Robinhood introduced Robinhood Earn, a savings product offering about 7% APY on USDG stablecoin deposits. USDG is a 1:1 USD-backed stablecoin issued by Paxos and part of the Global Dollar Network. Robinhood Earn routes funds through Morpho vaults and Spark's yield infrastructure, enabling users to earn yield without directly interacting with DeFi platforms. This product operates on Robinhood Chain, a Layer-2 blockchain supporting tokenized stocks and DeFi, and reflects Robinhood's strategy to offer regulated, user-friendly on-chain yield products without building yield mechanisms from scratch.
Guggenheim Investments declared distributions for multiple closed-end funds, including Advent Convertible Income Fund and Guggenheim Strategic Opportunities Fund, with payments scheduled for July 31, 2026. These distributions may include income, capi...
AI/R Avenue Code, a subsidiary of AI/R, has achieved Google's Gemini Enterprise competency, recognizing its expertise in deploying advanced AI solutions securely in enterprises. This certification highlights their strengths in security, workflow auto...
Bitget Wallet has partnered with Robinhood Crypto to integrate Robinhood Chain, an Ethereum Layer 2 network for tokenized real-world assets. This allows Bitget's 90 million users to trade over 90 stock tokens, including major companies like NVIDIA, G...
Columbia Financial, Inc. announced that its stockholders and depositors approved its plan to convert from a mutual holding company to a fully public stock holding company and to acquire Northfield Bancorp, Inc. The company raised approximately $1.1 b...
Memecore surged 54% in a day, pushing its price above $1 and its market cap back over $1 billion. Despite this rally, the memecoin sector still underperformed Bitcoin, and traders remain cautious due to thin liquidity and past accusations of market m...
