Finance - Page 8

Huntington Bank launched The 1866 Studio, an AI small-business OS built with Google Cloud’s Gemini. Early access from 19 Oct; no pricing or user numbers.

Kapital agrees to buy YC-backed Woz for $30m cash and stock to deepen its AI banking stack. Closing not stated; patented token-reduction is Woz’s claim.

Strategy bought 267 BTC for $22.1m (avg $82,900), taking holdings to 848,517 BTC, and raised its preferred buyback authorisation to $3.0bn.

Emirates NBD and OpenAI say the bank will deploy GPT models on UAE in-country inference — a first-in-MENA claim. No value, model names or go-live date.

Gibraltar grants Revolut Global Digital Assets a Part 7 DLT permission and says Revolut has fully resumed onboarding residents. Not a MiCA licence.

Kinexys tells The Block JPM Coin (JPMD) is on Ethereum for institutions. Permissioned deposit token, not a public stablecoin; product page still says Base.

About $51.6m of chip-stock perpetual futures were force-closed in 10 minutes on Saturday with US markets shut, CoinDesk reports, citing CoinGlass.

DTCC’s one-pager: 25 securities and ~$30T available to tokenize at launch on Canton and Besu. Roadmap indicative; subject to SEC no-action; not yet live.

Intuit signed an agreement to acquire Sequence, an AI-native revenue platform. Terms undisclosed; ~$200m reported by The Times via Tech.eu. Not closed.

FIS says its AML Investigations Agent, built with Anthropic on Claude, is commercially available to any US bank. Time savings are Amalgamated projections.