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OKX - FARTCOIN is currently priced at $1.39, with a 24-hour increase of 46.02%. 24-hour transaction volume of 1 billion US dollars, up 48.94%, for reference only
[Australian ASIC Chair Warns Capital Markets May Fall Behind for Not Embracing Tokenization Technology] Joe Longo, Chair of the Australian Securities and Investments Commission (ASIC), stated during a speech at the National Press Club that if Australia fails to actively adopt emerging technologies, including tokenization, its capital markets may risk being overtaken by other countries. He pointed out that as global markets accelerate innovation, Australia could become a 'land of missed opportunities' or merely passively accept developments from abroad. Boston Consulting Group (BCG) estimates that over $35.8 billion worth of real-world assets have already been tokenized on-chain, with this figure expected to grow to $16 trillion by 2030; McKinsey offers a more conservative forecast of $2 trillion. Meanwhile, U.S. market regulators have introduced the concept of 24/7 trading, and financial leaders such as BlackRock CEO Larry Fink are advocating for asset tokenization as a solution.
[Ondo Finance Appoints Former McKinsey Executive Ian De Bode as President] Ondo Finance announced that Ian De Bode, former head of McKinsey's digital asset business, has officially taken on the role of company president. Ian De Bode brings extensive strategic management experience in the digital asset sector, and this appointment aims to further drive Ondo Finance's growth and innovation in the decentralized finance (DeFi) space.
[Cipher Mining Issues $1.4 Billion High-Yield Bonds for Data Center Construction] Cipher Mining announced the issuance of $1.4 billion in high-yield bonds to support its data center construction plans related to Google. The financing involves the issuance of 5-year senior secured notes by its subsidiary, which are non-callable for the first two years and carry a coupon rate of 7.125%. Morgan Stanley serves as the sole lead underwriter. Cipher Mining and TeraWulf have transitioned from Bitcoin mining operations to data center management, driven by the growing demand for AI computing power. The funds raised will be used for the construction of the Barber Lake data center facility near Colorado City, Texas.
[Block's Bitcoin Revenue Reaches $1.97 Billion in Q3, Accounting for Nearly One-Third of Total Revenue] Block Inc. achieved approximately $1.97 billion in Bitcoin revenue in the third quarter of 2025, accounting for nearly one-third of its total revenue of $6.11 billion. Despite an 18% year-over-year increase in gross profit, some financial metrics fell short of market expectations, causing the stock price to drop more than 9% in after-hours trading. As of the end of the quarter, Block held 8,780 Bitcoins, with a total value exceeding $1 billion.
[Over 75% of Tesla shareholders approve Musk's trillion-dollar compensation plan] Tesla shareholders have approved a compensation plan worth up to $1 trillion with over 75% of the votes. Under the plan, Musk will receive up to $878 billion in incentive compensation over 10 years. Musk will be granted up to $1 trillion in stock but is required to pay a portion to Tesla. Analysts believe this vote will benefit Tesla's stock performance, as its valuation relies on Musk's vision for advancements in autonomous driving, robot taxis, and humanoid robot development.