Jugnu20

Embedded finance has moved from payments into lending. Trading is the logical next step, and platforms that force users to hop between providers to access different asset classes are losing ground. Patrick Murphy, Managing Director for the UK and EU at Eightcap, argues that multi-asset access has to be built in from the start if platforms want to keep users engaged.
But meeting that expectation isn’t as simple as adding new instruments. It raises deeper questions about infrastructure. How do you embed regulated derivatives alongside crypto? How do stablecoins fit into cross-border settlement when banks still operate on legacy rails? And what happens when tokenized assets start functioning as collateral across both traditional finance and DeFi?
In this conversation with BeInCrypto, Murphy breaks down how Eightcap is approaching those challenges, from embedding compliance into its API stack to preparing for a world where Bitcoin, equities, and gold increasingly move on-chain.
​​BeInCrypto: Eightcap Embedded allows brokers, exchanges, and wallets to integrate multi-asset trading through a single API. What specific market signals or client needs convinced you that embedded multi-asset access would become the next frontier in platform engagement?
Patrick Murphy: “When we looked at where the market was heading, a few things stood out. Across brokers, exchanges, and other fintechs, we saw a convergence of client needs. Users wanted the ability to move between crypto, forex, and commodities seamlessly. Platforms were losing engagement when users had to leave to access different asset classes, causing a retention challenge. If you couldn’t offer multi-asset exposure natively, then your clients were going to trade elsewhere.
Embedded finance was reshaping expectations. Just as payments and lending became embedded within non-financial ecosystems, trading was the next logical step. We saw an opportunity to bring that same model to trading, turning partners into all-in-one investment hubs rather than single asset providers.
We also found that traders today value experience as much as execution; they want real-time, frictionless access to the markets. The Eightcap Embedded multi-asset capability enables that ecosystem, where a trader doesn’t just buy or sell crypto with their exchange but has the opportunity to diversify their assets with derivatives. This increases both engagement and monetisation potential for our clients. Eightcap Embedded wasn’t built in response to a single client need; it emerged from observing the shift towards embedded finance and the behavioural evolution of traders expecting all-in-one access.”
BeInCrypto: Drawing on your background in compliance and payments, how have you approached embedding regulated trading features into partner platforms while maintaining speed and scalability?
Patrick Murphy: “My experience in both the payments and compliance verticals has allowed me to merge regulatory principles with product agility. In payments, I learned that scalability breaks down when compliance is treated as a ‘review step’.
At Eightcap, our embedded trading API is architected with jurisdictional awareness, KYC, AML, and licensing logic that are integrated into the onboarding process and transaction flow. This ultimately means that partners don’t need to build parallel systems; compliance is built in, not bolted on.
By maintaining a compliance core, our partners can launch faster because they’re not revisiting or revalidating core controls.
We position Eightcap Embedded as a ‘compliant-by-design’ infrastructure, allowing brokers, exchanges, and wallets to scale confidently while maintaining trust with both clients and regulators.”
BeInCrypto: Integrating derivatives and crypto products within embedded finance introduces unique technical and risk-management challenges. What were the hardest trade-offs in balancing usability, compliance, and resilience across volatile markets?
Patrick Murphy: “One of our challenges was creating an experience that felt native within partner platforms, while still adhering to regulatory requirements, like client classification under TMD, leverage limits, and margin requirements.
However, this was easily and successfully managed with both our trading teams and legal and compliance teams collaborating to create a working integration for our partners that is compliant.”
BeInCrypto: Eightcap Tradesim rewards users for simulated trading. What have you learned about trader behaviour or education from this experiment, and how has it influenced your approach to onboarding and retention?
Patrick Murphy: “Tradesim revealed that traders learn best when the environment feels real, but the consequences are not. By simulating live market conditions and rewarding training performance, we saw a measurable increase in confidence in trading. Many traders develop real trading discipline, such as tracking positions, understanding the market, and analyzing data. The key takeaway here is that gamified education bridges the gap between curiosity and confidence.
We found that educational engagement directly correlates with trading longevity. Users who spent more than five days in simulated trading were more likely to become active traders.”
BeInCrypto: Stablecoins are reshaping settlement and liquidity. How is Eightcap using them to streamline fiat-crypto flows within embedded platforms, and what overlooked frictions remain around regulation or cross-border transfers?
Patrick Murphy: “Stablecoins have been one of the most meaningful financial innovations of the past decade. They’ve extended access to digital dollars like USD₮, enabling instant, low-cost transfers of size and filling gaps left by fragmented banking and payment systems, particularly across emerging markets and countries outside of the UK, EU, and Australia.
