UK names 6 banks to lead first digitally native government bond
The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt, with issuance expected by the first quarter of 2027.…
Trump waives rules on red-dyed diesel, but local tax and other concerns remain
Highway drivers will be allowed to use a reddyed farm fuel that’s taxexempt through the end of 2026. Source:MarketWatch
How Meta’s stock can surge to $1,000, according to the biggest bull on Wall Street
A Wells Fargo analyst warns of a nearterm profit hit from AI infrastructure spending and legal costs — but thinks that will set up massive gains by 2028.…
Bill aims at stopping US lawmaker bets on their own elections ahead of midterms
The No Betting on Your Own Race Act will not be addressed before the 2026 US midterms as Congress is on recess until after the election. Source:Cointelegraph
Affluent investors seen boosting crypto exposure: Survey
Most affluent investors across seven countries own and are increasing their crypto holdings despite financial advisers who remain overly cautious about digital…
ECB policymaker warns of fragmentation without digital euro
A ECB executive board member said the potential introduction of a digital euro ”would not to take over the role of banks,” but ensure they have a role in the…
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an…
Prediction markets are coming for pop culture
What to know before buying event contracts around your favorite reality shows and entertainers. Source:MarketWatch
OKX exchange raises fresh capital at $25B valuation
OKX raised an undisclosed amount at a $25 billion valuation as an extension to March’s investment round led by the parent company of the New York Stock…
Polymarket overhauls smart contracts with new Protocol V2 rollout
Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current…
Google makes a fresh bet on nuclear power as the AI energy crunch intensifies
Constellation’s stock is rising sharply following a deal that equates to as much power as would be supplied by a new nuclear reactor. Source:MarketWatch
Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.
The coportfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs…