News linked to both this project and an event.
Odaily News: On-chain trading platform GMX has published a governance proposal to allocate $10 million from its treasury in the first phase to establish a GMX token market-making fund. The fund will use cross-chain aggregate open interest as a reference metric, primarily conducting buybacks when GMX's circulating market cap falls below aggregate OI, and shifting to liquidity provision when circulating market cap is not below aggregate OI.The proposal also outlines a subsequent roadmap, including cross-collateral and cross-margin modes, market grouping, net open interest, RFQ, permissionless markets, Robinhood integration, and a new USDG LP product line. Additionally, GMX will initiate a GT buyback and distribute GT airdrops to GMX stakers, with specific details to be announced in subsequent proposals.
Odaily News: According to an official announcement, Bitget has launched an ETF investment hub, featuring an initial selection of 5 U.S. equity ETFs: SPY (S&P 500 ETF), IWM (Russell 2000 ETF), TLT (U.S. Long-Term Treasury ETF), EWY (South Korea Market ETF), and SOXX (Semiconductor ETF), covering themes such as broad U.S. equity exposure, U.S. long-term bonds, and core technology.Through this hub, users can gain one-stop exposure to core global assets and trending sectors via a basket-of-assets investment approach, without needing to pick individual stocks. Meanwhile, the ETF assets (rTokens) in the hub support 7×24 flexible trading and can be used as collateral, further enhancing capital efficiency.Currently, the hub page intuitively consolidates key data for each ETF, including yield, historical dividends, and holdings composition. Users can access it via the Bitget App by navigating to "Wealth Overview → RWA → ETF Investing."
According to Cointelegraph, Binance officially launched its ETF wealth management service on September 15, initially offering 11 exchange-traded funds (ETFs) that primarily invest in short-term U.S. Treasury bonds and investment-grade bonds.
Odaily News: According to Gate Ventures' latest weekly report, last week's escalation of geopolitical conflicts in the Middle East combined with U.S. core inflation exceeding expectations significantly heightened global market volatility. Brent crude and WTI crude surged 8.33% and 9.36% respectively, returning above $100 per barrel; U.S. August core CPI rose 0.29% month-over-month, higher than expected, pushing the 10-year Treasury yield to 4.97%, with market-implied probability of a September rate hike rising to approximately 86%; spot gold fell 1.82% to $4,349.42 per ounce. U.S. stock indices — the S&P 500, Nasdaq, and Dow Jones — declined 0.80%, 0.66%, and 1.57% respectively; the crypto market weakened in tandem, with BTC and ETH dropping 4.4% and 1.5% respectively. Spot BTC ETFs saw net outflows of $462.7 million, while ETH ETFs recorded net inflows of $197.1 million. The fear index dropped from 71 to 57, indicating a cooling of market sentiment.On the industry front, India launched a $107 million tokenized corporate bond pilot program, further advancing institutional-grade RWA tokenization; Gemini obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, further expanding its regulatory footprint in the Asia-Pacific region; and the Philippine central bank plans to suspend new payment system operator registrations for 12 months, tightening oversight of VASP-related payment activities.On the funding side, a total of 9 financing deals were completed last week, with disclosed total funding reaching $158.4 million, down 88% quarter-over-quarter. Overall, energy prices and inflation expectations remain the core variables driving short-term market trends, while interest in tokenized assets and institutional-grade crypto infrastructure development remains undiminished.
