Berenberg has given IP Group PLC a 'Buy' rating and set a price target of 119p, suggesting about 70% upside from its current price. The firm highlights IP Group as an undervalued asset trading at a 40% discount to its net asset value despite improving portfolio valuations and strong liquidity. Key to Berenberg's positive outlook is IP Group's stake in Metsera, acquired by Pfizer for up to $10 billion, with potential future royalties valued at £128.2 million. The portfolio continues to attract funding, and IP Group ended 2025 with £211 million in cash after significant realizations and share buybacks.
Plume and Shinhan Asset Management signed an MOU to test a KRW-denominated tokenized fund backed by Shinhan's won ultra-short-term bond fund. The proof of concept will simulate issuance offshore without actual token issuance or distribution, excludin...
The U.S. Consumer Product Safety Commission has recalled about 213,500 Goody King Magnetic Building Cubes and Blocks due to a serious ingestion hazard. The toys can break, releasing small powerful magnets that children might swallow, which can cause ...
JPMorgan Chase increased its stake in Blackrock's spot Bitcoin ETF to $355.7 million in Q2 2026, more than doubling from Q1. The bank also re-entered XRP investments through Bitwise and Grayscale funds after previously exiting, while its Ethereum hol...
Chainlink (LINK) has gained nearly 8% over the past week, testing the $8.80 level within a broader consolidation channel. Key bullish indicators include an MVRV ratio golden cross with the 200-day average, increased whale transactions above $1 millio...
Touchstone Exploration's shares rose nearly 19% after reporting a sharp rebound in Q2 earnings, with net income swinging to $2.34 million from a $2.38 million loss in Q1. Funds flow from operations increased to $7.13 million, driven by a 39% rise in ...
