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Moomoo Expands Retail Access to the BitGo IPO with Broad Subscriber Participation
Globenewswire· 2026-01-23 18:00
Core Insights - Moomoo has successfully expanded retail access to the IPO of BitGo, accounting for nearly 10% of the total offering, with subscribers requesting $647.6 million in shares, indicating strong retail demand [1][2] Company Overview - Moomoo is a global investment and trading platform that aims to empower investors with user-friendly tools, data, and insights, facilitating informed investment decisions [6][7] - The platform has a significant global presence, serving investors in multiple markets including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand, and is trusted by over 27 million investors [7] Industry Context - The BitGo IPO marks a renewed interest in the crypto and digital assets sector, with Moomoo playing a pivotal role in enhancing retail participation in high-demand offerings [2][3] - The partnership between Moomoo and BitGo aims to broaden access to public market opportunities, aligning with the evolving landscape of digital assets [3][4] Technological Advancements - Moomoo offers advanced research and analytical resources, including Moomoo AI, which provides professional-grade insights across various investment categories [3][4] - The platform's tools are designed to help users analyze market trends and financial metrics, supporting informed investment decisions [3]
Bitwise and Proficio Capital Partners ETF targets gold, metals, bitcoin as alternative to currencies
Reuters· 2026-01-23 00:19
Core Insights - The article discusses the increasing geopolitical tensions and rising government debt levels in various nations, which are influencing investment strategies in digital assets [1] Group 1: Company Insights - Bitwise, a digital assets investment firm, is adapting its strategies in response to the current geopolitical climate and economic conditions [1] - Proficio Capital Partners, a division of a Florida-based multi-family office, is also adjusting its investment approach to navigate the challenges posed by rising government debt [1]
Spring Valley Acquisition(SVIVU) - Prospectus
2026-01-22 21:52
Table of Contents As filed with the U.S. Securities and Exchange Commission on January 22, 2026. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Spring Valley Acquisition Corp. IV (Exact Name of Registrant as Specified in its Charter) Cayman Islands 6770 N/A (State or Other Jurisdiction of (Primary Standard Industrial (IRS Employer Incorporation or Organization) Classification Code Number) Identifi ...
GBank Appoints Jason Amos as Executive Vice President and Chief Technology Officer
Globenewswire· 2026-01-21 23:05
Core Viewpoint - GBank Financial Holdings Inc. has appointed Jason Amos as Executive Vice President and Chief Technology Officer to lead the bank's technology strategy and modernization efforts towards a digital-first operating model [1][4]. Group 1: Appointment and Background - Jason Amos brings over twenty years of experience in building and leading large-scale technology platforms at global enterprises such as Microsoft, Intel Security (McAfee), and Dell, along with roles as Chief Technology Officer in various technology and fintech ventures [2]. - His expertise includes cloud platforms, cybersecurity, payments infrastructure, and emerging financial technologies [2]. Group 2: Responsibilities and Focus Areas - In his new role, Amos will oversee technology strategy, engineering execution, and platform governance, with an immediate focus on modernizing ACH processing, increasing automation, and enhancing operational resilience [3]. - He will also lead GBank's approach to incorporating digital assets and blockchain technologies, emphasizing controlled, non-custodial, and audit-aligned architectures [3]. Group 3: Company Overview - GBank Financial Holdings Inc. is headquartered in Las Vegas, Nevada, and is listed on the Nasdaq Capital Market under the symbol "GBFH" [5]. - The company serves gaming clients across the U.S. and features the GBank Visa Signature Card tailored for the gaming and sports entertainment markets, while also being a top national SBA lender operating in 40 states [5].
