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Wrapped asset protocol

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Universal is a wrapped asset protocol designed to enable any token to trade on any chain. Universal can enhance liquidity management, simplify token availability across multiple chains, and significantly improve the overall user experience in crypto ecosystems.

Stability AI, developer of the AI image generation model Stable Diffusion, completes $76 million Series B funding round.

According to TechCrunch, Stability AI, the developer of the AI image generation model Stable Diffusion, has completed a $76 million Series B funding round, bringing its cumulative funding to $232 million. Participating investors include Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts (EA), as well as AMD Ventures and Pacific Alliance Ventures.

ElevenLabs and Stability AI Release New AI Music Models

Odaily Odaily News: Voice AI company ElevenLabs, founded in Poland, has released Music v2. This model can switch genres within the same track, generate songs by sections such as intro, verse, and chorus, and supports local redrawing of specified segments. Music v2 is now available on ElevenMusic and ElevenCreative, with early access to the ElevenAPI currently provided through the sales team. Stability AI has launched Stable Audio 3.0, which includes four models: Small SFX, Small, Medium, and Large. Three of these variants have open weights on Hugging Face. The series is trained on licensed data. The Medium model supports generating tracks up to 6 minutes and 20 seconds long, while the Large model is only available via the Stability AI API. ElevenLabs has signed licensing agreements with Believe, Kobalt, and Merlin. Stability AI has established partnerships with Warner Music Group and Universal Music Group. In November 2025, Suno was valued at $2.45 billion, with an annual recurring revenue exceeding $300 million, approximately 100 million users, and generating an average of about 7 million songs daily.

Bitget UEX continues to expand, now supporting over 340 US stock assets

amidst the US earnings season and the continuous advancement of AI narratives by tech giants, according to official sources from Bitget, the platform has recently added 10 new US stock contract targets. As a result, Bitget's Universal Exchange (UEX) now supports 263 US stock tokens and 81 US stock contracts. The total number of US stock-related assets tradable across the entire platform has exceeded 340.This week enters a period of密集 earnings reports and macroeconomic data releases. Through continuous expansion, Bitget aims to provide users with a wide range of cross-market asset allocation channels.3 Key Focus Targets This Week:• NVDA (NVIDIA): Will release Q1 earnings after the US market closes on May 20. The implied volatility from the options market suggests a potential single-day swing of over 7.5%. As the core of AI computing power, its performance will directly impact the overall valuation trend of the tech sector.• GOOGL (Google): Recently, at its I/O conference, Google intensively released multiple new products such as Gemini 3.5 and AI agents. The market is closely monitoring the subsequent pace of commercial implementation and revenue monetization capabilities.• WMT (Walmart): Will release Q1 earnings before the market opens on May 21. As a retail giant, Walmart's resilience during the consumer downturn cycle is under significant scrutiny. The earnings results and guidance will directly influence investors' assessment of full-year growth expectations and the stock's short-term performance.

Crypto Asset Reserves Cool Down; ReYuu Japan Terminates $100 Million Financing Framework Agreement with Universal Digital

According to NADA NEWS, ReYuu Japan, a company listed on Japan’s Tokyo Stock Exchange Standard Market, announced that, following mutual consultation, it has terminated the basic agreement with Canadian investment firm Universal Digital Inc. regarding a financing framework of up to USD 100 million (approximately JPY 15 billion). The agreement was originally intended to advance external financing arrangements related to ReYuu Japan’s Digital Asset Treasury (DAT) strategy; however, it was not a formal loan agreement, and neither the financing framework nor any actual borrowing had been finalized prior to termination. ReYuu Japan stated that the capital market environment for publicly listed companies pursuing digital asset treasury strategies has changed, with investors adopting a more cautious stance. The termination does not signify the suspension of its digital asset treasury strategy; rather, the company will continue evaluating the strategy in light of market conditions, financial soundness, and shareholder value.

