Polymarket is preparing a limited US relaunch focused on sports betting, with trading expected to begin by the end of November. The timing aligns with peak football and basketball seasons, aiming to capture increased market activity. The company is currently operating a waitlist for interested users as it finalizes the US platform.

Several new exchange-traded funds targeting smaller cryptocurrencies, including the Bitwise Solana Staking ETF and funds linked to Litecoin and Hedera's HBAR, launched this week despite the ongoing government shutdown. While issuers aim to carve out a niche among altcoins, the oversaturation of crypto ETFs could make it challenging for new entrants focusing on lesser-known tokens to capture substantial investor inflows.

GIFT Nifty, the US dollar-denominated derivative contract traded on NSE IX in India's GIFT City, set a new open interest record of 410,100 contracts valued at $21.23 billion on October 24. This surpassed its previous high of $20.84 billion from September, driven by increasing global investor participation.

Securitize plans to go public through a merger with Cantor Equity Partners II, a special-purpose acquisition company sponsored by Cantor Fitzgerald. The deal values Securitize at $1.25 billion and will provide up to $469 million in gross proceeds. Securitize plans to tokenize its own equity after the merger closes, which is expected in the first half of 2026.

The Trump administration's recent sanctions on Russian oil giants Rosneft and Lukoil have highlighted the challenge of hurting Russia's economy without causing a global oil price spike. While the US has additional tools, such as targeting Russia's shadow fleet and using secondary sanctions, there is a risk of supply shocks. Oil prices climbed on Wednesday following a decline in US inventories and optimism over a meeting between US President Donald Trump and Chinese President Xi Jinping.

Yen options trading volume has reached its lowest level in a month as investors hold back ahead of the Bank of Japan's upcoming policy decision. Data from the Depository Trust & Clearing Corporation shows that activity on both Monday and Tuesday was subdued, reflecting a wait-and-see approach as investors also wait on the Federal Reserve to announce its decision.

Singapore is intensifying efforts to establish a high-integrity voluntary carbon market. The Monetary Authority of Singapore is collaborating with key ministries to address gaps in market demand, project supply, and infrastructure. The initiative aims to guide businesses in accessing high-quality carbon credits and encourage corporate climate action.

The Australian Securities and Investments Commission has updated guidance to classify stablecoins, wrapped tokens, tokenized securities and digital asset wallets as financial products. Companies offering these products must obtain a local financial services license. ASIC has granted sectorwide no-action relief through June 30, 2026, allowing businesses time to comply.

Eliminating the Federal Reserve's Method 2 for calculating G-Sib surcharges would significantly reduce capital requirements for major US banks. Seven of the eight US G-Sibs would benefit, unlocking a total of $111.6 billion in capital.