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Markets Page 7
Canton Foundation Grants RedStone 15.8M CC for Private Pricing Tool
The Canton Foundation approved almost 15.8 million Canton Coin, about $1.55 million, to fund RedStone's open-source pricing tool built on CAPS, which lets institutions use shared market prices without revealing settlement amounts to data providers.
MarketsHadi Ghadban
Denelle Dixon Pitches Five Measures to Replace RWA Headline Totals
Stellar RWAs just crossed $4 billion. Denelle Dixon says that figure, and every chain's version of it, says nothing about whether an asset did any work. Her fix: five measures, held, earning, spent, pledged and moved.
MarketsIbrahim Rajab
Polygon Labs Adds Solana to Open Money Stack Payments Platform
Polygon Labs has added Solana to its Open Money Stack, giving businesses one integration for bank funding, wallets, cross-chain transfers and payouts. Kira is among the first customers, following TRON support added earlier.
MarketsAlejandro Silva Ramírez
Phase Launches Layer 1 Mainnet With $45M Commitment From Unlimit Founder
Phase, a new EVM-compatible Layer 1 that lets smartphone owners earn PHASE by validating transactions and sharing bandwidth with AI agents, launched its mainnet with a $45 million commitment from Unlimit founder Kirill Eves.
MarketsHadi Ghadban
ICE to Invest in Trade.xyz for US Hyperliquid Perps, Pending CFTC
Trade.xyz says NYSE parent ICE is investing in it and plans a U.S. venue, ICE[XYZ], for 24/7 Hyperliquid-based perps. The plan needs CFTC approval, and the investment size, regulated entity and launch date remain undisclosed.
MarketsHadi Ghadban
Bermuda Picks WalletConnect for Crypto Payments, With PTIX First in 2027
Bermuda has chosen WalletConnect to expand crypto payments as it pursues a fully onchain national economy. Event ticketing firm PTIX will be the first merchant, with Stellar-based payments expected in the second quarter of 2027.
MarketsHadi Ghadban
Former Swift CEO Lazaro Campos Joins OpenTrade as Chairman
Lazaro Campos, former CEO of Swift, has joined London-based OpenTrade as chairman. The stablecoin yield infrastructure firm reports $300 million in total value locked and $32 million in total funding, nearly six months after a $17 million raise.
MarketsHadi Ghadban
Moody's Rates Ripple RLUSD A2 in What Ripple Calls a Stablecoin First
Moody's Ratings assigned RLUSD A2 long-term and P-1 short-term deposit ratings on Oct. 27. Ripple calls it the first investment-grade Moody's rating for a stablecoin, though the agency flagged that holders lack direct reserve ownership and the issuer is not bankruptcy-remote.
MarketsHadi Ghadban
Securitize Buys WSJ Ad to Rebut Mystery Campaign Against Tokenized Stocks
A weekend WSJ ad from Common Sense Leadership Fund warned CEOs off tokenized stocks. Securitize replied with its own full-page ad, while Nasdaq disowned the FAQ the original linked to and questions grow over who paid for it.
MarketsAlejandro Silva Ramírez
XRP Ledger Foundation Adds Flare to Recommended Validators, Drops Anodos
Flare joins the XRP Ledger Foundation's recommended validator list as Anodos Finance exits ahead of retiring its validator. The foundation's list and Ripple's now show the same 35 keys, but there is no payment, grant or product launch attached.
MarketsJulie "Mooncat" Wolf
Fed Holds Rates at 3.75% to 4% in 10 to 2 Vote, Bitcoin Nears $81K
The Fed held its benchmark rate at 3.75% to 4% in a 10-2 vote, with Lisa Cook and Beth Hammack pushing for a hike. Bitcoin whipsawed between $81,687 and below $80,500 before settling near $81,000 as $167M in crypto liquidations hit, mostly shorts.
MarketsIbrahim Rajab
Coinbase Lists Ripple RLUSD Across Prime, Exchange and Retail App
Ripple's RLUSD, a $2.6 billion stablecoin, is now live on Coinbase Prime, Coinbase Exchange and the retail app, with 1:1 dollar conversion and support on XRP Ledger, Ethereum and Base. Collateral support on Coinbase Global Exchange is expected to follow.
