and ETHB at $18.3 million. US spot Bitcoin ETFs posted a $13.29 million net outflow, a fourth straight outflow session, with Farside showing BlackRock IBIT at -$19.2 million. XRP spot ETFs printed $0.00 net flow the same day. These are live, listed fund creations and redemptions, not an announcement of a new product.

Why it matters Authorized-participant flow is one of the few clean reads on whether regulated money is adding or cutting crypto exposure. A large Ethereum creation day against a fourth Bitcoin outflow day is a positioning change worth tracking into next week's Federal Reserve meeting, not a signal to treat either coin as finished.

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A spot crypto ETF holds the actual asset. Net flow is creations minus redemptions. Trading between two shareholders does not change that number. 24/7 Wall St., citing SoSoValue, said Ethereum funds took in $216 million on 11 September after a $24 million outflow on 9 September, while Bitcoin funds lost $13.29 million and extended a four-day outflow streak after taking in $986.9 million in the week ending 4 September. Farside's 12 September prints are first-hand fund-level evidence for BlackRock's ETHA and IBIT lines. Ether was reported up about 3% on the inflow day, with Bitcoin near $77,000. XRP ETFs turning over $36 million of shares with zero net flow means existing shares changed hands without the funds adding or removing coins. Flow trackers sometimes disagree on totals because of cut-off times, so the directional split (Ethereum in, Bitcoin out) is firmer than any single dollar figure. One session does not establish a lasting rotation. A repeat of Ethereum-sized inflows, or a fifth Bitcoin outflow day, would.

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Christopher Harborne matches Ben Delo's record £36 million donation to Reform UK

Cryptocurrency investor Christopher Harborne wrote in the Telegraph on 12 September that he had matched Ben Delo's record £36 million gift to Nigel Farage's Reform UK, bringing the party £72 million in two days. BBC and Reuters confirmed the second donation. Delo, co-founder of crypto exchange BitMEX, had disclosed his £36 million gift in a Friday Telegraph article. Reform said the money would fund policy staff and campaign managers. Both gifts were reported as sterling cash, not tokens. The House of Lords is due to debate a bill that would cap overseas donations and restrict crypto-linked political funding.

Why it matters Two crypto fortunes just set the UK record for party donations while Parliament is actively arguing over whether to cap them. That changes the political risk file for UK crypto: funding rules, foreign-donor caps, and scrutiny of Tether- and exchange-linked wealth in British politics.

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Reform UK is a British political party led by Nigel Farage. Ben Delo co-founded BitMEX, a crypto derivatives venue, pleaded guilty in 2022 to a US anti-money-laundering breach, and received a pardon from Donald Trump last year, BBC reported. Harborne is a Thailand-based British cryptocurrency investor and Reform's largest prior donor. BBC said Harborne has already given millions to Reform and to Farage personally, and that Farage is under a parliamentary standards investigation over whether a £5 million cash gift from Harborne ahead of the 2024 election should have been declared. Harborne said in the Telegraph that competitive spirit led him to match Delo and that he expected nothing personally in return. Reform said the combined £72 million exceeds what all UK parties received last year (just over £69 million) and would put the party on election footing, including hiring up to 400 campaign managers. Delo said he paid the sum upfront so Labour could not later legislate against it. UK parties currently face no cap on gifts from UK-based donors. The government's Representation of the People Bill includes a £100,000 cap on donations from Britons living overseas. The Block reported the Lords debate is also tied to proposals that would halt crypto donations. Metropolitan Police inquiries into other Reform funding issues are separate and unresolved. These are disclosed political gifts, not an investment product or a crypto-protocol event.

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