According to MSX.COM data, US-listed optical communications stocks collectively declined, with Fabrinet falling over 14%, Coherent and Credo Technology falling over 7%, Marvell Technology falling over 6%, and Lumentum and Corning falling over 4%. In terms of news, Fabrinet reported fourth-quarter revenue of $1.316 billion, a 45% year-over-year increase, exceeding market expectations of approximately $1.27 billion and marking the 12th consecutive quarter of record-high revenue. However, the market believes that its high growth expectations have been fully priced in, and the company still faces risks such as customer concentration and supply chain constraints for some products.

Odaily Planet Daily reports that Securitize (NYSE: SECZ) has announced the launch of the Neuberger Securitize High Income Tokenized Fund (HINC) in partnership with global asset management firm Neuberger. This marks Neuberger's first time serving as a sub-advisor for a tokenized fund. The fund primarily invests in high-yield bonds, with a portion allocated to high-yield fixed-income assets such as CLOs and leveraged loans, aiming to achieve risk-adjusted returns.

Odaily Planet Daily reports that US President Trump stated there are no ongoing or planned negotiations or dialogues with Iran. The naval blockade remains fully in effect. The Strait of Hormuz is open and operating normally. All mines have been removed or detonated.

Odaily Planet Daily reports that Citigroup Inc. announced plans to launch a Bitcoin custody service on its institutional platform Custody+ later this year, initially focusing on Bitcoin custody. Clients will be able to use both traditional and crypto asset custody services within the same framework. Citi stated that its Single Event Processing system enables continuous processing of custodial transactions, with over 80% of events completed in real-time and 96% of U.S. voluntary corporate actions processed within two hours. The platform also integrates settlement, foreign exchange, liquidity, tax, and market data services. Citi claims its digital asset portfolio supports the transfer of funds and securities outside of traditional market hours and enables near-instantaneous 24/7 liquidity for tokenized deposits in select markets through Citi Token Services. In June, Citi also launched a blockchain securities custody service representing shares in private companies. (Bitcoin.com News)

According to Odaily Planet Daily, Will McEvoy announced on the X platform that Cypherpunk Mining has officially launched, and its 4.2 Gsol/s Equihash hashrate deployed in the United States has made it the world's largest Zcash miner. The company acquired Winklevoss Capital's Bitmain Z15 Pro mining rigs, previously deployed across the US, through a $33.3333 million asset acquisition agreement. These rigs are currently producing approximately 7,800 ZEC per month and have already generated cash flow.