Overview of Key Overnight Developments on June 18

21:00-7:00 Keywords: xAI, JPMD, GENIUS Act

1. Trump calls on Iran to surrender unconditionally.

2. xAI is reportedly in talks to raise $4.3 billion through equity financing.

3. JPMorgan Chase will pilot the issuance of deposit tokens (JPMD) on the Base network.

4. The US SEC has delayed approval of Franklin's spot XRP and Solana ETFs. 

5. The US Senate has passed the Stablecoin GENIUS Act, with the focus now shifting to the House of Representatives. 

6. Decentralized AI project Gradient Network has completed a $10 million seed funding round.