Multi liquid, a tokenized asset settlement platform, has raised $8 million in funding

The Swedish central bank suggests that the parliament prepare relevant legislation for the launch of the digital krone, citing reasons such as the European Central Bank's promotion of the use of digital euros and foreign currency stablecoins. The Swedish central bank stated in a letter to the parliamentary finance committee on October 7th that the European Central Bank plans to launch a digital euro pilot in 2027 and may launch it to the public in 2029. The Swedish central bank pointed out that the lack of a digital version of the domestic currency in the payment system will affect competitiveness. Foreign currency stablecoins such as the US dollar peg are widely used for payments within Sweden, putting pressure on the use of the Swedish krona. The Swedish central bank estimates that it will take at least five years to launch the digital krona, excluding the time required for legislative changes.

Binance US plans to conduct a $100 million private equity financing at a valuation of $1 billion. (Source: Bloomberg)

Patrick Collison, co-founder of Stripe, stated that after joining Stripe, Privy's wallet assets increased by about 25 times, monthly active developers increased by about 3 times, revenue increased by about 9 times, and nearly $25 billion in monthly transactions were facilitated. Ramp, Deel, Klarna, Hyperliquid and other enterprises are building embedded banking functions based on Privy. Stripe is integrating Privy into Treasury, Link, and Connect, and plans to launch Link balance functionality. The Privy wallet infrastructure now supports AI agents such as Merit Systems and Nevermined to conduct transactions and earn income. Both parties are building a unified API to support stablecoin balances, fiat currency transfers, and bank card payments.

Coinbase Assets announced on the X platform that it will temporarily suspend trading of Neon EVM (NEON) and Syndicate (SYND) on November 17th at around 3:00 am (UTC+8), covering Coinbase.com, Coinbase Exchange, and Coinbase Prime. Currently, the NEON order book has been switched to limit only mode, and users' NEON and SYND assets can still be accessed and withdrawn normally.

Financial services company Charles Schwab has launched retail transactions for Bitcoin and Ethereum, managing $13.33 trillion in customer assets and having 40.3 million active brokerage accounts. CEO Rick Wurster stated that the company is gradually opening up cryptocurrency transfer in and out functions, and plans to add Solana, Avalanche, and Chainlink transactions by the end of 2026. The trading fee for Schwab Crypto is 0.75%, with a single transaction limit of $1 to $2 million. Currently, it is not open to the state of New York, Louisiana, US territories, or international markets. (Source: Bitcoin.com News)