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Purchase

9% Drop Amid Crypto Selloff Despite Caliber’s $2M Purchase

by admin October 18, 2025

written by admin

The native token of oracle network Chainlink LINK$15.95 fell sharply on Friday, dropping nearly 9% to $16.46, its weakest price since last Friday’s crypto crash.

The pullback occurred amid concentrated selling pressure, particularly between 6:00 and 8:00 AM ET on Friday, CoinDesk Research’s analytics model noted. A brief recovery late in the session saw LINK modestly up 0.4% in the final hour, but not enough to offset earlier losses.

Despite the steep decline, corporate interest in LINK appeared to be steady. Caliber Corporation (CWD), a Nasdaq-listed real estate investment firm, disclosed a $2 million LINK acquisition on Thursday. The purchase brought Caliber’s total LINK tally to 562,535, worth about $9.2 million at current prices.

Meanwhile, the Chainlink Reserve added another 59,969 LINK to its holdings, bringing its holdings to 523,159 tokens. However, with an average cost basis of $21.98, the reserve remains deeply underwater, down over 34% from its entry point.

On the tech front, Chainlink advanced its product roadmap with the launch of Data Streams on MegaETH, a high-speed blockchain optimized for real-time applications. The integration allows smart contracts to access live market data with sub-second latency, supporting DeFi use cases like perpetual swaps trading and stablecoins with centralized exchange-level speed.

Technical Analysis Breakdown:

Chainlink experienced a significant sell-off, falling from $18.07 to $16.46, representing a substantial 9% selloff with an overall trading range of $2.25.
Critical institutional support emerged at the $15.72-$15.82 zone with strong volume confirmation, while resistance formed at $17.43 with multiple rejections throughout the trading session.
LINK established new support level around $16.30-$16.35 as potential re-entry strategies.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

October 18, 2025 0 comments

Web3 Development

Peraso Receives Purchase Orders Totaling $0.5 Million for Memory Products

by admin October 17, 2025

written by admin

SAN JOSE, CALIFORNIA / ACCESS Newswire / October 17, 2025 / Peraso Inc. (NASDAQ:PRSO) (“Peraso” or the “Company”), a pioneer in mmWave wireless technology solutions, today announced it has received additional non-cancelable purchase orders totaling $0.5 million. These orders represent unanticipated incremental last-time buys associated with the previously announced end-of-life (“EOL”) program for the Company’s memory integrated circuit products. Peraso has begun fulfilling these orders from inventory and expects shipments to be completed during the fourth quarter of 2025.

“We are pleased to receive these additional purchase orders for our EOL products, as we remain focused on the continued ramp and growth of shipments of our industry-leading mmWave solutions,” said Ron Glibbery, CEO of Peraso. “In addition to demonstrating our customers’ ongoing confidence in the Company and our technology, these unanticipated orders will contribute incremental revenue and cash flow to our consolidated results for the second half of the year.”

For additional information, please visit http://www.perasoinc.com.

About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit http://www.perasoinc.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. All statements in this release that are not based on historical fact are “forward-looking statements.” These statements may be identified by words such as “estimates,” “anticipates,” “projects,” “plans,” “strategy,” “goal,” or “planned,” “seeks,” “may,” “might”, “will,” “expects,” “intends,” “believes,” “could,” “should,” and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address customer relationships, as well as availability, operating performance, cost benefits, advantages and market acceptance of Peraso’s products and anticipated use of Peraso’s products by customers, that are not otherwise historical facts, are forward-looking statements.

Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to: timing, receipt and fulfillment of customer orders associated with the Company’s products and solutions; anticipated use of mmWave by customers and intended users of the Company’s products; the availability and performance of Peraso’s products and solutions; the successful integration of Peraso’s products and technology with customer and third-party semiconductor, antenna and system solutions; reliance on manufacturing partners to assist successfully with the fabrication of the Company’s ICs and antenna modules; availability of quantities of ICs supplied by manufacturing partners at a competitive cost; level of intellectual property protection provided by the Company’s patents; vigor and growth of markets served by the Company’s customers and its operations; and other risks included in the Company’s Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.

###

Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
[email protected]

Company Contact
Ron Glibbery
CEO, Peraso

SOURCE: Peraso Inc.

October 17, 2025 0 comments

Bitcoin & Altcoins

Ripple’s $1 billion purchase creates RLUSD pathway into Fortune 500 treasuries

by admin October 17, 2025

written by admin

Ripple’s $1 billion acquisition of GTreasury marks a new step in its corporate expansion and a direct challenge to the stablecoin distribution problem.

