Digital asset ETP: Last week's outflow of funds reached a new high of $2 billion since February

[Solana Foundation President Lily Liu Calls for a Return to the Spirit of Crypto-Nativity] On November 17, Solana Foundation President Lily Liu posted on social media, stating that 'enterprise chains' are stifling the native spirit of the crypto space. She pointed out that some companies with massive assets and distribution channels are promoting centralization by packaging single sequencers and claiming that 'decentralization doesn’t matter.' Meanwhile, application chain infrastructures that truly adhere to the spirit of crypto-nativity are being suppressed by corporate giants, with some projects even shifting to the 'enterprise chain' model due to revenue challenges. Lily Liu emphasized that this runs counter to the original intent of the crypto space.

On November 17, Brevis released the ProverNet white paper, proposing a decentralized zero-knowledge proof generation market mechanism based on real-time online two-way auctions. This mechanism enables efficient matching of diverse computational tasks with specialized proof hardware. ProverNet leverages collaboration experience from projects such as PancakeSwap, Uniswap, Euler, Linea, and MetaMask to address core issues in existing proof infrastructure. The mechanism will operate on the dedicated rollup Brevis Chain, with plans to officially launch by the end of 2025. Brevis stated that this will drive the transition of zero-knowledge proof services from a centralized single-supplier model to a competitive market.

[Sharps Technology Q3 Raised $411 Million, Plans to Increase SOL Holdings] Sharps Technology completed a $411 million fundraising in Q3, planning to continue increasing its SOL holdings. According to its financial report as of October 31, the SOL treasury holdings have exceeded 2 million tokens, with staking income and fair value gains of digital assets totaling approximately $17.7 million in Q3.

UBS Group has partnered with Ant International to achieve real-time cross-border payments and liquidity management across jurisdictions through deposit tokenization. （Cointelegraph）

[Gemini Launches Zero-Fee Tokenized Stock Trading Service for EU Customers] Cryptocurrency exchange platform Gemini has announced that EU customers can now enjoy zero-fee trading of tokenized stocks starting today.