Binance bStocks became the second-largest tokenized stock issuer by value on Aug. 3, reaching about $624 million and overtaking xStocks at roughly $579 million, according to Token Terminal data. Ondo Finance remained the largest issuer at about $927 million. The shift comes as the tokenized stock market expanded from roughly $80 million a year earlier to about $2.7 billion, reshaping an issuer ranking that had previously been led by xStocks at $40.7 million, ahead of Robinhood at $37.2 million, while Ondo held about $65,000. Elsewhere, BitMart’s official Chinese-language X account publicly demanded that founder Sheldon Xia explain the status of user funds and provide a repayment plan, alleging some users could not withdraw funds and some employees had not received final salary or compensation. Xia rejected the allegations as "fabricated rumors" and said he would file a police report and send a lawyer’s letter to X seeking technical and data forensics. Other developments included Israel’s Bank Leumi becoming the first local bank to offer trading in Bitcoin, Ether and Solana through a partnership with Galaxy Digital from early 2027; Metaplanet CEO Simon Gerovich denying speculation of Bitcoin sales after a 5,014 BTC transfer; MUFG companies launching a proof of concept (PoC, limited pilot test) for Japanese government bond repo (short-term financing against securities) transactions on Canton Network; Singapore finalizing mandatory crypto tax reporting rules from Jan. 1, 2027 for new users; Shinhan Asset Management partnering with Plume on a won-denominated tokenized fund pilot; and the rollout of Hong Kong-regulated HKDAP stablecoin distribution through HashKey Exchange with initial focus on institutions.