Cloud service provider Lambda plans to raise up to $4 billion in its final round of funding before its initial public offering, led by Blackstone Group and Coatue. This round of funding values Lambda at $14.5 billion.

North Carolina Congressman Don Davis has proposed the "Prohibition of Voting on Your Own Election Act," which aims to prohibit federal election candidates, campaign teams, their spouses, and children from buying, selling, or holding political contracts related to their own elections. Violators face a maximum civil fine of $10000 or confiscation of three times their potential profits. The bill cannot be reviewed before the 2026 midterm elections.

Startale Japan Co. Ltd. has launched a digital corporate bond, with interest and principal paid in Japanese yen stablecoin JPYSC. This bond is aimed at individual and corporate investors in Japan. JPYSC is issued and managed by SBI Shinsei Trust Bank, with SBI VC Trade serving as the issuing trustee and Startale Group providing underlying technology. Startale Group CEO Chuang Watanabe stated that the bond tests the application of JPYSC in actual interest and principal payments. (Source: Bitcoin.com News)

Ferrari's tokenized stock $RACE has been launched on the Solana network through Sunrise Asset Gateway, issued by Backpack Securities, effective October 6th. Each $RACE is supported 1:1 by one actual Ferrari stock, and holders can redeem it as traditional equity through Backpack Securities. The token supports venues such as Phantom, Jupiter, and Raydium, supports 24/7 trading, and can participate in dividends and company activities. The Backpack plan will increase the number of tokenized stock codes on Solana from approximately 200 to 10000. (Source: CryptoBriefing)

The US government wallet transferred 833 BTC and 40285 BNB to unmarked addresses within nine hours, with a total value of approximately $103 million (source: Arkham).