POSCO International, South Korea's largest trading company, is piloting the tokenization of real commercial invoices on the Injective blockchain in partnership with LG CNS. This pilot creates a unified, transferable onchain record for trade receivables, improving transparency and reducing multi-day reconciliation cycles across global subsidiaries. The initiative aims to reach live production by 2026, potentially enhancing working capital management significantly. This move reflects growing enterprise adoption of interoperable blockchain ledgers and could influence broader tokenization and CBDC developments in South Korea.
Ascendis Pharma announced that the European Medicines Agency's CHMP has given a positive opinion for TransCon CNP (Navepegritid), a once-weekly treatment for achondroplasia in children aged 2 and above with open growth plates. This recommendation sup...
Ascendis Pharma announced that the European Medicines Agency's CHMP has issued a positive opinion recommending approval of TransCon CNP (navepegritide), a once-weekly treatment for achondroplasia in children aged two and older with open growth plates...
Morgan Stanley reports a 32-gigawatt electricity deficit for US data centers through 2028, a 34% shortfall even after alternative power sources. This power gap threatens AI growth as data centers need constant energy to operate. Tech analyst James Al...
On October 17, Solana (SOL) experienced the largest decline in open interest among major cryptocurrencies, falling 4.25% to $929.5 million. Bitcoin's open interest also decreased by 0.69% to $7.68 billion. Both Solana and Bitcoin had the highest fund...
Consumer services are currently deeply undervalued compared to their 11-year averages and show strong quality metrics, making this subsector particularly attractive for investors. The Fidelity MSCI Consumer Discretionary Index ETF, which has a value ...
