token

Canton Strategic Holdings, a Nasdaq-listed company, announced plans to tokenize its common stock on the Canton Network, with trading set to begin as early as November 2. The company, formerly a biotechnology firm Tharimmune, is collaborating with the tokenized securities trading venue TSV LLC and the transfer agent Fairmint, registered with the U.S. Securities and Exchange Commission (SEC), to put its shares on the blockchain. The tokenized stock will enjoy the same shareholder rights as Nasdaq-listed stocks.The stock ticker is CNTN, and according to Yahoo Finance data, its average daily trading volume is approximately 757,704 shares, with the latest stock price around $2.13, up over 4.5% on the day, giving it a market capitalization of about $170 million. The tokenized stock will be traded around the clock through automated market makers and will settle instantly on the Canton Network, with Fairmint responsible for maintaining ownership records and overseeing compliance with share transfer requirements.This plan follows the SEC's introduction of an innovative exemption mechanism in September, which related companies claim provides a regulatory pathway for trading tokenized U.S. stocks on domestic platforms. Canton Strategic Holdings transitioned into the digital asset space in November 2025, raising $545 million to develop its business around Canton Coin, and rebranded in February of this year. It currently holds the token, participates in the operation of the Canton Network, and invests in ecological projects. The company is not the developer of the Canton Network, Digital Asset, but has connections through investments and participation in network governance with the Canton Foundation.

The Stellar Development Foundation (SDF) announced a strategic investment in the Asia-Pacific digital market infrastructure operator Marketnode to expand the channels for institutional investors to access tokenized real-world financial assets through the Stellar network.Marketnode is supported by Euroclear, HSBC, Singapore Exchange Group, and Temasek, with operations covering the issuance, distribution, and servicing of funds, credit, and structured products, connecting asset management institutions, issuers, distributors, and qualified investors.

The Bank of England has launched a consultation on how central counterparties (CCPs) can accept digital forms of eligible collateral, stating that current rules allow for such arrangements provided that the relevant assets meet clearing standards. The draft regulatory statement released by the bank will clarify the matters that CCPs must specify when submitting applications under the existing approval process, covering collateral that has been accepted as well as types that meet the criteria under the proposed UK CCP rulebook but have not yet been used in practice. The Bank of England emphasized that this statement will not create new regulatory obligations.The Bank of England pointed out that tokenized collateral must always be capable of being valued, transferred, and liquidated, including under stress scenarios; the improvement in cross-border transfer speed helps institutions meet margin calls in a timely manner. Sarah Breeden, the Deputy Governor responsible for financial stability, stated that this consultation reflects the bank's goal of promoting innovation in financial market infrastructure while maintaining financial stability, and is part of a broader agenda by regulators and the industry to promote the responsible application of tokenization in financial markets.The consultation document will close for feedback on February 12, 2027, and the Bank of England plans to subsequently publish a policy response and related rules.

BNB Chain announced the winners of the BNB Hack tokenized stock-themed hackathon. Moi, 4lpha, Redeye, TARE, and Firstshare took the top five spots, with main track prizes of $6000, $4000, $3000, $2000, and $1000 respectively.4lpha won the Best Application Award for Agentic Wallet / Wallet Skills, and Firstshare won the Best Application Award for BNB Agent Studio, each receiving a prize of $2000, with a total prize pool of $20,000.

Uniswap posted on platform X, stating that applications that charge fees will earn revenue in the tokens used by users for transactions, but most applications only wish to receive one type of token, such as stablecoins, ETH, or the project's own token. Through TJAR, any team can achieve this.

According to on-chain detective ZachXBT, insiders at Axis Robotics (AXIS) obtained over 76 million AXIS tokens (worth over 12 million USD) from a multi-signature wallet, then sold them off via DEX and transferred some tokens to Bitget exchange. As a result, the AXIS price plummeted by 40% in the past 24 hours.One of the insiders sold 42 million AXIS tokens and currently holds over 5.04 million USDC across their 8 wallet addresses.

The environmental data network Nubila Network posted on X, announcing the token NB unlocking arrangement. The project stated that NB was launched about a year ago and currently has over 20,000 weather stations covering more than 120 countries. The one-year lock-up for investors and advisors will end this week, and the project will not adopt a monthly unlocking schedule over several years, but will release its allocation amount in one go at 01:00 (UTC) on October 31, amounting to 16.25% of the total supply, after which there will be no further unlocking for investors or advisors.The official statement also mentioned that the core team's originally scheduled unlocking shares for this month will be locked for another year, and the core team tokens will not be unlocked before October 31, 2027. The total supply remains at 1 billion NB, and no new tokens will be issued, with mining rewards continuing as usual. After the release is completed, the project will update the circulating supply on CoinMarketCap. The official reminded holders that no action is required on their part and stated that they will not proactively contact users through private messages.

According to Binance spot market data, the market is showing a divergence between bulls and bears. SYRUP increased by 5.06%, and Niulai increased by 5.25%, while also showing a rebound from the bottom.On the other hand, DJTB hit a new low for today, with a decrease of 7.65%, and 0G also hit a new low for today, with a decrease of 10.48%. RDDTB reached a new low for this week, with a decrease of 11.63%.Among the other tokens, INIT increased by 3.14%, while also showing a small increase over 5 minutes. AVA, STX, and BLUR also showed a rebound from the bottom, with increases of 5.92%, 6.01%, and 6.21%, respectively.