At Eightcap, we’ve been able to use stablecoins to make client funding and withdrawals faster and more reliable, removing friction where traditional rails don’t perform. But there are still regulatory hurdles when it comes to treating this version of the dollar as client money within licensed entities. Existing frameworks weren’t designed for blockchain-based settlement, so custody, safeguarding, and reconciliation requirements remain built around traditional bank money.
Interoperability with USD bank accounts also remains limited. Stablecoins settle 24/7 on-chain, but banks still operate within business hours and siloed payment networks. Until regulation and infrastructure catch up, stablecoins remain a parallel system, highly efficient in their own right, but not yet fully integrated with how regulated financial institutions manage client funds.”
BeInCrypto: What regulatory or technological shifts do you expect will define embedded multi-asset trading over the next two years, and how is Eightcap positioning itself to lead that transition?
Patrick Murphy: “Over the next two years, most assets will begin to move on-chain, not just crypto, but tokenized gold, equities, and cash equivalents. That shift will fundamentally change how capital is used. Once assets exist natively on-chain, they can be deployed far more efficiently as collateral, for settlement, or to reinvest without having to sell or exit positions. Investors will be able to use Bitcoin, tokenized gold, or stocks as dynamic collateral to trade other assets, hedge positions via derivatives, or reinvest instantly.
At Eightcap, we’re partnering with leading crypto technology firms that require a global licensing stack to bring on-chain and hybrid DeFi/traditional finance products to market. By combining regulated multi-asset infrastructure with tokenized assets and stablecoin settlement, we enable our partners to offer seamless, compliant, and capital-efficient trading experiences.
As crypto and tokenization regulations mature, Eightcap is positioning itself as the bridge between traditional capital markets and the emerging on-chain economy.”

Itaú Asset Management, Brazil's biggest private bank, says that starting in 2026, investors should think about putting 1% to 3% of their portfolios in Bitcoin. This week, a research report came out that said Bitcoin should be a tiny, extra holding instead of a main bet.
The bank's note talks about how Bitcoin doesn't have much in common with many traditional assets and how currency concerns hurt local investors a lot this year. Itaú also worked on building the infrastructure underlying that view. In September 2025, it set up a separate crypto section and hired João Marco Braga da Cunha, a former Hashdex executive, to manage the team. That new area is next to the bank's other products and is aimed to let customers use regulated crypto technologies.
Access Through Local Goods
Brazilian savers can already get to Bitcoin through Itaú-linked products. The bank is one of the people that helped develop the IT Now Bloomberg Galaxy Bitcoin ETF, which is traded under the symbol BITI11. It started trading on November 10, 2022. The ETF allows investors access to Bitcoin on the local market, and it is one of many crypto-related products, such with unit trusts and pension plans.
Itaú says their regulated crypto suite handles over R$850 million across numerous funds and ETFs. This isn't a lot compared to the rest of its company, but it's still a clear evidence that the product is ready. The bank's asset department is very big; it manages more than 1 trillion reais for clients. This is one reason why its advice on allocations gets so much attention.
Itaú's move comes after a year when currency fluctuations saw some Brazilian investors of overseas assets lose even more money. That fact seems to be part of the logic behind suggesting a 1%–3% investment. It's a minor cushion for people who are worried about local-currency shocks, not a wager aimed to replace equities or bonds. The bank sees the position as a long-term, disciplined allocation, not a short-term trade.
The advice for regular investors is easy to understand: keep your exposure minimal and under control. A 1% holding won't impact a diversified portfolio much on its own, and 3% is still in what many institutions call a "satellite" slot. Reports say that Itaú plans to provide more options through the new unit as demand rises. These options will range from low-volatility wrappers to riskier methods.

As of Monday, the price of Solana is getting closer to the upper trendline of a falling wedge pattern; a breakthrough indicates that a rally is on the horizon.
Since October 31, US-listed spot Solana ETFs have consistently reported weekly net inflows, pushing the total assets under management (AUM) to approximately one billion dollars.
A breakout to the upside is favored by the technical view, with a target price of more than $160.
At the time of this writing on Monday, the price of Solana (SOL) is hovering at $131. It is getting close to the upper border of a falling wedge pattern and is sitting in anticipation of a decisive breakout. The demand for spot Solana Exchange-Traded Funds (ETFs) remained consistent on the institutional side, which resulted in the total assets under management (AUM) reaching approximately one billion dollars since the inception of the funds. In addition, the technical forecast indicates that there is a possibility of an upside breakout, with bulls aiming for levels that are higher than $160.