Billionaire hedge fund manager bets big on new crypto fund
Yahoo Finance· 2026-01-21 20:00
Group 1 - U.S. billionaire Mike Novogratz is launching a $100 million hedge fund through his firm Galaxy Digital, targeting the volatile digital assets market [1][3] - The fund will allocate up to 30% of its portfolio directly in cryptocurrencies, while the rest will focus on financial services companies influenced by blockchain, AI, and regulatory changes [2] - Galaxy Digital has received $100 million in commitments from family offices, high-net-worth investors, and institutional backers [3] Group 2 - Bitcoin has experienced a decline of approximately 28% from its October peak, currently trading near $90,000 [4] - Galaxy Digital, which went public in 2018, originally aimed to operate as a hedge fund but shifted towards asset management and investment banking due to market instability [5] - The company reported a profit of $505 million in the third quarter of 2025 [5]
BlackRock’s IBIT powers new bitcoin annuity for U.S. retirees via Delaware Life
Yahoo Finance· 2026-01-21 19:18
Core Viewpoint - Delaware Life Insurance Company has become the first U.S. insurer to offer a cryptocurrency-linked investment within a fixed index annuity (FIA) by partnering with BlackRock, allowing investors to access bitcoin returns while protecting their principal [1] Group 1: Product Offering - The new FIA product will include the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index, which combines U.S. equities with bitcoin exposure through BlackRock's iShares Bitcoin Trust ETF (IBIT) [2] - The index targets a 12% volatility level using dynamic cash allocations to limit bitcoin's price swings, appealing to investors nearing retirement who typically avoid crypto markets due to risk and complexity [2] Group 2: Market Context - This launch is a response to the significant success and client demand for IBIT, enabling insurance clients to add bitcoin exposure as part of a broader indexed annuity strategy [3] - The move by Delaware Life reflects a broader trend among legacy financial institutions engaging with digital assets, bridging traditional retirement products with the crypto market [4]
Banks Are Losing 'Confidence In Fiat,' Claims Billionaire Ray Dalio — Why Are Bitcoin Traders Celebrating?
Yahoo Finance· 2026-01-21 13:07
Core Insights - Billionaire investor Ray Dalio warns that the global monetary system is under strain, with eroding confidence in fiat currencies and debt as stores of value [1][6] - Dalio's comments have ignited discussions among crypto traders regarding the potential impact on Bitcoin's price [1][5] Group 1: Dalio's Analysis - Dalio highlighted structural changes in the global financial order, citing shifting capital flows and central bank behavior as indicators of weakening confidence in traditional monetary assets [2] - He noted that the gold market outperformed tech markets last year, suggesting that U.S. markets lagged behind foreign markets due to changes in central bank reserve allocations [3] - Dalio warned of escalating tensions around trade imbalances potentially leading to "capital wars," where countries may become reluctant to hold each other's debt [4] Group 2: Market Reactions - The billionaire's remarks prompted mixed reactions among crypto traders, with some viewing the weakening confidence in fiat currencies as a bullish signal for Bitcoin and other digital assets [5] - Dalio previously connected the rally in gold to central bank liquidity and declining real yields, indicating a broader trend in asset performance [6]
Asia Broadband’s Next-Generation AABB Wallet Is Complete and Ready For Release, With Launch Planned For Early February
Globenewswire· 2026-01-21 13:00
Core Insights - Asia Broadband Inc. has completed the development of its next generation AABB Wallet App, which is set for formal launch in the first week of February 2026 [1][2][3] Group 1: AABB Wallet App - The new AABB Wallet App underwent a complete redesign and rebranding to enhance functionality and speed, with plans for future feature additions [1][3] - The digital assets development team expressed excitement about the wallet's capability to grow alongside the company's expansion plans [3] Group 2: Corporate Updates - AABB will provide a corporate update next week, detailing the status of its various projects and corporate initiatives [2] Group 3: Company Overview - Asia Broadband Inc. focuses on precious metals production and the accumulation of physical gold and silver holdings, leveraging its geographic expertise and industry contacts in Mexico [4] - The company integrates its industry operations with a disciplined financial strategy to achieve sustainable long-term growth [4] - AABB also has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish its token as a stable and trusted standard of exchange [4]
Mike Novogratz’s Galaxy to Launch $100M Crypto Hedge Fund as Bitcoin Tumbles
Yahoo Finance· 2026-01-21 12:37
