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Thailand's Bitcoin ETF Rules to Take Effect on October 16, Funds Must Maintain an Average Net Exposure of 80%

Odaily reports: Bitcoin News posted on X that the Securities and Exchange Commission of Thailand has completed the formulation of Bitcoin ETF rules. The new regulations will take effect on October 16, with Bitcoin included as a qualifying asset in the first phase. Under the rules, relevant funds must maintain an average net exposure of at least 80% of net asset value in each fiscal year, custodians must be licensed by the Securities and Exchange Commission of Thailand, fund shares may only be traded on the Stock Exchange of Thailand, and securities firms may not provide margin financing. Thai mutual funds and private funds will be permitted to invest in locally listed cryptocurrency ETFs, but issuance and offering of depositary receipts related to overseas cryptocurrency ETFs will be prohibited initially.

Confido Health Raises $22.5 Million to Build Healthcare AI Agents

Confido Health has raised a cumulative $22.5 million in Series A financing, including a $12.5 million extension round led by z47_vc. The funds will be used to build AI agents that connect patients, healthcare providers, insurers, and pharmacies, automating workflows for appointments, insurance, referrals, and prescriptions. Citing data, the company notes that U.S. annual healthcare labor expenditures exceed $800 billion and healthcare IT spending surpasses $200 billion, with a projected healthcare workforce shortage of up to 3 million by 2030.

EasyA Secures $1.1B Standalone Valuation, Plans Direct Listing in H1 2027

Odaily reports: EasyA, a blockchain and AI application development education platform, has secured a standalone valuation of $1.1 billion and plans to go public through 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), though the current valuation does not represent the actual price investors will pay once its shares begin trading.EasyA states that its app has surpassed 1.3 million users and is considering issuing tokenized shares. Meanwhile, the company is expanding into tokenization projects and applications involving AI agents. (CoinDesk)

DriveWealth partners with Ripple to use RLUSD stablecoin for settlement and cross-border payments.

According to The Block, broker infrastructure company DriveWealth announced a partnership with Ripple to integrate Ripple's RLUSD stablecoin into its platform for cross-border settlement, stablecoin payments, and digital asset custody services. The collaboration will operate on the XRP Ledger, allowing clients to fund collateral accounts around the clock and supporting near-real-time conversion of stablecoins into cash. The partnership will initially launch in Europe before expanding to the United States, while both parties will also explore equity financing opportunities through Ripple Prime. This initiative further advances RLUSD's penetration into institutional financial infrastructure, with Standard Chartered Bank also announcing the launch of RLUSD custody services this week.

Scimplify Raises $25 Million to Challenge China's Critical Materials Supply Chain with AI Technology

According to TechCrunch, Indian startup Scimplify has announced the completion of a $25 million strategic financing round led by Hitachi Ventures, with new investors Henkel and Teknor Apex, and follow-on participation from existing shareholders including Accel India and Bertelsmann India Investments. Following this round, the company's valuation stands at $250 million, raising its cumulative equity financing to $80 million. Founded in 2023 and headquartered in Bangalore, Scimplify leverages its proprietary AI platform, Scinode, to coordinate chemical R&D and manufacturing processes, reducing material delivery cycles from the traditional 12 to 18 months to as little as two months. The company currently serves over 1,000 clients across more than 40 countries, generating approximately $200 million in annualized revenue—a roughly threefold year-over-year increase—and has achieved positive EBITDA for two consecutive months. Revenue from the energy, electronics, and defense sectors now accounts for 45% to 50%.

CoreWeake seeks insurance funding for AI expansion, with chip financing already exceeding $35 billion

According to the UK's Financial Times, NVIDIA-backed AI cloud provider CoreWeave is seeking to tap into insurers' vast pools of capital to reduce its financing costs for purchasing AI chips and building infrastructure. Brandon McBride, CoreWeave's co-founder and head of financing, stated that if the company can secure investment-grade ratings for more of its chip-backed debt and ultimately improve its own credit rating, it will have the opportunity to enter the insurance capital market. He noted that the insurance industry's capital base is "almost infinite," because "all the money sitting in insurance capital pools represents one of the largest funding sources in the world."

