Core Insights - UBS has completed its first end-to-end tokenized fund transaction using the Chainlink Digital Transfer Agent (DTA) technical standard, highlighting the integration of blockchain technology into institutional finance [1][2] - The transaction involved the UBS USD Money Market Investment Fund Token (uMINT) and demonstrated the automation of fund lifecycles entirely on-chain [3][4] Group 1: Transaction Details - The live transaction was executed through UBS Tokenize in collaboration with DigiFT, showcasing automated fund operations on blockchain [2][3] - DigiFT acted as the on-chain fund distributor for uMINT, successfully completing subscription and redemption requests [3][7] Group 2: Operational Efficiency - The new tokenized fund workflow provides a secure, compliant, and scalable model for real-time investment fund operations [4] - The DTA protocol standardizes communication between on-chain and off-chain systems, ensuring transparency and operational efficiency [4] Group 3: Industry Impact - This transaction marks a significant milestone in enhancing fund operations and the investor experience through smart contract-based technologies [5][6] - The collaboration between UBS and DigiFT sets a new benchmark for institutional finance on-chain, demonstrating secure and scalable workflows for tokenized assets [6][7]

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Core Insights - Coinbase Global, Inc. experienced a 4.6% increase in shares on October 31, following better-than-expected Q3 2025 results, but saw a subsequent decline of 3.9% on November 3 due to a hack affecting the Ethereum-based protocol Balancer [1][2] Q3 Performance Analysis - Coinbase's Q3 earnings surged by 128.6% year-over-year, while revenues grew by 55.1%, exceeding Zacks Consensus Estimates [3] - Revenue growth was driven by strong performance in both Transaction and Subscription & Services segments, with increased trading volume and instant transfer activity contributing to the Transaction segment [4] - The company reported a cash outflow from operating activities of $638.8 million, compared to a cash inflow of $1.59 billion in the same period last year [4] Strategic Developments - The acquisition of Deribit in August 2025 led to over $840 billion in total derivatives volume in Q3, supported by increased participation from institutional and advanced traders [5] - Coinbase customers held an average of $15 billion in USDC, contributing significantly to USDC's all-time high market cap of $74 billion [6] Future Outlook - The company anticipates growth in subscription and services revenue in Q4 2025, driven by higher average crypto prices and the expansion of the Coinbase One subscriber base [6] - Total depreciation and amortization expenses are expected to exceed historical averages in Q4 due to the amortization of intangibles from recent acquisitions [7] ETFs with Coinbase Exposure - First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has $153.2 million in assets, with Coinbase representing 16.38% of the fund and a year-to-date gain of 26.2% [8] - iShares Blockchain and Tech ETF (IBLC) has $105.5 million in assets, with Coinbase holding 9.77% and a year-to-date surge of 82.7% [9] - Fidelity Crypto Industry and Digital Payments ETF (FDIG) has $293 million in assets, with Coinbase at 7.10% and a year-to-date increase of 64.6% [10] - Global X Blockchain ETF (BKCH) has $442.5 million in assets, with Coinbase at 6.97% and a year-to-date growth of 111.9% [11] - Bitwise Crypto Industry Innovators ETF (BITQ) has $512.8 million in assets, with Coinbase at 7.80% and a year-to-date gain of 71.2% [12][13]

Network Upgrade - Fermi Hardfork is now available for the BSC network, aiming to enhance network performance [1] - Block interval reduced by 40% from 750ms to 450ms, significantly improving transaction efficiency and network throughput [1] - Shorter block time facilitates faster processing and a smoother user experience [1] Testing and Deployment - Stress test on Testnet will be conducted, inviting community participation to validate BSC's enhanced performance [1] - Testnet activation scheduled for November 10, 2025, at 02:25 AM (UTC) [3] - Mainnet activation date to be determined following the stress test [3] Technical Details - Relevant release notes available in bsc-node v1.6.2 [2]

