JPMorgan says tokenization will reshape funds industry

JPMorgan says tokenization could change how the funds industry operates, including the exchange-traded fund market.  Summary JPMorgan said tokenization could reshape ETFs and the wider funds industry over the coming years. Ciarán Fitzpatrick said strong ETF tokenization use cases may still be a few years away. Tokenized ETFs could support faster settlement, improved redemption, and…

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Why Cohere is merging with Aleph Alpha

Canadian AI startup Cohere is taking over Germany-based Aleph Alpha, with the blessing of their governments, in a bid to offer a sovereign alternative to enterprises in an AI landscape dominated by American players. “Sovereign AI” refers to systems where companies and governments retain full control over their own data — rather than routing it…

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Brazil Bans Predictions Markets, Report Highlights Region’s Mining Potential

Key Takeaways: On April 24, Brazil banned non-financial prediction markets, restricting future derivative trades. Hashrate Index sees Latam becoming a Bitcoin mining hub, fueled by Brazil’s 133% YoY hashrate growth. Itau Ventures invested $10M in Minter to tackle future green energy waste via mobile Bitcoin mining. Brazil Issues Ban on Non-Financial Prediction Market Contracts The…

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