Core Insights - ZOOZ Strategy Ltd. has acquired an additional 94 Bitcoin at an average price of $112,000 per Bitcoin, totaling approximately $10 million, bringing its total Bitcoin holdings to 1,036 Bitcoin [1][3] - The company's strategy reflects its commitment to integrating Bitcoin as a core treasury asset, making it the first dual-listed company on Nasdaq and TASE to do so [2][4] - Since launching its Bitcoin treasury strategy in July 2025, ZOOZ has invested approximately $115 million in acquiring a total of 1,036 Bitcoin [3] Company Strategy - ZOOZ is pioneering a long-term Bitcoin treasury strategy, positioning itself as a bridge between traditional capital markets and the Bitcoin economy [2][3] - The company aims to provide investors with direct Bitcoin exposure denominated in New Israeli Shekels (NIS), offering a unique opportunity in the capital markets [2][4] - CEO Jordan Fried emphasized the belief in Bitcoin as a resilient store of value and a cornerstone of sound financial strategy [3] Financial Overview - The total acquisition value for ZOOZ's Bitcoin holdings is approximately $115 million, reflecting a significant investment in digital assets [3] - The recent purchase of 94 Bitcoin adds to the company's growing treasury, reinforcing its financial strategy [1][3]

Financial Performance Highlights - Record Adjusted Net Revenue reached $950 million, a 38% year-over-year increase[9] - Adjusted EBITDA hit a record $277 million, resulting in a 29% Adjusted EBITDA Margin[9] - GAAP Net Income was $139 million, yielding a 14% GAAP Net Income Margin, marking the eighth consecutive quarter of profitability[9] - Adjusted EPS reached a record $0.11[9] Revenue Diversification - Fee-based Revenue totaled $409 million, a 50% year-over-year increase, representing 43% of Adjusted Net Revenue[9] - Financial Services and Tech Platform Revenue contributed $534 million to Adjusted Net Revenue, a 57% year-over-year increase[9] Growth Metrics - Total Deposits grew by $3.4 billion quarter-over-quarter, reaching nearly $33 billion[9] - Tangible Book Value grew by $1.9 billion quarter-over-quarter to $7.2 billion, more than doubling over two years[9] - The company added a record 905 thousand new members and 1.4 million new products[9] Lending Performance - Record loan originations of $9.9 billion occurred in the quarter[9] - Personal Loan net charge-offs declined 23 bps to 2.60%[9] - Loan Platform Business originations increased to a record $3.4 billion, up over $920 million from Q2[9]

Core Insights - The financial-technology company achieved multiple records in its third quarter due to a significant increase in loan demand [1] Group 1 - The company reported a surge in loan demand, contributing to its record performance [1]

Core Viewpoint - Securitize, Inc. is set to become a publicly-listed company through a business combination with Cantor Equity Partners II, Inc., positioning itself to tap into a $19 trillion total addressable market for the tokenization of real-world assets [1][2]. Company Overview - Securitize is valued at a pre-money equity value of $1.25 billion, with existing equity holders rolling 100% of their interests into the combined entity, which will be renamed Securitize Corp. and trade on Nasdaq under the ticker symbol "SECZ" [2][12]. - The company has tokenized over $4 billion in assets through partnerships with major asset managers, including BlackRock and Apollo [10][16]. Business Model and Strategy - Securitize plans to tokenize its own equity, marking an industry first aimed at demonstrating the public company process and trading on-chain [3]. - The platform provides an end-to-end relationship between issuers and investors, integrating regulatory compliance, digital asset infrastructure, and ecosystem connections across major blockchains and DeFi protocols [5][9]. Investment Highlights - The transaction includes a $225 million PIPE financing led by institutional investors, enhancing Securitize's capital for growth and customer adoption [7][12]. - Securitize is recognized as the first public securities-focused tokenization infrastructure company, with a comprehensive and regulated stack that includes SEC-registered entities [8][9]. Market Potential - The company is positioned to participate in a $19 trillion opportunity in tokenization across various asset classes, including equities and fixed income [8]. - Securitize supports fifteen major blockchains and is connected to leading DeFi protocols, enabling secondary market liquidity [8]. Leadership Statements - Carlos Domingo, Co-Founder and CEO of Securitize, emphasized the mission to democratize capital markets through tokenization, aiming to enhance accessibility, transparency, and efficiency [4]. - Brandon Lutnick, Chairman and CEO of Cantor Fitzgerald, expressed confidence in tokenization as a transformative force in capital markets [4].

