🚨BREAKING: 🇺🇸 THE U.S. GOVERNMENT RELEASED DIGITAL ASSET POLICY REPORTPLUME’S TOKENIZATION VISION CITED DIRECTLY. RWAs ARE GOING MAINSTREAM AND $PLUME IS LEADING THE CHARGE. https://t.co/xScra7ybGa ...

Dan, it's good to see you. Thanks for being here. Um, of course, >> so there's sort of a disconnect here.If you, if you, you know, didn't know anything about Coinbase and you woke up and you said that the numbers missed and yet you looked at what crypto prices have been doing, you might be surprised. So, what was going on here. >> I mean, volumes were weaker, right, than people were expecting and and I'm actually quite surprised because you can actually track those things pretty s, you know, pretty pretty n ...

Bank of America is reportedly seeing growing interest from investors in the tokenization of real-world assets (RWAs).By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.These RWAs include stocks, bonds, bank deposits a ...

For over four years, I talked about how we must be focused on utility-based projects. And in 2025, we started to really put a focus on US-based crypto projects. And even though some of these are not technically US-based because they are decentralized by node territory, but these are still technically in the top made in America category, which of course does include XRP, Salana, and a ton of other, you know, projects.Now, the big ones that I personally have been focused on is like Ono, HAR, Stellar, XRP. I m ...

Today, the crypto market slides as the new month kicks off with weaker thanex expected jobs data and global tariffs. Coinbase reports earnings and says it's launching tokenized stocks. Plus, Leah Wald of Soul Strategies discusses the strengthening ties between Wall Street and blockchain.Welcome to CNBC's Crypto World. I'm Tana McKiel. The crypto market wobbling to start the month of August after President Trump unveiled his modified reciprocal tariffs on dozens of countries last night and the market weighed ...

Financial Data and Key Metrics Changes - The company reported revenues of $112.6 million for the quarter, an increase of 4.2% from the first quarter and up approximately 5.2% year-over-year driven by higher average AUM [24] - Year-to-date revenues have grown 8.3% due to higher average AUM and increased other revenues from European listed products, partially offset by lower average fee capture [25] - Adjusted net income for the quarter was $25.9 million or $0.18 per share, excluding $2 million of acquisition-related costs [25] Business Line Data and Key Metrics Changes - The company generated $6.6 billion of inflows year-to-date through June, with approximately $3 billion into U.S. listed products, $3.3 billion into European products, and over $300 million in digital assets [21][22] - The European Defense Fund, with AUM of approximately $3.5 billion, attracted nearly $2.1 billion of flows in the quarter and over $2.8 billion year-to-date [23] - AUM in digital assets has more than doubled since last quarter, reaching $350 million at June 30 and approximately $500 million today [24] Market Data and Key Metrics Changes - The company’s AUM reached a record high of $126 billion at June 30, with U.S. listed AUM at $85.2 billion and Europe at $40.5 billion, both all-time highs [23] - The farmland investment market is valued at $3.5 trillion, which is highly fragmented and under-institutionalized, presenting a significant growth opportunity [8] Company Strategy and Development Direction - The acquisition of Cerus Partners is aimed at enhancing the company’s capabilities in farmland investment, which is seen as a stable and underpenetrated asset class [5][7] - The company plans to raise at least $750 million into farmland-focused strategies by 2030, which would more than double current performance fee revenues [6][20] - The company is focused on leveraging its distribution capabilities to scale the farmland investment business and expects to manage $10 billion in farmland assets within ten years [10][70] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential of farmland investments, highlighting its low correlation with traditional asset classes and its role in risk mitigation and inflation protection [11][12] - The company is optimistic about the integration of Cerus and the potential for significant revenue growth driven by the farmland investment strategy [15][70] - Management noted that the stablecoin market is projected to grow significantly, and the company is well-positioned to benefit from this trend [34][80] Other Important Information - The acquisition consideration includes $275 million upfront in cash and an earn-out of up to $225 million contingent on achieving a five-year revenue CAGR of 12% to 22% [17] - The company is monitoring foreign exchange headwinds that could impact expense guidance, but overall impacts are expected to be immaterial [26] Q&A Session Summary Question: Inquiry about Cerus' fund structure and fundraising plans - Management clarified that Cerus operates a combination of evergreen funds and has a strong distribution team to help raise capital [42][44] Question: Durability of performance fees from Cerus - Management explained that performance fees are driven by rental income and market appreciation of farmland, with historical stability in the asset class [45][50] Question: Competitive landscape in farmland investment - Management acknowledged minimal competition from major asset managers and highlighted the opportunity to scale in a fragmented market [56] Question: Digital asset strategy and growth expectations - Management expressed excitement about the growth potential in digital assets, particularly in stablecoins and tokenized funds, and emphasized the importance of regulatory compliance [87][90] Question: Distribution strategy for farmland investments - Management indicated that the RIA channel is expected to be a primary focus for distributing farmland investments, leveraging existing client relationships [84][85] Question: Regulatory changes needed for Cerus' assets - Management confirmed that no regulatory changes are necessary to distribute Cerus' assets [95] Question: Mark-to-market process for farmland assets - Management detailed that Cerus marks their farms annually using a structured appraisal process [96] Question: Inclusion of private equity investments in the acquisition - Management clarified that while some private equity investments will remain with the former sellers, the water strategy will be retained [100]

