issuance

British bank Griffin has completed a $20 million Series B financing round, led by Octagon Partners, with participation from Notion Capital, A+ Ventures, Nordic Ninja, Breega, and others. The company's valuation exceeds $100 million, though it has not disclosed whether this is pre-money or post-money valuation. Griffin stated that the funds from this round will be used to drive business expansion and achieve profitability.Griffin was founded in 2017 by former Airbnb employee David Jarvis and CircleC co-founder Allen Rohner, and it obtained a full banking license in 2024 and officially launched. Currently, Griffin provides banking infrastructure services to over 80 companies, including Uber, Countingup, Anna Money, Yonder, and Prosper. The company serves over 300,000 retail and business customers, processing approximately 10 million payments annually. As of September 2026, its recurring revenue has increased 3.2 times year-on-year, a figure that has not yet been audited.Griffin co-founder and CEO David Jarvis stated that the company will expand its card issuance and stablecoin business: the card issuance business will support branded retail and corporate debit cards, with credit card products to be launched later; in terms of stablecoins, the company is developing reserve-related services for enterprises and advancing on-chain cross-border payment solutions.

According to official news, the token issuance platform Pons on Robinhood Chain announced that the platform has launched over 1 million tokens.

The draft of South Korea's "Basic Law on Digital Assets," expected to be announced this month, will propose that a bank-led consortium be responsible for issuing the Korean won stablecoin. However, even if banks are responsible for issuance, exchanges and third-party payment platforms may still take on the circulation link connecting consumers and merchants, making user entry points and application scenarios key to competition.It is reported that the business integration between Upbit's operator Dunamu and Naver Financial could become an important variable. If related services are approved for integration, Dunamu could generate revenue through stablecoin transactions, while Naver Financial is expected to collect fees through merchant payments and settlements. A representative from South Korea's financial regulatory authorities pointed out that if stablecoins are used for electronic payments, related businesses may need to comply with the "Electronic Financial Transactions Act," and clarify obligations regarding the protection of recharged funds and settlement funds, transaction information management, and dispute resolution.

Stablecoin payment infrastructure service provider WasabiCard announced that it will participate in the Singapore FinTech Festival 2026, held from November 18 to 20, focusing on showcasing compliant white-label card issuance infrastructure for enterprises and fintech platforms.According to the introduction, WasabiCard supports enterprises in issuing virtual and physical cards under their own brand, providing features such as bulk card issuance, API integration, expense management, and transaction monitoring to meet payment needs in scenarios like advertising purchases, AI and SaaS subscriptions, daily corporate expenses, and global payroll. By collaborating with issuing institutions, banks, and payment processing partners, WasabiCard integrates compliance management into card issuance project design and daily operations, helping enterprises develop branded card businesses according to the requirements of different markets.During the exhibition, WasabiCard will be at booth 3G13 in Hall 3 of the Singapore Expo, discussing cooperation opportunities in white-label card issuance, embedded payments, and compliant operations with financial institutions, fintech platforms, and corporate clients.

Apple completed a bond issuance totaling $7.5 billion on November 9, including $1.25 billion in floating rate bonds and $6.25 billion in fixed rate bonds, with maturities ranging from 2028 to 2036. The fixed rate bonds have coupon rates of 4.65% to 5.35%, with the highest rate for the bonds maturing in 2036 being 5.35%. This issuance was underwritten by Goldman Sachs, Bank of America, Deutsche Bank, and JPMorgan Chase.

European Central Bank (ECB) Executive Board member Piero Cipollone stated that the digital euro pilot program will launch in the second half of 2027 and will last for 12 months, with 36 service providers participating. The pilot will test the technology and coordinate collaboration among service providers, merchants, central banks, infrastructure operators, and users.Legislative negotiations related to the digital euro are ongoing between the European Parliament, the Council of the European Union, and the European Commission, and are expected to conclude within the year. If negotiations proceed smoothly, the European Central Bank aims to issue the digital euro by 2029.

Real estate tokenization platform GromaCorp announced the launch of GromaCoin (GRO) on Uniswap v4, which is the first permissioned asset on Uniswap's automated market maker. GRO is paired with USDC, allowing verified investors to buy, sell, issue, and redeem on-chain at net asset value. GRO is an ERC-3643 security token issued on the Base network, with KYC and investor qualification rules embedded at the token level to prevent transfers to unapproved wallets.Each GRO represents a fractional ownership in the Groma Real Estate Trust, which is a regulated real estate investment trust (REIT) in the United States, focusing on multi-family residential properties, with assets primarily located in the Greater Boston and Providence areas. The trust's total asset value is nearly $95 million, with each GromaCoin having a net asset value of $1.07, and the portfolio includes over 125 to 150 income-generating properties, paying dividends quarterly, with a current yield of approximately 3.74%.Uniswap launched the Permissioned Pools framework on July 23, 2026, allowing asset issuers to operate managed whitelists and conduct compliance checks on-chain, with unverified wallets unable to participate in trading. GromaCoin is the first asset to adopt this framework and is currently only available to accredited investors. Groma has also partnered with Birch Hill and Morpho to allow holders to borrow USDC using GRO as collateral, with an initial supply cap of $5 million for this lending setup.

Apple (AAPL.O) launches a seven-tranche high-grade dollar bond issuance.

Meta Platforms (META.O) plans to raise up to 9 billion euros through its first euro bond issuance.

Meta Platforms (META.O) launches a six-part inaugural euro bond issuance.

The meme issuance platform Pump.fun announced that the NEAR token has now landed on the Pumpfun App. Users can trade NEAR ecosystem tokens within the app without the need for cross-chain bridging.

