FLUENT Corp reported Q1 2026 revenue of $17.9 million, down from $22.9 million the previous year, with a 20% reduction in operating expenses. The company faces liquidity challenges with $8.3 million cash on hand and $78.8 million debt but is pursuing strategic moves including a pending acquisition by Vireo Growth and sale of its Texas operations to Legacy Therapeutics for $30 million. These initiatives aim to strengthen FLUENT's financial position and support ongoing operations amid continued price pressures in Florida's cannabis market. FLUENT operates 36 retail stores and 8 production facilities across key states and plans to open more dispensaries in Florida.
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'...
