Tokenized treasury funds on Ethereum have exceeded $22.5 billion, capturing 71.9% of the global blockchain fund market. This rapid growth is driven by institutional players like JPMorgan, BlackRock, and Franklin Templeton launching on-chain money market products that replicate traditional funds but operate on blockchain. The market saw a sharp rise from $10 billion to over $20 billion after 2024, signaling Ethereum's key role in tokenized money markets and short-term yield instruments. This trend marks a shift as traditional finance increasingly adopts decentralized, permissionless systems for liquidity and capital efficiency.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
