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Dalian Holdings' Hong Kong-listed stock surges over 65%, plans to tokenize $500 million worth of assets

13 hours ago

July 10th: The stock price of Delta Technology Holdings listed in Hong Kong surged by more than 65%. Previously, the company announced its plan to tokenize assets with a total value of up to 500 million RMB. These assets include several equities in the "Delta Building" at 92 Wellington Street, Central, Hong Kong, as well as three assets managed by the group's investment funds. The above-mentioned assets will undergo on-chain mapping and compliant tokenization through the blockchain infrastructure provided by Asseto.
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The financial platform NextBridge from El Salvador has successfully closed an $8 million Series A funding round, with Fulgur Ventures leading the investment.

July 10th. The Salvadoran financial platform NextBridge declared that it has concluded an $8 million Series A funding round. This round was led by Fulgur Ventures for its subsidiary exchange platform NEXPLACE. The obtained funds will be employed to extend its compliant digital asset issuance and trading ecosystem, which is based on the Bitcoin Liquid Network. Previously, the Salvadoran financial platform NextBridge carried out its first round of USTBL token issuance via Bitfinex Securities, raising $30 million. The underlying asset of this token is the US Treasury bond. It is constructed on the Bitcoin blockchain and operates on the Liquid Network's second-layer solution.

4 minutes ago

Federal Reserve's Mester: Inflation Faces Upside Risks, Dollar Depreciation Could Fuel Inflation

On July 10th, Mester of the Federal Reserve stated that the economic situation is good and the labor market is at or near full employment. There are some upside risks to inflation. Monetary policy is moderately restrictive and the financial environment is supportive of economic growth. Recent inflation has shown some positive trends, but the future outlook is expected to rise due to tariffs. High profit margins provide some room to absorb tariffs, and the depreciation of the dollar may push inflation upward. (IG)

4 minutes ago

Ethereum Foundation Publishes Article Outlining Ecosystem's Future Development Strategy

On July 10th, the Ethereum Foundation released a blog post today entitled "The Future of EF Ecosystem Development." The Ethereum Foundation has two main visionary goals: to maximize the number of people using Ethereum (either directly or indirectly) and enable them to reap the benefits from the underlying value of Ethereum; and to maximize the resilience of Ethereum's technology and social infrastructure. The Foundation will center its efforts on four key areas. It will establish four new teams dedicated to ecosystem acceleration, covering aspects such as enterprise relationships, developer growth, application research, and founder support. The Foundation will also intensify its efforts in ecosystem expansion, continue to provide grant support, and work towards overcoming global adoption barriers.

4 minutes ago

US Stock Circle's Gain Narrows to 0.8%

On July 10th, based on market data, after the news of "Ant International Denies Access to Circle" was released, the US stock price of Circle (CRCL) narrowed its increase to 0.8%, with an intraday high of 4.43%.

4 minutes ago

Ant International Denies Access to Circle

July 10th. Recently, there was news indicating that Ant International is collaborating with Circle. Ant International has asserted that the media reports are incorrect and there is currently no such plan. (Yicai)

4 minutes ago

HYPER Surges to $0.6, Up Over 385% in 24 Hours

On July 10th, based on market data, HYPER saw a surge to $0.6 and is currently trading at $0.5679, experiencing a 24-hour gain of 385.68%.

4 minutes ago