Core Insights - The "Hong Kong FinTech Week 2025" showcased over 700 exhibitors and 37,000 attendees, highlighting the growing interest in financial technology [1] - Fopay and Hang Feng Technology Innovation presented their strategic expansion in digital finance, focusing on cross-border payments and on-chain asset management [1][8] Group 1: Fopay's Cross-Border Payment Solutions - Fopay attracted significant attention with its stablecoin custodial services and immersive cross-border remittance experience zone, leading to long queues at its booth [3][5] - The platform launched a high-speed cross-border remittance feature, allowing attendees to experience instant fund transfers [3] - Fopay's localized stablecoin QR payment functionality was piloted in Brazil, enhancing the payment experience for users [4] Group 2: Hang Feng Technology Innovation's Asset Management Solutions - Hang Feng Technology Innovation focused on "Real Assets, Reimagined Wealth," targeting institutional investors with its on-chain asset management solutions [6][7] - The CEO emphasized the integration of traditional asset allocation models with blockchain technology, aiming for compliant and transparent fund solutions [7] - Plans for a next-generation digital asset infrastructure were revealed, which will be AI-enhanced and interconnected [7] Group 3: Synergy Between Fopay and Hang Feng Technology - The collaboration between Fopay and Hang Feng Technology Innovation represents a "Payments + Asset Management" dual-engine model [8] - This synergy aims to create a compliant, low-friction stablecoin payment network alongside efficient on-chain asset management solutions [8][9] - The initiative serves as a reference for integrating Web3 technologies with traditional economic systems, showcasing the commitment to digital finance innovation [9]

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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin would reach $150,000 by year end, according to Strategy (NASDAQ:MSTR) Chair Michael Saylor. “Our expectation right now is end of the year, it [Bitcoin] should be about $150,000,” Saylor told CNBC on Monday on the sidelines of the Money 20/20 conference in Las Vegas. He added that he expected the leading digital asset to “grind up” to $1 million in the next four to eight years and eventually $20 mil ...

Core Viewpoint - Tharimmune, Inc. has announced a private placement offering to raise approximately $540 million through the sale of common stock at a price of $3.075 per share, aimed at acquiring Canton Coin and supporting its digital asset treasury strategy [1][3][4]. Group 1: Offering Details - The private placement is expected to close around November 6, 2025, pending customary closing conditions [3]. - The offering involves participation from notable investors including ARK Invest, Bitwave, and the Canton Foundation, which oversees the Canton Network [2][6]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to acquire Canton Coin, a utility token for the Canton Network, and for general corporate purposes [3][4]. - Tharimmune plans to operate as a Super Validator on the Canton Network to generate additional CC tokens [3][4]. Group 3: Strategic Vision - Tharimmune believes that the Canton Network's blockchain technology is transforming financial infrastructure by enhancing programmability, privacy, and interoperability [4][5]. - The company aims to implement a diverse strategy that includes CC acquisition and the development of applications on the Canton Network to drive institutional utility and scalability [4][5]. Group 4: Management and Leadership - Mark Wendland has been appointed as CEO to oversee the digital asset treasury strategy, while Mark Toomey will serve as President [8]. - Both leaders bring extensive experience in operational leadership and global financial markets [8][9]. Group 5: Market Context - The Canton Network is noted for its ability to connect trusted institutions on a secure blockchain, with significant assets and support from major financial players [5]. - As of September 30, 2025, the Canton Network recorded over 500,000 daily transactions, showcasing its scalability [9].

Core Insights - BTCS Inc. is a blockchain technology-focused company that will participate in several investor conferences in November 2025 [1][2][3] - The company employs a strategy called the DeFi/TradFi Accretion Flywheel, which integrates decentralized finance and traditional finance mechanisms to drive revenue and Ethereum (ETH) accumulation [4] Conference Participation - Blockchain Futurist: November 5-6, 2025, Miami, FL [2] - Cantor Crypto Conference: November 10-12, 2025, Miami, FL [2] - The Premier On-Chain Yield & Staking Conference: November 15-16, 2025, Buenos Aires, Argentina [2] - EthStaker's Staking Gathering: November 18, 2025, Buenos Aires, Argentina [2] - Clear Street Disruptive Technology Conference: November 19-20, 2025, Palm Beach, FL [3] - Devconnect ARG: November 17-22, 2025, Buenos Aires, Argentina [3] Company Overview - BTCS is an Ethereum-first blockchain technology company focused on scalable revenue generation and ETH accumulation [4] - The company combines NodeOps (staking) and Builder+ (block building) within its blockchain infrastructure operations [4] - BTCS aims to provide leveraged exposure to Ethereum through public markets, emphasizing a yield-focused ETH accumulation strategy [4]