Zhu Su: The proportion of BTC, USDe, SUI, and SOL's contract investment portfolio should have the same weight

[BlackRock Plans to Launch Dedicated Fund for Stablecoin Issuers] BlackRock plans to launch a money market fund aligned with the GENIUS Act, aimed at supporting stablecoin issuers. The act seeks to establish a regulatory framework for digital assets pegged to the US dollar. (Cointelegraph)

[FSB Warns Crypto Regulatory Arbitrage May Trigger Chain Failures] The Financial Stability Board (FSB) has warned that crypto regulatory arbitrage could lead to chain failures in the global financial system. The FSB pointed out that lax regulations in some countries exacerbate the risks of cross-border flows of crypto assets, threatening overall stability. Previously, the FSB had called for enhanced international cooperation to address systemic risks in the crypto market. (Decrypt)

[Daylight Completes $75 Million Financing for Distributed Energy Network Construction] Decentralized energy network Daylight announced the completion of a total of $75 million in financing, including $15 million in equity financing led by Framework Ventures, with participation from a16z crypto; and an additional $60 million in project development funding led by Turtle Hill Capital. The funds will be used to build a crypto-driven distributed energy network and explore the energy yield protocol DayFi.

[[U.S. September Retail Sales Data Delayed]] [Due to the U.S. government shutdown, the originally scheduled release of the U.S. September retail sales month-over-month rate, PPI month-over-month and year-over-year rates, and October Philadelphia Fed Manufacturing Index at 20:30 Beijing time tonight has been postponed.]

[BlackRock to Launch GENIUS Act-Compliant Money Market Fund This Thursday] According to Synoptic, BlackRock plans to launch a money market fund this Thursday that complies with the requirements of the GENIUS Act, aiming to streamline the reserve custody process for stablecoin issuers.