WHITE HOUSE: PRESIDENT TRUMP HAD A GOOD MEETING WITH PRESIDENT XI OF CHINA WHITE HOUSE: TRUMP, XI DISCUSSED WAYS TO ENHANCE ECONOMIC COOPERATION WHITE HOUSE: TALKS INCLUDED WAYS TO EXPAND MARKET ACCESS FOR AMERICAN BUSINESSES INTO CHINA, INCREASING CHINESE INVESTMENT INTO U.S. INDUSTRIES

Crypto / Bitcoin / Stablecoins - Charles Schwab launches spot BTC and ETH trading for select retail clients. - Japan’s enterprise-led blockchain to issue yen stablecoin for B2B settlements. - Korean won stablecoin KRWQ expands to Solana after EDX Markets listing. - Anchorage and Grupo Salinas sign cross-border payments partnership. - Bitwise CIO says GENIUS Act unlocked crypto fundraising momentum ahead of Clarity Act. Markets / Institutional - Senate confirms Kevin Warsh to succeed Jerome Powell as Fed Chair. - Fidelity International’s first tokenized fund receives AAA-mf rating from Moody’s. - Hyperliquid leads weekly blockchain fee revenue as vertical chains gain traction. - Ethereum closes gap with Solana as DEX volumes converge near $45B. - Bitcoin trades near critical support after hotter-than-expected PPI data raises rate hike fears. - Strategy’s STRC may be contributing to recurring mid-month bitcoin rallies, K33 says. Regulation / Policy - More than 100 amendments filed on stablecoins, ethics and DeFi ahead of Senate Banking Committee Clarity Act vote. - Anthropic and OpenAI tokenized PreStocks on Solana plunge after unauthorized equity transfer warnings. Industry / Corporate - BitGo doubles revenue to $3.8B while Q1 net loss widens. - Solana treasury firm DeFi Development Corp reports 108% yearly growth in SOL per share. - Solana treasury firm Upexi posts $109M quarterly net loss tied to crypto markdowns. - Metaplanet reports $725M Q1 net loss as bitcoin markdowns outweigh operating gains. - Jupiter taps Bitwise to build institutional-grade Solana-based USDe lending market. - Immunefi to absorb Code4rena customers after shutdown. - Stork launches 24/7 stock and gold price discovery model using perpetual futures markets.

TAIWAN'S WEIGHTED INDEX OPENED UP 1.61%