Today’s Insider ⬇️
🚀 Service Expansion: Kraken adds S&P 500 to funded trading program, commodities to follow
🚨 Finance Experiment: Bank of England tests stablecoin, digital pound interoperability in cross-border payments
📈 Record TVL: Robinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $63,314 | -0.12% | -47.09% |
Ethereum | $1,876 | +0.02% | -58.36% |
Solana | $75.60 | +0.16% | -60.19% |
XRP | $1.00 | -0.52% | -69.22% |
S&P 500 | $7,749 | -0.27% | +20.22% |
Gold | $4,411 | +0.69% | +30.48% |
1. Kraken Adds S&P 500 To Funded Trading Program, Commodities To Follow
Service expansion: Kraken adds a 24/7 S&P 500 perpetual product to its Kraken Prop funded trading program, joining the Nasdaq 100 as the exchange continues its push into traditional financial markets.
🔎 Insider Insight: Offering perpetual S&P 500 exposure with no expiration or rollover through a crypto-native funded trader program is a direct challenge to traditional prop trading firms on their own turf. With commodities planned next, Kraken is systematically converting its derivatives infrastructure into a multi-asset trading platform well beyond its crypto origins.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Bank Of England Tests Stablecoin Interoperability In Cross-Border Payments
Finance experiment: The Bank of England's Digital Pound Lab is testing stablecoin and digital pound interoperability in a trade finance experiment involving NOBO Finance, Dun & Bradstreet, and Polygon Labs.
🔎 Insider Insight: The experiment signals the BoE is actively exploring how stablecoins and a potential digital pound can coexist within the same payment flow rather than compete, a pragmatic stance that differs from more adversarial central bank approaches. Combined with draft systemic stablecoin rules, RTGS modernization, and HSBC's Orion sandbox approval, the UK is building one of the most comprehensive tokenized finance regulatory stacks of any major economy.
What does a blockchain “fork” represent?
3. Robinhood Chain Hits 11.6M Daily Transactions As USDe Fuels TVL Growth
Record TVL: Robinhood Chain averaged a record 11.6 million daily transactions last week with TVL rising 32% to $473 million, even as daily active accounts remain 11% below their July peak.
🔎 Insider Insight: The divergence between surging transactions and stagnant user growth reveals existing users trading at higher frequencies rather than the chain attracting new participants. USDe now comprising 43% of the chain's stablecoin float suggests capital is parking for yield rather than actively transacting, pointing to a TVL metric driven more by passive holding than genuine economic activity.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
