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DIG Ventures Phase III Fund Completes $120 Million Raise, Will Focus on Investing in AI Infrastructure

According to Tech.eu, venture capital giant DIG Ventures has announced that its third fund has raised $120 million. Backed by Horsley Bridge, Sofina, Granite, and an endowment fund from a top U.S. university among other institutions, the fund will invest in AI-native enterprise software and cloud infrastructure startups at the Pre-seed and seed stages. Its investment focus covers infrastructure areas supporting AI-native enterprise software development, such as data, identity authentication, compliance, and orchestration. The fund plans to lead most investment rounds and has already begun deploying capital.

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Coinbase Teases Physical Card-Backed Pokemon Digital Card Pack Service

on September 28, Coinbase teased the upcoming launch of a Pokemon digital card pack service backed by physical cards, allowing users to open packs via their phones and choose to either store the cards in a vault or have them delivered to their homes.Coinbase has not yet disclosed the service launch date, pack pricing, card draw odds, storage and delivery fees, eligible regions, physical card custodian, or grading standards, nor has it confirmed whether secondary resale or on-chain ownership recording will be supported. (Bitcoin.com News)

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Riot Platforms Fully Repays Coinbase Credit Loan, Terminating $200 Million Bitcoin-Backed Credit Facility

Bitcoin News posted on X platform that Riot Platforms fully repaid the principal and accrued interest on its Coinbase Credit credit facility on September 21, with no early termination fees paid, and Coinbase's remaining commitment was simultaneously terminated. The $200 million Bitcoin-backed credit facility carried an interest rate of 6.15% after an April amendment, with annual interest of approximately $12.3 million when fully drawn; as of June 30, Riot Platforms had pledged 5,821 bitcoins, then worth approximately $341 million, representing about 51% of its 11,400 bitcoin holdings, and the related security interests were released upon repayment.

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The Smarter Web Company Launches Inaugural Offering of Bitcoin-Backed Preferred Shares MORE

Bitcoin Treasuries posted on X that The Smarter Web Company has launched the inaugural offering of its Bitcoin-backed preferred shares MORE to institutional and retail investors, with an expected listing on the Main Market of the London Stock Exchange on October 14. The initial offering price is £90, approximately $119, with an annual dividend yield of 12%, paid weekly.

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The Smarter Web Company Wins Shareholder Approval to Launch the UK's First BTC-Backed Preferred Stock MORE

Odaily News: UK-based Bitcoin treasury company The Smarter Web Company has received shareholder approval to launch MORE, the UK's first Bitcoin-backed preferred stock. In addition, the company expects to raise $20 million to $33 million through an IPO to purchase more Bitcoin and fund cash-flow-generating operating businesses. (Bitcoin Treasuries)

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Coinbase Launches Fixed-Rate Term USDC Loans Backed by Bitcoin

Bitcoin News posted on X platform that Coinbase has launched fixed-rate, fixed-term USDC loans backed by Bitcoin through Morpho Midnight, allowing borrowers to obtain USDC without selling their Bitcoin.The interest rate and repayment date for this product are determined at the start of the loan; if the borrower fails to repay the USDC and interest by the maturity date, the collateralized Bitcoin may be liquidated. Coinbase's existing floating-rate Bitcoin-backed loans powered by Morpho have surpassed $1.4 billion in active or outstanding loan volume, with collateral value of approximately $3 billion.

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Citrea acquires privacy Bitcoin wallet Crest, driving mainstream adoption of BTC privacy transactions

According to PR Newswire, Bitcoin application layer platform Citrea has announced the acquisition of Crest, a self-custody private Bitcoin wallet. Backed by Founders Fund and Galaxy Ventures, Citrea states the acquisition aims to bring Zcash-style zero-knowledge privacy pools into the Bitcoin ecosystem. Crest founder Meliksah Gurtemel will join Citrea as head of product. Over the next few weeks, Crest will launch a Bitcoin mobile wallet supporting automatic shielding, private BTC transfers, and cross-chain private payments (enabling BTC to be privately swapped for USDC or ETH for payments to EVM addresses). Citrea co-founder and CEO Orkun Mahir Kılıç noted that addressing Bitcoin privacy represents the largest breakthrough for Bitcoin layers to meet genuine user demand, with Crest serving as the primary gateway for both users and liquidity flowing into Citrea.

