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"White-haired Stock God" Serenity posted on platform X that a piece of information in Oracle's (ORCL) financial report is favorable for Nebius (NBIS) and IREN (IREN). Oracle stated that all renewed GPU computing power has been resold, with prices increasing by 20% compared to previous contracts, and most related equipment has been used for over 4 years. Serenity believes that this situation once again counters "Big Short" Michael Burry's argument about the rapid depreciation of GPUs, while also benefiting Nvidia (NVDA) and the Neocloud computing sector.

Token Terminal data shows that the daily trading volume of tokenized stocks on Base has surpassed 100 million USD for the first time, setting a historical high.The cumulative trading volume over the past 30 days is approximately 730.9 million USD, with Aerodrome contributing about 557.1 million USD, accounting for approximately 76%.

According to Ledger Insights, the European Securities and Markets Authority (ESMA) recently published the "Trends, Risks, and Vulnerabilities Report for the First Half of 2026," in which digital assets and prediction markets occupy three chapters. Regarding crypto assets, the report warns that the increasing ties between cryptocurrencies and the traditional financial sector pose risks. Concerning tokenization, the report points out that issuing different tokenized versions of the same stock may lead to fragmented liquidity.As for prediction markets, the report believes that prediction markets have not yet seen significant development in Europe. This is because major platforms do not yet hold EU licenses, and in most cases, they need to obtain licenses. The European Securities and Markets Authority (ESMA) outlines some potential advantages of tokenization, including increased efficiency, expanded investor access, programmability, and atomic settlement. On the other hand, ESMA also questions how much these advantages are actually realized within these encapsulated structures.Since the ownership of the underlying stocks is off-chain, there is no single data source on-chain, and self-custody can only be achieved indirectly through these structures. Tokenization structures also introduce additional layers of intermediaries, leading to complexity and risk. The settlement advantages are also difficult to realize. Even if token transfers occur on-chain, the cash portion of the transaction is usually settled separately, whether through bank payments or other channels. This means that for certain transactions, the promised atomic settlement (i.e., simultaneous delivery of securities and cash) has not yet been achieved.

The main securities exchange in South Korea will trial evening trading next Monday, extending the trading hours for almost all local stocks until 8 PM, up from the regular closing time of 3:30 PM.This adjustment is the first of its kind among major exchanges in Asia and is a step towards the Korea Exchange's goal of achieving 24-hour trading by December 2027. The new trading period will test whether the market can maintain sufficient liquidity after the extended trading hours and whether there is actual demand from investors for additional trading periods.Lee Young-jae, a senior investment manager at London-based Baillie Gifford, stated that a longer trading window can enhance investor flexibility and may attract more trading-oriented investors with higher turnover rates, as well as hedge fund participation. Edward Kim, head of Korean equity sales at Bank of America, noted that this is another step in the continuous development of South Korea's capital markets and enhancing accessibility for global investors.

In the RWA on-chain market, the scale of tokenized gold is 5.1 billion dollars, accounting for 11%. Among them, XAUT has a scale of 2.7 billion dollars, PAXG is 1.9 billion dollars, followed by KAU at 230.8 million dollars, PGOLD at 85.1 million dollars, and XAUM at 66.1 million dollars.

According to Token Terminal data, the number of tokenized stock asset holders has increased by 619.1% over the past 90 days to 3.6 million. BNB Chain leads with 1.5 million, followed closely by Robinhood Chain with 1.2 million, and Solana with 647,500.Token Terminal indicates that distribution channels are rapidly becoming a key battleground for tokenized stocks.

The Office of the Superintendent of Financial Institutions (OSFI) in Canada stated on Thursday that tokenized deposits are legally indistinguishable from traditional deposits, and noted that the underlying technology used in financial products or services does not determine their legal nature.OSFI indicated that financial institutions can conduct tokenized deposit business under existing financial regulatory laws without the need to establish additional regulatory provisions. Financial institutions and third parties acting on their behalf must ensure that their operations comply with applicable laws and regulations. OSFI requires financial institutions to communicate in advance with the OSFI supervisor responsible for regulation before launching new products or services, and recommends seeking legal advice prior to going live. The agency oversees nearly 350 financial institutions and 1,200 pension plans.

The wealthiest state in India, Maharashtra, is formulating policies to tokenize state government assets (including power transmission infrastructure), with the funds raised to be used for constructing new transmission lines and energy storage facilities. The Chief Minister's Chief Economic Advisor and CEO of the Maharashtra Transformation Institute (MITRA), Praveen Pardeshi, introduced this plan at an invitation-only event called "The Box Launch," hosted by the real estate tokenization company RealX and MST Blockchain at the Mumbai World Trade Center.Pardeshi stated that transmission lines could be partially tokenized, for example, 40% to 50%, allowing investors holding tokens to receive a portion of the revenue from Maharashtra Transco. The new funds generated from token sales could be used to build more transmission lines and solar energy storage centers. He pointed out that the state currently has a significant surplus of solar power but lacks the grid capacity to deliver it to where it is needed; distribution companies must pay high prices of 16 to 18 rupees per unit during peak hours, while the price during surplus periods on the power exchange is only 2 paise per unit.He also illustrated the practice of real estate tokenization with the example of the Mumbai Express Towers commercial building tokenized under a REIT structure, emphasizing that tokenization does not equate to privatization but rather allows more citizens to participate in the development activities of public asset creation. Additionally, the state is drafting the Maharashtra Digital and Land Token Asset Trading Act (DELTA Act), which, if passed, will make it the first state in India to legislate for blockchain-based property tokenization.

