Japanese financial giant SBI Holdings has finalized its full acquisition of crypto exchange Bitbank, making it a wholly owned subsidiary. The transaction involved Bitbank repurchasing its own shares from previous investors MIXI and Ceres. As part of the management reshuffle, SBI VC Trade president Tomohiko Kondo will join Bitbank's board, while Bitbank CEO Noriyuki Hirosue is expected to take an outside director role at SBI VC Trade. The move consolidates SBI's position in Japan's regulated crypto trading market.

South Korea's Financial Services Commission has published a draft revision that would allow traditional securities including stocks, bonds, and funds to be tokenized on distributed ledgers. Under the proposed rules, electronic securities would require participation from an electronic registration institution and at least two account management institutions. The FSC also plans to let securities issuers act as issuer account managers, provided they hold minimum capital of 40 billion won and maintain dedicated compliance and IT personnel. This marks a significant step toward mainstream securities tokenization in Korea.

SoftBank Group has completed its third and final additional investment of $10 billion in OpenAI through Vision Fund 2. The Japanese conglomerate's cumulative investment in OpenAI now totals $64.6 billion, giving it an ownership stake of approximately 13%. The latest funding was sourced from foreign currency senior bonds issued on September 24. SoftBank's aggressive AI positioning reflects its broader strategy of anchoring itself in the artificial intelligence infrastructure build-out.

China's digital yuan international operations center reported that 39 additional domestic and foreign financial institutions have submitted applications to join the CBETS cross-border settlement platform since late September, following the initial batch of 26 signatories. The platform supports bilateral connections with foreign central bank payment systems and legal digital currency systems, as well as direct access for overseas financial institutions. The digital yuan's cross-border services now cover both trade settlement and cross-border personnel movement.

Global alternative asset manager Apollo Global Management will provide financing support for a $15 billion AI infrastructure project in Chiba Prefecture, Japan. The project involves UK developer RHAELM Holdings, Japan's largest power utility Jera, and Dell Technologies. The initiative aims to build infrastructure supporting AI computing demand. The collaboration extends Apollo's ongoing push into AI infrastructure investments across global markets.

Sumitomo Mitsui Trust Bank has decided to acquire all shares of Japan Digital Asset Trust Preparation Company (JADAT) from crypto exchange bitbank, making it a wholly owned subsidiary effective October 1. JADAT was originally established as a joint venture between the trust bank and bitbank to provide digital asset management services. Following the acquisition, the bank plans to move forward with JADAT's application for a managed trust business license.

Soneium, the blockchain network backed by Sony, has adopted OP Enterprise's fully managed service offering. Optimism Foundation and OP Labs will provide chain deployment, sequencer and node infrastructure operations, monitoring, incident response, and upgrade support under a service agreement targeting 99.9% monthly uptime. The Soneium team retains ownership and roadmap control, continuing its focus on tokenized IP and on-chain entertainment applications. The network was already built on the OP Stack, so the collaboration does not involve a new chain deployment.

Chinese video platform Bilibili's Index LLM team has released Index-Translate, a multilingual translation model family built on Qwen3.5. The models are available in 2B, 9B, and 35B-A3B parameter sizes with weights published on Hugging Face and ModelScope. The system supports 150 languages with capabilities extending to subtitle dubbing, syllable control, and long-document translation scenarios.

The Drift Foundation has released an update on its April 1 exploit that drained approximately $295.4 million, with about $9.2 million of stolen funds now frozen. Mandiant identified the attacker as UNC6862, a threat group linked to North Korea. Of the approximately 130,259 ETH moved cross-chain to Ethereum, about 107,165 ETH across three wallets remain unmoved, while one wallet transferred roughly 23,094 ETH into Tornado Cash on July 23. Recovered funds will enter the DFX compensation pool, and Drift has partnered with Bybit on a public bounty offering 10% rewards for successful recoveries.

TheDAO Security Fund's ETHSecurity Initiatives has launched its second funding round, allocating $600,000 toward formal verification of the Vyper compiler. Vyper is the smart contract language used by protocols including Curve, Yearn, and Lido. The fund originates from unclaimed ETH from the 2016 DAO hack converted into staking rewards, with the Ethereum Foundation publicly expressing support for the initiative.