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Blue Gold Strengthens Leadership Team with Appointment of Chief Technology Officer to Deliver Digital Strategy and Create Ecosystem for World’s First Global Gold-Backed Digital Currency
Globenewswire· 2025-11-04 12:00
Proven innovator and technology executive Nathan Dionne to advance Blue Gold’s mission of building the world’s first gold-backed digital currency ecosystemNEW YORK, NY, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) (“Blue Gold” or the “Company”), a next-generation gold development and technology company, today announced the appointment of Nathan Dionne as Chief Technology Officer (CTO), effective immediately. As CTO, Mr. Dionne will lead the delivery of the Company’s digital strategy, ov ...
Hong Kong positioned as stablecoin bridge for mainland Chinese firms: fintech unicorn
Yahoo Finance· 2025-11-04 09:30
Brazilian fintech unicorn Ebanx sees Hong Kong emerging as a stablecoin payment hub for mainland Chinese companies engaged in international trade, as its CEO visited the city's largest-ever Fintech Week to explore expansion opportunities. Hong Kong could serve as "a kind of initial validation, initial test" for Chinese companies exploring stablecoin use in cross-border commerce, said Joao Del Valle, CEO and co-founder of global digital payment services provider Ebanx, in a recent interview with the Post. ...
AI Fintech Optasia Climbs in JSE Debut, Eyes Asia Expansion
Yahoo Finance· 2025-11-04 09:24
Core Viewpoint - Optasia Group, an AI-powered fintech firm, successfully debuted on the Johannesburg Stock Exchange, marking South Africa's largest initial public offering (IPO) of the year [1][4]. Company Overview - Optasia Group was founded in 2012 and operates in 38 countries, primarily in Africa, the Middle East, and Asia [8]. - The company utilizes AI and approximately 5,000 data points to assess creditworthiness, providing microloans and cash advances to underbanked customers through mobile partners like MTN Group Ltd. and Vodacom Group Ltd. [8]. Market Performance - The stock opened at 20.75 rand and was trading at 19.71 rand shortly after, giving the company a market value of 24.3 billion rand (approximately $1.4 billion) [2]. - Shares were priced at 19 rand each prior to the listing [2]. Strategic Plans - Optasia aims to expand its operations in Africa, Asia, and Latin America, with plans to broaden its credit offerings to include buy-now-pay-later options and virtual credit [4]. - The CEO indicated that the company would consider acquisitions in Asia or Latin America to enhance market presence [5]. Industry Impact - The successful debut of Optasia is expected to encourage other fintech firms to consider listings on the Johannesburg Stock Exchange, capitalizing on the demand for AI-powered investments [6]. - The listing is seen as a positive signal for South Africa's listings pipeline, showcasing the JSE's relevance beyond traditional sectors like mining and banking [7].
AI Fintech Optasia Lists on JSE
Yahoo Finance· 2025-11-04 08:20
Core Insights - AI-powered fintech firm Optasia Group experienced a strong debut on the Johannesburg Stock Exchange, marking South Africa's largest initial public offering (IPO) of the year [1] Company Summary - Optasia Group is positioned in the fintech sector, leveraging artificial intelligence to enhance its financial services offerings [1] - The company's IPO reflects growing investor interest in technology-driven financial solutions within the South African market [1] Industry Summary - The fintech industry in South Africa is witnessing significant growth, with increased activity in initial public offerings, indicating a robust investment climate [1] - Optasia Group's successful listing may set a precedent for future fintech companies looking to enter the public market in South Africa [1]
X @Bloomberg
Bloomberg· 2025-11-04 05:18
AI-powered fintech firm Optasia is eying expansion in Africa, Asia and Latin America following a Johannesburg Stock Exchange listing on Tuesday that will value it close to $1.4 billion https://t.co/MtDHBdzyEV ...
Antalpha to Report Third Quarter 2025 Financial Results on November 10, 2025
Globenewswire· 2025-11-03 21:30
Core Viewpoint - Antalpha Platform Holding Company is set to report its financial results for Q3 2025 on November 10, 2025, before the U.S. market opens, with a conference call scheduled for the same day to discuss these results [1]. Group 1: Financial Reporting - The financial results for Q3 2025 will be announced before the U.S. market opens on November 10, 2025 [1]. - A conference call will be held at 8:00 A.M. U.S. Eastern Time on November 10, 2025, to discuss the financial results [1]. Group 2: Company Overview - Antalpha is a leading fintech company that specializes in providing financing, technology, and risk management solutions to institutions in the digital asset industry [3]. - The company offers Bitcoin supply chain and margin loans through its Antalpha Prime technology platform, enabling customers to manage their digital asset loans and monitor collateral positions with near real-time data [3].
