Investment and Financing - Moove secured a 250 million USD investment round led by Abu Dhabi sovereign wealth fund Mubadala [1]

China’s latest initiative to rein in quantitative trading is proving something of a double-edged sword for the stock market as it has reduced volatility, but also sapped turnover https://t.co/Lej7qHOyPb ...

Franklink Templeton is going ALL-IN on Canton Network...Franklink Templeton @FTDA_US has announced it join @CantonNetwork's elite group of Super Validators - a list that already includes the likes of @Chainlink $LINk and @Visa.Its announcement stressed an emphasis on tokenisation and compliant tokenisation in particular.@CantonFdn is know for its ability to attract the world's biggest financial institutions and this latest development seems to ratify that claim. ...

LATEST: ⚡ Western Union has launched a USDPT-backed Visa card in 37 markets, with expansion to 60+ markets planned by year-end. https://t.co/W6EOpyYi00 ...

The team working on Citadel’s new Manhattan skyscraper expects to secure a $3.3 billion construction loan for the project https://t.co/3m7KIvx6sv ...

Jefferies was told it’s financing some fake invoices for iron ore trader Sapphire Minmetals, a fresh blow to its Point Bonita fund https://t.co/dB2O8TpCYE ...

LATEST: 🇺🇸 A federal judge denied the CFTC's emergency bid to halt New York's enforcement case against Kalshi, finding it hadn't shown a high likelihood of success or irreparable harm. https://t.co/GnVCOxdtth ...

S&P: over half of tracked stablecoins now hold their peg wellS&P Global Ratings (@SPGlobalRatings) says six of the 11 stablecoins in its stability assessments now score adequate or above for peg reliability, crediting stronger asset quality and better risk management among issuers. $USDC, $EURC, $USDP and $USDG all rate strong on the agency's five-point scale.The gap at the bottom is stark, with $USDT holding S&P's weakest rating of 5 alongside $TUSD and Ethena's $USDe, even as Tether remains the market's l ...

JUST IN: @WesternUnion, one of the world's oldest and largest money transfer companies, has launched Stablecard, a @rain-powered @Visa card for holding and spending dollar-backed stablecoins. https://t.co/moRgGDtPlx ...

Legal and Regulatory Risks - Kalshi faces a broad lawsuit from New York that its CEO, Tarek Mansour, compares in scope to potential legal action against Nasdaq [1]