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According to three informed sources, the real-world asset tokenization platform Ondo Finance was recommended to potential buyers after founder and CEO Nathan Allman passed away this year. Two sources stated that the relevant contacts occurred after Allman died on May 25. However, it remains unclear who is driving the sale of Ondo Finance.In early August, Allman's estate management filed a lawsuit against Ondo's acting CEO Ian De Bode, accusing him of illegally seizing control and funds of the company, leading to a fierce battle for corporate control. Allman, who died at the age of 32 without a will, left uncertainty regarding the ownership of his controlling shares and a large number of ONDO tokens. After the probate process, his estate was awarded to his parents, Kathleen Allman (77) and Lawrence Allman (82). According to the current court order, De Bode continues to serve as CEO and is responsible for daily operations, but he is not allowed to make significant changes to the company until the control dispute is resolved. One informed source stated that the escalating control litigation is likely to put any sale plans on hold.An Ondo spokesperson denied that the company was seeking buyers, stating that the claims regarding a potential sale are completely false, and that no one in the company has pushed for a sale, participated in sale negotiations, or requested others to do so on their behalf. Ondo was founded in 2021 by former Goldman Sachs executives, is headquartered in New York, and offers tokenized U.S. Treasury bonds and stocks, with product scale exceeding $3.8 billion.

The U.S. Commodity Futures Trading Commission (CFTC) has made it clear that commodity companies will not be penalized for allocating investor funds to tokenized assets. The CFTC also pointed out that the current regulatory framework allows institutions to use blockchain technology to maintain official records.

French semiconductor company Sequans Communications has sold its last 314 bitcoins, completing its exit from the bitcoin reserve strategy, having previously held over 3,200 BTC. Sequans stated that this exit was conducted after the redemption of convertible bonds completed in May, allowing it to refocus on its core cellular IoT and software-defined radio business.Sequans CEO Georges Karam stated that the company used the proceeds from the bitcoin sales to pay off convertible bonds and strengthen its balance sheet. Currently, Sequans holds no cryptocurrency and has no outstanding debts other than government-funded R&D obligations. Sequans launched its bitcoin reserve strategy in June 2025, announcing a $384 million equity security and convertible secured bond issuance, with Karam at the time calling bitcoin a primary asset and an attractive long-term investment.The company began to reduce its holdings less than six months later, selling 970 BTC in November to redeem half of the convertible bonds. By May 2026, Sequans indicated that it would no longer pursue the reserve strategy and would gradually liquidate the remaining bitcoins. During the 2026 crypto bear market, an increasing number of digital asset reserve companies abandoned or scaled back their accumulation strategies. VanEck's head of digital asset research, Matthew Sigel, noted at the end of July that at least nine companies had completely liquidated or abandoned their bitcoin and cryptocurrency reserve strategies in 2026.

The Central Bank of Russia has established market access procedures for digital custodians, cryptocurrency trading platforms, and digital rights information system operators, requiring relevant participants to be included in the corresponding registries.The regulations specify the qualification requirements for members of relevant regulatory bodies and specific officials, the list of application documents, and the registration procedures, while providing simplified access rules for existing market participants. The relevant regulations have been registered with the Ministry of Justice of Russia and will come into effect on October 5, 2026.

According to The Block, Bitcoin mining service company Luxor is expanding its business into the AI infrastructure sector and extending its operations in energy, hardware, software, and computing power trading to this sector.Luxor's hardware brokerage has previously traded over 1 billion dollars in Bitcoin mining ASICs.

According to Bloomberg, artificial intelligence infrastructure company Verda has completed a new round of financing of $189 million, led by Emergence Capital, with participation from MUFG Innovation Partners, computer manufacturer Super Micro Computer, Varma Mutual Pension Insurance, and Lifeline Ventures.It is reported that the company's valuation has reached at least $1 billion after the financing.

According to The Block, stablecoin infrastructure company HIFI has completed a $37 million Series A funding round, led by Left Lane Capital, with specific valuation yet to be disclosed.HIFI CEO Zach Walsh stated that this is the company's first priced funding round, and the platform currently processes an annualized transaction volume of approximately $7 billion. This round of funding will be used to expand stablecoin payment products and tokenized capital market infrastructure.HIFI currently supports the inflow and outflow of funds between the US dollar and stablecoins, facilitates payments through the US banking system and bank cards, and provides US dollar cash settlement services for tokenized repurchase agreements and US Treasury transactions. HIFI has also participated in the tokenized securities production trading tests of the US Depository Trust & Clearing Corporation (DTCC).

Oracle announced the expansion of its Digital Assets Data Nexus platform, adding payment execution integration, configurable wallets and smart contract controls, as well as AI-driven transaction monitoring and risk analysis features.This upgrade supports connecting existing bank payment systems with digital asset transaction execution through the ISO 20022 messaging standard, helping banks establish a unified operational model for the flow of funds between traditional currencies and digital currencies, while enhancing ledger visibility, compliance controls, and operational efficiency. The platform will also support integration with Oracle Banking Payments and Swift Ledger, covering application scenarios such as tokenized deposits, stablecoins, CBDCs, digital bonds, and real-world assets. Oracle stated that the relevant features are planned for release in fiscal year 2027.

The yield on Japan's 10-year government bonds rose by 10 basis points to 3.075%, the highest level since 1996. The yield curve increased across all maturities, with the 5-year yield rising by 9.5 basis points to 2.37%.The sell-off of U.S. Treasuries intensified, driven by strong economic data and weak demand at Treasury auctions, pushing U.S. bond yields to near twenty-year highs. Rising oil prices have heightened inflation concerns, reinforcing expectations for interest rate hikes by the Federal Reserve.