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21shares Launches Physically-Backed Zcash and Ether.fi ETPs in Europe

Odaily News: European asset management company 21shares has launched physically-backed Zcash ETP and Ether.fi ETP on Euronext Paris and Amsterdam markets, tracking ZEC and ETHFI respectively. Investors can gain exposure through brokerage accounts without directly holding the tokens.ETHFI is the governance and utility token of the decentralized finance protocol Ether.fi. Both ETPs carry an annual management fee of 2.5%. (Cointelegraph)

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Mantle’s Tokenized Assets Surpass 1,340, Setting a New All-Time High

According to official information, as global capital markets accelerate their migration to blockchain, the total number of tokenized assets on Mantle has exceeded 1,340, marking a significant surge from the 71 recorded at the start of the year and reaching an all-time high, with tokenized stocks serving as the primary growth driver. According to data from @blockworksres, this milestone demonstrates the continuous deployment and circulation of tokenized assets on Mantle. The platform currently spans six major asset classes—including equities, government bonds, commodities, and private credit—and remains on an expansion trajectory. Each asset is integrated into an Ethereum-secured settlement layer and distributed via CeFi + DeFi channels through Bybit, Fluxion, and Merchant Moe. Backed by issuer infrastructure tailored for diverse asset types, the network offers users 24/7 access, deeper liquidity, and faster execution, further bringing global capital markets within reach. Mantle noted that as more institutional-grade assets are brought in, its open financial network will continue to broaden access to global capital markets.

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Circle Mint Launches Digital Asset Collateral Lending Feature, Supporting Borrowing of USDC Against BTC Collateral

Circle announced that its Digital Asset-Backed Borrowing (DABB) feature is now live on the Arc and Ethereum networks, available to eligible Circle Mint institutional clients. Clients can deposit Bitcoin, mint Circle Wrapped Bitcoin (cirBTC), and supply cirBTC as collateral to third-party lending markets via a self-custody wallet within a single workflow. Borrowed USDC will be settled directly into the Circle Mint account balance, without requiring the sale of the pledged Bitcoin; the collateral can be released upon USDC repayment.

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World's First Bitcoin-Backed Digital Credit ETF Launches on B3, OranjeBTC Targets ~18% Annualized Yield

According to BitcoinTreasuries.NET on X, OranjeBTC (OBTC3) has launched DIGY11 on B3, Brazil's largest stock exchange — the world's first Bitcoin-backed digital credit-themed ETF. The ETF targets an annualized yield of approximately 18%, paid monthly.

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The Smarter Web Company Plans to Launch the UK's First Bitcoin-Backed Preferred Shares, IPO Could Raise $20 Million to $34 Million

Odaily News: The Smarter Web Company has announced plans to launch the UK's first Bitcoin-backed preferred shares, subject to shareholder approval. The company expects to raise $20 million to $34 million through a potential IPO, to be used for increasing its Bitcoin holdings and acquiring cash-flow-generating operating businesses.

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Firmus Signs Multi-Year Data Center Agreement with OpenAI, Malaysia Computing Capacity Exceeds 900 Megawatts

According to The Straits Times, Australian AI infrastructure company Firmus announced a multi-year agreement with OpenAI to supply computing power from two data centers in Malaysia, establishing OpenAI as Firmus's anchor customer. Following the signing of the agreement, Firmus's contracted capacity across its global client portfolio has exceeded 900 megawatts. Backed by institutional investors including Nvidia, Jane Street, Blackstone, and Coatue Management, Firmus holds a recent valuation of over $10.5 billion. The company currently operates data centers in Australia and Singapore, with five additional facilities under development across the Asia-Pacific region. It plans to deploy Nvidia's next-generation Vera Rubin processors at scale in the Asia-Pacific.

