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Finance explained: tokenised funds and deposits, tech earnings, AI infrastructure financing and big deals, with what happened and why it matters.
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Jeonbuk Bank Becomes South Korea’s First Bank to Lend Won Against Bitcoin, Reports Say. It Never Holds the Coins
Jeonbuk Bank has reportedly become South Korea's first bank to lend won against Bitcoin, for company working capital only. A custodian holds the coins.
FSB’s Bailey Warns G20 of AI Market Correction and Stablecoin Gaps
FSB Chair Andrew Bailey tells the G20 that AI valuations and AI cyber threats are risks, and stablecoin cross-border oversight is immature.
Korea Customs: Chip Exports for 1 to 10 October Hit a Record $12.2 Billion, Up 170.9% (Preliminary)
Korea Customs preliminary data: chip exports for 1 to 10 October reached $12.198bn, up 170.9%, helped by two extra working days this year.
IMF’s Georgieva Says AI Investment Is Keeping Global Growth at Around 3 Per Cent, With Asian Suppliers Gaining
IMF chief Kristalina Georgieva says AI investment is keeping world growth around 3 per cent, with Asian hardware suppliers gaining. Reuters reports.
Waymo Closes Its $5 Billion Term Loan, Its First Debt Financing: What We Know
Waymo says it closed a $5B term loan, its first debt financing. Bloomberg's 5.25-point pricing is still only reported. What is confirmed and what is not.
Volta Launches a $5.012bn Six-Year Loan, PitchBook Reports; It Is Launch-Stage Pricing, Not a Closed Deal
PitchBook reports Volta has launched a $5.012bn loan: a $1.3bn term loan C and a $3.712bn GPU term loan, price talk S+625-650. Launch-stage terms, not a closed deal.
OpenAI at $852 Billion: The IPO That Could Change Everything
OpenAI just closed a $122 billion funding round at a post-money valuation of $852 billion. In February 2026, it hit a $25 billion annualized revenue run rate....
AI Is Eating Private Equity’s Lunch: The Trillion-Dollar Reckoning
AI Is Eating Private Equity's Lunch: The Trillion-Dollar ReckoningPrivate equity firms are facing an existential crisis they never saw coming. The software companies they loaded up on...
Ostium Labs: The Next Hyperliquid? Inside the Perpetual DEX Bringing Wall Street to Crypto Rails
Ostium Labs: The Next Hyperliquid? Inside the Perpetual DEX Bringing Wall Street to Crypto Rails
Hook: The "Next Hyperliquid" Narrative and Why It Matters
In the wake of Hyperliquid's...
Malaysia Kenanga Bank Just Bet Big on Tokenized Assets: What the KDX Move Means for RWAs
Kenanga Bank Bets 81.7% on Tokenized Assets
Malaysia's 141-year-old investment bank just made KDX its digital asset subsidiary. Here's why traditional finance is going all-in...
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