Largest Exchange Transfer in History & Biggest IPO of the Year Highest Capital Raised Since 2021 - $46.65 Billion Raised NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) announced today that in 2025 it raised a total of $46.65 billion from new listings, marking the strongest year for capital raise since 2021. In addition, 22 companies transferred their corporate listings to Nasdaq in 2025 including Walmart, the largest exchange transfer in history. Since 2005, companies transferring their ...

Vaidyanathan said geoeconomics ultimately boils down to economic power. “Trade negotiations, tariffs and supply chains are all decided by the underlying strength of an economy—what a country produces, what others need and how competitive it is,” he said, citing China’s manufacturing scale and the US’s consumption-led $30 trillion economy as examples.India, he said, is now asserting its own strength. “From a $1.5 trillion economy some years ago, India is already close to $4 trillion. That growth story is pl ...

MetaDAO Overview - MetaDAO is an ownership coin where token holders control the treasury and all value accrual, making all decisions [1] - MetaDAO's structure is legally and market structurally binding due to its ownership coin setup and futarchy's treasury control [1] - MetaDAO can evolve based on decision market proposals, without needing to force utility or waste revenue on buybacks [2] Revenue Streams - MetaDAO currently generates revenue from a small percentage take rate on AMM fees, which also performs auto arbitrage [2] - Potential increase in the AMM take rate is being considered [2] - MetaDAO anticipates earning revenue from a percentage deposit fee on all ICO commitments, potentially exceeding AMM revenue in the short term [2] - Additional monetization methods exist, leveraging MetaDAO's role as an internet native capital formation layer [2] Founder Compensation & Market Perception - MetaDAO's founders are incentivized with 2% of the token supply for every 1 billion USD increase in market cap [2] - This compensation model was approved via futarchy, indicating market belief in its positive impact on the token's value [2] Visionary Statement - MetaDAO aims to reshape the fabric of society and the concept of value, similar to Bitcoin's initial goals [3]

Investment & Funding - $100 million (百万美元) has been committed, indicating significant financial backing [1] - Solomon Labs' ICO (Initial Coin Offering) is now closed for further investments [1] Cryptocurrency & Blockchain - The future of capital formation is envisioned to be on Solana, a blockchain platform [1] - Solomon's ownership coin will launch in 1 hour at 19:30 UTC [1] - Token claiming and refund processes will be available on MetaDAO's website [1] MetaDAO Project - MetaDAO is associated with the Solomon Labs ICO [1] - MetaDAO will release details on the cap and initial launch price in 30 minutes [1]

Venture Capital & Solana - ICMdotrun 正在 Solana 上构建一个新的风险投资层 [1] - 风险投资正在链上进行资本形成，变得更快、全球化和无需许可 [1] - 硅谷的速度和雄心正在被利用 [1]

Core Thesis - The company aims to be the leading platform for sustainable capital formation [1] Scope of Assets - The platform will support a wide range of digital assets, including memecoins, social tokens, rev coins, and ownership coins [1]

