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
- HSBC Names Hong Kong Stablecoin RedCoin, Targets P2P and P2M Payments
The bank plans a phased rollout, starting with person-to-person and person-to-merchant payments before expanding to business finance and corporate users.
· Business
- Pump.fun App Combines Social Trading With Token Launches
The app supports token discovery, launches, alerts, messaging and in-chat trading, while fee documents list separate charges for pools, mobile transactions and EVM activity.
· Business
- Digital Commodities Moves C$100,000 From Gold Into Solana
The Canadian company said the purchase equals about 5% of its estimated net asset value while retaining 11 Bitcoin and cash as its reserve foundation.
· Business
- OKX Schedules CT/USDT Spot Trading for 6 a.m. ET Sept. 30
CT withdrawals are scheduled to open at midnight ET, followed by a one-hour call auction before spot trading begins.
· Business
- MAX Schedules Aptos-Network USDT Support for Four Crypto Assets
Deposits and withdrawals for Tether’s USD₮ (USDT) are scheduled to open Sept. 28, followed by USDT trading for HYPE, GRAM, APT and RENDER on Sept. 30.
· Business
- Binance Alpha Plans Concrete (CT) Launch on Sept. 30 With Airdrop
Eligible users can claim the Concrete airdrop with Binance Alpha Points through the Alpha Events page after trading opens.
· Business
- OpenAI Launches Marketplace for Enterprise Software Commitments
Eligible customers can apply part of their spending on products from 32 partners, including Adobe and Figma, toward agreed OpenAI consumption commitments.
· Business
- Kalshi Plans to End Its Volume Incentive Program on Oct. 13
The program was designed to improve order-book liquidity and pricing efficiency across Kalshi markets. Rewards will stop after the termination takes effect.
· Business
- Binance Will Add Seven bStocks Spot Trading Pairs Sept. 30
The launch includes zero-fee Binance Convert access for one hour and zero maker fees through Oct. 31.
· Business
- Meta Hires MongoDB CEO as MDB Shares Sink 18.46% in One Session
CJ Desai will lead Meta Enterprise Platform, which will sell AI tools including Muse agents and Muse API to businesses and developers.
· Business
- Abracadabra Moves to Shut Down MIM as Backing Falls Below 4 Cents
The proposal would liquidate the protocol’s remaining assets, convert collateral into Ether and distribute proceeds to MIM holders.
· Business
- Jeonbuk Bank Completes Solana Stablecoin Cross-Border Remittance Test
The Korean bank used a private Solana channel and kept counterparties and transfer amounts off the public blockchain during the proof of concept.
· Business
- Bybit Completes Deloitte SOC 2 Type II Audit of Security Controls
The review examined Bybit’s governance, technology, processes and personnel over a defined period.
· Business
- Bitcoin Japan Completes First Purchase of 11.9188 BTC
The company bought the Bitcoin at an average price of $83,857.43 and plans further purchases under a ¥662 million investment cap.
· Business
- Jumper Raises About $16 Million in Legion Token Sale
Demand reached nearly eight times the available allocation, and the sale is scheduled to close Oct. 2.
· Business
- Strive Adds 1,107 Bitcoin, Lifting Holdings Above 27,400 BTC
The purchase raised Strive’s holdings to 27,462 BTC as CEO Matt Cole pursues a higher ranking among corporate Bitcoin holders.
· Business
- Citi Brings Stablecoin Payments Into Corporate Accounts With Coinbase
Businesses can receive and settle USD Coin through Citi’s Spring platform and Coinbase’s Virtual Accounts without directly managing crypto assets.
· Business
- Multicoin Capital Invests in Grass as GRASS Briefly Tops 0.8 USDT
The investment amount was not disclosed. GRASS later traded at 0.72 USDT, up 23.76% over 24 hours.
· Business
- Morph Joins Mastercard Crypto Program to Explore Stablecoin Payments
The work will examine stablecoin collection, payments and settlement for Web3 businesses, institutions and freelancers serving customers worldwide.
· Business
- Binance Begins Moving Crypto to Spot Accounts Ahead of 2027 Stocks Rename
The staged migration runs through January 2027, when Funding Accounts will become Stocks Accounts for stock and stock-options settlement.
