luca

The second episode of the Gate Stocks series is now online. Lucas Sum, the head of stock market development at Gate, shared insights on why cryptocurrency exchanges are starting to venture into the stock market and analyzed the differences between Gate and traditional brokers in terms of trading experience and asset allocation methods. Lucas Sum stated that more and more digital asset users are beginning to pay attention to stock opportunities from global companies such as NVIDIA, Apple, and Tencent. Gate integrates stocks and crypto assets into the same account, allowing users to manage different types of investment assets using the same USDT balance.In terms of trading experience, Gate Stocks supports fund transfers using USDT, enabling users to participate in stock trading without waiting for traditional bank fund settlements. In addition to regular trading hours for U.S. stocks (9:30 AM - 4:00 PM ET), it also supports pre-market and after-hours trading, with fractional shares supported down to 0.01 shares. Besides stocks and ETFs, Gate also covers investment opportunities such as stock perpetual contracts, tokenized assets, Pre-IPOs, and direct IPOs. Lucas Sum emphasized that Gate is not trying to replace traditional brokers but rather to expand the possibilities of investment platforms, bringing the global stock market directly to digital asset users.

Pudgy Penguins CEO Luca Netz posted an ambiguous tweet that included a pair of eyes, a penguin, and a building, followed by an arrow with the word "SOON." Although there were no textual messages, the market interpreted it as a hint that the company is advancing its IPO plans.As a result, PENGU rose over 17% that day, and combined with the overall market improvement, it has increased over 66% in the past week. The community interpreted the building in the post as a stock exchange and understood the meaning of the post as "Look, the penguin is about to go public soon." Luca Netz stated in a 2025 interview that he hopes to achieve the company's public listing before 2027.

Gate today announced that Lucas Sum has officially joined Gate as Head of Market Development, Equities. In this key position, Lucas will be responsible for driving Gate's global equity business market development strategy, coordinating business growth, ecosystem collaboration, market expansion, and user growth, strengthening Gate's business layout between traditional finance, digital assets, and the global capital markets, and promoting the sustainable development of a multi-asset investment ecosystem.Lucas has nearly ten years of industry experience, with a career spanning multi-asset brokerage, wealth management, payment fintech, and financial services. Before joining Gate, he was deeply involved in the market construction and business scaling development of Longbridge Securities and Moomoo Singapore (Futu Holdings) from 0 to 1, accumulating rich business development and collaboration experience in areas such as ecosystem collaboration, business model building, market strategy formulation, and user growth.Lucas stated, "I am very pleased to join Gate. Against the backdrop of the increasing integration of traditional finance and digital assets, the global investment market is ushering in new development opportunities. As global investors' demand for stock investment and diversified asset allocation continues to rise, I believe Gate will continue to improve its global equity business layout, creating a more open and convenient one-stop global investment experience. I look forward to working with partners and various parties in the financial ecosystem to further expand investment opportunities in the global capital market, continuously promote the development of Gate's equity business, and create long-term value for global investors."Lucas's addition will further enhance Gate's global equity business development strategy, strengthen the partner ecosystem, accelerate market expansion processes, and assist the platform in building a one-stop multi-asset investment platform for global investors, providing richer and more diverse asset allocation options.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Estoril Open: Luca Van Assche vs. Alexander Blockx," the option "Luca Van Assche" in the sub-market "Estoril Open: Luca Van Assche vs. Alexander Blockx" has experienced significant fluctuations in winning probability, soaring from 62.5% an hour ago to the current 85.5% (a fluctuation of 23%). Please note the impact of related breaking news.

ChainCatcher News, Acting Chair of the Commodity Futures Trading Commission (CFTC) Caroline D. Pham announced new members of the Global Markets Advisory Committee (GMAC) and its subcommittees. Scott Lucas, Managing Director and Head of Market Digital Assets at JPMorgan, has been appointed as Co-Chair of the GMAC Digital Asset Markets Subcommittee, alongside Sandy Kaul, Executive Vice President of Franklin Templeton.

ChainCatcher news, on the second day of the "SevenX Research Day: Restaked Modularity @ETHDenver" event, Renzo co-founder Lucas Kozinski shared his views on "ezETH Restaking."During the event, Lucas introduced the utility of Renzo's LRT token ezETH. Lucas stated that, unlike other protocols that only accept native ETH or LST tokens, Renzo supports users depositing either native ETH or LST tokens, but will only generate one LRT token, ezETH. This move is aimed at preventing liquidity fragmentation and facilitating Renzo's composability around ezETH in various aspects such as DEX, lending, and oracles.Lucas further mentioned that Renzo hopes to integrate with every Layer1 or Layer2, such as Arbitrum, BNB Chain, Mode, Base, etc., but does not want to see liquidity friction or misaligned incentives. Therefore, regardless of the form of ETH or LST deposits Renzo accepts on these networks, users will only receive ezETH as proof.The "SevenX Research Day: Restaked Modularity @ETHDenver" is hosted by SevenX Ventures, co-organized by Mirana Ventures, and supported by EigenLayer, with leading researchers, AVS projects, and founders related to Modularity and Restaking attending to discuss industry frontiers.

ChainCatcher news, the game-specific EVM blockchain Ronin Network has announced the launch of the Lucas (v2.6.2) upgrade and the Shillin hard fork on the Ronin mainnet.It is reported that this Lucas version implements Optimistic Fast Finality (REP-0003) and several protocol improvements in REP-0002. Among them, REP-0003 proposes a new fast finality mechanism aimed at increasing the speed of transaction confirmations on Ronin; REP-0002 describes the process of moving the Bridge to an independent application on Ronin, which will allow the Bridge to be operated by its own set of operators without the need for validators to run.Ronin Network recommends that users running validators or RPC nodes on the mainnet upgrade to Lucas before October 26.