🔎 TODAY’S DAILY SIFT: THE CHAIN The biggest crypto story today is not Bitcoin. It is the architecture being built around it. Senate Republicans released revised crypto market structure legislation on September 14 after President Trump accepted substantial new ethics provisions intended to unlock additional support ahead of Tuesday’s pivotal Senate vote. At the same time, S&P Global led a $110 million funding round for crypto data company Kaiko alongside BNP Paribas, Nasdaq and RBC. Different stories. Same signal. Crypto is moving deeper into regulated financial infrastructure. The real competition is increasingly about who controls the rails. Custody. Settlement. Market data. Tokenization. Compliance. Distribution. Tokenized stocks are still tiny compared with traditional markets, but major exchanges are already positioning for a world where securities move across blockchain infrastructure. Bitcoin can rally. Bitcoin can fall. The deeper shift continues underneath...