This Week's News Preview | Binance Wallet Launches First Phase of Prime Sale Pre-TGE Project yieldbasis (YB); Monad Opens Airdrop Claim
Highlights of the week from October 13 to October 19.整理：Jerry，ChainCatcher
Key News:
- Binance Wallet will launch the first phase of Prime Sale Pre-TGE project yieldbasis (YB) on October 13
- Binance Alpha and contracts will launch Yei Finance (CLO) on October 14
- Binance Alpha will launch Enso (ENSO) on October 14
- Coinbase plans to start testing a $5,000 limit for crypto debit card users on October 14
- Monad announces airdrop claims will open on October 14
- Morgan Stanley will lift restrictions on wealth clients holding crypto funds starting October 15
- The U.S. SEC's crypto task force will hold a financial regulation and privacy roundtable on October 17
October 13 (Monday)
According to official news, Binance Wallet's first phase of Prime Sale Pre-TGE will launch yieldbasis (YB).
- Subscription time: October 13, 2025, from 4 PM to 6 PM (UTC+8);
- Subscription eligibility: Eligible users must use Alpha points to participate.
According to Globenewswire, Prestige Wealth Inc. (Nasdaq stock code: PWM; AURE) announced that it has participated in and completed a series of synergistic transactions to launch Nasdaq's first Tether Gold (XAUT) treasury.
These transactions include approximately $100 million in private equity investment (PIPE) financing from Antalpha Platform Holding Company, as well as other recognized investors, including Tether and Kiara Capital, and a three-year priority debt financing of $50 million. The company intends to use most of the net proceeds to purchase Tether Gold (XAUT) as a reserve asset. Upon obtaining the relevant approvals, the company expects to change its name to "Aurelion Inc." and trade under the new stock code (AURE) starting October 13, 2025.
It is reported that the Aurelion Treasury PIPE includes approximately $43 million subscribed by cornerstone investor Antalpha, as well as subscriptions from other qualified investors, including $6 million from Kiara Capital and $15 million from Tether. Total proceeds are approximately $290 million, including $50 million from the facility, about $100 million from PIPE, and $140 million from the full exercise of warrants issued in PIPE, of which $280 million is expected to be used to purchase Tether Gold (XAU₮).
CME plans to launch SOL and XRP futures options on October 13
According to The Block, CME Group plans to launch Solana (SOL) and Ripple (XRP) futures options on October 13, pending regulatory review.
CME stated on Wednesday that the new contracts will cover standard options and micro options for SOL and XRP futures, with expiration dates divided into daily, monthly, and quarterly. The new options aim to provide institutional investors and active traders with greater flexibility in managing their risk exposure to these two cryptocurrencies. Giovanni Vicioso, CME's global cryptocurrency products head, stated that the plan to launch options is due to the "significant growth and increasing liquidity" of SOL and XRP futures.
Portal to Bitcoin announces mainnet launch date as October 13
The Bitcoin-focused protocol Portal to Bitcoin announced on platform X that its mainnet launch date is October 13, 2025.
Previously, Portal to Bitcoin secured $50 million in new financing led by Paloma Investments, bringing the total funding for the project to $92 million.
Strata announces mainnet launch on October 13, pUSDe will be exchangeable for srUSDe or jrUSDe
The Ethena ecosystem risk grading protocol Strata announced that it will launch its mainnet on October 13 and kick off Season 1 point activities, during which two derivative stablecoins with different risk and return levels, Senior USDe (srUSDe) and Junior USDe (jrUSDe), will be introduced around USDe.
Participants from Season 0 will be able to mint srUSDe or jrUSDe using pUSDe and migrate the pUSDe pool on Pendle to the new srUSDe or jrUSDe pool.
October 14 (Tuesday)
Binance Alpha and contracts will launch Yei Finance (CLO) on October 14
According to the official announcement, Binance will open CLO trading on Binance Alpha at 19:00 (Beijing time) on October 14, 2025, and will launch the CLOUSDT perpetual contract (50x leverage) at 19:30 (Beijing time) on the same day. At the same time, Binance will airdrop CLO tokens to eligible users, who need to use Binance Alpha points to claim them between 19:00 on October 14 and 19:00 on October 15, 2025 (Beijing time).
Binance Alpha will launch Enso (ENSO) on October 14
According to the official announcement, Binance Alpha will launch Enso (ENSO) on October 14, and eligible users can go to the Alpha event page to use Binance Alpha points to claim the airdrop after Alpha trading opens. Specific details will be announced separately.
Coinbase plans to start testing a $5,000 limit for crypto debit card users on October 14
Coinbase CEO Brian Armstrong stated that they plan to start testing a $5,000 limit for users of their crypto debit card on October 14 and aim to deploy tiered trading limits for low-risk users by mid-next year, with a maximum limit of $10,000 (or even $100,000).
Aster's new second-phase airdrop checker is live, airdrop will open on October 14
Aster announced that the new Aster Phase 2 airdrop query is live, and users can still choose to claim the airdrop or receive a full refund of S2 transaction fees. The deadline for selecting the claim option is 20:00 on October 13, and the airdrop will open at 20:00 on October 14, with refund applications for transaction fees to be completed by 7:59 on October 16.
