Finance, Banking & Insurance

New York – October 08, 2026 -- Gen Z collectors spent more than twice as much on fine art in 2025 and the first half of 2026 than any older generation, according to the Art Basel and UBS Survey of Global Collecting 2026, conducted by Arts Economics with responses from 3,100 high-net-worth individuals across 10 markets including the US, UK, Mainland China, Hong Kong, France, Germany, Japan, Brazil, Australia and Singapore.

Gen Z buyers now dominate the top end of the art market

Nearly half of all collectors who purchased artworks priced above USD 1 million in 2026 were from Gen Z, the survey found. The generation also outspent peers across virtually every collecting category, from fine art to broader collectibles.

Stamford, Conn. – October 08, 2026 -- 24X National Exchange LLC has filed a proposed rule change with the U.S. Securities and Exchange Commission to expand its warrant performance incentive program, adding equity worth 22.25% of parent company 24X US Holdings LLC on a fully diluted basis for participating broker-dealers.

24X adds 22.25% in new equity and extends program through June 2028

The original program, running through December 31, 2027, offered non-voting equity equal to 10% of 24X US Holdings on a fully diluted basis. The newly filed expansion (SR-24X-2026-26) can be earned starting in 2027 and across two additional quarterly measurement periods in 2028, pushing the program's end date to June 30, 2028.

New York – October 08, 2026 -- Samsung Wallet and Samsung Pay will support stablecoin transfers on Solana, letting U.S. Galaxy users send cross-border payments in USDC starting the last week of October 2026, the Solana Foundation announced.

Feature launches across 82 million U.S. Galaxy devices

The remittance tool is embedded directly into Samsung Wallet, the same interface users already use for cards, boarding passes and IDs. Integrated fiat on- and off-ramps will convert funds to and from local currency, with Solana's infrastructure running in the background. Additional international markets will follow, subject to local regulatory approval.

Singapore – October 08, 2026 -- Anyflo, a stablecoin payments orchestration service, has emerged from stealth at Sui Basecamp during TOKEN2049 Singapore, backed by a USD 1 million investment from Mysten Labs and the acqui-hire of Sui-based startup Native.

Mysten Labs incubates new venture with $1 million backing

Anyflo was founded by CEO Lola Oyelayo-Pearson, former GM Product at Mysten Labs, the original contributor to the Sui blockchain. Oyelayo-Pearson previously built products at Shopify Money and Capital One. Mysten Labs has invested USD 1 million in the company and provides early infrastructure backing.

New York – October 08, 2026 -- Orca and Loopscale have merged into a single entity called Formation, combining trading, credit and vault infrastructure to finance AI, robotics and defense companies that fall outside traditional capital market structures.

Formation targets a $3 trillion AI infrastructure financing gap

Apollo estimates nearly $3 trillion will be needed for AI infrastructure alone through 2028, capital that many frontier companies struggle to access because fixed underwriting, legal, servicing and distribution costs favor large, standardized deals. Formation says it will cut the cost and complexity of structuring, distributing and financing these assets by unifying origination, vault strategies and distribution on top of the existing Orca and Loopscale protocols.

New York – October 08, 2026 -- Arch Lending Co-Founder and CRO Himanshu Sahay used three separate corporate Bitcoin events in September to press institutional holders on a single question: when liquidity is needed, should they sell Bitcoin or borrow against it.

Sahay lists four questions borrowers must ask before signing a term sheet

At the invite-only Bitcoin Corporate Day in London on September 22, Sahay told corporates, funds and financial institutions to demand answers on four points before accepting a Bitcoin-backed loan: who holds the collateral keys, whether the collateral can be rehypothecated or reused, what specifically triggers a liquidation and whether it is partial or total, and what happens to the Bitcoin if the lender fails. The panel reviewed how institutional Bitcoin-backed credit mechanics have shifted since 2022.

Tupelo, Miss. – – October 08, 2026 -- The Huntington National Bank has committed more than $40 million to modernize its downtown Tupelo Regional Headquarters and Tupelo Operations Center, serving as the anchor investment for a newly designated Huntington Bank Business Park.

Huntington commits over $40 million to upgrade Tupelo facilities

The investment will renovate the Tupelo Operations Center with a new fitness center, updated health center and on-site café, while the downtown headquarters will receive a modernized branch, community meeting space and expanded parking. Joseph Moss, Mississippi regional president for Huntington, said the project confirms the bank's long-term commitment to Tupelo and North Mississippi.

Singapore – October 08, 2026 -- TOKEN2049, billed as the world's largest crypto conference, will launch its inaugural New York edition on 16-17 June 2027, expecting 15,000 attendees from around the world.

New York becomes TOKEN2049's third permanent flagship event

The announcement, made at TOKEN2049 Singapore, establishes New York as a permanent fixture on the conference's annual circuit alongside Singapore and Dubai. The expansion extends TOKEN2049's footprint across Asia, the Middle East and North America, placing the event at the center of global capital markets.

Citywide programme to accompany two-day main conference

Beyond the core two-day conference, TOKEN2049 Week will take over New York with a citywide programme of events and experiences, mirroring the format used in Singapore and Dubai.

Tickets priced at US$599 go on sale immediately

Tickets for TOKEN2049 New York are now on sale at US$599 per attendee.

Las Vegas – October 08, 2026 -- Frax has become the first crypto company to have an ICANN top-level domain application revealed, with .frax published under the 2026 New Generic Top-Level Domains Program. If delegated, .frax would function as a globally recognized internet domain alongside .com and .org.

.frax Would Link Blockchain-Based Naming With the Global DNS

Frax intends .frax to be the first end-to-end top-level domain connecting the traditional internet with onchain infrastructure. Users would register and manage .frax domains through Frax Name Service (FNS) on Frax's blockchain network, Fraxtal, while those domains continue to resolve through the standard global Domain Name System.

Wilmington, Del. – October 08, 2026 -- Progressive has claimed first place overall and for mobile web in Keynova Group's Q3 2026 Mobile Insurance Scorecard, while Allstate took the top spot for mobile app experience, according to the semi-annual benchmark of the 12 largest U.S. auto and property insurers.

Carriers push personalized savings tools as premiums climb

One-third of the 12 carriers evaluated have introduced enhanced mobile tools that let existing policyholders identify and apply for new discounts, policy options or deductible changes, moving beyond discount offers limited to new-policy quoting. These guided savings assessments factor in a policyholder's current deductibles, coverages and discounts to generate targeted recommendations.