Pye Finance has completed a $5 million seed round, led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent, Gemini, and other companies. This startup is building an on-chain marketplace on Solana for time-locked staking positions, aiming to make locked stakes transferable and easier to build into fixed-term products.

according to official information, users holding at least 250 Binance Alpha points can claim an airdrop of 2000 STABLE tokens on the Alpha event page. If the event is not over, the score threshold will automatically decrease by 10 points every five minutes. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users need to confirm the claim on the Alpha event page within 24 hours, otherwise it will be considered as a waiver of the airdrop.

self-custody stablecoin digital bank AllScale announced the completion of a $5 million seed round, led by YZi Labs, Informed Ventures, and Generative Ventures.

 Deutsche Bank analyst Antje Praefcke pointed out that if the next Federal Reserve chairman responds to President Trump's call for interest rate cuts amid high inflation, the US dollar may face downward pressure. Praefcke believes that the expected nominee, White House National Economic Council Director Hassett, is a loyal supporter of Trump, which increases the likelihood of the Fed cutting rates. She stated that if the Fed cannot effectively contain inflation risks, it will have a negative impact on the currency. (Jin10)

 fintech company Revolut Ltd. reached a valuation of $75 billion in its latest round of stock sales, a significant increase from last year's $45 billion. This round of financing was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from Nvidia's venture capital arm NVentures, Andreessen Horowitz, Franklin Templeton, and accounts managed by T. Rowe Price. Revolut offers services such as checking and savings accounts, international remittances, cryptocurrency, and stock trading.

according to The Information, Kraken is raising funds with a valuation of $20 billion, higher than the $15 billion in August, and is expected to go public next year. This valuation will put its price-to-earnings ratio on par with its larger listed competitor Coinbase.

Web3 game platform KapKap has announced the completion of a $10 million seed round of financing, with Animoca Brands leading the investment, and Shima Capital, Mechanism Capital, Klaytn Foundation, and Big Brain Holdings participating. The company uses an attention pricing system to quantify user activity, creativity, and reputation as attention-based assets. The new funds will support its expansion into blockchain games and strategic partnerships with BAYC, ApeCoin DAO, and other crypto communities.

On October 24, 2025, PunkCode, a company focused on IP-driven collectible culture, XR immersive experiences, and digital asset operations, announced the completion of a new funding round led by Meridian Capital. The investment, structured in USD-denominated capital, totals several tens of millions of RMB.

According to the company, the new funds will be primarily used to:

Expand and scale its original IP content ecosystem;

Upgrade its XR spatial computing and interactive experience technology stack;

Accelerate international channel development and brand deployment.

PunkCode emphasized that this round of financing not only lays the foundation for its upcoming overseas listing framework, but also significantly advances the global replication of its flagship international product line, PunkVerse.

This strategic investment is a strong signal that the market is recognizing and validating the innovative commercial model represented by PunkVerse—an integrated system combining collectible IP, immersive experience, and assetization on a global scale.

Canadian stablecoin company Loon has completed a CAD 3 million (approximately USD 2.15 million) seed round financing, led by Version One Ventures, with participation from Garage Capital and a group of Canadian angel investors. It is reported that the company plans to launch a stablecoin based on the Canadian dollar to reduce reliance on USD stablecoins.

Pave Bank raised $39 million in Series A financing, led by Accel with follow-on investments from Tether Investments, Wintermute, and others. Pave Bank is a commercial bank aimed at serving customers with both fiat and digital asset needs. The bank is licensed in Georgia and stated that it will use this funding to "expand regulatory scope, accelerate product development, continue building institutional-grade infrastructure, and expand its customer base in global markets".