According to Chaowang Research, JPMorgan’s September 14, 2026 report indicates that Brent crude oil has broken through the $100 level, trading at $107.6 on September 10. Coupled with rising bond yields, global equity markets have begun to decline. JPMorgan considers this pullback an opportunity to increase equity exposure. Year-to-date, the MXWO index has risen 11%, while bond yields climbed 65 basis points over the same period. The yield increase is driven by robust economic activity and earnings upgrades, whereas long-term inflation expectations have not risen. The 5y-5y forward inflation rate has not reacted to higher oil prices, the term premium sits at a 10-year peak, and wage growth is at its slowest pace in five years. JPMorgan notes that the equity-bond correlation faces a reversal risk when the 10-year U.S. Treasury yield approaches 5% to 5.5%; currently at roughly 4.83%, it remains below this threshold. The bank maintains an overweight stance on equities, neutral on bonds, and underweight on cash. Regionally, it is overweight in emerging markets and the eurozone, and sector-wise, overweight in materials, industrials, and consumer discretionary. It recommends leveraging oil-driven market weakness to add to stock positions.
Odaily reports: According to an official announcement, Binance Wealth has officially launched ETF Wealth Management, providing users with a one-stop TradFi asset allocation platform focused on cash management and yield strategies. The initial offering features 11 selected U.S. equity ETFs, covering short-term U.S. Treasury ETF, investment-grade bond ETF, and other products, with corresponding options for different allocation horizons including under 6 months, 6 to 12 months, and over 1 year.Users can independently select products and place orders through ETF Wealth Management, with orders executed in the market via Binance Stock Trading, and execution, clearing, and custody handled by a licensed third-party broker. Users actually hold ETF shares and enjoy economic rights such as price changes and cash dividends. Binance states that ETF Wealth Management only provides product information and access channels, is not a savings product, does not offer fixed returns, and ETF prices will fluctuate with the market.
The GoPlus Chinese community released a security alert stating that on September 12, a newly activated external account address submitted a malicious governance proposal to Ampleforth. Under the guise of applying for funding for completed work on the SPOT ecosystem analytics tool, the proposal attempted to transfer 2.5 million USDC from the treasury to the proposer themselves, an amount that nearly comprised all of the treasury's liquid funds.
Odaily News: In an operation targeting the Telegram crypto escrow trading platform Xinbi Guarantee, the U.S. Department of Justice's Scam Center Strike Force restricted the handling of approximately $52 million in fraud-related cryptocurrency in a single day, bringing the cumulative total to approximately $938 million. Previously, the cumulative amount frozen, seized, or recovered had already exceeded $580 million.The U.S. Department of the Treasury stated that since its founding around 2022, Xinbi Guarantee has processed over $24 billion in transactions, involving digital assets and fiat currency, primarily serving Southeast Asian transactions. North Korean hackers and sanctioned entities are alleged to have used the platform, including entities under Jin Bei Group and Prince Group.A U.S. federal court approved the seizure on September 7 of the Telegram channel operated by Xinbi Guarantee. Law enforcement authorities also seized two payment wallets totaling approximately $12 million and applied to freeze another 47 cryptocurrency wallets suspected of being used for money laundering or associated with fraud-related service providers.The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added Xinbi Guarantee and its two supporting companies, Safew Technology and Anwen Technology, to its sanctions list on September 9. The U.S. Department of Justice also dispatched investigators to Madagascar to assist local law enforcement in cracking down on 13 scam compounds operated by Chinese nationals and to process over 3,200 electronic devices. (Bitcoin.com News)
the UK House of Lords on Wednesday passed an amendment by a vote of 194 in favor to 138 against, requiring the government to formulate a digital asset strategy, despite opposition to the measure from the ruling Labour Party.The amendment, proposed by Conservative peer Baroness Neville-Rolfe, requires the UK Treasury to formulate, publish, and seek consultation on the strategy within 12 months after the Financial Services and Markets Act takes effect.The strategy will cover crypto assets, stablecoins, and tokenized securities, and address issues including innovation, consumer protection, and enterprises' access to banking, payment, and settlement services. The related bill still needs to be submitted to the House of Commons, where lawmakers may accept, amend, or reject the Lords' amendments.The UK Cryptoasset Business Council expressed support for the vote result. Previously, Lord Stockwood, the UK Treasury's Minister for Investment, had stated that the government already has a digital asset strategy and is implementing it. (Cointelegraph)
The U.S. Department of the Treasury has sanctioned the guarantor of the online marketplace Xinbi, suspected of assisting Chinese cybercriminals, alleging involvement in illegal financial transactions totaling up to $24 billion since 2022. Two affiliated entities providing technical support, SafeW and Anwen, were also added to the sanctions list.
