Crypto startup valuations hit a record in the third quarter, but the typical funding round shrank by about 40% from its own record, while pre-seed deals grew their share.

Franklin Templeton issued $150 million in new fund shares on XRP Ledger on October 22, roughly double the fund’s September assets, and every share landed in one wallet.

Offchain Labs became the sole member of Arbitrum’s Developer Guild, collecting all of its revenue, and proposed that the Arbitrum Foundation sign off on new Stylus activations on Arbitrum One.

Benjamin Netanyahu says Israel must prepare a “bypass economy” for possible banking sanctions, and that he has asked for a plan using blockchain as one of the tools.

Grayscale has flagged three crypto projects building AI infrastructure, including Pearl, whose token is up 580% in three months, but the money they earn does not always reach token holders.

Ripple and Visa have joined a Singapore-led digital money initiative that already includes rival stablecoin issuer Circle, as Malaysia’s and Thailand’s central banks sign on as policymakers.