equity

According to Bloomberg, citing informed sources, SoftBank is considering acquiring Allied Universal, the largest security services company in the United States, with a potential equity valuation of up to $18 billion. The company also has about $12 billion in publicly traded loans and bonds, and including related debts, the total transaction value could approach $30 billion.Masayoshi Son is exploring the application of AI robots across various industries. The report indicates that SoftBank hopes to have robots undertake some security tasks for Allied in the future, but the deployment of humanoid security robots may take longer. Relevant discussions are still in the early stages, and matters including pricing have not been finalized.

According to The Defiant, Hong Kong company L2 Capital has signed a contract to join the tokenization platform Newton, planning to tokenize equity in a pre-IPO artificial intelligence company valued at $500 million. L2 Capital thus becomes the first partner on this platform being built by Newton Labs.The platform is designed to embed compliance rules directly into each token and verify them before each transfer settlement, thereby implementing regulatory requirements in on-chain transactions. Currently, Newton Labs' platform is still under construction, with L2 Capital being the first partner to connect.

According to BBX data, yesterday global publicly listed companies in the U.S. stock market and leading investment institutions disclosed the latest developments in digital asset treasury allocation, equity tokenization, and mixed financial innovations in real estate. The core information is as follows:Strategy (NASDAQ: $MSTR) increased its holdings by 250 BTC last week, raising its dollar reserves to $5.5 billion: The world's largest corporate Bitcoin treasury publicly listed company, Strategy, disclosed its latest ledger. Last week, the company increased its holdings by another 250 Bitcoins in the secondary market, while spending $192 million to repurchase its STRC preferred shares. As of October 11, 2026, the total amount of Bitcoin held by Strategy has risen to 848,250 BTC, and the balance of dollar reserves in the balance sheet has increased to $5.5 billion.Zhibao Technology (NASDAQ: $ZBAO) plans to explore stock tokenization and evaluate re-staking 2,380 BTC for liquidity: Nasdaq-listed insurtech company Zhibao Technology announced the signing of a strategic cooperation framework agreement with the liquidity re-staking protocol Bedrock. Both parties will establish a joint working group to explore the tokenization of its Class A common stock registered with the U.S. SEC at the transfer agent level (retaining full voting and dividend rights) and explore integration with compliant DeFi applications; at the same time, Zhibao Technology is evaluating the possibility of putting part of its treasury holdings of 2,380 Bitcoins into Bedrock's uniBTC infrastructure. This agreement is currently non-binding and still needs to go through due diligence, compliance review between China and the U.S., and complete restructuring if necessary, with a formal agreement expected to be signed within the next 12 months.BitMine (NASDAQ: $BMNR) increased its holdings by over 12,000 ETH last week, raising its total holdings to 6.028 million: Nasdaq-listed mining company BitMine disclosed that it increased its holdings by another 12,532 Ethereum last week. As of October 11, 2026, its total Ethereum holdings reached 6,028,946 ETH (approximately 4.9% of the total supply on the network). Currently, BitMine's total asset value is approximately $16.2 billion (including $612 million in cash and securities, 214 Bitcoins, $180 million in Beast Industries equity, and $85 million in Eightco investments). Of these, the staked Ethereum remains at 5,067,309 (accounting for 84% of total holdings), valued at approximately $12.9 billion, with current annualized staking income of about $336 million.DeFi Development (NASDAQ: $DFDV) increased its holdings by over 22,000 SOL last week, bringing total holdings close to 2.59 million: Solana treasury company DeFi Development announced that in the past week, its holdings of SOL and SOL equivalents increased by 22,070. The cumulative holdings on the balance sheet have reached approximately 2,586,282 SOL, continuously promoting on-chain staking and validator node operations.Cardone Capital disclosed a $1 billion mixed real estate and Bitcoin platform, planning to refinance to increase holdings by 500 BTC: Real estate investment firm Cardone Capital's founder Grant Cardone revealed that its mixed investment model in real estate and Bitcoin has attracted about 3,000 investors over the past 18 months, with a cumulative transaction scale of $1 billion. Its first project cost $72 million to acquire property and allocated $17 million in Bitcoin, with the property currently generating about $360,000 in monthly rental cash flow, all of which is used for continuous Bitcoin purchases. The project is planning to refinance the underlying property to use the loan to buy back 500 Bitcoins, which will increase the project's holdings to about 700 Bitcoins. Cardone also revealed that Bitcoin currently accounts for about 20% of his personal investment portfolio.

