The number of initial jobless claims in the US for the week ending October 24 stood at 194,000.

Ondo Finance announced its Intelligent Portfolios have launched on Solana for eligible non-US investors. The seven portfolios are offered as single on-chain transferable tokens, covering yield, growth, and thematic exposures. Three of the portfolios are based on strategies developed by BlackRock for Ondo: high-yield BLKHIon, high-growth BLKGRWon, and diversified growth BLKDIGon. The remaining four were designed by Ondo itself: MAG7Xon, BRAINon, YLD5on, and YLD8on. Since their launch roughly four weeks ago, the combined total value locked (TVL) of these portfolios on Ethereum and BNB Chain has exceeded $40 million. Ondo noted that its tokenized assets on Solana have a TVL of over $500 million, with transparent portfolio holdings and programmatic rebalancing, eliminating the need for investors to manage a basket of underlying assets on their own.

Chainlink announced the launch of Chainlink 24/7, a service that delivers round-the-clock market data for traditional assets such as stocks and commodities to on-chain markets, covering weekends and holidays to fill the pricing gap for US equities between Friday evening and Sunday evening, as well as on non-trading days. The service is delivered via Chainlink Data Feeds and Data Streams: during trading hours, it leverages existing 24/5 session data, while after traditional markets close, it aggregates quotes from multiple perpetual contract platforms to form a single continuous price reference. Official launch partner Aave is utilizing the 24/7 Data Feeds for its institutional lending platform Horizon to provide round-the-clock pricing for tokenized real-world asset (RWA) collateral, with initial coverage of high-volume US stocks. Chainlink noted that its 24/5 offering already provides delayed pricing for nearly half of tokenized stocks, supporting the pricing of over $1.6 billion in tokenized stocks across six blockchains for projects including Ondo, xStocks, Robinhood, and Coinbase.

Asset management giant Franklin Templeton has launched two U.S.-listed ETFs: FBEQ, which tracks the VettaFi U.S. Large Cap 500 Bitcoin Dividend Reinvestment Index, and FIBT, which tracks the VettaFi U.S. Innovation 100 Bitcoin Dividend Reinvestment Index. Their expense ratios are 0.09% and 0.19% respectively. The products start with an allocation of approximately 95% to U.S. equities and 5% to Bitcoin exposure. The indexes reinvest both regular and special dividends from their constituent stocks into Bitcoin after the ex-dividend date, gradually boosting Bitcoin’s weight over time. To maintain Bitcoin as a secondary position, if Bitcoin’s weight exceeds 5% in a given quarter, it will be adjusted down to 4.5%; if it exceeds 20% at any point during the quarter, it will be reset to 4.5% two trading days later. The two funds do not hold Bitcoin directly, instead gaining exposure via instruments including Bitcoin ETPs, futures, and options.

Backpack has announced a strategic partnership with South Korea’s SK Securities, with plans to provide eligible investors access to South Korean stock trading via the Backpack app. The collaboration leverages SK Securities’ institutional capabilities in South Korea’s capital markets and Backpack’s global reach. Backpack stated that this move builds on its existing U.S. equities securities platform, while also laying the groundwork for collaboration in the tokenized securities and real-world assets sectors, aiming to connect mature capital markets with blockchain financial infrastructure.

According to TradingBeats monitoring, as Google (GOOGL) plunged 13.7% to its largest single-day drop in history, a whale address (0xfe7c…b7ae) added $8.63 million in short positions on GOOGL via Hyperliquid 10 minutes ago, bringing its total position to around $11.22 million. GOOGL has since fallen further to $293.23, with the whale’s unrealized profit expanding from $34,000 to $190,000. The short position was first opened at $296.57 during this morning’s U.S. after-hours trading, with an initial $2.05 million position, followed by a $680,000 add, marking this as the third position increase.

Ondo Finance announced that its Intelligent Portfolios have launched on Solana, open to eligible non-U.S. investors. All seven portfolios are offered as single on-chain transferable tokens, spanning yield, growth, and theme exposures. Three of the portfolios are based on strategies developed by BlackRock for Ondo: high-yield BLKHIon, high-growth BLKGRWon, and diversified growth BLKDIGon. The remaining four were designed by Ondo, including MAG7Xon, BRAINon, YLD5on, and YLD8on. Approximately four weeks after launch, the total value locked (TVL) of these portfolios on Ethereum and BNB Chain has exceeded $40 million. Ondo noted that its tokenized assets on Solana now hold over $500 million in TVL, with transparent portfolio holdings and programmatic rebalancing, eliminating the need for investors to manage a basket of underlying assets themselves.