2025-10-28

1. US-listed company Reliance Global has incorporated SOL into its cryptocurrency treasury reserves
BlockBeats News reported on October 27th that, "According to official sources, Reliance Global Group (Nasdaq: RELI) announced today that it has completed a strategic acquisition of Solana blockchain native token SOL. The addition of Solana to its holdings is a continuation of the company's previous purchases of Bitcoin, Ethereum, Cardano, and Ripple, furthering its strategy of building a diversified digital asset portfolio. This strategy has always adhered to the core principles of innovation, risk resilience, and continuous growth of shareholder value."
2. IBM Launches Digital Asset Custody Platform IBM Digital Asset Haven
BlockBeats News reported on October 27th that, "According to official sources, tech giant IBM announced the launch of the IBM Digital Asset Haven, a digital asset operating platform designed for financial institutions, governments, and enterprises to securely manage and scale their digital asset operations. The platform allows banks and government agencies to manage their digital asset lifecycle, including custody and settlement, through a single solution."
3. BlackRock's IBIT reached $70 billion in assets under management in just 341 days
PANews reported on October 28 that, "According to Coinvo data, BlackRock's Bitcoin ETF "IBIT" reached US$70 billion in assets under management (AUM) in just 341 days."
4. Hong Kong expands digital RMB application, with nearly 400 convenience stores now supporting e-CNY payments
PANews reported on October 28th that, "According to Caixin, Bank of China (Hong Kong) announced a partnership with convenience store chain Circle K and vending machine operator FreshUp. Starting October 27, 2025, over 380 Circle K stores and the first batch of 1,200 FreshUp vending machines in Hong Kong will officially support digital RMB (e-CNY) payments. Hong Kong residents and mainland visitors will be able to use the BoC Pay+ "Digital RMB Zone" or the "Digital RMB" app to make e-CNY payments at these convenience stores and vending machines. Bank of China (Hong Kong) has upgraded the acquiring systems of Circle K and FreshUp and will automatically convert digital RMB into Hong Kong dollars to assist merchants with cross-border settlements."
5. Chicago Fed Estimates U.S. Unemployment Rate Largely Stable
Jin10 Data reported on October 27 that, "An estimate released by the Chicago Fed on Monday indicates that the U.S. unemployment rate has remained largely stable over the past two months, while the government shutdown has delayed the release of official data. The Chicago Fed's real-time unemployment rate estimates show an October rate of 4.35%, compared to 4.34% in September. The latest official data released by the U.S. Bureau of Labor Statistics in early September showed an August unemployment rate of 4.3%. The Chicago Fed noted that its estimates may only partially reflect the impact of the federal employee furloughs caused by the government shutdown. Its methodology combines data from official sources with channels from the private sector, such as job portals, surveys, and payroll companies."
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