MarketsIbrahim Rajab
SpaceX Stock Falls 3% to $143 as Russia and India Unveil Starlink Rivals
SpaceX stock dropped 3.38% to $143, its lowest since October 15, as Russia showed off Rassvet and India's Jio builds a Starlink rival. Rassvet has 31 satellites against Starlink's 11,190. The FCC spectrum vote on October 29 looms larger.
MarketsIbrahim Rajab
Jupiter and BitGo Launch Institutional SOL Validator in Custody
Jupiter and BitGo launched the Jupiter x BitGo validator, letting institutional clients stake SOL directly from custody accounts while assets stay in BitGo cold storage, backed by up to $250 million in insurance.
MarketsJulie "Mooncat" Wolf
DTCC Launches Tokenization Service With 20 Banks and Firms Signed On
DTCC launched its Tokenization Service on October 28, letting eligible institutions create 1:1 blockchain twins of securities held at DTC. Twenty participants, including JPMorgan, Citi and UBS, have signed access agreements, with Canton and a private Besu network supported first.
MarketsHadi Ghadban
Ripple Expects $900M Product Revenue Run Rate by End of 2026
Ripple expects a $900 million annualized product revenue run rate by end of 2026, with multi-product customers tripling, payments nearing $150 billion in lifetime volume and RLUSD at $2.5 billion. XRP remains down nearly 30% this year.
MarketsIbrahim Rajab
Bithumb Confirms Hack of Internal Groupware, Probes Data Leak
South Korea's second-largest exchange says an outside party accessed its internal groupware and leaked personal data. Bithumb says customer assets cannot be reached, but an industry source told Yonhap some customer data leaked, raising phishing risk.
MarketsJulie "Mooncat" Wolf
Coinbase Denies Breach as Amplitude Incident Hits Customer Contact Data
Coinbase says it has not had a data breach, but a security incident at analytics vendor Amplitude exposed contact data for a small subset of customers. Coinbase has not confirmed a victim count; a SlowMist CISO claims more than 70,000 users. Phishing is the main risk.
MarketsIbrahim Rajab
Datavault AI Shares Drop Up to 48% as Biconomy Bitcoin Withdrawal Stalls
Datavault AI shares fell 37% to 48%, trading around $0.07, after the company said a Bitcoin withdrawal from Biconomy has been pending four months and four periods of financials can no longer be relied upon.
MarketsIbrahim Rajab
Robinhood Q3 EPS Misses at $0.51 as Crypto Revenue Drops 55%
Robinhood posted record Q3 revenue of $1.42B but missed estimates, with EPS of $0.51 vs $0.56 expected. Crypto transaction revenue fell 55% to $120M, event contracts reached $173M, and HOOD slid to about $88.2 after hours.
MarketsIbrahim Rajab
Anchorage Expands Bitso Deal to Custody MXNB Across Six Blockchains
Anchorage Digital Bank now custodies Bitso's MXNB peso stablecoin across six blockchains, while Bitso lists Western Union's USDPT and Tether's USAT, putting regulated custody under both legs of the US-Mexico remittance corridor.
MarketsJulie "Mooncat" Wolf
SoFi Shares Jump 15% on Record Q3 as Crypto Reaches 503,070 Products
SoFi stock jumped 14.59% after a record third quarter and raised guidance. Its crypto business reached 503,070 products, but $160.0M of $161.6M in crypto revenue went to cost, leaving $1.6M net.
MarketsJulie "Mooncat" Wolf
Intel, Oracle, IBM, IonQ Join OKXICE Objectors as Tally Reaches 26
Intel, Oracle, IBM and IonQ were added to OKXICE's list of objecting issuers in an Oct. 26 notice, bringing the total to 26 and about 37% of the original 62-company roster, as the venue prepares to test the SEC's innovation exemption.
MarketsHadi Ghadban
Cancore Raises $7.2M Seed at $60M Token Valuation for Canton
Cancore, which links Canton Network assets with public-chain liquidity, raised $7.2 million at a $60 million token valuation. It cites $86M+ in volume since April, but over a quarter came in one eight-day September window.
MarketsJulie "Mooncat" Wolf