Today’s Insider ⬇️
🤝 Banking License: Wise plans to resubmit the National Trust Bank application under GENIUS Act framework
📈 Market Boom: Morgan Stanley’s ETF shows banks are all-in on Bitcoin
💰 Crypto Funding: World Foundation raises $52.5 million in WLD token sale with one-year lockup
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $64,052 | -0.91% | -44.82% |
Ethereum | $1,860 | -0.52% | -49.73% |
Solana | $74 | -1.05% | -59.04% |
XRP | $1.09 | -0.69% | -65.03% |
S&P 500 | $7,452 | +0.60% | +17.11% |
Gold | $4,076 | +0.73% | +21.25% |
1. Wise Plans To Resubmit National Trust Bank Application Under GENIUS Act Framework
Banking license: Wise will resubmit its U.S. national trust bank charter application under the GENIUS Act framework after the OCC denied its original application due to incompatibility with new Federal Reserve master account policies.
🔎 Insider Insight: The denial highlights a structural bottleneck in U.S. banking infrastructure, as the Fed's effective pause on master account access is blocking even well-resourced fintechs from accessing domestic payment rails. Wise's rail-agnostic stance suggests the reapplication is about infrastructure access rather than a strategic pivot toward stablecoins.
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. Morgan Stanley's ETF Shows Banks Are All-In On Bitcoin
Market boom: Morgan Stanley's spot Bitcoin ETF has attracted nearly $400 million since its April launch, becoming the first bank-issued Bitcoin ETF and one of the strongest ETF launches of the year amid broader market softness.
🔎 Insider Insight: Morgan Stanley's ETF success confirms that bank-branded credibility is a meaningful differentiator in crypto product distribution, attracting institutional and wealth management clients who have long awaited regulated on-ramps. With the CLARITY Act's Senate passage now at just 37% probability on prediction markets, regulatory uncertainty remains the key overhang on broader institutional crypto expansion.
Which term refers to the process of verifying transactions on a blockchain?
3. World Foundation Raises $52.5 Million In WLD Token Sale With One-Year Lockup
Crypto funding: World Foundation raises $52.5 million in a Pantera Capital-led WLD token sale to expand World ID technology for enterprises, consumers, and AI agents, with all tokens subject to a one-year lockup.
🔎 Insider Insight: The rapid rise of AI agents is turning proof-of-human infrastructure into a critical internet utility, giving World ID's 39 million users and 475 million proofs genuine first-mover significance. Ongoing regulatory scrutiny across multiple jurisdictions over biometric data collection remains the project's most significant structural risk as it scales globally.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