The Securities and Exchange Board of India (SEBI) announced on Thursday that three issuers raised a total of 102.5 million rupees (approximately 10.72 million USD) through its Demat 2 pilot program by issuing tokenized corporate bonds. This pilot utilizes distributed ledger technology to issue, hold, and settle corporate bonds.REC Ltd. was the first to issue on September 7, raising 50 million rupees (approximately 5.23 million USD) from 18 investors; L&T Ltd. raised a similar amount from 4 investors on September 9, and IIFL raised 25 million rupees (approximately 2.6 million USD) from 1 investor on the same day. SEBI stated that the pilot infrastructure records corporate bonds in the form of native digital tokens on a distributed ledger owned by the depository and achieves atomic settlement of bonds and funds through a unified market interface connected to the Reserve Bank of India’s wholesale central bank digital currency.This mechanism can reduce settlement risks arising from the separation of securities and funds transfer, allowing issuers to receive funds on the same day as the bidding, whereas the existing process typically takes two to three days. The regulator noted that the information of bondholders on the shared ledger is instantly visible to all authorized entities, and at maturity, e₹ payments will go directly into the bondholders' central bank digital currency wallets. SEBI clarified that this pilot does not create a new category of corporate bonds; tokenized bonds retain the same ISIN, issuer obligations, coupon, maturity, covenants, ratings, and investor rights as traditional paperless bonds. The pilot will be implemented in three phases, with the first phase covering institutional issuance, while secondary trading and retail access will be conducted in subsequent phases within SEBI's regulatory sandbox.

According to Token Terminal data, the tokenized U.S. Treasury product USYC (under Circle) has increased its market value by 2 billion dollars in the past year, ranking first among similar assets; iBENJI and USDY follow closely, with increases of 1.7 billion dollars and 1.5 billion dollars, respectively. BlackRock's BUIDL grew by 552.5 million dollars during the same period, ranking fifth.

The Securities and Exchange Board of India (SEBI) launched the Demat 2 pilot this week, issuing corporate bonds in the form of digital tokens on a distributed ledger operated by regulated market institutions, and settling through the wholesale digital rupee of the Reserve Bank of India. The size of India's corporate bond market is approximately $620 billion.The state-owned power financing institution REC raised ₹50 billion (approximately $56 million) through this system, engineering and construction giant Larsen & Toubro refinanced ₹50 billion, and non-banking financial institution IIFL Finance raised ₹2.5 billion (approximately $2.8 million), totaling around ₹102.5 billion. The bonds retain fixed interest rates, maturity dates, and investor rights, but the tokenized bonds can be settled simultaneously with the digital rupees used for purchase, thereby reducing transaction risk.Subsequent phases will introduce smart contracts to handle corporate actions such as interest payments and redemptions, and there are plans to open secondary market trading, ultimately allowing retail investors to participate. India maintains a cautious attitude towards private cryptocurrencies, and this pilot is an attempt to introduce tokenization into its controlled financial system.

According to a statement released by the Office of the Superintendent of Financial Institutions (OSFI) in Canada, OSFI clarifies its technology-neutral stance, stating that tokenized and other digital deposits are legally indistinguishable from traditional deposits, and the underlying technology of financial products or services does not determine their legal nature.OSFI requires financial institutions to ensure that innovative activities (including activities carried out by third parties on their behalf) comply with relevant laws and regulations, and must adhere to guidelines such as B-13 Technology and Cyber Risk Management and B-10 Third Party Risk Management. Financial institutions must communicate with OSFI supervisors in advance before launching any new products or services and seek legal advice when necessary.

Centrifuge, in a post on X, announced that the governance proposal CP172 has been approved. The official statement indicates that this is the first time in history that tokens will be converted into tokenized equity. After necessary approvals and legal analysis are completed, Centrifuge will proceed with the proposed restructuring.According to the governance forum proposal, the Centrifuge Network Foundation plans to restructure and re-register as a Cayman Islands exempt limited liability company, Centrifuge, Inc., to issue equity. Eligible CFG token holders can exchange 1 CFG for 1 share of tokenized equity through the Centrifuge platform, with no additional fees. Qualified holders with 100,000 CFG or more will be directly registered as shareholders, while those with less than 100,000 will participate through a trust structure in collaboration with CoinList.The conversion is voluntary, and non-participating holders can continue to hold or sell their tokens on the open market. Centrifuge will strive to maintain market liquidity during the conversion period. The proposal is legally guided by Ogier, with advisory support from Galaxy Digital Labs LLC and The Tokenized Asset Coalition.