The Malaysian hardware wallet distributor CryptoBilis has been revealed to have changed ownership during the investigation into a suspected supply chain attack on Ledger devices. Newly disclosed company records show that an individual named Jiaming, with a registered address in Heilongjiang Province, China, has held 100% of the company's shares since August 3.The former co-founder of CryptoBilis confirmed that the company was acquired in March of this year, and the original shareholders subsequently withdrew from all operational, management, and administrative positions. The founding team has been unable to understand the actual operations of the company after the handover, only continuing to assist with some activity coordination, and stated that they are no longer part of the company, urging the current management to handle the matter transparently.As the change in ownership was exposed, CryptoBilis has come under scrutiny for its alleged involvement in the supply chain attack on Ledger hardware wallets, with related devices reportedly implanted with hidden modules capable of stealing recovery phrases. There is currently no conclusive evidence linking the change in ownership to the wallet theft incident. CryptoBilis has temporarily suspended sales and shipments of all brand hardware wallets at its stores and online channels in Malaysia, the Philippines, and Indonesia, and has closed offline stores until further notice.

Ostium has released a design update on the second phase of the compensation plan for liquidity providers (OLP). This plan offers two compensation mechanisms for users who have losses exceeding 1,000 USDC and have not opted for Convenience Allocation:Default Plan A (USDC Installment Payment): Funding sources include recovered and future recovered funds (distributed proportionally after deducting the first phase portion), a specific share of revenue from the Ostium protocol and Gateway (initially 50% of Ostium opening fees), and potential partner incentives or revenue sharing.Optional Plan B (Ostium Labs Equity Conversion): Users who meet securities regulation requirements can convert part of their unrecovered losses into Ostium Labs equity at the valuation of the next round of financing, with the same class of shares as the team, and a total holding percentage for participating users subject to a fully diluted cap.The second phase portal is scheduled to launch on October 30, and eligible users can proportionally claim the allocated funds from Plan A; if they choose equity conversion, the portion of losses converted to equity will no longer be eligible for subsequent installment payments under Plan A, thereby helping to accelerate the repayment process for the remaining unconverted funds.Ostium emphasizes that this compensation plan is voluntarily initiated by the official and does not guarantee the full recovery of lost funds; specific implementation details and parameter scales are still being refined.

Hong Kong Cyberport personnel clearly stated to RootData that, after internal verification, Cyberport is not an investor in Metafyed and does not hold any equity in the company.According to RootData, Metafyed is a blockchain-based real-world asset (RWA) tokenization platform, involved in private credit and project financing. The project previously disclosed completing a $5.5 million financing round and stated in the financing press release that it received "incubation and support" from Hong Kong Cyberport, Draper, and the Stellar Development Foundation.RootData marked this financing as "questionable" in March of this year. RootData reminds users to pay attention to the risks associated with the project, to prudently assess the relevant financing information, and welcomes users to provide verifiable information and correction leads to jointly supervise the platform's data quality, enhancing the accuracy and reliability of the data.

