Crypto News Today: Robinhood Draws Private Equity, OpenSea Buys Rally, Metaplanet Eyes Digital Bank

Robinhood Tokenizes Equity, OpenSea Expands via Rally Boosting Trading, Metaplanet Targets Banking
Crypto News Today: Robinhood Draws Private Equity, OpenSea Buys Rally, Metaplanet Eyes Digital Bank
Written By:
Kelvin Munene
Reviewed By:
Sankha Ghosh
Published on

Key Takeaways:

  • Robinhood's EU-tokenized equity platform attracted private firms seeking retail access.

  • OpenSea acquired Rally to enhance mobile trading and expand across 17 blockchains.

  • Metaplanet plans to utilize its Bitcoin reserves to acquire a digital bank and support its growth.

Three significant crypto events dominated the crypto market on July 8, 2025, marking a rapid shift toward the widespread adoption of tokenization and the emergence of digital assets. Robinhood has formally announced the introduction of its tokenized equity platform to the European Union. Its offerings were met with intense demand as soon as they became available to privately owned businesses. 

In yet another event, OpenSea completed a deal to acquire Rally Wallet, aiming to enhance its mobile token trading operations. Meanwhile, the Japanese company Metaplanet revealed its intention to expand its growing Bitcoin treasury as a means of purchasing an online bank. The actions highlight the way blockchain is transforming access to equity, trade and capital investment strategy. Here’s are the major crypto news today:

Private Firms Seek Entry to Robinhood’s Tokenized Equity Platform

Robinhood’s launch of a tokenized equity platform in the European Union has attracted strong interest from private companies. According to CEO Vlad Tenev, dozens of firms have contacted Robinhood to explore the option of making their shares available on‑chain.

The platform, which became available today, allows trading of over 200 tokenized U.S. equities five days a week. It also featured a promotional campaign offering non‑tradable tokens of private companies like OpenAI and SpaceX. Tenev stated the long‑term goal is to welcome thousands of private firms that remain inaccessible to retail investors under traditional market structures.

Tenev emphasized that tokenization could reduce barriers in equity markets. "We believe this is a huge opportunity to resolve one of the biggest inequities in capital markets,” he said in an interview with Bloomberg. Robinhood aims to provide broader access to high-growth private firms that typically remain out of the reach of retail investors.

The implementation, however, has attracted regulatory concern. The Bank of Lithuania sought clarification regarding the structure of tokens. Tenev reacted positively to the review, adding that the company has also interacted with regulators in the U.S. and U.K. These tokenized assets are considered derivatives under EU regulations and are subject to MiCA and MiFID regulations. Every token corresponds to shares held by brokers in the U.S.

Also Read: Top 10 Cryptocurrencies to Buy on 8th July

OpenSea Acquires Rally Wallet to Expand Mobile Token Trading

OpenSea has completed the acquisition of Rally, a crypto wallet company, to reinforce its mobile‑first token trading infrastructure. OpenSea anticipates that the deal will streamline wallet integration and provide a smoother trading experience for users across 17 supported blockchains.

Following the acquisition, Rally’s CEO Chris Maddern will become OpenSea’s Chief Technology Officer. Rally co‑founder Christine Hall will join OpenSea as Chief of Staff. Rally’s wallet is known for combining self‑custody, social features, and multi‑chain support with mobile usability.

OpenSea CEO Devin Finzer stated that the acquisition supports the company’s mission to scale on‑chain activity. “The Rally team shares our vision of a more accessible and delightful on‑chain trading experience for everyone,” he said in a press release.

The company aims to merge Rally’s mobile capabilities with its marketplace to support tokenized assets, NFTs, and other forms of digital trading. OpenSea did not provide new details on its native OS token, which it announced earlier this year.

Metaplanet Advances Bitcoin Strategy with Plans to Acquire Digital Bank

Japan‑based Metaplanet is advancing its Bitcoin‑focused business strategy today. After building a treasury of 15,555 BTC, the company plans to leverage its holdings to acquire cash‑generating businesses. CEO Simon Gerovich said one possibility includes acquiring a digital bank in Japan.

In an interview with the Financial Times, Gerovich stated that the firm intends to use Bitcoin as collateral to secure financing. “We’ll get cash that we can use to buy profitable businesses,” he explained. This mirrors MicroStrategy’s model of using Bitcoin reserves for corporate expansion.

Metaplanet aims to reach 210,000 BTC by 2027, representing approximately 1% of all Bitcoin in existence. The firm began acquiring assets in 2024 to hedge against inflation and today added 2,204 BTC for $237 million. This raises the average cost per coin to around $99,985.

The company’s stock has surged over 345% this year, boosting its market cap beyond $7 billion. Metaplanet plans to avoid issuing convertible debt but remains open to preferred shares to fund acquisitions. Today marks a new phase in its strategy focused on integrating digital finance and blockchain innovation through operational businesses.

Also Read: Bitcoin Price Steady at $108,448 as Traders Await Market Signal

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