Trump-Linked SPAC’s Stock Up 60% in Last 5 Days as Iowa Win Boosts Confidence

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Shares of the special purpose acquisition company (SPAC) Digital World Acquisition Corp. (NASDAQ: DWAC), attempting to take Donald Trump’s media company public, have surged over 60% over the past five trading sessions. The rally […]

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Macy’s Rejects $5.8B Buyout Offer Likely Targeting its Real Estate Assets

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Shares of Macy’s (NYSE: M) climbed 2% in premarket trading Monday after the department store giant rebuffed the $5.8 billion acquisition offer from Arkhouse Management and Brigade Capital. The proposal, announced last month, “lacks […]

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Coinbase-backed Ondo Finance opens Asia Pacific office, ONDO token up 73%

Ondo Finance, backed by Coinbase, expands into Asia Pacific, capitalizing on 73% weekly ONDO token surge. Company opens its first APAC office and appoints Ashwin Khosa as VP for Business Development in the region. The strategic move aligns with Ondo’s dominant position in tokenized securities, targeting APAC’s digital asset fervour. Ondo Finance, a prominent US-based […]

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Tradeweb Finalizes Acquisition of r8fin Boosting Algorithmic Trading

Tradeweb Markets Inc. has concluded its acquisition of r8fin, a specialized technology provider focused on algorithmic-based execution for US Treasuries and interest rate futures. The acquisition, initially announced in November 2023, marks a strategic move by Tradeweb to enhance its electronic trading platform for US Treasuries and expand its capabilities in algorithmic-based execution. Integration of […]

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Open Banking Gains Momentum: Will Big Tech Companies Seize the Opportunity?

Open banking is poised to reshape the industry. Across various global markets, the convergence of standards, robust infrastructure, widespread adoption, and a global reach is propelling open banking to a tipping point. Notably, the United States seems to be on the verge of embracing rules mandating open application programming interfaces (APIs) for banks, coupled with […]

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