THOR Financial Technologies Launches Managed Risk Dynamic ETF

THOR Financial Technologies the launch of the THOR Managed Risk Dynamic ETF (Ticker: THMR), an actively managed exchange-traded fund designed to adapt to changing market conditions while prioritizing risk management. THMR is built on a risk-first investment philosophy, emphasizing the management of downside risk as the foundation for long-term capital appreciation rather than attempting to forecast market returns. THMR’s approach seeks to limit the severity and duration of drawdowns, with the objective of improving long-term...

Mantle Brings Tokenized Equities to On-Chain Liquidity with xStocks and Bybit

Mantle, the high-performance distribution layer for real-world assets (RWAs), connecting traditional finance and on-chain liquidity, and Bybit, the world’s leading global cryptocurrency exchange, today announced the live integration of xStocks on Mantle. In collaboration with BackedFi, xStocks, and Flowdesk, Mantle becomes one of the first Ethereum Layer 2 networks to bring tokenized equities to on-chain liquidity, enabling users to trade the world’s top tokenized equities around the clock, globally, on-chain via Fluxion, Mantle’s native decentralised exchange. The integration marks a...

Apax Digital Funds invest $60 mn in MillTech to fuel North American expansion

Investment to accelerate expansion in North America and enhance product offering Values MillTech at $325m MillTech reports c.$500bn annual trading volume, $35bn in client programmes and 70%+ revenue growth MillTech, a leading risk management platform which provides next-gen FX hedging and cash investments for fund managers and corporates, today announced a $60 million minority investment from the Apax Digital Funds, the growth equity arm of Apax Partners LLP (“Apax”), valuing MillTech at $325 million. MillTech’s...

Desert Financial Selects Lenders Cooperative to Power Commercial, SBA Lending

Lenders Cooperative, a leading provider of loan origination and servicing technology for U.S. financial institutions, announced today that Desert Financial Credit Union has implemented its platform to power the expansion of its commercial and SBA lending programs. Based in Arizona and serving over five hundred thousand members nationwide, the $9 billion lender is in production on Lenders Cooperative’s end-to-end business lending platform. The move enables Desert Financial to fully automate origination workflows, accelerate time to...

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