Bitget Chief Legal Officer’s 8th Anniversary Open Letter: Making Trust Visible and Verifiable

Bitget Chief Legal Officer Hon Ng has released an open letter on the occasion of the platform's eighth anniversary. As the platform continues to evolve into a Universal Exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the scope of verifiable assets from four original cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has consecutively published 46 PoR reports. In his letter, Hon Ng noted, "Growth and responsibility are never two separate pursuits." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards must also be upgraded in tandem. "Making trust visible and verifiable remains a cornerstone of Bitget's commitment to long-termism." On the security front, account-level protections cover 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while platform security mechanisms integrate withdrawal protection, anomaly detection, and anti-fraud systems, providing backend safeguards for every user interaction. The Market Order & Token Responsibility Framework introduced this year further strengthens continuous monitoring and risk management of listed assets, project teams, and market makers. By continuously optimizing mechanisms and enhancing transparency, it maintains a fair and orderly trading environment. From a compliance perspective, Bitget has secured corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and holds

Bitget Chief Legal Officer's 8th Anniversary Open Letter: Making Trust Visible and Verifiable

Bitget Chief Legal Officer Hon Ng has published an open letter on the occasion of the platform's 8th anniversary. As the platform continues to evolve toward a Universal Exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the scope of verifiable assets from the original 4 cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has published 46 consecutive PoR reports. In the letter, Hon Ng noted, "Growth and responsibility have never been two separate things." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards must also be upgraded in tandem. "Making trust visible and verifiable has always been an important cornerstone of Bitget's commitment to long-termism."On the security front, the account level covers 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while the platform's security mechanisms integrate withdrawal protection, abnormal behavior detection, and anti-fraud systems, providing back-end safeguards for every user operation. The "Market Order and Token Responsibility Framework" launched this year further strengthened continuous monitoring and risk management of listed assets, project teams, and market makers. Through ongoing mechanism optimization and transparency initiatives, the platform continues to maintain a fair and orderly trading environment.On the compliance front, Bitget has obtained corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and continues to improve its compliance systems, including KYC, KYB, AML, CFT, and sanctions list screening, to adapt to the regulatory requirements of different markets and asset categories.

Bitcoin.com Wallet Integrates UAE's First CBUAE-Registered USD Stablecoin USDU

Odaily News: Cryptocurrency platform Bitcoin.com has announced the integration of USDU into its self-custody Bitcoin.com Wallet, serving millions of wallet users. USDU, issued by Universal Digital Intl Limited (Universal), is the first USD stablecoin registered as a foreign payment token by the Central Bank of the UAE (CBUAE). USDU is an Ethereum ERC-20 token, with each token backed 1:1 by liquid USD reserves held by regulated banks in the UAE. The reserves are independently attested monthly by a third-party accounting firm, with reports published on Universal's official website. Bitcoin.com Wallet's web and mobile versions will support self-custody holding, sending, and receiving of USDU. Bitcoin.com will accept USDU as payment for designated services and plans to enable its use for payments between users and merchants within its products. The wallet will also offer stablecoin education and Learn-to-Earn content. Exchange and buy/sell functionalities will be launched after support from third-party service providers, with availability varying by jurisdiction. (Bitcoin.com News)

SUN.io Completes Universal Router Contract Upgrade; New Contract Offers Up to 99% Energy Subsidy

SUN.io has announced the completion of the Universal Router contract upgrade, further optimizing system performance and on-chain transaction experience while maintaining the same contract interface invocation method. After the upgrade, the new Universal Router contract immediately qualifies for up to a 99% energy subsidy; the deprecated legacy contract will gradually phase out its energy subsidy, while subsidy policies for other business-related contracts remain unchanged. This upgrade does not affect normal user operations. SUN.io will continue delivering a more stable, secure, and efficient on-chain trading environment.

Bitget Now Supports 3,000+ rToken US Stock Transfers, with a $1 Million SpaceX Stock Reward Pool Launching Simultaneously

Odaily News: Bitget has officially launched its rToken US stock transfer feature, currently supporting 3,000+ US stocks and ETFs. Users can transfer eligible stock assets from traditional brokerage accounts to Bitget, and upon arrival, the stocks will be automatically converted into spot US stock rTokens based on the corresponding share quantity. Bitget charges no fees throughout the entire transfer process.After transfer, the rTokens can be directly integrated into Bitget's Universal Exchange (UEX) ecosystem, where they can be used for wealth management, lending, margin, and other yield-generating products, enhancing the capital efficiency and use cases of stock assets. To coincide with the feature launch, Bitget has simultaneously introduced a reward campaign featuring a total of $1 million in SpaceX stock tokens (rSPCX). Users can earn corresponding SpaceX stock rewards based on their transfer amounts, with rewards distributed on a first-come, first-served basis. Users can select the stocks and quantities they wish to transfer on the US stock transfer page and use the in-page reward calculator to view the estimated transfer amount and corresponding campaign rewards.Bitget CEO Gracy Chen stated: "This feature is designed to help investors consolidate stock assets scattered across different brokerages into a unified ecosystem without selling their existing holdings, enabling flexible allocation across asset classes."

