Category: Business

Fortune was the first to report the raise, announced June 23, 2026. Amplify Partners led the round, with Kleiner Perkins and Theory Ventures participating. Amplify partner David Beyer is joining Allium’s board. From Three People to 30 Petabytes Ethan Chan, co-founder and CEO, took to X to share details of the milestone. “Today, we manage

The tokenization of Space Exploration Technologies Corp. (NASDAQ: SPCX), popularly known as SpaceX, stock has surged above $80 million in market capitalization as of Jun 23, 2026. The tokenized SpaceX stock products had a market cap of approximately $80.82 million at press time, up around 3.54% over the past 24 hours, according to data from

Money seems to be rotating out of Bitcoin ETFs towards $XRP ETFs. While spot $BTC ETFs saw nearly $7 billion in outflows since early May, $XRP funds are closing in on the $1 billion AUM milestone.

When the Nasdaq Composite posts its worst single-session drop since April 2025, falling over 4% in one day, the question investors are really asking isn’t just about stocks. It’s about whether the AI spending impact on markets has fundamentally changed the risk calculus for everything from large-cap tech to Bitcoin. Key takeaways The Nasdaq fell

The European Central Bank (ECB) scored a major victory after the European Parliament’s influential Economic and Monetary Affairs (ECON) committee voted to approve the legal framework for a digital euro on Tuesday. The committee also directly mandated the immediate start of final “trilogue” negotiations between European Union (EU) member states and the Parliament to hammer

Cathie Wood’s Ark Invest has added nearly $32.5 million worth of SpaceX shares to four of its exchange-traded funds after the stock fell more than 16% from its recent highs. Ark Invest’s daily trading disclosure for Monday showed the firm purchased 210,121 shares of SpaceX ticker SPCX across its ARK Innovation ETF (ARKK), ARK Autonomous

Federal Reserve Chair Kevin Warsh will make his first monetary policy presentation to Congress on July 14. The testimony comes amid rising investor hopes for Fed interest rate hikes and as they await fresh inflation data. Also, it will mark a crucial event before the July 28-29 FOMC meeting.

Global Institutions Publish Tokenized Asset Compliance Blueprint A group of central banks, international institutions, and financial firms contributed to a Global Layer One (GL1) white paper on programmable compliance for tokenized financial assets. The paper examines how compliance controls can be embedded into regulated digital-asset transactions. Contributors to the paper include Banque de France; the