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According to The Block, banking giant BNY will adopt the validator infrastructure of staking service provider Figment to support its staking business. Eligible institutional clients can stake assets within the platform through BNY's existing digital asset custody services.Figment stated that BNY's staking clients include asset management companies, ETF issuers, corporations, and wealth management institutions. Qualified clients can earn staking rewards on supported assets on the platform. A Figment spokesperson told The Block that ETH will be supported initially, followed by an expansion to SOL, although no specific launch date has been announced.Ralf Roth, head of BNY's digital asset custody, stated that as institutional participation in staking increases, the focus is shifting from whether staking can be accessed to how staking is delivered. Providing staking services in a trusted custody framework with Figment allows institutions to have more confidence in their participation methods and meets their standards for security, oversight, and accountability.Josh Deems, head of revenue at Figment, stated that Figment is bringing its validator infrastructure and staking experience to BNY's digital asset custody platform, providing institutional clients with another way to participate in staking within existing platforms and service processes.BNY launched its digital asset custody services in October 2022, initially accepting Bitcoin and Ethereum from a limited number of clients. Last month, BNY expanded its custody agreement with Ripple to cover XRP and RLUSD, and plans to allow BNY clients to mint and redeem RLUSD through the bank.Coinbase Prime integrated Figment's Ethereum staking services in early 2024, and when the two announced an expansion to networks such as Solana, Cardano, and Sui in October 2025, they stated that the partnership had facilitated over $2 billion in asset staking. Figment claims it has provided staking services to over 1,500 institutions, including asset management companies, custodians, exchanges, and wallets.

Ethereum founder Vitalik Buterin responded to Ruxandra Teslo on X, stating that he believes AI is extremely knowledgeable and can excellently identify quotes in almost any content, but it is not wise, and therefore can only make the most superficial judgments about the viewpoints a piece of writing attempts to express.Vitalik Buterin noted that this situation is particularly evident when AI analyzes text it reads for the first time, as opposed to analyzing text that already exists in the training data, which comes with a lot of analyses from others. He also mentioned that the knowledge of AI is more easily seen than its limited wisdom, as wisdom may be something that is difficult to verify easily, which is different from intelligence.This reply was directed at Ruxandra Teslo's post. Ruxandra Teslo expressed that the related post made her feel pessimistic about humanity and believed that the discussions of large language models regarding her article are still low-quality content; she was responding to Sichu Lu's statement that AI is better suited than humans to discuss classics at that time.

According to Bloomberg, the French AI business planning software company Pigment announced the completion of a $250 million financing round, with a valuation of $2.3 billion. This round of financing was led by Scaleup Europe Fund, with participation from Nvidia, World Innovation Lab, Iconiq, IVP, and Meritech Capital.CEO Eléonore Crespo stated that the company plans to bring in Asian investors and accelerate its business expansion in Asia. Pigment was founded in 2019 and primarily provides a financial and business planning platform for enterprises, launching intelligent AI features, with its annual recurring revenue (ARR) surpassing $100 million.

Sui co-founder and Chief Product Officer Adeniyi Abiodun wrote in a review: Several years ago, when the team began to build an L1, the venture capital firms and institutions they contacted suggested that they fork EVM to avoid the difficulties of self-development and to quickly launch another version of a similar product before continuing to advance.Abiodun stated that the team rejected this suggestion because they had a clear judgment on the direction of industry development and believed that replicating a flawed design was not advisable. Therefore, Sui was built from scratch, taking on the corresponding risks and time costs. He mentioned that the current trend aligns with the team's initial judgment, and among the batch of application scenarios people hope to build today, Sui is the only viable option, making the next few years very interesting.

