西班牙红十字会已推出一个基于区块链的援助分发系统 RedChain。该系统旨在为捐赠者提供可验证的 资金流向透明性，同时保护受助者的身份隐私。RedChain 由西班牙红十字会与基础设施提供商 BLOOCK 及零知识凭证公司 Billions Network 合作开发，用基于以太坊发行的 ERC-20 援助信用额度取 代纸质代金券和预付卡。受助者通过手机钱包接收信用额度，并可在合作商户使用二维码进行支付。 （Cointelegraph） （来源：吴说） ...

Industry Overview - Financial technology (fintech) is transforming the global financial landscape by enhancing speed, accessibility, and customer focus in financial services through advanced technologies like AI, blockchain, Big Data, and cloud computing [1] - Fintech is significantly improving financial inclusion, allowing millions of unbanked and underbanked individuals to access financial services through digital wallets, mobile banking, and peer-to-peer lending [2] - Innovations in fintech have made cross-border payments faster and more affordable, disrupting traditional banking and investment models [2] Payment and Lending Transformation - Fintech has revolutionized payment and lending systems with contactless payments, buy-now-pay-later services, and app-based loans, increasing convenience for consumers and efficiency for businesses [3] - In capital markets, the emergence of robo-advisors and algorithm-based trading platforms is democratizing investments by lowering costs and reducing entry barriers [3] Transparency and Cybersecurity - Fintech enhances transparency and cybersecurity, with blockchain technology enabling secure transactions and AI tools improving fraud detection and risk management [4] - Traditional financial institutions are encouraged to innovate and collaborate due to the evolving fintech landscape, leading to a more agile and technology-driven financial ecosystem [4] Company Highlights: SoFi Technologies, Inc. (SOFI) - SoFi is reshaping traditional finance with its app-based digital banking platform, boasting a membership base of over 10 million and a comprehensive suite of services [6] - The company's B2B platform, Galileo, broadens revenue streams and strengthens its position in the embedded finance space, enhancing credibility and market reach [7] - SoFi's land-and-expand strategy fosters strong cross-selling opportunities, deepening customer engagement and retention [8] - The Zacks Consensus Estimate for SOFI's 2026 sales and EPS indicates year-over-year growth of 29.1% and 51.3%, respectively [9] Company Highlights: Visa Inc. (V) - Visa's market dominance is supported by consistent volume growth, strategic acquisitions, and innovations in digital payments [10] - The company is investing in digital security and technologies, such as contactless payments and tokenization, to adapt to the digital shift [11] - Visa's AI-driven security tools are in high demand, with the company embedding AI into over 100 products for fraud prevention [13] - The Zacks Consensus Estimate for V's fiscal 2026 sales and EPS suggests year-over-year growth of 11.2% and 11.8%, respectively [13] Company Highlights: Robinhood Markets, Inc. (HOOD) - Robinhood democratized finance with commission-free stock trading and is expanding its offerings beyond the core trading app through strategic acquisitions and new products [14] - The company operates in multiple financial sectors, including stock and ETF trading, options trading, and cryptocurrency transactions, aiming to diversify revenue streams [15] - Robinhood is pursuing growth through acquisitions and product innovation, including plans to acquire Indonesian entities and launch new tools for sophisticated investors [16][17] - The Zacks Consensus Estimate for HOOD's 2025 sales and EPS implies year-over-year growth of 53% and 85.3%, respectively [18]

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Core Viewpoint - Apeiron Capital Limited has sold its entire position in the iShares Ethereum Trust ETF (NASDAQ:ETHA) for approximately $8.99 million during the fourth quarter of 2025, indicating a strategic shift away from cryptocurrency investments [1][2]. Group 1: Transaction Details - Apeiron Capital sold all 285,400 shares of the iShares Ethereum Trust ETF, resulting in a net position change of $8.99 million for the quarter [2]. - The fund's ETHA stake is now zero, reflecting a complete divestment from this investment [2]. Group 2: ETF Performance and Market Context - As of January 30, 2026, ETHA shares were priced at $20.17, down 17.7% over the past year, significantly underperforming the S&P 500 by 32.0 percentage points [3]. - The one-year losses for ETHA have exceeded 30%, driven by broader volatility in the cryptocurrency market [3][9]. Group 3: ETF Overview and Strategy - The iShares Ethereum Trust ETF has assets under management (AUM) of $10.3 billion, providing a regulated vehicle for investors to gain exposure to ether without managing digital wallets [4][5]. - The ETF aims to closely track the value of ether while minimizing operational complexities for investors, targeting both institutional and retail investors [7]. Group 4: Implications of the Transaction - Selling out of the Ethereum ETF does not necessarily reflect a negative outlook on blockchain technology but rather a decision to allocate capital where it can be more effective [8]. - Apeiron's remaining portfolio is focused on operating businesses, suggesting a strategic pivot towards investments with more predictable fundamentals rather than speculative assets [10].

Core Viewpoint - SoFi Technologies has shown significant growth despite recent share price declines, with a notable increase in revenue and customer base, raising questions about its valuation and investment potential [1][3][5]. Financial Performance - In 2025, SoFi reported a 38% year-over-year adjusted revenue growth, reaching $3.6 billion, and achieved its first $1 billion quarter in Q4 [3]. - The adjusted net income for Q4 2025 was $173.5 million, reflecting a 184% increase compared to the previous year [5]. - The company anticipates a 30% revenue growth in 2026, with diluted earnings per share (EPS) expected to rise by 54% [5]. Customer Growth and Product Offering - SoFi's customer base has expanded to 13.7 million, with 1 million new customers added in the last three months [3]. - The company has successfully implemented cross-selling strategies, with 40% of new products opened by existing customers [4]. Market Position and Valuation - SoFi shares currently trade at a forward price-to-earnings ratio of 41.3, which may deter some investors due to perceived high valuations [6]. - Despite the elevated market expectations, analysts remain optimistic about SoFi's earnings trajectory, with forecasts indicating continued growth [7].

