Hong Kong's Securities and Futures Commission (SFC) has established a regulatory framework for round-the-clock trading of tokenized products on licensed platforms. With 13 tokenized products and approximately HK$10.7 billion in assets, this initiative aims to integrate traditional finance with Web3 through regulated stablecoins and tokenized deposits, enhancing liquidity.

Justin Sun withdrew 55.01 million USDC from a major CEX and deposited it into the Spark protocol, totaling $179 million in deposits since Aave's bad debt incident, highlighting Spark's growing liquidity.

Vitalik Buterin presented Ethereum's five-year roadmap, focusing on quantum security and scalability. Key goals include increasing gas limits, implementing Zero Knowledge Proofs, and enhancing transaction confirmation times by 2028, despite challenges with quantum-resistant signatures.

Gate News message, April 20 — Elon Musk has been summoned by French prosecutors to appear in Paris today for questioning regarding alleged misconduct on his social media platform X, including the spread of child sexual abuse material (CSAM) and deepfake content. Both Musk and former X CEO Linda

Ionic Digital reported a 14.9% decline in March bitcoin mining output, producing 28.05 BTC with a hash rate decrease of 19.4%. The company holds 2,815.6 BTC and maintained zero debt, selling no bitcoin in March.

Polysilicon futures in China surged due to policy signals aimed at regulating the solar sector, yet analysts warned that the rally is based on expectations rather than actual market improvements. Elevated inventory levels and supply-demand imbalances remain concerns.

ByteDance's net profit fell over 70% in 2025, primarily due to changes in stock costs rather than operational issues. Despite this, revenue growth was noted, especially from international markets and TikTokShop's expansion, although competition and regulatory challenges loom.

Kunlun Tech's subsidiary, Beijing Aijie Keixin Technology, raised 550 million yuan ($55 million) in funding, valuing the company at about 4.054 billion yuan. The funding will bolster capital reserves and support AI chip development and a potential independent listing.

Groww's parent company reported an 87% revenue increase to 15.1 billion rupees, with net profit rising to 6.9 billion rupees in Q1 FY26. Significant investments include a wealthtech acquisition to diversify revenue amidst regulatory challenges in derivatives trading.

Tether's market cap has increased by $40 million, reaching $187 billion, and recent stablecoin circulation has added $3 billion. This reflects improved liquidity conditions, potentially signaling a price rally for Bitcoin if the trend continues.