Project Overview - Hong Kong launches Project Ensemble pilot phase to test real-value transactions [1] - Project Ensemble focuses on tokenized deposits and digital assets [1]

Ether (ETH) traded below $3,100 on Sunday during a broader pullback in digital assets. The token was recently near $3,066 at 9:36 p.m. UTC, down 3.4% over the past 24 hours. It briefly fell through the $3,100 level on Bitstamp at about 4 p.m. UTC, marking its first break beneath that threshold since Nov. 4, based on data from TradingView. ETH-USD 24-Hour Price Chart (TradingView) Timothy Peterson, an investment manager and digital asset researcher at Cane Island Alternative Advisors, said spot ether ETFs ...

Core Insights - Mondevo Group has established its global headquarters in Abu Dhabi Global Market (ADGM), leveraging Abu Dhabi's position as a leading hub for artificial intelligence, digital assets, and next-generation financial services [1][2] Strategic Considerations for Abu Dhabi - The decision to set up in ADGM is driven by its innovation-friendly regulations, advanced AI infrastructure, and global connectivity, aligning with Mondevo's long-term vision [2][4] - Abu Dhabi's commitment to digital transformation and technological development provides a solid foundation for Mondevo's operations [2][3] AI-First Government Vision - Abu Dhabi has allocated 13 billion AED as part of its Digital Strategy 2025-2027 to become the world's first fully AI-driven government, with over 200 AI solutions being implemented in public services [3] Advanced Framework for Digital Assets - ADGM has established clear regulations for digital assets, tokenization, and blockchain technologies, making it an ideal environment for Mondevo's ambitions [4] Business-Friendly Environment - The common law system, tax efficiency, and transparent oversight in ADGM create an optimal base for innovative financial service groups [5] Leadership Perspective - Hussam Otaibi, founder of Mondevo Group, emphasized Abu Dhabi's operational commitment to becoming the AI capital of the world, highlighting the emirate's creation of a necessary ecosystem for scaling their AI-native merchant banking platform [6] Building an AI-Based Ecosystem for Wealth Management and Innovation - Mondevo Group operates on three complementary pillars: Mondevo Wealth (AI-driven private wealth management), Mondevo Ventures (investments in AI-native companies), and MondeVita (luxury and lifestyle investments), supported by a technology hub in Singapore [7] Alignment with National Vision - The establishment of Mondevo Group aligns with Abu Dhabi's vision to position itself as a global hub for innovation-driven economic growth, supported by the emirate's Digital Strategy 2025-2027 [8] Company Information - Mondevo Group is an AI-native wealth and innovation ecosystem serving global family offices, operating through its three pillars and supported by a technology team in Singapore [9]

Scaling onchain finance requires a globally agreed-upon interoperability standard.Hear Ryan Rugg, Head of Digital Assets at Citi's Treasury and Trade Solutions, explain at SmartCon 2025 ↓ https://t.co/PsH1uX5NPaChainlink (@chainlink):“Standards are going to be critical to ensure we can all interoperate and work at the same level”—Nadine Chakar, Global Head of Digital Assets, DTCC.Leaders from DTCC, Citi, Taurus, & Chainlink discuss what’s needed to create a unified digital asset ecosystem ↓ https://t.co/q0A ...

Core Insights - Mawson Infrastructure Group Inc. reported significant improvements in financial performance for Q3 2025, indicating a commitment to growth and resilience in the digital infrastructure sector [2][8] - The company launched a GPU pilot program aimed at expanding its role as an AI cloud provider, demonstrating innovation in AI and digital infrastructure [4][2] - Mawson extended its lease for the Bellefonte facility, reinforcing its operational capacity and commitment to long-term growth [5][2] Financial Highlights - Total revenue for Q3 2025 was $13.2 million, a 7% increase from $12.3 million in Q3 2024 [8] - Gross profit for Q3 2025 reached $8.6 million, marking a 98% increase from $4.3 million in Q3 2024 [8] - Net income for Q3 2025 was $0.3 million, a turnaround from a net loss of $12.2 million in Q3 2024 [8] - Year-to-date (YTD) revenue for 2025 was $36.5 million, down 17% from $44.2 million in YTD 2024 [8] - YTD gross profit for 2025 was $18.4 million, an 18% increase from $15.6 million in YTD 2024 [8] - The company reported a loss from operations of $4.4 million for YTD 2025, significantly improved from a loss of $25.8 million in YTD 2024 [8] Operational Updates - The GPU pilot program launched in October 2025 aims to establish a scalable framework for AI cloud services, with a 100-day plan for performance data retrieval and market fit testing [4] - The lease extension for the Bellefonte facility is for an additional five years, ending December 31, 2030, enhancing the company's operational stability [5] - Mawson plans to resume issuing monthly business and operational updates starting December 2025, indicating a commitment to transparency and communication with stakeholders [9] Strategic Initiatives - Mawson's strategy includes utilizing carbon-free energy resources, positioning itself as a competitive provider of sustainable digital infrastructure solutions [11] - The company is focused on building a vertically integrated infrastructure model to support scalability and efficiency in its operations [10] - Mawson's leadership will present strategic growth initiatives at the Emerging Growth Conference on December 11, 2025, highlighting its focus on Bitcoin mining and AI infrastructure [6]

