Odaily News: Ondo Finance has announced the launch of the Ondo Private Markets platform, aimed at bringing the economic returns of industry-leading private companies onchain through tokenized notes.

Ondo Private Markets provides investment exposure through tokenized notes, with each token's returns tied to the per-share value of the underlying company's common stock in a qualifying liquidity event (such as an IPO or other exit event). The tokens are freely transferable and can be composable with the onchain DeFi ecosystem.

Ondo Finance stated that a large number of high-growth companies in the United States remain private, leaving ordinary investors unable to participate in these companies' early-stage value growth for a long time. Data shows that approximately 87% of U.S. companies with revenue exceeding $100 million are still privately held, while traditional private market investment opportunities are mainly concentrated among institutional investors and venture capital firms. (prnewswire)

Odaily reports: Eduardo Antuña, a core contributor to Ethereum Economic Zone (EEZ), posted on X that the Ethereum mainnet has successfully executed its first atomic cross-chain transaction from L1 to L2, marking the official deployment of atomic synchronous composability on the mainnet, no longer remaining at the theoretical stage. Eduardo Antuña noted that this is only the starting point for EEZ's efforts to promote synchronous cross-layer interaction and liquidity unification on Ethereum.

Odaily reports that, according to Onchain Lens monitoring, Amber Group received 4.669 million ENA from Ethena, valued at $1.14 million.

Odaily News: Nonprofit financial reform advocacy group Better Markets stated that the Commodity Futures Trading Commission (CFTC)'s plan to bring certain cryptocurrency trading and exchanges under its regulatory purview could give retail investors weaker protections than those under the Securities and Exchange Commission (SEC). The CFTC has solicited public comments on a framework for margin, leverage, or financing in retail crypto trading.

Benjamin Schiffrin, Director of Securities Policy at Better Markets, noted that the CFTC lacks an investor protection mandate, and its statutory authority was originally designed to address fraud in leveraged precious metals trading, which does not justify making it the primary regulator of retail crypto trading. He also said the proposed framework could allow the kind of interrelated market participants that were seen as contributing to FTX's collapse.

After the CLARITY Act stalled in Congress, the CFTC and SEC have continued to advance crypto policy under existing law. The CFTC plans to establish a new federal category to bring qualifying crypto trading platforms directly under regulation; the SEC, meanwhile, has proposed relaxing certain investment adviser custody rules, allowing limited tokenized trading of U.S. equities, and issuing new guidance on how securities laws apply to crypto assets. (Cointelegraph)

Odaily News: According to people familiar with the matter, SoftBank-backed DayOne Data Centers plans to raise up to $5 billion in a US initial public offering (IPO), and DayOne plans to list American Depositary Shares (ADS) on Nasdaq by the end of this year at the latest. The company submitted its IPO prospectus to the US Securities and Exchange Commission (SEC) on Monday. According to the filing submitted to the SEC, DayOne is headquartered in Singapore, and its revenue in the first half of this year more than tripled year-over-year to $512 million; its net loss widened from $13.5 million to $81.9 million over the same period.

According to Odaily, Onchain Lens posted on X platform that a Polymarket trader bet on Sweden to win on October 5, choosing "Yes," and made a profit of $1.16 million, with an ROI of 84%. The account was created only 1 day ago, with a trading volume of $5.2 million and a win rate of 100% (1/1).

Odaily reports that Pons stated on X platform that the PONS token burn mechanism continues to advance, with 32% of the total PONS supply now burned. According to Pons, 80% of its platform revenue will be used to accumulate PONS tokens to support the token value capture mechanism.

According to Lookonchain monitoring, an address spent $1.22 million to buy 30.65 million MEME over the past month, becoming the largest MEME holder. Currently, this address is down $708,000, a loss of 58%, and was still buying 10 hours ago.

1. Ethereum spot ETFs saw a total net inflow of $111 million yesterday, with only BlackRock's ETHA recording net inflows;

2. Bitcoin spot ETFs saw a total net outflow of $89.8978 million yesterday, with only BlackRock's IBIT recording net inflows;

3. LayerZero purchased over 162,000 more ZRO tokens, worth approximately $347,000;

4. Analyst: Bitcoin bull market signals remain strong, but the last piece of the puzzle—spot buying pressure—is still missing;

5. Bridgewater founder Ray Dalio says the U.S. debt crisis could erupt within 3 years;

6. Yi Lihua: Strongly recommends exchanges make project credibility a key evaluation metric;

7. Moonshot AI completes pre-IPO funding, latest valuation at approximately $50 billion;

8. "AI Stock God" Leopold's 4 options including Micron all expired in-the-money, earning approximately $45.6 million in two weeks;

9. Lighter repurchased nearly 600,000 LIT in September, with total buybacks now accounting for 7.26% of circulating supply;

10. OKX Star: OKX is transitioning from a crypto exchange to a global fintech platform.

Odaily News: DeepSeek is nearing the completion of a new funding round, with the scale expected to reach at least 80 billion yuan (approximately $12 billion), significantly exceeding the company's previous fundraising target of about 50 billion yuan. Sources familiar with the matter revealed that Tencent Holdings and CATL have committed to contributing larger amounts in this funding round, and the related financing transaction is expected to be completed soon. Due to a significant increase in market demand and investment interest following the release of DeepSeek's latest AI model, this funding round has exceeded expectations, with the final amount potentially approaching 100 billion yuan.

