The British bank Standard Chartered forecasts a massive surge in the tokenised real‑world asset market, reaching $4 trillion, which could drive the price of Chainlink’s LINK token up to $200 by 2030, representing a 25‑times increase from current levels.
BP’s decision to withdraw from the North Sea signals a blow to the oil and gas industry and raises concerns for Scotland’s energy transition, with renewable projects facing difficulties
eBay reported Q2 sales and profit above expectations, noting that its purchase of Depop bolsters its competitive stance against European rival Vinted.
Marex announced an investment in Digital Prime to help build Tokenet, a platform for institutional crypto asset lending, reflecting growing demand for crypto infrastructure among European financial institutions.
FTSE Russell analyst Indrani De told Bloomberg Open Interest that the surge in artificial‑intelligence investment is boosting small‑cap, banking and industrial equities, but warned that the accompanying rise in capital spending could increase sensitivity to rate hikes and market volatility.
A luxury yacht broker has filed a lawsuit against Revolut CEO Nikolay Storonsky, claiming he intentionally bypassed broker fees. The case provides a rare look into the secretive world of high‑end yacht deals and highlights potential governance issues for the fintech’s leadership.
HSBC, the largest European lender, announced that it will restart its share‑repurchase plan following a surge in quarterly earnings to $10.1 bn, largely thanks to its Hong Kong wealth‑management and insurance businesses. The move is expected to support the bank’s share price and return capital to shareholders.
Felix Capital, a London‑based venture capital firm, launched a fundraising drive for a new $600 million fund. Investors are demanding proof of returns from earlier funds, leaving the firm $150 million shy of its goal.
The crypto brokerage Caleb & Brown is entering the UK market, focusing on wealthy investors and betting on untapped demand for crypto services, while avoiding direct competition with mass‑market crypto exchanges
Ofcom chair Ian Cheshire told the Financial Times that the regulator needs additional resources to effectively enforce online safety rules and curb the influence of large technology platforms, prompting a review of Ofcom’s powers and structure.