Wells Fargo Joins Tokenized Settlement Race, Eli Lilly Crushes on GLP-1 Surge, Bitcoin Tests $63K Support

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Let's get into it. Wells Fargo just entered the tokenized deposit race. The bank announced blockchain-based settlement for select corporate clients this fall, starting with USD to GBP transactions on its proprietary chain.
This puts Wells directly against JPMorgan and Citi in the fight to modernize institutional payment rails and defend against stablecoin encroachment. The service enables 24-7 settlement in programmable payments. Wells filed for a WFUSD trademark back in March. Expansion across more clients, countries, and currencies rolls out through 2027 Eli Lilly crushed Q2 with revenue soaring 48% to $23 billion.
GLP One franchise now comprises 65% of total sales. Zepbound generated $4.9 billion. Mounjaro brought in $9.9 billion as the world's top selling drug and new GLP One Pill Foundio hit $98 million in sales. Net income reached $7.1 billion. Adjusted EPS came in at $8.38 against estimates of $6.01. Stock rallied 5.4% pre-market. Lilly raised full year guidance to $85 to $87 billion. Bitcoin trades flat near $64,300 despite global equities hitting records. Spot Bitcoin ETFs recorded $5.4 billion in net outflows during H1 as capital rotated into AIEI-linked assets. The coal card hardware wallet hack that drained over $120 million sparked a memory pool spike to $89,000 transactions as users scrambled to move coins.
Circle shares jumped 10% pre-market despite missing revenue estimates at $701 million. USDC circulation reached $73.3 billion. The company's ARK blockchain launches public mainnet September 16th with founding validators including BlackRock, MasterCard and Visa. That wraps your market intel. Trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot.io.