AI financial software Fragment announced on Wednesday the completion of a $12 million Series A funding round. This round is set to close in mid-2025, led by FirstMark and BoxGroup. The company's CEO Thomas Neckel did not disclose the post-round valuation.Fragment was founded by Thomas Neckel, with co-founder and CTO being former Robinhood engineer Varun Mohan. Developers can integrate Fragment into their own software, which uses double-entry bookkeeping to verify the sources and uses of funds, confirming account balances before funds move. Neckel stated that the product is a financial building block for automating business activities for agents.The company previously completed a $11 million seed round led by Stripe, with participants including BoxGroup, as well as Uber CEO Dara Khosrowshahi and Plaid CEO Zach Perret. Fragment claims to currently have about 50 to 60 paying customers, including Ramp, BILL, and Whop, for sharing transaction records and reducing manual reconciliation. FirstMark managing partner Adam Nelson stated that the goal is to become the standard toolkit for providing financial capabilities to agents.

Market news shows that Nvidia has invested in Doctolib, GenesisAI, and Pigment.

Cryptocurrency trader Bonk Guy posted that he recently suffered a loss of about $100,000 from trading a new token, mainly due to overtrading and continuously consuming capital while chasing new trading pairs and liquidity rotations. The scale of this position far exceeded his usual investment in similar trades.Bonk Guy reflected that the common point of several recent losses was relying on others' judgments rather than establishing his own investment beliefs. He stated that most of the profits in this cycle came from independent judgment and sticking to positions, but after achieving success, he gradually became complacent and started making unnecessary trades.Bonk Guy emphasized that sometimes the best trade is no trade at all, and he will focus more on opportunities that he truly believes in for investment, even if it means missing out on some market movements.

On October 8, the IMF published a blog based on Chapter 3 of the Global Financial Stability Report for October 2026, indicating that the tokenized market is growing rapidly but remains very small and highly fragmented. The average daily trading volume of tokenized repurchase agreements is about $300 billion to $350 billion, while other tokenized assets amount to about $65 billion, compared to an average daily volume of about $13 trillion in the U.S. repurchase market, and a total global capital market asset size of $300 trillion.The report points out that investors have shown interest in certain tokenized features, with more than half of the trades occurring outside traditional market hours, and about 80% of tokenized stock trades being less than 1 share. However, the tokenized market has lower liquidity and higher volatility than traditional markets, and cross-platform fragmentation weakens network effects. The IMF believes that legal certainty, regulatory clarity, interoperability, and secure settlement assets are four mutually reinforcing constraints.The report also warns that scaling up could amplify traditional financial risks such as sell-offs, liquidity squeezes, and contagion. Policymakers should adopt a technology-neutral approach, clarify the legal rights of tokenized assets, ensure consistent regulation for similar activities, support interoperability between tokenized platforms and the traditional financial system, and continuously monitor interconnectedness, leverage, and liquidity risks.

European Central Bank Executive Board member Piero Cipollone stated during the MNI Connect Webcast that without a pan-European digital payment solution covering various daily transactions, the fragmentation risk between tokenization platforms may increase, thereby undermining Europe's "resilience and monetary sovereignty." He pointed out that the goal of the European Central Bank should be to create a digital euro that can be exchanged between banks and used for daily transactions.Cipollone emphasized, "Our goal is not to replace the role of banks." He stated that the digital euro will provide banks with the infrastructure needed to compete in the digital age and help banks expand the coverage and application scenarios of their own solutions.According to him, the European Central Bank has not yet decided whether to issue a digital euro but plans to complete the legislative process by the end of 2026. If the project advances, a 12-month pilot program will be launched in the second half of 2027, with a potential official issuance in 2029. The European Central Bank first proposed introducing a digital euro in October 2020 as a complementary digital payment option to cash. Critics argue that the central bank digital currency could give EU officials the means to monitor or even control residents' spending. Cipollone stated in September 2025 that the digital euro will ensure that all Europeans can use a free and widely accepted digital payment method at any time, even in the event of significant disruptions.

ITC Crypto founder Benjamin Cowen published a post questioning the bearish outlook for Bitcoin in Q4, stating that from a technical perspective, the current market trend is favorable for bulls. Currently, the price of BTC is less than 1% away from the May peak, making it difficult to draw conclusions about the future market before entering the fourth quarter.

