BBX: "S&P on chain" and China concept oriented trend - S&P 500 opens up on chain sustainability, RYDE strategically transforms digital treasury

BBX News: Yesterday, globally listed companies demonstrated a dual qualitative change of "mainstream benchmark tokenization" and "application layer standardization" in their encrypted treasury and on chain financial infrastructure, marking that digital assets have officially taken over the core discourse power of traditional finance Financial Anchor Migration: S&P Dow Jones Indices authorizes the listing of perpetual contracts on the S&P 500 chain on Hyperliquid, achieving 24/7 pricing of the world's most core assets, completely breaking the physical boundaries of traditional exchanges. Southeast Asian Awakening: Ryde Group (NYSE: $RYDE) announces the implementation of its "Digital Asset Treasury" strategy. By anchoring its business cash flow to Bitcoin, this transportation technology company is attempting to build a capital structure with "sovereign resilience". Macro stabilizer: The Federal Reserve (Fed) maintains interest rates unchanged, providing stable liquidity expectations for Bitcoin, which is consolidating above $70000. Chairman Powell's recognition of technology driven growth further strengthens the valuation foundation of "crypto+AI" concept stocks. Pure underlying premium: American Bitcoin Corp (NASDAQ: $ABTC) holds over 5840 coins. As a specialized treasury entity spun off from mining giants, its 1.16% increase in coin content demonstrates the significant impact of "refined hoarding" on net asset value per share. Zero selling discipline: Ionic Digital adheres to the principle of "zero debt+zero realization", and its stable position of 2787 BTC once again confirms the financial dominance of infrastructure developers with long-term power contracts after 20 million supply nodes. The market presents a clear dual evolution trend of "financial infrastructure on the chain" and "mid size technology stock treasury standardization". Source: bbx.com