Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, product development, acquisitions, and operations. The deal awaits due diligence, approvals, and regulatory clearance. The investment highlights growing international interest in Scilex's non-opioid pain management products and innovative therapies pipeline, aligning with iHolding's vision to develop Kazakhstan as a regional pharmaceutical hub.
Tether has signed a memorandum of understanding with Kazakhstan's National Bank and Alatau City Authority to explore a tenge-pegged stablecoin pilot and asset tokenization using Tether's Hadron platform. Kazakhstan already regulates stablecoins and t...
Evernorth's Nasdaq listing, representing shares in a Ripple-backed XRP treasury vehicle called XRPN, has been delayed from Oct 8 to Oct 12 due to an administrative delay. The business combination with Armada Acquisition Corp. II will close around Oct...
Fintech firm Metallicus has launched an alpha version of DogecoinVM on the Metal Blockchain mainnet, increasing Dogecoin transaction speed by 300 times. This improvement addresses Elon Musk's 2021 call to scale Dogecoin for global payments without al...
Realty Income, known for its reliable monthly dividends, joined the S&P 500 Dividend Aristocrats in 2020, a milestone often seen as a quality stamp. However, investors who bought at that time have seen almost no total return after more than six years...
On October 7, 2026, approximately $608 million in leveraged crypto positions were liquidated, with Ether longs suffering the majority of losses. The largest single liquidation was a $26.64 million position on Binance's ETHUSDC pair. This event was dr...