According to CoinDesk, the SEC's proposed new regulatory plan may address the legal and compliance pain points in the holding and trading process of tokenized securities markets by offering compliance exemptions or regulatory sandbox mechanisms.

NVIDIA CEO Jensen Huang responded to external doubts regarding its involvement in financing arrangements for data center and AI infrastructure projects at the Goldman Sachs conference. Huang stated that these investments are a "very smart strategy" aimed at promoting the market application of NVIDIA's technology architecture, rather than just a simple capital cycle.

Valinor Digital announced the launch of the tokenized fund Valinor BDC Exposure Fund (VBDC), which holds a basket of publicly listed Business Development Company (BDC) stocks, providing qualified investors with exposure to private credit returns, supporting daily subscriptions and redemptions. The fund is issued as a series of the Superstate Asset Trust, custodied on Superstate's FundOS platform, and managed by Valinor Digital Capital.VBDC charges an additional 1.25% management fee on top of the existing BDC fee structure, with a daily redemption limit of 7.5% of net asset value. Currently, 499,157 shares of the fund have not been tokenized, and the VBDC token contract went live on Ethereum on September 1, with a total supply of zero and no transfer records. The Superstate asset page has marked the DeFi integration as "coming soon."VBDC is the fourth tokenized fund on the Superstate platform, pushing the total assets on the platform beyond $1 billion. Valinor was founded by former Blackstone GSO executive Connor Dougherty at the end of 2023 and completed a $25 million seed round led by Castle Island Ventures in March of this year, with participation from Apollo, Maven 11, and Neoclassic Capital.

According to CoinDesk, London challenger bank Monument Bank has postponed its £250 million (approximately $330 million) project to tokenize UK retail bank deposits for several months, as the bank has been unable to find a local crypto custodian that meets the Financial Conduct Authority (FCA) standards and can handle zero-knowledge privacy proofs.Mintoo Bhandari, founder of Monument Bank, stated that the bank originally planned to tokenize customer deposits on the privacy public chain Midnight, hoping to launch the world's first tokenized deposits two months ago, but it is now expected to take another two months, with a retail customer launch in November. To meet regulatory requirements, the bank expanded its search for custodial partners to overseas, ultimately finding a Canadian custodian approved by the FCA.Midnight is a privacy-first Layer 1 blockchain project funded by Charles Hoskinson, which keeps customer information within the Monument system through zero-knowledge proofs while allowing the bank to prove compliance on-chain and provide audit records to regulators. Monument Bank announced the project in March this year, planning to offer tokenized private equity, structured products, and automated Lombard loans to "mass affluent" customers with investable assets ranging from £50,000 to £5 million.Bhandari stated that customer deposits will continue to earn interest, fully backed by Monument, and can be exchanged at a 1:1 ratio for pounds, protected by the Financial Services Compensation Scheme (FSCS), with a limit of £120,000 per person or company.

According to CoinDesk, European financial and cryptocurrency industry organizations have written to the EU Council and the European Parliament, urging lawmakers to remove the cap on the scale of tokenized securities platforms or set it at least at €1.5 trillion (approximately $1.74 trillion), arguing that the €100 billion cap proposed by the European Commission will hinder industry development. Signatories include the French Digital Asset Association Adan, Crypto Council for Innovation, the European Ethereum Institute, as well as companies like Nasdaq and Boerse Stuttgart.The EU's distributed ledger pilot regime allows operators to test the trading and settlement of tokenized stocks, bonds, and investment funds while exempting some existing financial rules. After observing "moderate" participation, the European Commission proposed to expand the pilot framework and raise the current €6 billion cap to €100 billion. Adan stated that considering the development of the global market, this increase is still insufficient, and their preferred option is to completely remove the cap or at least set it to €1.5 trillion, which is 15 times the proposed cap.The joint letter pointed out that some existing European projects have reached a scale of €350 billion and plan to grow further, but did not disclose specific projects or calculation methods. The letter also emphasized that the relevant threshold targets the market capitalization of admitted securities rather than trading volume and opposed giving central securities depositories a significantly higher differentiated cap than other blockchain market operators, arguing that this would be detrimental to emerging service providers.The alliance also compared the restrictive measures in Europe with an unnamed mainstream settlement platform in the United States, which can tokenize assets like stocks without a trading volume cap; if the cap is retained, the alliance hopes the Commission can flexibly raise it as the market grows, without presetting a maximum limit.

Anthropic has provided access to its Mythos artificial intelligence model to the EU cybersecurity agency ENISA, more than three months after it first indicated it would grant access to the EU.European Commission spokesperson Thomas Regnier stated in an email: After constructive engagement with Anthropic, we can confirm that the EU cybersecurity agency ENISA has gained access to Mythos 5, which is currently under testing.