Metaplanet will cut 131.3 million potential shares and form a $1 million Hong Kong subsidiary for trading in Bitcoin, equities and credit products. Metaplanet CEO Simon Gerovich said the Japanese Bitcoin treasury company will further amend its Series 10 stock acquisition rights amid shareholder backlash over dilution concerns. Metaplanet will reduce the number of potential shares underlying the rights by 131.3 million, from 319.464 million to 188.19 million, by resetting the conversion ratio from 1:696 to 1:410, the level before its September 2025 international share offering, Gerovich announced in a Friday X post. Shares already delivered through prior exercises will not be returned or canceled. The reduction applies to the number available through future exercises. Read more
Why would anyone want to trade a healthcare stock for a memecoin like BONER? Why wouldn’t they, ask the degens on Robinhood Chain who are building a strange new corner of DeFi. The HIMS token is designed to track shares of the teleheath company Hims & Hers, which trade on the New York Stock Exchange (NYSE). On Robinhood Chain, traders can buy and sell the tokenized stock alongside other crypto assets like memecoins. And that’s what happened with BONER. The deliberately ridiculous memecoin was paired with HIMS in a liquidity pool, where traders could swap between the two tokens. Read more
ARK 21Shares accounted for $164 million of Thursday’s Bitcoin ETF withdrawals, while Ether and Solana funds also recorded net outflows. US spot Bitcoin exchange-traded funds (ETFs) registered their largest daily outflow in nearly two months, reversing part of the $3.8 billion in net inflows recorded during the funds’ strongest three-week stretch of 2026. The spot Bitcoin (BTC) ETFs logged $282.6 million in net outflows on Thursday, marking the largest net outflow since the $424.7 million outflow recorded on July 13, according to SoSoValue data. Total net assets across the funds stood at $97.5 billion. The ARK 21Shares Bitcoin ETF (ARKB) accounted for the largest share of Thursday’s outflows, at $164 million, followed by Grayscale’s Bitcoin Trust ETF (GBTC) with $36 million and Fidelity’s FBTC with $33.6 million. Read more
Bitstamp accounted for $10.1 billion of Robinhood’s August crypto volume, while trading on the Robinhood app fell 46% from a year earlier. Robinhood’s crypto trading volume rose 61% month-on-month to $17.5 billion in August, though it remained 38% below the year-earlier level. The online brokerage said in its August 2026 monthly operating report, published Thursday, that Bitstamp accounted for $10.1 billion of the total, while the Robinhood app accounted for $7.4 billion. Bitstamp’s volume rose 53% from July but fell 30% year-on-year, while the Robinhood app volume increased 72% month-on-month but dropped 46% from August 2025. Read more
The Italian bank is reportedly seeking assistance in launching access to crypto trading, custody and tokenized investment products. UniCredit Bank is seeking a technology provider that would allow it to build infrastructure for digital asset trading, custody and access to tokenized investment products. The Italian bank’s discussions are still in the early stages, with areas of interest including crypto custody and brokerage capabilities, tokenized investment products and stablecoin-based fixed-income securities, people familiar with the matter told Bloomberg on Friday. Cointelegraph has approached UniCredit for comment on what technology provider might fill this infrastructure gap. Read more