Daily Market Wrap | Oct. 16

robot
Abstract generation in progress

Hot Topics

France’s Lise secures a DLT license to launch Europe’s first tokenized stock exchange, merging trading and settlement for SME IPOs starting in early 2026.

Visa aims to build infrastructure for “onchain finance,” rebranding DeFi, to connect banks to a $670B stablecoin lending market without issuing tokens or funding loans.

Market Updates

Bitfarms announced a $300M convertible notes offering due 2031, with shares down 4% pre-market, despite a 315% YTD surge from its AI/HPC pivot.

Paxos mistakenly minted $300T of PayPal’s PYUSD on Ethereum but quickly reversed it via a burn mechanism, with no security breach or customer fund risks.

Monad opened its MON airdrop portal for 5,500 core and 225,000 crypto users to check eligibility before the token launch, based on on-chain and off-chain activity.

OCT32.62%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)