Finance News AUM of tokenised funds could hit $600bn by 2030 admin, November 1, 2024 Fund tokenisation has already reached $2 billion in assets under management (AUM) as of late 2024, and Boston Consulting Group is estimating that the AUM of tokenised funds could reach 1% of global mutual funds and exchange-traded funds (ETF) AUM in just seven years, a potential AUM of more than… Continue Reading
Crypto News What’s Happening With Crypto Mining in Russia? admin, November 1, 2024 Key Aspects of Russia’s New Crypto Mining Laws Feature Description Definition and Registration Defines terms like mining and mining pools; requires mining businesses to register. Foreign Entity Restrictions Prohibits foreign organizations from conducting mining operations in Russia. Regional Power Control Allows restrictions on mining in areas with potential energy shortages…. Continue Reading
Finance News Stocks making the biggest moves midday: INTC, AMZN, BA, CVX admin, November 1, 2024 Check out the companies making headlines in midday trading: Cardinal Health — The health-care services provider gained 5.5%, hitting a new 52-week high, after Cardinal exceeded fiscal first-quarter earnings expectations and lifted its adjusted earnings outlook for fiscal 2025. The company posted earnings of $1.88 per share, excluding items, on… Continue Reading
Crypto News 3 reasons Cardano and XRP investors are rushing to buy this new token under $0.001 admin, November 1, 2024 Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting focus to XYZVerse, a new token with a low entry price, attracting seasoned traders seeking growth. Investors in top cryptocurrencies are rapidly turning their attention to… Continue Reading
Finance News Analysis: Renewed bid for Japan’s 7-Eleven parent tests shareholder capitalism admin, November 1, 2024 Canada’s Alimentation Couche-Tard’s, operator of rival Circle K, has reportedly increased its original bid to acquire Japan’s Seven & i Holdings, owner of rival 7-Eleven convenience stores, after a $39 billion offer was rejected back in early September. The combined entity would bring together more than a hundred thousand shops… Continue Reading
Crypto News SingularityDAO merges with Cogito Finance and SelfKey following community approval admin, November 1, 2024 Key Takeaways SingularityDAO merges with Cogito Finance and SelfKey to form Singularity Finance. The merger enhances SingularityDAO’s AI portfolio management with SelfKey and Cogito’s RWA tokenization and identity solutions. Share this article SingularityDAO token holders have approved a merger with Cogito Finance and SelfKey to form Singularity Finance, an EVM… Continue Reading
Finance News Jack Dorsey’s Block expands Square Card service to the UK admin, November 1, 2024 Marco Bello | AFP | Getty Images LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid to deepen its expansion into the country and take on big incumbents like American Express. The firm’s business-focused payments arm,… Continue Reading
Crypto News Julian Assange And Bitcoin Face Similar Problems; Both Were Demonized: Says Assange Family admin, November 1, 2024 “I think Bitcoin has had some similar problems around demonization,” said Gabriel Shipton, a film producer and a strong advocate for his brother Julian Assange. After a lengthy, 14 year court battle, the WikiLeaks founder Julian Assange returned to Australia in June 2024 after reaching an agreement that guaranteed his… Continue Reading
Finance News Tim Chang appointed ANZ China’s director, corporate finance admin, November 1, 2024 ANZ China has appointed Tim Chang as director, corporate finance. Chang (pictured) will based in Shanghai and he will start on November 18 and will be focused on supporting syndicated lending and corporate finance business across China. Since joining ANZ in 2012, Chang has held a number of senior roles… Continue Reading
Finance News HKEX plans Riyadh office as Saudi Exchange launches two Hong Kong ETFs admin, November 1, 2024 The Hong Kong Stock Exchange (HKEX) is planning to open an office in Riyadh in 2025. The aim of the new office is to strengthen HKEX’s Middle East presence as the group looks to promote greater connectivity between China and the Middle East. According to an announcement, the new Riyadh… Continue Reading