Robinhood’s offshore tokens do not convey shareholder rights, while the SEC’s new US trading framework gives issuers a limited right to object.
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The European offering will serve corporate and institutional clients, with expansion into Asian financial centres targeted for 2027.
The July trial covered issuance, transfer and redemption for Mitsubishi Corporation, while the banks have targeted commercial transactions in fiscal 2026.
Trump-affiliated World Liberty Financial was made aware of the fundraising but is not participating, according to Bloomberg.
The new social smart contract gives the core team authority to update conduct rules, with humans and AI already reviewing posts.
The sale includes Persona’s intellectual property, a treasury of 957 NFTs and the UNA token contracts, with offers due November 2.
INJ outpaced NEAR, Sei and Cosmos Hub over 24 hours, while a proposed 21Shares fund would hold the token directly and allow discretionary staking.