As Japan ends its holiday, the risk of yen intervention has once again become the focus. The yen has fallen for two consecutive weeks, approaching the 160 mark. Strategists believe that the 160 mark will once again test Japan's tolerance for yen depreciation.Strategists at the Commonwealth Bank of Australia stated that if the USD/JPY breaks above 160, it will increase the likelihood of official intervention, especially considering that Japan has recently conducted a currency check.

On the 24th, the Tianyancha App showed that Kimi, an artificial intelligence company, has undergone a business change recently. The registered capital of its parent company, Beijing Dark Side of the Moon Technology Co., Ltd., has increased from 2.2385 million yuan to 11.5753 million yuan, an increase of 417.09%.The Tianyancha App indicated that Dark Side of the Moon was established in April 2023, with Yang Zhilin as the legal representative. It is currently jointly held by Yang Zhilin, Shenzhen Harmonious Growth Phase III Technology Development Equity Investment Fund Partnership (Limited Partnership), Zhou Xinyu, and others. The above information comes from a report by China News Network.

The U.S. Treasury Department announced that it will repurchase up to $6 billion of longer-term government bonds on Thursday, which is three times the $2 billion limit announced in early August. The yield on 30-year U.S. Treasuries briefly rose to 5.38% during the session. In response to criticism of market intervention, Treasury Secretary Yellen defended that market prices deviate from equilibrium levels.The International Financial Association warned that this move does not address the structural issues of debt growth.

According to Bitcoin Magazine, BitGo's CEO Mike Belshe stated in an interview on Bitcoin Magazine's BMTV that the core of tokenization is not trading, but rather expanding access.He pointed out that the current financial system can be traced back to the paper stock certificate crisis of the 1960s, when the New York Stock Exchange had to halt trading every week to complete physical stock deliveries, and the framework built to solve this problem still primarily serves large institutions.Belshe believes that the inability of retail investors to borrow against assets and the necessity to sell assets is a key reason driving the K-shaped economic divergence. He discussed how "phantom stocks" and tokenized stocks could change this situation and mentioned that long-term confidence of holders can be demonstrated through proof of reserves and setting time locks for shares.The interview also covered the new centralized risks that may arise from custodial concentration, how multi-signature and MPC can eliminate single points of failure, the aspects that still need to be supplemented in the U.S. regulatory framework beyond clarity, and the role of AI agents in asset management. Belshe also explained the true meaning behind his previous comments about the dollar going to zero.

According to The Information, although American venture capital investment in Chinese startups has significantly decreased in recent years, some American VCs are still continuing to travel to China to meet with technology founders.Last month, three partners from Founders Fund, which is led by Peter Thiel, visited technology companies in Beijing, Shanghai, and Shenzhen: Sean Liu, John Luttig, and Joey Krug.

According to AIM, AI-native operating system development company Brahma AI raised $150 million through the issuance of preferred stock, with Multiples Alternate Asset Management contributing $100 million.Brahma AI's clients include Warner Bros, NBA, Google, Hakuhodo, and DNEG as its strategic distribution partners. The company's platform focuses on enterprise content intelligence and media evaluation platform Brahma AI Core and creative production suite Brahma AI Studio, with technology covering areas such as visual AI, digital humans, voice, and multilingual performances.

Raiffeisen Bank International (RBI) announced a group-level collaboration with Bitpanda to expand its cryptocurrency asset layout. According to a joint announcement released by both parties on Wednesday, Bitpanda Enterprise will provide digital asset infrastructure for member banks within the RBI network to launch cryptocurrency services, potentially covering around 18 million customers. The announcement stated that each member bank will decide on the specific service content and launch pace based on local market conditions and regulatory requirements.RBI CEO Michael Höllerer stated that the demand for cryptocurrency assets in the markets where the group operates is continuously growing, thus the decision to collaborate with Bitpanda to address this. He mentioned that as a customer-centric bank, RBI is committed to meeting customer needs in the best possible way. Bitpanda indicated to Cointelegraph that this promotion is still in the early stages and will be gradually advanced based on local market and regulatory requirements, with further details to be announced once each market is confirmed.This collaboration builds on the cryptocurrency integration launched in 2024 with Raiffeisenlandesbank Niederösterreich-Wien in Austria. Bitpanda has obtained authorization under the EU's Markets in Crypto-Assets Regulation (MiCA) and stated that it is regularly communicating with banks and financial institutions exploring cryptocurrency brokerage services, but declined to comment on ongoing or confidential negotiations.

According to Grayscale's official announcement, it has renamed its Grayscale Bitcoin Miners ETF to Grayscale AI Compute ETF, with the New York Stock Exchange trading code changed from MNRS to GCPU, and the tracking index changed from the Indxx Bitcoin Miners Index to the Indxx High-Performance Computing Index.The fund will invest in companies that build and operate AI infrastructure, with about half of the holdings in native AI computing companies, and the remainder in digital infrastructure operators that have publicly committed to transitioning to AI businesses, including companies that have transitioned from Bitcoin mining.

Alibaba is accelerating the expansion of its data centers in Europe and the Middle East, driving its 20 gigawatt global infrastructure development.Alibaba will establish its first cloud regions in Turkey, Finland, and the Netherlands within the next 12 months, and expand its data center layout in Malaysia, Germany, the United Arab Emirates, France, and Hong Kong.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: Arctic Pandas vs Pyramid IV Esports - EMEA Masters Group A", the "Yes" option win rate in the sub-market "Both sides kill Baron" has experienced a sharp fluctuation, soaring from 50.5% an hour ago to the current 90.5% (a fluctuation of 40%). Please note the impact of related breaking news.