Q2 2025 Results Highlights - WisdomTree reported record global AUM of $126.1 billion as of June 30, 2025[31] - The company experienced net inflows of $3.5 billion in Q2 2025, resulting in a year-to-date total of $6.6 billion through June 30, 2025[31] - Q2 adjusted revenues increased by 4.2% compared to Q1 2025 due to higher average AUM[36] - Adjusted earnings per share (EPS) was $0.18 in Q2 2025[33] Ceres Partners Acquisition - WisdomTree agreed to acquire Ceres Partners, LLC, which manages approximately $1.85 billion in farmland assets[7, 23] - The acquisition consideration includes $275 million in cash at closing and a potential earn-out of up to $225 million in 2030, contingent on Ceres achieving specific revenue growth targets[24] - The company targets over $750 million of fundraising by year-end 2030, doubling Ceres' base fees from current levels[7] Digital Assets Platform - Total WisdomTree tokenized AUM reached $350 million, a 10x growth compared to year-end 2024[63] - WisdomTree Connect has expanded to several different blockchains and gathered over $500 million in assets in 2025 so far through July 2025[70] - WisdomTree Prime AUM reached $4.3 million[63] Model AUA Growth - Model Assets Under Advisement (AUA) reached over $5.2 billion as of Q2 2025, up nearly 40% versus year-end 2024[53]

Franklin Resources (BEN) Q3 2025 Earnings Call August 01, 2025 10:00 AM ET Company ParticipantsSelene Oh - Chief Communications Officer & Head - IRJennifer Johnson - President, CEO & DirectorMatthew Nicholls - Executive VP, CFO & COOAlex Blostein - Managing DirectorBrian Bedell - DirectorAdam Spector - EVP & Head of Global DistributionMichael Cyprys - Managing DirectorConference Call ParticipantsGlenn Schorr - Senior MD & Senior Research AnalystWilliam Katz - Senior Equity AnalystDan Fannon - MD - Research ...

Franklin Resources (BEN) Q3 2025 Earnings Call August 01, 2025 10:00 AM ET Speaker0Welcome to the Franklin Resources Earnings Conference Call for the quarter ended 06/30/2025. I would now like to turn the conference over to your host, Celine Oh, Head of Investor Relations for Franklin Resources. You may begin.Speaker1Good morning, and thank you for joining us today to discuss your quarterly results. Statements made on this conference call regarding Franklin Resources Inc, which are not historical facts are ...

Cboe Global Markets (CBOE) Q2 2025 Earnings Call August 01, 2025 08:30 AM ET Speaker0Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cboe Global Markets Second Quarter Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.Thank you. It is now my pleasure to turn the call over to Ken Hill, Head of Investor Relatio ...