Progress in Qian Zhimin’s 40-Billion-Yuan Illegal Fundraising Case: Prosecutors Apply to Confiscate Over 61,800 Bitcoins and Other Assets, Court Has Accepted the Application

According to The Paper, the case of Qian Zhimin, involving over 40 billion yuan in illegal fund-raising and more than 60,000 bitcoins, has seen new progress in China's judicial proceedings. On October 13, the Second Intermediate People's Court of Tianjin Municipality announced that it accepted the case on September 28 concerning an application by the Second Branch of the Tianjin Municipal People's Procuratorate to confiscate the illegal proceeds of criminal suspect Qian Zhimin. The assets targeted for confiscation include 61,896.41552945 bitcoins, 72,745.79502 Bitcoin Cash, 72,745.78555 Bitcoin Gold, 72,745.7845 Bitcoin SV, 3,605,989.9995 Ripple (XRP), 70,081,208.62553222 Dogecoin, as well as cash, jewelry, financial assets, and other items.

Pluto Security Completes $42 Million in Funding to Expand Enterprise AI Security Business

According to TechCrunch, enterprise AI security startup Pluto Security announced it has secured a total of $42 million in funding. This round includes an $8.5 million seed round led by TLV Partners with participation from the founder of cybersecurity firm Armis, as well as a $34 million Series A round led by Jump Capital with participation from Skinos, Ansa Capital, and others. The new funds will be used for product development, expanding security research operations, and strengthening its market presence in the United States.

Bloomberg: Polymarket CEO Again Hints at Possible Launch of Platform Token

According to Bloomberg, Polymarket CEO Shayne Coplan recently hinted that the platform may release an announcement, sparking widespread market speculation over the potential launch of a cryptocurrency token. Previously, at the TOKEN2049 Singapore conference, Coplan noted that the company is exploring an on-chain asset linked to the platform’s economic system with practical programmable utility, though no specific token issuance plan was announced. At present, crypto startups face a choice between traditional equity financing and token offerings as they seek both capital and regulatory stability.

YZi Labs-associated addresses transferred over 47.85 million ENA to Binance, worth over $10 million.

According to Arkham data, the address flagged as YZi Labs (starting with 0x877b) transferred approximately 47.8549 million ENA to Binance deposit addresses in 40 transactions on October 13, with a total transfer value of approximately $10.1365 million. Currently, the address still holds approximately 268 million ENA (worth approximately $56.22 million). Reports indicate that YZi Labs previously participated in Ethena's $14 million extended seed round, completed in February 2024, when the project was valued at $300 million.

U.S. Consumer and Credit Remain Resilient, Q3 Earnings from Four Major Banks Show Active AI Financing Demand

Odaily reports: qinbafrank posted on X platform that Q3 earnings released by JPMorgan, Goldman Sachs, Citi, and Wells Fargo show U.S. consumer spending remains resilient, corporate credit at major banks continues to expand, and actual credit losses have not broadly risen. JPMorgan's credit card spending grew 10% year-over-year this quarter, with a net charge-off rate of 1.27%; JPMorgan, Citi, and Wells Fargo saw average loans grow 10%, 12%, and 11% year-over-year, respectively. Goldman Sachs stated that client demand for computing power exceeds supply, providing opportunities for financing arrangements, but the firm will remain selective on underwriting and capital commitments; JPMorgan's CFO said AI financing demand and project pipeline remain active, while deal pace will be influenced by valuations and market conditions.

21Shares Launches Synthetic Anthropic ETP on Vienna MTF

According to The Defiant, crypto asset manager 21Shares has listed its synthetic exchange-traded product (ETP) for Anthropic (ticker: CLAU) on the Vienna Multilateral Trading Facility (Vienna MTF), with trading beginning on October 13. The product is designed to allow investors to gain exposure to the market-implied valuation of AI company Anthropic without requiring direct ownership of the stock.

BNY Mellon and Castle Securities Complete Tokenized U.S. Treasury Triparty Repo Transaction

According to an official announcement, Bank of New York Mellon (BNY) and Citadel Securities have completed a tri-party repo process using tokenized U.S. Treasuries, marking the first use of tokenized assets on a major tri-party platform. In the transaction, a two-year U.S. Treasury bond purchased by Citadel Securities was recorded as a tokenized security on BNY’s private distributed ledger and settled within minutes, breaking the traditional T+1 settlement cycle. Subsequently, the tokenized Treasury was used as collateral for an overnight tri-party repo, with BNY providing the corresponding funding. BNY stated that it plans to launch digital cash and tokenized deposit features in the future to support institutional clients in conducting on-chain settlement and financing activities, and intends to extend operating hours for its traditional settlement platforms.

