Headlines

Guidewire buys Hyperexponential for $1.7B in cash

Insurance tech company Guidewire announced Tuesday the acquisition of the agentic underwriting insurance company Hyperexponential for $1.7 billion in cash.  The deal, expected to close sometime next year, is to help bring AI agents to work alongside humans to underwrite, analyze, and price decisions. The deal is worth around $2 billion in total, with $400…

Read More

Avalanche tokenized Treasuries gain yield-bearing collateral use

Lynq and ZeroBeta have connected institutional borrowing and trading margin to tokenized U.S. Treasuries on Avalanche, allowing eligible pledged holdings to keep earning interest. Summary Institutions can use eligible Treasury holdings for secured borrowing and digital asset trading margin. BlueShift monitors collateral requirements and instructs Lynq to pledge, top up or release assets. Lynq reports…

Read More

Intel, Oracle, IBM and IonQ Join Growing Opposition to OKXICE Tokenized Stock Plan

Key Takeaways Intel, Oracle, IBM, and IonQ are the latest companies to object to OKXICE’s tokenized stock plan, bringing the total number of corporate objections to 26. Major companies including Microsoft, Alphabet, Goldman Sachs, Wells Fargo, McDonald’s, and Qualcomm have also objected to the proposal, which would enable 24/7 blockchain-based stock trading. OKXICE co-chair Andrew…

Read More