Bitget Chief Legal Officer’s 8th Anniversary Open Letter: Making Trust Visible and Verifiable

Bitget Chief Legal Officer Hon Ng has released an open letter on the occasion of the platform's eighth anniversary. As the platform continues to evolve into a Universal Exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the scope of verifiable assets from four original cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has consecutively published 46 PoR reports. In his letter, Hon Ng noted, "Growth and responsibility are never two separate pursuits." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards must also be upgraded in tandem. "Making trust visible and verifiable remains a cornerstone of Bitget's commitment to long-termism." On the security front, account-level protections cover 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while platform security mechanisms integrate withdrawal protection, anomaly detection, and anti-fraud systems, providing backend safeguards for every user interaction. The Market Order & Token Responsibility Framework introduced this year further strengthens continuous monitoring and risk management of listed assets, project teams, and market makers. By continuously optimizing mechanisms and enhancing transparency, it maintains a fair and orderly trading environment. From a compliance perspective, Bitget has secured corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and holds

Bitget Chief Legal Officer's 8th Anniversary Open Letter: Making Trust Visible and Verifiable

Bitget Chief Legal Officer Hon Ng has published an open letter on the occasion of the platform's 8th anniversary. As the platform continues to evolve toward a Universal Exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the scope of verifiable assets from the original 4 cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has published 46 consecutive PoR reports. In the letter, Hon Ng noted, "Growth and responsibility have never been two separate things." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards must also be upgraded in tandem. "Making trust visible and verifiable has always been an important cornerstone of Bitget's commitment to long-termism."On the security front, the account level covers 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while the platform's security mechanisms integrate withdrawal protection, abnormal behavior detection, and anti-fraud systems, providing back-end safeguards for every user operation. The "Market Order and Token Responsibility Framework" launched this year further strengthened continuous monitoring and risk management of listed assets, project teams, and market makers. Through ongoing mechanism optimization and transparency initiatives, the platform continues to maintain a fair and orderly trading environment.On the compliance front, Bitget has obtained corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and continues to improve its compliance systems, including KYC, KYB, AML, CFT, and sanctions list screening, to adapt to the regulatory requirements of different markets and asset categories.

Citrini Analyst: NVIDIA Has Decided to Temporarily Abandon Adopting TSMC COUPE Technology Solution

Citrini analyst Jukan disclosed in a post on the X platform that NVIDIA has decided to temporarily abandon adopting TSMC's COUPE (Compact Universal Photonic Engine) technical solution, as TSMC's progress in advancing silicon nitride (SiN) technology has been slow and the development of 2D grating couplers has not met expectations.

The ENS DAO has launched an ENSv2 activation proposal, currently receiving approximately 619,000 affirmative votes, which has not yet reached the 1 million vote quorum.

The proposal page on the ENS DAO governance platform Tally/Blockful shows that the "Activate ENSv2" proposal submitted by nick.eth is currently voting and will close on October 25 at 13:32. Currently, there are approximately 619,000 yes votes (100%), 25 no votes, and 0 abstentions. Quorum progress stands at 619.42K / 1M. Upon approval and execution, the DAO will freeze new .eth registrations on ENSv1 through a single atomic transaction consisting of 15 calls, and transfer ownership of the v1 BaseRegistrar to the renewal-only ETHRenewerV1 contract. Simultaneously, the proposal will direct the .eth resolver to the ENSV2Resolver and update the Universal Resolver proxy to point to an intermediate proxy managed by the Security Council. Subsequently, ENS Labs will complete the final pre-migration synchronization and open registration via the v2 ETHRegistrar. The team will also switch to v2 resolution and transfer all retained v2 administrative privileges to the DAO timelock. An interval of several hours is anticipated between the proposal's execution and the full v2 launch. During this window, new name registrations will be disabled on both v1 and v2, while other name management operations will continue as usual and renewals will remain functional.

Jack Henry expands partnership with Google Cloud to provide tokenized deposit services to banks and credit unions.

