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Crypto

OKX-ICE joint venture to open tokenised stock exchange using SEC \'innovation exemption\'

OKX and Intercontinental Exchange’s joint venture, OKXICE, plans to open a tokenised securities trading platform. The Block reported that OKXICE notified the U.S. Securities and Exchange Commission it will use an innovation exemption programme to launch the venue. OKX said only authorised users will be able to participate, trading tokenised shares of about 60 U.S.-listed companies on the X Layer blockchain.

Crypto

Bitcoin, ether shake off first-half slump; what conditions for a fourth-quarter rally?

Bitcoin rose 42.71 percent in the third quarter, its highest third-quarter return in nine years, while ether gained 70.8 percent for its best third quarter on record. The broader altcoin market also rebounded as institutional money returned and policy expectations lifted sentiment. Spot bitcoin ETFs saw $6.49 billion of net inflows in the quarter, and spot ether ETFs also drew funds. Markets are watching the Oct. 27-28 FOMC meeting and whether bitcoin holds $80,000.

Crypto

Evernose, major XRP holder, nears Nasdaq listing under ticker XRPN

Evernose Holdings, a treasury company with large XRP holdings, has entered final approval steps for a Nasdaq listing through a merger with SPAC Armada Acquisition Corp II. The combined company is expected to trade under the ticker XRPN and hold about 473 million XRP provided directly by Ripple. It has secured investment commitments of more than $1 billion from institutional investors. The deal’s closing timing is presented as the fourth quarter of 2026.