Group 1: Fund Launch and Strategy - Galaxy is launching a $100 million hedge fund in Q1 2023, taking both long and short positions as Bitcoin experiences a decline from its October peak [1] - The fund will allocate up to 30% of its assets in crypto tokens, with the remainder invested in financial services stocks influenced by digital asset technologies and regulations [1] - The hedge fund represents a strategic pivot for Galaxy amid increasing volatility in digital asset markets [4] Group 2: Investment and Market Sentiment - The fund has secured $100 million in investments from family offices, high-net-worth individuals, and larger institutions, with potential for additional commitments [2] - The mix of tokens and financial services stocks in the fund is seen as a prudent investment strategy, focusing on successful crypto tokens with real-world use cases [3] - Current market sentiment is turning bearish, with a 70% chance predicted for Bitcoin's next move to reach $100,000, down from 84% earlier in the week [7] Group 3: Market Conditions and Influences - Bitcoin is trading around $88,375, reflecting a 3.1% decline on the day and a 7.1% drop over the past week [4] - The market is influenced by external factors, including trade tensions and potential tariffs, which have contributed to Bitcoin's recent price drop from $95,000 [6] - Despite the bearish sentiment, there remains a bullish outlook on Bitcoin and major cryptocurrencies like Ethereum and Solana, particularly in the context of potential Federal Reserve interest rate cuts [5]
U.S. Bancorp(USB) - 2025 Q4 - Earnings Call Transcript
2026-01-20 15:02
Financial Data and Key Metrics Changes - The company reported earnings per share of $1.26, an increase of approximately 18% year-over-year on an adjusted basis [4] - Net interest income increased by 3.3% year-over-year, supported by strong consumer deposit growth [4] - Total net revenue for the fourth quarter was $7.4 billion, a 5.1% increase, while full-year net revenue reached $28.7 billion [4][13] - The return on tangible common equity was 18.4%, and the efficiency ratio improved to 57.4% year-over-year [15] Business Line Data and Key Metrics Changes - Fee income represented 42% of total net revenues and grew by 6.7% year-over-year, with broad-based strength across most fee businesses [7][16] - The Global Fund Services business generated strong fee revenue growth, with total net revenue growing at a healthy 11% CAGR since 2021 [9] - Commercial loans grew by 10.1% year-over-year, while credit card loans increased by 5.7% [15] Market Data and Key Metrics Changes - Total average deposits increased by 0.7% linked quarter to $515 billion, with non-interest-bearing deposits stable at approximately 16% of total average deposits [15] - The company experienced modest growth in commercial real estate loans after 11 quarters of decline [11] Company Strategy and Development Direction - The company is focused on restoring investor confidence and executing on three key priorities, including expense management and strategic investments in technology, sales, and marketing [4][6] - The acquisition of BTIG is expected to capture considerable revenue synergies and enhance the capital markets franchise [7][8] - The company aims to drive organic growth and maintain high returns while managing risks effectively [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the economic backdrop going into 2026, highlighting strong consumer performance and improving credit quality metrics [20][88] - The company anticipates total net revenue growth in the range of 4%-6% for 2026, with positive operating leverage of 200 basis points or more [18][19] Other Important Information - The company has made significant investments in digital capabilities over the past six years, which are expected to drive productivity and support future growth [71] - The company is actively monitoring potential regulatory changes that could impact the banking industry [88] Q&A Session Summary Question: Share repurchase pace and capital ratios - Management plans to gradually increase share repurchases from $100 million to $200 million, focusing on client and loan growth first [24] Question: Impact of credit card rate caps - Management estimates that over 90% of clients would be negatively impacted by a 10% rate cap on credit cards, emphasizing the importance of financial education [25][26] Question: Revenue growth expectations for 2026 - Management expects mid-single-digit growth for both net interest income and fee revenue, driven by strong business momentum [30][31] Question: Balance sheet growth outlook - Management anticipates 3%-4% loan growth in 2026, with a focus on commercial and card loans [40] Question: Digital assets organization and revenue potential - The company is exploring opportunities in digital assets, with a focus on capital markets and custody capabilities [51] Question: BTIG acquisition and capital call - The acquisition is expected to be PPNR neutral initially, with potential for margin expansion post-merger costs [100]