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Ondo Opens In-Kind Minting for Tokenized US Stocks
TradFi & Fintech

Ondo Opens In-Kind Minting for Tokenized US Stocks

Approved institutions can now swap existing share inventory for Ondo Stocks through Alpaca, removing the separate cash funding required by the platform’s existing issuance flow.
Galaxy Adds $100 Million of sUSDS to Treasury, Approves It as Loan Collateral
DeFi

Galaxy Adds $100 Million of sUSDS to Treasury, Approves It as Loan Collateral

Clients can keep earning Sky’s 3.6% savings rate while pledging sUSDS to Galaxy, whose institutional lending business carries a $1.4 billion average loan book.
Blockchain.com and NYSE Explore 24/7 Tokenized Stock Trading
TradFi & Fintech

Blockchain.com and NYSE Explore 24/7 Tokenized Stock Trading

The agreement would connect the crypto platform to NYSE’s planned digital venue and add two-way distribution of stock and crypto market data.
Bitcoin Cash Runs 27% on CME Futures Listing as Bitcoin Gives Up the Day
Markets

Bitcoin Cash Runs 27% on CME Futures Listing as Bitcoin Gives Up the Day

Bitcoin Cash gained 14% in the hour CME Group said it would list futures on the token and kept climbing through the afternoon, finishing the session up 27% on more than twice Monday's volume. Bitcoin SV rose 20% alongside it. Uniswap, named in the same release, spiked 11%, gave the whole move back within two hours, then recovered to close up 5.4%. Bitcoin ended lower. Of the 125 largest non-stablecoin tokens, 64 rose and 61 fell.
SEC
Regulation & Politics

a16z And DeFi Education Fund Ask SEC To Put DEXs Outside Exchange Registration

The two groups submitted a joint proposal to Commissioner Hester Peirce for a safe harbor that would create a rebuttable presumption that decentralized exchange protocols and their front-ends are not exchanges under the Exchange Act. a16z filed a second letter the same day asking the SEC to build a registration regime for centralized crypto trading platforms modeled on the 1998 alternative trading system rules. Both letters are dated Sept. 14, three days before the SEC issued its Innovation Exemption for tokenized stock venues.
Vitalik Buterin Backs Trueo's Ethereum Move As TRUE Jumps 900%
DeFi

Vitalik Buterin Backs Trueo's Ethereum Move As TRUE Jumps 900%

Trueo said it will make Ethereum mainnet its primary deployment and build its next oracle there. Vitalik Buterin called the project “ethical and not corposlop.” The TRUE token is up 900% in 24 hours. Trueo's contracts are still deployed only on Base, and no migration date has been set.
Kalshi Denies Faking Its Crypto Volume
CeFi

Kalshi Denies Faking Its Crypto Volume

The exchange says the repeating trade size that drew wash-trading accusations over the weekend came from one market maker it pays to keep orders on the book, and that the maker was losing money to faster traders.
Ondo Finance
TradFi & Fintech

Near Adds Ondo’s Tokenized Stocks With Confidential Execution

near.com began offering Ondo Finance’s tokenized U.S. stocks and exchange-traded funds (ETFs) on Tuesday, letting users buy them with crypto held across more than 30 networks. The companies said the trades are not broadcast publicly. The tokens are not available to U.S. persons or in Canada. NEAR rose 7.1% over 24 hours.
Kinetiq Opens Elysium Testnet for Hyperliquid-Focused DeFi Apps
DeFi

Kinetiq Opens Elysium Testnet for Hyperliquid-Focused DeFi Apps

The liquid staking protocol published a chain ID, an RPC endpoint and an explorer for its Arbitrum Orbit network, a month after saying HyperEVM's throughput leaves little room for sustained high-frequency activity.
CME Group to List Bitcoin Cash and Uniswap Futures Oct. 19
Markets

CME Group to List Bitcoin Cash and Uniswap Futures Oct. 19

The two contracts would take the exchange's single-token crypto lineup to eleven, seven of them added this year.