News linked to this event type.
Bernstein assesses that CoreWeave faces rising financing costs, weakened contract protections, substantial debt obligations, and challenges to its long-term business model. The firm maintains an Underweight rating with a $74 target price, representing 12% upside from the $65.78 close on October 14.
According to official announcements from Visa, Visa Direct's stablecoin pre-funding capability has moved from the pilot phase to commercial deployment. Payment infrastructure provider Inyo Global has become the first provider to bring this capability into production, enabling support for eligible Visa Direct customers and partners.
Ramp co-founder and CEO Eric Glyman announced that the company has completed a new round of financing worth $1.85 billion, with its latest valuation reaching $6 billion. Glyman stated that over the past seven years since its founding, the company has consistently upheld its core mission of "saving businesses time and money," and this latest round of funding will further support the expansion of its business operations.
Odaily News: Spout Finance announced the completion of a $2 million strategic funding round, with participation from Draper Dragon, Anchorage, Flow Traders, Vessel Capital, Solayer, 2Square, and Bering Waters Group, among others, as well as strategic support from Solana Labs. The project's main business is providing Solana-based DeFi lending services, enabling users to borrow stablecoins such as USDC using their tokenized US stocks as collateral, without paying interest.
According to The Block, Uniform Labs, the developer of the tokenized asset settlement platform Multiliquid, has raised $8 million across pre-seed and seed rounds. Polychain led the latest seed round, with participation from Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures. The exact allocation of the funding between the two rounds and the company's valuation have not been disclosed.
According to reports, Binance.US is seeking to raise $100 million at a $1 billion valuation, with the funds intended to help it regain market share following Binance's 2023 settlement with U.S. authorities.
U.S. cryptocurrency trading platform Binance US is seeking to raise up to $100 million in funding at a target valuation of approximately $1 billion. This valuation represents a decline of about 78% from its $4.5 billion valuation prior to its previous funding round in 2022.Binance US raised over $200 million in 2022, with investors including Foundation Capital, RRE Ventures, Circle Ventures, and VanEck. The platform is working to rebuild its market share by reducing fees, launching new products, and expanding its U.S. business coverage.Binance US plans to expand to all 50 U.S. states and apply for a derivatives license to explore perpetual futures, prediction markets, and other financial services. The platform restored USD deposits and withdrawals via ACH transfers in February 2025, and CEO Stephen Gregory assumed office in March 2026. (Bitcoin.com News)
According to market sources, BInance.US is seeking $100 million in funding to expand its crypto business.
Odaily reports: Nasdaq plans to introduce new rules under which listed companies whose market capitalization falls below $5 million for 30 consecutive days would face immediate suspension and delisting proceedings, aimed at cracking down on manipulation tactics such as "pump-and-dump" schemes in the overseas small-cap stock market. The proposal has drawn opposition from small U.S. domestic businesses, with affected companies concerned that the new rules could inadvertently target normally operating companies with significant stock price volatility, impacting their fundraising and business development. The U.S. Securities and Exchange Commission (SEC) suspended progress on the proposal last month and decided to seek further public comment. Currently, more than 190 Nasdaq-listed companies have a market capitalization of no more than $5 million, nearly half of which are headquartered in the United States. (Bloomberg)
Odaily News — On October 15, Tether's independent investment arm Tether Capital announced a strategic investment in AIsa. AIsa provides a platform for AI agents to access and pay for data, software, and computing services. Developers can connect to AI models, data, APIs, software tools, and computing resources through a single interface, with fees settleable in fiat or stablecoins.AIsa stated that its platform has already run over 250,000 agents, processed more than 100 million cumulative transactions, and provides access to over 5,000 APIs, skills, and models through a single key, with pay-per-call pricing. Enterprises can procure resources on demand, and service providers can integrate their services into automated workflows.Tether CEO Paolo Ardoino said that as AI agents take on more work, users need to provide agents with service access while controlling spending. This investment continues Tether's support for agent payment infrastructure. It previously invested in NEURA Robotics and plans to integrate WDK and QVAC into robotic systems. (Tether News)
Odaily News: Fission has announced the completion of a $10 million Series A funding round, led by Pantera Capital, with participation from Circle Ventures, Borderless Capital, and Ari Rubenstein, among others. The round was completed in September, with the valuation undisclosed. Fission primarily provides liquidity services for tokenized funds, acting as a buyer to help investors sell their fund shares without waiting for the fund to process redemptions; after users connect their digital wallets and submit sell requests, Fission handles the relevant legal and transaction processes. CEO Jonathan Shaffer stated that for products that typically take around 200 days to sell, investors can sell immediately after paying a fee, with settlement times reduced to 90 seconds or less. Fission was founded in 2024, with a founding team that includes former employees of Point72 and Securitize. Its clients are mainly institutional investors and organizations holding on-chain assets, such as hedge funds holding tokenized private credit or equity assets, crypto institutions managing treasuries, and stablecoin issuers allocating reserves to yield-bearing tokenized investment products.
