Spout to Use Covered Calls for Zero-Interest Loans Against Ondo Stocks
Ondo Finance announced on November 12, 2026 that Spout Finance will support Ondo Stocks as collateral on Solana from the first day of Spout’s launch. Eligible investors outside the United States will be able to borrow USDC against tokenized U.S.…
Securitize Opens BUIDL Facility With $50 Million in Initial Liquidity
Securitize and Ethena Labs launched a liquidity facility for BlackRock’s USD Institutional Digital Liquidity Fund on November 12, 2026, Securitize announced, with $50 million in initial liquidity for eligible investors seeking to transact outside traditional market hours. The opening liquidity…
Membrane Adds Marshall Islands Sovereign Bond to Lending Platform
Membrane Labs and M1X Global said in a November 10, 2026 announcement that USDM1, a US dollar-denominated sovereign bond issued by the Republic of the Marshall Islands and backed 1:1 by short-duration US Treasury instruments, had been integrated into Membrane’s…
Proterra Credit Fund 3 Beats Target With $680 Million Close
Proterra Investment Partners, a global private investment firm focused on the food and agriculture value chain, announced on November 5, 2026 that Proterra Credit Fund 3 had reached a final close with $680 million in capital commitments, exceeding the fund’s…
Ares Credit Funds Close $6.3 Billion in Q3 Direct Lending Commitments
Ares Management Corporation announced on October 29, 2026, that Ares Credit funds (collectively “Ares”) closed U.S. direct lending commitments of approximately $6.3 billion across 55 transactions during the third quarter of 2026. The company also reported approximately $43.4 billion in…
Alpaca Among First Brokers to Adopt DTCC’s New Tokenization Service
Alpaca joined the launch of the DTCC Tokenization Service as one of the first broker partners, according to an announcement the company published on October 29, 2026. Alpaca said it joined the launch on October 28, 2026, and that it…
The Stablecoin Mint-and-Redeem Loop
A first-principles guide to Stablecoin Minting and Redemption, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
State Street Launches Daily NAV Model for Apollo Private Credit Funds
State Street Corporation said on October 28, 2026 that it has implemented a daily net asset value (NAV) operating model for certain private markets strategies, expanding its fund administration capabilities to support daily valuation and reporting for investment strategies that…
BitGo to Add WisdomTree Money Market Fund WTGXX to Mint Platform
BitGo Bank & Trust, National Association, an OCC-regulated digital asset trust bank and a subsidiary of BitGo Holdings, Inc. , announced on October 27, 2026 that eligible institutional clients will be able to access the WisdomTree Treasury Money Market Digital…
SpaceX Lands Roughly $40 Billion NVIDIA GPU Lease Commitment
SpaceX said on October 26, 2026, that it has reached a binding commitment to enter into an approximately $40 billion master finance lease for GPUs and related equipment with an entity managed by Apollo Global Management . The lease will…
Mubadala Capital Draws Apollo Stake, $5 Billion in Expected Commitments
Mubadala Capital, the alternative asset management arm of Mubadala Investment Company, announced on October 26, 2026 that Apollo will take a minority equity stake in the firm and commit capital across its investment strategies. Additional strategic investors, who were not…
DeFi Lending: Collateral, Liquidations, and Bad Debt
A first-principles guide to DeFi Lending, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
DRW and Marex Execute First Canton OTC Swap on Tokenized iBoxx Index
S&P Dow Jones Indices, Kaiko and Derivnex on October 13, 2026 announced the completion of the first over-the-counter (OTC) swap transaction on the Canton Network. The total return swap, executed on Derivnex between DRW and Marex, references S&P DJI’s iBoxx…
Proof of Reserves Is Not an Audit
A first-principles guide to Proof of Reserves, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
Tikehau Capital Brings Private Credit ELTIF to iCapital Marketplace
Tikehau Capital announced on October 6, 2026, the expansion of its partnership with fintech company iCapital, making a Tikehau Capital European private credit strategy available through iCapital Marketplace. The addition broadens the platform’s offering of evergreen and ELTIF 2.0 investment…