Core Insights - PayPal has launched agentic commerce services to help merchants adapt to AI-driven commerce, enhancing product discovery and customer engagement [1][2][3] Group 1: Agentic Commerce Services - The new services include an agentic payment solution and catalog/order management to connect product data and inventory with AI-driven experiences [2][4] - PayPal's approach supports leading payment protocols and AI platforms, allowing merchants to integrate across multiple ecosystems with a single integration [3][6] Group 2: Features and Benefits - The agent ready solution enables existing PayPal merchants to accept payments on AI surfaces without additional technical requirements, enhancing fraud detection and buyer protection [4][5] - Store sync capability will make merchants' product data discoverable across leading AI channels, facilitating order management and fulfillment [5][6] - Merchants will maintain control over brand visibility and customer communications through store sync, preserving customer insights [6] Group 3: Strategic Partnerships - PayPal has partnered with Wix, Cymbio, Commerce (BigCommerce & Feedonomics), and Shopware to enhance product discoverability and streamline integration for merchants [6]

Core Insights - The digital transformation has become a "must-answer question" for the financial industry, with the 2023 Central Financial Work Conference emphasizing the importance of digital finance in the high-quality development of the financial system [1] - The rise of AI technologies is reshaping core capabilities within financial institutions, impacting risk control, customer service, operational management, and organizational structure [1] - A third digital finance case collection activity is set to begin, aimed at identifying benchmark cases and extracting replicable transformation experiences from various financial institutions and fintech companies [1] Summary by Categories Case Collection - The activity targets financial institutions and related technology companies, focusing on collaborative efforts among regulatory bodies, financial institutions, tech firms, and research organizations [2] - Previous editions of the case collection have successfully gathered over a hundred benchmark cases across banking, securities, insurance, and fintech sectors [2] Event Highlights - The series of activities includes four key highlights: - Pioneer cases of digital transformation in financial institutions - Pioneer cases of new financial digital innovation - Pioneer cases of digital financial service providers - Pioneer cases of digital financial products, specifically focusing on AI model applications in finance [4] Dialogue and Evaluation - A core think tank comprising regulators, financial executives, and tech leaders will engage in deep discussions on challenges related to digital transformation and data security compliance [5] - Evaluation of AI model application products will focus on their implementation in risk control, investment advisory, and operations, using a professional indicator system to select quality solutions [5] - A digital finance forum will serve as a platform for industry exchange, showcasing award-winning case practices and promoting cross-institutional technology experience sharing [5]

Core Insights - Intuit Inc. is expected to announce its fiscal Q1 earnings for 2026 soon, with a market cap of $190.4 billion and known for products like QuickBooks and TurboTax [1] Financial Performance - Analysts predict a profit of $1.63 per share for the upcoming quarter, reflecting a 52.3% increase from $1.07 per share in the same quarter last year [2] - For fiscal 2026, the expected profit is $17.19 per share, an 11.8% increase from $15.37 per share in fiscal 2025, with further growth anticipated to $19.67 per share in fiscal 2027, representing a 14.4% year-over-year increase [3] Stock Performance - Intuit's shares have increased by 12.2% over the past 52 weeks, which is lower than the S&P 500 Index's 18.4% return and the Technology Select Sector SPDR Fund's 29.8% increase during the same period [4] Recent Earnings Report - In Q4, Intuit reported revenue of $3.8 billion, a 20.3% year-over-year increase, exceeding consensus estimates by 2.4%. The adjusted EPS was $2.75, up 38.2% from the previous year and 3.8% above analyst expectations [5] - Despite the positive Q4 results, shares fell by 5% in the following trading session due to perceived weak fiscal 2026 guidance, with expected revenue between $21 billion and $21.2 billion, indicating a growth slowdown of 12% to 13% [5] Analyst Ratings - Wall Street analysts maintain a "Strong Buy" rating for Intuit, with 20 out of 29 analysts recommending "Strong Buy," three suggesting "Moderate Buy," five advising "Hold," and one indicating "Strong Sell." The mean price target is $835.46, suggesting a potential upside of 22.3% from current levels [6]

Core Viewpoint - Forge Global Holdings, Inc. is addressing media speculation regarding its potential sale and acknowledges unusual stock activity [1] Company Summary - Forge is a leading provider of marketplace infrastructure, data services, technology, and investment solutions for the private market [1] - The company typically does not respond to rumors or media speculation but felt the need to clarify its position due to current market activity [1]

Core Insights - Venmo has announced a partnership with Bilt to enhance its in-app commerce strategy, allowing users to pay rent, mortgage, and shop at local merchants through the Venmo platform, marking a shift from a peer-to-peer payment app to a comprehensive commerce platform [1][4] Group 1: Partnership Details - The partnership integrates Bilt's rent and rewards network with Venmo's payment experience, providing a simple and rewarding way for renters and homeowners to manage monthly payments [2][3] - Starting in early 2026, Bilt Members will be able to make housing payments directly in the Bilt app or within Venmo, using their Venmo balance or linked payment methods [1][5] Group 2: User Benefits - Bilt Members can complete payments in just a few taps, split costs with roommates, and earn Bilt Points redeemable for various rewards, enhancing the overall user experience [2][3] - The partnership extends Venmo's payment capabilities to over 45,000 merchants within Bilt's network, providing consumers with more payment options and flexibility [3][4] Group 3: Market Impact - With over 5 million Bilt Members and a presence in one in four residential buildings, the partnership aims to simplify payment processes for millions of renters while connecting them with local businesses [3][6] - The collaboration is seen as a significant step in Venmo's broader strategy to integrate everyday commerce into its platform, potentially reshaping how the next generation engages in spending and sharing [4][5]

Core Insights - The adoption of tokenized assets is accelerating in the financial services industry, with custodians leading the way, as 63% currently offer tokenized assets and 30% plan to do so within two years [1][2][3] - The Broadridge Tokenization Survey indicates that tokenization is set to reshape capital markets, enhance efficiency, and democratize access for investors [2] - Early adopters of tokenization report significant benefits, while non-adopters perceive fewer advantages, highlighting a widening gap between these groups [6] Custodians and Asset Managers - Custodians are at the forefront of tokenization, with 91% reporting improvements in efficiency, security, and innovation from offering tokenized assets [3] - Asset managers are beginning to accelerate their adoption, with only 15% currently offering tokenized products but 41% planning to launch them soon [3][4] - Wealth managers are more cautious, with only 10% currently offering tokenized assets and 33% planning to adopt them in the next two years [4] Challenges and Barriers - Regulatory uncertainty is cited as the biggest challenge for tokenization adoption, affecting 73% of institutions surveyed [5] - Other barriers include security concerns, infrastructure gaps, and a lack of common standards, which impact the adoption plans of asset and wealth managers [5] Broadridge's Position - Broadridge is emerging as a leader in supporting tokenized trading, with its Distributed Ledger Repo (DLR) solution processing an average of $339 billion in daily trade volumes [7] - The company is committed to facilitating the trading of digital assets across its technology platforms [7] Future of Tokenization - Scaling tokenization offerings will require common standards, regulatory clarity, and robust technology partnerships [8] - A cultural shift is necessary for institutions to prioritize tokenization as a core strategy rather than a side project [8]