Odaily News: Ferrari NV tokenized stock RACE has launched on Solana through the Sunrise asset gateway, with Backpack Securities serving as the issuer, effective October 6. Each RACE token is backed 1:1 by one actual Ferrari share held in regulated custody, and holders can redeem it for traditional stock equity through Backpack Securities. The token is supported on trading venues including Phantom, Jupiter, and Raydium, offering 24/7 trading and eligibility for dividends and corporate actions; Backpack plans to expand its tokenized stock tickers on Solana from approximately 200 to 10,000.

Odaily News: Startale Japan Co. Ltd. has announced the launch of a digital corporate bond, with both interest and principal paid in the Japanese yen stablecoin JPYSC. The bond is offered to individual and corporate investors in Japan and will not be issued to overseas investors.

JPYSC is issued by SBI Shinsei Trust Bank with trust assets managed by the bank, pegged 1:1 to the Japanese yen, and classified as a Type III electronic payment instrument under Japan's Payment Services Act. SBI VC Trade serves as the issuing trustee and is responsible for issuance and distribution, while Startale Group provides the underlying technology.

Startale Group CEO Sota Watanabe stated that the bond will test JPYSC's application in actual interest and principal payments. The announcement did not disclose the bond's issuance size, coupon rate, maturity date, or individual investment limits. (Bitcoin.com News)

Odaily News: According to Onchain Lens monitoring, BitMine (0xE0cd...e22) purchased and received 12,500 ETH from BitGo, worth $33.65 million. BitMine currently holds 4.9% of the total ETH supply, approaching its "Alchemy of 5%" target.

According to Gate data, the US dollar against the Japanese yen (USDJPY) has risen above 158.5, currently at 158.500, with a 24-hour gain of 0.4%.

According to on-chain analyst Yu Jin's monitoring, Meme launchpad Pump.fun transferred 102,497 SOL in fee revenue to the exchange Kraken 9 hours ago, worth $12.41 million.

Odaily News: According to MSX.COM data, U.S. stocks closed with the Dow up 0.49%, the S&P 500 up 0.58%, and the Nasdaq up 0.45%, while the VIX fear index fell 3.29%. AI-related stocks rose broadly, with Astera Labs up 7.58%, Marvell up 5.81%, CoreWeave up 4.95%, Arista Networks up 4.09%, and Dell up 3.93%.

It is reported that MSX is a leading RWA trading platform and has listed hundreds of RWA tokens cumulatively, covering popular U.S. stocks and ETF token assets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News: According to the latest Gate data, the price of gold fell to $4,156.16 per ounce, with an intraday decline of 0.28%. The price of silver fell to $61.227 per ounce, with an intraday decline of 0.07%.

In the forex market, the U.S. dollar rose 0.03% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.70338. The U.S. dollar rose 0.22% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 158.415.

In global stock indices, the Euro Stoxx 50 index (EUSTX50) fell 0.32% intraday to 6,241.6 points; the UK FTSE 100 index (UK100) fell 0.03% intraday to 10,537.2 points; and the German DAX 40 index (GER40) fell 0.03% intraday to 25,356.8 points.

In commodities, WTI crude oil rose 0.32% intraday to $92.26 per barrel. Brent crude oil rose 0.28% intraday to $104.99 per barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate TradFi-related functions have been fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.

According to Lookonchain monitoring, Pump.fun sold another 102,500 SOL 8 hours ago, worth $12.41 million. It has cumulatively sold 5,347,900 SOL, worth $861 million, at an average price of $161.

Odaily News: Following reports that Peter Thiel's Founders Fund led a $5 million purchase of Anvil governance tokens, ANVL surged over 83% in 24 hours, now trading at $0.001242, with a market cap rising to $109 million. FDV is currently reported at $124 million, with 24-hour trading volume of $415,000. Anvil is built on Ethereum and aims to use digital assets as collateral for financial commitments such as payments and credit. Its research and development company, Anvil Research Labs, has simultaneously launched an SDK to help enterprises and financial institutions integrate the protocol without writing blockchain code. Consensus, Bitcoin.com, and payment company Flexa have been listed as partners.