AllianceDAO co-founder QwQiao posted on X, jokingly discussing the valuation logic behind Anthropic's potential IPO. He said that when calculating Anthropic's expected value, investors should also consider the probability of AI bringing about either extreme prosperity or catastrophic consequences.QwQiao argues that if AI propels humanity into an era of extreme material abundance, money will lose its meaning; if AI leads to human extinction, money will likewise no longer matter. He jokingly put the combined probability of these two scenarios at 50%, with the remaining 50% being the scenario where humans continue to work and money remains important.Based on this assumption, QwQiao joked that all target valuations for Anthropic should simply be cut in half.
Odaily reports: “White-Haired Stock Oracle” Serenity posted that Musk’s recent abrupt interactions with multiple finance-sector KOLs have amplified market concerns about CoreWeave (CRWV) financing risks and speculative behavior among AI investors. Although Musk is highly visionary, from the outside, continuously magnifying the problems facing competitors and accusing Samsung and SK Hynix of overpricing may further increase the financing difficulty of those parties. These remarks may benefit Tesla and SpaceX in the long run, but the market may also overlook the specific context of some of these issues as a result.Serenity added that it had previously raised concerns multiple times about CoreWeave’s debt interest burden and the risk of rising rates, and criticized the market for lacking detailed analysis of changes in high-end memory chip supply and Broadcom CEO’s remarks about OpenAI’s annualized recurring revenue (ARR). It also suggested that when Musk criticizes competitors, he should also consider the risks he himself faces.
According to BBVA's official website, Iberdrola, BBVA, and Santander Bank completed a €150 million corporate syndicated loan on October 15, 2026, marking the world's first syndicated loan whose entire lifecycle is managed through distributed ledger technology (DLT). The platform replaces the traditional multi-party database reconciliation process with a single shared information source, enhancing transaction traceability and reducing operational risk. The three parties stated that they will gradually onboard more participating institutions and expand platform functionalities to drive the modernization of syndicated loan market infrastructure.
Morgan Stanley notes that the market only sees rockets and satellites, while pricing for enterprise AI and distributed inference clouds is nearly zero. AI compute for FY2027 is estimated at 4.9 gigawatts, with the company targeting nearly 10 gigawatts; every additional 1 gigawatt of compute capacity could increase the stock price by approximately $27. Maintains an Overweight rating.
Gate Founder and CEO Dr. Han will be invited to participate in a CoinMarketCap (CMC) live AMA on October 15 at 21:00 (UTC+8). Under the theme "One Gate, Everything Money," he will introduce how Gate Money connects crypto assets, stocks, gold, and bank accounts through a single App, and explain Gate's thinking behind its expansion into comprehensive financial services, exploring an integrated experience for asset holding, trading, and payments.This session will also focus on Gate's positioning in traditional financial assets such as stocks and ETFs, analyzing the differences between physical stocks, tokenized stocks, and stock perpetual contracts, as well as the application opportunities for stablecoins and asset tokenization in cross-border payments, on-chain settlement, and other scenarios. As the connection between digital assets and traditional finance grows increasingly close, Dr. Han will draw on Gate's product practices to share the development direction of integrating multi-asset management with everyday financial services.
Bernstein forecasts an EPS of approximately $36 for Celestica in 2028. Based on institutional buy-side estimates, its current stock price implies a roughly 9.7x P/E ratio for 2028. The market is questioning whether Celestica can defend its market share and profit margins after Google expands its TPU supplier base. Bernstein maintains an Outperform rating and a $520 price target, highlighting the October 27 Investor Day as a near-term catalyst.
According to TechFlow, a Morgan Stanley research report dated October 13, 2026 shows that for the week ended October 9, U.S. internet stocks rose by approximately 2% on a market-cap weighted basis. The sector's forward 12-month EV/EBITDA stands at approximately 12.6x, representing a discount of roughly 7% and 16% against the five-year and ten-year averages, respectively. Morgan Stanley rates the North American internet sector as "attractive," although valuations among top companies remain inconsistent. Amazon and Meta trade at approximately 13% and 10% below their respective two-year averages, while Alphabet trades at a premium of about 4%. The report further estimates that treating stock-based compensation as cash expenses leads to median increases in expected 2026 EV/EBITDA of approximately 26% for e-commerce companies and 38% for digital media companies, indicating that equity compensation costs significantly influence valuation outcomes.
According to Bloomberg, leverage trading capital in the cryptocurrency market is shifting from pure digital tokens to traditional financial assets such as stocks and commodities. The latest data from crypto trading technology provider Talos indicates that across five major trading platforms, the total open interest of perpetual futures contracts has fallen from approximately $81 billion to around $67 billion over the past year. Meanwhile, the total open interest of contracts linked to real-world assets (RWA) has surged from nearly zero to $9 billion, now accounting for 14% of the total positions on these platforms.
According to the Financial Times, Anthropic informed investors that its third-quarter revenue increased to $16.8 billion, up nearly 50% from $11.5 billion in the second quarter. On an adjusted basis, the company achieved profitability and recorded positive cash flow for the quarter. Chips and data centers account for its largest expenses. Anthropic is advancing its IPO preparations, with widespread expectations that its offering will become the highest-valuation IPO in history.