Three Indian issuers raised 102.5 billion rupees (about $107 million) through the Securities and Exchange Board of India's "Demat 2.0" pilot for tokenized corporate bonds. REC Ltd. led with 5 billion rupees ($52.3 million) from 18 investors, followed by L&T Ltd. with a similar amount from four investors, and IIFL with 250 million rupees from a single investor. This marks a significant step in India's adoption of blockchain for traditional finance.
Maharashtra Plans Tokenization of Power InfrastructureIndia's wealthiest state, Maharashtra, is drafting a policy to tokenize state-owned assets including electricity transmission infrastructure, with up to 40-50% of transmission lines eligible for tokenization. Proceeds would fund new lines and solar storage, and token holders would share transmission revenues. The state contributes about 14% of India's nominal GDP and plans to enact the country's first blockchain property tokenization law.
Metaplanet Slashes Executive Reward Pool by 41%Japan's bitcoin treasury company Metaplanet reduced its Series 10 stock acquisition rights pool by 41% to 188.2 million shares following shareholder protests. The original plan, set in 2022, allocated 20% of fully diluted equity to executives, drawing criticism after the firm pivoted to a bitcoin-buying strategy. CEO Simon Gerovich said the adjustment "wiped out over $220 million in warrant value."
HTX Leads Global CEX Inflows with $438M in a WeekHuobi HTX recorded over $446 million in net inflows over 24 hours and $438 million over seven days, topping all major centralized exchanges according to DeFiLlama. The surge highlights renewed investor confidence in the exchange amid broader market volatility.
Chinese AI Firm Zhipu Launches $5B FinancingZhipu AI is raising about $5 billion through a Hong Kong share placement of $2 billion and a $3 billion convertible bond. The placement of 21.97 million shares at HK$714 each represents a 10% discount to Thursday's close. The zero-coupon convertible bonds mature in September 2027 with an initial conversion price of HK$892.5, a 25% premium.
DeepSeek Extends V4 Pro API ServiceChinese AI startup DeepSeek reversed its decision to discontinue the V4 Pro API, announcing it will continue offering the service after September 14, 2026, with unchanged pricing. The move responds to strong user demand and ensures continuity for developers relying on the model.
Former Huobi Founder Sells London Mansion for £190MLeon Li, founder of the Huobi exchange, sold The Holme, a 40-bedroom mansion in London's Regent's Park, for about £190 million. He purchased the property in 2024 for £139 million from a Saudi prince's family, netting a profit of over £50 million in under two years. The sale underscores the wealth generated by Asian crypto entrepreneurs.
Stakefish Founder Warns Against Off-Chain Reward RecoveryWang Chun, founder of F2Pool and Stakefish, responded to a lawsuit filed against Lido Finance and Stakefish over stolen MEV rewards, arguing that forcing validators to recover rewards based on off-chain claims would set a dangerous precedent. He emphasized that validators must follow Ethereum protocol rules and cannot adjudicate ownership disputes, warning it could undermine decentralization and legal certainty.
CryptoQuant: Bitcoin Sentiment Hits Two-Year HighCryptoQuant analyst Darkfost noted that the current bitcoin rally has sparked the strongest investor optimism in two years, with the sentiment index surpassing 89 out of 100, indicating "extreme greed." The index combines fear and greed metrics and has historically signaled potential market turning points when reaching such extremes.
Asian Exchanges See Whale Accumulate Over 36K ZECOnchain Lens data shows a whale accumulated 36,360 ZEC (about $41.56 million) over six days from Binance, OKX, Kraken, and Gate. The buying spree highlights sustained interest in privacy coins from Asian exchange users.