Fintech Stock Nears 2 Support Levels Before Earnings
Schaeffers Investment Research· 2025-11-03 20:14
Core Insights - Affirm Holdings Inc is currently trading at $72.31, facing resistance at the $80 level, with a recent pullback observed at the $70 level, which aligns with a historically bullish trendline [1] Price Trends - The stock has pulled back to the 126-day trendline, remaining above it 80% of the time in the past two months. Historically, similar signals have led to a 50% chance of the stock being higher one month later, with an average gain of 12.5%, potentially pushing the stock above $81 for the first time since September [2] Options Activity - There is significant bearish sentiment surrounding the stock, as indicated by a 50-day put/call volume ratio of 1.38, ranking in the 99th annual percentile. The Schaeffer's put/call open interest ratio of 1.08 also sits in the 96th percentile, suggesting that unwinding of this sentiment could provide additional support for the shares [4] Short Interest - Short interest has decreased by 18.8% over the past two reporting periods but still represents 5% of the stock's total float. At the current trading pace, it would take short sellers nearly two days to cover these positions [5] Earnings Expectations - Affirm is set to announce earnings on November 6, with a history of mixed post-earnings performances. The stock has averaged a 14.8% earnings swing over the past two years, with analysts expecting a larger-than-usual 19% move this quarter, regardless of direction [6]
X @Decrypt
Decrypt· 2025-11-03 19:40
Company Initiatives - Ripple 通过 Ripple Prime 服务,允许美国客户访问数十种加密货币的现货交易 [1]
Affirm bulks up lending power ahead of earnings
American Banker· 2025-11-03 18:24
Core Insights - Affirm is enhancing its merchant and financial scale to compete with rivals like Klarna and PayPal by signing distribution deals with Worldpay and expanding its relationship with New York Life [1][8] - The company aims to integrate its payment solutions into various platforms, making it easier for consumers to choose Affirm as a payment option [2][4] Partnership Developments - Affirm has expanded its partnership with Worldpay to integrate its services into Worldpay's embedded payments option, which supports over 1,000 software-as-a-service companies that processed more than $400 billion in payments volume [3][4] - New York Life has agreed to purchase up to $750 million of Affirm's installment loans, providing off-balance-sheet funding that can support up to $1.75 billion in consumer loan volume per year [6] Market Positioning - Affirm has added 23 million users in the past 12 months, indicating strong consumer interest in its payment options, which include multiple payment methods beyond installment financing [4][8] - The company is focusing on mainstream payment solutions, aiming to be present where consumers make payment decisions [2][5] Competitive Landscape - Affirm is in a competitive environment with other BNPL fintechs like PayPal and Klarna, which are also expanding their offerings and partnerships [8][10] - PayPal has recently entered a similar BNPL investment deal, indicating a trend among fintechs to bolster their BNPL portfolios [9][10] Future Outlook - Affirm is set to report earnings soon, which may provide further insights into its growth and market strategies [8]
Ripple Prime Clients Gain Access to Spot Crypto Trading
Yahoo Finance· 2025-11-03 17:40
Core Insights - Ripple has launched spot trading for various cryptocurrencies through its Ripple Prime service, following the acquisition of Hidden Road for $1.25 billion [1][2][5] - The service allows access to prominent digital assets, including XRP and Ripple's RLUSD stablecoin, which have market caps of $142 billion and $1 billion respectively [2] - Ripple's offerings now likely include Bitcoin, Ethereum, and Solana, enhancing its service portfolio for institutional clients [3][4] Group 1 - Ripple's Prime clients can access a wide range of digital assets, enhancing trading capabilities [2][3] - The launch of OTC spot execution capabilities complements existing OTC and cleared derivatives services, providing a comprehensive trading solution for U.S. institutions [4] - Ripple's prime brokerage allows institutions to engage in foreign-exchange trading, precious metals, synthetic assets, and margin trading [5][6] Group 2 - Ripple's CEO highlighted the importance of Hidden Road as a trusted intermediary for major financial players, indicating a strong market position [5][6] - The acquisition of Hidden Road is part of Ripple's strategy to adapt to a more favorable regulatory environment, with multiple acquisitions in recent years [7]