TokenPost reporter
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Stories by John Kim
- Destro AI Raises $8 Million to Expand Warehouse Robot Coordination
The Brooklyn-based company will use the seed funding for enterprise deployments, product development and engineering and research hiring.
· Business
- Hyperliquid Labs Plans $320 Million HYPE Unlock for OTC Sale
The tokens are intended for a monthly team distribution and would be sold over the counter to an institution on Sept. 30.
· Business
- Hyperliquid Labs Plans to Unstake 3.75 Million Tokens Sept. 30
The tokens are tied to an over-the-counter transaction with an institutional buyer and are scheduled for distribution to team members on Oct. 7.
· Business
- DTCC, Citi and Swift Say Interoperability Is Key to Tokenization
A joint white paper outlines a connected system linking traditional infrastructure, private networks and public blockchains as tokenization moves toward implementation.
· Business
- Tempo Plans Native Open USD Issuance for Business Payments
The planned integration would bring Open USD to a payments-focused Layer 1 blockchain supporting stablecoin-denominated fees, payment-specific metadata and rapid block finality.
· Business
- Open USD Stablecoin Launches on Four Networks With Free Minting
Bridge issued OUSD for deployment on Base, Ethereum, Solana and Tempo. Coinbase plans to add support Oct. 1.
· Business
- Stripe-Backed Bridge Launches OUSD Stablecoin for Businesses
OUSD supports 1:1 minting and redemption through Mastercard, Stripe and Visa platforms, with Coinbase support scheduled to begin Oct. 1.
· Business
- AI Voice Startup ElevenLabs Doubles Valuation to $22 Billion
The company’s new valuation is twice the $11 billion level attached to its previous funding round.
· Business
- Goldman Sachs’ $105 Billion Treasury Fund Gains Lynq Access
Qualified U.S. participants can access institutional shares of the conventional money-market fund through tZERO’s digital-asset settlement network.
· Business
- Anthropic Files Confidential IPO Registration Statement With SEC
The Claude developer confidentially filed a draft IPO registration statement with the SEC on June 1, but timing, valuation and offering terms remain unsettled.
· Business
- Gate Opens CT/USDT Trading With 1 Million CT Launchpool Campaign
The campaign runs through Oct. 21, with rewards distributed hourly across USDT, GT and CT staking pools.
· Business
- Restate Raises $20 Million to Expand Durable AI Infrastructure
The Series A will fund hiring and expansion in the San Francisco Bay Area as the Berlin-based startup takes on Temporal.
· Business
- Linka Says It Completed Peru’s First Fully Documented Stablecoin-Paid Import
The Tether-backed Peruvian fintech used Tether USDt and USD Coin for settlement while customs, trade documents and tax obligations remained unchanged.
· Business
- Hyperion DeFi Opens Institutional Credit Facility With Staked HYPE
The facility runs through HyperLend’s Aviya Finance platform on Hyperliquid, using HYPE held by Anchorage Digital Bank as collateral.
· Business
- Bastion Trading Urges SkyAI Board Changes After Investor Rebukes
The shareholder group owns about 9.99% of SkyAI and questioned $5 million in first-half consulting fees paid to Sol Edge.
· Business
- Evernorth Advances $1 Billion XRP Treasury Plan Toward Nasdaq Listing
Armada shareholders are scheduled to vote Sept. 30 on the proposed merger, which would create a public company trading under XRPN if completed.
· Business
- Securitize Adds ADI Chain Support for Tokenized Financial Products
The integration will expand Securitize’s multichain infrastructure for eligible products that meet regulatory, product and jurisdictional requirements.
· Business
- Coinbase Sets Oct. 1 Deribit Migration With 60-Minute Downtime
Institutional clients will have orders canceled, balances transferred and positions recreated as Coinbase consolidates its derivatives business on Deribit.
· Business
- U.S. Private Employers Added 90,000 Jobs in September After August Slowdown
Hiring accelerated from a revised 36,000-job increase in August and exceeded the 68,000 expected gain, offering a fresh labor-market signal for rate expectations.
· Business
- BAG Ventures Filings Show $8.94 Million in Reported Fund Sales
Two Form D/A filings list sales across BAG Ventures Fund I and Fund I-A as of Oct. 10, 2025, while the firm targets early-stage enterprise AI companies.
