[Jim Pallotta Family Office Plans to Launch $200 Million Blockchain Fund] According to a Bloomberg report on October 6, the family office of U.S. hedge fund veteran Jim Pallotta, Raptor Group, plans to launch a second venture capital fund focused on blockchain and other cutting-edge technology sectors, with a fundraising target of $200 million. The first fund raised $60 million in 2023 and received support from a division under Abu Dhabi's Mubadala. The new fund is expected to launch in the coming weeks. Raptor Digital declined to comment.

On October 6, Standard Chartered Bank predicted that the global stablecoin market cap would reach $2 trillion by the end of 2028. The bank expects that within the next three years, approximately $1 trillion in funds may shift from emerging market bank deposits to stablecoins, as they provide users with a low-friction way to gain exposure to the U.S. dollar. Standard Chartered noted that stablecoins have already become the 'dollar-denominated bank accounts' in emerging markets. Despite the U.S. GENIUS Act restricting compliant issuers to zero yields, this trend could still accelerate.

Binance has announced the addition of Aster (ASTER) to multiple services, including margin trading, officially launching on 2025-10-06 at 20:00 (UTC+8). Notes: - Newly listed tokens may experience significant volatility; users are advised to adopt strict risk management strategies. - For the latest information on margin assets, limits, collateral rates, and fees, please refer to the Margin Data page.