Cross River, a tech-focused financial institution, has committed $250 million in a forward flow agreement to Figure, supporting its crypto-backed mortgage lending. This deal ensures Figure has predictable liquidity to originate new loans where digital assets serve as collateral for home mortgages. The commitment signals growing institutional confidence in crypto-collateralized lending, bridging traditional finance and blockchain. It may lead to increased mortgage origination volumes and further institutional involvement in crypto-backed loans.
Walmart is strengthening its position as a long-term growth stock by expanding its high-margin digital business, which includes a 37% rise in global advertising revenue and nearly 50% growth in marketplace sales. E-commerce now makes up 23% of total ...
Ethena Labs is evaluating tokenized AAA-rated Collateralized Loan Obligations (CLOs) as new reserve assets for its synthetic dollar stablecoin, USDe, with position caps around $310 million to manage risk. This move aims to reduce reliance on crypto-n...
Pump.fun, known for its memecoin launchpad on Solana, has launched GO, a new bounty marketplace where users post tasks with SOL rewards in escrow. Within hours, GO had over 230 active bounties and $111,000 in unclaimed rewards, including some controv...
Redwire, a space and defense contractor, has seen its stock price soar 190% year to date, driven by strong contract wins and revenue growth of nearly 58% in Q1 FY2026. Despite a record backlog and expanding gross margins, the company remains unprofit...
Oklo, a pre-revenue company focused on small modular nuclear reactors, reported zero revenue and a $73.62 million net loss in FY2024, with no commercial operations yet and a target to start power generation by late 2027 or early 2028. Despite a large...
