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Datavault AI Announces Agreement with Sports Illustrated in Connection with The Development of a Proprietary, Sports-Focused Digital Asset Exchange Platform
Accessnewswire· 2026-01-28 11:50
PHILADELPHIA, PENNSYLVANIA / ACCESS Newswire / January 28, 2026 / Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and realworld asset ("RWA") tokenization technologies, today announced an agreement with iconic sports media brand Sports Illustrated. Under the agreement, Sports Illustrated, Datavault AI and its other partners will explore a potential collaboration for the development of a digital asset exchange focused on u ...
Cathie Wood Bets Again On Peter Thiel-Backed Crypto Platform, Ark Picks Up Stock Worth $3 Million - Bullish (NYSE:BLSH)
Benzinga· 2026-01-28 01:52
Group 1 - Ark Invest acquired shares in Bullish, demonstrating confidence in the digital asset platform following its recent financial performance [1][2] - The ARK Innovation ETF purchased 80,124 shares and the ARK Fintech Innovation ETF acquired 5,648 shares, totaling approximately $2.98 million at a closing price of $34.80 [2] - Bullish reported third-quarter earnings of $76.5 million, exceeding analyst expectations of $71.2 million, despite a decline in digital asset sales from the previous year [3] Group 2 - Ark's investment in Bullish aligns with its strategy to gain exposure to emerging technologies, with the current stake valued at $153.1 million, representing 1.14% of Ark's portfolio [4] - Ark also sold shares of Twist Bioscience Corp. and Kratos Defense and Security Solutions Inc., while acquiring shares of Kodiak AI Inc. [6]
HashKey Exchange获《 The Asset》 “年度数字资产交易所”奖项
Sou Hu Cai Jing· 2026-01-20 11:20
Core Viewpoint - HashKey Holdings Limited's subsidiary, HashKey Exchange, has been awarded the "Annual Digital Asset Exchange" by the prestigious financial media outlet, The Asset, highlighting its market leadership and compliance in the digital asset sector [1]. Group 1: Award Recognition - HashKey Exchange received the "Annual Digital Asset Exchange" award from The Asset, a well-respected financial magazine established in 1999 [1]. - The award is part of The Asset's Triple A series, which has a rigorous and independent evaluation system recognized globally in the financial market [1]. - HashKey Exchange is the only licensed digital asset exchange in Hong Kong to receive this award, with only four institutions globally being recognized in this category [1]. Group 2: Market Position and Future Plans - The award serves as a strong testament to HashKey Exchange's market leadership and comprehensive strength in compliance and product innovation [1]. - The platform aims to continue its stable development within a compliance framework, enhancing service capabilities to provide safer and more convenient digital asset services [1]. - HashKey Exchange is committed to promoting a healthy and orderly development of the industry [1].
Block Scholes 报告强调代币化股票增长,并指出 Bitget 是市场核心推动力
Globenewswire· 2026-01-07 16:24
Core Insights - The report by Block Scholes highlights the rapid growth of tokenized stocks and the evolving role of exchanges like Bitget in bridging traditional and on-chain markets [2][3] Group 1: Tokenized Assets Growth - Tokenized stocks are becoming a gateway to global markets, with significant popularity since Q3 2025, driven by improved liquidity and narrowing bid-ask spreads [2][3] - The transition from stablecoin-dominated assets to tokenized stocks and ETFs marks a new phase in the market, reflecting a broader demand for 24/7 trading opportunities [2][5] Group 2: Market Dynamics - During regular trading hours, tokenized stocks closely follow their underlying assets, with narrow intraday price spreads, while price deviations increase during off-hours [3][5] - The Bitget exchange model integrates crypto assets, stablecoins, and tokenized traditional financial instruments into a unified trading environment, enhancing user experience [3][4] Group 3: User Behavior and Market Participation - The majority of tokenized stock traders already hold crypto assets, indicating that current demand primarily comes from existing market participants rather than new audiences [4] - The report suggests that the market is still in its early stages, with tokenized assets tightly linked to their traditional counterparts during trading hours, setting the stage for continued growth in 2026 [5] Group 4: Bitget's Role and Future Outlook - Bitget aims to provide a seamless trading experience for real-world assets akin to crypto assets, emphasizing low entry barriers and ample market liquidity [4][5] - The potential for scaling tokenized assets is increasing as the market expands from stablecoins to stocks, bonds, and index products, with Bitget's unified platform playing a crucial role in this evolution [5]
This Year’s IPO Billionaires See Wealth Eroded by Market Moves
Yahoo Finance· 2025-12-29 13:30
