Plume and Shinhan Asset Management signed an MOU to test a KRW-denominated tokenized fund backed by Shinhan's won ultra-short-term bond fund. The proof of concept will simulate issuance offshore without actual token issuance or distribution, excluding Korean residents, and will test compliance features like whitelist controls, KYC, and AML. This project aims to explore the feasibility of bringing KRW-denominated investment products to offshore markets via tokenized infrastructure before South Korea's new token securities law takes effect in 2027. The trial benchmarks BlackRock's tokenized fund model but remains exploratory with no commercial launch planned yet.
JinkoSolar, a global clean energy leader, announced it will release its unaudited financial results for Q2 2026 on August 26 before U.S. market open. The company will host a live earnings conference call the same day to discuss results and outlook. I...
Bolivian fintech Peso has partnered with Yango Food to allow users to pay for food delivery using USDT, a dollar-pegged stablecoin. This integration helps address Bolivia's dollar liquidity issues by enabling digital dollar transactions without requi...
In Q2 2026, Sigma Lithium achieved record revenues of $55 million and an all-time high EBITDA margin of 47%, driven by a 17% increase in lithium oxide prices and a 50% rise in production to 35,400 tonnes. The company reduced costs by over 30% and cut...
Verition Fund Management, a hedge fund managing $15 billion, increased its Bitcoin ETF holdings by 19% to 3.07 million shares worth about $110 million. This move contrasts with a general decline in institutional Bitcoin ETF investments in early 2026,...
Meta and Alphabet reported strong Q2 2026 results with Meta's ad revenue growing 27% and Alphabet's Cloud business accelerating 82%. Despite this, Meta trades at 22 times earnings and Alphabet at 17 times, which is cheap for their growth levels. Meta...
