Crypto organization Ripple buys Swiss startup as SEC crackdown forces businesses to consider abroad moves

Crypto organization Ripple buys Swiss startup as SEC crackdown forces businesses to consider abroad moves


Crucial Points
  • Blockchain firm Ripple has acquired Metaco, a Swiss crypto custody expert services agency, the enterprise announced Wednesday.
  • The offer is anticipated to bolster Ripple’s item suite and give it obtain to an eye-catching roster of clients that involves Citi and BNP Paribas.
  • It will also help the organization improve its existence overseas at a time when it is battling a lawsuit from the Securities and Exchange Fee.



Source

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more

Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]

Read More
Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more

Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders […]

Read More
Warren Buffett’s exit leaves open question: Who runs Berkshire’s 0 billion equity portfolio?
Finance

Warren Buffett’s exit leaves open question: Who runs Berkshire’s $300 billion equity portfolio?

As Berkshire Hathaway marks Warren Buffett ‘s official retirement Wednesday, attention is shifting to a less settled part of the succession plan: the fate of its $300 billion equity portfolio. For decades, Berkshire’s stock holdings have reflected Buffett’s long-term investing judgment and his willingness to deploy capital aggressively during market turmoil. With no obvious successor […]

Read More