Unibail-Rodamco-Westfield (URW) has entered a conditional agreement to acquire the remaining 50% stake in Westfield UTC, a prime retail asset in San Diego, for approximately $705 million. The payment will be a mix of cash and up to 2.6 million new URW shares, subject to adjustments and closing conditions, with completion expected by the end of 2026. This acquisition enhances URW's portfolio of flagship retail properties in key US and European markets and aligns with its 2025-2028 growth plan, expected to be neutral on loan-to-value and earnings per share while slightly increasing net asset value. The deal excludes some land parcels that will remain jointly owned.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
