Impact investment firm Kula has partnered with Lionhart Capital to develop a proof of concept for regulated title tokenisation of real-world assets (RWA), challenging the current dominant model where tokens represent contractual claims rather than direct ownership. The $31 billion RWA token market mostly uses referential tokenisation, which depends on intermediaries and legal enforcement outside the blockchain. Kula's approach issues legal and economic ownership rights directly on-chain under regulatory oversight, potentially offering stronger security and clarity for investors, especially under market stress. The success of this initiative could influence institutional adoption and regulatory standards in the growing tokenised asset space.
Diraq, a pioneer in silicon-based quantum computing, has appointed Scott A. McGregor, former Broadcom CEO, as Chairman of the Board to support its US expansion and product launch by 2029. McGregor's semiconductor expertise aligns with Diraq's goal to...
The global airline industry faces a $100 billion increase in jet fuel costs due to a Middle East conflict, threatening its post-pandemic recovery. Fuel prices surged over 100% in March, forcing airlines to cut less profitable routes and causing major...
Pfizer reported that its obesity drug berobenatide achieved a 15.9% weight loss in a Phase 2b study without placebo adjustment. The pivotal Phase 3 trial for berobenatide is now open for enrollment, aiming to strengthen Pfizer's position in obesity t...
GE Aerospace announced a collaboration with Wolfspeed to develop high-voltage silicon carbide power modules, aiming to enhance efficiency in aerospace and defense sectors. This partnership aligns with U.S. government priorities to accelerate critical...
Sportradar shares rose sharply after announcing a multi-year global partnership with Kalshi, the world's largest prediction market. This deal expands Sportradar's role as a key data provider across major sports leagues like MLB and NHL, enhancing tra...
