Grafa News and Videos — Page 284

Coventry Group (ASX:CYG) reported unaudited fourth-quarter sales of $98.5 million, up 6% year-on-year.

Visa has backed the OpenUSD stablecoin platform, increasing competition in the digital payments market as Circle expands its own stablecoin business.

Bass Oil (ASX:BAS) recorded net total sales revenue of $561,477 for the month of June as daily group oil production rose 3%.

Citadel Securities has invested US$400 million in Crypto.com, valuing the cryptocurrency exchange at US$20 billion.

Zip Co (ASX:ZIP) has decided to commence an orderly wind-down of its New Zealand operations following a strategic review.

ARK Invest and Sentora, which is backed by Andreessen Horowitz (a16z), have published a new investment thesis arguing that decentralised finance (DeFi) is entering a new phase of institutional adoption.

The Financial Action Task Force (FATF) has urged governments to strengthen anti-money laundering (AML) enforcement for cryptocurrencies, warning that criminals are making greater use of stablecoins.

Dimerix (ASX:DXB) secured an $10 million non-dilutive loan facility with SKIPTAN to fund its Phase 3 clinical trials.

The market value of tokenised stocks has climbed to a record US$23 billion, reflecting accelerating demand for blockchain-based versions of traditional securities.

Mayne Pharma (ASX:MYX) appointed Griffin D. Buchanan as CFO, effective Aug. 1.