- Switch Weekly
- Posts
- 🚀 SpaceX, OpenAI tokens now on the blockchain!
🚀 SpaceX, OpenAI tokens now on the blockchain!
Hey folks,
The financial markets will never be the same again. Investing and lending, two of the biggest pieces of finance, are changing.
In some parts of the world, you can now buy U.S. stocks using crypto. Soon, you can also get a housing loan showing your crypto holdings.
Fintech company Robinhood has tokenized 200+ listed stocks, including Apple and Tesla, and those of privately held companies like OpenAI and SpaceX for users in the EU to trade.
That’s 24 hours trading. 5 days a week!
The company’s stock jumped nearly 10% as soon as news hit the wires. There’s a lot more from Robinhood here. US-based startup Dinari also has similar approvals in place.
In Europe, Swiss startup Backed Finance is launching tokenized stocks on crypto exchanges Bybit, Kraken, and Solana-based DeFi protocols.
The big picture is that the market for tokenized equities is expected to grow to $2 billion by the end of next year.
It’s one of the clearest examples yet of how blockchain is starting to reshape global finance.
That’s about investing. Now, about lending.
Soon, when you apply for a housing loan in the US, your crypto holdings can be shown as assets. This works for your Bitcoin and ETH in a verified US exchange wallet. For now.
Before this, crypto was not considered as an asset for loans. With this, it is. Which means, you don’t have to sell crypto to cash and show it as an asset.
The US housing loan market size is over $12 trillion. Just a 1% shift would mean $120 billion in market opportunity.
It will also change the way traditional lenders see crypto.
More to come. Watch this space.

It was an eventful week for the crypto markets, with a strong rebound in both sentiment and prices. Bitcoin recovered after briefly falling below $100K, while Ethereum posted steady gains. Altcoins like BCH, APTOS, and JUP surged, fueling a broader market upswing.
Weekly price movement:
BTC $106,836 ⏫ 1.24% (7d)
ETH $2,461 (7d) ⏫ 1.57% (7d)
BCH $523 ⏫ 13.82% (7d)
APTOS $4.73 ⏫ 7.55% (7d)
JUP $0.44 ⏫ 4.19% (7d)
(All data here as of 12:00 p.m., 1 July 2025)

Before we conclude, here’s a quick look at some important news from around the crypto world.
Circle (CRCL), the second-largest stablecoin issuer, has applied for a U.S. national banking license, aiming to deepen its role in the traditional financial system. The license would let Circle act as a custodian for its reserves and institutional clients' crypto assets, but won’t allow it to take deposits or issue loans. This move follows Circle’s blockbuster IPO on June 5, where shares soared 167% on debut. With USDC's market cap at $61.5B, analysts believe Circle is well-positioned to lead under the upcoming GENIUS Act, according to The Block.
Michael Saylor’s Strategy, the largest public Bitcoin holder, purchased 4,980 BTC (approx. $531 million) last week at an average price of $106,801, signaling renewed confidence as sentiment rebounds above $107K in market value. This acquisition boosts Strategy’s holdings to 597,325 BTC, acquired for about $42.4 billion with an average of $70,982 per coin, according to CoinTelegraph.
That’s it for now. Thanks for sticking around.
See you later, folks! đź‘‹