The LG CNS partnership gives Securitize a foothold as the Seoul prepares new rules for tokenized stocks, bonds and funds beginning in February 2027. Shares of tokenization platform Securitize rallied sharply on Tuesday after the company announced a partnership with South Korean technology company LG CNS as the country prepares to introduce a new framework for tokenized securities. Securitize (SECZ) rose nearly 8% in early Tuesday trading to around $12.60, outperforming most major crypto-linked stocks, before pulling back later in the morning. The company began trading on the New York Stock Exchange in July after completing its merger with special purpose acquisition company Cantor Equity Partners II.
A ECB executive board member said the potential introduction of a digital euro ”would not to take over the role of banks,” but ensure they have a role in the EU’s monetary system. A member of the European Central Bank’s (ECB) executive board has warned that other entities could provide alternatives without the central bank’s introduction of a digital euro, potentially weakening Europe’s “resilience and monetary sovereignty.” ECB executive board member Piero Cipollone said on a Monday MNI Connect Webcast that without a “pan-European digital payment solution that caters to every type of day-to-day transaction,” the potential for fragmentation could increase across tokenization platforms. He said that the central bank’s goal should be to create a digital euro exchangeable across banks for day…
Ripple Prime will provide prime brokerage, clearing and financing services to funds managed by the $35 billion alternative investment manager. Ripple Prime will provide multi-asset prime brokerage, clearing and financing services to funds managed by Brevan Howard, a global investment manager with about $35 billion in assets. Under the expanded agreement, Brevan Howard will gain access to Ripple Prime’s services across traditional and digital asset markets, according to a Tuesday announcement. The deal builds on an existing relationship between the firms. Brevan Howard-affiliated funds participated in a $500 million investment in Ripple in 2025 that valued the company at $40 billion.
Sepolia marks one of the final major rehearsals before the final activation of Glamsterdam, aimed at bringing more efficiency and scalability to the Ethereum mainnet. Ethereum’s Glamsterdam upgrade has gone live on the Sepolia testnet, in one of the final major rehearsals before its mainnet activation. Glamsterdam went live on Sepolia on Tuesday at 1:53 pm UTC, Ethereum community contributor Pooja Ranjan announced in an X post. The upgrade aims to advance Ethereum’s layer-1 scaling roadmap with enshrined proposer-builder separation, block-level access lists and changes to gas pricing that better reflect the cost of execution, the Ethereum Foundation announced in a Sept. 28 blog post.
OKX raised an undisclosed amount at a $25 billion valuation as an extension to March’s investment round led by the parent company of the New York Stock Exchange. Cryptocurrency exchange OKX raised an undisclosed sum at a $25 billion valuation from its existing partners and investors. The round saw participation from Standard Chartered’s SC Ventures investment arm, Qube Research & Technologies, Ripple and stablecoin issuer Circle, OKX announced in a Tuesday press announcement shared with Cointelegraph. OKX declined to disclose the size of the investment round.
Real Vision founder Raoul Pal says a pause in the AI stock rally could help crypto attract capital, while AI agents are likely to boost Ethereum and Solana adoption. A weakening US dollar could give crypto the “green light” and help extend the industry’s rally, says Real Vision founder Raoul Pal. He tells Cointelegraph on the latest episode of Trade Secrets that higher bond yields and the strong dollar are keeping liquidity from flowing freely. “If they can engineer the dollar lower, then we get a green light for further movement in crypto,” he says. “I don’t want to get overly excited, so I haven’t got a full green light on everything.”
Real Vision founder Raoul Pal says a pause in the AI stock rally could help crypto attract capital, while AI agents are likely to boost Ethereum and Solana adoption. A weakening US dollar could give crypto the “green light” and help extend the industry’s rally, says Real Vision founder Raoul Pal. He tells Cointelegraph on the latest episode of Trade Secrets that higher bond yields and the strong dollar are keeping liquidity from flowing freely. “If they can engineer the dollar lower, then we get a green light for further movement in crypto,” he says. “I don’t want to get overly excited, so I haven’t got a full green light on everything.”
Paxos’ USDG stablecoin is now live on Arbitrum as the network proposes 100 million ARB in incentives to support adoption and liquidity. Paxos-issued stablecoin Global Dollar (USDG) has launched on Arbitrum as the blockchain joins the Global Dollar Network. According to an announcement shared with Cointelegraph, USDG is natively issued on Arbitrum One, with integrations across decentralized finance protocols including Fluid, Morpho, GMX and Maple. Kraken will support deposits and withdrawals, while Stargate will enable transfers between Arbitrum and other blockchains. A proposal submitted to the ArbitrumDAO would make USDG growth a strategic objective and add 100 million ARB to an incentive program to increase adoption. The proposal also calls for deploying Arbitrum treasury assets to suppo…
US crypto rules could be vulnerable to political change after the midterms. Former New York Gov. Andrew Cuomo argues Congress needs to pass durable, bipartisan legislation. Opinion by Andrew M. Cuomo, former governor of New York The digital asset revolution is here, and it’s already transforming our financial system. We’re no longer questioning if it will continue to develop. It will. The issue is whether the United States will establish clear, durable rules for it to develop here.
Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current system. Prediction market platform Polymarket is rebuilding its smart contract infrastructure, laying the groundwork for new market features and potential expansion beyond Polygon. Polymarket began rolling out Protocol V2 on Monday, introducing a new smart contract system designed to support different market types through a single exchange, according to an X post by Rajath Alex, the company’s head of protocol. The platform is testing the system on a limited number of live markets through Oct. 30, with a tentative Nov. 2 target for switching new markets to V2.
