**[Galaxy Digital Founder: Plans to Tokenize Stocks and Launch on Superstate]** On August 26, Galaxy Digital founder Mike Novogratz revealed at the WebX2025 conference in Japan that Galaxy's stocks are set to be tokenized and are planned to launch on the Superstate platform. He expects this process to advance rapidly and stated that asset tokenization will become a key trend in the future development of finance. Novogratz emphasized that the combination of artificial intelligence and stablecoins will enable transactions on the blockchain, further blurring the lines between traditional finance (TradFi) and decentralized finance (DeFi). He pointed out that asset tokenization not only promotes financial democratization, allowing global users to more easily invest in top company stocks, but also enhances the liquidity of non-traditional assets such as private equity, simplifying transaction processes. He believes that the liquidity improvements brought by tokenization will drive asset prices even higher.

**[Former Treasury Secretary Summers Warns: Trump's "Political Witch Hunt" Against Cook May Undermine Market Foundations]** BlockBeats reported on August 26 that former U.S. Treasury Secretary Larry Summers stated bluntly that the political pressure and personal attacks on Federal Reserve Governor Lisa Cook are "unprecedented," and anyone concerned about the independence of U.S. institutions should be alarmed. Summers warned that such pressure could have a gradual corrosive effect on the market framework and might even trigger what he referred to as the risk of U.S. "Argentinization." Note: "Argentinization" refers to economic turmoil caused by populist policies and political interference, characterized by high inflation, currency devaluation, and institutional failure, similar to Argentina's economic crises from the 1950s to the 1980s. Summers has been a sharp critic of the Trump administration's policies. He previously criticized the recently passed "Big and Beautiful Act," pointing out that the act could foster another financial crisis by increasing debt obligations. He also condemned current Treasury Secretary Besant for openly interfering with interest rate policies, though he expressed appreciation for Powell's response. (Jin10)

[Comet Browser Exposed to Data Leakage Vulnerability] Brave Software disclosed that Perplexity AI's Comet Browser has a security vulnerability, allowing attackers to embed hidden commands to trick the AI assistant into leaking user data. Although Perplexity claims the vulnerability has been fixed and no data leakage occurred, Brave stated that the vulnerability can still be exploited and warned of further attack risks in its design architecture.

OKX-BTC/USDT is currently trading at $108946.20, with a 5-minute drop of 0.23%. Please be aware of the market fluctuations.

[U.S. SEC and Kraken Discuss Tokenization of Traditional Assets and Regulatory Framework] The U.S. Securities and Exchange Commission (SEC) Cryptocurrency Special Task Force recently held talks with cryptocurrency exchange platform Kraken, focusing on the tokenization of traditional assets. Topics included a proposal for a tokenized trading system and the regulatory framework required for its operation. This meeting is one of several roundtable discussions held nationwide by the SEC Cryptocurrency Special Task Force, aimed at promoting compliance and innovation in the digital asset sector.