Genius2026-10-03 04:12:21Genius wraps up Season 2 with fee refunds or 85% haircut for early airdrop unlockOn-chain trading terminal Genius, backed by YZi Labs, said its second season has ended after distributing 173 million GP points, equal to 6.055% of the total GENIUS token supply. The remaining 0.945% will be burned automatically. A refund window will open at 11:00 EST on Oct. 6 and run until 11:00 EST on Oct. 11. Users who request refunds can recover the trading fees they paid, but they will forfeit the GP points earned during Season 2, and the corresponding GENIUS tokens will be permanently burned. Users who do not request refunds will have a separate five-day window starting Oct. 12 to choose between unlocking their airdrop allocation immediately with an 85% reduction, or locking tokens for 24 months to receive the full airdrop amount. The update was carried by Techub News and attributed to Wu Blockchain.40
YZi Labs2026-10-01 00:38:08YZi Labs investor lays out five reasons for onchain stocks and three startup pathsRickyW, a member of the YZi Labs investment team, argues that the real question around onchain equities is not whether stocks can be tokenized, but what those tokens actually represent, what rights holders can claim, and where real businesses can be built around them. In his essay, published by MarsBit and translated by ChainCatcher, he breaks tokenized stocks into several categories, including tokens linked to actual share ownership or legally recognized indirect interests, third-party products backed by custodied shares, and derivatives that track stock prices without conferring ownership. He uses examples such as xStocks, Alpaca and Kamino to explain issuance, minting, redemption, arbitrage, distribution and the role of brokers, custodians, exchanges and market makers. RickyW says the case for putting stocks onchain rests on five points: stablecoin-based funding can reduce friction for eligible investors; developers can build products without recreating core market infrastructure; investors may be able to move positions across wallets, apps and protocols rather than liquidating and rebuying; tokenized holdings can become collateral or other productive assets; and trading and settlement can run outside standard exchange hours, including atomic swaps between stock tokens and stablecoins. He also points to three startup opportunities: building investable portfolio products around specific theses, providing software that keeps records synchronized across issuers and service providers, and creating collateral assessment, risk management and liquidation tools for lending platforms that accept eligible stock tokens.50
YZi Labs2026-09-29 14:00:28YZi Labs investor outlines three startup openings in tokenized stocksRickyW, a member of the investment team at YZi Labs, argues that the real question around onchain equities is not whether a token carries the name of a public company, but what assets back it and what rights the holder can actually claim. In his essay, translated and published by ChainCatcher, he breaks tokenized stocks into several structures: tokens tied to actual share ownership or legally recognized indirect interests, third-party products backed by custodied shares, and derivatives that track a stock price without granting ownership. He also walks through how a stock-backed token product is set up, minted, distributed, traded, redeemed, and arbitraged, while stressing that blockchain records token balances but does not by itself prove that the underlying shares are sitting in a brokerage or custody account. RickyW says the most interesting part of putting stocks onchain is the ability to connect investing, stablecoins, transfers, lending, and product construction on shared infrastructure. From that view, he sees three startup paths worth watching: turning investment views into investable portfolios, building software that helps tokenized stock operations scale across issuers and service providers, and providing collateral assessment, risk management, and liquidation tools for stock tokens used in lending.180
YZi Labs2026-09-22 06:18:35YZi Labs backs FinTax as CARF pushes exchanges into long-term tax compliance workFinTax, a crypto tax and accounting service provider, said on Aug. 27, 2026 that it had closed a seed round led by EASY Residency S4, an entity under YZi Labs, at a post-money valuation of $40 million. The deal comes as the OECD’s Crypto-Asset Reporting Framework, or CARF, moves from preparation to execution in key markets. The U.K. began implementing related rules in January 2026, while the European Union started applying DAC8 rules aligned with CARF over the same period. The report argues that the real burden for exchanges is not limited to filing reports. Platforms must identify reportable users, collect self-certifications, verify tax residency data against existing KYC records, and complete due diligence on pre-existing users within the applicable timeline. For the first jurisdictions, that deadline is Dec. 31, 2026. It also highlights the operational and engineering load behind CARF. Spot crypto-to-crypto trades may need to be split into acquisition and disposal legs, transfers must be categorized, and internal data from KYC, matching engines, wallets, payments, staking, and lending systems must be mapped into OECD CARF XML structures. The piece says this turns compliance into a long-lived data pipeline that requires legal interpretation, systems integration, and ongoing tracking of local reporting rules.500
