Blockchain lender Figure publicly files for IPO after strong revenue growth

Key Takeaways Figure Technology Solutions filed for an IPO, reporting significant revenue growth and profitability in the first half of 2024. The company provides blockchain-based credit products and plans to list on Nasdaq under the ticker FIGR. Share this article Figure Technology Solutions, a New York-based fintech that uses blockchain to modernize lending and capital…

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SoftBank makes $2B investment in Intel

Japanese conglomerate SoftBank has agreed to make a $2 billion investment in Intel in a deal described as a commitment to advanced technology and semiconductors in the United States. The agreement, in which SoftBank will buy Intel common stock, was announced Monday after markets closed. SoftBank will pay $23 per share of Intel common stock….

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Thailand Launches Digital Asset Payments Pilot to Stimulate Travel and Economy

Thailand is rolling out a landmark crypto-to-baht conversion system for tourists, fusing digital asset regulation with e-money infrastructure to energize spending and boost tourism. Thailand Introduces Controlled Crypto Conversion for Boosting Travel Economy The Securities and Exchange Commission (SEC) of Thailand, in collaboration with the Ministry of Finance, the Anti-Money Laundering Office (AMLO), and the…

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