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Cryptocurrency lending institution Arch Lending plans to expand its loan business using tokenized stocks as collateral. Arch co-founder and Chief Revenue Officer Himanshu Sahay stated in Cointelegraph's Chain Reaction podcast that the institution plans to enter this market "soon" and noted the demand for credit against tokenized stocks. Sahay mentioned that tokenized stocks have grown rapidly over the past year, but loans against such assets remain limited. He anticipates that more lending institutions will enter this market in the future, naming organizations like Superstate, Robinhood, and Securitize that issue tokenized stocks.Arch has expanded from cryptocurrency to tokenized real-world assets, recently launching loan products backed by Paxos Gold and Tether Gold. However, cryptocurrency still accounts for the vast majority of Arch's existing loan portfolio, with Bitcoin making up over 80%. Sahay also indicated that the institution has recently seen increased interest in using XRP as collateral, particularly from U.S. borrowers.Before Arch, tokenized stocks had already begun to enter the lending market. In February of this year, Ondo Finance launched a DeFi lending market for its two tokenized ETFs through integration with the lending protocol Morpho; in July, Kraken included 10 types of xStocks in its futures and margin collateral scope; in August, Coinbase's B20 stock went live on Base.

The launch of NVIDIA GPU rental price futures has encountered obstacles. The Chicago Mercantile Exchange originally planned to introduce computing power futures contracts in early October but is expected to be unable to obtain regulatory approval on time.The U.S. Commodity Futures Trading Commission (CFTC) is extending its review to study how the contracts operate and to solicit industry opinions.

a16z, in collaboration with the DeFi Education Fund, submitted a joint proposal to SEC Commissioner Hester Peirce, proposing the establishment of safe harbor rules and the creation of a "rebuttable presumption," meaning that decentralized exchange (DEX) protocols and their front-end interfaces do not fall under the definition of "exchanges" as defined by the Securities Exchange Act of 1934.On the same day, a16z also submitted a second letter urging the SEC to establish a registration system for centralized cryptocurrency trading platforms, similar to the alternative trading system (ATS) rules from 1998. Both letters were dated September 14, and three days later, the SEC issued an "Innovation Exemption" for tokenized stock trading venues.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Counter-Strike: Inner Circle Esports vs 3DMAX - Logitech G Play Connect Playoffs," the option "Inner Circle Esports" in the sub-market "Match Winner" has experienced a dramatic fluctuation in winning probability, dropping from 54% an hour ago to the current 27.5% (a fluctuation of 26.5%). Please note the impact of related breaking news.

The six major banks in Canada announced a joint exploration of a tokenized Canadian dollar deposit system, aimed at accelerating the transfer of funds between financial institutions and ultimately connecting with other digital asset programs. TD Bank announced on Tuesday that the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank, and Toronto-Dominion Bank Group have jointly formed this joint venture project, with the possibility of more banks joining in the future.The first phase of the project will focus on promoting the transfer of tokenized deposits among participating banks. The parties stated in a joint statement that the first phase aims to enable efficient circulation of tokenized deposits among Canadian financial institutions, with the long-term goal of connecting with other emerging digital asset programs. Tokenized deposits are digital representations of funds and assets already held by banks, differing from independent stablecoins issued by crypto companies; this system allows for 24/7 programmable payments within a regulated banking system.Canada's move comes as global banks compete to put deposits on the blockchain. In the United States, regional banks are building a shared tokenized deposit network, while JPMorgan, Citigroup, and Wells Fargo have also launched their own institutional products. Recently, Swift has begun testing cross-border payments for tokenized deposits. Additionally, the Bank of Canada, Royal Bank of Canada, and Toronto-Dominion Bank completed the Project Samara test in March this year, issuing, trading, and settling CAD 100 million (approximately USD 71 million) bonds on a distributed ledger; in May, Shopify and National Bank of Canada also supported the launch of a regulated digital Canadian dollar.

OpenAI announced that it will allow external organizations to evaluate its AI models in the early stages.

