Tag: finance | BizAndTech Newswire

finance

Chime Gets a Ringing Endorsement on Wall Street as IPO Valuation Hits $11.6B
The pricing of an initial public offering (IPO), a ritual that comes the night before the first day of trading, gauges the enthusiasm of the market for the new kid on the Street. [contact-form-7] ...

Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys
Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the ...

Farsight Raises $16 Million for Financial Automation Platform
Farsight, an automation platform for financial institutions, raised $16 million in a Series A funding round. [contact-form-7] The capital will help Farsight develop its product, scale its te...

Project Agora Bank Consortium Counters Stablecoins With Programmable Fiat
In the digital age, banks and other traditional financial incumbents face the core challenge of building or being built upon. [contact-form-7] This challenge is coming to a head in the stabl...

Google Expands Voluntary Exit Program to ‘Support Our Important Work Ahead’
Google has extended its voluntary exit program with severance to U.S.-based employees in more of its teams. [contact-form-7] The program was made available Tuesday (June 10) to the company�...

Centralized Entities Now Hold Over 30% of Bitcoin’s Supply: Gemini
BlackRock tops the list as institutions reshape Bitcoin’s role in global finance amid rising adoption....

World Chain and Circle join forces to strengthen identity-driven finance with native USDC
World Chain has integrated native USD Coin (USDC) and Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2), marking a significant partnership between the biometric identity blockchain and one of the ...

SEC Chair Paul Atkins Voices Support for Self-Custody of Crypto Assets As ‘Foundational American Value’
The new chair of the U.S. Securities and Exchange Commission (SEC) supports crypto self-custody. Paul Atkins, who was sworn in as SEC Chair in April, spoke at the Commission’s Crypto Task Force Rou...

Databricks Projects $1 Billion in Revenue From Data Warehouse Business
Databricks reportedly projects that its data warehousing business will almost double in size this year. [contact-form-7] The company is also introducing a new database product that it hopes ...

Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition
Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. Th...

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September