The IPO dedicated website of AI company Anthropic, ipo.anthropic.com, is now live. The page is very simple, featuring three circles of increasing size, along with the phrase "More information to come." Developers examining the webpage code discovered that the site has preset paths for regions including the United States, the United Kingdom, Canada, Australia, and Japan, and also contains Japanese prompt text.Anthropic plans to issue stocks to retail investors in Japan, the United Kingdom, Canada, Australia, and some European countries, with participating institutions such as Interactive Brokers, Revolut, and SBI already announced. Japanese regulatory documents indicate that the local issuance scale is expected to be up to approximately $3.5 billion. The company publicly submitted its IPO prospectus on October 26, intending to list on NASDAQ under the code ANT, and may initiate the listing promotion during the week of November 9, aiming to complete the listing by the end of the month.

Raagulan Pathy, co-founder and CEO of the stablecoin payment platform KAST, posted on X in response to emails regarding the conversion of user points into KAST Pioneer Units. He stated that the company's available expressions are constrained by regulations in various countries; the plan has undergone a lengthy process with top law firms and received investor approval, with setup costs reaching millions of dollars, and legal opinions obtained from dozens of countries.Pathy confirmed that KAST Pioneer Units will be issued by a special purpose entity associated with KAST, which is currently the practical path for issuance globally, and user points will be converted into these units. The company will arrange regular redemption events but cannot legally promise specific amounts, dates, or guarantee an increase or decrease in value. Users need to accept the conversion as soon as possible, with relevant details expected to be announced in the app in early December.Regarding the decision not to issue tokens, Pathy stated that historically, no projects in the crypto card and new banking sector have delivered tokens whose prices did not decline; tokens often do not align with community interests, and founding teams and investors can often exit, while token holders bear the volatility and price downturns. He mentioned that not issuing tokens means the team and investors do not have that option, and their rights remain locked in equity; he himself has only net purchased KAST equity and has never sold. He believes that issuing tokens contradicts the goal of building a company worth over $100 billion and considers Pioneer Units to be a more long-term outcome.

Base Security Committee member Toady Hawk announced on November 3rd via X that he has accepted the position of CEO at the token issuance platform Clanker, responsible for driving the platform's restart. He stated that Clanker is now managed by Mask Network, which is also the manager of Firefly and Lens Protocol, and has collaborated with the engineering team to promote the restart, with more arrangements to be announced later.Toady Hawk recalled that Clanker was born about two years ago on Farcaster, where users could post on the timeline and tag the platform to issue tokens. The platform later expanded to X and once became the highest trading volume token issuance platform on Base, with related communities including BNKR, DRB, and FAIR. He mentioned that the platform subsequently experienced changes due to early founder controversies, being sold to Farcaster, and the handover to Neynar, which affected it multiple times over the past 18 months. He also stated that he has been working independently since he was 17 and prefers to manage projects he personally founded, but has accepted this position.His listed priorities after taking office include: updating the brand while retaining its original features, improving external communication, and collaborating with the engineering team to align functionalities with current mainstream issuance platforms, covering stock trading pairs, new chain support, and an unnamed first-day support feature. Other matters include rebuilding trust between builders and the trading community, supporting early communities still under construction, and bringing new issuance activities back to the information flow. He also stated that he will assist in planning projects for issuing meme tokens, stock trading pairs, or application tokens, and collaborate with developers who wish to continue building based on the Clanker protocol. The official Clanker account responded on the same day, stating that the restart is in progress.

The NEAR Protocol governance body House of Stake passed the HSP-029 proposal with approximately 99.96% support, with a voting power of 3.29 million veNEAR. The proposal aims to gradually reduce the annual token issuance cap from 2.5% to 1.6% over 24 months, with an average monthly decrease of 0.0375 percentage points. The proposal was initiated by Sal Ternullo, CEO of the Nasdaq-listed company SVRN, and only adjusts one protocol parameter, while the existing distribution ratio remains unchanged: 90% of newly issued tokens are allocated to staking participants, and 10% go to the treasury.The proposal also requires approval from the House of Stake Security Committee and will be implemented after a preparation period of about 90 days and once validators complete the protocol upgrade. The model estimates that, based on the original issuance cap, approximately 11.8 million NEAR could be issued less in the first two years after implementation, and about 66.1 million less over six years. After full implementation, the daily issuance is expected to decrease from about 89,500 to 57,300; under the assumption of similar staking participation rates, the gross staking yield is expected to drop from 5.268% to 3.372%, and validator commission income is expected to decrease by 36%.

According to reports, Oracle ORCL.N plans to issue $10 billion worth of stock at a discount of 11%, with the expected offering price at $116 per share.

The public chain NEAR Protocol stated on X that its decentralized on-chain governance body, House of Stake, has voted to approve a proposal to reduce the annual maximum issuance rate of NEAR from 2.5% to 1.6%, to be implemented in phases over 24 months. Token holders adjusted this core parameter through public voting, and the new rate will take effect gradually per epoch according to the announced schedule.The proposal, numbered HSP-029, was put forward by Sal Ternullo from SVRN, and its forum status is approved. The proposal retains the original allocation ratio, with 90% going to staking participants and 10% entering the treasury, only adjusting the issuance cap parameter. Officials stated that the long-term issuance will decrease, and the supply schedule is available for verification.The subsequent process is as follows: the House of Stake Security Committee reviews the voting results before approval; after approval, there will be a grace period of about 90 days; the changes will only become binding after validators adopt them through protocol upgrades. Thereafter, the issuance rate will be gradually reduced each epoch, reaching 1.6% in the 24th month, and quarterly reports will track the actual issuance against the schedule.