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On-chain derivatives protocol Derive has released a new proposal in its governance forum, aiming to expand its business into the regulated derivatives market in the United States. Community members can review the proposal and participate in the discussion.Derive is an on-chain derivatives protocol aimed at professional traders, offering trading products such as options and perpetual contracts, and employs an off-chain matching and on-chain settlement architecture. The proposal is currently in the community discussion phase, and the specific regulatory path, partners, and timeline will be based on the content of the forum proposal.

SWI Group announced the raising of approximately 900 million dollars in funding to expand its AI and data center business. The company has taken control of the cryptocurrency mining company Genesis Digital Assets, which originally belonged to FTX, and will continue to advance its transformation.

According to the Miner Weekly briefing published by BlocksBridge Consulting, Bitcoin mining companies expanding into the fields of artificial intelligence and high-performance computing are facing significantly different borrowing costs, with lenders increasingly scrutinizing large data center projects. The briefing points out that securing large AI clients is only part of the challenge; mining companies also need to raise billions of dollars to purchase computing power equipment, build data centers, and ensure the power infrastructure required for contract fulfillment. BlocksBridge indicates that large lending institutions have become more selective about data center loans, with decisions increasingly depending on client qualifications, contract terms, and project completion paths.The transition from Bitcoin mining to AI infrastructure by IREN reflects the differences in financing costs: the company secured $3.65 billion in GPU financing in June at a blended interest rate of 6%; in August, it completed another $2.4 billion financing with a fixed interest rate of 9%. The two agreements correspond to different projects and are not directly comparable, but they show that even within the same company, borrowing costs can vary significantly. Financing arrangements may also incur costs beyond interest; in another transaction involving Cipher Digital, Google guaranteed a $1.4 billion lease obligation in exchange for warrants representing a 5.4% equity stake in Cipher, with exercising the warrants potentially diluting existing shareholder equity.The rise in financing demand highlights the overall challenges mining companies face in entering the AI market. Data from VanEck shows that during the peak of the Bitcoin bull market in October last year, mining company debt surged by approximately 500% compared to the second quarter of 2024.

According to Forbes, venture capitalist Alex Lazarow wrote that in the past two years, Stripe, Mastercard, and Circle have acquired American stablecoin infrastructure company Bridge, British BVNK, and Singapore cross-border payment platform Tazapay, respectively, with a total transaction value exceeding $3 billion. These three companies were established between 2020 and 2022, raising a total of approximately $200 million, indicating that stablecoin payment infrastructure is becoming a field where traditional payment giants and cryptocurrency companies are competing to establish a presence.Among them, Stripe announced in 2024 that it would acquire Bridge for slightly over $1 billion; the total value of Mastercard's acquisition of BVNK could reach up to $1.8 billion, including $1.5 billion in base consideration and $300 million in contingent consideration; Circle agreed to acquire Tazapay for $400 million in stock, with the transaction expected to be completed in 2027. The growth in stablecoin adoption, the gradual clarification of regulatory frameworks, and the rising demand for real-time cross-border payments are the main factors driving mergers and acquisitions.Data shows that in 2025, the adjusted transaction volume of stablecoins is expected to grow by 91% year-on-year, reaching $10.9 trillion, close to Visa's $14.2 trillion; the scale of real-world payments is expected to more than double, reaching approximately $390 billion. These transactions reflect that acquirers value not only stablecoin technology but also verified business scale, payment networks, and compliance qualifications.As stablecoin payment infrastructure matures, applications such as dollar accounts, stablecoin payment cards, and cross-border remittances are also emerging, and in the future, more local infrastructure companies similar to Bridge and BVNK may be acquired in various regions around the world.