SOL stock continues to be accumulated by institutional investors.
Since it was first introduced on October 28th, the demand for SOL from institutions has been steadily increasing. Based on the statistics provided by SoSoValue, it has been seen that spot Solana ETFs have consistently experienced positive net inflows ever since their introduction. As of Monday, the total net assets of these funds reached $907.18 million. A bullish prognosis for SOL is shown by the continued influx of ETFs, which implies that institutions are buying dips rather than leaving positions, despite the recent consolidation of prices.
Weekly chart of the total net inflows into the SOL spot ETF SoSoValue is the source.
With regard to derivatives, the long-to-short ratio for SOL on CoinGlass is currently at 1.07, which is the highest level it has been in more over a month. As a result of traders placing bets on the asset price to increase, the ratio that is more than one indicates that the market is in a bullish sentiment.
Since the beginning of October, the price of Solana has been trading within a falling wedge pattern, which is constructed by linking multiple highs and lows with two trendlines. As this article is being written on Monday, SOL is getting closer and closer to the top trendline boundary of this arrangement.
It is possible that SOL will extend the rally into the next daily resistance level, which is located at $160, if it breaks above the pattern.
Indicating that bearish momentum is beginning to fade, the Relative Strength Index (RSI) on the daily chart is currently reading 42, indicating that it is trending upward toward the neutral level of 50. In order to maintain the bullish momentum, the relative strength index (RSI) needs to remain above the neutral line.
On the other hand, if SOL experiences a correction, it may continue its downward trend until it reaches the low of $121.66 on November 21.
$SOL
$ETH

@Falcon Finance is introducing a new paradigm for on-chain liquidity by building the first universal collateralization infrastructure. In traditional and decentralized finance alike, access to liquidity often comes at the cost of selling assets or taking on inefficient risk. Falcon Finance addresses this limitation by enabling users to unlock liquidity while retaining exposure to their assets, creating a more capital-efficient and sustainable financial system on-chain.
At the center of Falcon Finance’s design is the idea that liquidity should be flexible, inclusive, and universally accessible. The protocol allows users to deposit a wide range of liquid assets as collateral, including native digital tokens and tokenized real-world assets. Instead of forcing liquidation, these assets are used to mint USDf, an overcollateralized synthetic dollar that provides stable on-chain liquidity. This approach allows users to maintain long-term positions while still accessing capital for trading, yield generation, or operational needs.
USDf plays a crucial role in Falcon Finance’s ecosystem. As an overcollateralized synthetic dollar, it is designed to remain stable while being backed by diversified collateral. This structure reduces systemic risk and enhances confidence in the stability of the issued liquidity. For users, USDf represents a practical tool that bridges volatility and usability, offering access to dollar-denominated liquidity without relying on centralized custodians or selling core holdings.
One of the key strengths of Falcon Finance is its focus on capital efficiency. In many DeFi protocols, collateral is underutilized, locked away with limited functionality beyond securing loans. Falcon Finance transforms collateral into a productive asset by allowing users to unlock liquidity that can be deployed across the broader DeFi ecosystem. This enables strategies such as yield farming, portfolio rebalancing, and hedging, all while preserving ownership of the underlying assets.
The protocol’s support for tokenized real-world assets further expands its potential impact. By accepting both digital-native assets and real-world representations, Falcon Finance creates a bridge between traditional finance and decentralized infrastructure. This opens the door for broader participation, institutional-grade use cases, and a more diverse collateral base. As tokenization continues to grow, the ability to integrate real-world value into DeFi systems will become increasingly important.
Risk management is another core consideration in Falcon Finance’s architecture. Overcollateralization ensures that USDf maintains its stability even during periods of market volatility. By requiring collateral values to exceed issued liquidity, the protocol introduces a buffer that protects both users and the system as a whole. This conservative approach aligns with long-term sustainability rather than short-term leverage-driven growth.
Falcon Finance is also designed to scale with the evolving needs of decentralized finance. As new asset classes emerge and on-chain activity increases, the protocol’s universal collateral framework can adapt to support additional forms of value. This flexibility positions Falcon Finance as foundational infrastructure rather than a niche lending or stable asset platform.
From a user perspective, the experience is focused on simplicity and accessibility. Instead of navigating multiple protocols to unlock liquidity, users can interact with a single system that supports diverse collateral types and delivers predictable outcomes. This streamlined approach lowers barriers to entry and makes advanced financial strategies more accessible to a wider audience.
