Token Events

According to Odaily, HSBC is launching Hong Kong Dollar stablecoin RedCoin (RCHKD) through PayMe, with wallet activation rolling out in coming days. PayMe operates 3.3 million users and over 100,000 merchants. Eligible users can exchange 1 HKD for 1 RCHKD at 1:1 ratio from their HKD balance and use

Polygon transferred 52.928 million POL tokens from a multisignature wallet to a staking contract address on Oct. 24, according to Arkham data. The tokens, originating from the address labeled '0xFA5' identified as a Polygon multisignature wallet, are valued at approximately $4.82 million at

According to Odaily, Arthur Hayes criticized the high-FDV, low-circulating token model at TOKEN2049 in Singapore, saying this approach no longer drives price gains after exchange listings and has been exploited by VCs for over a decade. Flop Labs, backed by Hayes' personal funds, proposes a "100%

Franklin Templeton issued $150 million of tokenized money market fund shares on the XRP Ledger on October 22, CoinDesk reported on October 24. The issuance raised the fund's shares on the XRP Ledger to approximately 193 million from about 48 million, roughly quadrupling the total. The newly issued t

According to BlockBeats, on October 24, HYPE Strategies (PURR) expanded its stock buyback program from $30 million to $100 million, with approximately $72 million in remaining buyback allocation. The buyback period was extended until October 31, 2027. The company currently holds approximately 38.8

Gate News: According to an official Gate announcement, Gate will first launch Spot Trading for ValueX Chain (VLX), with the VLX/USDT Trading Pair. The Spot Trading opening time has yet to be determined. Gate is also launching its 344th HODLer Airdrop, allowing users who hold 1GT to participate for free and share 227,272 VLX tokens. The airdrop ends at 14:00 (UTC+8) on October 25, 2026, and 100% of the tokens will be unlocked immediately. ValueX is EVM-compatible blockchain infrastructure built o

According to CoinDesk, Franklin Templeton added approximately $150 million in tokenized money market fund shares to XRP Ledger recently. The addition increased the sgBENJI token supply from around 48 million to 193 million tokens, bringing the total value to approximately $200 million based on

According to ChainCatcher, Hyperliquid Strategies has expanded its share buyback plan from $30 million to $100 million, with approximately $72 million remaining through October 31, 2027. The company's dashboard shows it currently holds around 38.8 million HYPE tokens valued at approximately $2.96

NEAR Protocol announced its Q3 Backers Summit scheduled for October 28. The event will cover the House of Stake issuance proposal, advancements in NEAR AI, integration plans, and post-quantum accounts. The summit aims to foster community engagement while providing insights into the protocol's

SkyEcosystem announced its September Financial & Operational Update, revealing a $100M allocation from Galaxy. The investment highlights institutional interest in blockchain technology and includes operational metrics such as Grove's warehouse facility operating at 75% utilization and the

According to BlockBeats, Extended announced on October 24 that its native token XTEN will be issued in November 2026, with the token economics model to be unveiled on October 31. The token has an initial supply of 1 billion, of which 300 million (30%) will be distributed free of charge to eligible E

According to ChainCatcher, JUST released an updated whitepaper today, formally documenting the protocol's ecosystem architecture, three core product lines, and revised JST tokenomics. The whitepaper details key mechanisms including governance structure and token buyback-burn arrangements,

According to ChainCatcher, Cysic plans to destroy 7.2 million CYS tokens from foundation reserves by the end of October to offset the impact of unauthorized token minting and realign token supply with its tokenomics

MERGE Madrid 2026 will convene representatives from traditional banking, fintech, and digital assets from October 27 to 29, 2026, to examine stablecoins and blockchain technology in financial services. The conference expects more than 3,000 attendees and 250 international speakers, with

According to Arkham data monitored by PANews, ether.fi team transferred 3.5 million ETHFI to address 0xB20 today, valued at approximately $2.28 million. The address, which received 1.255 million ETHFI around 12 months ago, appears to be a smart contract with vesting unlock functionality. ether.fi

According to Gang.fun's official announcement, the BNB Chain Agent launchpad Gang.fun launched Gang Pair on Oct 23. The platform now enables trading pairs with tokenized stocks such as NVDAB, TSLAB, and AAPLB, as well as any tokens with liquidity pools on the BSC network. A 1% trading fee applies to

Ethereum layer-2 network Abstract announced it will shut down on Dec. 15, joining decentralized trading platform StandX and AI financial intelligence platform Edgen in abandoning token generation events and terminating services. Abstract cited stalled chain growth, weak liquidity, and lack of

HSBC began rolling out its Hong Kong dollar-backed stablecoin, HSBC RedCoin, to users of its PayMe payments application on October 23, 2026, marking a significant step in the adoption of regulated digital currencies by traditional financial institutions. The phased launch targets PayMe's more

According to Arkham data, ether.fi's team-marked address transferred 3.5 million ETHFI tokens worth approximately $2.28 million today. The same address previously received 1.255 million ETHFI around 12 months ago, believed to be associated with a vesting smart contract. Combined, ether.fi now has ap