Category: Business

The Beige Book report published by the FED gave important signals about the economic outlook across the country. The report found that prices rose modestly in most regions, while employment levels remained generally stable. Business confidence varied across regions. Ten of the Fed’s 12 districts described price increases as “moderate” or “medium,” while two districts

In a massive development, the Federal Reserve has announced its Payments Innovation Conference, which will take place next month. The conference will feature discussions on stablecoins, tokenization, and artificial intelligence (AI).

REX-Osprey has revealed a significant modification to its exchange-traded fund (ETF) based on Solana. The conversion took effect on September 1 and aims to make the fund more tax efficient for investors.

Federal Reserve Governor is doubling down on his push for a September Fed rate cut ahead of the FOMC meeting later this month. The Fed Governor also indicated that a potential September cut might be the first of many over the next three to six months.

Wall Street banking and research firm Compass Point has initiated coverage of crypto platform Bullish (BLSH), the parent company of CoinDesk, with a neutral rating and a $45 price target. Despite a belief that Bullish’s lower fee structure could help it chip away at Coinbase’s (COIN) U.S. market share in the future, the analyst Ed

The World Gold Council may develop a digital form of gold to overhaul London’s $900 billion physical market for the yellow metal, the Financial Times (FT) reported on Wednesday. Each unit of digital gold, or “pooled gold interests” (PGIs), would allow investors to buy a form of fractional ownership in gold bullion. The product will

American Bitcoin (ABTC), a newly public bitcoin mining and treasury firm backed by Donald Trump Jr. and Eric Trump, opened for trade Wednesday morning after completing its merger with Gryphon Digital Mining (GRYP). Wasting little time, the company filed for an at-the-market equity raise of up to $2.1 billion with which to continue building its

AlphaTON Capital, a Nasdaq-listed company newly rebranded from Portage Biotch (PRTG), said it will purchase about $100 million worth of toncoin TON$3.1824 to build a digital asset treasury firm offering exposure to the token. The firm will operate under the ticker “ATON” starting Sept. 4. It plans on managing TON network infrastructure and incubating applications

Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, has integrated tokenized stocks and exchange-traded funds (ETFs) into its platform. After initially disclosing the plan to introduce real-world assets (RWAs) in June, Trust Wallet has launched tokenized versions of US stocks and ETFs for use around the globe, the company said

Solowin Holdings (SWIN), a publicly-traded investment holding firm, has announced it completed a $350 million acquisition of stablecoin infrastructure provider AlloyX, integrating its talent and technology as it aims to bolster its expansion into emerging markets. The Hong Kong-based financial firm said in a press release that the deal integrates AlloyX’s infrastructure, including a stablecoin