分组1 - Newsmax experienced a dramatic share price increase of over 2,200% in its first two days of trading, valuing Chris Ruddy's stake at more than $9.1 billion, but shares subsequently fell nearly 80%, reducing his net worth to about $339 million [1] - Venture Global Inc. had a challenging IPO debut, lowering its share price range by over 40% and seeing shares plunge more than 60% shortly after, leading to co-founders Mike Sabel and Bob Pender each having a net worth of $23.7 billion initially [2] - The Bloomberg Billionaires Index indicates that insiders whose stakes surged to at least $1 billion on the first trading day have seen an average decline of 23% in value over the following weeks or months [3] 分组2 - The return of IPO activity this year resulted in 21 new billionaires, but many companies faced significant declines in share prices after their initial public offerings [4] - Figma's shares fell 55% since its opening IPO price, with a 68% drop from its peak shortly after trading began, reflecting investor disappointment in its revenue outlook [5][7] - Bullish's shares, despite an oversubscribed IPO raising $1.1 billion, have fallen approximately 45% from their peak, indicating volatility in the cryptocurrency market [8][9] - Circle Internet Group's shares more than doubled on its first trading day, but the initial excitement waned, although regulatory developments have helped maintain a price above the offering [10] - Klarna's shares rose 15% on its debut but have since weakened due to increased provisions amid inflation concerns, impacting co-founders' net worth [14] - Webull's shares surged nearly 375% on its first trading day but quickly fell back to the offering price, reflecting the volatility in the retail brokerage sector [21] - CoreWeave's shares increased by 96% since its opening IPO price, becoming a significant player in the AI space, although they have since declined from record highs [22][23]
Canaccord Cuts Bullish (BLSH) PT, Keeps Buy Rating
Yahoo Finance· 2025-12-16 15:35
Core Viewpoint - Bullish (NYSE:BLSH) is identified as a promising tech stock, with recent performance indicating strong growth potential despite a lowered price target by Canaccord from $68 to $50, maintaining a Buy rating on the shares [1]. Financial Performance - In Q3 2025, Bullish reported total adjusted revenue of $76.5 million, a 71.5% increase year-over-year, exceeding expectations by $5.36 million [2]. - Adjusted EBITDA rose significantly to $28.6 million from $7.7 million in Q3 2024, leading to an adjusted net income of $13.8 million, a recovery from an adjusted net loss of $3.1 million in the prior year [2]. - GAAP EPS improved to $0.10 per diluted share, up from a loss of $0.59 per diluted share in Q3 2024, although it fell short of analyst estimates by $1.49 [3]. Market Activity - The company's digital asset sales for the quarter totaled $41.6 billion, a decrease from $54.2 billion in the same quarter of the previous year [3]. - Bullish anticipates subscription and services revenue for Q4 to be between $47.0 million and $53.0 million [3]. Company Overview - Bullish operates as a market infrastructure and information services provider in the US, with its Bullish Exchange offering a digital assets spot and derivatives exchange that features a central limit order book matching engine and automated market making for enhanced liquidity [4].
Philippines Could Unlock $60B Through Asset Tokenization by 2030: Report
Yahoo Finance· 2025-11-28 09:18
Core Insights - The Philippines has the potential to develop a $60 billion tokenized-asset market by 2030, driven by the country's strong engagement with digital wallets and cryptocurrencies [1][6] - There is a significant disparity in investment participation, with 14% of Filipinos owning cryptocurrencies compared to fewer than 5% owning traditional financial instruments like stocks and bonds [2][6] Group 1: Market Potential - The report highlights that equities are expected to dominate the tokenized market, projected to reach $26 billion, followed by $24 billion in government bonds, $6 billion in mutual funds, and $4 billion in other assets [3] - The existing infrastructure for blockchain wallets positions the Philippines uniquely to facilitate the delivery of tokenized assets to a large population [3] Group 2: Accessibility and Financial Inclusion - Tokenized government bonds are now accessible through platforms like PDAX and GCash, with minimum investments reduced to P500, making it easier for smaller savers to participate [4][6] - The partnership between the Bureau of the Treasury, PDAX, and GCash exemplifies the growing momentum towards democratizing access to financial instruments [4][5] - Major consumer apps are already functioning as distribution channels for digital assets, allowing users to hold these assets without the need for extensive infrastructure redevelopment [5]
Philippine Digital Asset Exchange Eyes $60B Tokenization Opportunity With Project Bayani
Yahoo Finance· 2025-11-27 08:53
