SK Hynix raised a record $26.5 billion in its Nasdaq debut, the largest US IPO by a foreign company. Ondo Global Markets immediately tokenized SK Hynix shares, allowing them to trade on Solana, Ethereum, and BNB Chain via LayerZero’s cross-chain technology. This marks a milestone for tokenized equities by linking major IPOs to blockchain trading on day one, aiming to reduce fragmentation in the tokenized asset market. Ondo’s platform has grown rapidly, now hosting over 430 tokenized assets with $500 million in total value locked, signaling growing investor interest in blockchain-based stock trading.
Toast CEO Aman Narang sold 138,000 shares of the company, raising $4.9 million. This sale comes as Toast's stock price has fallen 24%, signaling potential concerns or profit-taking by insiders. The move may impact investor sentiment and raise questio...
Coca-Cola reported strong Q1 2026 results with revenue up 12% and EPS beating estimates, driving a 25% YTD stock gain despite a recent slight pullback. The company increased its quarterly dividend to 53 cents per share, marking the 63rd consecutive y...
Morgan Stanley analyst Adam Jonas projects SpaceX stock could rally more than 125% from its current price to reach $300 per share, citing the company's expanding artificial intelligence business and strong Starlink satellite service growth. SpaceX re...
The Federal Reserve's lack of clear forward guidance is causing both nominal and real interest rates to rise, steepening the yield curve. Real yields have surpassed inflation expectations for the first time since 2008, indicating a possible shift in ...
Large XRP holders have quietly amassed over 380 million tokens amid a new buy signal from the Tom DeMark Sequential indicator, suggesting a possible bullish reversal. XRP is trading near a key resistance level of $1.06, with on-chain data showing nea...
