Gate Research: Tech Stocks Under Pressure, DTCC Advances Tokenization of $30 Trillion in Assets

• Stock Markets: All three major U.S. stock indices declined, with the Nasdaq falling 2.15% as AI and semiconductor stocks remained under pressure. Hong Kong stocks rebounded, with the Hang Seng Tech Index rising 1.16%, while Southbound funds recorded net outflows of HK$3.568 billion. South Korean equities recovered from oversold levels, with the KOSPI and KOSDAQ gaining 2.05% and 4.46%, respectively.

• Market Overview: The crypto market staged a modest recovery, with BTC rising 0.93% and ETH gaining 0.59%. The Fear & Greed Index stood at 49 (Fear), while spot BTC and ETH ETFs both recorded net outflows, indicating continued caution among market participants.

• Trending Tokens: ARIA (+32.89%), ICNT (+13.76%), and ERA (+10.06%) led the gains, with capital rotating primarily among themes related to AI gaming, decentralized cloud computing, and rollup infrastructure.

• Alpha Insights: DTCC plans to open commercial access to its tokenization services covering approximately $30 trillion in assets. Cysic’s cross-chain bridge was attacked, resulting in the unauthorized minting of 10 million CYS tokens. Charles Schwab began rolling out support for external wallet transfers of BTC and ETH in phases.

Discover more details today → Gate Research: Tech Stocks Under Pressure, DTCC Advances Tokenization of $30 Trillion in Assets

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Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team
October 19, 2026

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