Token Events

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SpaceX (SPCX) will unlock the fourth tranche, equal to 7% of its shares, on October 17, with users’ holdings converted at a ratio of 11.86%

Gate News reports that, according to an official Gate announcement, SpaceX (SPCX), the first Gate Pre-IPO project, will undergo its fourth 7% stock unlock. Under SpaceX’s phased stock unlock mechanism, the corresponding proportion of shares will be unlocked and enter market circulation. Since 41% of the shares have already been unlocked, the remaining SPCX shares amount to 59% of the original total allocation. The conversion ratio for this unlock is equivalent to 11.86% of current actual SPCX ho
SPCX-0.63%
GateNews·10-16 12:25
SpaceX (SPCX) will unlock the fourth tranche, equal to 7% of its shares, on October 17, with users’ holdings converted at a ratio of 11.86%

Japan's Three Largest Banks Confirm Yen Stablecoin Feasibility

Mizuho Bank, Mitsubishi UFJ Bank and Sumitomo Mitsui Banking Corp. confirmed the feasibility of jointly issuing a yen-based stablecoin through a pilot test conducted from July 17 to July 23, NADA News reported on October 16. The test aimed to verify both technical and operational feasibility for the
Bloomingbit·10-16 08:26
Japan's Three Largest Banks Confirm Yen Stablecoin Feasibility

Cross River Bank integrates XRP Ledger for cross-border settlement, with RLUSD’s market cap surpassing $2.5 billion

Cross River Bank and Ripple have signed an agreement to integrate the RLUSD stablecoin into Cross River Bank’s proprietary Core Operating System (COS), providing fintech companies with services such as cross-border payments through the XRP Ledger. Ripple reported that RLUSD’s market cap has surpassed $2.5 billion, with more than $1 billion issued on XRPL. Cross River Bank and Ripple Integrate RLUSD into Proprietary Core Operating System (COS) According to Cross River Bank, Ripple’s RLUSD will be
XRP-1.15%
RLUSD+0.00%
ETH-1.26%
Bisc·10-16 02:28
Cross River Bank接入XRP Ledger跨境結算

Taiwan’s FSC is considering allowing cross-industry stablecoin joint ventures, enabling banks to partner with tech companies, VASPs, and overseas issuers

According to the Economic Daily, Taiwan’s Financial Supervisory Commission (FSC) said that, in addition to allowing banks to issue Stablecoins independently, it is studying whether to open up joint-venture models that would allow banks to partner with technology companies, VASPs, and offshore Stablecoin issuers to jointly issue Stablecoins, subject to restrictions on shareholder structures, such as banks’ ownership ratios. FSC officials said the relevant rules are still being coordinated among g
Bisc·10-16 02:14
台灣金管會研議開放穩定幣跨業合資