Core Insights - The Philippines has a $60 billion opportunity to transform its capital markets through asset tokenization, as outlined in the white paper for Project Bayani [1] - The tokenized asset market is projected to reach $60 billion by 2030, with public equities leading at $26 billion, followed by government bonds at $24 billion, and mutual funds at $6 billion [2] - The initiative aims to empower millions of Filipinos, many of whom are unbanked, by enabling them to own investment products in tokenized form [3] Market Infrastructure - The Philippines has a unique advantage with mainstream adoption of blockchain wallets, which facilitates the delivery of tokenized assets [4] - Current crypto ownership stands at 14%, significantly higher than stocks at 2.4%, bonds at less than 1%, and mutual funds [4] - Major wallets like GCash, PDAX, Maya, and Coins.ph provide embedded blockchain features for easy access to cryptocurrencies and tokenized investments [4] Accessibility and Adoption - Tokenized bonds via PDAX and GCash have reduced barriers to entry, allowing access from just 500 pesos ($8.50), thus democratizing the government bond market [5] - Nearly half of all government bond account holders now own them in tokenized form, indicating strong potential for mass adoption [5] - The partnership between the Bureau of the Treasury, PDAX, and GCash is successfully distributing tokenized government bonds nationwide, attracting retail investors [6]
Datavault AI's Swiss Exchange Is Reshaping Its Future
MarketBeat· 2025-10-24 12:14
Core Viewpoint - Datavault AI has experienced a significant stock price increase of over 500% in the last 30 days, attracting attention from growth-focused investors [1][2] Group 1: Strategic Developments - The company announced a strategic partnership to launch a digital asset exchange in Switzerland, targeting the Real-World Assets (RWAs) market, projected to exceed $16 trillion by 2030 [3][4] - By collaborating with Swiss corporate advisory firm Max International AG, Datavault AI aims to leverage Switzerland's advanced legal framework for digital assets and Distributed Ledger Technology (DLT), addressing regulatory uncertainties [5] Group 2: Technology and Acquisitions - Datavault AI signed a Letter of Intent to acquire NYIAX, which owns a blockchain-powered trading platform, enhancing its technological capabilities [7][8] - This acquisition allows Datavault AI to bypass the lengthy process of building an exchange from scratch, providing a robust technology engine that meets institutional client demands [8][9] Group 3: Financial Projections - The company has set aggressive revenue guidance for the second half of 2025, projecting between $12 million and $15 million, indicating a significant growth from the $1.74 million reported in the second quarter [10][11] - The current market capitalization of Datavault AI is approximately $473 million, with analysts projecting a price target of $7.00, suggesting substantial upside potential if the company executes its strategic plan [14][15] Group 4: Market Sentiment - The stock's price-to-sales ratio exceeds 177, reflecting high market expectations based on future revenue potential rather than past performance [16] - A notable high short interest in the stock indicates skepticism but also presents a potential bullish catalyst, as successful execution could lead to a short squeeze, driving the stock price higher [17][18]
Mercer Park acquires Cube Group in $300M deal
Yahoo Finance· 2025-10-22 19:04
Core Viewpoint - Mercer Park Opportunities Corp. is acquiring Cube Group, Inc. for $300 million, aiming to create a digital finance firm that integrates traditional finance and decentralized finance, supported by a $500 million Solana token acquisition [1][2]. Group 1: Acquisition Details - The merger will result in Cube Group, Inc. operating as the combined entity, with plans for a dual listing on Nasdaq, pending regulatory approvals [2]. - The transaction is expected to close in the first quarter of 2026, following the signing on October 21 [2]. - Mercer Park will issue shares to Cube's equity holders, making Cube a wholly owned subsidiary [3]. Group 2: Financial Structure and Yield - The structure qualifies as a TSX transaction, with the Solana treasury projected to deliver annual staking yields between 7% and 9%, enhancing liquidity and profitability through active treasury management [3]. - Holders of Mercer Park's Class A restricted voting shares can redeem their shares for approximately $10.32 at closing [4]. Group 3: Company Background and Technology - Cube was founded by Bartosz Lipiński, a Solana core developer and former Citadel executive, and CTO Larry Wu, focusing on a hybrid digital asset exchange [4]. - The platform features a non-custodial multi-party computation vault system and an ultra-fast matching engine that is reportedly 40 times faster than many competitors [5]. - Cube aims to eliminate custodial risk, opacity, and high transaction costs, striving for an "indifference point" where digital and traditional assets are interchangeable in usability and trust [6].