Financial Data and Key Metrics Changes - The company reported net earnings of approximately $0.7255 per share, consistent with the previous quarter [3] - Annualized return on average assets was 1.16%, and adjusted return on average tangible equity was 16.01% [3][11] - Pre-tax, pre-provision revenues grew to a record of nearly $109 million, with a return on average assets of 1.76%, up from 1.64% in the prior quarter [4][11] - Revenue increased to a record $222 million for the quarter, driven by record net interest income of $194 million and non-interest income of $27.4 million [11] Business Line Data and Key Metrics Changes - The commercial loan portfolio grew at an annualized rate of 5%, primarily driven by commercial and industrial (C&I) production [5][12] - Non-interest income increased to $27.4 million, with solid performance from core banking fees, insurance, and wealth management [15] - The company closed approximately $742 million in new loans during the third quarter, bringing year-to-date production to $2.1 billion [5] Market Data and Key Metrics Changes - Deposits increased by $388 million, or an annualized rate of 8%, primarily driven by core deposits [4][13] - The average cost of total deposits increased by 4 basis points to 2.14% this quarter [13] - Non-performing assets improved to 0.41%, which compares favorably to peers [6] Company Strategy and Development Direction - The company remains focused on efficiently funding strong commercial loan growth and has made investments in people and capabilities to support quality deposit growth [5] - There is a strategic focus on growing non-interest income, with initiatives like Provident Protection Plus driving consistent growth [8] - The company is committed to managing credit risk while pursuing growth opportunities [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the credit position and underwriting standards, with a modest exposure to rent-stabilized multifamily properties in New York City [7] - The company anticipates benefits from recent Fed rate cuts and expects a net interest margin in the range of 3.38% to 3.45% for the fourth quarter [12] - Management highlighted the importance of organic growth and the potential for shareholder value creation through strategic investments [42] Other Important Information - The Board of Directors approved a quarterly cash dividend of $0.24 per share, payable on November 28 [9] - Tangible book value per share increased by $0.53, or 3.6%, to $15.13 [16] Q&A Session Summary Question: Update on margin and loan repricing - The total repricing is just under $6 billion, with about $4.95 billion in floating rate loans [18] Question: Competition in loan pricing - Increased competition has been observed, particularly in the commercial real estate (CRE) sector, but the company is still building a strong pipeline [20][21] Question: Non-interest income expectations - A conservative estimate for non-interest income suggests a potential step-down due to lower loan prepayment fees and seasonality [26] Question: Capital deployment strategy - The company prefers organic growth at profitable levels, with a target payout ratio for dividends in the 40%-45% range [28] Question: Deposit costs and efficiency ratio - The overall cost of funds increased slightly, but the company is managing to maintain an attractive funding advantage [30][32]

Core Insights - Glucose Health, Inc. has appointed Christopher J. Jemapete to its Board of Directors, effective immediately, strengthening its leadership team [1] - Mr. Jemapete has extensive experience in the financial services sector, having held senior positions at notable firms such as E.F. Hutton, Shearson Lehman Brothers, and Fidelity Investments [2] - Since his retirement in 2010, Mr. Jemapete has focused on investment opportunities in the micro-cap sector, gaining insights into the challenges faced by emerging companies [3] Company Developments - Mr. Jemapete has been an early strategic investor in Glucose Health, participating in all Private Placements since 2019 and helping raise over $2 million in capital [4] - He emphasizes the importance of adequate capitalization for the company to fully implement its strategic business plan and drive revenue growth [5] - The company has established a strong retail distribution network for its products, GLUCODOWN® and FIBER UP®, through major partners including Amazon and leading pharmacy chains in the U.S. [5]

Technology & Innovation - Futarchy and unruggable capital formation are key areas of focus [1] - Zcash aims to create unruggable private money [1] - Solana is working towards unstoppable internet capital markets [1] Industry Outlook - The industry views this as a promising time to advance civilization through technology [1]

Core Insights - Enfinity Global has entered into an equity and development agreement with a European investor to develop a 486MW battery energy storage system in Italy, which will have a storage capacity of 1,944MWh and a four-hour discharge duration [1] - The company’s pipeline in Italy includes 2.6GW of solar photovoltaic and 5.3GW of energy storage projects, with 245MW already operational and 564MW under construction [2] - The partnership aims to enhance the deployment of energy infrastructure in Italy, supporting the country’s climate goals and economic growth [3] Financial Details - Enfinity Global secured €316 million ($368 million) for a portfolio of eight utility-scale solar power projects in Italy, with the funding arranged as a club deal involving ING, Rabobank, and BNP Paribas [3][4] - The financing includes €214 million of nonrecourse senior debt and €101 million allocated for VAT, letters of credit, and other project-related costs [4] Project Locations and Capacity - The solar projects are located in Emilia-Romagna, Basilicata, and Lazio, collectively generating 276MW, with an expected online date by the end of 2026 [5]