Ocado Group's shares surged 13% after announcing a partnership with Asda to upgrade the supermarket's ecommerce platform, marking Ocado's first major UK client win in years. The deal involves deploying Ocado's Smart Platform across Asda's entire ecommerce operation from early 2027, including webshop technology, in-store fulfilment, and last-mile delivery software. This partnership opens new revenue streams, including click and collect and third-party delivery integrations, and could serve as a model for future contracts with other retailers. While not expected to impact Ocado's current financial year materially, it boosts confidence in future growth and supports a positive cash flow forecast for 2027.
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'...