· Business
- Michael Saylor Says Stronger Bitcoin Credit Issuers Could Lift Sector
Saylor said Strategy and Strive share a capital structure built around Bitcoin, digital credit and digital equity, despite competing for some investments.
· Business
- U.S. Holiday Retail Sales Projected to Top $1 Trillion as Inflation Drives Growth
Spending is expected to rise 4.5%, but inflation will account for most of the increase as shoppers seek discounts and adjust buying habits.
· Business
- Gate to Cover Losses for About 200 BEN Contract Accounts
A naming error in a dividend-related funding-fee calculation triggered liquidations involving about $2.59 million in positions.
· Business
- Tether’s Excess Reserves Fell 50% During the Second Quarter
Tether’s cushion fell to $4.11 billion by June 30 from $8.23 billion three months earlier, while liabilities changed by about $106 million.
· Business
- Apple Launches Apple Pay in India With Axis Bank Cards First
The rollout makes India the 101st country or region where Apple Pay is available, nearly 12 years after the service debuted.
· Business
- Sky’s USDS Supply Reaches $10.04 Billion as of June 30
USDS supply rose 96.9% year over year, while Sky Agents deployed more than $5.5 billion through Sky Protocol into institutional strategies.
· Business
- Dan Ives Plans $200 Million Fund for Private AI Companies
Ives Ultra AI Opportunities Inc. plans to sell 20 million shares at $10 each and seek a New York Stock Exchange listing under IVAI, subject to exchange approval.
· Business
- Anthropic Draft IPO Filing Shows $4.6 Billion Revenue, $518 Billion Commitments
Revenue grew about 12-fold in 2025, but operating losses exceeded $8 billion and computing costs surpassed annual sales.
· Business
- Tom Lee Responds to Zhao as Bitmine Reports 6 Million Ether
Bitmine held 6,001,302 Ether worth approximately $16.2 billion based on a $2,698 price as of Sept. 27.
· Business
- Bitget Lists 131% Reserve Ratio Across 19 Asset Categories
The exchange listed reserve ratios of 142% for Bitcoin, 110% for Ether, 107% for Tether and 154% for USD Coin.
· Business
- Metaplanet Independent Directors Defend Series 10 Warrant Plan
The directors said executives paid fair value for the warrants and face vesting, lockup and exercise restrictions as shareholders question dilution and governance.
· Business
- Jeeves Completes $110 Million Equity Raise for Stablecoin Banking
CoinFund led the round, with participation from Andreessen Horowitz, Coinbase Ventures, AllianceBernstein, GIC and Y Combinator.
· Business
- OKX Reports Reserve Ratios Above 100% Across 22 Crypto Assets
The exchange’s 47th disclosure values its major cryptocurrency holdings at $27.4 billion and continues a monthly reporting practice that began in November 2022.
· Business
- Instinct Raises $1 Billion at $10 Billion Valuation in Series C
The personal AI-agent startup raised $250 million at a $2.5 billion valuation about one month earlier as Meta expands its Muse assistant in the U.S.
· Business
- AllUnity Is Launching MiCA-Regulated U.S. Dollar Stablecoin USDAU
The fourth fiat-backed token in AllUnity’s lineup will target a 1:1 dollar peg and launch on Ethereum, Solana, Base, Tempo, Arc and Polygon.
· Business
- Telegram Renames Wallet Service Walt, Plans Crypto Card and AI Tools
Walt will retain its existing trading, investment, yield and cross-chain services while Telegram develops new crypto products.
· Business
- Soneium, DayOneDream Plan Tokenized K-Pop Products Through WAVIST
The companies have not named an initial artist, asset, offering size or launch date. Existing WAVIST investment products are unavailable to U.S. persons under Regulation S.
· Business
- Offramp to Stop Crypto Withdrawals as Platform Winds Down Operations
The cross-border crypto platform serving Latin American freelancers has already disabled transfers, QR payments, deposits and investments.
· Business
- PhotonPay, DFNS Link Wallet Infrastructure to Global Stablecoin Payments
The integration will connect fiat and stablecoin rails for collections, payouts and treasury management across borders.
· Business
- Coinbase Teases Pokémon-Related Digital Packs Linked to Physical Cards
The concept appears designed to let customers reveal cards digitally while corresponding physical cards remain in storage for possible later delivery.
· Business