Strive Plans to Raise $500 Million to Increase Bitcoin Holdings and Other Purposes, New Preferred Stock Offers 15% Fixed Dividend Rate

Odaily News: Bitcoin treasury company Strive (ASST) has announced plans to issue a new class of perpetual preferred stock, SATS, aiming to offer 5 million shares at $100 per share, targeting a raise of $500 million. The proceeds will be used to increase Bitcoin holdings, acquire yield-generating assets, or repurchase company shares.SATS has a fixed dividend rate of 15%, with dividends paid daily, and ranks junior to the company's existing SATA preferred stock, which carries a floating dividend rate currently at 13%. Strive also plans to establish a reserve equivalent to the total dividends for the first 18 months of SATS upon completion of the offering. Additionally, Strive increased its holdings by 3,311 Bitcoin last week, bringing its total position to 32,773 BTC, valued at approximately $2.7 billion. (CoinDesk)

21Shares Launches Synthetic ETP for Anthropic, Offering Pre-IPO Valuation Exposure to AI Unicorn

Odaily News: 21Shares has launched a synthetic exchange-traded product (ETP) based on Anthropic's valuation on the Vienna Stock Exchange, with ticker symbol CLAU, providing investors with unleveraged exposure to Anthropic's pre-IPO valuation.The ETP does not represent direct ownership of Anthropic shares, whether before the company's listing or after the IPO is completed. Its return exposure comes from a Total Return Swap that tracks a reference rate constructed by Kaiko, which is based on Anthropic perpetual futures prices on Binance.21Shares stated that the product is designed to allow investors to participate in the valuation changes of private AI companies through traditional financial market instruments, providing a new investment channel for high-growth technology companies that have not yet gone public.

MNX Lists Pre-IPO Futures Contracts for OpenAI and 3 Other Private AI Companies

Odaily News: MNX, a cryptocurrency exchange built on MegaETH by Manifold Markets, has listed futures contracts that allow investors to trade on the valuations of private AI companies including OpenAI, Anthropic, DeepSeek, and Moonshot.These contracts expire at the end of 2027 and do not charge periodic funding fees, but settlement prices may differ from the prices investors pay when purchasing shares in private companies.MNX allows traders to use up to 3x leverage on their available funds, currently does not serve U.S. customers, and plans to expand into markets related to the broader AI economy. (CoinDesk)

Strategy: Global Bitcoin Banking Adoption Index Rises to 34%, BTC Custody and Lending Services Continue to Expand

Strategy stated its "Bitcoin Banking Adoption Index" rose to 34% in the third quarter of 2026, indicating that major global banks' adoption of Bitcoin and digital asset-related services continues to increase, though the overall level remains at an early stage. Among them, Fidelity ranked first at 77%, JPMorgan Chase at 47%, and BNY at 46%.Strategy noted that the index increase this quarter was mainly driven by several developments, including expanded access to Bitcoin ETF/ETP products, growth in institutional custody services, and the development of lending businesses using BTC as collateral. Meanwhile, advancements in stablecoins and asset tokenization also contributed to the index increase. As traditional financial institutions gradually explore digital asset infrastructure, Bitcoin-related services are extending from investment products to custody, financing, and financial application scenarios.

Tether 投资拉美稳定币基础设施公司 EFY Finance

据 The Block 报道,Tether 以未披露金额参投拉美稳定币基础设施初创公司 EFY Finance 种子轮融资。EFY Finance 为 USDT 和 USAT 提供出入金基础设施,并支持跨境支付、账户及托管服务,目前已覆盖 17 个国家的本地银行账户结算,拥有超 25,000 个活跃个人及企业账户。

Cipher Digital Announces Issuance of $850 Million Convertible Notes to Fund HPC Expansion and Investments in Barber Lake

According to TheEnergyMag (@TheEnergyMag), Cipher Digital ($CIFR) announced the private placement of $850 million in convertible senior notes with a 0% interest rate to qualified institutional buyers. The notes will mature on November 1, 2032, and include an option to issue an additional $150 million within 13 days. The proceeds will be used for an equity investment in Barber Lake, high-performance computing (HPC) infrastructure construction, and site expansion. Additionally, the Barber Lake lease amendment has raised revenue commitments to $9.1 billion.

Derivnex completes first OTC swap on Canton Network

According to the Canton website, Derivnex announced the completion of the first over-the-counter (OTC) swap trade on the Canton network with DRW and Marex, as well as the first on-chain derivatives trade referencing the S&P Dow Jones Indices iBoxx USD Investment Grade Index, with index tokenization handled by Kaiko. Recorded on-chain via smart contracts, this trade enables DRW and Marex to perform valuation management and lifecycle event processing based on a single shared ledger, effectively replacing the inefficient model of traditional OTC derivatives markets that relies on multiple systems, bilateral communication, and continuous reconciliation. Derivnex employs the industry-standard Common Domain Model (CDM) to create standardized digital representations of derivative trades.