OKX exchange raises fresh capital at $25B valuation
OKX raised an undisclosed amount at a $25 billion valuation as an extension to March’s investment round led by the parent company of the New York Stock Exchange.
Finance
Securitize stock jumps 8% amid South Korea tokenization push
The LG CNS partnership gives Securitize a foothold as the Seoul prepares new rules for tokenized stocks, bonds and funds beginning in February 2027.
Ripple Backs OKX at $25B Valuation in New Funding Round – Bloomberg Reports
The post Ripple Backs OKX at $25B Valuation in New Funding Round – Bloomberg Reports appeared first on Coinpedia Fintech News
Ripple expands Brevan Howard deal with prime brokerage services
Ripple Prime will provide prime brokerage, clearing and financing services to funds managed by the $35 billion alternative investment manager.
Self-styled 'Godfather' gets 6 years in prison for $37 million Meta fraud scheme
Adam Iza, 26, a self-styled businessman who called himself “The Godfather," was sentenced to 78 months in federal prison for defrauding Meta of more than $37 million, the U.S. Department of Justice said Tuesday.
Australian Dollar advances as markets price in Fed October hold
AUD/USD gains 0.13% on Tuesday and trades around 0.6980 at the time of writing. The Australian Dollar (AUD) benefits from a modest pullback in the US Dollar (USD), as easing US Treasury yields provide support to the pai…
Czech Koruna: Hawkish CNB keeps CZK supported against Euro - Societe Generale
Societe Generale’s Kenneth Broux flags that a surprise upside in Czech inflation to 2.5% has reinforced the Czech National Bank’s hawkish stance. With policymakers signalling a possible hold or hike, attention turns to …
Polymarket overhauls smart contracts with new Protocol V2 rollout
Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current system.
Why Tight Credit Spreads Raise Risk for Bond Investors
Bond yields still look attractive, but investors are earning little extra for taking on corporate credit risk, according to Thornburg Investment Management. Key Takeaways: Investment-grade spreads reached their tightest…
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth
Arbitrum is joining the Global Dollar Network, the Paxos-led stablecoin consortium behind USDG, as the Ethereum layer-2 network looks to capture a slice of the economics from the stablecoins already circulating on its r…
Hong Kong officials double down on end-2026 deadline for crypto licensing bill
Hong Kong regulators plan to establish a licensing regime for four categories, including digital asset trading, custody, advisory and management services.
Think Rates Will Rise? These Income ETFs Are Ready
Yields are rising, and so are rates. Markets anticipate one more rate hike from the Federal Reserve to close out 2026. With stubborn inflation and massive borrowing by AI hyperscalers, rates may remain elevated some tim…
Cardano Price Prediction for October: Will ADA Break Above $0.30?
Cardano price is trading near $0.27, extending a sharp October recovery and approaching the major $0.285â$0.30 resistance zone.
Japanese Yen: Range-bound trade persists against US Dollar – UOB
United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann note that USD/JPY lacks clear directional cues in the short term, with intraday price action expected to remain confined between 157.55 and 158.45. Over th…
XRP News Today: Evernorth SPAC Vote Passes, Warrants Priced At $11.50
Armada Acquisition Corp. II (Nasdaq: XRPN), the SPAC merging with Evernorth, filed an 8-K with the SEC on October 5, 2026, and its shareholders have approved the business combination. The filing discloses a warrant amen…
Oil prices slip amid upbeat Mideast supply data, G7 stockpile release pledge
"Oil is little changed after yesterday's decline as traders continue to digest a modest easing in supply-side anxiety," said KCM Trade chief analyst Tim Waterer.
Crypto 'Godfather' Gets Six Years for Hiring Sheriff's Deputies, $37M Meta Fraud
Adam Iza used off-duty LA deputies to pull warrants and personal data on his rivals, then moved the proceeds through crypto custodians.
Bitcoin ETFs shed $90M as BTC sits 32% below year-old ATH
US spot Bitcoin ETFs reversed two days of inflows as Bitcoin slipped below $86,000, trading roughly 32% below its October 2025 all-time high.
Markets Overly Optimistic? 10 Low-Debt Stocks to Watch if Panic Selling Takes Hold
America is going broke, J.P. Morgan Asset Management’s chief global strategist, David Kelly, wrote in a note this week, but no one is panicking yet because the government is going broke slowly.
Indonesian Rupiah moves little as US Dollar (USD) remains steady amid safe-haven demand
USD/IDR remains steady after registering minor gains in the previous day, trading around 17,930 during the European hours on Tuesday. However, the pair may further appreciate as the US Dollar (USD) gains momentum, large…
Bitcoin Accumulation Builds as $3.3B Leaves Binance Exchange
Weekly Binance exchange outflows reached 23,100 BTC, the strongest since June 2023.
Listening Between the Lines: Active ETFs Bet on Pre-Call Tone
Earnings season kicks off in the coming days. PepsiCo leads the way, with major banks reporting soon after. Historically, financial advisors seeking fundamentally focused active equity strategies relied on mutual funds.…
Mike McGlone Says Bitcoin Has Not Beaten The Nasdaq Since 2017 Despite 3x The Volatility
The post Mike McGlone Says Bitcoin Has Not Beaten The Nasdaq Since 2017 Despite 3x The Volatility appeared first on Coinpedia Fintech News
Don Davis Bill Would Fine Candidates $10K for Trading on Their Own Elections
The No Betting on Your Own Race Act also gives prediction markets cover to close accounts and report candidates to regulators.