Robinhood CEO Vladimir Tenev has sold every share of his Class A stock to zero — the sixth time this year. However, he doesn’t receive regular awards of new Class A stock as executive compensation. How’s this possible? A post from October 8, which earned over 200,000 views, framed his latest sell-out as a founder
The newly listed shares of $XRP-focused treasury company Evernorth Holdings (XRPN) jumped as much as 5% on their Monday Nasdaq stock exchange debut, according to Yahoo Finance data. Earlier on Monday, the company named former Coinbase Asset Management Co-Chief Investment Officer Hugo Jeandesboz as its new chief investment officer. He will lead treasury strategy, including
Evernorth Holdings, Ripple-backed $XRP treasury, has appointed Hugo Jeandesboz as Chief Investment Officer. The announcement came Monday as the firm positions to debut on Nasdaq under the XRPN stock ticker. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the App Store and Google
Palantir (PLTR) head of U.K. and Europe Louis Mosley warned that the region is making the same mistake with artificial intelligence (AI) that it made with the internet. Where the U.S. “got the internet right,” built a score of businesses and became the backbone of the digital economy, Europe “missed the boat,” Mosley told CoinDesk
Natural disasters caused $220 billion in economic losses last year. Insurance covered only $107 billion of that bill, according to Swiss Re, leaving households, businesses and governments to absorb the rest. Capital has continued to flow into catastrophe bonds. Catastrophe bonds, or cat bonds, let insurers pass the financial risk of a hurricane, wildfire or
The next test for tokenization may not be whether assets can be issued on a blockchain, but whether they can be relied on when markets turn volatile. Tokenized assets need reliable settlement, enforceable ownership rights and practical collateral use before institutions can adopt them at scale, according to Edwin Mata, CEO and co-founder of Brickken.
The Financial Stability Board (FSB) warned that stablecoins could expose gaps in cross-border financial rules during a market crisis and remain untested in such a scenario, and called for more cross-border information sharing, monitoring and planning for stablecoin distress or failure. The G20’s financial watchdog said in a report that global stablecoins, crypto tokens whose
Pando Finance Limited has announced plans to list its spot Solana exchange traded fund on the Hong Kong Stock Exchange on October 13, becoming the city’s second investment product offering direct exposure to $SOL. According to the fund’s subscription details, the Pando Solana ETF (02831) is accepting applications from October 6 through October 12, with
An enigmatic Bitcoin whale has just taken a huge $36 million bet on Ethereum by dumping hundreds of $BTC to gobble up thousands of $ETH as Ethereum, the second-largest crypto, attempts to rebound amid rising derivatives market activity. Blockchain data tracker Lookonchain revealed that an anonymous investor dumped 410.14 $BTC (worth around $34.16 million) on