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How Coinbase, Robinhood, Circle Could Benefit From The SEC's New 'Project Crypto'
Amid a sharp Friday sell-off in markets, the SEC unveiled what Bernstein analysts call "the boldest and most transformative crypto vision ever laid out by a sitting SEC chair." What Happened: In a speech titled "Project Crypto," SEC Chairman Atkins outlined a sweeping reform agenda that reimagines U.S. capital markets around blockchain-native infrastructure and tokenized assets. According to a note on Aug. 4, the speech challenges decades of regulatory precedent. "Our regulatory framework need not be anchored to an analog past, unkind to new frontiers," Atkins said. "The future is arriving at full speed, and the world is not waiting." Atkins formally acknowledged that "most crypto assets are not securities," calling for the SEC to use its interpretative and exemptive powers to clarify the classification of digital assets, distinguishing between digital commodities, stablecoins, and digital collectibles. This marks a decisive break from previous SEC posture. Bernstein notes that the SEC intends to "reshore" crypto innovation by allowing U.S. firms to issue tokenized versions of stocks and bonds domestically, eliminating the need for offshore structures. Also Read: Why It Matters: The report says the agency has already received tokenization proposals from major Wall Street institutions and unicorn tech companies. Crucially, Project Crypto envisions a "Reg-Super App" framework: consolidating multiple financial licenses under one umbrella, enabling broker-dealers to offer both traditional securities and crypto-native services such as staking and lending through a single platform. The SEC also aims to support "big beautiful on-chain software systems," Bernstein writes, by updating agency rules to facilitate decentralized financial infrastructure like automated market makers and blockchain-based lending. These changes would enable 24/7 instant settlement, asset cross-collateralization, and on-chain interoperability across asset classes. As Atkins summarized, "It is time to upgrade the financial system from online to on-chain." Bernstein analysts view this shift as a dismantling of traditional regulatory moats. "Within our coverage," they write, "platforms such as Coinbase (NASDAQ:COIN), Robinhood (NASDAQ:HOOD), Circle (NYSE:CRCL) can now connect the bridge from native Crypto capital markets to broader integrated on-chain capital markets." Read Next:Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? COINBASE GLOBAL (COIN): Free Stock Analysis Report This article How Coinbase, Robinhood, Circle Could Benefit From The SEC's New 'Project Crypto' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
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Amphenol to buy CommScope's broadband connectivity, cable unit for $10.5 billion
(Reuters) -Fiber-optic cable maker Amphenol said on Monday it will buy CommScope's connectivity and cable solutions business for $10.5 billion in an all-cash deal. Shares of CommScope surged 42% in premarket trading, while Amphenol rose about 2%. The transaction aims to bolster Amphenol's portfolio, particularly by adding fiber optic interconnect products for artificial intelligence and other data center applications. The deal is expected to close in the first half of 2026 and will add to Amphenol's diluted earnings per share in first full year after closing. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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SiMa.ai secures $85m to support global expansion
US-based start-up has raised $85m in an oversubscribed funding round led by hedge fund firm Maverick Capital. The investment increases the company's total capital raised to $355m. New investor StepStone Group, alongside existing supporters, also joined the round. The company, which focuses on delivering purpose-built hardware and software solutions for Physical AI, plans to use the new funds to support its global expansion. It will also use the proceeds to further enhance its Physical AI platform. This includes investing in software innovation, go-to-market strategies, customer success initiatives, and strengthening its roadmap in the automotive sector. founder and CEO Krishna Rangasayee said: 'This new funding further validates our leadership in the Physical AI space and the growing demand for Physical AI solutions that deliver best-in-class performance per watt with industry-leading ease of use. 'With strong support from new and existing investors, we're scaling quickly to extend our competitive lead and meet global customer demand across robotics, automotive, industrial automation, aerospace & defence, smart vision, and healthcare.' core offering, the ONE platform, combines purpose-built silicon with a software-centric design to optimise performance and simplify deployment. The platform includes Modalix, a second-generation multimodal machine learning system-on-chip, and software suite Palette. These tools support major ML frameworks, facilitating rapid AI adoption across sectors. Maverick Capital managing partner Andrew Homan said: ' is redefining what's possible at the edge by combining world-class silicon with a uniquely software-centric approach to Physical AI. 'Their ability to deliver high-performance, low-power solutions with frictionless deployment positions them to lead in a market that's scaling fast. We're thrilled to support as they accelerate their growth and continue to deliver transformative value across industries.' In a previous funding round in April 2024, secured $70m to advance chip technology for autonomous vehicles. " secures $85m to support global expansion" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