Bitcoin News stated on the X platform that the U.S. Treasury has expanded sanctions against Iran, covering the country's entire digital asset industry, allowing OFAC to take action against industry operators regardless of their location. The measure took effect on August 24 and also extends to gold, shipping, aviation, and technology. Elliptic's tracking found that Iran's central bank has acquired at least $507 million worth of USDT; Tether froze $344 million in USDT linked to the bank in April. Iran also obtains crypto assets through Bitcoin mining, with Elliptic estimating its Bitcoin mining accounts for approximately 4.5% of the global total, generating hundreds of millions of dollars in crypto assets annually. The measure does not automatically sanction all Iranian cryptocurrency users, but the U.S. Treasury has gained broader authority to target the industry and supporters of designated entities.
The Ministry of Finance plans to issue special treasury bonds to support the recapitalization of eight central financial institutions, OPEC+ maintains October output unchanged, and US dollar deposits at major South Korean banks hit record highs.
The Fed’s September interest rate decision awaits guidance from CPI data, the combined effect of U.S. Treasury auctions and Treasury repo operations impacts USD liquidity, and escalating U.S.-Iran geopolitical tensions are disrupting global asset markets.
Odaily News – Crypto journalist Eleanor Terrett stated that the National Sheriffs' Association (NSA) has adjusted its position on the CLARITY Act from opposition to neutral, becoming the last major police organization to change its stance among those that previously opposed the bill. Terrett noted that as recently as July 31, the NSA had called the bill "harmful" and strongly criticized the BRCA's provisions protecting non-custodial software developers. This shift likely reflects extensive behind-the-scenes communication between the White House and the organization over the past few months. While the NSA's move to neutral does not constitute formal support for the bill, it is widely seen as clearing yet another hurdle on its path to the Senate procedural vote on September 15.Terrett added that the National District Attorneys Association and the National Association of Assistant United States Attorneys are still expected to hold their positions, with both demanding a significant narrowing of the BRCA's protections for non-custodial software developers. However, the White House, the Treasury Department, some members of Congress, and the crypto industry are all unwilling to accept such changes. Additionally, Democratic Senator Catherine Cortez Masto, who previously supported the prosecutors' proposed amendments, has not yet publicly changed her stance.
According to Trend Research, Goldman Sachs' September 1 research report indicated that the U.S. high-conviction list was updated this month; Vertex Pharmaceuticals was added, Interactive Brokers Group was removed, and the list remained at 23 stocks. All U.S. equity gains in August were concentrated in the first two trading days, after which the market entered a summer consolidation phase, with Nvidia's robust earnings failing to break the stalemate. The 10-year Treasury yield rose by 9 basis points from the start of the month, Brent crude was essentially flat, while gold, silver, and bitcoin gained 9%, 22%, and 24%, respectively. Vertex was the standout performer this month. Goldman Sachs believes the company has five billion-dollar-plus commercial opportunities spanning cystic fibrosis, pain management, kidney disease, hematology, and the endocrine field following its proposed acquisition of Crinetics. Market expectations for peak sales of povetacicept in IgAN stand at $3.2 billion, significantly below Goldman Sachs' $5.8 billion estimate. Outperformers included Estée Lauder, which rose 5.3% in August, and DoorDash, up 18.1%. Following a strong second quarter, TPG raised its FRE expectations by approximately 10%. Viking Holdings and Applied Materials came under pressure amid overly elevated expectations. The list is constructed based on bottom-up fundamental analysis, covering six major sectors: consumer, financials, healthcare, industrials, resources, and technology.
