News linked to both this project and an event.
Anchorage Digital has reportedly cut 17% of its workforce, affecting approximately 68 positions, primarily due to the downturn in the cryptocurrency market. Despite these downward pressures, the company secured a $100 million strategic investment from Tether.
According to Chaoxiang Research, in a research report dated September 28, 2026, UBS noted that the S&P 500's forward P/E ratio has declined 17% from its November high last year, while the 10-year US Treasury yield has increased by approximately 100 basis points year-to-date to 5.2%, placing it roughly 80 basis points above its one-year moving average. Over the past four decades, the 10-year US Treasury yield has exceeded 1.5 standard deviations only seven times. Current market pricing implies that the Federal Reserve will implement rate hikes totaling approximately 88 basis points over the next year, falling just short of the 100-basis-point threshold. UBS maintains that the Fed's path of rate hikes will determine the direction of equity markets. Historical precedent indicates that when rate hikes surpass 100 basis points within a year, the S&P 500 yields negative returns after twelve months; conversely, following moderate rate hikes, the index averages a 17.7% gain over the same period. Current pricing more closely mirrors a moderate tightening scenario. The valuation model suggests an implied upside potential of roughly 21% for the S&P 500. In terms of asset allocation, investors are advised to focus on high-growth, low-valuation sectors, including semiconductors, pharmaceuticals, refining, and diversified banks.
well-known trader Bonk Guy posted that the crypto market may be nearing a turning point. In a worst-case scenario, it could still experience several more weeks of decline or consolidation before potentially entering a sustained rally. He believes that if investors are highly bullish on a token's performance in Q4, the current risk-reward ratio favors actively buying the dip; if a token is expected to break a $1 billion market cap, then the difference between buying at a $20 million or $25 million valuation may not matter much.Bonk Guy also stated that the biggest risk right now is missing the next rally due to the bearish sentiment on Crypto Twitter (CT). He advised against paying too much attention to 1-minute candles and suggested buying the dip and reducing short-term trading.
According to Decrypt, Morgan Stanley has become a strategic partner of New York Prediction Market Summit NEXTPredict and will host discussions on institutional capital entering prediction markets at the event scheduled for October 22–23. Pierre Lindh, co-founder of NEXTPredict, noted that this marks the first time a bank has publicly engaged in events within this sector. The session will be moderated by Stephen Grambling, Head of US Gaming, Hotels & Leisure Research at Morgan Stanley, focusing on the opportunities for institutional funds to enter prediction markets, along with market structure and risk considerations. Currently, around 90% of liquidity and trading volume in prediction markets remains concentrated in sports contracts, though some financial institutions are beginning to explore its potential applications in market forecasting, internal forecasting, and corporate risk hedging. Morgan Stanley previously also took part in Kalshi’s $1 billion Series F funding round completed in May this year.
PPP prediction market tool monitoring shows that Polymarket's "OpenAI valuation will reach $975 billion by September 30" probability has risen to 63%, up 30% in 24 hours.If, as of September 30, 2026, OpenAI's private market valuation as published on the Nasdaq Private Market has reached or exceeded $975 billion, it will settle as "Yes"; otherwise, it will settle as "No."If OpenAI completes an IPO or direct listing during this period, the listing pricing and post-listing public market capitalization will also be taken into account. Subsequent revisions to historical data by NPM are generally not counted, unless they are corrections of obvious data errors.Join the PPP signal push community to stay one step ahead and seize the advantage.
Odaily News: The fund was founded by Abu Dhabi-based investor and Further Ventures co-founder Mohamed Hamdy, with Thoro Capital Management serving as the manager and Mohamed Hamdy as Managing Partner. Thoro Capital Management will settle in USD via stablecoins and lend directly to digital asset institutions, with Hashed as the anchor investor. The fund employs a covenant-based underwriting approach, assessing borrowers' financial condition, cash flow, and management performance, aiming to alleviate the financing issues caused by traditional banks' regulated capital requirements and crypto lenders' reliance on asset-collateralized underwriting. Tokenized private credit has become the largest real-world asset (RWA) category by cumulative on-chain lending volume, with total loans exceeding $14 billion, while the traditional private credit market exceeds $3 trillion. Previously, Hashed obtained a financial services permission from the Abu Dhabi Global Market and signed a memorandum of understanding with the Abu Dhabi Investment Office.
As reported by Astana Times, Kazakhstan's regulated cryptocurrency market recorded a trading volume of $10.58 billion in 2025, marking a significant surge from $320 million in 2023, while the number of users increased from 53,000 to 215,000. At the same time, Kazakhstan ranked within the global top 10 for submission numbers to the International Solana Hackathon, with over 8,000 individuals completing training through the Solana ecosystem and more than 2,000 earning certificates. Additionally, 57 Web3 startups in the country have already received a combined total of approximately $262,000 in funding, and plan to complete the tokenization of real estate and logistics projects valued at up to $60 million by the end of 2026, exploring the feasibility of digital assets as a new channel for economic financing.
