Core Insights - Neptune Digital Assets Corp. has released its financial statements for the three months ending November 30, 2025, and confirmed the completion of its strategic investment in xAI, an artificial intelligence company [1][2][4] Financial Performance - For the quarter ended November 30, 2025, Neptune reported mining revenue of CAD 146,758, down from CAD 224,761 in the same period of 2024, while staking revenue increased to CAD 243,997 from CAD 227,642 [5] - Total earnings for the quarter were CAD 238,141, a decrease from CAD 385,982 year-over-year [7] - The company ended the quarter with total assets of CAD 74.6 million, a decline attributed to falling digital asset prices [6] Investment Activities - Neptune completed a strategic investment of approximately USD 300,000 in xAI, acquiring an equity interest through an arm's length transaction [4] - The investment in xAI is seen as a significant milestone, providing shareholders with exposure to a leading private AI company, complementing existing holdings in SpaceX and digital assets [4][3] Asset Holdings - Neptune expanded its Bitcoin treasury to 417 BTC, valued at approximately USD 50 million, and holds around 36,500 Solana (SOL) [6] - The company's private-market investment in SpaceX is valued at approximately CAD 18.8 million, and it continues to evaluate further acquisitions in light of potential IPO news [6] Revenue Sources - Gross revenues for the quarter were CAD 0.4 million, sourced from Bitcoin mining, staking, and other activities, reflecting a decline from CAD 0.5 million in the previous year due to reduced market values [6]

Core Viewpoint - Nomura reported strong third-quarter operating results for the fiscal year ending March 2026, with a notable return on equity and solid performance across its main divisions, although losses in the "other" segment related to digital assets partially offset these results [4][7]. Financial Performance - Group-wide net revenue totaled JPY 551.8 billion, reflecting a 7% increase quarter-over-quarter [3][7]. - Pre-tax income for the four main divisions rose 8% to JPY 142.9 billion, the highest level in 18.5 years [2][7]. - Return on equity was reported at 10.3%, marking the seventh consecutive quarter above the target range of 8%–10% [3][7]. Segment Performance - **Wealth Management**: Net revenue increased 14% quarter-over-quarter to JPY 132.5 billion, with a pre-tax margin above 40% and record recurring revenue asset net inflows of JPY 503.9 billion [6][9]. - **Investment Management**: Achieved a record AUM of JPY 134.7 trillion, but pre-tax income fell 42% due to one-time acquisition costs and weaker gains [5][12]. - **Wholesale**: Net revenue increased 12% to JPY 313.9 billion, with significant contributions from both Global Markets and Investment Banking [16]. Shareholder Returns - Nomura announced a share repurchase program with an upper limit of 100 million shares and a total of JPY 60 billion, aimed at enhancing shareholder returns and capital efficiency [1][7]. Future Outlook - The company expects approximately $100 million in integration costs over the next two years following the Macquarie acquisition, while maintaining capital strength with Tier 1 capital at JPY 3.6 trillion and a CET1 ratio of 12.8% [5][21]. - Management indicated that Wealth Management net revenue is tracking evenly with third-quarter levels, while the Investment Banking pipeline remains solid despite a slower start [22].

Core Viewpoint - Bit Digital has decided to separate its AI infrastructure business, now operating as WhiteFiber, to better align with investor expectations and improve access to credit [1][2]. Group 1: Reasons for Separation - The separation was driven by two main factors: alignment with investors and access to financing [2][5]. - High performance computing (HPC) is viewed as an institutional product, while digital assets are seen as more retail-oriented, necessitating different investor bases [3][4]. Group 2: Impact on Financing - After the spinout, WhiteFiber's shareholding became primarily institutional, which has led to a better understanding of the economics of data centers and HPC [4]. - Traditional banks are more willing to finance data center developments when they are not associated with digital assets, leading to expanded financing options for WhiteFiber [5][6]. - The cost of capital for WhiteFiber has decreased since the separation, as it no longer has any digital assets involved [6].

Table of Contents As filed with the Securities and Exchange Commission on January 29, 2026 Registration No. 333-291492 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Grayscale Investments, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 6221 39-2149041 (Primary Standard Industrial Classification Code Number) 290 Harbo ...

