Ondo Finance has filed a no-action request with the U.S. SEC to tokenize securities entitlements on the Ethereum Mainnet for its Ondo Global Markets (OGM) products. This move aims to improve operational efficiency, including collateral monitoring and redemption workflows, without changing the existing legal framework or investor protections. BitGo will act as custodian for the tokenized securities. The request asks the SEC to confirm that it will not take enforcement action on this specific model, which adds a tokenized layer for recordkeeping while keeping official records intact. Ondo emphasizes that this approach blends public blockchain technology with traditional securities regulation to enhance current processes rather than overhaul them.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
