CME Group introduced Nasdaq CME Crypto Index futures, a new product allowing institutional investors to trade a single contract representing a basket of seven major cryptocurrencies, including Bitcoin, Ethereum, and Solana. The index is heavily weighted toward Bitcoin at nearly 77%, with Ethereum and XRP following. The futures settle financially with no physical token delivery, available in standard and micro contract sizes to suit different investor needs. This offering provides a regulated, diversified crypto exposure option, differentiating CME from offshore exchanges and appealing to compliance-conscious institutional investors.
Robinhood Markets Inc. has received approval for its brokerage arm, Robinhood Securities, to act as an IPO underwriter. This development allows Robinhood to move beyond merely distributing IPO shares to retail investors and take a more active role in...
Credilab, a fintech partner of V Gallant Limited, has received full approval to operate as an online lending platform in Malaysia. This regulatory approval accelerates the commercialization of V Gallant's AI-powered lending infrastructure, enabling f...
Parabilis Medicines, a clinical-stage biopharmaceutical company, announced the pricing of its upsized initial public offering (IPO) of 33.5 million shares at $20 each, expected to raise approximately $670 million. Additionally, Parabilis agreed to a ...
Halper Sadeh LLC is investigating whether shareholders of Nuvalent, SUNation Energy, Organon & Co., and Taylor Morrison Home Corporation are receiving fair treatment in their companies' recent sales or mergers. The law firm highlights potential confl...
Inno Holdings (INHD) stock was halted by Nasdaq after soaring over 3,600% in one session, rising from about $1.01 to above $66. The surge followed a $3 million contract with a Hong Kong AI firm, which is small compared to typical mid-cap expenses. Th...
