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📢 Gate Square Daily | July 3rd
1️⃣ Industry Updates: Securitize officially listed on the New York Stock Exchange, providing real-world asset (RWA) tokenization infrastructure for capital markets.
2️⃣ Macro Market: The U.S. added 57k non-farm jobs in June, with an unemployment rate of 4.2%, both below market expectations, easing concerns about a near-term Fed rate hike.
3️⃣ Market Movements: Crypto markets saw broad gains, with BTC at $61,506, up 1.7% in 24 hours; ETH at $1,698, up 4.7% in 24 hours.
4️⃣ TradFi Updates: U.S. stocks closed with the semiconductor index falling 11% over two days, storage sector plunging, with SanDisk down over 14%.
5️⃣ Regulatory Updates: The U.S. SEC Chair stated that efforts are underway to modernize rules and regulations to facilitate the migration of financial markets onto the chain.