Bloomberg: New Cryptocurrency ETF Debuts in U.S. Amid SEC Halt

On Tuesday, October 29th, OpenAI announced that it has completed a capital restructuring. This restructuring has streamlined the company's architecture, with the nonprofit organization still maintaining control over the for-profit entity. This arrangement will allow OpenAI to separate from the nonprofit foundation and potentially pursue an IPO. OpenAI CEO Sam Altman stated, "Given the company's future capital requirements, an IPO is the most likely course."

On October 29th, as reported by TheBlock, the tokenization service provider Securitize announced its intention to go public in the US through a Special Purpose Acquisition Company (SPAC). The pre-listing equity valuation of the company is $1.25 billion. This SPAC is sponsored by an affiliate of Cantor Fitzgerald. The post-merger company will be rebranded as Securitize Corp. and listed on Nasdaq under the stock symbol SECZ. It also plans to tokenize its own equity. As part of the listing procedure, Securitize aims to raise $469 million, among which $225 million will come from a Private Investment in Public Equity (PIPE). Existing shareholders like ARK Invest, BlackRock, and Blockchain Capital, etc. will roll over 100% of their equity into the post-merger company.

On October 29th, as per the monitoring of OnchainLens, the Bitcoin OG whale Owen Gunden made a deposit of 1,447.56 BTC into Kraken, which was valued at $163 million. Additionally, he transferred 2,361.73 BTC (worth $266 million) to a new wallet address.

October 29th. As per CNBC, Donald Trump Jr, the son of former President Donald Trump, established a private club named "Executive Branch" in Washington D.C. in April of this year. The membership fee reaches as high as $500,000, and the founding members comprise White House crypto advisor David Sacks, crypto exchange Gemini co-founders the Winklevoss brothers, and tech investor Chamath Palihapitiya. The club only accepts founder recommendations and conducts rigorous screening of membership applications. "Executive Branch" was co-founded by Donald Trump Jr and executives from 1789 Capital, an investment firm to which Donald Trump Jr. joined as a partner last year. Sources disclosed that in addition to the $500,000 membership fee, the club will also impose an annual fee, with the specific amount remaining undisclosed. The role that "Executive Branch" plays in the Washington social and political circles may be analogous to the Trump International Hotel in Washington D.C. during the first

On October 29th, Coinbase will remove the trading pairs of MASK-USDT, MASK-EUR, MINA-USDT, GMT-USDT, AXS-BTC, and SNX-BTC.

On October 29th, the Cosmos cross-chain smart contract platform Neutron officially made an announcement. The Bitcoin Summer Vault on Ethereum will close on November 1st, and depositors have 4 days remaining to withdraw their funds.