Precision components maker Aequs Ltd is planning to raise up to 144 crore through a pre-IPO placement.
Category: finance
Vedanta Ltd, India’s top aluminum producer, has announced a major expansion plan.
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Avalanche (AVAX) is testing the significant $30 support level as traders watch if the altcoin can maintain its pace and push toward higher targets. Market sentiment and technical indicators will play a key role in shaping its next move. Avalanche (AVAX), the native token of the Avalanche blockchain, currently holds a market cap of around […]
Reliance Industries Limited (RIL) has started informal discussions with banks over the possible initial public offering (IPO) of its subsidiary, Reliance Jio Infocomm Limited, according to Bloomberg.
The valuation reflects high expectations for the future of AI technology and continues OpenAIs remarkable trajectory from its start as a nonprofit research lab in 2015.
Apart from the settlement amount, Edelweiss Stressed and Troubled Assets Revival Fund Trust and Edelweiss Alternative Asset Advisors Ltd were directed by Sebi that the officers-in-default will not engage with the company for 12 months.
Rupees negative drift demands central bank firepower
The post Stablecoins to hit $1. 9T as trust surpasses fees in exchanges appeared com. Homepage > News > Finance > Stablecoins to hit $1. 9T as trust surpasses fees in exchanges A Citi (NASDAQ: C) report has predicted that the stablecoin market will achieve a $1. 9 trillion valuation by the end of the decade in its base case scenario, while leaving room for an additional growth spurt. Citi analysts disclosed that stablecoins are the ChatGPT moment for the institutional adoption of blockchain. Akin to the rise of artificial intelligence (AI) chatbots, the report tips stablecoins to record a high growth in valuation in the coming years. While Citi analysts have forecasted a $1. 9 trillion base case for the asset class, the report predicted that stablecoins can climb to $4 trillion by the end of 2030 in its bull case scenario. The global stablecoin market capitalization sits at $307 billion, rising from $200 billion at the start of 2025. Citi is pinning its prediction on the 58% growth notched by stablecoins in 2025 alone, with analysts forecasting that the trend will continue until the end of the decade. Apart from a strong 2025, Citi analysts have highlighted a streak of stablecoin project announcements in the ecosystem. Early in the year, Trump-backed World Liberty Financial (WLF) threw its hat into the stablecoin race with the launch of USD1, with a raft of U. S.-based financial institutions planning their stablecoin rollouts. Citi noted that the flurry of announcements stemmed from fresh regulatory support in the U. S., which was highlighted by the signing of the GENIUS Act by U. S. President Donald Trump. While use cases have surged from domestic and cross-border payments, Citi notes that the stablecoin boom will not completely overhaul the financial system. However, analysts refer to the innovation as continued progress toward smarter finance. We dont believe crypto will burn down the existing system, read the Citi.
WASHINGTON, United States — Billionaire Elon Musk, the world’s richest person, is nearly halfway to becoming the planet’s first trillionaire, Forbes magazine reported Wednesday. The Tesla and SpaceX CEO became the first person to achieve a net worth of $500 billion, briefly, as the shares in his electric vehicle company rebound from his clumsy stint