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Gumi and SBI launch $18.3M fund targeting Bitcoin and major altcoins with staking and rebalancing.

Market News
29 Jul 2026
Crypto Briefing
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Bullish
pluang ai news

Gumi Inc. and SBI have launched SBI Crypto Fund I, a $18.3 million investment vehicle focused on Bitcoin and major altcoins, starting August 1, 2026. The fund uses strategies like staking, hedging, and portfolio rebalancing and is backed by major investors including Daiwa and Yamada Securities. This move highlights Japan's growing institutional interest in crypto, with Gumi preparing for potential crypto ETF approvals and aiming to become Japan's largest XRP treasury company. The involvement of established firms signals increasing regulatory and market maturity in Japan's crypto sector.

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Halper Sadeh LLC investigates if UTZ, BLFS, NRIM shareholders get fair deals in recent sales and mergers

Halper Sadeh LLC investigates if UTZ, BLFS, NRIM shareholders get fair deals in recent sales and mergers

Halper Sadeh LLC is investigating whether the sales and mergers involving Utz Brands, BioLife Solutions, and Northrim BanCorp provide fair financial terms to their shareholders. The firm suspects insiders might gain benefits not available to ordinary...

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2 hours ago
Mesoblast reports $115M Ryoncil revenue in first year post-FDA approval, expands trials for serious inflammatory diseases.

Mesoblast reports $115M Ryoncil revenue in first year post-FDA approval, expands trials for serious inflammatory diseases.

Mesoblast announced $36 million in net revenue for Q4 and $115 million for the first full year following FDA approval of its Ryoncil therapy, used to treat steroid-refractory acute graft versus host disease (SR-aGvHD) in children. The company is expa...

Company Fundamentals
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3 hours ago
Fortuna approves 30% expansion of Séguéla Gold Mine to boost production and recoveries.

Fortuna approves 30% expansion of Séguéla Gold Mine to boost production and recoveries.

Fortuna Mining Corp. has approved a $109 million expansion of its Séguéla Gold Mine in Côte d’Ivoire, increasing processing capacity by 30% from 1.75 to 2.3 million tonnes per annum and improving gold recovery to 94.5%. This expansion includes upgrad...

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Bullish
3 hours ago
BeOne Medicines shifts to a multi-asset cancer platform with 35.5% revenue growth in Q1 2026

BeOne Medicines shifts to a multi-asset cancer platform with 35.5% revenue growth in Q1 2026

BeOne Medicines is evolving from relying on its BRUKINSA drug to becoming an integrated hematology and oncology company with multiple growth drivers. In Q1 2026, the company reported a 35.5% increase in revenue, expanding profit margins, and rising p...

Company Fundamentals
Bullish
4 hours ago
Quantum BioPharma settles CAD$123K debt by issuing shares to creditors

Quantum BioPharma settles CAD$123K debt by issuing shares to creditors

Quantum BioPharma has closed a debt settlement by issuing 30,948 Class B subordinate voting shares worth CAD$123,487.43 to its creditors. The shares were priced at CAD$3.99 each, based on the previous trading day's closing price on the Canadian Secur...

Company Fundamentals
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4 hours ago
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