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Better and Coinbase Launch Bitcoin-Backed Loans with Reusable Collateral

Better partners with Coinbase to launch Bitcoin-backed loans, enhancing capital efficiency and reducing borrowers' tax burden through an innovative collateral reuse mechanism.

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Artificial intelligence company Humain plans to raise $2.5 billion to establish a data center investment fund.

According to Bloomberg, AI company Humain is planning to raise its first $2.5 billion in funding to establish a fund dedicated to data center investments. Sources familiar with the matter said the fund will finance 250 megawatts of data center capacity being developed in partnership with Al Moammar Information Systems, with the total scale potentially expanding to 1 gigawatt in the future. Backed by Saudi Arabia’s Public Investment Fund (PIF), Humain is advancing local AI compute and data center infrastructure to meet growing demand for AI processing.

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Ireland Launches Tax-Free Savings Account Supporting Stock and ETF Investments

According to Bloomberg, Ireland has announced a new savings account plan that allows investors to hold stocks and ETFs within the account while enjoying tax benefits. Backed by the state, the account is expected to officially launch in early next year, offering full tax exemption up to a certain threshold, with a low fixed tax rate applied to amounts exceeding it. The specific tax-free threshold and related details will be formally announced in the budget on October 6.

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Tether CEO Questions BIS Push for Tokenized Bank Deposits, Says Stablecoins Are Almost Fully Backed by U.S. Treasuries

Odaily News: Stablecoin issuer Tether CEO Paolo Ardoino stated that stablecoins are a more credible form of money than tokenized bank deposits, as the former is almost fully backed by U.S. Treasuries, while the latter typically has only 10% liquid asset backing.Pablo Hernandez de Cos, General Manager of the Bank for International Settlements (BIS), said stablecoins raise concerns regarding redemption capacity, supply, interoperability, and their potential to facilitate criminal activity, adding that tokenized bank deposits represent a more direct path to preserving the foundations of the monetary system while leveraging tokenization.Ardoino noted that USDT's market capitalization has surpassed $183 billion and is used in some emerging markets for domestic and cross-border commerce. In discussions surrounding the CLARITY Act, banks have expressed concerns that allowing crypto exchanges to offer incentives on stablecoins could trigger deposit outflows. (Bitcoin.com News)

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Bullish Provides $100 Million in Funding to USD.AI to Support GPU-Backed Loans

According to CoinDesk, cryptocurrency platform Bullish will provide $100 million in stablecoin debt financing to USD.AI to support loans collateralized by GPUs and other high-performance computing assets, advancing AI infrastructure development.

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Better and Coinbase Launch Bitcoin-Backed Mortgage Product, Allowing Borrowers to Pay Down Payments Without Selling BTC

Odaily News - U.S. mortgage lender Better Mortgage and cryptocurrency exchange Coinbase have announced the launch of a bitcoin-backed mortgage product that allows U.S. homebuyers to use BTC as collateral for their down payment loan, eliminating the need to sell their bitcoin holdings. The product is now officially open for applications.The product consists of a Fannie Mae-backed mortgage paired with a separate down payment loan. Borrowers are required to pledge BTC valued at least 250% of the down payment loan amount, with the collateral transferred to Better's custody account on Coinbase Prime. Both loans carry the same interest rate and amortization period, and are repaid through a single monthly payment.A decline in the bitcoin price will not independently trigger a margin call or alter the mortgage terms, but if a borrower falls 60 days or more behind on payments, Better may liquidate the pledged BTC. Applicants must be U.S. residents with a verified Coinbase account, and Coinbase One members can also earn a 1% rebate of up to $10,000, which can be applied toward closing costs and fees. (Cointelegraph)

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Better Launches Bitcoin-Backed Loans, Coinbase Assists with Custody

Better partners with Coinbase to launch Bitcoin-backed loans, allowing borrowers to access funds using BTC as collateral without liquidating assets, thereby gaining liquidity while avoiding capital gains taxes.

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