Ondo Finance has requested US regulators to permit perpetual futures tied to individual stocks to be traded onshore, citing $8 billion in trading volume on its offshore platform within six weeks. The company argues that existing US security futures rules can cover these contracts, which have no fixed expiration but use funding payments to track underlying stock prices. Ondo proposes using current regulatory frameworks rather than creating new categories, aiming to provide US investors regulated access to these products. The SEC and CFTC are reviewing rules for onchain derivatives, and Ondo's proposal could influence future regulatory approaches to blockchain-based securities and futures.
Miracles, a personalized children's book maker, has printed more than 100,000 books, serving over 45,000 families. Each book features a unique 3D character of the child, created from a single photo, making the child the hero of the story. Books for U...
Miracles, a company specializing in personalized children's books where each child becomes the story's hero, has printed over 100,000 books for more than 45,000 families. The books are printed locally in Germany and delivered within a few days, offer...
The global migraine market is projected to expand at a 6% annual growth rate through 2036, driven by rising migraine prevalence, better diagnosis, and awareness. Innovative treatments beyond traditional CGRP inhibitors, including PACAP-targeted thera...
Disc Medicine's stock surged 38% following positive Phase 3 trial results for its drug bitopertin, which showed efficacy and safety in treating erythropoietic protoporphyria. BMO Capital raised its price target from $100 to $120 and maintained an Out...
Qualcomm executive Ann C. Chaplin sold 1,827 shares of the company's stock for $319,268.25 under a Rule 10b5-1 trading plan, reducing her holdings by 6.62%. Qualcomm's stock price recently traded below its 50-day and 200-day moving averages, signalin...
