Nevis secures $70 million in funding, with Charles Schwab taking an equity stake, as AI will handle back-office work for financial advisors.

According to an official announcement, Elysium, the first Layer 2 (L2) network in the Hyperliquid ecosystem, will launch its mainnet on November 9. Likely boosted by this news, the token price of Kinetiq, Elysium’s developer, has been surging recently, hitting a new all-time high today. It is now trading at $0.4547, with a 47.7% gain over the past 14 days.

Google will launch its Google Multi-Party Compute (MPC) security service at the inaugural digital assets workshop in New York on Wednesday, designed to help banks and other financial institutions custody and transfer cryptocurrencies and tokenized assets. The product is currently in private preview, with multiple financial institutions testing it; parent company Alphabet has used the service to secure its own digital assets on Ethereum and Solana, and a commercial launch is scheduled for early 2027, with pricing details not yet disclosed. The system splits private keys into multiple shards stored across separate systems, requires checks against the institution’s preset rules before transaction signing, and supports ECDSA and Ed25519 algorithms.

According to DTCC's official website, the U.S. Depository Trust & Clearing Corporation (DTCC) announced its Tokenization Service has launched, with 34 securities available for tokenization in the initial batch. The tokens are backed 1:1 by securities held in DTC custody, granting holders the same legal rights and economic interests as the underlying assets. Traditional markets and on-chain systems share the same CUSIP code, enabling 24/7 peer-to-peer transfers between DTC-registered wallets. The service features built-in compliance controls and supports near real-time ownership tracking. Initial wallet and application partners include BitGo, Blockdaemon, Fireblocks, HashKey, Kaleido, Prometheum, Talos, Temple, and Tradeweb. DTC’s custodial assets total roughly $30 trillion.

According to crypto journalist Eleanor Terrett, JPMorgan Chase, AMD, Applied Materials, Coca-Cola, Adobe, Dell, and SanDisk have opposed OKXICE's tokenization of their shares, bringing the total number of opposing companies to 33.

According to an official announcement, Binance Wallet has unveiled details of the PREDICTPrime Sale: each user has a subscription cap of 6 BNB; PREDICT Keys (BSC) will be distributed post the Pre-TGE phase; PREDICT tokens (BSC) will be airdropped to Binance Alpha accounts on TGE day. Earlier, Binance Wallet announced it would launch predict.fun’s Prime Sale Pre-TGE event from 4 PM to 6 PM on October 29, with eligible users required to participate using Binance Alpha points.

Bitget, in collaboration with Reality and Keyring, has released a research report exploring the synergies between tokenized stocks, perpetual contracts, and decentralized lending, while evaluating the potential returns and risks of related strategies via simulations. The report notes that tokenized stocks are expanding beyond traditional stock trading to additional use cases including collateralized lending, asset management, and systematic investment strategies. Based on Reality’s rToken, the research combines stock perpetual contract hedging and on-chain lending mechanisms to explore stock basis yield strategies. Historical simulation data indicates that between December 15, 2025, and October 19, 2026, the strategy index posted an annualized net return of approximately 7% in-sample and 4% out-of-sample, with a gross funding rate premium of 11%–14%. The report also highlights that financing costs, transaction execution fees, market liquidity, and risk management are key factors impacting the actual returns of these strategies. It is learned that Bitget and Keyring plan to jointly develop a stock basis index and build an on-chain lending market leveraging Reality’s rToken. Specifically, Reality provides tokenized stock asset exposure, while Keyring is responsible for developing the index methodology and constructing the related lending market. The index aims to capture funding rate and basis yield opportunities by combining rToken positions with corresponding stock perpetual contract hedging positions, offering a new strategic path for the application of tokenized stocks in on-chain financial scenarios.