Crexendo (CXDO) reported 29% revenue growth to $20.7 million, driven by its expanding NetSapiens platform and AI products like CAIRO that enhance average revenue per user. The company achieved its 11th consecutive GAAP profit and strengthened revenue stability through the ESI acquisition. With session-based pricing and AI integration, Crexendo is well-positioned for competitive growth, targeting a $100 million revenue run rate by the end of 2026. Management plans to sustain double-digit organic growth and pursue acquisitions among NetSapiens licensees to accelerate expansion.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