According to Reuters, the London Metal Exchange (LME), a subsidiary of the Hong Kong Stock Exchange, is exploring the tokenization of metal inventories stored in Hong Kong warehouses, making them digital assets that can be used for loan collateral and other financing activities, in line with Hong Kong's strategy to develop an international commodity trading center. LME confirmed that it is currently in the early stages of exploring the tokenization of metal inventories that have not been issued warehouse receipts.Unlike warehouse metal that already has standardized financing mechanisms, this type of inventory currently lacks mature financing channels. Insiders revealed that LME plans to hold a closed-door industry roundtable meeting in early November to discuss the plan. The Hong Kong Stock Exchange is also testing carbon credit tokenization to achieve near real-time trade settlement.

Recently, in response to user information leaks and supply chain security risks in the hardware wallet industry, KeyPal, a hardware wallet brand under TokenPocket, announced further enhancements to user privacy protection and data security management mechanisms.KeyPal stated that it has not found any security breaches in its system or customer data leaks; this adjustment is a proactive preventive measure based on changes in industry risks.According to the latest plan, KeyPal aims to delete or anonymize unnecessary customer personal information within 15 days after order completion for orders that have confirmed receipt, completed fulfillment, and have no after-sales disputes or other legitimate retention requirements. The security of hardware wallets not only involves private key protection and transaction signing but also includes the protection of personal information generated during the purchase, delivery, and after-sales service processes.

According to the token unlocking data from the crypto asset data platform RootData, Ethena (ENA) will unlock approximately 93.75 million tokens at 0:00 Beijing time on November 5, worth about 18.37 million USD.

Decentralized exchange UXUY announced the launch of the stock tokenization service platform uStock, primarily targeting small and medium-sized listed companies in the US and Hong Kong stock markets. The platform plans to provide share issuance, on-chain investor distribution, and post-issuance liquidity services, connecting listed companies with global on-chain investors, using stablecoins such as UUSD as tools for subscription, pricing, and settlement.According to the proposed product mechanism, each uToken corresponds to the economic rights of one share of the underlying stock, covering price changes, cash dividends, and corporate actions such as stock splits and mergers. The underlying stocks are intended to be custodied by licensed brokerages, trusts, and other institutions, isolated through independent asset holding entities. The platform plans to disclose stock custody, token issuance, and asset coverage through a Proof of Underlying asset verification mechanism.uStock will establish an initial liquidity pool for uToken/UUSD using part of the raised funds according to the issuance documents and will introduce on-chain market makers. As the spot market and infrastructure advance, the platform intends to gradually support round-the-clock on-chain trading and explore integration with UXUY's self-developed Perp DEX to expand on-chain perpetual contract trading for corresponding uToken assets.UXUY founder 0xKevin stated, "We are bringing stablecoins into more real asset scenarios, allowing US and Hong Kong listed companies to connect with global investors and capital. In the future, we will continuously improve issuance, trading, and liquidity services around real stock rights, establishing a more long-term connection between corporate growth and global on-chain capital."

The Tencent Global Digital Ecosystem Conference was held in Shenzhen. Tang Daosheng, Senior Executive Vice President of Tencent Group and CEO of the Cloud and Smart Industries Group, stated in his keynote speech that, according to data from relevant national departments, the daily Token call volume in China has increased from 100 billion at the beginning of 2024 to over 500 trillion in July of this year, a growth of over 5,000 times in two years.Tang Daosheng believes that behind this data is the rapid development of AI applications, with AI becoming a new productive force. Represented by Tencent's AI intelligent entity Workbuddy, related applications are not only used for daily document collaboration but are also being implemented in professional fields such as business analysis, business operations, market research, and marketing planning and execution. He stated that using AI intelligent entities to improve efficiency has become a necessary option for employees, and companies also need to make more accurate decisions and execute faster with AI to strengthen market competitiveness; otherwise, they will fall behind.

According to on-chain researcher Spreek, the DeFi lending protocol Hifi Finance is suspected of experiencing a DAO governance attack. An address funded by Tornado Cash cast 4 votes just before the governance vote was about to end, taking control of the protocol's governance.This address subsequently minted 25 million HIFI tokens and transferred all user collateral assets within the protocol, valued at approximately 1 million dollars, most of which were RWA tokens.

Y Combinator, a startup incubator, released a report on the direction of cryptocurrency startups, focusing on stablecoins, asset tokenization, and AI Agents. The report states that over the past year, cryptocurrency applications have been led by institutions rather than consumers for the first time, with the main driving force shifting from speculation to actual financial needs such as hedging oil price risks and cross-border capital transfers for businesses.The report predicts that stablecoins, as well as assets like stocks, debts, commodities, and property rights, will be further tokenized. New types of assets, such as equity in startups and small securities valued under $10,000, will also be issued via blockchain, promoting financial services like trading, lending, and derivatives. AI Agents will become one of the main participants in financial activities.In the next six months, the report focuses on using blockchain to finance the AI industry, new types of dollar stablecoins and non-dollar stablecoins targeting niche markets, new banks based on stablecoins, tokenization of real-world assets, new trading platforms and trading interfaces, as well as AI Agent trading and related API infrastructure. The text mentions that blockchain technology and stablecoins may pose a threat to traditional stock exchanges and banking systems.

The DeFi lending protocol Kamino announced the launch of a USDC loan service using Backpack tokenized stocks as collateral. Borrowers can receive up to 40% of the collateral's value.The market will maintain its last stock price outside of U.S. trading hours, which means that during U.S. stock market closures, the collateral valuation of the tokenized stocks will be based on their last transaction price, allowing borrowers to continue lending operations during non-trading hours.

According to the official announcement, Robinhood Chain has added 8 new stock tokens, namely JP Morgan, Visa, PayPal, BMNR, McDonald's, Disney, Uber, and VanEck Gold Miners ETF.