Previously, DeepSeek sought to raise approximately 50 billion yuan, but investor interest in its AI technological progress drove the funding scale to expand further. DeepSeek had already attracted attention from institutions including Tencent and CATL, and has been using financing to expand computing infrastructure, AI model research and development, and team building. Bloomberg Línea

According to reports, DeepSeek plans to conduct an initial public offering (IPO) in early 2027, and this large-scale fundraising will provide financial support for its pre-listing development. DeepSeek has gained global attention with its low-cost, high-performance AI models, and is currently increasing investment in next-generation AI technology and computing resources. (Bloomberg)

Odaily: U.S. Treasuries have recently come under selling pressure, with yields rising to multi-decade highs. Citadel Securities believes the core driver of this move is not worsening inflation expectations, but rather stronger U.S. economic growth, alongside fiscal spending and artificial intelligence investment that are together pushing up demand for capital.

Nohshad Shah, Citadel Securities' head of fixed income sales for Europe, the Middle East and Africa, said in a note to clients on Monday that the rise in the U.S. 10-year Treasury yield in September came almost entirely from real yields, while inflation expectations remained relatively stable. Real yields refer to bond returns after adjusting for inflation. Shah argues that higher real yields reflect a U.S. economy supported by fiscal easing, loose financial conditions, and large-scale artificial intelligence investment.

For the Treasury market, this assessment means that rising yields are not necessarily just an inflation story. As long as the U.S. economy continues to show resilience, while government deficits and artificial intelligence investment remain at elevated levels, investors may demand higher real returns to provide funding, and Treasury yields will therefore face further repricing pressure.

Odaily News: According to an official announcement, Binance will distribute dividends for Marvell Technology (MRVL) and Oracle Corporation (ORCL) to users holding MRVLB and ORCLB balances through bStocks. After deducting applicable withholding taxes, fees, costs, and other expenses, the net cash dividend will be reinvested into additional units or fractional shares of the same underlying securities. Eligible users will receive dividends in the form of MRVLB and ORCLB stock tokens. Users holding MRVLB and ORCLB balances on-chain will receive bStocks dividends through a multiplier adjustment.

According to an official announcement, Binance will distribute dividends for Marvell Technology (MRVL) and Oracle Corporation (ORCL) via bStocks to users holding MRVLB and ORCLB balances. After deducting applicable withholding taxes, fees, costs, and other expenses, the net cash dividend will be reinvested as additional units or fractional shares of the same underlying securities. Eligible users will receive dividends in the form of MRVLB and ORCLB stock tokens. Users holding MRVLB and ORCLB balances on-chain will receive bStocks dividends through a multiplier adjustment mechanism.

Odaily News: Polymarket has filed a lawsuit in a Dutch court seeking to overturn a ban imposed by the Dutch gambling regulator on its prediction market. The company argues that its event contracts are derivatives and should be regulated by the Dutch Authority for the Financial Markets (AFM), rather than the Dutch Gaming Authority (KSA).

On January 20, the KSA ordered Polymarket to cease providing services to Dutch users within four weeks or face weekly fines of €420,000, up to a maximum of €840,000. The KSA stated that inspectors had registered an account through a Dutch IP address, topped up €10 using a Dutch bank account, and purchased $1 worth of "Yes" shares in the "Next Dutch Prime Minister" market.

Polymarket said it implemented IP blocking on February 18, but the KSA determined that the measure came one day after the deadline and decided to impose a €420,000 fine. On June 23, the KSA dismissed Polymarket's objection, noting that Dutch law prohibits betting on non-sporting events and that licensed operators are also not permitted to accept cryptocurrency payments. (Bitcoin.com News)

Odaily News: The Ethereum development team completed an emergency software update ahead of the Glamsterdam upgrade test on the Sepolia testnet, fixing an issue that could cause some validators to produce low-capacity blocks. This test will raise the Sepolia network's gas limit from approximately 60 million to 200 million to validate Ethereum's future plans for improving network throughput. Ethereum validator client Prysm released version 7.2.1 on Monday evening. The previous version was released before the relevant Sepolia parameter adjustments, meaning validators who did not manually modify their settings would still operate under the 60 million gas limit; this update will ensure validating nodes participate in the Glamsterdam test as expected.

Odaily News: The Ethereum development team has completed an emergency software update ahead of the Glamsterdam upgrade testing on the Sepolia testnet, fixing an issue that could cause some validators to produce low-capacity blocks. This test will raise the Sepolia network's Gas limit from approximately 60 million to 200 million, validating Ethereum's future efforts to enhance network processing capacity.

Glamsterdam is Ethereum's next major upgrade, and Sepolia, as a testnet, will be the first to deploy the related improvements to simulate the upgrade's effects. Gas is the unit that measures the computational capacity a block can handle on Ethereum. Raising the Gas limit means a single block can accommodate more transactions and more complex on-chain operations, but it also increases the computational burden on node operators.

Ethereum validator client Prysm released version 7.2.1 on Monday evening, adding the 200 million Gas limit configuration. The previous version was released before the relevant Sepolia parameter adjustments, so if validators did not manually modify their settings, they would still operate under the 60 million Gas limit. This update ensures that validating nodes can participate in the Glamsterdam test as expected. (CoinDesk)