Overnight, the US Treasury 10-year yield breached 4.8%, WTI and Brent crude oil both rallied over 4%, and European natural gas futures hit a fresh two-year high. Amid sustained tensions in the Middle East, marked by US military strikes on multiple targets in Iran and attacks on oil tankers in the Strait of Hormuz, risk-off sentiment in the markets has intensified.
According to CriptoNoticias, data from El Salvador's National Digital Assets Commission (CNAD) shows that 233 new tokens were registered in the country's digital asset market in 2026, with 182 concentrated between July and August, accounting for 78.1% of the annual total. The registered assets encompass tokenized stocks of tech giants including Apple, Microsoft, Nvidia, Amazon, Alphabet, and Meta, alongside financial institutions such as JPMorgan Chase, Bank of America, Visa, and Mastercard. The list also features consumer brands like Walmart, Netflix, McDonald's, and Coca-Cola, as well as tokenized versions of indices and assets such as the S&P 500, NASDAQ 100, gold, and U.S. Treasury bonds. Major issuers include MIO 3 MARKETS 1 (101), Monetae Securities (70), and NexBridge Digital Financial Solutions (27). Additionally, 35 tokens originate from local Salvadoran enterprises, covering corporate bonds, commercial paper, real estate financing instruments, and venture capital agreements.
Odaily News - Bitfinex Securities, the tokenized investment platform under crypto exchange Bitfinex, has listed 5 tokenized notes, providing eligible investors with economic exposure to bitcoin treasury companies such as Strategy, Metaplanet, H100 Group, and Capital B. The platform has also listed Strategy's floating-rate perpetual preferred stock, STRC.The aforementioned notes are issued through the Luxembourg-based ORO (II) fund and managed by SICOS Securities. The underlying securities are held in custody by regulated financial institutions but do not grant investors direct ownership of shares in the corresponding companies. The products allow fractional investments starting from approximately $1 and support trading in USD, USDT, and Bitcoin, and are only available to eligible non-US investors.Bitfinex Securities stated that this marks the first time such products are available for secondary trading on a regulated tokenized securities exchange. Following the completion of a $50 million tokenized fundraising round for metals company Alkemya in August this year, the platform's total listed assets have surpassed $500 million. (Cointelegraph)
Odaily News - The UK government has released its first official statistics on taxable crypto asset gains, with 240 individuals each declaring over £1 million in capital gains for the 2024-25 tax year, totaling £717 million—accounting for more than half of the £1.38 billion declared by 17,600 individuals.HM Revenue & Customs (HMRC) stated that 17,600 individuals declared £13.8 billion in proceeds from crypto asset disposals and £1.38 billion in taxable gains, averaging approximately £78,000 per person. Of these, around 87% were male and 13% female. Selling, exchanging, spending tokens, or gifting assets to others may all trigger tax obligations.HMRC has issued 81,000 crypto tax letters over the past 12 months, a 25% increase from approximately 65,000, and nearly three times the 27,714 letters issued in the 2023-24 tax year. James Murray, Financial Secretary to the Treasury and Paymaster General, stated that gains from crypto assets are subject to tax just like other gains.The UK plans to adjust tax treatment for certain DeFi transactions starting April 6, 2027, with related lending and liquidity pool transactions typically deferring capital gains tax until an economic disposal occurs. This is expected to affect around 700,000 people. HMRC estimates that its crypto tax compliance and education campaigns have generated an additional £168 million in capital gains tax revenue in 2024-25. (Bitcoin.com News)
In response to recent warnings from Bank for International Settlements (BIS) General Manager Pablo Hernández de Cos regarding the potential risks stablecoins may pose to financial stability, Tether CEO Paolo Ardonio lashed out at the BIS on the X platform. He stated that stablecoins and tokenized bank deposits have fundamentally different underlying risk structures. Stablecoins are essentially instruments fully backed by 100% reserves of highly liquid assets, such as U.S. Treasury securities. By contrast, tokenized bank deposits remain deposits within the banking system and typically operate under a fractional reserve model, where only a portion is backed by highly liquid assets.