Intain, in collaboration with FIS, has launched a loan tokenization market for small banks on Avalanche.
On November 11th, as per the report by CoinDesk, the fintech service provider FIS and the structured finance platform Intain are set to launch a blockchain marketplace based on AVAX. This marketplace enables regional and community banks to securitize their loan portfolios and directly sell them to institutional investors.
The platform, titled Digital Liquidity Gateway, tokenizes loans in the form of NFTs and automates settlements (including the use of stablecoins like USDC). It eliminates the usual slow and costly intermediaries that make the asset-backed financing process cumbersome. The platform has been integrated with FIS's core banking system, and FIS's software and payment infrastructure services are accessible to over 20,000 customers worldwide.
Both companies have indicated that the platform has begun to offer access services to banks and investors, with the expectation of completing transactions amounting to hundreds of millions of dollars by the end of this year. The initia
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YZi Labs announced an investment in the biotech company Renewal Bio
November 11th. According to official information, YZi Labs declared an investment in Renewal Bio. Renewal Bio is a regenerative medicine company that employs developmental biology technology to produce DNA-matched human cells and tissues from patient-derived pluripotent stem cells.
Renewal Bio tackles global organ and cell shortages by means of its Stembroid development platform, which can generate human cells and tissues that are completely genetically matched to the donor's DNA for transplantation.
This new round of financing will expedite the preclinical development of Stembroid-derived hematopoietic stem cells (HSCs) for leukemia and immune disorders and expand research on liver, heart, and pancreatic cells.
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Lighter has raised $68 million in funding, with Founders Fund and Ribbit Capital leading the round.
On November 11th, as per Fortune magazine, Perp DEX Lighter has made an announcement regarding the completion of a new funding round amounting to $68 million.
The 40-year-old founder and CEO of Lighter, Vladimir Novakovski, stated that this funding round was spearheaded by Peter Thiel's Founders Fund and fintech investor Ribbit Capital. Additionally, Haun Ventures and the online brokerage Robinhood (which rarely participates in venture capital) also took part.
According to sources with knowledge of the matter, this funding round has appraised Lighter at approximately $1.5 billion. Novakovski declined to disclose the valuation details but did mention that this funding round encompasses both equity and token subscription rights.
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Binance will postpone the listing of Allora (ALLO).
November 11th, Binance officially announced that Allora (ALLO), which was originally scheduled to become live at 21:00 (UTC+8) on November 11, 2025, will be postponed and will instead become live at 22:00 (UTC+8) on November 11, 2025.
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U.S. Senator Proposes Bill to Transfer Cryptocurrency Oversight from SEC to CFTC
On November 11th, as per DL News, Washington is in the process of redefining the regulatory discourse concerning the $3.6 trillion digital asset industry. A bipartisan proposal put forward by the U.S. Senate on Monday seeks to transform the U.S. cryptocurrency regulatory landscape by shifting regulatory authority from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC).
This proposal, introduced by Senate Agriculture Committee Chair John Boozman and Senator Cory Booker, encompasses granting the CFTC the authority to define and regulate digital commodities, establishing a registration system for crypto exchanges, enforcing new disclosure rules, and imposing fees on specific transactions.
Boozman remarked: "The CFTC is the appropriate agency to oversee digital commodity spot markets. It is crucial to establish clear rules for the emerging crypto market while safeguarding consumers."
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Capybobo releases Web3.0 NFT Kidcore Blind Box, reshaping the next generation collectibles economy model
November 11th. According to official channels, Capybobo, a fashionable toy project positioning itself as the "Web3 Bubble Mart," has released a teaser video for its Doll Clothing Blind Box. The video presents the blind box gameplay through the story of "One Token Changing Fate": the protagonist uses 1 PYBOBO token to draw a hidden style doll clothing, which triggers a 72x airdrop weight, resulting in a significant increase in wealth.
The Capybobo Doll Clothing Blind Box follows the Bubble Mart model, with common styles, hidden styles, and other rarity levels, maintaining the unboxing ritual while incorporating an airdrop incentive mechanism. The rarer the doll clothing, the higher the airdrop multiplier, adding airdrop weight to the scarcity of trendy toys.
Compared to traditional blind boxes, Capybobo uses an on-chain transparent rarity system to ensure fair probability. Since doll clothing is an on-chain asset, it has global liquidity like Bitcoin, enabling real-time trading and ph
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