Kraken supports Pineapple in staking Injective's $100M treasury

Turtle, an emerging on-chain liquidity distribution protocol, is solidifying its leadership position in the DeFi ecosystem with a series of breakthroughs over the past few days. The project has just raised an additional 5.5 million USD, bringing its total funding to 11.7 million USD. This new capital not only strengthens its foundation but also expands its network, connecting over 150 of the world’s largest on-chain liquidity providers and more than 360,000 linked wallets. The Turtle community is buzzing with excitement following the launch of the TURTLE airdrop checker tool. Notably, Binance Alpha will be the first to list and airdrop Turtle on October 21. #Coinbay #BinanceAlpha #Turtle #Binance https://lnkd.in/gxjetrRY

**Kraken's $100M Game-Changing Acquisition - Step Towards A Comprehensive US-Based Crypto Derivatives Suite** Kraken makes a strategic move by acquiring CFTC-regulated Small Exchange for $100 million, setting the stage for a robust US-native derivatives product suite. This acquisition allows the leading crypto exchange to offer exchange-listed futures and options under strict US regulatory supervision. Furthermore, it marks Kraken's fourth acquisition in 2025, heightening its presence in the crucial US derivatives market while complementing its existing endeavors in the UK and EU. #CryptoExchange #CryptoDerivatives #USMarket Given this development, how do you see the crypto derivatives market shaping up in the United States?

⚖️💰 VanEck has filed for an ETF tracking Lido's stETH, aiming to provide institutional investors compliant exposure to Ethereum staking rewards. This move comes as the SEC's "Project Crypto" initiative clarifies that proof-of-stake and certain liquid staking activities, like those involving stETH, may not be classified as securities. This regulatory evolution is a significant step, bridging traditional finance with decentralized systems and potentially unlocking substantial institutional capital for the Ethereum ecosystem.

Binance becomes the first platform to support Recall (RECALL) trading on Binance Alpha, with trading scheduled to start at 19:00 UTC+7 on October 15. Binance Futures will also launch the RECALLUSDT perpetual contract at 19:30 UTC+7 on the same day, offering up to 50x leverage for traders. Recall is positioned as a decentralized marketplace where the community funds AI capabilities and autonomous agents compete based on real-world performance. With over 1.4 million users, 155,000 AI solutions, and 9.5 million ranking signals across 11 markets, Recall initially focuses on crypto trading agents before expanding into other sectors. #Coinbay #BinanceAlpha #Recall #BinanceFutures https://lnkd.in/gA6AgthK

Some highlights from our fireside chat with Christopher Larkin of Morgan Stanley at last week's Onchain Brokerage Summit.  In his words: "The world's moving fast. Today we're integrating crypto [...] I'm already on to the next thing: staking, payments, stablecoins." On the future of custody: "We want to be the trusted custodian for all of our clients — today, tomorrow, and 100 years from now. I don't care if it's onchain, off-chain ... it doesn't matter." On tokenization and efficiency: "The number one thing that comes to most minds is the efficiency part of things — the ability to make things efficient, to move throughout the ecosystem, whether that's making a payment or settling things in real time more efficiently." On partnership and execution: "We met with over 100 vendors. Obviously, zerohash was one of those firms. [...] We serve 19 million households at Morgan Stanley in some capacity. The more you can develop the trust of the product and the technology, the more this will grow."

Onchain finance unlocks two superpowers: 𝗽𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗮𝗯𝗶𝗹𝗶𝘁𝘆 + 𝗰𝗼𝗺𝗽𝗼𝘀𝗮𝗯𝗶𝗹𝗶𝘁𝘆 a clear example - onchain synthetic assets and 𝗬𝗼𝘂 𝗱𝗼𝗻’𝘁 𝗻𝗲𝗲𝗱 "𝗱𝗲𝗲𝗽 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆" for every pair 👇 Many modern CLOBs use the same pattern - One "vault" or protocol owned account + selection of oracles + CLOB Trader deposit highly liquid tokens (eg. USDC) into central vault The shared vault backs multiple synthetic markets, oracles set prices, the CLOB matches orders across many synthetic markets Net result: Unified liquidity and far better capital efficiency for long-tail assets (a vast majority of altcoins)

Backed by prominent investors from the digital asset and exchange sectors, DeFi Dev Corp was founded by former Kraken employees who have leveraged their experience to establish a scalable validator infrastructure. This setup supports both the company’s internal staking operations and those of external institutional clients. Read more: https://lnkd.in/dY6w6gVz #crypto #cryptonews #news #newsdesk

Institutional staking, simplified 🏦 Crypto.com Custody now supports Lido’s stETH. The integration enables institutions to securely hold and manage stETH within Crypto.com’s custody platform, combining Ethereum staking exposure with institutional-grade liquidity. Read more → https://lnkd.in/eh6ywizb

This is an excellent list. The crypto space is experiencing significant growth right now. Why Now? - Rates dropping further = cheaper money - Buy vs. Build = quicker time to market - Clearer regulation = easier to attract institutional capital - FOMO = more likely to act now vs. later We are seeing this InvestiFi credit unions and banks that traditionally had limited to no interest in crypto are changing course...

🔥 Kraken is moving into the big leagues: it has acquired Small Exchange, a market with a CFTC Designated Contract Market (DCM) license — the same type held by CME, the world’s largest derivatives exchange. 💱 Until now, even after acquiring NinjaTrader, Kraken couldn’t directly offer derivatives in the U.S.. With this deal, it gains its own fully licensed U.S. exchange under CFTC oversight. 📰 This license allows Kraken to list and trade crypto futures directly in the U.S., fully within American regulatory frameworks. 🦑 It makes Kraken the first crypto platform to combine spot, futures, and custody services in one ecosystem. 🌐 In short, Kraken is evolving into “the CME of digital assets” — with a U.S. license and global ambitions. 🔗 More about Kraken and Secondary Market prices: https://lnkd.in/eZFV67ns The Sky Cliff Platform serves as a comprehensive portfolio monitoring solution for the Late-Stage Private Equity Market (pre-IPO), offering independent informational services. Please note that Sky Cliff Professionals does not provide investment or tax advice. #Kraken #preIPO #PrivateMarket #Undervalued