News list for " Revenue"
According to official sources, Lido's budget proposal for 2026 is expected to invest $60 million to transform from a single product to a diversified product portfolio, targeting institutional clients and expanding the stablecoin revenue business. The proposal states that stablecoins and other asset class related products will be developed to create new revenue streams and ensure the long-term resilience of the agreement. According to Dune Analytics, Lido currently has a 28% market share in the E...
Metaplanet has raised $100 million by pledging its bitcoin assets, which will be used primarily to buy more bitcoins, expand its revenue business and buy back shares, and partly for its earnings business, which will create and sell cash-backed bitcoin options to earn a steady income while holding bitcoins. As of October 31, the company held 30,823 bitcoins (about $3.517 billion), and the amount borrowed this time accounted for about 3% of that holding.
Former Marshall Wace trader Scott Arnold has filed a claim against a London-based hedge fund for a share of the proceeds from his investment in stablecoin issuer Circle Internet Group Inc. Arnold says he was the one who brokered the deal. Marshall Wace has invested in Circle since 2021, putting in about $200 million and owning more than 8.50 million shares, or about 4 percent, before the company goes public on the New York Stock Exchange on June 5, making it one of the fund's most profitable ven...
NVIDIA (NVDA. O) announced on Thursday that it would invest $5 billion in Intel (INTC. O) to support the struggling U.S. chip foundry, but did not award Intel a key chip manufacturing order. The agreement also includes plans for Intel and NVIDIA to jointly develop chips for personal computers and data centers, which could pose a latent risk to TSMC (TSM. N). At present, TSMC is responsible for the production of NVIDIA's flagship processors; as the world's most valuable...
Stock news: 1. SoftBank Group invested $2 billion in Intel (INTC. O). 2. According to people familiar with the matter: Arm Holdings (ARM. O) has hired Rami Sinno, director of artificial intelligence chips at Amazon (AMZN. O), to participate in its independent complete chip development plan. 3. Tesla (TSLA. O) officially opened the new Model YL model in the Chinese market, starting at 339,000 yuan. 4. NVIDIA (NVDA. O) 's new generation of Blackwell architecture GPUs will be officially connected t...
Coinbase Quarter 1 revenue fell 12% quarter-on-quarter to $2.03 billion, trading revenue fell nearly 19%, and several analysts cut their second-quarter and full-year revenue forecasts. JPMorgan noted a "30% quarter-on-quarter decline in institutional volume" and a 3.1 basis point decline in institutional expense ratios from 4.1 basis points. However, Coinbase's acquisition of Deribit, the world's leading crypto derivatives exchange, for $2.90 billion was seen as a "bold bet in the derivatives sp...
According to the proposal, Aave Labs proposed to Uniswap DAO to launch an Uniswap V4 LP position manager module that would allow users to lend GHO stablecoins against V4 liquidity positions, with plans to expand to other assets in the future. The module will be integrated into Aave V4 and linked to the GHO stability mechanism, and Uniswap DAO will receive 50% of the interest on GHO loans as income. The proposal also includes a request for $3.30 million UNI funding for development, audit and prom...
Meta Platforms (META. O) said Quarter 1 sales hit $42 billion and said it would see steady growth in the coming months, dispelling concerns that Trump's tariffs would hurt its global digital advertising business. The social media giant said its Quarter 1 revenue rose 16 percent, beating analysts' estimates. Meta had expected the company's revenue for the current quarter to rise 8 percent to 16 percent year-over-year, sending its shares up more than 6 percent in after-hours trading. In addition, ...
