Investors must arrange primary-market in-kind subscriptions through an authorized participant or approved intermediary, incurring facilitator fees and market risk exposure.

Overview Debates Related claims Topics Sources

U.S. spot Ethereum ETFs recorded $155.9 million in net outflows on October 30, 2026, and $431.5 million in weekly outflows for the week ending October 30, 2026

The $155.9 million net outflow from spot Ethereum ETFs on October 30, 2026, marked their largest single-day withdrawal since October 7, 2026

Cc9f267dcNews eventClaim

Itaú Unibanco formalized its request to operate as a virtual asset service provider with the Central Bank of Brazil

Cc9f267dcClaimNews event

Janus Henderson and Centrifuge launched JQQQ, an issuer-sponsored, blockchain-native fund that tracks the Nasdaq-100 Index on the Stellar network

Cc9f267dcClaimNews event

Tether led a pre-seed funding round in Bolivian fintech Peso to expand USDT payments across Bolivia, Brazil, Colombia and Argentina

Cc9f267dcNews eventClaim

Tether signed a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to prepare a pilot proposal for a tenge-pegged stablecoin and an asset tokenization framework

RedotPay raised $194 million in 2025 equity funding, with backing from investors including Goodwater Capital, Pantera Capital, Blockchain Capital, and investment arms of Coinbase and Circle.

Predicate CEO Nikhil Raghuveera stated that Predicate helps digital asset issuers enforce compliance rules when assets trade outside internal systems.

Investment banks JPMorgan Chase, Goldman Sachs, Jefferies, and Barclays are advising RedotPay on its proposed U.S. initial public offering.

RedotPay recorded revenue growth of more than 50% for the first three quarters of 2026 compared to the same period in 2025, alongside operating profit margins exceeding 50%.

Founded in 2023, RedotPay serves over 9 million customers and employs approximately 280 people worldwide while issuing physical and virtual cards for stablecoin transactions.

RedotPay has not publicly finalized or announced a listing venue, share price, offering size, or target trading date for its proposed U.S. initial public offering.

RedotPay is discussing a pre-IPO funding round with investors that would value the cryptocurrency payment company between $4 billion and $5 billion.

Paymentscan data showed RedotPay ranked first among 30 tracked stablecoin payment card programs in October 2026, generating $410.5 million in monthly spending volume.

RedotPay denied Binance's allegations of misusing confidential information and stated in August 2026 that the ongoing litigation would not disrupt its operations or public listing preparations.

Hong Kong-based crypto payments company RedotPay is considering submitting a confidential U.S. initial public offering regulatory filing by the end of 2026.

Predicate embeds compliance screening rules directly into digital assets.

PhotonPay closed a $40 million Series C funding round led by Blockchain Capital to scale its stablecoin-centric platform.

RedotPay's annualized run-rate revenue surpassed $180 million U.S. after reaching a $100 million run rate within 18 months of launching in 2023.

Binance-affiliated entities filed a lawsuit in August 2026 seeking nearly $473 million in damages from RedotPay's founders over alleged misuse of confidential business data to divert 470,000 customers.