News/Daily Market Wrap | Oct. 23 Daily Market Wrap | Oct. 23
Oct 23,2025,18:25

Hot Topics
- SEC and CFTC aim for end-2025 crypto milestones like spot trading and tokenized collateral amid government shutdown delays, with Senate meetings on industry legislation.
- Securitize launches MCP Server on Model Context Protocol, enabling AI and enterprise tools to easily access real-time tokenized RWA data like BUIDL and ACRED.
Market Updates
- Revolut secures MiCA license in Cyprus, enabling regulated crypto services across 30 EEA countries with 280+ tokens, zero-fee staking, and 1:1 stablecoin-USD conversions.
- Polymarket is negotiating a new investment round at a $12B-$15B valuation, a 10x jump from its $1B in June, while rival Kalshi seeks funding over $10B after its $5B raise.
- UK's FCA sues HTX exchange for unlawfully promoting digital asset services, following 2023 warnings about unauthorized operations.
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