XStable2026-09-22 05:44:33XStable secures backing from YZi Labs, Sui Foundation and other firms for on-chain gold and FX infrastructureXStable, an on-chain trading infrastructure project focused on gold and foreign exchange markets, has received investment support from YZi Labs, Sui Foundation, Taisu Ventures and Catcher VC, according to Odaily. The company said it had previously been backed by Solana, Amber Group, KuCoin Ventures and Singchain, bringing its total fundraising to several million dollars from more than 10 institutional investors globally. XStable describes itself as AI-native infrastructure for on-chain gold and FX trading. Its product buildout covers key parts of the trading stack, including market data, execution, liquidity, risk management, APIs and AI agent access. The platform said it has already developed markets around gold, silver and major FX pairs. Based on figures disclosed by the company, XStable’s average daily trading volume has exceeded $100 million, while cumulative volume has surpassed tens of billions of dollars.370
Genius.fun2026-09-22 00:53:24Genius. fun says new token contracts on its platform will end in 6666Genius. fun, the token issuance platform under on-chain trading terminal Genius Terminal, said newly launched tokens on the platform will carry contract addresses ending in 6666. The announcement was reported by BlockBeats on Sept. 22. Genius Terminal is backed by YZi Labs, with CZ serving as an advisor. According to co-founder Ryan Myher, the change came from community demand for clearer differentiation between Genius. fun and Genius Terminal. The move is framed as a branding marker rather than a technical change, with the 6666 suffix set to become a recognizable identifier for tokens issued through Genius. fun going forward.350
a16z2026-09-20 08:08:58RootData says 21.75% of projects backed by five major crypto VCs are marked inactiveDiscussion around shutdowns among projects backed by Andreessen Horowitz, or a16z, has intensified, but RootData’s funding data shows the firm does not have the highest inactivity rate in the sample. After deduplicating projects, RootData found that Coinbase Ventures, YZi Labs, Pantera Capital, a16z and Paradigm together covered 993 distinct portfolio companies, of which 216 were marked inactive, for a combined rate of 21.75%. By firm, Pantera Capital posted the highest inactivity rate at 24.76% with 51 inactive projects out of 206. Coinbase Ventures followed at 22.69% with 98 out of 432, while a16z stood at 20.09% with 43 out of 214. Paradigm came in at 19.49% with 23 out of 118, and YZi Labs had the lowest rate in the group at 13.56% with 32 out of 236. RootData also showed that among 148 projects led by a16z, 29 were marked inactive, equal to 19.59%. Those included Linera, which recently announced a shutdown, and Universal, which said it had entered a wind-down process. The figures suggest that even lead backing from a top-tier firm does not remove operational risk for crypto projects.370
CZ2026-09-20 04:56:48CZ responds to GSTOCK chatter as token hits a fresh highBinance founder Changpeng Zhao, better known as CZ, responded on Sept. 20 to crypto KOL Jasmy, saying, 「通过 Meme 收购上市公司的主意肯定不是我本人想出来的」, or that the idea of acquiring listed companies through meme coins was definitely not something he came up with. The reply drew added attention because Jasmy’s posts on X this week were all centered on GSTOCK, with nine separate calls related to the token. According to GMGN market data cited by BlockBeats, GSTOCK had just reached a new all-time high, with its market capitalization standing at $20.74 million after having been below $7 million earlier in the morning. The report also said GSTOCK is paired in its liquidity pool with BNCB, the onchain token of BNB treasury company BNC. BlockBeats further noted that Genius Terminal, an onchain trading terminal backed by YZi Labs and advised by CZ, had previously launched its token issuance platform, genius. fun, on BNB Chain. The platform supports creators in transferring tokenized stocks such as bSTOCKS into ownerless foundations and unwrapping them in an attempt to exercise equity-related rights off-chain. BlockBeats cautioned that price swings in related tokens are large and that users should be careful with investments.490