According to SoSoValue data, as of 8 AM Eastern Time on October 12, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $22.5 million, a decrease of 90.6% compared to two weeks ago.Strategy (formerly MicroStrategy) purchased 250 Bitcoins last week at a price of $86,194, spending approximately $22 million, bringing its total holdings to 848,250 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, two other companies announced their Bitcoin purchases or holdings last week. Bitcoin reserve and cutting-edge artificial intelligence investment company Bitcoin Japan announced on October 7 that it purchased 5.8847 Bitcoins at a price of $84,706.34, bringing its total holdings to 17.8035 Bitcoins; Ethereum asset company Bitmine announced after 8 AM Eastern Time on October 5 that it purchased 1 Bitcoin, without disclosing the specific purchase amount, bringing its total holdings to 214 Bitcoins.As of the time of publication, the total amount of Bitcoin held by global listed companies (excluding mining companies) is 1,163,359 Bitcoins, an increase of 0.3% compared to two weeks ago, with a current market value of approximately $9.657 billion, accounting for 5.8% of Bitcoin's circulating market value.

According to PR Newswire, NASDAQ-listed company TROOPS Inc. (TROO) announced that it has signed a conditional share purchase agreement with EFFORCE Group, planning to expand its digital asset infrastructure business through this transaction.EFFORCE was founded by Apple co-founder Steve Wozniak and focuses on blockchain technology, digital assets, and sustainability. After the transaction is completed, Wozniak will retain his rights as a shareholder of EFFORCE. TROOPS stated that this merger will combine the advantages of both parties in technology, regulatory compliance, business expansion, and market channels to create a digital asset infrastructure platform covering multiple fields.

On October 12, 2026, the financial technology company Yirendai released a statement through its public account, stating that it had noted the public security report released by "Ping An Beijing Chaoyang" on that day, and that the relevant situation should be based on the official announcement.Yirendai stated that the company operates independently as a publicly listed entity, focusing on financial technology and AI technology innovation. The company mentioned that no direct relationship with Yirendai's business has been found regarding the reasons involved in this incident, and that operations remain normal, with all business activities progressing in an orderly manner.The company also stated that it will strictly adhere to regulatory requirements, maintain compliant and stable operations, protect the legal rights and interests of partners and users, and express gratitude for the attention from all sectors.

According to GlobeNewswire, the Nasdaq-listed Solana treasury company DeFi Development (DFDV) disclosed that it increased its holdings by approximately 22,070 SOL last week, bringing its total holdings to about 2.5862 million, valued at approximately $302 million.The company stated that since the announcement of its second-quarter financial report on August 12, its SOL and equivalent asset reserves have grown by about 12%. Additionally, the recently established $300 million over-the-counter issuance plan (CHAD ATM) will provide an additional source of funding for the continued expansion of SOL reserves in the future.

According to on-chain analyst Yu Jin's monitoring, the NASDAQ-listed SOL treasury company SkyAI (SKYA) is liquidating its SOL reserves. About half an hour ago, the company transferred 211,623 SOL to Coinbase Prime.SKYA announced yesterday that it has recently sold approximately 1 million SOL. Including the approximately 211,600 SOL transferred to the trading platform today, the company is expected to have sold a total of about 1.25 million SOL in the past 5 days, valued at approximately 138 million dollars at current prices.According to the company's announcement, this sale of SOL reserves is to repurchase 95% of its issued shares.

According to The Block, the UK Bitcoin treasury company The Smarter Web Company is conditionally raising £10 million (approximately $13.2 million) through a preferred stock issuance. Of this, £4 million (approximately $5.3 million) in net proceeds will be used to increase its Bitcoin holdings.This batch of preferred shares is expected to start trading in London on October 14, with an initial annual dividend yield of 12%, paid weekly.

Bitcoin Treasuries posted on platform X that billionaire Grant Cardone revealed to Peter Schiff that his company purchases more Bitcoin every month using cash flow from real estate and will buy an additional 500 Bitcoins through refinancing.The company is acquiring more Bitcoin using asset classes outside of real estate assets.

Standard Chartered Bank announced that it has launched institutional custody services for Ripple's stablecoin RLUSD through its Dubai International Financial Centre branch, supporting the operation of this stablecoin on the XRP Ledger, allowing qualified institutional clients to use its digital asset custody infrastructure.Standard Chartered plans to extend the collateral mirroring model to institutional trading company LMAX Group, allowing clients to use RLUSD as trading collateral while the tokens remain held in the bank's custody. This model enables LMAX to confirm the value of qualified RLUSD holdings without requiring clients to transfer tokens, which Standard Chartered claims reduces transfer-related risks and helps institutions manage counterparty exposure.The issuer of RLUSD, Ripple, and LMAX Group announced a partnership in January 2026 to expand the institutional use of this stablecoin. Standard Chartered stated that the new collateral functionality still needs to meet conditions such as final documentation, testing, regulatory requirements, and internal approvals.

