PANews reported on October 21st that BitcoinOS has secured $10 million in funding to expand its institutional-grade Bitcoin financial tools and developer protocols. The round was led by Greenfield Capital, with participation from FalconX, DNA Fund, Bitcoin Frontier Fund, and a group of angel investors including Anchorage Digital CEO Nathan McCauley and Spartan Group's Leeor Groen.
BitcoinOS plans to use the funds to expand its developer and institutional infrastructure, including Grail Pro, a BTC yield protocol currently in pilot with custodians. The project also supports trustless cross-chain bridging between other blockchain networks, including Ethereum and Cardano.

Legal experts are concerned that transforming ESMA into the “European SEC” may hinder the licensing of crypto and fintech in the region. The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission published a package proposing to “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.Concerningly, the ESMA’s jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.Read more

