Project Updates - BounceBit launched V3 ("Big Bank"), featuring a perp DEX with liquidity provider pool funding buybacks [1] - A new rebasing BB-token standard was introduced [1] Strategic Direction - The release emphasizes a chain-first approach, with flows settling on BounceBit Chain [1] - Value is concentrated in BB as the network's core token [1]

VC Monthly Report in September：there were 62 publicly disclosed Crypto VC fundraising rounds in September 2025, a decrease of 25.3% month-on-month (83 rounds in August 2025) and a decrease of 37.4% year-on-year (99 rounds in September 2024). The total fundraising amount in September 2025 was $5.122 billion, an increase of 5.2% month-on-month ($4.869 billion in August 2025) . Read more: https://t.co/lfh4g9hgb3 ...

Market Trends - Monthly trading volume on Perp DEXs surpassed $1 trillion for the first time, reaching $1.143 trillion [1] - The trading volume represents nearly a 50% month-over-month increase [1] Protocol Performance - Protocols with over $100 billion in Perp trading volume included Aster, Hyperliquid, and Lighter [1]

Robinhood CEO Vlad Tenev said at Token2049 in SG that tokenization will consume the entire financial system, putting all assets on-chain and merging traditional finance with crypto. He noted U.S. regulation lags Europe, but the trend is unstoppable. The tokenization market is about $32 billion, while global equities were valued at over $115 trillion as of 2023. https://t.co/mAI42X9eyt ...

Hyperliquid Founder: Crypto's Value Extends Beyond MoneyAt TOKEN2049 Singapore, the founder of Hyperliquid argued that crypto's innovation is not confined to monetary design but lies equally in social coordination. People from diverse backgrounds self-organize and build together, creating a bottom-up ecological force. He noted that while some once doubted Hyperliquid could ever "house all finance," practice shows that decentralization can support financial primitives and enable a new collaboration paradigm: ...

Spot ETF Inflows - Bitcoin spot ETFs recorded $676 million in net inflows, marking the third consecutive day of inflows [1] - Ethereum spot ETFs saw $80.79 million in net inflows, also extending their streak to three consecutive days [1]

Regulatory Compliance & Market Entry - Polymarket is set to reopen to U S users after nearly four years of an effective ban by the CFTC [1] - Polymarket acquired QCX LLC (now renamed Polymarket US) for $112 million [1] - The acquisition secured a Designated Contract Market (DCM) license [1] Business Expansion - The DCM license allows Polymarket to self-certify markets for U S users, including sports and election [1] - The launch could happen as early as tomorrow [1]

New Cryptocurrency Listing - Binance launched the 48th HODLer Airdrop project, DoubleZero (2Z) [1] - Trading pairs for 2Z include 2Z/USDT, 2Z/USDC, 2Z/BNB, 2Z/FDUSD, and 2Z/TRY [1] - Trading will commence on October 2, 2025, at 13:00 (UTC) [1] - The Seed Tag will be applied to 2Z [1]

Business Combination - Avalanche Treasury Co (AVAT) 宣布与 Nasdaq SPAC Mountain Lake Acquisition Corp (MLAC) 达成 6.75 亿美元的业务合并 [1] - 该合并包括约 4.6 亿美元的国库资产 [1] AVAX Investment - AVAT 已经以折扣价购买了 2 亿美元的 AVAX，并拥有 18 个月的优先权 [1] - AVAT 目标是在上市后持有超过 10 亿美元的 AVAX [1] Valuation - 入场估值为 0.77 倍的 mNAV（23% 的折扣） [1]

Financial Strategy - VivoPower, a Nasdaq-listed company, completed a $19 million equity raise through a common stock offering [1] - The offering was priced at $6.05 per share [1] Digital Asset Treasury - The new capital will support VivoPower's digital asset treasury strategy [1] - This strategy includes the acquisition, management, and long-term holding of XRP [1]