Broadridge Financial Solutions has expanded its Distributed Ledger Repo (DLR) solution to include G7 securities, enabling global cross-border repo transactions and collateral movements with atomic settlement. This expansion allows institutions to execute intraday repo activities and manage collateral more efficiently across multiple markets and currencies, reducing settlement risk and operational friction. The DLR network processed an average of $351 billion daily in repo transactions as of August 2026, highlighting its growing institutional scale. This move enhances liquidity, capital efficiency, and transparency in global financing markets, with aggregated market data now available via Bloomberg Terminal through Broadridge's partnership with Kaiko.
Cryptocurrency markets fell amid rising US-Iran tensions, with Solana and Tron dropping over 3%, while Bitcoin showed resilience, declining only about 1% near $77,500. The broader sell-off was driven by global macroeconomic concerns, including rising...
Bitcoin has remained stable around the $76,000-$80,000 range despite challenges from rising oil prices, higher U.S. Treasury yields, and falling equities. These factors typically pressure risk assets, but Bitcoin's resilience may be due to increased ...
Binance has expanded its traditional finance (TradFi) services by introducing options trading on 1,000 US stocks and ETFs. This move allows retail investors on the platform to access more diverse investment products beyond cryptocurrencies. It marks ...
Hyperliquid Strategies expanded its equity financing facility with Chardan Capital Markets from $1 billion to $2.5 billion, allowing it to sell more shares over time to fund general corporate purposes, including potential purchases of its native toke...
Tectonic Therapeutic has shown promising Phase 1b data for its TX45 drug targeting pulmonary hypertension in heart failure patients, supported by external Merck trial results. The company’s financial position is strong, with cash to fund operations t...
