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📢 Gate Square Daily | July 3rd
1️⃣ Industry Updates: Securitize officially lists on the New York Stock Exchange, providing real-world asset (RWA) tokenization infrastructure for capital markets.
2️⃣ Macro Market: June U.S. nonfarm payrolls added 57k jobs, unemployment rate at 4.2%, both below market expectations, easing concerns about a near-term rate hike by the Federal Reserve.
3️⃣ Market Movement: The crypto market rises across the board; BTC is $61,506, up 1.7% in 24 hours; ETH is $1,698, up 4.7% in 24 hours.
4️⃣ TradFi Updates: U.S. stocks closed with the semiconductor index down 11% cumulatively over two days; the storage sector tumbled, and SanDisk fell by more than 14%.
5️⃣ Regulatory Updates: The U.S. SEC Chair says it is advancing the modernization of rules and regulations to facilitate the migration of financial markets on-chain.