Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a crossborder CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times. Source：Cointelegraph
Novo Nordisk’s stock tumbles as doubts persist about Ozempic maker’s strategy
The drugmaker, best known for developing weightloss and diabetes drugs, failed to excite investors hoping for a turnaround. Source：MarketWatch
Amazon and Shopify make starkly different moves in the brewing battle over AI shopping
While Amazon is shutting out Meta’s Muse, Shopify is partnering on payment technology with the buzzy AI assistant. Source：MarketWatch
Why this investment bank expects little demand for tokenized stocks despite SEC’s new trading rules
TD Cowen expects limited demand for tokenized stocks despite new SEC rules opening a path for trading outside traditional markets. Source：CoinDesk
Ondo lets institutions convert stocks directly into tokenized shares
Ondo’s new inkind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.…
Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again
The digital assetaligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to…
Circle launches Bitcoin-backed USDC borrowing for institutional clients
Circle is bringing Bitcoinbacked borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin.…
Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks. Source：Cointelegraph
Meta’s stock is enjoying its best month in more than two years thanks to the company’s hot new AI assistant
Muse is gaining popularity and helping convince investors that Meta’s AI bets are paying off. Source：MarketWatch
Crypto's Fairshake repeats history with $30 million to oppose Sherrod Brown Senate bid
It's the biggest spending from the industry's campaign arm in 2026, much like Fairshake's $40 million against Brown two years ago was its largestever outlay.…
AMD hits a major milestone as AI stocks blaze higher
On an intraday basis, AMD became the 14th U.S. company to see its market capitalization top $1 trillion. Source：MarketWatch
This is the ‘most underappreciated’ driver for Microsoft’s business, according to one analyst
Investors understand Microsoft’s cloudcomputing opportunities, but may not be giving enough credit to the revenue potential of its software business.…