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EXPANDED CLASS PERIOD: Contact Berger Montague About a Coupang, Inc. (CPNG) Class Action Lawsuit
TMX Newsfile· 2026-01-08 16:51
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly making false statements regarding its cybersecurity and regulatory compliance during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from May 7, 2025, to December 16, 2025 [1][2]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations - The complaint claims that Coupang had inadequate cybersecurity measures, exposing it to a higher risk of data breaches, which could lead to regulatory scrutiny [3]. - Revelations starting in November 2025 indicated that a former employee accessed sensitive customer information for nearly six months undetected, leading to significant declines in Coupang's stock price [4].
Tokenized Brazilian credit card debt offers 13% yield through BlackOpal's GemStone platform
Yahoo Finance· 2026-01-08 14:00
Core Insights - Brazilian merchants may soon receive instant cash for credit card payments through a new initiative that tokenizes debt, offering double-digit returns in a $100 billion market for working capital [1][3] Group 1: Company Overview - BlackOpal, an onchain asset management and payments platform, will purchase debt at a discount, tokenize it on its GemStone platform using the Plume Network blockchain, and sell it to institutional buyers globally [2] - The GemStone platform is set to launch, highlighting the increasing use of tokenization in emerging markets beyond government bonds [3] Group 2: Market Dynamics - In Brazil, 70% of credit card transactions allow customers to pay in installments, which delays payments to merchants; GemStone addresses this by buying receivables at a discount [4] - Merchants receive 95 cents on the dollar immediately instead of waiting months for credit card payments, with the full payment later sent to BlackOpal [5] Group 3: Investment Opportunity - Token buyers could earn an annualized yield of 13% (USD-denominated and FX-hedged), with credit card companies covering customer defaults, presenting a more attractive option compared to the 4.2% yield on U.S. 10-year Treasury notes [8] - BlackOpal's CEO emphasized that the structure ensures collection is a matter of 'when' rather than 'if,' positioning it as a viable option for institutional-grade emerging market yield [6][7]
Silicon Valley Acquisition Corp. Announces Closing of Over-Allotment Option in Connection with Its Initial Public Offering
Globenewswire· 2026-01-08 13:00
Group 1 - The Company, Silicon Valley Acquisition Corp., completed the sale of 1,500,000 additional units at $10.00 per unit, raising an additional $15,000,000 in gross proceeds, bringing the total units issued in the initial public offering to 21,500,000 with a total offering price of $215,000,000 [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable public warrant, with each whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 [2] - The Company was established to pursue business combinations across various sectors, focusing on fintech, crypto/digital assets, AI-driven infrastructure, energy transition, auto/mobility, technology, consumer, healthcare, and mining industries [3] Group 2 - Clear Street LLC served as the sole book-running manager for the public offering, which was conducted solely through a prospectus [4] - A registration statement for the securities was declared effective on December 22, 2025 [5]
Jim Cramer on Affirm: “I Think That Stock Is Going to Par, Which Is Genuine Wall Street Gibberish for $100”
Yahoo Finance· 2026-01-08 12:45
Core Insights - Affirm Holdings, Inc. (NASDAQ:AFRM) is viewed positively by Jim Cramer, who believes the stock could reach $100 from its current price of $80 [1] - The company reported a strong last quarter, beating earnings expectations by 12 cents and showing higher-than-expected revenue, which initially drove the stock price up over 11% [1] - Despite the positive quarterly results, the stock has since declined to around $65 due to concerns about consumer spending, which Cramer argues is unwarranted given recent positive retail earnings and a recent interest rate cut by the Federal Reserve [1] Company Overview - Affirm Holdings provides a digital payment platform that allows consumers to pay for purchases over time through point-of-sale solutions and an app [1] - The company is recognized as a leader in the "buy now, pay later" sector [1] Market Context - The stock market data indicates an upward trajectory for Affirm Holdings, particularly following its impressive quarterly results [1] - Recent economic indicators, including a Federal Reserve interest rate cut and positive earnings from various retailers, suggest a stable consumer environment [1]
WPAY: A Bad Idea For Income Play
Seeking Alpha· 2026-01-08 09:54
Market Overview - The US stock market has experienced volatility over the last two months, despite major indices like the S&P 500 reaching new highs [1] Investment Strategies - Roundhill has launched a new "fund of funds" type of income strategy, indicating a shift towards income-focused investment approaches [1]
PayPal, Stripe and other fintech giants flex crypto muscles — ‘2026 is going to be massive’
Yahoo Finance· 2026-01-08 08:04
Core Insights - Fintech firms are significantly increasing their investments in the crypto market, which is valued at $3 trillion, with expectations for substantial growth in 2026 [1] PayPal - PayPal is integrating blockchain solutions to remain relevant in the evolving payment landscape, with CEO Alex Chriss emphasizing the need for innovation in the payments ecosystem [3] - The company is expanding its crypto team and is actively seeking a senior manager for crypto business development to advance its initiatives [3] - PayPal launched its stablecoin, PYUSD, in 2023, which saw a 600% increase in circulation to $3.6 billion by 2025, representing 1.6% of the stablecoin market [4] Stripe - Stripe plans to launch its layer 1 blockchain, Tempo, in 2026, following a public testnet launch in December [5] - The company previously acquired stablecoin startup Bridge for $1.1 billion in 2024, indicating its strong commitment to the crypto space [5] - Stripe is collaborating with various partners, including Deutsche Bank and Visa, to enhance Tempo, although the exact mainnet launch date remains unconfirmed [6] Klarna - Klarna is set to launch its own stablecoin in 2026, marking a significant shift from its previous stance in 2022 when it rejected the idea of engaging with cryptocurrencies [7]
Broadridge's Distributed Ledger Repo Platform Processes Nearly $9 Trillion in December
Prnewswire· 2026-01-08 08:00
Core Insights - Broadridge Financial Solutions reported a significant increase in its Distributed Ledger Repo (DLR) platform, processing an average of $384 billion in daily repo transactions in December 2025, marking a 490% year-over-year increase and a 4% increase from November 2025 [1][2] Group 1: Company Performance - The DLR platform's total transaction volume reached nearly $9 trillion in December 2025, indicating strong institutional adoption of tokenized real-asset settlement [1] - Broadridge's technology and operations platforms facilitate over 7 billion communications annually and support daily trading of over $15 trillion in various securities globally [4] Group 2: Industry Trends - The DLR platform has transitioned from early adoption to becoming the largest institutional platform for settling tokenized real assets, with expectations for continued growth in participants, use cases, and transaction volumes in 2026 [2] - The industry is focusing on improving repo processing, collateral mobility, and reducing operational friction to meet the demands of modern capital markets, with a shift towards trusted platforms that can operate at scale [2]
Broadridge Invests in DeepSee, Further Harnessing Agentic AI to Transform Post-trade Operations
Prnewswire· 2026-01-08 06:00
Core Insights - Broadridge Financial Solutions has announced a strategic investment and partnership with DeepSee to enhance AI capabilities in capital markets, focusing on optimizing global post-trade operations [1][2][3] Group 1: Investment and Partnership - Broadridge has taken a minority ownership stake in DeepSee, marking a significant step in leveraging AI and harmonized data for post-trade operations [1] - Tom Carey, President of Broadridge Global Technology and Operations, will join DeepSee's Board of Directors to strengthen the collaboration [2] Group 2: AI Implementation and Benefits - The partnership will initially focus on AI-powered email orchestration, transforming traditional inboxes into automated workflows for post-trade operations [2][3] - Key benefits of the AI solution include increased productivity through automated workflows, smarter resource optimization by eliminating unnecessary emails, and enhanced transparency with real-time dashboards [5][6] Group 3: Operational Impact - Broadridge processes over $15 trillion in daily trades and aims to embed AI into workflows to improve decision-making and operational efficiency [3][7] - The AI solution has already been deployed across Broadridge's Business Process Outsourcing Operations, serving over 60 clients [5]
OBOOK Holdings Inc. (OWLS) to Adopt x402 Standard to Unlock AI Agent Revenue for Global Merchants
Globenewswire· 2026-01-08 03:37
Core Insights - OwlTing is integrating with the x402 ecosystem to enable merchants to accept payments from AI agents, addressing a gap in the market for compliant payment processing for AI-initiated transactions [3][4][5] Group 1: Company Overview - OBOOK Holdings Inc. operates as OwlTing Group, a global fintech company with a diversified ecosystem across payments, hospitality, and e-commerce [10] - The company is headquartered in Taiwan and has subsidiaries in multiple countries, including the United States, Japan, and Singapore [10] - OwlTing was ranked among the top 2 global players in the "Enterprise & B2B" category in the digital currency sector as of 2025 [10] Group 2: Product and Technology - OwlTing's OwlPay Checkout solutions are designed to verify AI-initiated payment requests and settle transactions instantly in regulated digital or fiat currencies [4][6] - The x402 standard allows AI agents to initiate payments, while OwlTing provides the necessary infrastructure for merchants to receive these payments [5][7] - The integration aims to facilitate a seamless transition from digital instructions to recognized revenue with minimal human intervention [6][7] Group 3: Market Opportunity - AI-driven traffic to retail websites in the U.S. surged by over 4,700% over the past year, indicating a significant shift towards AI-driven commerce [7] - McKinsey estimates that the transition to Agentic Commerce could represent up to US$1 trillion in the U.S. B2C retail sector by 2030, with a global opportunity of US$3 to 5 trillion [7][8] - Trust and compliance are critical for capturing this market volume, and OwlTing holds Money Transmitter Licenses in 39 U.S. states and other regulatory licenses in Europe and Japan [9]
Klarna Group plc Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Klarna Group plc Class Action Lawsuit
Globenewswire· 2026-01-07 23:12
SAN DIEGO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Klarna Group plc (NYSE: KLAR) securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Klarna's September 10, 2025, initial public offering ("IPO"). Klarna purports to be a “technology-driven payments company, with operations spanning multiple countries.” For more information, subm ...