News Summary

• Banks, brokerages, and exchanges are racing to offer crypto services as demand from retail investors, institutions and wealthy clients reaches a tipping point.
• The shift represents a convergence of mega-trends including stablecoins, tokenization, artificial intelligence (AI) and extended-hours trading reshaping financial markets.
• The IPO market is preparing for a historic wave.
• SpaceX is targeting a Nasdaq debut this week, seeking to raise about $75 billion at a $1.7 trillion valuation.