Animoca Brands and Nuva Labs have launched the real-world asset market NUVA with the HOME token, providing qualified non-U.S. investors exposure to U.S. home equity lines of credit (HELOC) with a minimum participation of 1 USDC. This ERC-20 token aims for an annualized yield of 7%, resetting monthly, with interest income and loan performance reflected in the net asset value of the fund pool, which in turn determines the token price. The product has no lock-up period and features a first-loss tranche that accounts for approximately 5% of the fund pool's value, designed to absorb losses from defaults or forced sales before they affect HOME holders.The underlying assets of HOME are the HELOC pools initiated by Figure Technology Solutions. According to Federal Reserve economic data, the size of U.S. HELOCs rose to $460 billion in the second quarter. Nuva Labs CEO Anthony Moro stated that traditional securitization primarily targets institutional investors, making it difficult for individual investors to access such structures. HOME does not attempt to create residential credit demand from scratch but presents an asset class with existing institutional demand in a more accessible on-chain structure. HOME holders do not directly own the underlying loans but hold tokens corresponding to the exposure of the fund pool.HOME is only available to qualified non-U.S. users, with the UK, Hong Kong, China, the British Virgin Islands, and sanctioned jurisdictions also excluded. NUVA will enforce these restrictions through wallet screening and IP address blocking.

The decentralized finance (DeFi) protocol Sky Protocol has been granted a B3 long-term counterparty risk rating by the credit rating agency Moody's, with a stable outlook. This is the first time Moody's has rated a stablecoin protocol.As of September, Sky Protocol holds approximately $90 million in tangible common equity, corresponding to about $10 billion in tangible managed assets. Moody's describes its capital position as a "significant credit weakness." Sky Protocol, formerly known as MakerDAO, is responsible for managing the USDS and DAI, which are pegged to the US dollar. Moody's noted that approximately 45% to 50% of Sky Protocol's assets consist of stablecoins and tokenized money market funds, with another approximately 25% in cryptocurrency collateralized loans. Its rating is also constrained by low capital adequacy ratios, confidence-sensitive stablecoin liabilities, and risks associated with the DAO structure.

ChainCatcher live report, at the OKX NOW Global Products and Ecosystem Conference (Singapore), Star stated that large global financial institutions from sectors such as exchanges, banks, stablecoins, payments, and quantitative finance are making equity investments in OKX, including ICE, the New York Stock Exchange, Standard Chartered Bank, Ripple, Circle, and others.He believes that the significance of this matter goes far beyond the funds themselves, "The future will not be a confrontation between crypto finance and traditional finance; every crypto company will expand into traditional finance, and every traditional finance company will invest in the crypto space. These two worlds are becoming one financial system."

According to Fortune, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against two private fund cases, accusing the relevant fund advisors of raising funds under the pretext of investing in popular tech companies like OpenAI and SpaceX before their IPOs, but allegedly providing false information to investors and misappropriating some of the funds.The SEC stated that Meyer Global Management and its head Owen Meyer are suspected of raising at least $18.5 million from nearly 100 investors to purchase shares of companies before their IPOs, but misappropriated at least $1.27 million, including using fund money for personal consumption, paying entertainment expenses, and personal investments. Among them, the SEC accused Meyer of establishing a fund for investing in shares of OpenAI and SpaceX, but some of the funds did not actually hold the relevant assets.In another case, the SEC and federal prosecutors accused Beyond Alpha Ventures heads Christopher Dinelli and Jacob Frankel of raising over $8.7 million from 35 investors and falsely promoting that the fund held shares in companies like SpaceX and xAI.The SEC stated that the two provided false investment reports, with some of the funds being used for options trading, film investments, and personal use. The SEC emphasized that the accused tech companies and their management have not been found to have engaged in misconduct. Regulatory agencies have been continuously monitoring investment products that promote "acquiring shares before popular private company IPOs" and have launched multiple enforcement actions against relevant private fund advisors.