As reported by PR Newswire, fintech company Jack Henry (Nasdaq: JKHY) has announced an expansion of its partnership with Google Cloud, with plans to provide tokenized deposit services for banks and credit unions through the Google Cloud Universal Ledger (GCUL). Jack Henry will be the first core banking technology provider integrated into GCUL. GCUL is a fully managed distributed ledger service that enables financial institutions to tokenize and transfer funds and assets on a single real-time ledger, while also supporting programmable round-the-clock settlement. According to the announcement, this integration primarily targets community and regional financial institutions, with use cases including deposit retention, providing 24/7/365 instant payments and automated programmable workflows, and improving capital efficiency through automated clearing and multilateral netting without tying up liquidity or requiring upfront funding.

Bitget Now Supports 3,000+ rToken US Stock Transfers, with a $1 Million SpaceX Stock Reward Pool Launching Simultaneously

Odaily News: Bitget has officially launched its rToken US stock transfer feature, currently supporting 3,000+ US stocks and ETFs. Users can transfer eligible stock assets from traditional brokerage accounts to Bitget, and upon arrival, the stocks will be automatically converted into spot US stock rTokens based on the corresponding share quantity. Bitget charges no fees throughout the entire transfer process.After transfer, the rTokens can be directly integrated into Bitget's Universal Exchange (UEX) ecosystem, where they can be used for wealth management, lending, margin, and other yield-generating products, enhancing the capital efficiency and use cases of stock assets. To coincide with the feature launch, Bitget has simultaneously introduced a reward campaign featuring a total of $1 million in SpaceX stock tokens (rSPCX). Users can earn corresponding SpaceX stock rewards based on their transfer amounts, with rewards distributed on a first-come, first-served basis. Users can select the stocks and quantities they wish to transfer on the US stock transfer page and use the in-page reward calculator to view the estimated transfer amount and corresponding campaign rewards.Bitget CEO Gracy Chen stated: "This feature is designed to help investors consolidate stock assets scattered across different brokerages into a unified ecosystem without selling their existing holdings, enabling flexible allocation across asset classes."

Vitalik Unveils 2030 Vision: Reshaping Ethereum Into a Universal Computing Layer

Ethereum founder Vitalik Buterin has proposed the "Lean Ethereum" roadmap, planning to achieve 1,000x scaling through over three years of protocol restructuring and to evolve toward privacy and quantum security.

跨链资产协议 Universal Protocol 宣布关停,曾获 a16z 等投资

Universal Protocol 宣布,因市场采用规模未达到长期可持续运营要求,将于 2026 年 11 月 17 日停止运营。在 60 天过渡期内,uAssets 仍由底层资产 1:1 支持,用户可通过 Universal 应用出售或赎回。协议停止后,Base 链上的 uSOL、uXRP、uDOGE、uADA、uBTC和 uLTC 计划通过智能合约兑换为对应桥接资产,其余 uAssets 将兑换为 USDC,最终方案将在停止运营前公布。

Bitget Chief Legal Officer’s 8th Anniversary Open Letter: Making Trust Visible and Verifiable

Bitget Chief Legal Officer Hon Ng has released an open letter on the occasion of the platform's eighth anniversary. As the platform continues to evolve into a Universal Exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the scope of verifiable assets from four original cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has consecutively published 46 PoR reports. In his letter, Hon Ng noted, "Growth and responsibility are never two separate pursuits." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards must also be upgraded in tandem. "Making trust visible and verifiable remains a cornerstone of Bitget's commitment to long-termism." On the security front, account-level protections cover 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while platform security mechanisms integrate withdrawal protection, anomaly detection, and anti-fraud systems, providing backend safeguards for every user interaction. The Market Order & Token Responsibility Framework introduced this year further strengthens continuous monitoring and risk management of listed assets, project teams, and market makers. By continuously optimizing mechanisms and enhancing transparency, it maintains a fair and orderly trading environment. From a compliance perspective, Bitget has secured corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and holds

Related news

The ENS DAO has launched an ENSv2 activation proposal, currently receiving approximately 619,000 affirmative votes, which has not yet reached the 1 million vote quorum.