Breed VC has raised $15 million for its second cryptocurrency fund, with investors including FalconX, Hutt Capital, Arrington Capital, as well as Nic Carter from Castle Island Ventures, Rob Hadick from Dragonfly, and Jake Brukhman from CoinFund.The fund primarily invests in cryptocurrency startups at the Day Zero, Pre-Seed, and Seed stages, with individual investments ranging from $250,000 to $750,000, focusing on open financial infrastructure and decentralized AI, with plans to complete deployment in the next 3 to 4 years. Breed VC's first fund was launched in 2023 and has completed its investments, with a portfolio that includes Monad, Ethena, Agora, MyPrize, and Nous Research.

Watcher Guru reported that the Moscow Exchange in Russia has launched perpetual futures for five major cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and Tron.The Moscow Exchange is the main securities exchange in Russia. This product covers perpetual futures contracts for the five cryptocurrencies mentioned above.

SpaceXAI stated that the number of users of the Grok Bot intelligent entity has increased by 24% compared to the previous week.

DeFi researcher Ignas stated that the popularity of Robinhood's ecosystem tokenized stocks and Meme coins is waning, with the TVL of Robinhood Chain's tokenized stocks remaining flat for two consecutive weeks, and the number of stocks destroyed has exceeded the issuance amount.Ignas further indicated that if trading volume continues to slow down, a decline in revenue may lead to weakened holding willingness, increased selling pressure, and cause LPs to exit, resulting in further liquidity contraction. He revealed that he has exited the Meme coin LP position due to a significant drop in yields and believes the market needs new catalysts to drive the trend again. He also noted that tokenized stocks on Solana seem to still be rising and speculated that the trend of funds shifting from Robinhood to Solana may be more sustainable.

According to CoinDesk, the European Central Bank (ECB) and the central banks of EU member states wish to prohibit crypto platforms from providing indirect yields on stablecoins through lending, staking, and other products. The European System of Central Banks (ESCB) stated in response to the European Commission's consultation on the review of the Markets in Crypto-Assets Regulation (MiCA) that electronic money should be used for payments rather than savings, continuing to support the prohibition of crypto asset service providers (CASP) from paying rewards for stablecoins, and that the ban should not be limited to services already regulated by MiCA but should also cover unregulated activities such as crypto lending, borrowing, and staking.Central banks believe that allowing indirect yields could blur the lines between electronic money and bank deposits, distorting the fair competitive environment of the EU financial system. The ESCB stated that maintaining and, when necessary, strengthening this ban, while covering both direct and indirect forms of rewards, should be a clear legislative priority. This position also echoes the controversy in the U.S. surrounding the Clarity Act, where eight U.S. banking groups urged senators to tighten the bill's restrictions on stablecoin rewards, which ultimately failed in a procedural vote of 49 to 50.In addition, central banks also proposed to eliminate the MiCA requirement for stablecoin issuers to hold part of their reserves in the form of bank deposits, replacing it with liquidity rules based on the liquidity of reserve assets. Currently, stablecoin issuers must keep at least 30% of their reserves in credit institutions, and this percentage rises to 60% for those classified as significant stablecoins. The ESCB suggested that significant stablecoins must allocate at least 40% of their reserves to assets maturing within one day and 60% to assets maturing within five working days, while the corresponding thresholds for non-significant stablecoins are 20% and 30%.

According to The Block, Coinbase announced the launch of fixed-rate Bitcoin collateralized loans through Morpho Midnight, allowing users to borrow USDC and determine the interest rate and repayment date at the time of borrowing. This new option is alongside Coinbase's existing floating-rate loans (based on Morpho Blue), which have outstanding loans exceeding $1.4 billion, corresponding to collateral of approximately $3 billion.Morpho launched Midnight on Base in July, introducing fixed rates and clear loan terms for on-chain lending. A Morpho spokesperson stated that Coinbase is the first mainstream consumer platform to offer Midnight loans on a large scale; since Midnight's launch, deposits have reached approximately $30 million. The outstanding loans for Morpho Blue across all integrations amount to $5.2 billion, with deposits reaching $16 billion.A Coinbase spokesperson did not disclose specific interest rates, stating that rates are determined by the supply and demand of both parties on the on-chain order book. Currently, Coinbase offers loans that mature at the end of the month or the end of the following month, and borrowers must repay before the due date; otherwise, lenders have the right to liquidate their collateral. Jacob Frantz, Coinbase's head of revenue and investment products, stated that Coinbase Borrow allows users to obtain liquidity without selling assets, and fixed-rate borrowing gives users greater choice in credit management. Morpho indicated that Midnight could also be used in the future to build structured credit products and loans collateralized by tokenized real-world assets, with more integrations in progress.

