Daily Market Wrap | Sep. 16

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Hot Topics

PayPal expands peer-to-peer payments to include crypto transfers like bitcoin and ether, with "PayPal links" for easy sharing and tax-free personal transactions.

SEC Chair Paul Atkins pledges to warn crypto firms before enforcement, targeting fraudsters and dropping cases against firms like Ripple and Binance.

Robinhood's new venture capital fund, Robinhood Ventures Fund I, aims to give retail investors tradable access to private companies on the NYSE.

Market Updates

Aave's deposits reached $73.2B, overtaking Lido, as DeFi surpasses $160B, despite AAVE's token dropping to $298.

Helius raised $500M for a Solana treasury, led by Pantera, with shares up 200% to stake SOL and invest in DeFi.

MoonPay acquires Meso to build a global crypto payments network, adding Meso’s co-founders to its leadership.

Maple Finance launches syrupUSDT on Tether-backed Plasma blockchain, targeting $5B in assets by 2025 with yield and rewards via Midas vault.

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