OCBC has introduced GOLDX, a tokenized fund offering on-chain exposure to physical gold via the LionGlobal Singapore Physical Gold Fund, which holds about $525 million in assets. Available on Ethereum and Solana blockchains, the token allows institutional investors to buy using fiat or stablecoins, with allocations delivered directly to blockchain wallets. This move reflects growing institutional interest in tokenized real-world assets, valued over $29 billion, and positions OCBC among leading banks integrating traditional finance with blockchain technology. The product targets hedge funds, asset managers, and high-net-worth investors seeking secure gold exposure through decentralized finance infrastructure.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
UnitedHealth Group reported second-quarter earnings that surpassed expectations, driven by better management of high medical costs and AI investments to streamline operations. The company raised its 2026 adjusted earnings forecast to $19.50-$20 per s...
Meta Platforms has been upgraded to a buy rating due to its new cloud business, which is expected to stabilize cash flow and improve profitability. Despite heavy capital expenditures, Meta maintains strong free cash flow margins and operational effic...
Willow Tree Research initiates coverage of Alnylam Pharmaceuticals with a non-consensus BUY rating, viewing the recent stock price decline as an overreaction. The company’s drug AMVUTTRA holds a near-term commercial monopoly in TTR silencing, with st...
SpaceX shares fell below their IPO price of $135 for the first time, dropping to $132.28 before closing slightly above at $135.27. The stock is down about 16% from its June 12 closing price and 36% from its peak on June 16. The decline reflects inves...