According to STAR Market Daily, Shanghai-based embodied touch company Qianjue Robotics announced the successful closure of two consecutive rounds of strategic financing totaling hundreds of millions of yuan. Previously, Qianjue Robotics had announced the completion of a funding round exceeding 100 million yuan, with investors including embodied AI industry partners, Tianji Capital, and Jide Electric Appliances. Qianjue currently counts among its shareholders financial investment institutions such as Hillhouse Capital Ventures, Origin Capital, and Futeng Capital, as well as industry players in the embodied intelligence and industrial sectors like Li Auto, Zhiyuan Robot, and Jide Electric Appliances. The proceeds from this round will be primarily allocated to product upgrades, business expansion, and industrialization, accelerating the iteration and large-scale delivery of high-precision vision-tactile sensors, refining real-world interaction data collection, tactile simulation, and dataset construction, and continuously advancing the R&D of tactile embodied models and tactile world models.
According to Cointelegraph, the U.S. Senate failed to advance a procedural vote on the Digital Asset Market Clarity Act (CLARITY Act) on Tuesday. Bernstein analysts anticipate that the SEC and CFTC will subsequently embark on "proactive and swift" rulemaking to compensate for the time lost during prior negotiations. The forthcoming regulations are expected to cover: classification criteria for token offerings, developer protections for DeFi and self-custody protocols, innovation exemptions for equity tokenization, an expedited approval pathway for physical asset perpetual futures, and swap designation rules for federal sports event contracts. Bernstein pointed out that the CLARITY Act was originally intended to provide the industry with institutional safeguards against "shifts in political winds," and its defeat has once again cast doubt on regulatory certainty. Analysts also noted that the likelihood of a reconsidered vote on the bill remains low.
Bernstein analysts said that after the U.S. Senate failed to pass the procedural vote on the Digital Asset Market Clarity Act, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are expected to accelerate the development of digital asset regulatory rules.The analysts expect the new rules to cover the classification of fundraising tokens, protections for DeFi and self-custody protocol developers, innovation exemptions for equity tokenization, approval of real-world asset perpetual futures, and adjustments to swap classification rules for federal sports event contracts. (Cointelegraph)
PPP prediction market monitoring shows that on Polymarket, the probability of "OpenAI's valuation will reach $1 trillion by the end of 2026" has risen to 82%, up 20% in 24 hoursIf from the event creation date through December 31, 2026, the OpenAI NPM Price published by Nasdaq Private Market corresponds to a private market valuation that at any point reaches or exceeds the target valuation set by the event, it resolves as "Yes"; otherwise, it resolves as "No."NPM publishes data only on trading days and updates it at 1:00 PM ET the following day. If by January 1, 2027, relevant data has still not been published, the event may remain open at the latest until January 4 at 11:59 PM.If OpenAI conducts an IPO or direct listing during this period, then in addition to the pre-listing NPM valuation, the valuation corresponding to the official offering price and the public market market cap from after listing through December 31, 2026, will also be referenced. Public market cap is calculated as "the highest/lowest official trading price on a trading day × the total number of outstanding common shares at that time."In simple terms: as long as before the end of 2026, OpenAI has at any point reached the valuation threshold set by the event according to NPM or official post-listing market data, it counts as "Yes."Join the PPP signal push community to stay one step ahead and seize the opportunity.
Odaily reports: The Securities and Exchange Board of India (SEBI), in collaboration with the Reserve Bank of India (RBI), has launched the "Demat 2.0" pilot to issue and settle corporate bond tokens on permissioned ledgers operated by NSDL and CDSL, covering a corporate bond market of approximately $620 billion.State-owned lender REC, Larsen & Toubro, and non-bank lender IIFL Finance have collectively raised approximately $107 million through this framework. The system connects to the RBI's wholesale digital rupee to enable simultaneous settlement of bonds and funds, and automates interest payments and redemptions via smart contracts.SEBI stated that the legal terms, credit ratings, trustee arrangements, listing rules, and investor protections for tokenized bonds remain unchanged. Investors can hold tokens in their existing Demat accounts, with secondary trading and retail participation to be introduced in subsequent phases. (Decrypt)
According to sources familiar with the matter, Anthropic has selected Nasdaq as the listing exchange for its potential IPO and plans to advance the listing process in October. Market estimates suggest the company's valuation could reach $2 trillion, but the exact figure has not yet been finalized.
