Ant Group, a major player in the online finance world, has set its sights on Latin America. The company, which was co-founded by Jack Ma, is putting money into R2, a company that helps other businesses get loans. This isn't just any investment. It's a big step for Ant Group to grow in a new market.
Qualigen Therapeutics, a biotech company, made a surprising move. They teamed up with BitGo, a crypto firm, to manage their digital assets. This news sent their stock soaring over 60% after hours. So, why is a biotech company getting into crypto? Well, they want to diversify their investments. They
Dogecoin and Shiba Inu are making waves in the cryptocurrency world, but not in the ways you might expect. While Dogecoin is down, it's showing signs of strength that could lead to a comeback. Shiba Inu, on the other hand, is seeing a massive increase in its burn rate, which could be a good sign for
The telecom world is getting a major upgrade. For years, it has relied on old, centralized systems that are expensive and slow. These systems are also easy targets for fraud, costing companies billions. But now, there's a new player in town: Unity Nodes. This project is shaking things up by using bl
Securitize, a company specializing in tokenization, has launched a new fund on the Ethereum network. This fund, called the Securitize Tokenized AAA CLO Fund (STAC), focuses on collateralized loan obligations (CLOs). These are bundles of corporate loans divided into different risk levels. The safest
The embedded finance scene in the U. S. is buzzing with growth. By 2025, it's expected to hit $115. 66 billion, growing at a steady 6. 9% each year. From 2021 to 2025, the growth rate was even higher at 9. 9%. And it's not stopping there. From 2026 to 2030, it's projected to grow at 4. 9% annually,
Crypto companies often team up with traditional finance firms, but these partnerships rarely live up to the hype. Solana recently announced a big deal with Western Union for its USDPT stablecoin, but experts aren't convinced it will make a real difference. For years, crypto firms like Ripple and St
A group called Innovate NY, which loves digital money, has put its weight behind Andrew Cuomo for New York City's mayor. They think he's the best pick because he talks about blockchain and AI. This group has some money, about $100, 000, and they're using it to support Cuomo. They even spent $30, 000
Mastercard is making waves in the crypto world. They are close to buying Zerohash, a startup that helps with stablecoins and blockchain tech. Zerohash, based in Chicago, was founded in 2017. They help companies with crypto payments and trading. This deal is huge, around $2 billion. It shows how big
Meta's push into the metaverse is costing a fortune, but is it worth it? The company's Reality Labs division lost a staggering $4. 4 billion in the third quarter alone. That's a lot of money, but it's not all bad news. The division also brought in $470 million in sales, which is more than expected.
