TREE NEWS reports: Nomura is exploring a sale of its crypto unit Laser Digital, with Marex among the potential buyers, Bloomberg reported. The talks cover a business spanning crypto trading, asset management and onchain credit partnerships. No deal terms or valuation were disclosed.
TREE NEWS update: The US military is running round-the-clock operations to keep the Strait of Hormuz open to commercial shipping while strictly enforcing a tight maritime blockade on Iran, US Central Command said on November 11. CENTCOM said it is working with US government agencies to stop Iran’s Islamic Revolutionary Guard Corps from moving advanced weapons, dual-use technology and sanctioned goods, or conducting illicit financial transfers, via land routes and the Caspian Sea.
TREE NEWS reports: CRWV rose 29.7% over the past 24 hours and is now trading at 61.92 USDT.COM data. The token’s sharp move marks one of the larger 24-hour gains among tracked assets in the period.
TREE NEWS reports: Sixth Street Partners CEO Alan Waxman said the firm is largely staying on the sidelines as it sees growing signs of turbulence in the AI boom, citing unprecedented capital spending and unclear unit economics. The firm is concerned about rapid credit expansion in AI and “speculative frenzy, animal spirits or fear of missing out,” and is beginning to see signs of stress such as banks seeking to sell construction loans. Lenders have reduced financing for AI infrastructure projects as risk concerns mount.
TREE NEWS update: OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, will launch round-the-clock tokenized stock trading for eligible US users on Nov 23, operating under a temporary SEC innovation exemption. The platform is expected to list more than 70 assets, including 59 ETFs and tokenized shares of Coinbase, Circle, BitGo, Robinhood and Strategy. Tokenized stocks and ETFs reached $3.88 billion in total value as of Nov 11, up 13.4% over 30 days.
TREE NEWS update: Bank of England Monetary Policy Committee member Greene said proactive tightening of the monetary policy stance is appropriate to guard against the risk of wage growth becoming entrenched at elevated levels. Greene made the remark as a member of the UK central bank’s rate-setting committee.
TREE NEWS update: Allianz now expects full-year operating profit of roughly €16.4 billion to €18.6 billion, raising the top end of its guidance from a prior range of €16.4 billion to €18.4 billion. The insurer disclosed the updated outlook without providing further detail on the drivers behind the revised forecast.
TREE NEWS update: OKXICE debuted tokenized stocks on Nov. 23, putting a new SEC exemption to the test. The launch comes as blue-chip exchanges push back, with Nasdaq pursuing its own tokenized stock plans after warning that trading across platforms could fragment liquidity.
TREE NEWS reports: The Shanghai Futures Exchange’s crude oil futures 2612 contract rose 1.54% to 607.30 yuan per barrel in night-session trading. In precious metals, the Shanghai gold contract fell 1.3% overnight, while Shanghai silver gained 0.22%.
TREE NEWS update: Yemen’s Houthi movement said its armed forces struck King Khalid International Airport in Riyadh, Saudi Arabia, with three winged missiles. The group announced the claim without providing further details on the timing or the results of the strike. There was no immediate confirmation from Saudi authorities.
TREE NEWS reports: The Nasdaq 100 extended its gain to 3% on Monday, with CoreWeave climbing 26.7% and Nebius rising 19.3%. SanDisk, Lumentum, Arm Holdings, Micron, Seagate Technology, Marvell Technology and MPWR gained as much as 17.1%, while Amazon fell 1.5% and Microsoft dropped 2.1%. The S&P 500 rose 1.6%, the Dow gained more than 0.4%, the Nasdaq Composite added 2.3% and the semiconductor index held a 7.5% advance.
TREE NEWS update: Google released its Gemini Decisions API model configured with Decision1. The announcement names Decision1 as the configuration for the model, which is offered through Google’s Gemini API. No further technical details, pricing or availability date were disclosed.
TREE NEWS update: China unveiled its “Mazu” integrated AI weather early-warning appliance globally on Nov. 11 at a high-level South-South climate cooperation forum during COP31 in Antalya, Turkey, presenting the release via a promotional film. The launch shares Chinese technical achievements in meteorological disaster prevention and mitigation. No pricing, availability or deployment details were disclosed.
TREE NEWS update: Volkswagen is reassessing investment plans at its German plants and has cancelled a major advanced manufacturing project at its Wolfsburg headquarters due to worsening profitability. Mercedes-Benz CEO Ola Källenius said talks with German workers on longer hours without pay increases must yield substantial results, warning that without a significant competitiveness improvement Germany’s industrial activity will decline markedly within a decade.
TREE NEWS update: Michael Saylor said Strategy is putting STRC and MSTR on-chain, calling it a further step toward a capital market that never closes. In a post on X, Saylor described bitcoin as digital capital that Strategy converts into digital credit and digital equity. The move would bring the company’s preferred stock and common equity onto blockchain rails.
TREE NEWS update: xAI released Grok Voice 3.0, now available in its speech-to-speech API, with API pricing set at $0.08 per minute. The launch adds a new voice model to the company’s developer offerings.
TREE NEWS update: Israel Discount Bank will let individual customers buy, hold and sell Bitcoin and Ethereum inside its banking app from Nov. 26, without a separate digital wallet or overseas exchange account — a first for Israeli banking, the bank said. The service is open to Israeli residents aged 18 and over with a securities account, charging a 2% fee per trade. Custody is provided by Fireblocks, with no custody fee for the first six months and 0.25% per quarter thereafter.
TREE NEWS reports: Meta Platforms shares fell 0.5% after dropping sharply, reversing an earlier gain. No further details were provided on the move. The stock’s swing came without an immediate explanation in the material.
TREE NEWS update: The US House passed H.R. 10375 by voice vote, legislation aimed at simplifying loan settlement and expanding participation in the Small Business Administration’s 504 loan program. The program guarantees loans of up to $5.5 million made by certified private lenders to help eligible small businesses finance major fixed assets including real estate, plants and heavy equipment.
TREE NEWS reports: New York gold dropped below the $4,000 per ounce mark, with losses exceeding 0.7%. Spot gold also fell below $3,990 an ounce, down 1.07% on the day. The moves mark a sharp intraday decline for the precious metal.