Currently, ANVL has a total supply of 100 billion tokens, with a circulating supply of approximately 80 billion. Anvil network TVL is approximately $14 million. Unlike traditional DeFi lending protocols, Anvil primarily provides guarantees for financial commitments through on-chain collateralized assets, rather than having users borrow and pay interest.

Odaily News: According to on-chain analyst Ember Monitoring, 6 hours ago, a U.S. government address transferred out 833.6 BTC and 40,300 BNB, worth $103 million. Among them, 833.6 BTC has entered Coinbase Prime; 40,300 BNB, after multiple transfers, is currently located at address 0xBE7...81E. The U.S. government address currently still holds assets worth $28 billion, primarily consisting of 324,000 BTC, valued at $27.7 billion.

Odaily News: ether.fi has announced a partnership with MoonPay to migrate its core payment infrastructure to MoonPay's integration stack, enabling deposits, on-chain transfers, and withdrawals under a self-custody model. The two parties will launch four products: Headless Ramps for UI-free on-ramp and off-ramp, Trade for cross-chain swaps and routing, Enterprise for corporate-grade virtual accounts supporting ACH, SWIFT, and SEPA, and crypto top-ups. Following the integration, users will only need to complete identity verification once.

ether.fi disclosed that its card processed $123.7 million in spending in September across 1.5 million transactions, representing a more than 5x year-over-year increase; cumulative spending from April 2025 to date has reached $918.1 million, with platform assets under management exceeding $6 billion.

Odaily reports that Navra has announced the completion of an oversubscribed $19 million Series A funding round, led by Ribbit Capital, with participation from Baseline, DCM, and others. Jump Crypto and Figure Technology Solutions are strategic investors. Navra primarily provides access to multiple blockchain venues through a single interface, with direct connections to DeFi yield protocols and cash ramps. It offers keyless self-custody services that meet qualified custody requirements, with built-in AI agents; the institutional version also supports enterprise team management and full audit trails.

Odaily News: The Dubai Virtual Assets Regulatory Authority (VARA) issued a reserve asset audit circular on October 6, clarifying the minimum requirements for independent audits of VASPs. VASPs must maintain reserves of no less than 100% of customer liabilities throughout the entire review period, held 1:1 in the same virtual assets, with daily reconciliation. The audit scope must cover hot wallets, warm wallets, cold wallets, third-party wallet infrastructure, and third-party custodied assets, and must verify customer asset segregation, wallet control, and whether any re-staking, lending, or other use exists.

Odaily News: Prediction market platform Kalshi has won a partial preliminary injunction against the state of Illinois. On October 2, Judge Martha M. Pacold of the U.S. District Court for the Northern District of Illinois ruled that the state's sports betting licensing regime and related criminal provisions may be preempted by federal law and cannot currently be enforced against Kalshi.

The ruling temporarily blocks Illinois from requiring Kalshi to hold a state license, which was originally intended to restrict traders to those aged 21 or older and physically located within the state, as well as to limit the sporting events that contracts could track. The court also declined to rule on Illinois's newly established prediction market fees.

Pacold stated that contracts on championship winners may constitute swaps under the Commodity Exchange Act and should be traded on designated contract markets and subject to federal regulation. This determination differs from the Ninth Circuit Court of Appeals' August conclusion that such contracts constitute gambling rather than swaps.

This is Kalshi's first victory in federal court since July. Illinois's new budget law imposes a 1.75% fee on the first 5 million relevant transactions on exchanges, then 3.5% thereafter, plus a 15% gross revenue fee and a per-transaction fee of 25 or 50 cents; the court has asked the parties to submit supplemental briefs on the fee issue. (Bitcoin.com News)

Odaily News: Bitcoin News posted on X platform that the SEC has approved Cboe BZX to list the 3x Bitcoin ETF launched by Volatility Shares. The product aims to track 3 times the daily fluctuation of the Bitcoin futures benchmark. When Bitcoin futures rise 1%, the fund targets a 3% gain before fees; when they fall 1%, it targets a 3% loss. The ETF still needs to wait for its registration statement to become effective before trading, and the fund holds Bitcoin futures rather than spot Bitcoin.