Perpetuals.com Plans to Launch Tokenized US Stock Trading via SEC’s "Innovation Exemption"

StarkWare has opened OffMarket to the public, allowing users to trade on Polymarket without publicly linking their positions to existing accounts. The service has been in limited beta testing since August, leveraging zero-knowledge technology and sharing a privacy pool on Starknet. Current per-account deposit limits are set at 1,000 USDC, with adjustments planned based on demand. Prediction orders still execute on Polymarket with the same counterparties and at identical market prices. The service is non-custodial, with user keys remaining stored locally in users’ browsers. Additionally, Polymarket transaction records are public on Polygon, with positions, order sizes, and trading history all viewable. OffMarket still does not fully prevent others from inferring a trader’s identity through trade size or timing, as market quotes and executions themselves remain public. This product is not an official Polymarket offering, has no formal partnership or special access privileges, and is part of Polymarket’s Verified Builder Program, retaining its geographic restrictions including a ban on U.S. users. Independent compliance firm Financial Privacy Inc. holds the master viewing key for sanction screening and required disclosures under lawful requests. L2BEAT data shows that the shared privacy pool on Starknet currently holds approximately $1.5 million in total value across 17,000 deposits.

"AI stock guru" Leopold’s fund Situational Awareness LP holds private equity in Anthropic, while his wife Avital Balwit serves as chief of staff to Anthropic CEO Dario Amodei. Recent reports indicate Anthropic could go public as early as next month, with a valuation potentially reaching up to $2 trillion. Once publicly traded, Leopold, due to his close ties with the company’s executives, may have access to material non-public information, exposing related transactions to federal regulatory risks such as insider trading. Compliance experts recommend that the compliance departments of both parties disclose this relationship, obtain prior approval for transactions related to Anthropic, submit written declarations confirming no use of non-public information, implement blackout periods around earnings releases, and ideally, Leopold himself refrain from participating in Anthropic trading decisions. The Situational Awareness LP fund declined to comment on the matter, but is reportedly adding compliance staff. Anthropic stated separately that it already has industry-standard policies for conflicts of interest, confidentiality, and insider trading.

According to BIT (bit.com) market data, during U.S. stock trading hours, the Dow Jones Industrial Average fell 0.1%, the S&P 500 dropped 0.71%, and the Nasdaq Composite declined 0.92%. In the semiconductor and storage sector: Seagate Technology (STX) fell 1.67%; Western Digital (WDC) dropped 1.79%; SanDisk (SNDK) declined 3.36%; Micron Technology (MU) fell 1.76%; NVIDIA (NVDA) dropped 2.08%; Intel (INTC) declined 2.36%; Advanced Micro Devices (AMD) fell 3.69%; Broadcom (AVGO) dropped 1.93%; Qualcomm (QCOM) declined 1.80%. Among crypto-linked stocks: Strategy (MSTR) fell 4.74%; Coinbase (COIN) dropped 3.67%; Circle (CRCL) declined 5.2%; BitMine Immersion (BMNR) fell 5.4%; SharpLink Gaming (SBET) dropped 7%. In the optical communications-related stock group: Pure Photonics ETF (FOTO) fell 1.5%; Marvell Technology (MRVL) dropped 4.77%; Applied Optoelectronics (AAOI) declined 5.27%; Lumentum Holdings (LITE) fell 4.73%; Coherent Corp. (COHR) dropped 3.97%; Ciena Corporation (CIEN) declined 3.96%.

Blockchain and AI application development education platform EasyA has secured an independent valuation of $1.1 billion and plans to go public via a direct listing in the first half of next year. The company has filed registration documents with the U.S. Securities and Exchange Commission (SEC). EasyA said its application has over 1.3 million users, is considering issuing tokenized stocks, and is expanding into tokenized projects and AI agent-related applications.

According to official data, the synthetic perpetual protocol Papertrade built on HyperEVM has exceeded $1 trillion in cumulative notional trading volume, with its total value locked (TVL) standing at $61.8 million. Open interest (OI) is approximately $664 million, and the margin amount corresponding to all existing positions is around $13.28 million. Papertrade is a fully on-chain synthetic perpetual trading platform deployed on HyperEVM, which retrieves prices from the best bid/offer (BBO) mid-price of Hyperliquid’s order book. Users trade directly against the protocol’s liquidity providers (LPs) rather than traditional order book matching. The protocol features high leverage, zero slippage, and no funding fees. Its native token PAPER has an initial supply of zero, with no pre-mining, team, or venture capital (VC) allocations; the only minting source is user losses or liquidations. During its initial launch phase, the token is non-transferable and is primarily used for staking.

BlackRock’s Q3 financial results show its digital asset funds attracted $7.9 billion in inflows during the third quarter, reversing roughly $2.2 billion in outflows recorded in the first half of the year. As of the end of September, the firm’s digital assets under management stood at $79.6 billion, up $30.8 billion from $48.8 billion at the end of June, representing a 63% increase; $22.9 billion of this growth was attributed to rising cryptocurrency prices. Despite this rebound, BlackRock’s digital asset holdings remain 23% lower than they were a year ago.