Centrifuge, a platform for tokenizing real-world assets (RWAs) on blockchain, has seen a 300% growth in tokenized assets, reaching nearly $4 billion. This growth contrasts with the broader DeFi market, which has contracted due to speculative token dynamics. Centrifuge's TVL is between $1.3 billion and $1.8 billion, supported by institutional players like Janus Henderson and New York Life Investment Management, which launched a tokenized high-yield corporate bond fund. The platform's success highlights the growing institutional adoption of tokenized securities, offering benefits like 24/7 trading and fractional ownership, though regulatory uncertainties remain a risk.
Alkermes plc's drug ALKS7290 demonstrated significant improvement in ADHD symptoms in a Phase 1b trial, with patients showing a 14- to 19-point gain on a 54-point scale within two weeks. This outperforms typical placebo effects, which range from 6 to...
Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...
On September 21, 2026, Sandisk was added to the S&P 100 index, replacing Nike, which was removed on the same day. This change reflects shifts in market capitalization and company performance within the index. The update is significant for investors t...
Ethereum's price surged past $2,700 for the first time since January 31, driven by two large whale buyers who purchased about $106.4 million worth of ETH in five days. One whale notably sold 1,107 BTC to buy and stake 34,422 ETH, signaling strong con...
J.B. Hunt's stock fell 13% after diesel prices surged past $6 per gallon, causing higher costs that outpaced fuel surcharges. CFO Brad Delco explained this as a timing mismatch, expecting surcharges to catch up in Q4. Analysts remain optimistic, citi...
