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Deutsche Bank and DWS to explore tokenized money market funds and other products; DWS plans to launch a tokenized money market fund
Odaily: Deutsche Bank and DWS will explore tokenized money market funds and other products, and DWS plans to launch a tokenized money market fund. Manfred Bauer, Chief Product Officer of DWS, said that DWS plans to launch the fund. As of September 30, DWS had assets under management of €1.22 trillion. The two parties signed a memorandum of understanding to explore custody, settlement, liquidity management, and distribution arrangements related to tokenized money market funds, crypto asset ETCs, and stablecoins.
Raised approximately $2.521 billion, Strategy's Stretch completes its first offering and purchases 21,021 bitcoins
Odaily reports: Michael Saylor posted on X that digital credit combines financial infrastructure that has gradually developed over centuries, including corporate equity, preferred stock, trading markets, tax law, and securities regulation. Strategy's Stretch completed its first offering in July 2025, raising approximately $2.521 billion, and Strategy stated that it has used the net proceeds after deducting fees to purchase 21,021 bitcoins. Stretch is a perpetual preferred stock traded on Nasdaq, adopting a monthly dividend rate policy determined by the board of directors.
Bermuda Partners with WalletConnect to Bring Crypto Payments to Local Merchants
Odaily: Bermuda is partnering with WalletConnect to introduce cryptocurrency payments for local merchants. The initiative will launch in Q2 2027, initially rolling out on the ticketing platform PTIX. When paying via PTIX, funds will be transferred directly from the customer's wallet to the event organizer's wallet, arriving within seconds.
Gate Founder and CEO Dr. Han will be invited to participate in a CoinMarketCap AMA tonight to discuss how Gate Money is building a new integrated financial space
Odaily reports that Gate Founder and CEO Dr. Han will be invited to participate in a CoinMarketCap (CMC) live AMA on October 15 at 21:00 (UTC+8). Under the theme "One Gate, Everything Money," he will introduce how Gate Money connects crypto assets, stocks, gold, and bank accounts through a single App, and explain Gate's thinking behind its expansion into comprehensive financial services, exploring an integrated experience for asset holding, trading, and payments.This session will also focus on Gate's positioning in traditional financial assets such as stocks and ETFs, analyzing the differences between physical stocks, tokenized stocks, and stock perpetual contracts, as well as the application opportunities for stablecoins and asset tokenization in cross-border payments, on-chain settlement, and other scenarios. As the connection between digital assets and traditional finance grows increasingly close, Dr. Han will draw on Gate's product practices to share the development direction of integrating multi-asset management with everyday financial services.
B.AI Officially Supports WalletConnect, Upgrading the Web3 Access Experience
Odaily News: On September 30, B.AI announced that it now supports WalletConnect. Users can use this feature to connect compatible mobile wallet apps, log in to B.AI with one click, and quickly complete top-ups. When using the B.AI App, users can complete the connection by scanning a QR code. This upgrade further connects AI access with Web3 wallets, identity, and payment capabilities, allowing users to connect to the world's leading AI models with decentralized identities and enjoy a safer, more efficient intelligent creation experience.
HANetf Partners with HSBC to Launch GBP and EUR Hedged Bitcoin ETCs
Odaily News: HANetf has partnered with HSBC to launch GBP- and EUR-hedged Bitcoin exchange-traded commodities (ETCs), described as among the world's first such products to provide Bitcoin exposure while mitigating the impact of USD exchange rate fluctuations.The GBP-hedged product GBTC is already trading on the London Stock Exchange, while the EUR-hedged product EBTC is trading on Xetra and Euronext Paris, with HSBC providing currency hedging services. The products target long-term Bitcoin investors concerned about a weakening US dollar, eliminating the need for investors to manage custody themselves. (CoinDesk)
HANetf Launches the World's First Euro-Hedged Bitcoin ETC, with Currency Hedging Provided by HSBC
Odaily News — European ETF and ETC platform HANetf has launched the Arrow Bitcoin EUR Hedged ETC (EBTC), which HANetf says is the world's first bitcoin ETC to offer euro currency hedging. The product is designed to give euro-denominated investors exposure to bitcoin price movements while reducing the impact of EUR/USD exchange rate fluctuations on investment returns, with the related currency hedging provided by HSBC. (WSJ)
CoinMarketCap Appoints David Salamon as New CEO
Odaily: CoinMarketCap has officially announced the appointment of former Chief Product Officer David Salamon as its new CEO, succeeding Rush, who led the company for five years. During his tenure as Chief Product Officer, Salamon spearheaded the development of the AI product CMC AI and restructured on-chain data infrastructure through DexScan, a decentralized exchange data scanning platform. CoinMarketCap stated that it will further advance its product strategy for the AI-native era and continue to focus on building trusted data.
CoinMarketCap Completes Acquisition of Crypto Derivatives Data Platform Coinglass
Odaily reports that the transaction amount was not disclosed. Founded in 2019, Coinglass covers 28 exchanges and over 2,500 trading products, providing data on open interest, funding rates, liquidations, and options. It has more than 5 million monthly active users and over 10,000 API clients. Following the acquisition, CoinMarketCap will integrate Coinglass's derivatives data into its platform, offering information on market leverage positions, liquidation distribution, and funding rates to its 115 million monthly users. Coinglass will continue to operate as an independent business, with its website, app, free tools, API, and pricing remaining unchanged.
Hacker behind Fetch.ai and NuNet exploits holds $16.77 million in crypto assets after unauthorized minting of over 313 million tokens on SingularityNET
Odaily reports that according to PeckShield monitoring, the hacker who previously attacked Fetch.ai and NuNet exploited a vulnerability in SingularityNET to unauthorizedly mint 260 million AGIX and 53.838 million WMTX on the Ethereum network. The attacker currently holds approximately $16.77 million in crypto assets, including 198.3 million AGIX worth about $14.42 million; 649 ETH worth about $1.67 million; and 33.538 million WMTX worth about $627,400.
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The return of the ETC renaissance|The results of the first ecological incentive plan announced
2023
07/21