While Ripple USD (RLUSD) has shown an impressive 987% growth since its December 2024 launch, reaching a supply of $839.9 million, it still captures only 0.27% of the $301.9 billion stablecoin market. GTreasury could change that dynamic entirely.

The treasury management system resides within the cash workflows of thousands of Fortune 500 companies, providing Ripple with immediate access to corporate treasurers who manage trillions of dollars in short-term assets.

This acquisition creates a direct pipeline from RLUSD into corporate operating cash, potentially transforming the stablecoin from an exchange-centric token into enterprise financial infrastructure.

Corporate treasury advantage

GTreasury’s four decades of treasury experience give RLUSD embedded access to corporate decision-makers.

Treasury managers using GTreasury’s platform can now hold tokenized cash, sweep balances 24/7, settle payables instantly, and access repo markets without rebuilding their back-office systems.

This matters because corporate treasurers control vast pools of idle capital that currently earn minimal returns.

The ability to access higher-yielding repo markets while maintaining operational flexibility represents a compelling value proposition for CFOs focused on optimizing cash returns.

For RLUSD, which has processed $21 billion in cumulative transactions compared to the $3 trillion monthly volume across all stablecoins, GTreasury provides the scale breakthrough it needs.

Corporate treasury adoption could accelerate both supply growth and transaction velocity.

Building the complete enterprise stack

The GTreasury deal becomes even more meaningful when viewed alongside Ripple’s other 2025 acquisitions.

Hidden Road’s $1.25 billion deal provides institutional brokerage capabilities, while Rail’s $200 million acquisition handles automated payment processing. Together, these create a comprehensive enterprise financial infrastructure.

Hidden Road’s broker-dealer license enables RLUSD to serve as collateral for cross-margining between crypto and traditional instruments, making it the first stablecoin positioned for such utility at an institutional scale.

Rail’s processing capabilities, handling over 10% of the $36 billion global stablecoin business payments market, provide the operational backbone for enterprise-scale transactions.

This integrated approach addresses the primary barriers to stablecoin adoption in the corporate sector. With the GENIUS Act establishing a federal framework for stablecoins, RLUSD gains regulatory clarity alongside operational infrastructure.

The RLUSD growth catalyst

The timing of these acquisitions coincides with RLUSD’s need for distribution scale. Despite its rapid growth, the stablecoin remains marginal compared to the dominance of USDC and USDT.

Corporate treasury adoption through GTreasury could provide the volume breakthrough that organic growth alone cannot deliver.

Treasury managers represent high-value, sticky customers who process large transaction volumes with predictable patterns. Unlike retail crypto users, corporate treasurers require reliability, compliance, and integration with existing financial workflows.

The combination enables multiple RLUSD use cases, including operational cash management, cross-border payments, yield optimization through repo access, and collateral for institutional trading.

Each expands both the addressable market and transaction frequency.

Additionally, XRP benefits indirectly through the expansion of payment corridors. The larger corporate network using Ripple infrastructure creates more opportunities where XRP can serve as a bridge asset for cross-border transactions.

However, XRP adoption faces structural challenges in corporate environments. Treasury managers prioritize balance sheet stability, making volatile assets like XRP secondary to stablecoins for most use cases.

XRP uptake depends on demonstrating clear cost savings or speed advantages that justify additional complexity.

The infrastructure creates optionality for XRP adoption in specific corridors, where it provides economic benefits over traditional correspondent banking, particularly for exotic routes or when instant settlement justifies the risks associated with price volatility.

Nevertheless, success requires flawless integration across multiple complex systems.

GTreasury’s traditional finance workflows must seamlessly connect with blockchain-based settlement while maintaining the reliability corporate treasurers demand. Any operational failures could undermine corporate confidence in stablecoin infrastructure.

Regulatory approvals represent another hurdle. While the GENIUS Act provides clarity on the stablecoin framework, integrating digital assets into corporate treasury systems still requires navigating complex compliance requirements across multiple jurisdictions.

RLUSD also needs sufficient liquidity depth to handle corporate-scale transactions without price impact. While current transaction volumes are growing rapidly, they remain small compared to corporate treasury requirements.

The upcoming months will determine whether this $2.45 billion infrastructure investment translates into meaningful adoption or remains an expensive experiment in enterprise integration.

For RLUSD’s growth trajectory, GTreasury may represent the difference between maintaining a niche status and achieving mainstream corporate adoption.

