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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 @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].
NBA star Tristan Thompson's crypto dream team
Yahoo Finance· 2025-08-21 17:55
Which coin is the Michael Jordan of crypto? On this week's Financial Freestyle, host Ross Mac speaks with Tristan Thompson, NBA champion and Web3 entrepreneur. Thompson discusses his early NBA career investments, compares the top crypto coins to NBA legends, and explains the impact he is making as chief digital equity officer of World Mobile. For a deep dive on how Tristan Thompson is bridging the gap between sports and finance, check out this week's episode of Financial Freestyle. Financial Freestyle with ...