Business — Page 161

The proposed exchange would use Active Pools and propAMM infrastructure and is aimed at tokenized real-world assets with existing market pricing.

The summit will focus on stablecoins and Ethereum’s role in their ecosystem. Optimism and Ethereum Conference will co-host the event.

Bluvo co-founders Florian Sabani and Luca Dalla Chiara have joined Mesh, whose network connects more than 300 exchanges and wallets through one integration.

The service organizes workplace material into shared Collections that employees and connected AI agents can access. Scuba is opening a limited beta to teams in waves.

The Swiss-based mining and commodities trading group is seeking to broaden its investor base and address a valuation discount to mining peers.

Regular, VIP 1 and VIP 2 users must pass a suitability assessment before using bStocks as collateral.

BEYOND THE FRAME is listed for Nov. 16 at FRAMELESS, during the Nov. 15–17 Breakpoint 2026 conference in London.

Co-founder Brannin McBee said investment-grade ratings for chip-backed loans or CoreWeave itself could open access to long-term funding from insurers.

The chip equipment maker projects 2026 net sales of €44 billion to €45 billion and a gross margin of about 56%.

Doctolib expects the funding to speed hiring and development of its own AI models. The investment amount and ownership share were not disclosed.

Third-quarter growth topped the 5% forecast as manufacturing declined and construction expanded. The Monetary Authority of Singapore held policy steady after two consecutive rounds of tightening.

Accion Opportunity Fund’s 10-year projection applies its historical lending model to Ripple’s $10 million in lending equity. The capital is part of a $15 million commitment made in 2025.

Imports increased 31% to $313.65 billion, while China recorded a $133.53 billion monthly trade surplus.

The seven-year plan includes manufacturing, research, local suppliers and future technology. Hyundai plans to establish a dedicated investment entity in India.

Third-quarter profit beat estimates, and the company raised the bottom of its 2026 sales outlook while exploring ways to expand 2028 capacity.

The Sunnyvale facility will bring chipmakers, equipment companies, university researchers and Applied Materials engineers together to advance semiconductor research in the AI era.

The Bitcoin treasury company plans to use £4 million of net proceeds for additional Bitcoin purchases before MORE begins trading in London.

The purchase lifted Strive’s holdings to 32,773 BTC after the company spent roughly $280 million at an average price of about $84,500 per bitcoin.

The unnamed multinational drone systems provider will receive the initial battery shipment in the first half of 2027 as it scales its use of Enovix cells.

The framework combines reserve management, custody, compliance, and stablecoin minting and burning tools for banks and financial services firms.

BlackRock, Progressive, AZZ, Fastenal and State Street are also scheduled to release results before U.S. markets open Oct. 14.

The investment follows a $10 billion debt-financing facility for Firmus, whose latest round lifted its valuation above $10.5 billion.

The offering includes 10 million units priced at $10 each, with underwriters holding a 45-day option for up to 1.5 million additional units.

Self-mining output increased to 98 BTC from 88 BTC, but lower cloud-mining production pulled down the monthly total.

The bank and 20 international financial institutions plan to form a company in the second half of 2026, while CEO Charlie Scharf says U.S. use cases remain unclear.

Managed hashrate reached 20.6 EH/s in August, while Bitcoin production rose to 174 BTC after a sharp second-quarter contraction.

AZZ posted $486.9 million in fiscal second-quarter revenue and lifted its full-year adjusted earnings and EBITDA forecasts.

The $290 million transaction covers senior living properties Brookdale currently leases and operates from Welltower.

Identical sales fell 0.8% in the 12 weeks ended Sept. 12 as expenses increased and gross margin narrowed.

Thirty-six percent of respondents earning above $300,000 reported living paycheck to paycheck, while retirement savings gains fell year over year.

A two-year U.S. Treasury was recorded on BNY Mellon’s private digital ledger and settled within minutes before supporting overnight financing.

The valuation scenario follows advanced acquisition talks involving GTCR and Elliott Investment Management, but no offer price or definitive agreement has been disclosed.

The July 15 event involved more than 30 firms and tested collateral, repo and settlement workflows ahead of DTC’s planned fourth-quarter 2026 launch.

The bank expects an efficiency ratio below 60% and net credit card losses of about 4%. Third-quarter net income reached $5.2 billion, with EPS of $2.85.

Third-quarter net income reached $5.951 billion, while revenue rose 2% but missed the $22.3 billion consensus estimate.

The closure will end Binance Pool and related services at 2 a.m. ET (07:00 UTC) on Nov. 10, 2026.

Second-quarter revenue rose 41.9% from a year earlier as the company posted positive GAAP earnings per share.

Fastenal is expected to release third-quarter results at 7 a.m. ET (11:00 UTC) on Oct. 14, with analysts projecting double-digit revenue growth.

The feed is available to eligible customers in the United States as part of Robinhood’s trading platform.

The proposed merger was valued at $24.6 billion, while Albertsons’ market capitalization is roughly $6 billion.