Market Overview - The MMORPG gaming market is projected to grow from USD 28.06 billion in 2025 to USD 31.02 billion in 2026, reaching USD 51.3 billion by 2031, with a CAGR of 10.58% from 2026 to 2031 [1] - Mobile platforms accounted for 43.28% of the MMORPG gaming market share in 2025 and are expected to expand at an 11.12% CAGR to 2031, solidifying their role as the growth engine of the market [8] - Free-to-play titles captured 57.10% of the MMORPG gaming market size in 2025, indicating that accessibility is a key acquisition strategy [10] Industry Trends - Cross-platform integration and advancements in mobile hardware are making MMORPGs more mainstream, with mobile titles benefiting from 5G connectivity and AI-driven content [2] - Cloud-native architectures and real-time analytics are becoming essential for competitive differentiation, allowing for personalized experiences and legitimizing esports through government support [3] - The MMORPG market is leveraging demographic shifts with simplified onboarding processes and regional payment systems, enhancing accessibility for first-time gamers in emerging markets [4][5] Technological Advancements - Technological innovations in cloud gaming and 5G are enabling real-time combat experiences previously limited to desktop setups, with companies like NVIDIA providing infrastructure for seamless gameplay [6] - The use of adaptive bitrate streaming and haptic feedback in mobile gaming is narrowing the experiential gap with consoles, enhancing user engagement [8] Development and Monetization - The development costs for AAA MMORPGs have surged, often exceeding USD 120 million, driven by the demand for high-quality assets and continuous content updates [7] - Hybrid monetization models are gaining traction, with players willing to pay for tiered value as long as competitive balance is maintained [10][12] - Subscription models remain popular in lore-rich franchises, while buy-to-play models persist in Europe due to regulatory constraints on microtransactions [12] Geographic Insights - North America generated 39.10% of global MMORPG revenue in 2025, supported by high disposable income and a strong PC-console base [13] - The Asia Pacific region is expected to grow at a 10.71% CAGR, driven by smartphone penetration and government-backed esports initiatives [14] - Europe faces challenges with strict regulations on loot boxes, impacting monetization strategies, while Latin America and MEA are constrained by currency instability but are seeing improvements with rising 5G coverage [15]

Group 1 - Texas Pacific Land Corp. (TPL) has entered into a strategic partnership with Bolt Data & Energy to develop large-scale data center campuses, contributing one-third of the $150 million capital raised for the project [3][4] - The data center campuses are expected to start with a capacity of 1 gigawatt (GW) and aim for a total capacity of 10 GW, with potential tenants including major tech companies like Google, Microsoft, and Amazon [4][5] - TPL's investment in this project positions it as a cornerstone investor in the AI data center market, highlighting the growing demand for AI processing capabilities [3][4] Group 2 - The Texas data center market is rapidly expanding, with several projects announced, including Project Matador by Fermi America with a planned capacity of 11 GW and Bolt's project with 10 GW [12] - Existing data centers are becoming technologically obsolete, creating additional demand for new facilities that can meet the evolving power and cooling requirements of advanced AI chips [13][16] - The rapid advancement in chip technology, particularly from NVIDIA, is driving the need for data centers that can handle increased power consumption and cooling demands [10][18] Group 3 - The water demand for data centers and power plants is significant, with a large-scale data center potentially requiring around 67 million barrels of water annually, which is more than the water needed for the associated power plant [92][93] - TPL's water resources are becoming increasingly valuable, with water revenues exceeding 35% of total revenues in 2024, reflecting a strong growth trajectory [101][104] - The company operates a capital-light business model, focusing on source water and saltwater disposal, which positions it favorably in the expanding data center ecosystem [102][104]

CoinGape Announces Winners of Crypto Impact — Source: CoinGape CoinGape, on January 29, announced the winners of the long-awaited Crypto Impact Awards 2025. The CoinGape Awards recognised projects, companies, founders and communities that delivered measurable impact across Web3 during one of the industry’s most consequential years. The ceremony, having Binance CEO Rachel Cohen, YAP Global CEO Samantha Yap, Bitget Wallet CEO Elikeh among other distinguished jury panelists, saw the industry’s key faces bei ...

As filed with the Securities and Exchange Commission on December 10, 2025. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SYNO Capital Group, Inc. (Exact name of Registrant as specified in its charter) incorporation or organization) Classification Code Number) Identification Number) Cayman Islands 7380 Not Applicable (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer SUITE 2206, CASSIA COURT, ...

Group 1 - Ripple has secured full authorisation as an Electronic Money Institution (EMI) from Luxembourg's financial regulator, CSSF, after meeting all regulatory requirements [1] - The EU licence extends Ripple's regulatory footprint, adding to its existing EMI licence and Cryptoasset Registration from the UK's Financial Conduct Authority, bringing the total to over 75 licences globally [2] - The managing director for UK & Europe stated that the full EMI licence in the EU is a transformative milestone, enhancing Ripple's presence in European finance [2][3] Group 2 - Europe is a strategic priority for Ripple, and the new authorisation allows the company to scale its mission of providing compliant blockchain infrastructure to clients across the EU [3] - Ripple raised $500 million in November at a valuation of $40 billion, indicating strong investor confidence and regulatory progress [3][4] - The company has been active in acquisitions, agreeing to a $1 billion deal for GTreasury and a $200 million deal for Rail, enhancing its payment infrastructure [4][5]