Odaily reports: The Securities and Exchange Board of India (SEBI) stated that under the Demat 2.0 pilot, three issuers have raised a cumulative 102.5 billion rupees (approximately $1.072 billion) through tokenized corporate bonds. The pilot utilizes distributed ledger technology to issue, hold, and settle corporate bonds.Among them, REC was the first to complete a 50 billion rupee fundraising on September 7, with 18 investors participating; L&T raised 50 billion rupees on September 9, subscribed by 4 investors; IIFL raised 2.5 billion rupees on the same day, subscribed by 1 investor.SEBI stated that Demat 2.0 records corporate bonds as native digital tokens on depository institutions' distributed ledgers, and connects to wholesale central bank digital currency (CBDC) through the Reserve Bank of India's (RBI) Unified Market Interface, enabling atomic settlement of bonds and funds, which is expected to shorten post-issuance fund settlement time from the traditional 2 to 3 days to same-day.SEBI emphasized that tokenized bonds do not constitute a new category of corporate bonds, and their ISIN, issuer obligations, coupons, maturity dates, covenants, ratings, and investor rights remain consistent with traditional electronic corporate bonds. Currently, the first phase of the pilot is aimed at institutional issuance, with secondary trading and retail investor participation to be advanced in subsequent phases. (The Block)
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
Odaily News - Bloomberg ETF analyst Eric Balchunas stated on the X platform that Tema is launching a prediction market ETF. However, this product is a thematic ETF, not an actual event contract ETF, which the SEC is still considering. The ETF will allocate 15% of its positions to private assets from Kalshi and Polymarket, with a management fee of 75 basis points.
Odaily News: Binance founder Changpeng Zhao (CZ) stated at Bitcoin Asia that Bitcoin may surpass gold in the next bull market, with the current market cap gap between the two standing at approximately 10x. Ricardo Salinas Pliego estimates that if Bitcoin were to reach gold's total market cap, its price could reach approximately $1.86 million.He noted that if Bitcoin becomes a strategic reserve asset for nations, its importance could surpass that of gold; however, central banks and governments have already established systems for valuing, storing, and managing gold, and transitioning to Bitcoin will take time.Glassnode data shows that Bitcoin's 90-day correlation with gold has risen from 0.21 in March to approximately 0.57, while its correlation with the Nasdaq 100 index has fallen from 0.57 to 0.22. Other estimates indicate that its correlation with gold stands at approximately 0.59, the highest level since 2020. (Bitcoin.com News)
Odaily News: Robinhood has reached an agreement with Crypto.com to further expand its prediction market business. Under the agreement, Robinhood will list event contracts provided by OG.com, Crypto.com's prediction market platform, and will take a minority stake in both Crypto.com and OG.com.Following an investment from Citadel Securities in July this year, OG.com's valuation has reached approximately $5 billion. (WSJ)
According to Odaily, the yen has continued to strengthen recently, pushing the U.S. dollar index (DXY) lower and providing short-term support for dollar-denominated assets such as Bitcoin and gold. Data shows that the U.S. dollar against the yen (USD/JPY) fell 1.4% intraday to 156.40, after already declining 0.9% on Wednesday; the euro, pound, and Australian dollar all edged higher against the dollar. As a result, the DXY fell 0.4% to 99.22, approaching its 200-day moving average.Analysts believe this trend typically favors dollar-denominated assets like Bitcoin, while also helping to ease global financial conditions and boost market risk appetite. However, if the yen appreciates too rapidly, this logic could quickly reverse.Over the past decade-plus, many investors have used low-cost yen financing to invest in stocks, bonds, and even cryptocurrencies. If the yen appreciates sharply, yen carry trades could unwind, triggering a sell-off in risk assets. When yen carry trades were unwound in August 2024, Bitcoin fell roughly 20% within days.Market expectations are currently growing that the Bank of Japan will raise its policy rate from 1% to 1.25% on September 18, and the yen continues to face further appreciation pressure. Reports also indicate that officials from the U.S. and Japan have previously taken action to address "disorderly yen movements." Therefore, while a moderate yen appreciation is currently favorable for Bitcoin, if it evolves into a rapid, disorderly appreciation, it could instead become a risk factor for BTC. (CoinDesk)
The winning allocation numbers for Enflame Technology’s STAR Market IPO were released on the evening of September 3. At an issue price of 142.18 RMB per share, the offering is expected to raise 6.119 billion RMB. This issuance comprises 43.035173 million shares across a total of 20,657 winning numbers. Founded in March 2018, Enflame Technology is grouped with Moore Threads, MetaX, and Biren Technology under the title of the “Four Little Dragons” of domestic GPUs. The proceeds will be allocated to projects including the research, development, and commercialization of fifth- and sixth-generation AI chips.