The role of incentives and governance is central to Falcon Finance’s long-term vision. The ecosystem is powered by FF, which aligns participants around protocol growth, risk management, and decision-making. By embedding incentives into the system, Falcon Finance encourages responsible participation and decentralized governance, ensuring that the protocol evolves in line with community interests rather than centralized control.
As decentralized finance matures, the demand for robust liquidity infrastructure will only increase. Users are seeking systems that offer flexibility without forcing trade-offs between exposure and access. Falcon Finance addresses this demand by redefining how collateral is used and how liquidity is created on-chain.
By combining universal collateral acceptance, overcollateralized synthetic liquidity, and a forward-looking design, Falcon Finance is laying the groundwork for a more efficient and resilient DeFi ecosystem. As the space continues to expand toward real-world integration and institutional participation, infrastructure solutions like Falcon Finance will play a critical role in shaping the future of on-chain finance.
@Falcon Finance #FalconFinance $FF

The rapid evolution of artificial intelligence is creating a new class of digital actors: autonomous agents capable of making decisions, executing tasks, and interacting with complex systems in real time. As these AI agents become more sophisticated, the need for a blockchain infrastructure that can support agentic payments, verifiable identity, and programmable governance becomes increasingly important. Kite is being built precisely to address this challenge by creating a purpose-built blockchain platform where AI agents can securely transact and coordinate on-chain.
At its core, Kite is an EVM-compatible Layer 1 blockchain designed for real-time transactions and seamless interaction between autonomous agents. Unlike traditional blockchains that are optimized primarily for human-driven activity, the Kite network is designed with AI-native behavior in mind. This means fast finality, predictable execution, and the ability to handle frequent, low-latency interactions that are essential for agent-to-agent coordination and payments.
One of the defining innovations of the Kite blockchain is its three-layer identity system. This architecture separates users, agents, and sessions into distinct identity layers, significantly enhancing security and control. Users represent the human or organizational owners, agents represent autonomous AI entities acting on their behalf, and sessions define temporary execution contexts. By separating these layers, Kite enables granular permissions, reduced attack surfaces, and clearer accountability across autonomous operations.
Agentic payments are a central focus of the Kite ecosystem. Traditional payment systems are not designed for autonomous agents that need to transact programmatically, negotiate services, or pay for compute and data in real time. Kite enables AI agents to hold identities, initiate transactions, and interact with smart contracts without constant human intervention. This unlocks entirely new use cases, including autonomous trading strategies, AI-driven services marketplaces, automated supply chain coordination, and machine-to-machine commerce.
The Kite blockchain’s EVM compatibility plays a crucial role in accelerating adoption. By remaining compatible with Ethereum tooling and smart contract standards, Kite allows developers to leverage existing infrastructure while building AI-native applications. This lowers the barrier to entry for developers and enables rapid experimentation across DeFi, AI services, and decentralized applications that require autonomous execution.
Security and governance are deeply embedded into Kite’s design. Programmable governance allows rules and constraints to be enforced at the protocol and smart contract level, ensuring that agents operate within predefined boundaries. This is essential for preventing unintended behavior and aligning autonomous actions with user intent and regulatory considerations. By combining identity separation with governance controls, Kite creates a more trustworthy environment for autonomous systems.
The KITE token is the economic backbone of the network. Its utility is being introduced in two phases to support sustainable ecosystem growth. In the initial phase, KITE is used for ecosystem participation and incentives, encouraging early adoption, developer engagement, and network activity. This phase is designed to bootstrap usage and align contributors around the long-term vision of agentic infrastructure.
In the second phase, KITE expands its role to include staking, governance, and fee-related functions. Staking will contribute to network security and validator incentives, while governance mechanisms will allow token holders to participate in protocol decision-making. Fee-related utilities will anchor KITE’s value directly to network usage, ensuring that the token plays a central role as activity on the Kite blockchain grows.
Kite’s vision extends beyond payments into broader coordination between AI agents. As autonomous systems increasingly interact with each other, the need for shared execution environments and trust-minimized coordination layers will become critical. Kite positions itself as this coordination layer, enabling agents to discover services, negotiate terms, execute agreements, and settle value on-chain in a transparent and verifiable manner.
The three-layer identity model also enables more advanced operational patterns. For example, users can deploy multiple agents with different permissions and risk profiles, while session-based identities allow for temporary tasks that automatically expire. This flexibility makes Kite suitable for enterprise use cases, decentralized AI services, and consumer-facing applications alike.
As the intersection of AI and blockchain continues to mature, infrastructure choices made today will shape the future of autonomous digital economies. Kite is building with this future in mind, focusing on performance, security, and composability rather than retrofitting existing systems.
