Nu Ride Inc. has agreed to acquire Affinity Advisory Network and AAN Wealth Advisors for about $9.6 million, combining insurance distribution with wealth advisory services. Affinity operates a nationwide platform supporting agents in over 700 U.S. cities and generated $3.5 million in revenue over the past year. The acquisition aims to leverage Affinity's scalable platform and training systems to drive growth in retirement planning and independent financial advisory sectors. The deal is expected to close in Q3 2026, with Affinity's founder retaining a 15% stake and continuing to lead the business.
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'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