Mentioned in this article

October 17, 2025 0 comments

Web3 Development

StableX Executes Next Purchase in its Stablecoin Strategy with Acquisition of Chainlink (LINK) Tokens

by admin October 16, 2025

written by admin

Company advances execution of up to $100M strategy investing in foundational tokens powering the stablecoin ecosystem

NEW YORK, NY / ACCESS Newswire / October 16, 2025 / StableX Technologies, Inc., (NASDAQ:SBLX) (“StableX” or the “Company”), today announced that it has completed its second strategic token purchase, acquiring Chainlink (LINK) tokens.

Chainlink is a leading decentralized oracle network, serving as the data bridge between blockchains and the real world. By securely delivering reliable, tamper-proof data such as asset prices, reserves, and macroeconomic indicators to smart contracts, Chainlink enables the functionality of decentralized finance (DeFi), tokenized assets, and stablecoins. Chainlink has powered over $25 trillion worth of DeFi transactions. This acquisition follows StableX’s initial investments in FLUID and represents another key step in building a diversified portfolio of high-value assets that form the foundation of the stablecoin industry.

“Our investment in Chainlink (LINK) represents a cornerstone of StableX’s strategy and the future of the stablecoin ecosystem,” said James Altucher, StableX’s Digital Treasury Asset Manager. “We believe Chainlink is uniquely positioned to ride the growth in the stablecoin industry, powering critical functions such as price feeds and proof-of-reserve verification for leading issuers like USDT and USDC. With partnerships spanning Swift, UBS, S&P, and the U.S. Department of Commerce, Chainlink is rapidly becoming the data backbone of both decentralized and traditional finance. Holding a dominant 68% share of the decentralized oracle market, LINK was a must-own asset as we build the only pureplay portfolio dedicated to stablecoins.”

Chainlink’s oracle services have become important for digital assets and stablecoins:

Institutional Adoption: Chainlink has partnered with global financial and data leaders-including Swift, Deutsche Börse, UBS, ICE, and the U.S. Department of Commerce-to bring trillions of dollars of traditional assets and macroeconomic data on-chain

With these capabilities, Chainlink has become a key part of the infrastructure for the $93 billion DeFi market and the rapidly growing stablecoin economy and has powered tens of trillions of dollars of stablecoin transactions.

By combining the acquisition of Chainlink tokens with its holdings in FLUID, StableX believes its portfolio is well positioned to capture both the growth and income opportunities across digital assets, as stablecoins emerge as a central driver of tokenized finance worldwide. The Company continues to evaluate additional token acquisitions in the near term.

About StableX Technologies, Inc.
StableX Technologies, Inc. (formerly AYRO, Inc.) is a publicly traded company focused on the acquisition and development of stablecoin assets, infrastructure and related technologies. The Company aims to deliver sustainable long-term returns by capitalizing on the expanding role of stablecoins in global commerce and finance. For more information, please visit the Company’s website at http://www.stablextechnologies.com.

Forward-Looking Statements
This press release may contain forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any expected future results, performance, or achievements. Words such as “anticipate,” “believe,” “could,” “estimate,” “intend,” “expect,” “may,” “plan,” “will,” “would” and their opposites and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are based on the beliefs of management as well as assumptions made by and information currently available to management and include, but are not limited to, the success of the Company’s strategic review, the success of any new ventures it may pursue, including its digital asset strategy and the acquisition, development and integration of stablecoin assets, infrastructure and related technologies, and the Company’s ability to realize returns by capitalizing on the expanding role of stablecoins in global commerce and finance. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: changes in digital asset regulations, market demand and adoption of stablecoins and related infrastructure; technological developments in the digital asset space; the Company’s ability to determine new investment opportunities and its success in creating stockholder value; the Company’s ability to execute its new business strategy with respect to digital assets; the Company’s ability to maintain compliance with the Nasdaq Stock Market’s listing standards; the Company has a history of losses and has never been profitable, and the Company expects to incur additional losses in the future and may never be profitable; the Company faces risks associated with litigation and claims; the Company’s limited operating history makes evaluating its business and future prospects difficult and may increase the risk of any investment in its securities; the markets in which the Company operates are highly competitive, and the Company may not be successful in competing in these industries; the Company may be required to raise additional capital to fund its operations and any new endeavors, and such capital raising may be costly or difficult to obtain and could dilute the Company’s stockholders’ ownership interests, and the Company’s long term capital requirements are subject to numerous risks. A discussion of these and other factors with respect to the Company is set forth in our most recent Annual Report on Form 10-K and subsequent reports on Form 10-Q. Forward-looking statements speak only as of the date they are made, and the Company disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor inquiries:
CORE IR
[email protected]
516-222-2560

SOURCE: StableX Technologies, Inc.

October 16, 2025 0 comments