SWI Group has raised 800 million euros (approximately 895 million dollars) from institutional investors to expand its artificial intelligence data center and computing power infrastructure layout in the United States and Europe.The company also plans to transform eligible old Bitcoin mining sites into artificial intelligence infrastructure and is actively seeking to reach cooperation agreements with hyperscale cloud service providers.

According to Solid Intel, Kraken's parent company Payward has obtained full regulatory approval from the Dubai Virtual Assets Regulatory Authority (VARA). Kraken plans to launch in the UAE and support deposits and withdrawals in UAE Dirhams.Previously, Payward received preliminary approval for a VARA brokerage and investment management license in May 2026.

The Smarter Web Company announced that it has raised $13.25 million through the UK's first Bitcoin-backed preferred stock IPO, MORE. MORE will begin trading on the main market of the London Stock Exchange this Wednesday, with the first weekly dividend scheduled to be paid on November 9.

According to The Wall Street Journal, Bitcoin mining company Genesis Digital Assets will transition to an AI data center. SWI Group invested $500 million to acquire a significant stake in the company in June this year, subsequently becoming the controlling shareholder, and announced on October 12 that it has secured €800 million (approximately $900 million) for data center upgrades and expansions.SWI plans to utilize Genesis Digital's data centers in Texas, North and South Carolina, and Sweden to provide computing power for large cloud service providers and sell off the remaining assets of its Kazakhstan mining operations.

According to the 21st Century Business Herald, the Chaoyang Branch of the Beijing Public Security Bureau reported that it has recently filed a case for investigation into the suspected illegal activities of related companies of Yixin. Currently, several criminal suspects, including the actual controllers Tang and Zhao, have been subjected to criminal coercive measures in accordance with the law.Yixin Group had previously fully suspended the redemption of quasi-fixed income products on May 22 and issued an apology letter to relevant investors on October 11. Yixin stated that the group has incurred significant losses in multiple businesses, and the market value of asset disposal is relatively low. Preliminary findings indicate that the group may be insolvent and has a significant debt repayment gap.

According to official news, ASTER has connected to Solana through Sunrise, and users can currently access and trade ASTER within the Solana ecosystem.Aster stated that this connection will further expand the trading and usage channels of ASTER across different blockchain ecosystems.

Tsinghua-based AI infrastructure company Wuwen Xinqiong has completed a C round financing of 2.3 billion yuan, bringing the total financing to 4.3 billion yuan. The company was established in 2023, does not develop chips, nor does it build its own data centers. It integrates the computing power of different chips such as Huawei Ascend, NVIDIA, and AMD through software, providing large model training and inference services to customers.Developers can directly call the models via API without needing to deploy them themselves. Bloomberg reported on October 1, citing informed sources, that Wuwen Xinqiong has secretly submitted a listing application to the Hong Kong Stock Exchange, with the earliest possible listing in the first half of 2027, and the pre-listing valuation is reportedly around 14.3 billion yuan.

The Financial Services Commission of South Korea is promoting the expansion of the tokenized securities market from fragmented investments in real estate and art to the fields of bonds and funds. The relevant amendments to the Electronic Securities Act and the Capital Markets Act have been legislatively announced from the 2nd of this month until the 11th of next month, with the supporting regulations officially implemented on February 4th next year, to refine the rules for issuance and circulation.The amendments clearly include traditional securities such as stocks, bonds, and funds within the scope of tokenization, initially prioritizing the launch of private currency funds, private bonds, and non-listed stock tokenization based on trusts for institutional investors, while piloting public fragmented investment securities; public bonds and funds for ordinary investors will be expanded after market stabilization. Meanwhile, regulators plan to set an annual net purchase limit of 100 million Korean Won for ordinary investors on over-the-counter trading platforms and allow non-financial institutions to directly manage investor accounts after meeting conditions such as having 4 billion Korean Won in their own capital.