According to CoinDesk, Open Standard CEO Zach Abrams stated that the company is not an alliance where decisions are made collectively by hundreds of participants. The daily operations of the company are managed by the management team, and a smaller group of founding partners holds ownership and governance functions, while other partners are rewarded based on their contributions to driving the supply and trading activity of OUSD.Coinbase, Mastercard, Shopify, Stripe, and Visa have invested to become the first five founding partners, each receiving an equal proportion of initial equity. The five companies have also committed to investing over $1 billion in the coming months to establish liquidity for OUSD. The specific investment amounts and shareholding ratios of each company have not yet been disclosed.These five companies are currently the only investors in Open Standard. Abrams expects the number of founding partners to increase to about 10 to 12 in the future and plans to establish a board composed of founding partners. Meanwhile, the number of partners planning to integrate with OUSD has increased from over 140 in June of this year to over 200, with the latest additions including SBI Holdings, UBS, and the fintech company Jeeves.

Jeeves announced the completion of a $110 million equity financing. This round of financing was led by CoinFund, with participation from Andreessen Horowitz (a16z), Coinbase Ventures, AllianceBernstein, the Government of Singapore Investment Corporation (GIC), and Y Combinator.

According to a report by Reuters, the artificial intelligence startup Island announced the completion of a $400 million Series F funding round, led by Evolution Equity Partners, with participation from existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, and JP Morgan Growth Equity Partners.The company's valuation has reached $6.4 billion, and the new funds will drive the company into the next phase of growth and innovation, helping businesses expand the application scale of AI agents and modernize work methods.

On September 23, according to Bloomberg, asset management company BlackRock adjusted its positions in its approximately $300 billion model portfolio, increasing its equity exposure while maintaining a positive outlook on artificial intelligence.According to an investment outlook seen by Bloomberg, in the United States, BlackRock directed funds towards large-cap stocks and shifted some of its artificial intelligence exposure from industry-leading companies to those it believes will benefit from or are adopting the technology. In terms of international allocation, BlackRock reduced its regional tilt towards the United States, developed markets, and emerging markets.

According to the 8-K document submitted by Circle Internet Group to the U.S. SEC, a subsidiary of Circle signed an agreement with Binance on September 17, 2026, to expand their strategic cooperation in promoting USDC. At the same time, Binance subscribed to 1,237,011 shares of Circle Class A common stock at a price of $80.84 per share, totaling an investment of $100 million. This price reflects a discount compared to the market price prior to the signing of the subscription agreement.Under the agreement, Circle will pay Binance a monthly incentive fee, calculated as a percentage of the amount of USDC held through Circle's modular smart contract wallet infrastructure service, while Binance will carry out additional promotional activities for USDC on its platform. The agreement has a term of five years, and either party may unilaterally terminate it upon the occurrence of specific events. The new agreement replaces the previous agreements from November 2024 and August 2025.The subscribed shares are issued through a private placement and are not registered under the Securities Act. Binance agrees not to directly or indirectly sell, transfer, pledge, or hedge such shares from the date of delivery until the second anniversary or before the termination of the commercial arrangement, while retaining voting rights and subject to several customary exceptions.

According to official news, the AIA Ecosystem Fund announced four updates to the AIA ecosystem, including the official launch of products, alignment of token and equity value, execution of token burn and unlock as planned, and the invalidation of unallocated tokens for dismissed members.In terms of products, the AI Token Smart Router under DeAgentAI was officially launched to the public today, providing unified access to DeAgentAI's proprietary models and 38 mainstream third-party models, supporting model routing, API calls, and usage measurement. Since the internal testing, the platform has served 8 top domestic and international large model clients, processing over 54 million external model calls, with monthly revenue exceeding one million dollars.Regarding the alignment of token and equity value, the AIA Ecosystem Fund stated that all revenue generated from products and business lines under DeAgentAI, as well as related intellectual property and value, will exclusively belong to the foundation and be governed by $AIA holders, with equity investors no longer entitled to residual cash flow. Additionally, the previously disclosed buyback has been fully completed, and the repurchased tokens will be burned as planned.The AIA Ecosystem Fund also stated that the one-year lock-up period for investors, team members, and advisors has ended, entering a three-year linear release period, consistent with the arrangements disclosed at launch; community, ecosystem, and staking shares will still be executed according to the original schedule.The shares of former employees who left normally will be distributed as agreed, but some former team members previously engaged in serious illegal activities. The AIA Ecosystem Fund clearly stated a zero-tolerance policy for any actions that harm the interests of the project and community. Any team member dismissed due to misconduct or harm to project interests will have their unallocated $AIA immediately invalidated, and the company reserves the right to pursue criminal liability.

