Payward, the parent of Kraken and NinjaTrader, bought a chunk of $AAVE ( ▲ 1.45% ) on the secondary market yesterday through an affiliated fund and that fund's clients. How big a chunk? Undisclosed. 🤐

The buyer of record is Digital Asset Special Investments I, LP, which is what happens when you let the compliance department name the boat.

This isn’t anything new, Karken/Payward has been pursuing, publically, a phat stack of of AAVE for a while, but’s kind of ironic. On Monday I wrote about the North Korean wallet that pledged 60 million stolen USDT on Aave and walked out with 19,762 ETH in three minutes. Payward looked at the bank North Korea used as a drive-thru and still said, ‘yes, we like this.’ 🙄

A shopper types “running shos” and gets nothing back. Another types “red waterprof trail runners under $150” and hits the same wall. Both knew what they wanted.

Traditional site search relies on exact keyword matching, leaving shoppers stranded at “0 results found” screens.

Gladly understands what shoppers mean, typos and all. Instead of a dead end, they get products that fit what they asked for and a conversation that keeps them shopping.

See how Gladly turns dead-end searches into sales

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Samsung Wallet switched on its Stablecoin Account, letting eligible U.S. Galaxy (the phone, not the crypto company) owners buy, hold, send and receive $USDC ( ▼ 0.01% ) without a crypto app or a private key to lose. It settles on $SOL ( ▲ 0.37% ) and reaches about 82 million phones. 📱

Samsung's exploring in-store payments next. Call me when the Casey’s pump stops asking for my ZIP code. ⛽

Broadridge's Distributed Ledger Repo processed $7.6 trillion in October, averaging $345 billion a day. $BR ( ▼ 1.82% ) calls DLR the world's largest institutional platform for settling tokenized real assets, and I'm in no condition to argue with anything that went up. 🪦

Speaking of the repo man. Repo, if you didn’t know, is Wall Street's overnight pawn shop: a bank pawns Treasuries for cash and buys them back the next day.

One average October day on DLR, for scale:

Next is DLX, the same infrastructure from issuance to distribution, intended for everyday market use in 2027. ⚰️

Canary Capital's $INJC ( ▲ 2.87% ) is now listed on Nasdaq, a fund that tracks $INJ ( ▲ 2.43% ) and stakes the tokens it holds, with net staking rewards folded into NAV! Translation: INJ exposure from the same brokerage account holding your 401(k) rollover and that one GameStop share. 😴

INJC is the blue pill from The Matrix. You stay in your brokerage account, never touch a wallet, and the fund does the staking for you. The red pill crowd can keep their seed phrases in a fireproof safe.

Injective's impressive stats:

Full disclosure, I hold INJ. And an issuer named Canary launching altcoin ETFs into this market is almost too on the nose. Somebody has to go down the mine first. 🐤

Multiliquid launched Multiliquid Treasury, which pays corporate treasuries a yield tied to 3-month T-bills, with redemptions into cash or stablecoins 24/7 in a single atomic transaction. And it's already live on $ETH ( ▼ 0.03% ) and $SOL ( ▲ 0.37% ). 📆

Monday I called corporate cash a teenager on summer break, back when Uber needed HSBC and a pilot program just to make it work one weekend. Time for its performance review:

What happens when everybody wants out at once? That buffer leans on institutional repo lines.

It's accredited and institutional investors only. 💼

Bittensor's new post-quantum wallet swaps in a fresh signing key after every transaction, while your address and staked TAO stay put. Turning on auto-rotation takes a one-time 0.2 TAO deposit that's locked forever, which is a security deposit from the most honest landlord in America. Bittensor.

The Financial Privacy Foundation's Q3 report has Zcash Community Grants holding 86,884 ZEC, about $125 million at September's close, with treasury value up 1,718% from a year ago. ZEC ran from $457 to $1,437 between the end of July and the end of September, so the ZK AV Club's bounty pot paid contributors every month and still more than doubled in dollars. Grant submissions jumped 243% too, because nothing draws a crowd like a fat treasury. Financial Privacy Foundation.

Seoul edtech shop Q&SMART picked Theta EdgeCloud's GPUs to run DaVinciQ, an AI that debates students for five rounds and then grades six thinking skills, citing the exact statements behind each score. Theta Labs.

Between this and Samsung's stablecoin wallet up top, your phone is turning into a crypto ATM whether you asked for one or not. BitPay's wallet now does one-tap crypto buys through MoonPay with Apple Pay, Google Pay, cards or SEPA in more than 100 countries, and the coins land in your own self-custody wallet. BitPay.

Zano's monthly update confirms a Gateway Address bug let someone mint ZANO and fUSD out of thin air from about Aug. 29 until the team caught it Sept. 25. The fix was a full Back to the Future, rolling the chain back to block 3,833,000, and Gateway Addresses stay off until an independent audit clears them. No user funds or privacy got touched. Zano.

Drop one of Reality's rTokens into a lending pool and the smart contract looks like the shareholder, so Bitget's tokenized-stock arm partnered with Merkl to trace those positions back to the human and keep USDT dividends flowing on supported contracts. Reality.

SODAX whitelisted 22 more Robinhood stock tokens across Robinhood Chain, Sonic, Stellar and Hedera, taking its lineup to 46. Securitize was at 25 on Monday, so the cross-chain router now has the bigger shelf. SODAX.

Hyperliquid Strategies ($PURR ( ▼ 0.97% )) booked $620.6 million in Q3 net income, mostly from $803 million in unrealized gains on the 38.5 million HYPE it held at quarter-end. Unrealized gains are fantasy football points: great for bragging, tough to spend. It bought 9.1 million more HYPE for $785 million, and its validator is now the biggest one the Foundation doesn't run. Hyperliquid Strategies.

Blockchain.com launched API Trading, a single 24/7 pipe into its own liquidity for hedge funds and family offices, and eligible clients can trade without pre-funding. No pre-funding is the institutional version of running a bar tab. Blockchain.com.

Stacks Bond 3 sold out, with 21shares back for round three and Bullish timelocking bitcoin from its 22,000-BTC treasury through BitGo custody to earn BTC paid out by Stacks miners. Stacks says Bullish is the first of the ten biggest public bitcoin holders to do it, while most of the 1.3 million BTC on corporate balance sheets earns nothing. Stacks.

WhiteBIT parent W Group moved Whitechain from its own layer 1 to an Ethereum layer 2 on the OP Stack, keeping chain ID 1875, balances, contracts and WBT as gas. Optimism.

Avalanche's own benchmark puts an ERC-20 transfer on the C-Chain at $0.000649, about 156 times cheaper than Ethereum, with daily transactions up 11x since the Etna upgrade. The same study has fees at just 3.39% of protocol revenue, and every one of them gets burned, so validators are paid in new AVAX. Avalanche.

Input Output is handing Cardano's consensus team to Serokell and its developer-experience team to AlwaysTrue, with the moves running into early 2027. That follows Mithril, Daedalus, Plutus and a pile of others leaving home earlier this year. The code stays public on GitHub, so at least the kids still call. IOG.

Solana's party guest list from the Samsung story keeps getting longer. ZetaChain wants to turn ZETA into a 1:1 Solana token and permanently halt its own L1 after a Dec. 9 snapshot, pending a vote that closes Nov. 7. The new plan is ZetaLabs, a private AI app, so a project built to connect blockchains is retiring its blockchain to connect AI. ZetaChain.

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