Core Insights - Bybit plans to launch "My Bank," a retail banking service for users who complete Know Your Customer checks, allowing them to have their own international bank account number (IBAN) [1][2] - The service aims to facilitate transactions in multiple fiat currencies, enabling users to send and receive funds, receive salaries, pay bills, and trade digital assets seamlessly [2][3] - Bybit is collaborating with various banking providers to launch this service, targeting a February release [3][4] Company Expansion - Bybit currently has 82 million users across 181 countries but is not operational in the U.S. and Canada, with ambitions to expand into the Americas and pursue a public listing on Wall Street [5] - The introduction of My Bank represents a significant move for a crypto-native brand to offer traditional financial services, distinguishing it from neobanks like Robinhood and Revolut [4] Security Context - The launch of My Bank follows a major security incident where $1.4 billion worth of cryptocurrency was stolen, linked to North Korean cybercriminals, marking the largest hack in the industry's history [6]

Talos, an institutional digital asset trading technology provider, has raised a $45 million Series B extension, bringing in new investors including Robinhood Markets. Other investors include Sony Innovation Fund, IMC, QCP, and Karatage, as demand grows for institutional-grade digital asset infrastructure. The latest round increases Talos’s total Series B fundraising to $150 million and values the company at approximately $1.5 billion on a post-money basis. Strategic Investors Join Talos Series B Extensi ...

Dubai Insurance became the first in its sector on a global scale to roll out a cryptocurrency wallet for its customers to handle claims and premiums, and transact digital assets. The fourth-largest insurer in the United Arabs Emirates (UAE)said it developed the crypto wallet in partnership with Standard-Chartered-owned crypto custodian Zodia Custody, in an emailed announcement on Wednesday. Dubai Insurance’s venture into digital assets comes as the UAE increasingly pushes forward the integration of digi ...

Core Viewpoint - Bit Digital Inc is transitioning from bitcoin mining to Ethereum-based infrastructure and AI compute assets as its main business focus, with 2025 identified as a pivotal year for this transformation [1][2]. Business Strategy - The company is adopting a strategic asset company model, emphasizing the deployment and operation of infrastructure assets rather than passive holding [2]. - Bit Digital has exited bitcoin mining due to its inefficiency compared to yield-generating opportunities, consolidating its digital asset exposure around Ethereum [3][4]. Ethereum Focus - Ethereum is now the primary economic infrastructure for the company, with over 150,000 ETH held, most of which is staked for rewards while ensuring liquidity and custody standards [4]. - The company views Ethereum as programmable financial infrastructure with long-term relevance across various sectors [4]. AI Infrastructure - Bit Digital's AI strategy is centered on its investment in WhiteFiber, which is seen as a long-term strategic asset due to sustained demand for AI compute driven by structural constraints [5][6]. - The company intends to remain a long-term owner of WhiteFiber as it scales, with improvements in utilization noted by the third quarter [6]. Financial Strategy - To support its transformation, Bit Digital completed an unsecured convertible note offering, which allows for capital raising while maintaining balance sheet flexibility [7]. - The company is focused on disciplined capital allocation, prioritizing infrastructure assets for long-term ownership and operation [7]. Future Outlook - Bit Digital plans to transition from transformation to execution in 2026, aiming to strengthen self-funding growth through durable cash flow while maintaining balance sheet flexibility [8]. - Current returns are linked to market performance in Ethereum and WhiteFiber, with plans for differentiated value creation through operational execution and strategic capital deployment [8]. Commitment to WhiteFiber - The company reaffirms its long-term commitment to WhiteFiber, stating it will not sell any shares during 2026, even after the IPO lockup period expires [9][10]. - Bit Digital continues to hold approximately 27 million shares of WhiteFiber and views it as a core strategic holding, emphasizing alignment with other shareholders and confidence in long-term growth [10][12].

另有5家企业更新招股书或确定IPO条款，涉及香港餐饮、临床阶段生物科技、房地产开发等多个领域，多家企业调整发行数量 与定价，以适配市场需求。此外，聚焦人工智能的SPAC公司Sky Acquisition Group、马来西亚分拆的商业咨询公司V Capital Consulting Group，也于当日新提交上市申请，均计划登陆纳斯达克。此次市场动态覆盖多元领域，SPAC依旧是重要上市途 径，且瞄准数字资产、太空经济、人工智能等前沿赛道，企业发行计划也随市场需求灵活调整。 2026年1月29日消息，1月28日美国IPO市场表现活跃，共计10家企业迎来上市相关动态，涵盖完成IPO、更新招股书及新提交 申请三大类。其中，3家企业成功完成IPO，Public Policy Holding Company登陆纳斯达克，筹资5100万美元； KRAKacquisition、Space Asset Acquisition两家SPAC公司也于纳斯达克上市，分别聚焦数字资产、太空经济领域，募资3亿美 元、2亿美元。 ...

Better late than never. UBS will reportedly allow certain clients to trade bitcoin and Ether in the near future, although the banking behemoth is still determining how the program will be rolled out, according to a Bloomberg report last week. The Zurich-based firm would join the likes of JPMorgan and Morgan Stanley, which have both opened up access to crypto for clients in recent years. The move also signals the bank’s willingness to continue building on its tokenization programs. “We have seen that mor ...