According to Fortune magazine, the American enterprise AI startup Arcee AI has completed a $150 million Series B funding round, with a pre-money valuation of $1 billion. This round was led by Vista Equity Partners, Cambium Capital, and Emergence Capital, with participation from Microsoft's M12, AI10 Ventures, Hitachi, IAG, P7, and Wipro.Arcee did not disclose the specific amount, but insiders say it is at least $150 million. Founded in 2023, Arcee initially focused on fine-tuning and optimizing existing models, later shifting to building open-weight models from scratch. Its founder, Mark McQuade, was an early employee at Hugging Face. The funds will be used to develop new open-weight models and products, expand collaboration with the U.S. Department of Energy, and work with Vista's portfolio companies.

Zhiyu (02513.HK) stated in a conference call with analysts and investors that the company has just completed a refinancing of $5 billion with a "small equity, large debt" structure, which was driven by the demand for computing power expansion.After the release of GLM-5 in February, the demand for model calls surged tenfold, and nearly all of the company's computing power reserves were depleted within the week of the release, forcing the suspension of the main product, Coding plan. In response, Zhiyu actively addressed the situation, completing a $4 billion refinancing in July, and finally made a large-scale layout for computing power expansion; after refinancing another $5 billion on September 11, it firmly continued to expand its computing power layout.After this expansion, Zhiyu's computing power has taken shape and is now able to support the company's rapid business growth and the continuous research and development of larger-scale models.

According to a report by Reuters, artificial intelligence company Zhipu has launched a Hong Kong stock placement of approximately 2 billion USD and a convertible bond issuance of about 3 billion USD, totaling a financing scale of around 5 billion USD. Zhipu will issue 21.97 million new shares at a placement price of 714 HKD per share, which is about a 10% discount compared to the closing price of 793 HKD; at the same time, it will issue 20.14 billion RMB (approximately 3 billion USD) zero-coupon convertible bonds, maturing in September 2027. The issuance price of the convertible bonds is 100% to 100.5% of face value, corresponding to a yield of -0.5% to 0%, with an initial conversion price of 892.5 HKD, which is a 25% premium over the placement price.The proceeds from the financing will mainly be used for research and development, computing power resources, and related infrastructure, as well as for business expansion, strategic investments, potential mergers and acquisitions, working capital, and other corporate purposes. This stock placement and convertible bond issuance will occur simultaneously, but the settlement of the two transactions is not interdependent.

Centrifuge, in a post on X, announced that the governance proposal CP172 has been approved. The official statement indicates that this is the first time in history that tokens will be converted into tokenized equity. After necessary approvals and legal analysis are completed, Centrifuge will proceed with the proposed restructuring.According to the governance forum proposal, the Centrifuge Network Foundation plans to restructure and re-register as a Cayman Islands exempt limited liability company, Centrifuge, Inc., to issue equity. Eligible CFG token holders can exchange 1 CFG for 1 share of tokenized equity through the Centrifuge platform, with no additional fees. Qualified holders with 100,000 CFG or more will be directly registered as shareholders, while those with less than 100,000 will participate through a trust structure in collaboration with CoinList.The conversion is voluntary, and non-participating holders can continue to hold or sell their tokens on the open market. Centrifuge will strive to maintain market liquidity during the conversion period. The proposal is legally guided by Ogier, with advisory support from Galaxy Digital Labs LLC and The Tokenized Asset Coalition.