UBS completed the first on-chain redemption of a tokenized investment fund on November 3, 2025, using Chainlink's Digital Transfer Agent standard. The transaction involved uMINT, UBS's USD Money Market Investment Fund Token on Ethereum. The development marks a significant milestone for the $100 trillion global fund industry, with the token now tradeable on DigiFT, Bybit, and KuCoin.

Web3 companies raised $3.877 billion in October 2025, the second-highest monthly total on record, according to DefiLlama. Three firms—Polymarket, Tempo, and Kalshi—captured over 70% of the capital raised during the month.

Japan has activated its first government-linked Bitcoin mining facility, deploying 4.5 megawatts of Canaan Avalon mining rigs to absorb surplus solar and wind power from a regional utility. The system dynamically adjusts hashing capacity in response to grid conditions, stabilizing loads and eliminating renewable curtailment. Industry analysts suggest the unnamed operator is likely Tokyo Electric Power Company, which has previously conducted similar trials.

Revolut has introduced zero-fee USD-to-stablecoin swaps for users, with a monthly transaction limit of $578,000. The service operates across six blockchains and excludes spreads or hidden charges. The offering primarily targets small and medium-sized enterprises in high-inflation markets seeking to preserve capital.