U.S. regulatory delays have hit tokenization-related stocks, including Bullish BLSH, Figure, and Circle, leading to significant declines in trading sessions.
Bullish BLSH fell about 8% in early trading after its second-quarter earnings report, reversing gains made previously.
Figure gave back its post-earnings advance by falling nearly 9%, following its Thursday session high.
Circle declined nearly 4%, including for USDC and its USYC tokenized Treasury product holding approximately $3 billion of assets.
Securitize (SECZ) was down 5% before stabilizing after a sharp drop, reversing missing earnings estimates.
Written by Jessica Primrose
Stablecoins Desk