Payments industry publication PaymentsJournal has published a deep-dive article, Navigating Latin America’s Complex Payment Ecosystem, examining the region’s evolving payments landscape, including domestic payment rails, cross-border settlement, stablecoins and payment orchestration. The article draws on PhotonPay’s research report, The Next Payment Infrastructure in LATAM, as a reference for its analysis. The article highlights the highly fragmented nature of Latin America’s payments market, where countries such as Brazil, Argentina and Mexico have developed distinct payment systems, currencies, providers and regulatory frameworks. At the same time, stablecoins are gaining traction in cross-border payments, offering an additional layer for liquidity and settlement, while local payment rails remain essential for reaching businesses and consumers in individual markets. PaymentsJournal argues that the next phase of payment infrastructure in Latin America may not be about creating a single regional rail, but about connecting diverse local payment systems, currencies and global liquidity through a more unified infrastructure layer. In this model, stablecoins can facilitate cross-border movement and settlement of value, while payment orchestration connects and manages the local rails, providers and fund flows businesses need to navigate. PhotonPay’s research explores these infrastructure trends and the changing dynamics of payments across the region.

According to Cointelegraph, Juan Marchetti, the Director of the Trade in Services and Investment Division of the World Trade Organization (WTO), stated at the event in Geneva for the release of the WTO stablecoin trade research report that the key obstacle to the widespread adoption of stablecoins in international trade is not technology, but rather the lack of a regulatory framework and its fragmentation.He cited a report from the Financial Stability Board (FSB) in October 2025, which indicated that among the 28 jurisdictions surveyed, only 11 (about 39%) have completed the establishment of a regulatory framework for stablecoins.The WTO report shows that stablecoins currently account for only 3% of the total global international payments, but from 2020 to mid-2024, the scale of stablecoin cross-border payments has grown by 35 times. The report also points out that stablecoins are expected to improve five major pain points in international trade financing: high costs, low speed, limited access, lack of transparency, and foreign exchange conversion.

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.

On September 9, WEEX TradFi market data showed that GameStop (GME) stock price slightly decreased by 1.41%, closing at $18.89. Its latest disclosed Q2 financial report shows an adjusted EPS of $0.27, revenue of $790.2 million, a year-on-year increase of 57% in collectibles sales, and an operating profit of $160.2 million, a record high. The adjusted EBITDA for the fiscal year 2026 has been raised to over $650 million. WEEX Labs believes that the weak GME stock price is due to twofold pressure: first, the overall core revenue is still showing a severe double-digit decline compared to the same period last year, and the traditional retail to digital transformation has not achieved a fundamental breakthrough; second, market expectations regarding equity swaps and potential follow-up fundraising have squeezed bullish sentiment.In addition, AeroVironment (AVAV) will announce its FY27Q1 financial report after the market closes today, with market expectations for EPS around $0.22 and revenue around $468 million. Its stock price volatility will depend on the ramp-up of drone order capacity, gross margin performance, and the fulfillment of warehouse delivery guidance. Trade stocks and gold with WEEX TradFi, and you can also open daily eggs, with a 100% chance of winning, to win up to 10,000 USDT in position airdrops.

Coinbase announced the architecture and application of its internal AI system "CEEcil." This system is not just a simple chatbot; it is designed to function as an AI agent similar to a "team member," which can be @mentioned in Slack and possesses long-term memory, proactive follow-up, and judgment capabilities.CEEcil retains team context through a three-layer memory mechanism: it continuously extracts information such as decisions, blockers, and responsible parties from authorized channels in the background; integrates short-term observations into long-term summaries every night; and retrieves historical memories, recent conversations, and real-time data as needed when answering questions. The system also employs a layered model architecture, prioritizing simple queries to be processed through APIs or knowledge bases, while only delegating complex, multi-step tasks to stronger AI models to reduce costs and delays.Coinbase stated that CEEcil is currently able to assist teams in handling production incidents and answering expert knowledge that would normally take hours to obtain; in the future, it hopes to expand this model into multiple AI agents tailored for specific teams, allowing AI not only to "answer questions" but also to retain memory, actively participate, and complete actual work.