Demand for trading stocks on-chain is real. Switzerland-based Backed Finance's tokenized U.S. equities product, xStocks, has seen a cumulative trading volume of over $300 million less than a month since going live on Bybit, Kraken, and Solana decentralized finance (DeFi) platforms. xStocks are 24/7 onchain tokens representing shares in publicly traded U.S. firms. Each token … Read more
Microsoft has offered to charge different prices for its Office product with and without its Teams app to stave off a possible EU antitrust investigation and fine, two people familiar with the matter said. Microsoft has been seeking to address the EU competition enforcer’s concerns since last year after Salesforce-owned workspace messaging app Slack complained … Read more
Microsoft on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as to cloud services – an expansive launch that seeks to narrow the gap with Alphabet‘s Google. Among key changes is the rollout of live search results from Bing to ChatGPT, the viral … Read more
Apple unveiled its first mixed-reality headset Vision Pro, the iPhone 15 lineup, Watch Series 9, and more last year. Now, a new leak provides a glimpse into Apple’s product roadmap for the next three years. The Cupertino-based tech giant’s upcoming product lineup is said to include the much anticipated iPhone SE 4, a foldable iPhone, … Read more
Microsoft will unbundle its chat and video app Teams from its Office product and make it easier for rival products to work with its software, the US company said on Thursday in a move aimed at staving off a possible EU antitrust fine. The proposed changes came a month after the European Commission launched an … Read more
Microsoft‘s Pavan Davuluri will lead a team focused on Windows software, devices portfolio and semiconductor chips, the company said on Monday, while announcing the departure of longtime product chief Panos Panay. The team led by Davuluri will “build silicon, systems and devices that span Windows, client and cloud for an AI world,” according to a … Read more
Arm Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the matter. In the high-level inquiry, Arm didn’t express interest in Intel’s manufacturing operations, said the person, who asked not to be identified because the discussions … Read more
BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for exposure to cryptocurrencies from both money managers and consumers. The product will likely be domiciled in Switzerland, the source added. The Wall Street giant has incorporated a Zurich-based company … Read more
As an advisor to both TradFi and crypto native firms, one trend I’m excited about is the potential of blockchain and tokenization to help asset managers serve the next generation of investors. These financial institutions pride themselves on navigating complexity and pursuing innovative strategies. They manage trillions across private equity, credit, venture, and real assets. … Read more
As an advisor to both TradFi and crypto native firms, one trend I’m excited about is the potential of blockchain and tokenization to help asset managers serve the next generation of investors. These financial institutions pride themselves on navigating complexity and pursuing innovative strategies. They manage trillions across private equity, credit, venture, and real assets. … Read more