Ondo Finance introduced tokenized versions of BlackRock’s IVV ETF and Micron stock in the U.S., using a third-party custodial model approved by the SEC. These tokens, issued on Ethereum and backed 1:1 by the underlying securities held by regulated custodians, provide holders with shareholder rights including proxy voting and issuer communications. This launch marks a regulatory milestone, expanding blockchain access to traditional U.S.-listed securities while maintaining compliance with existing market and custody systems. Ondo Finance aims to grow the tokenized securities market with these and other offerings globally.
A regional nonprofit health plan reduced its Transparency in Coverage machine-readable file (MRF) production time from 45 days to less than 24 hours by integrating TALON's platform directly with its claims administration system. This eliminated a com...
ASUS has introduced two new Chromebooks in the US market: the budget-friendly CM15 laptop and the versatile CM32 Detachable 2-in-1 device. Both run on the MediaTek Kompanio 540 processor, offer up to 12 hours of battery life, and feature military-gra...
Slate Medicines, a biotech firm focused on migraine treatments, has appointed Mark W. Hahn to its Board of Directors. Hahn brings over 25 years of experience in life sciences, including leading companies through financial milestones and FDA approvals...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
A shareholder class action lawsuit has been filed against Planet Fitness, Inc., accusing the company of making false or misleading statements about its ability to roll out a Black Card price increase nationally, its membership growth outlook, and the...
