Ondo Finance successfully closed an SEC investigation without charges, gained expanded FINRA authorization for tokenized securities, and tokenized BlackRock's IVV ETF under a new SEC-endorsed framework. With $2.5 billion in assets under management and a rapidly growing $36 billion tokenized asset market, Ondo is now exploring a $250-$500 million acquisition in wealthtech to broaden its financial services reach. The company also shifted from building its own blockchain to launching Ondo Network, a high-speed execution layer that enhances trading and settlement efficiency. This strategic move positions Ondo to compete alongside major financial institutions and expand its market presence internationally.
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
Verastem Inc. reported $25.1 million in net product revenues for Q2 2026 from its Avmapki Fakzynja Co-pack, used for certain ovarian cancer patients. The company is also developing a KRAS G12D inhibitor, VS-7375, targeting multiple cancers, with impo...
Radiant Uranium has finalized its acquisition of the 2,048-hectare Cross Lake uranium property in Saskatchewan's Athabasca Basin by issuing 4 million shares and paying $20,000 to Bromell Mining LLP. The property contains a historic uranium estimate o...
One year after reaching a record high of over $126,000 in October 2025, Bitcoin's price has dropped just 32% to around $85,453, a much smaller decline compared to previous bear markets where drops ranged from 70% to over 80%. This milder downturn is ...
The Solana Foundation introduced Solana DvP, an open-source protocol that enables financial institutions to complete trade settlements on blockchain within seconds instead of days. Developed with guidance from JPMorgan, the protocol replaces fragment...
