Binance Announces the Launch of Kite AI (KITE)

At the opening of the US stock market, the Dow Jones Industrial Average rose 115 points, the Nasdaq rose 159 points, and the S&P 500 index rose 0.27%.

**[Ethereum Foundation Launches "Ethereum for Institutions" Website to Drive Institutional Adoption]** The Ethereum Foundation has officially launched the "Ethereum for Institutions" website (institutions.ethereum.org), aimed at providing guidance and resources for institutions, developers, and enterprises to adopt Ethereum. The platform is managed by the Foundation's Enterprise Acceleration team and showcases Ethereum's ecosystem achievements in reshaping the financial system. Currently, the Ethereum network is secured by over 1.1 million validators and has become the core infrastructure for global financial on-chain activities. Institutions such as BlackRock, Visa, eToro, and Coinbase are managing and transacting billions of dollars in assets based on Ethereum. The new website also highlights innovations in privacy and compliance technologies, such as Zero-Knowledge Proofs (ZK Proofs), Fully Homomorphic Encryption (FHE), and Trusted Execution Environments (TEE), while emphasizing the critical role of Layer 2 (L2) scaling solutions in institutional applications. At present, the total value locked (TVL) in L2 networks has exceeded $50 billion.

[Solana Company Increased Holdings by 1 Million SOL in Two Weeks, Total Holdings Exceed 2.3 Million SOL] Solana Company has increased its holdings by approximately 1 million SOL over the past two weeks, with current total holdings exceeding 2.3 million SOL. Additionally, the company disclosed holding over $15 million in cash and stablecoins, and plans to use these funds to advance its digital asset strategy.

[OKX Ventures Invests in Accountable Real-Time Verification Platform] On October 29, OKX Ventures announced the completion of strategic financing for Accountable. The scale of tokenized physical assets has grown from less than $200 million in 2020 to $34 billion, with credit loan assets accounting for approximately $17 billion. As the market expands, institutions are increasingly demanding real-time solvency verification. Accountable is a millisecond-level financial verification platform serving both traditional financial and crypto-native institutions. Its core products include the Data Verification Network (DVN), Vault-as-a-Service (VaaS), and the YieldApp marketplace, providing real-time solvency proof services under privacy protection for institutions such as Galaxy, Amber Group, and K3 Capital.

[Lite Strategy Launches $25 Million Stock Repurchase Plan] Nasdaq-listed company Lite Strategy announced that its board of directors has approved a $25 million stock repurchase plan, with the specific timing and quantity of repurchases to be determined based on market conditions. As of now, Lite Strategy holds 929,548.46 Litecoin (LTC), with a portfolio market value of approximately $92,425,003. Litecoin founder Charlie Lee is a member of the company's board of directors.