Visa expanded its stablecoin settlement network, Ripple confirmed an upcoming leadership transition, and Grayscale announced new funding for Zcash. Here are 14 announcements and company disclosures from November 10, covering institutional adoption, security, tokenization, DeFi and quarterly earnings.
Visa Adds Monad for Stablecoin Settlement
Participating Visa card issuers and payment processors can now settle their obligations using stablecoins on Monad, the Monad Foundation announced. The integration adds another blockchain option to Visa’s settlement program, while functionality designed to protect sensitive transaction details is planned for the coming months.
Ripple Names Noel Kimmel to Succeed Marc Asch
Ripple confirmed that Marc Asch will leave Ripple Prime at the end of 2026, with senior vice president Noel Kimmel taking over the business. Asch founded Hidden Road, the institutional brokerage Ripple acquired for $1.25 billion in 2025 and subsequently renamed. Ripple Prime provides trading, financing and clearing services across digital assets and traditional financial markets.
Binance Issues Warning About iPhone Wallet Security
Binance warned that an iOS vulnerability called “worse_query” could allow malicious applications to access files belonging to other apps, potentially exposing wallet credentials. Whether sensitive information can be recovered depends on how individual applications store and protect their data. The exchange said it had not identified any confirmed cryptocurrency thefts involving this vulnerability.
Grayscale Commits $1 Million to Zcash Initiatives
Grayscale introduced Zcash Invest, an education and marketing platform, and pledged $1 million to organizations supporting the Zcash ecosystem. It has already allocated $400,000 across four recipients: the Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs and Project Tachyon. The campaign also promotes Grayscale’s existing Zcash exchange-traded product, ZCSH.
Moody’s and Chainlink Complete Credit-Ratings Pilot
Moody’s Ratings and Chainlink announced a completed trial exploring how credit information could reach several blockchains simultaneously. The experiment connected Moody’s distribution technology with Chainlink’s interoperability protocol, using sample data on test networks. Actual rating decisions and live publication systems were outside the scope of the trial.
Standard Chartered and 24X Expand Into Bitcoin and Ethereum Trading
24X announced that its prime brokerage partnership with Standard Chartered will now cover Bitcoin and Ethereum alongside existing foreign-exchange products. Under the arrangement, institutional counterparties face Standard Chartered, while 24X supplies the trading platform and manages order matching and processing. The expansion brings crypto trading into a workflow already used for the partners’ traditional-market services.
Plume Affiliate Announces U.S. Broker-Dealer Registration
Kimber Digital Securities, a Plume affiliate, announced that it had obtained SEC broker-dealer registration and FINRA membership. The company plans to offer blockchain-based access to regulated investments and securities entitlements, including claims associated with stocks, ETFs and bonds. Its platform is targeting the first half of 2027 for launch.
Alta Raises $47.5 Million for Institutional Blockchain Infrastructure
Alta disclosed a $47.5 million Series A led by Index Ventures, bringing its total funding to $80 million when earlier seed financing is included. The company is developing blockchain infrastructure with privacy, identity and compliance controls for financial institutions. Airwallex is an early partner, with plans to connect its payments network to Alta’s infrastructure.
Jupiter Announces Four Product Releases
Jupiter outlined upgrades spanning token discovery, portfolio baskets, yield vaults and portfolio management, with deployment scheduled over the following days. Users will be able to purchase baskets through a single SOL or USDC deposit, while the updated portfolio interface adds actions such as trading and lending. Jupiter Vaults will initially operate as a private beta for eligible participants, with strategies run by independent curators.
Walt Launches an App Outside Telegram
Walt, previously known as Wallet in Telegram, launched a standalone application that allows the platform to operate beyond the messaging service. Its offering includes cryptocurrencies, tokenized stocks and ETFs, yield products, and perpetual futures linked to several asset classes. Existing customers can continue accessing the service through their Telegram accounts.
Bitdeer Reports Higher Revenue and a Larger Quarterly Loss
Bitdeer’s newly released third-quarter results showed revenue of $320.7 million, an 89% increase from a year earlier, alongside a net loss of $125.5 million. The loss included a $54.6 million noncash adjustment related to the valuation of a digital-asset loan. Bitcoin production reached 3,855 BTC during the quarter, compared with 1,109 BTC in the same period of 2025.
Canaan’s Revenue Falls Despite a Return to Net Profit
Canaan reported third-quarter revenue of $14.5 million, approximately 90% below the year-earlier level, as mining-equipment sales weakened. The company nevertheless recorded $8 million in net income, helped by valuation gains on cryptocurrency holdings and financial derivatives. Its operating loss widened to $42.9 million, showing that the reported profit did not reflect an improvement in underlying operations.
eToro Announces Lower Profit and a $250 Million Buyback
eToro reported third-quarter net income of $15 million, down 74% from a year earlier, and announced a $250 million share repurchase program. Reduced cryptocurrency trading was the main reason its net contribution declined 13% to $186 million. Funded accounts increased 18% to 4.39 million, even as weaker trading activity weighed on financial performance.
TON Strategy Discloses Staking Revenue and Treasury Losses
TON Strategy reported $13.1 million in third-quarter revenue, primarily generated through staking its GRAM holdings. At September 30, the company held approximately 235.1 million GRAM, with 232.9 million deployed in staking. Its results also included a $27.2 million unrealized loss on those holdings, illustrating how token-price changes affected the treasury alongside staking income.