According to official news, Pyth Network announced that it has become an external data distributor for Nasdaq Basic, integrating Nasdaq's real-time quotes and trading products for U.S. stocks into the Pyth data marketplace.It is reported that Nasdaq Basic is Nasdaq's real-time best bid and ask product for U.S. stocks. The best buy and sell quotes and order volumes come from the liquidity of the Nasdaq market center.

According to Coinglass data, if ETH breaks through $2,891, the cumulative short liquidation intensity on mainstream CEX will reach $1.157 billion. Conversely, if ETH falls below $2,621, the cumulative long liquidation intensity on mainstream CEX will reach $1.146 billion.

According to Coinglass data, if BTC falls below $81,982, the cumulative long liquidation intensity on major CEXs will reach $2.252 billion. Conversely, if BTC breaks above $90,536, the cumulative short liquidation intensity on major CEXs will reach $2.12 billion.

According to data from Dune, the network transaction fees on the sixth day since the launch of Circle's Arc mainnet dropped to approximately $9,218, a decrease of 96.7% compared to the first day of launch.During the same period, the daily transaction fees for Robinhood Chain, Base, Arbitrum, and Sui were approximately $312,000, $139,000, $22,300, and $11,500, respectively.

According to official news, the Chicago Mercantile Exchange will launch BCH (Bitcoin Cash) and Uniswap futures to expand its cryptocurrency derivatives portfolio.Market participants can choose the contract size for trading based on demand: BCH futures (250 BCH) and micro Bitcoin Cash futures (25 BCH); UNI futures (10,000 UNI) and micro Uniswap futures (1,000 UNI).

According to The Block, SoFi has begun using SoFiUSD to settle debit and credit card transactions on the Mastercard network and plans to migrate the entire card program to blockchain settlement, with an expected annual processing volume exceeding $25 billion.SoFi claims to be the first bank to launch stablecoin settlement on the Mastercard network.

According to CoinDesk, Daren Guo, founder of Reap, a Hong Kong fintech platform and Visa partner, stated that Reap plans to add a Mexican peso stablecoin to its card, cross-border payment, and fund management products, and is exploring stablecoins for the Hong Kong dollar, euro, Korean won, and Japanese yen to support around-the-clock on-chain foreign exchange settlements and reduce cross-border costs.Reap is a major issuing member of Visa in Hong Kong and Mexico (VPIM), owned by Kraken's parent company Payward, and can issue cards on its own BIN, claiming to support partners in over 100 markets. Guo noted that while public blockchains continue to operate, global foreign exchange still relies on bank operating hours, correspondent banks, and settlements that can take several days. Transfer fees for some currency corridors in emerging and cross-border markets can reach 5% to 7%, while nearly 99% of current stablecoin payments are denominated in US dollars.The company is integrating stablecoin settlements into a broader product system that includes cards, cross-border payments, fund management, and compliance risk control. Reap stated that in the first half of 2026, card and payment volumes grew by 33% year-on-year, with revenue and transaction volume expected to double in 2025. Stephen Karpin, President of Visa Asia Pacific, stated that blockchain settlement should not be viewed as a replacement for traditional payment systems, but rather as a complementary relationship, with opportunities to reduce friction and maintain interoperability with the broader financial system.

According to the latest data from Reality, the trading activity of its NVIDIA stock token (rNVDA) has surged, with a single-day trading volume reaching 38.86 million USD, setting a new high since its launch.It is reported that the rToken, identified by the letter r + stock code (for example, NVIDIA is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and connects directly to global liquidity pools such as NASDAQ and NYSE through collaboration with the compliant brokerage Alpaca.Its features include: 1:1 reserves of underlying assets managed by licensed custodians, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions can serve as joint collateral for Bitget's unified account and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.