Hong Kong regulators plan to establish a licensing regime for four categories, including digital asset trading, custody, advisory and management services. The Hong Kong government reaffirmed its plans to submit an amendment bill before the end of 2026 to establish licensing regimes for digital asset trading, custody, advisory and management services as part of its broader crypto licensing bill. Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, told a Monday policy briefing that the government will submit an amendment bill “within this year” to establish a broader framework for digital asset activities, according to a statement released by the Hong Kong government. The secretary said the amendment bill covering the four categories will come in response to the…
Binance BTC reserves fell by nearly 40,000 coins since Sept. 20 as whales returned stablecoin capital to their exchange wallets. Bitcoin (BTC) outflows from largest crypto exchange Binance set multiyear records in late September, new analysis reveals. Key points:
Ondo’s tokenized notes will give eligible investors exposure to private companies, with the first tied to an unnamed pre-IPO AI company. Real-world asset tokenization platform Ondo Finance is expanding into private markets with tokenized exposures to an unnamed pre-IPO artificial intelligence company. The platform introduced Ondo Private Markets, offering tokenized notes whose payouts are linked to the value realized per common share of the referenced company at a qualifying liquidity event. The note provides economic exposure without direct ownership of the company’s shares. Eligible investors will be able to hold the notes in self-custody wallets or trade them on secondary markets around the clock. Ondo said the first notes are expected to start trading this week, with products tied to c…
Solana DvP offers financial institutions an open-source settlement program designed to complete asset transfers and payments in seconds. The Solana Foundation announced Tuesday the launch of Solana DvP, an open-source settlement program for financial institutions that aims to cut settlement times. Solana DvP offers an open-source application programming interface for delivery-versus-payment (DvP) settlement on Solana. The program aims to cut securities settlement from one to two days to seconds by transferring assets and payment in a single transaction that either completes in full or does not take effect, the Solana Foundation said in a press release. It is designed to offer institutions a reusable alternative to custom smart contracts.
US spot Bitcoin ETFs reversed two days of inflows as Bitcoin slipped below $86,000, trading roughly 32% below its October 2025 all-time high. US spot Bitcoin exchange-traded funds (ETFs) shed $89.9 million on Monday, reversing two days of inflows as Bitcoin slipped below $86,000. Bitcoin ETFs attracted around $293 million over the previous two October trading sessions before Monday’s reversal, with total trading volume reaching $2.18 billion, according to SoSoValue data. The pullback came a day before the first anniversary of Bitcoin’s $126,080 all-time high on Oct. 6, 2025, with BTC trading at $85,559 at the time of publication, or roughly 32% below its record, according to CoinGecko.
An EEZ contributor shared a 0.001 ETH cross-chain test as the project develops a framework to connect Ethereum mainnet and its rollups. The Ethereum Economic Zone (EEZ) has tested an atomic transaction between Ethereum mainnet and a layer-2 network, according to a project contributor. On Tuesday, EEZ contributor Eduardo Antuña Díez shared the transaction and called it the “first atomic cross-chain” L1-to-L2 transaction. The transaction’s logs record a cross-chain call carrying 0.001 Ether (ETH) and a state update for a rollup. In an atomic transaction, linked actions across networks either all succeed or are all reversed if any part fails.
Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its oversight will leave investors less protected than under the SEC. Better Markets says the US derivatives regulator’s push to develop rules for certain retail crypto transactions could leave investors with weaker safeguards, arguing the agency is ill-equipped to oversee the market. The Commodity Futures Trading Commission on Monday sought public comment on a potential framework for margined, leveraged or financed retail crypto transactions under its existing authority. Benjamin Schiffrin, director of securities policy at Better Markets, a nonprofit financial reform advocacy group, argued that CFTC oversight is less suited than the SEC to protecting retail investors. “Unli…
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them. Stablecoin payments infrastructure provider Rain has filed an application to establish a national trust bank headquartered in New York, adding to a wave of crypto companies seeking bank charters over the last year. Rain said Monday it filed the application with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank. If approved, the bank would be able to provide fiduciary custody of digital assets and US dollars for institutional clients, provide reserve management for permitted stablecoin issuers and issue and redeem dollar-backed stablecoins in accordance with the GENIUS Act. Former Squar…
OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up to 10% APY. Crypto exchange OKX has launched OKX Money, a stablecoin savings and payments app, in parts of Latin America, Africa, South Asia and the Middle East, that will pay some customers as much as 10% yield. The app allows users to fund accounts using more than 50 supported currencies, with deposits converted into dollar-backed stablecoins, according to an announcement shared with Cointelegraph. Users can hold USDG, USDC or USDT, send funds and spend with virtual or physical cards. Qualifying customers can earn an annual percentage yield (APY) of up to 10% on eligible USDG balances without staking or a lockup.
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack. A Chinese organized crime syndicate laundered more than $1 billion stolen in multiple crypto exploits for North Korea’s Lazarus Group, according to blockchain investigator ZachXBT. In an Oct. 5 thread on X, pseudonymous blockchain investigator ZachXBT said he posed as a paying client to infiltrate the money laundering network in February 2025, just days after the Bybit hack. He put up $349,700 in stablecoins and took a 5% loss on each order to build trust with one of the network’s operators, known as “Jimmy Green.” ZachXBT said the operations spanned Hong Kong and mainland China, and information supplied by the launderer helped him identify a clust…
