Revolut is reportedly exploring a dual listing in London and New York, a move that would mark a landmark moment for both financial hubs. Key Takeaways: Revolut is considering a dual listing in London and New York that could value the company at $75 billion. If approved, it would become the first firm to join the FTSE 100 while listing in New York simultaneously. Recent UK regulatory reforms and political support may be shifting the company’s stance toward a London debut. If completed, the listing ...

SINGAPORE (Reuters) -Carro, Southeast Asia's largest used-car online marketplace, has raised $60 million in a funding round led by Japan sovereign wealth fund Cool Japan Fund, the company said on Wednesday. The investment will go towards promoting Japanese cars across the Asia-Pacific region, Carro said in a statement, adding it was confident that it could increase the market share of Japanese plug-in hybrid electric vehicles in the region. Besides Singapore, Carro has a presence in markets including Mal ...

Core Viewpoint - Payments company Wise is considering becoming a full-fledged bank in the United Kingdom, with plans still in early stages and no banking license application submitted yet [2][3]. Group 1: Company Developments - Wise has been in discussions with experienced financial services executives regarding roles in a potential banking business over the last two months [2]. - The company, originally known as TransferWise, rebranded to Wise in February 2021 to reflect its expanded services, including bank-like offerings such as debit cards and multi-currency accounts [2]. - Wise is currently operating under electronic money rules, which means customer funds cannot be used for lending and must be ring-fenced [3]. Group 2: Strategic Implications - A banking license would allow Wise to convert safeguarded funds into deposits, enabling them to recycle these into lending opportunities [4]. - Obtaining a banking license would provide Wise with direct access to the U.K.'s payment infrastructure, reducing reliance on third-party banks for clearing and settlement, which could lower costs and operational complexity [4]. Group 3: U.S. Market Moves - In June, Wise applied to become a national trust bank in the United States, allowing it to settle dollar payments directly with the Federal Reserve, potentially reducing costs and speeding up transfers [4]. - The company announced plans to move its primary listing to a U.S. stock exchange while maintaining a secondary listing on the London Stock Exchange, which Wise co-founder and CEO Kristo Käärmann stated would bring substantial strategic and capital market benefits [5][6]. - The dual listing aims to enhance awareness of Wise in the U.S., which is viewed as the largest market opportunity for its products, and to provide better access to deep and liquid capital markets [6].

Core Viewpoint - Jeffs' Brands Ltd is initiating the process to list its ordinary shares on the Frankfurt Stock Exchange to enhance visibility and trading liquidity in Europe [1][3]. Group 1: Listing Announcement - The board of directors of Jeffs' Brands has resolved to commence the application process for trading its ordinary shares on the Frankfurt Stock Exchange [1]. - The company's ordinary shares and public warrants will continue to trade on the Nasdaq Capital Market under the symbols JFBR and JFBRW, respectively [2]. Group 2: Strategic Intent - The potential dual listing on the Frankfurt Stock Exchange is aimed at broadening the company's investor base and creating new opportunities by exposing it to European institutional and retail investors [3]. - The company believes that this strategic step may significantly enhance its visibility and trading liquidity in Europe [3]. Group 3: Listing Process Considerations - The timing of the listing process will depend on various factors, including overall market conditions and the company's ability to meet the Frankfurt Stock Exchange listing criteria [4]. - There is no assurance that the company's application will be approved or that a trading market will develop [4]. Group 4: Company Overview - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging insights into the FBA Amazon business model [5]. - The company utilizes both human capability and advanced technology to enhance product offerings [5].

Core Viewpoint - Vistra announced the dual listing of its common stock on NYSE Texas, effective August 19, 2025, enhancing its presence in the financial market [1]. Group 1: Company Overview - Vistra is a leading integrated retail electricity and power generation company based in Irving, Texas, providing essential resources across the United States from California to Maine [4]. - The company operates a diverse power generation fleet, including natural gas, nuclear, coal, solar, and battery energy storage facilities, focusing on reliability, affordability, and sustainability [4]. Group 2: Strategic Moves - Vistra has become a Founding Member of NYSE Texas, reflecting its long-standing Texas roots dating back to 1882 [2]. - The company will continue to trade under the ticker symbol "VST" on both NYSE and NYSE Texas, maintaining its primary exchange on NYSE [3]. Group 3: Industry Context - The establishment of NYSE Texas aims to position Texas as a leading global financial hub, aligning with Vistra's commitment to the state's economic growth [2]. - The dual listing is expected to enhance Vistra's visibility and accessibility to investors, further solidifying its market position [1][3].