· Business
- Multicoin Capital Invests in Grass, a DePIN Bandwidth Network
The project incentivizes users to share unused internet bandwidth with AI labs that collect and process publicly available internet data.
· Business
- Koch Weighs Sale of Edged Above $15 Billion After Multiple Bids
Koch Real Estate Investments is working with Goldman Sachs and Newmark to evaluate buyer interest in the U.S. data-center developer.
· Business
- Tesla Signs $30 Billion Financing Package With Credit Lines
The package includes $20 billion in delayed-draw term loans, an $8 billion five-year revolver and a $2 billion 364-day revolver.
· Business
- Binance Opens HYPE Spot Trading, Excluding U.S. Residents
Trading began Sept. 24 across three pairs, while Changpeng Zhao said competition between centralized and decentralized exchanges can expand crypto adoption.
· Business
- Lumia Community Votes on 0.09 USDT Buyback for HyperNode Rewards
The proposed one-time purchase would cover about 18 years of remaining rewards and transfer recovered LUMIA to a new foundation growth initiative.
· Business
- Kraken Plans to List WOJAK Community-Takeover Token Sept. 30
WOJAK represents a community takeover of Feels Guy, a bald, melancholy MS Paint image circulated on image forums since 2009.
· Business
- Robinhood Plans Crypto Perpetuals and Weekend Stock Trading
The platform will offer eligible U.S. users Bitcoin and Ether perpetual contracts with up to 10x leverage, alongside AI-powered trading tools.
· Business
- Robinhood Begins U.S. Crypto Perps Rollout With Up to 10x Leverage
The initial offering covers eight perpetual futures contracts through Robinhood Derivatives and Bitstamp, with broader access planned in the coming months.
· Business
- Robinhood Expands Active Trading With AI Accounts, Crypto Futures
The company launched an equities-only Agentic Trading beta in May and offers crypto perpetual futures to eligible European customers.
· Business
- Hut 8 Secures $1.07 Billion Revolving Credit Facility
The four-year facility was undrawn at closing, with liquidity requirements of 40% before the Stabilization Date and 25% afterward.
· Business
- CME Group Launches Micro SUI Futures at One-Tenth Contract Size
The new contract tracks Sui (SUI) and is sized at 10% of CME Group’s standard SUI futures contract.
· Business
- EliseAI Announces $350 Million Funding Round at $4 Billion Valuation
The housing and health care software company’s valuation has doubled since its Series E round last August.
· Business
- 5C Group Considers IPO After Announcing $835 Million Financing
Hypertec Group CEO Simon Ahdoot said further discussions could follow the close of the company’s current financing round. No listing timetable, exchange or offering size has been disclosed.
· Business
- Nvidia Authorizes Record $150 Billion Share Buyback Increase
The authorization lifts Nvidia’s remaining repurchase capacity to $235 billion, with execution planned through fiscal 2028.
· Business
- Tesla Says It Is Securing Up to $30 Billion in Debt Capacity for AI Investments
The proposed facilities would support AI computing, robotaxis, Optimus production and semiconductor manufacturing, but Tesla has not confirmed that the borrowing package was finalized or drawn.
· Business
- Bastion Says Sony Bank Stablecoin Plan Reflects Enterprise Payment Demand
Sony Bank is considering a U.S. dollar stablecoin business for Sony Group companies in North America, with Bastion handling planned issuance, reserves and custody.
· Business
- Lemon Will Exit Brazil and End Lemon Card Service Sept. 30
The Argentine crypto exchange will automatically close all Brazilian accounts Oct. 16 after deciding local licensing capital requirements were disproportionate to its business scale.
· Business
- Coinbase Lists Concrete Token Page but Does Not Enable CT Trading
The page identifies Concrete (CT) on Ethereum but shows zero circulating supply and insufficient market data, with no confirmed trading or deposit date.
· Business
- American Bitcoin Loses 92% Since Reverse Merger, Outpacing Bitcoin
The Hut 8-owned mining company recorded more than $288 million in net losses across 2025 and the first half of 2026.
· Business
- El Salvador’s Bitcoin Office Denies Government Backing for Sivar App
Sivar is built by Modveon with Coinbase infrastructure for stablecoin remittances between the United States and El Salvador.
· Business