Abacus Global Management announced it will tokenize its secondary life insurance assets, worth an estimated $224 billion, using blockchain technology to create an immutable on-chain record of policies. This move aims to improve transparency, reduce manual paperwork, speed up transactions, and open access to international investors. By the end of 2026, Abacus plans to have its entire portfolio on-chain, transforming secondary life insurance into a more efficient and investable asset class. This initiative supports Abacus's shift towards a recurring-fee asset management platform and could significantly streamline the $14 trillion life insurance market.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
