Odaily reports: According to on-chain analyst Yu Jin's monitoring, Arthur Hayes transferred a total of $3 million USDC to OTC trading platforms Flowdesk and Galaxy Digital approximately 10 minutes ago. Half a month ago, Hayes had liquidated multiple altcoins worth at least $49.25 million and stated that he planned to wait for prices to decline further before buying back at an opportune time. Since then, the prices of the related tokens he had previously sold have fallen by another approximately 15% to 30%. This latest transfer of USDC has sparked market speculation that he may be preparing to buy back in, though the purpose of the funds and specific purchase plans cannot yet be confirmed.

Odaily report: Marble, founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has announced its launch and the completion of an $11 million seed round led by Polychain Capital, with participation from Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and other institutions, as well as several angel investors from the AI sector. Marble operates two business lines: Marble Compute, which provides private credit channels for AI infrastructure developers, connecting institutional lenders with emerging cloud service providers and GPU operators; and Marble Markets, which is dedicated to building an institutional trading platform covering digital assets, real-world assets, prediction markets, and compute. Matt Ballensweig and Leon Marshall serve as co-CEOs; Ballensweig previously served as Global Head of Trading at BitGo, and Marshall previously served as CEO of Galaxy Digital's European business.

Odaily reports: Galaxy Digital has released its Q3 2026 financial results, reporting a net profit of $323 million, reversing the $85 million loss from the previous quarter; adjusted gross profit was $569 million, and adjusted EBITDA was $455 million. Among these, adjusted EBITDA for Treasury and Corporate was $395 million, Data Center business was $69 million, and Digital Asset business recorded a loss of $9 million. Digital asset trading volume grew 12% quarter-over-quarter, and total assets under management and staking grew 46% quarter-over-quarter to $10.4 billion. On the data center side, Helios I Phase 1 has delivered all 133 MW of critical IT load to CoreWeave, and Phase 2 has secured full financing; the company completed a $3.5 billion senior secured notes offering, with the data center projects' potential total power capacity exceeding 5.7 GW.

Odaily Report: Ethereum treasury company SharpLink held approximately 892,708 ETH as of the end of the third quarter, valued at approximately $2.1 billion under US GAAP; as of November 2, its ETH holdings had increased to approximately 895,117 ETH.On September 28, SharpLink completed a $200 million ETH staking allocation through the decentralized protocol Lido, receiving wstETH. The Galaxy SharpLink Onchain Yield Fund began deploying capital in the third quarter, with an initial commitment of $125 million, of which SharpLink contributed $100 million and Galaxy Digital contributed $25 million. SharpLink also made a strategic equity investment in Blockspace, an Ethereum validation and staking infrastructure company. (Bitcoin.com News)

Odaily reports that Formation Securities plans to launch a tokenized stock trading venue on Solana under the SEC innovation exemption, expected to go live in early 2027. The platform plans to support tokenized stocks of Galaxy Digital, Exodus Movement, and Forward Industries, and will adopt automated market maker technology, allowing investors to hold securities in their own wallets and settle on-chain using stablecoins and other eligible assets. Traditional transfer agents will still maintain official shareholder records.Under the SEC innovation exemption, trading venues must notify issuers in writing and wait at least 30 calendar days before trading stocks tokenized by unaffiliated third parties. As of early November, more than 50 companies had opposed the tokenization of their stocks on OKXICE's proposed trading venue. Nasdaq has warned that tokenized stock trading could have unforeseen effects on liquidity, price discovery, and long-term shareholder value.As of Monday, the value of tokenized stocks on Solana was approximately $575 million, below Ethereum's $747 million and BNB Chain's $1.7 billion. (Cointelegraph)

Odaily reports: Formation Securities has secured a license for Orca's trading technology, with its tokenized stock platform set to begin trading in early 2027.Formation Securities has obtained authorization from Solana ecosystem exchange Orca to use its trading technology. The company plans to operate a tokenized securities trading venue on Solana under the U.S. Securities and Exchange Commission (SEC)'s "innovation exemption," with trading expected to commence in early 2027. The first batch is expected to include tokenized stocks of Exodus Movement, Forward Industries, and Galaxy Digital.The platform will be open to verified investors and will support 24/7 trading and near-instant atomic settlement. Eligible tokens must carry the same voting rights and dividend rights as traditional stocks; official shareholder records will still be maintained by the company's transfer agent, and each transaction will be recorded in real time on a public ledger.Securitize and Superstate are expected to provide the tokenized stocks. Securitize CEO Carlos Domingo stated that its tokens are each backed by one real share held by a broker-dealer. Investors can access the platform through Formation, as well as channels including Alpaca, CoinList's Passage, Anchorage, BitGo, Fireblocks, Solflare, and Squads. (Decrypt)

Odaily reports: Formation, formed through the merger of Solana ecosystem DEX Orca and Loopscale, announced that its subsidiary Formation Securities has notified the U.S. Securities and Exchange Commission of plans to operate a tokenized securities trading venue on Solana under the SEC's "innovation exemption." The platform plans to conduct secondary trading of eligible tokenized stocks through permissioned automated market maker liquidity pools, with the goal of beginning trading in early 2027. The first batch is expected to list tokenized stocks of Exodus Movement, Forward Industries, and Galaxy Digital; holders will enjoy the same voting rights and dividend rights as other shareholders, be able to trade around the clock using assets such as stablecoins, and settle atomically on-chain.

According to Onchain Lens monitoring, Fidelity has just transferred another 10,000 ETH, worth approximately $22.32 million, to Galaxy Digital, intending to sell. A total of 27,000 ETH, worth approximately $60.27 million, has been transferred today.

Odaily: Galaxy Digital CEO Michael Novogratz has purchased 760,000 shares of the company's Class A stock through Galaxy Group Funding ECI U LLC, with a total transaction value of approximately $9.9 million and a blended average purchase price of about $12.98 per share. According to a Form 4 filing submitted to the U.S. Securities and Exchange Commission (SEC), the purchase was made in two tranches: 528,757 shares (weighted average price of $12.694) and 231,243 shares (weighted average price of $13.632).Previously, Galaxy's stock fell about 7% on the Nasdaq on November 5 to around $13, after declining about 17% the prior trading day, bringing the cumulative decline to roughly 41% from the October 6 closing price. The increased stake comes as Galaxy's board has approved an additional $200 million share repurchase program; the company had repurchased 9.8 million shares as of the date of its third-quarter earnings disclosure. In addition, Galaxy's third-quarter data center business adjusted EBITDA reached $69 million, a significant increase from $11 million in the second quarter. (TheEnergyMag)

According to Lookonchain monitoring, Bitcoin mining company MARA Holdings (@MARA) appears to have sold Bitcoin again. Over the past 12 hours, MARA transferred 1,650 BTC worth $132.8 million to Galaxy Digital, Copper, and other platforms.