Binance vs Bybit

Binance invests $100M in Circle for USDC expansion

Binance has agreed to invest $100 million in Circle, the issuer of the USDC stablecoin, as part of a five-year deal to promote USDC on its platform. The investment involves buying $100 million of Circle shares at $80.84 each, subject to a two-year lockup. In exchange, Circle will pay Binance a monthly incentive fee tied to USDC balances, giving USDC access to Binance's global user base. This strategic partnership aims to expand USDC's presence internationally and compete more directly with Tether, the largest stablecoin by circulation. Circle CEO Jeremy Allaire and Binance co-CEO Richard Teng both expressed enthusiasm for the partnership, highlighting its potential to increase dollar access and support financial inclusion in emerging markets. Circle shares rose over 1% in premarket trading following the announcement.

• Binance invests $100 million in Circle, buying shares at $80.84 each with a two-year lockup.
• The agreement is a five-year deal with Binance promoting USDC on its platform in exchange for a monthly incentive fee tied to USDC balances.
• USDC gains access to Binance's global user base, aiming to compete with Tether in international markets.

Binance opens Capital Connect to wealthy individual investors

Cryptocurrency exchange Binance is expanding its Capital Connect platform, previously limited to institutional investors, to include wealthy individual investors who hold at least $1 million in assets. The platform, built on Binance's Portfolio Account infrastructure, allows investors to compare and invest in professional strategies managed by trading teams, akin to separately managed accounts in traditional finance. Since May, the number of portfolios has roughly doubled to 212 portfolios from 77 trading teams as of September. Initially crypto-only, the platform now includes strategies incorporating traditional financial instruments, as Binance also expands its offerings around perpetual futures linked to pre-IPO and public companies, positioning itself as a competitor to traditional wealth management and financial institutions.

• Binance is opening Capital Connect to individual investors with at least $1 million in assets.
• Capital Connect grew from 106 portfolios and 35 teams in May to 212 portfolios and 77 teams in September.
• The platform is built on Binance's Portfolio Account infrastructure and includes management and performance fees and risk metrics.

Anthropic IPO Valuation Reaches $2 Trillion on Pre-IPO Markets

AI developer Anthropic is reportedly preparing for a massive IPO, with investment bankers projecting a valuation of up to $2 trillion. Although Anthropic’s official Series H funding round valued the company at $965 billion, speculative activity on pre-IPO derivative markets—such as Binance, Hyperliquid, and PreStocks—implies valuations between $1.41 trillion and $1.93 trillion. This speculative trading places Anthropic's implied value ahead of industry giants like SpaceX and OpenAI. However, Anthropic has clarified that these third-party tokenized instruments are unauthorized and carry no actual equity or voting rights. On regulated secondary markets, actual employee shares imply a more modest valuation between $830 billion and $1.2 trillion. In broader financial developments, Bitcoin fell below the $78,000 threshold following a speech by US Federal Reserve Chairman Kevin Warsh hinting at future interest rate hikes.

• Investment bankers project Anthropic's potential IPO valuation could reach up to $2 trillion, doubling its Series H private valuation of $965 billion.
• Speculative pre-IPO contracts on platforms like Binance, Hyperliquid, and PreStocks imply valuations of $1.41 trillion to $1.93 trillion, placing Anthropic ahead of SpaceX and OpenAI.
• Anthropic clarified that these tokenized instruments are unauthorized, carry no actual equity or voting rights, and that share transfers to such platforms are prohibited.

Bybit Unveils Make Your Move as New Global Brand Campaign for The New Financial Platform

Bybit has rebranded itself as 'The New Financial Platform' and launched a new global brand campaign 'Make Your Move'. The company also announced a strategic collaboration with Franklin Templeton to expand access to tokenized investing, and completed a SOC 2 Type II audit.

Bybit Launches 'Make Your Move' Global Brand Campaign

Bybit, a financial platform with over 80 million users, announced a new global brand campaign titled 'Make Your Move'. The campaign signifies the company's evolution from a cryptocurrency exchange to a comprehensive financial platform offering trading across crypto, stocks, gold, forex, indices, and derivatives, along with payments, spending, wealth management, and institutional services. The new brand positioning, based on CEO Ben Zhou's vision 'Designed for everyone. Powered by intelligence. Open to the world', aims to make global financial opportunities accessible. The campaign introduces a fresh visual identity, with the orange 'I' in the Bybit logo transformed to represent the individual. Bybit also highlighted its expanding ecosystem, including Bybit Pay, Bybit Card, Bybit P2P, Bybit Earn, and Bybit AI, which connects to over 600 platform services and supports 1,278 scenarios.

• Bybit announced the global brand campaign 'Make Your Move' on September 25, 2026.
• The campaign marks Bybit's shift from a crypto exchange to a full-stack financial platform.
• Bybit serves over 80 million registered users across 181 countries and regions.

Bybit Odds: View to Victory official product launch with a 17,000 USDT total prize pool!

Bybit announces the official product launch of 'Bybit Odds: View to Victory' with a 17,000 USDT prize pool, alongside multiple new listings and network upgrades.