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X @Bloomberg
Bloomberg· 2025-08-22 10:55
Turkey’s first commission-free trading platform Midas is now valued at nearly $1 billion following its latest funding round https://t.co/Zb8pGYRJFh ...
X @Cointelegraph
Cointelegraph· 2025-08-22 10:51
RT Marc Shawn Brown (@MarcShawnBrown)🚨 NEW DATA: Robinhood $HOOD has outperformed the S&P 500 by over 30x in the past year.Crypto stocks are eating TradFi alive. https://t.co/UwTdGK8KSU ...
X @BSCN
BSCN· 2025-08-22 06:00
Stablecoin Initiative - Ripple and SBI Holdings are set to introduce Ripple's dollar-backed stablecoin RLUSD in Japan via SBI VC Trade in Q1 2026 [1] - RLUSD, launched in late 2024, possesses a market capitalization of $666 million, backed by U S dollar deposits, Treasuries, and cash equivalents [1] - SBI VC Trade, operating under Japan's regulatory framework for electronic payment instruments, will manage the RLUSD rollout [1] - The initiative aims to bridge traditional finance and blockchain markets [2] Strategic Partnership & Regulatory Landscape - The collaboration deepens Ripple's two-decade alliance with SBI, coinciding with Japan's updated digital asset regulations [2] - CEO Tomohiko Kondo views the move as a significant advancement in the reliability and convenience of stablecoins within the Japanese market [2] - Ripple's Jack McDonald emphasizes the partnership's focus on delivering compliance, reliability, and institutional-grade trust in stablecoins [2] Future Plans - SBI is also planning a Bitcoin and XRP ETF, pending regulatory approval [3]
Stockwik publishes quarterly report January 1 - June 30, 2025
Globenewswire· 2025-08-22 05:00
Core Insights - The company has achieved an organic increase in operating profit for the fifth consecutive quarter, with EBITA rising by 38.4% and net sales increasing by 10.8% compared to the same quarter last year [1][2]. Financial Summary - For the period of April to June 2025, net sales reached MSEK 236.5, up from MSEK 213.6, marking a 10.8% organic growth [1][2]. - EBITDA for the same period was MSEK 19.1, an increase of 13.6% from MSEK 16.8 [1][2]. - EBITA rose to MSEK 8.4, reflecting a significant increase of 38.4% compared to MSEK 6.1 [1][2]. - EBIT also saw a substantial increase of 64.0%, reaching MSEK 6.7, up from MSEK 4.1 [1][2]. - Despite the growth in sales and profit margins, profit before tax decreased to MSEK -15.7 from MSEK -9.0, and profit after tax decreased to MSEK -14.9 from MSEK -8.6 [1][2]. Long-term Financing - The company successfully secured long-term financing through a new senior secured bond issue of MSEK 400, which replaced the existing MSEK 350 bond on improved terms [2][1]. Operational Metrics - The average number of employees increased to 414 from 398 year-over-year [1]. - The equity ratio decreased to 16.6% from 26.5% due to the ongoing refinancing process [5]. Adjusted Financial Metrics - Adjusted EBITDA for the second quarter was MSEK 21.8, up from MSEK 19.3, with an adjusted EBITDA margin of 9.2% [1]. - Adjusted EBITA increased to MSEK 11.2 from MSEK 7.2, with an adjusted EBITA margin of 4.7% [1]. Company Overview - Stockwik Förvaltning AB provides a stable platform for small businesses to grow both organically and through acquisitions, offering value-adding products and services to corporate customers [3]. - The company is listed on Nasdaq Stockholm Small Cap under the short name STWK [3].
X @BSCN
BSCN· 2025-08-22 04:54
🚨JUST IN: @RIPPLE AND SBI HOLDINGS TO BRING RLUSD STABLECOIN TO JAPANESE MARKETS VIA SBI VC TRADE IN Q1, 2026 ...
X @Cointelegraph
Cointelegraph· 2025-08-22 04:00
Partnerships & Market Expansion - Ripple 通过其子公司 SBI VC Trade 宣布合作,将于 2026 年第一季度在日本分销 RLUSD 稳定币 [1]
X @Forbes
Forbes· 2025-08-21 21:30
Company Overview - Rogo, based in New York City, is developing a chatbot to assist junior bankers [1] Product Focus - The chatbot aims to automate time-consuming tasks such as number crunching, presentation and spreadsheet preparation, and basic research [1] Target Audience - The chatbot is specifically designed for junior bankers [1]
Oportun Completes $538 Million Asset Backed Securitization
Globenewswire· 2025-08-21 20:10
5.294% average yield, 38 basis points lower than previous ABS financing in June Company has proactively paid down $10 million of higher cost corporate debt since end of the second quarter SAN CARLOS, Calif., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the issuance of approximately $538 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. AAA rating on the most senio ...
X @Wu Blockchain
Wu Blockchain· 2025-08-21 19:22
Industry Collaboration & Innovation - State Street joins JPMorgan's Digital Debt Service as first third-party custodian, enabling blockchain-based custody for debt securities [1] - The service is powered by JPMorgan's Kinexys tokenization platform [1] Transaction Details - The first transaction involved a $100 million commercial paper issued by OCBC (Oversea-Chinese Banking Corporation) [1] Service Capabilities - The service supports on-chain wallet management, same-day (T+0) settlement, and automated lifecycle management [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Marex Group PLC - MRX
GlobeNewswire News Room· 2025-08-21 17:56
Core Viewpoint - Marex Group PLC is under investigation for potential securities fraud and unlawful business practices following a critical report by NINGI Research, which claims the company has engaged in deceptive accounting practices [1][3]. Group 1: Investigation and Legal Actions - Pomerantz LLP is investigating claims on behalf of investors of Marex Group PLC regarding possible securities fraud or other unlawful business practices [1]. - Investors are encouraged to contact Pomerantz LLP for more information about the class action [2]. Group 2: Financial Allegations - NINGI Research published a report stating that Marex has been involved in a multi-year accounting scheme, utilizing opaque off-balance-sheet entities and fictitious intercompany transactions to conceal losses and inflate profits [3]. - The report describes Marex as a "financial house of cards," indicating significant issues with its balance sheet and financial reliability [3]. - Following the release of this report, Marex's stock price dropped by $2.33, or 6.19%, closing at $35.31 per share on August 5, 2025 [3].