The proposal page on the ENS DAO governance platform Tally/Blockful shows that the "Activate ENSv2" proposal submitted by nick.eth is currently voting and will close on October 25 at 13:32. Currently, there are approximately 619,000 yes votes (100%), 25 no votes, and 0 abstentions. Quorum progress stands at 619.42K / 1M. Upon approval and execution, the DAO will freeze new .eth registrations on ENSv1 through a single atomic transaction consisting of 15 calls, and transfer ownership of the v1 BaseRegistrar to the renewal-only ETHRenewerV1 contract. Simultaneously, the proposal will direct the .eth resolver to the ENSV2Resolver and update the Universal Resolver proxy to point to an intermediate proxy managed by the Security Council. Subsequently, ENS Labs will complete the final pre-migration synchronization and open registration via the v2 ETHRegistrar. The team will also switch to v2 resolution and transfer all retained v2 administrative privileges to the DAO timelock. An interval of several hours is anticipated between the proposal's execution and the full v2 launch. During this window, new name registrations will be disabled on both v1 and v2, while other name management operations will continue as usual and renewals will remain functional.

Jack Henry expands partnership with Google Cloud to provide tokenized deposit services to banks and credit unions.

As reported by PR Newswire, fintech company Jack Henry (Nasdaq: JKHY) has announced an expansion of its partnership with Google Cloud, with plans to provide tokenized deposit services for banks and credit unions through the Google Cloud Universal Ledger (GCUL). Jack Henry will be the first core banking technology provider integrated into GCUL. GCUL is a fully managed distributed ledger service that enables financial institutions to tokenize and transfer funds and assets on a single real-time ledger, while also supporting programmable round-the-clock settlement. According to the announcement, this integration primarily targets community and regional financial institutions, with use cases including deposit retention, providing 24/7/365 instant payments and automated programmable workflows, and improving capital efficiency through automated clearing and multilateral netting without tying up liquidity or requiring upfront funding.

Bitget Now Supports 3,000+ rToken US Stock Transfers, with a $1 Million SpaceX Stock Reward Pool Launching Simultaneously

Odaily News: Bitget has officially launched its rToken US stock transfer feature, currently supporting 3,000+ US stocks and ETFs. Users can transfer eligible stock assets from traditional brokerage accounts to Bitget, and upon arrival, the stocks will be automatically converted into spot US stock rTokens based on the corresponding share quantity. Bitget charges no fees throughout the entire transfer process.After transfer, the rTokens can be directly integrated into Bitget's Universal Exchange (UEX) ecosystem, where they can be used for wealth management, lending, margin, and other yield-generating products, enhancing the capital efficiency and use cases of stock assets. To coincide with the feature launch, Bitget has simultaneously introduced a reward campaign featuring a total of $1 million in SpaceX stock tokens (rSPCX). Users can earn corresponding SpaceX stock rewards based on their transfer amounts, with rewards distributed on a first-come, first-served basis. Users can select the stocks and quantities they wish to transfer on the US stock transfer page and use the in-page reward calculator to view the estimated transfer amount and corresponding campaign rewards.Bitget CEO Gracy Chen stated: "This feature is designed to help investors consolidate stock assets scattered across different brokerages into a unified ecosystem without selling their existing holdings, enabling flexible allocation across asset classes."

Bitget Wins "Best Multi-Asset Technology Platform" Award at iFX EXPO Asia

Recently, Bitget was awarded the "Best Multi-Asset Technology Platform" honor by iFX EXPO Asia. This award recognizes the comprehensive performance of trading platforms in technical capabilities, multi-asset product offerings, and user experience, further highlighting Bitget's sustained investment in multi-asset trading infrastructure. Bitget CEO Gracy Chen stated that Bitget will continue to advance its Universal Exchange (UEX) strategy, breaking down barriers between different asset categories through technology and product innovation, allowing users to more efficiently connect diverse assets and global market opportunities within a unified trading system.

US-listed company Universal Safety has been renamed DeFi Capital Markets, with its ticker symbol changed to DCM.

According to PR Newswire, U.S. publicly traded company Universal Safety Products (UUU) announced it will be renamed DeFi Capital Markets on October 19 and will trade under the new ticker symbol "DCM". Moving forward, the company will gradually phase out its existing product business and shift its focus to asset tokenization, digital assets, market making, quantitative trading, and blockchain financial markets.

Vitalik Unveils 2030 Vision: Reshaping Ethereum Into a Universal Computing Layer

Ethereum founder Vitalik Buterin has proposed the "Lean Ethereum" roadmap, planning to achieve 1,000x scaling through over three years of protocol restructuring and to evolve toward privacy and quantum security.