Core Insights - Circle Internet Group Inc. is a global fintech company focusing on digital assets, payments, and public blockchains, known for issuing USDC and EURC stablecoins [1] Company Overview - The company is recognized as a pioneer in the digital asset space, particularly in stablecoin issuance [1] Market Position - Circle operates in a rapidly evolving fintech landscape, emphasizing the importance of digital assets and blockchain technology [1]

Financial Data and Key Metrics Changes - AtlasClear reported revenue of $4.25 million for Q1 2026, representing a 52% increase year over year [6][9] - Operating loss narrowed to $877,000 from $941,000 in the prior year [6][9] - Net loss was $440,000 compared to a net income of $10.7 million in the same period last year, which included non-cash gains from fair value adjustments [6][9] - Total assets grew to $73.6 million, up 21% from June 30 [6][9] - Stockholders' equity improved to $6.86 million from a negative $6.8 million three months prior, marking a swing of over $13 million [4][9] Business Line Data and Key Metrics Changes - The subsidiary Wilson-Davis & Co. continued to show profitability with strong commission, clearing, and stock loan results [5][6] - Revenue components included commissions of $2.33 million, vetting fees of $0.37 million, clearing fees of $0.71 million, and other revenues of $0.83 million [9] Market Data and Key Metrics Changes - The market for smaller financial institutions remains dynamic, with a focus on efficient clearing, funding, and technology infrastructure [5] - AtlasClear is positioned to capitalize on the growing demand for technology-driven clearing and banking solutions [13] Company Strategy and Development Direction - The company aims to leverage its strengthened balance sheet and new growth funding to integrate its technology stack and expand stock loan and margin lending programs [12] - Plans include advancing the acquisition of Commercial Bancorp, which will provide low-cost funding and a regulated bank charter [12] - The company is focused on enhancing technology and pursuing selective M&A opportunities to broaden client reach and product capabilities [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow without significant dilution from the recent financing [17][18] - The company is optimistic about the regulatory approval process for the Commercial Bancorp acquisition and sees it as a strategic asset for future growth [26][27] - Management highlighted the importance of digital assets and plans to integrate them into their offerings, viewing 2026 as a pivotal year for crypto-related revenues [22][25] Other Important Information - The company secured $20 million in new institutional financing, which includes convertible notes and equity units, enhancing liquidity and growth potential [4][12] - The leadership team has been strengthened with the addition of a new CFO and an independent director [7] Q&A Session Summary Question: Can you elaborate on the $20 million Funicular financing and its structure? - The financing includes a convertible note with an 11% coupon and a unit offering comprised of equity and warrants, which is expected to support growth without significant dilution [17][18] Question: Can you provide an update on compliance with NYSE listing requirements given the share price is below a dollar? - The company is compliant with NYSE American standards, which do not have a dollar threshold, allowing continued growth without immediate concerns [19][20] Question: What is the company's digital asset strategy going forward? - Digital assets are a primary focus, with plans to integrate them into the platform and potential acquisitions in the space to enhance offerings [22][25] Question: Can you provide an update on the Commercial Bancorp acquisition and regulatory progress? - The company plans to file with the Fed for approval by January 31 and is optimistic about the integration and long-term goals post-acquisition [26][27][30]

You go out and you buy Bitcoin on an ETF or you buy exchange. You kind of have 1 to 1 Bitcoin, right. You go out and you buy one Bitcoin. You're always going to have one Bitcoin.Our entire ethos is increasing Bitcoin per share. Right now, every day we're mining bitcoin or mining bitcoin at roughly 50% of spot prices of bitcoin, so roughly about $56,000 per bitcoin. That's what we're able to mine and we're able to mine because we have the best facilities anywhere on earth. We've got some of the cheapest ener ...

Core Insights - Cantor Fitzgerald has reiterated its Overweight rating on Prenetics Global Limited, adjusting the 12-month price target to $31 from $32, reflecting updates related to the planned divestment of its Europa business while maintaining a positive long-term outlook on the company [1][2] Financial Performance - Prenetics reported a 3Q25 revenue of $23.6 million, representing approximately 568% year-over-year growth, with IM8 revenue reaching $17.2 million, up about 76% sequentially and achieving gross margins of around 60% [5] - The company has a customer payback period of approximately 3.9 months and an 80%+ subscription rate, indicating strong unit economics [5] - As of November 10, 2025, Prenetics holds approximately 387 BTC valued at around $41 million, contributing to total liquidity of approximately $120 million [5] Market Position and Valuation - Cantor views Prenetics as undervalued, with PRE trading at just 0.7× EV/2026E revenue compared to approximately 1.1× for consumer-health peers [2] - Cantor forecasts FY2026 revenue of approximately $217 million, driven by continued momentum from IM8 and international expansion [5] Management Commentary - CEO Danny Yeung emphasized that Cantor's ongoing research coverage highlights Prenetics' emergence as a global leader in health and longevity, reinforcing investor understanding of the significant opportunities ahead as IM8 scales internationally [2]

Mark, is this just a wobble or is this something more significant. I think this is just a wobble, but it's a wobble that I expect to continue for another couple of weeks. We've talked about in the show over the last week or so that the pullback that start at the end of October did not seem like it's exhausted yet.And, you know, really, we've had no real drawdowns over the past six months. We're due a little bit more of a of a clean out. And I expect this to go a bit deeper over the next week or two.We are s ...