Core Viewpoint - Globe Life Inc. has announced the dual listing of its common stock on NYSE Texas, while maintaining its primary listing on the New York Stock Exchange, indicating a strategic move to strengthen its presence in Texas [1][2]. Company Overview - Globe Life is headquartered in McKinney, Texas, and employs over 16,000 insurance agents and 3,600 corporate employees [3]. - The company issues more life insurance policies than any other life insurance company in the United States, with over 17 million policies in force [3]. - Globe Life's subsidiaries include American Income Life Insurance Company, Family Heritage Life Insurance Company of America, Globe Life And Accident Insurance Company, Liberty National Life Insurance Company, and United American Insurance Company [3]. Strategic Importance - The dual listing on NYSE Texas reflects Globe Life's commitment to the Texas community, where its headquarters is located [2]. - The relationship with the New York Stock Exchange is emphasized as fundamental to the company's financial strength [2].

Core Viewpoint - AT&T announced the dual listing of its common stock on NYSE Texas, effective August 1, 2025, while maintaining its primary listing on the New York Stock Exchange [1][2]. Company Commitment to Texas - AT&T has a long-standing relationship with the New York Stock Exchange, dating back to September 4, 1901, and is proud to strengthen its commitment to Texas through this dual listing [2][4]. - The company has invested nearly $13 billion in Texas network infrastructure from 2020 to 2024 and donated over $43 million across the state, with nearly $11 million aimed at bridging the digital divide [4][5]. Community Engagement - AT&T operates 14 Connected Learning Centers in Texas to enhance connectivity and support local communities [4]. - The company employs nearly 24,000 individuals in Texas, contributing to the state's innovation and business growth [5]. Historical Significance - AT&T is one of only 12 companies that have been listed on the New York Stock Exchange for over 120 years, highlighting its historical significance in the financial market [2]. Business Operations - AT&T serves more than 100 million U.S. families and nearly 2.5 million businesses, providing services that range from traditional phone calls to advanced 5G wireless and multi-gig internet offerings [6].

Company Overview - Maxus Mining Inc. is a mineral exploration company focused on locating, acquiring, and developing economic mineral properties in premier jurisdictions [3] - The company is currently progressing its Penny Copper Project and evaluating future opportunities to expand operations [3] Recent Developments - Maxus Mining's common shares are now trading on the Frankfurt Stock Exchange under the symbol "R7V", providing international exposure to Canadian and European investors [1][2] - The dual listing is expected to enhance visibility to a broader pool of investors and increase liquidity for current shareholders [2][3] Penny Copper Project Details - The Penny Copper Project spans approximately 3,122 hectares and has a history of exploration activity over the last 100+ years [4] - Recent exploration work included rock sampling, with notable copper values recorded: 1,046 ppm Cu, 1,808 ppm Cu, and 2,388 ppm Cu from grab samples [4]

Core Viewpoint - Orion Group Holdings, Inc. has announced the dual listing of its common stock on NYSE Texas, maintaining its primary listing on the New York Stock Exchange with the same ticker symbol "ORN" [1] Group 1: Company Overview - Orion Group Holdings is a leading specialty construction company serving the infrastructure, industrial, and building sectors [3] - The company provides services both on and off the water across the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [3] - Orion's marine segment offers construction and dredging services related to marine transportation facility construction, marine pipeline construction, and environmental dredging [3] - The concrete segment provides turnkey concrete construction services for large commercial and structural projects [3] Group 2: Leadership Commentary - The CEO of Orion expressed pride in being among the founding members listed on NYSE Texas, highlighting the company's long-standing roots in Texas and its alignment with pro-growth values [2] - The Chief Development Officer of the NYSE Group welcomed Orion to NYSE Texas, emphasizing the state's business-friendly climate as a compelling platform for forward-looking companies [2]

Core Viewpoint - Brazil Potash Corp. has successfully launched its Brazilian Depositary Receipts (BDRs) on the B3 stock exchange, allowing Brazilian investors to participate in the ownership of the company and its Autazes Potash Project, which aims to reduce Brazil's fertilizer import dependence [1][2][3] Group 1: BDR Launch and Impact - The BDRs will begin trading on May 26, 2025, under the ticker symbol GROP31, enhancing the company's visibility in both North American and Brazilian capital markets [1][3] - The BDR program aligns with Brazil's National Fertilizer Plan, which targets reducing fertilizer import dependence from 85% to 45% by 2050 [2] - Each BDR represents one common share of Brazil Potash, which continues to trade on the NYSE American under the ticker symbol GRO [3] Group 2: Project Significance and Production - The Autazes Project aims to supply sustainable fertilizers to Brazil, a major agricultural exporter, which imported over 95% of its potash fertilizer in 2021 [5] - Brazil Potash plans to produce up to 2.4 million tons of potash annually, potentially meeting approximately 20% of Brazil's current potash demand [5] - The project is expected to mitigate around 1.4 million tons of greenhouse gas emissions per year by reducing reliance on imported potash [5] Group 3: Strategic Partnerships and Logistics - The potash produced will be transported primarily using low-cost river barges in partnership with Amaggi, a significant player in Brazil's agricultural logistics [5] - Banco Bradesco S.A. will act as the depositary institution for the BDR program, which is governed by relevant regulations [4]