In a world where AI agents will increasingly transact, coordinate, and govern resources autonomously, having a dedicated, secure, and programmable settlement layer becomes essential. Kite is positioning itself as that layer, enabling a new generation of applications where humans and AI agents collaborate seamlessly on-chain.
By combining real-time EVM-compatible execution, a robust identity architecture, and a phased token utility model, Kite is laying the groundwork for scalable agentic payments and governance. As adoption grows and autonomous systems become more prevalent, @KITE AI is steadily establishing itself as a foundational platform at the intersection of artificial intelligence and decentralized finance.
@undefined $KITE #KİTE

@APRO Oracle #APRO | $AT
As blockchain technology expands into real-world use cases, reliable data becomes just as important as secure code. Smart contracts can execute perfectly, but without accurate external inputs, they cannot function correctly. APRO addresses this core limitation by acting as an advanced oracle network built to protect data integrity in systems where even small inaccuracies can lead to serious financial or operational consequences.
APRO is designed around the idea that dependable information is essential for the next phase of Web3. As decentralized applications become more automated and interconnected, errors in data delivery can quickly spread across systems. To prevent this, APRO focuses on speed, resilience, and continuous verification, treating accurate data as the foundation of decentralized decision-making.
A key strength of APRO lies in its flexible data delivery architecture. The protocol supports both real-time data feeds and request-based data access. Through its push model, APRO continuously updates critical information on-chain, ensuring smart contracts always operate with fresh and reliable data. This is especially important for financial applications, where delayed or outdated prices can cause significant losses.
In addition, APRO offers a pull model that allows applications to request specific data only when needed. This reduces unnecessary overhead and enables specialized use cases such as identity verification, dynamic gaming logic, event-triggered automation, and custom analytics. By supporting both approaches, APRO delivers efficiency without sacrificing adaptability.
Security is deeply embedded in APRO’s design. Instead of relying on a single verification method, the protocol uses multiple independent validation layers. Each layer evaluates incoming data before it reaches smart contracts, significantly lowering the risk of manipulation and eliminating single points of failure that weaken many traditional oracle systems.
One of APRO’s most advanced capabilities is its use of artificial intelligence for data verification. Rather than depending only on fixed rules, APRO’s AI continuously learns normal data behavior and identifies anomalies in real time. When unusual patterns appear, suspicious inputs can be filtered or rejected before they cause damage. This adaptive intelligence allows APRO to respond effectively to evolving threats and complex market conditions.
APRO also provides verifiable randomness, a critical requirement for fairness in decentralized environments. Applications such as blockchain games, NFT distributions, lotteries, and cryptographic processes rely on randomness that must be both unpredictable and provably fair. APRO delivers mathematically verifiable randomness, ensuring outcomes remain transparent and resistant to manipulation.
Interoperability is another core pillar of APRO’s architecture. The protocol is designed to function across multiple blockchain networks, positioning itself as a universal data layer in an increasingly multi-chain ecosystem. This enables developers to deploy applications across chains without rebuilding oracle infrastructure each time.
By serving as a shared source of trusted data across blockchains, APRO strengthens connectivity within Web3. Developers benefit from scalable and reliable infrastructure, while users experience consistent application behavior regardless of the underlying network. As ecosystems continue to diversify, this continuity becomes increasingly valuable.
The APRO token aligns incentives across the network. It supports oracle operations, rewards data providers, and enables decentralized governance. Token-based participation encourages honest behavior and long-term commitment, while community governance ensures the protocol evolves in line with real-world demands.
Beyond technology, APRO reflects a broader philosophy around trust in automated systems. As more authority is delegated to algorithms and smart contracts, confidence in the data feeding those systems becomes essential. APRO treats data integrity as an ongoing responsibility rather than a one-time feature.
Like any infrastructure operating at scale, APRO faces challenges, including cross-chain expansion, defense against increasingly sophisticated attacks, and maintaining decentralization while controlling costs. However, its layered security model and adaptive verification approach are designed to strengthen over time rather than degrade.
Looking ahead, APRO is positioned to become a foundational component of Web3 infrastructure. As smart contracts expand into finance, gaming, identity, logistics, AI-driven automation, and beyond, demand for fast, accurate, and verifiable data will continue to grow. APRO’s design anticipates this future by combining intelligence, transparency, and resilience.
APRO is more than an oracle supplying information—it is a guardian of on-chain truth. In a digital world where decentralized systems increasingly influence real outcomes, trustworthy data becomes essential infrastructure. By prioritizing accuracy, adaptability, and trust, APRO is helping shape the foundation of the next generation of decentralized applications.
$AT