Gemini Hires Goldmans, Citi, Morgan Stanley and Cantor as Lead Bookrunners For its IPO
The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.
Finance
XRP Ledger Used by Nasdaq-Listed Pharma Distributor to Power Payment System for Pharmacies
The distributor is rolling out an XRPL-powered system for 6,500 pharmacies to speed up payments, cut costs, and expand blockchain use in healthcare finance.
Ethereum Wallet MetaMask Will Likely Unveil Its Own Stablecoin this Week
The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a prematurely posted governance proposal that was quickly deleted last week.
‘The economy is on the precipice of recession’, warns Moody’s senior economist
Mark Zandi, chief economist at Moody’s Analytics, is accelerating his warnings of an incoming recession, highlighting several troubling indicators that … Continue reading
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Nexo names Lorenzo Pellegrino as Chief Banking Officer
Digital assets platform Nexo has appointed Lorenzo Pellegrino as Chief Banking Officer (CBO), as disclosed to Finbold on July 31. … Continue reading
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U.S. economy enters hot territory; Is recession next?
The U.S. economy has now logged 63 consecutive months of expansion, marking the seventh-longest economic expansion since 1854, according to … Continue reading
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Top economist identifies last ‘remaining firewall’ before recession
The American economy may be on the brink of a recession, with the labor market now viewed as the final … Continue reading
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Notorious recession indicator enters the ‘danger zone’
The United States labor market is signaling a concerning period ahead, with key metrics pointing to a worrying loss of … Continue reading
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These 2 Cathie Wood ETFs are on fire, and it’s time to buy
For investors seeking low-cost exposure and passive income, exchange-traded funds (ETFs) offer an excellent way to get started. While the … Continue reading
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The ghost of 2008 returns as S&P 500 tracks an ominous 2025 parallel
While the S&P 500 has surged in recent sessions, the index is now flashing a pattern reminiscent of 2008, just … Continue reading
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