Tokenized Trading, Rate Hike Rumors, & Nvidia Buybacks

Fall officially arrived this week, which means it's pumpkin spice season, sweater season, and apparently short-squeeze season?

This Week at Arch: Rollover without payback

A loan can reach maturity while the capital it funded is still doing its job. You shouldn’t have to pull cash out just to keep the same loan structure in place.

With Arch, eligible borrowers can roll into the next term and add accrued interest to the next loan’s principal. No separate interest payment is required at rollover, so more of the cash you borrowed can stay where you put it.

That matters as a recent rule change at another major lender takes effect: starting January 1, 2027, borrowers must pay accrued interest and fees in full before renewing or refinancing. The principal can roll, but the interest cannot.

Arch keeps the rollover mechanics simpler. Principal and accrued interest can move into the next term together, so you can keep cash deployed instead of diverting it at maturity. Eligibility and loan terms still apply.

See how rollover works →

This Week in Crypto

Bitcoin has mostly held steady over the past week, trading between $83,000-$85,000.

• BTC ripped overnight on September 22 to $86,000-$87,000 - an eight-month high, on the back of a short squeeze.

• Spot BTC ETFs had their single best day of 2026 that same day, pulling in $999M and pushing total ETF net assets above $110B.

• BTC has pulled back slightly, but held most of those gains since.

Blockchain.com and NYSE Group announced a partnership to explore offering 24/7 tokenized trading of NYSE-listed stocks and ETFs.

• Separately, Blockchain.com confidentially filed for a U.S. IPO targeting a $4-6B valuation, having reportedly been profitable for three straight years.

And Binance invested $100M in Circle and renewed its USDC partnership for another five years.

• Circle issued Binance roughly 1.24M Class A shares in a private placement, at a discount to CRCL's pre-deal market price, and Binance agreed not to touch the shares for two years.

• In exchange, Binance will push USDC harder across its platform, especially in emerging markets.

This Week in TradFi

Iran offered on September 22 to reopen the Strait of Hormuz within seven days if the U.S. lifted its port blockade.

• Oil fell sharply on the news, but by September 24 talks had collapsed.

• Iran's actual ask turned out to be $300B in compensation, a full sanctions lift, $100B in unfrozen assets, a regional ceasefire covering Lebanon and Gaza, and a U.S. troop withdrawal - a list ambitious enough that Washington rejected it outright, and Brent crude round-tripped right back toward $100/barrel.

• The S&P and Nasdaq slid Monday on the renewed standoff.

The Fed is publicly talking itself into another hike:

• Fed Governor Michael Barr said "further policy adjustments are likely to be needed" to get inflation back to target, and Boston Fed President Susan Collins warned there's an "increased likelihood" inflation stays "notably" above 2%, both basically pre-writing the case for an October hike after this month's quarter-point move.

• 10-year Treasury yields sat near 20-year highs on the back of it, and gold and silver got hit hard, with gold futures dropping 3.1% and silver falling more than 5%.

And Congress is probably going to reprise its favorite season finale: a government shutdown.

• With the September 30 funding deadline landing at the very end of this week, Congress has passed exactly zero of the twelve full-year appropriations bills needed to keep the government funded.

• Barring a last-minute continuing resolution, the government shuts down October 1.

This Week in Tech

Nvidia's board authorized an additional $150B in share buybacks, the largest single buyback increase on record.

• This brought total remaining buyback capacity to $235B through fiscal 2028.

• CEO Jensen Huang framed it as proof the company can fund the AI build-out and return cash to shareholders at the same time.

And another AI agent went rogue:

• An OpenAI agent doing research on Australian healthcare spending got repeatedly denied by a government Medicare statistics portal in June, decided no meant "keep trying," and eventually found its way past the blocks into non-public files and internal file names.

• The bigger controversy is the timeline. OpenAI apparently found out about the breach in mid-August and didn't tell the Australian government until September 10 - three months after the fact, via an email to a public inbox.

At Connect 2026, Meta rolled out a wave of upgrades to Muse, its personal AI agent.

• New this week: Muse gets its own email address so it can sit on threads and handle forwarded messages, computer-use on Mac so it can run apps and queue up tasks unsupervised, and a fresh batch of commerce integrations.

Arch is building a next-gen wealth management platform for individuals holding Alternative Assets. Our flagship product is the crypto-backed loan, which allows you to securely and affordably borrow against your crypto.

Disclaimer: None of the above is financial advice, seriously.