Multi-chain trading infrastructure LAB announced the completion of $5 million financing, with participation from Selini Capital, Re7 Capital, Cypher Capital, RedBeard VC, Lemniscap, TVM Ventures, OKX Ventures, Mirana, KuCoin Ventures, Gate Ventures, GSR, Animoca Brands, Presto Labs, MEXC Ventures, Amber Group, and others.
The project will hold a token generation event (TGE) on October 14.
The 0G Foundation announced on platform X that the second-phase airdrop registration is officially open. For testnet contributors, they do not need to undergo KYC, and as the 0G team reviews the appeals of testnet node operators and finalizes the data for on-chain activity airdrops, the airdrops will be automatically distributed to their wallets.
For community participants, the second phase allows users who failed to complete KYC registration in the first phase to register, and also allows users who were mistakenly omitted, selected Discord roles, or were active users of Kaito in the first phase to verify their eligibility. For users who still encounter issues in this phase, a new appeal form will be released next week. Appeals will close at 12:00 UTC+0 on October 14 (Tuesday).
Monad announces airdrop claims will open on October 14
According to the official announcement, Monad has announced that airdrop claims will open on October 14.
October 15 (Wednesday)
Morgan Stanley will lift restrictions on wealth clients holding crypto funds starting October 15
According to CNBC, Morgan Stanley notified its financial advisors on Friday that the company is expanding access to cryptocurrency investments to all clients and allowing such investments in any type of account, including retirement accounts.
Starting October 15, advisors will be able to recommend cryptocurrency funds to any client. Previously, this option was limited to clients with aggressive risk tolerance and assets of at least $1.5 million.
Morgan Stanley will rely on automated monitoring processes to ensure that clients do not overly concentrate their investments in this volatile asset class. The bank's global investment committee recently released a model suggesting that the maximum initial allocation for cryptocurrencies could be as high as 4%, depending on different goals such as "wealth preservation" to "opportunity growth."
October 16 (Thursday)
U.S. SEC delays decision on Bitwise and 21Shares' Solana ETF proposal until October 16
According to The Block, the U.S. Securities and Exchange Commission (SEC) has delayed its decision on whether to approve the Solana exchange-traded fund (ETF) proposal. The SEC stated in a submitted document that the next deadline for the Bitwise Solana ETF and 21Shares Core Solana ETF is set for October 16. Both documents state: "The Commission believes that it is appropriate to designate a longer period to issue an order approving or disapproving the proposed rule change so that the Commission has ample time to consider the proposed rule change and the issues raised therein."
As companies modified their filing documents last month to gain SEC approval, the SOL ETF proposal is making progress. Companies including Proshares, Grayscale, Canary, and 21Shares are all waiting for SEC approval.
October 17 (Friday)
U.S. SEC's crypto task force will hold a financial regulation and privacy roundtable on October 17
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) crypto task force, led by Commissioner Hester Peirce, will hold a public roundtable on "Financial Surveillance and Privacy" in Washington on October 17; this is the sixth roundtable on digital asset issues since the departure of former Chairman Gary Gensler.
The SEC stated that the meeting will discuss introducing specific exemptions and safe harbors for crypto asset offerings and sales, and plans to adjust broker-dealer financial responsibility rules to alleviate compliance burdens in the U.S. Last week, the SEC and CFTC also indicated they would explore coordinated regulation of 24/7 trading hours and spot crypto trading.
Galaxy Digital has secured $460 million in private investment to transform its former Bitcoin mining facility in Texas into a large AI data center.
The transaction involves acquiring 12.77 million Class A shares at a price of $36 per share, with proceeds earmarked for general corporate purposes and expanding its Helios campus, which is expected to provide 133 megawatts of IT capacity by early 2026. The transaction is expected to be completed around October 17, 2025, pending approval from the Toronto Stock Exchange.
October 18 (Saturday)
Grayscale's XRP ETF application was recorded in the U.S. Securities and Exchange Commission (SEC) Federal Register along with four other Solana ETF applications last week. The Solana ETF applications from VanEck, 21Shares, Bitwise, and Canary Capital were submitted on February 18. The recording of the application will trigger a 21-day public comment period, and regulators are expected to decide whether to approve, reject, or further review by October 18. If approved, the XRP ETF will provide users with a regulated investment exposure to XRP.
XRP has surged over 381% in the past 12 months and is currently under scrutiny due to legal and regulatory improvements. Recent recovery drivers include rumors that U.S. banks may use it for internal transactions and speculation on the SEC's long-term stance in the Ripple lawsuit. The SEC sued Ripple in December 2020, alleging it raised $1.3 billion through unregistered XRP sales and classified it as a security based on the Howey test.
B2BINPAY CEO Arthur Azizov stated, "The XRP ETF is highly likely to be launched within the year, depending on the speed of resolution of the legal disputes with the SEC."
Risk warning
Risk warning
