Crypto trading powerhouse FalconX announced plans to acquire 21Shares, one of the world’s leading crypto investment managers with over $11 billion in AUM, as it strengthens its position in the fast-growing crypto ETF market. The deal follows the U.S. SEC’s recent decision to clear multiple new spot crypto ETFs — including those tied to Solana...
Asset management giant T. Rowe Price has filed with the U.S. SEC to launch its first actively managed crypto ETF, marking a major milestone for the $1.77 trillion firm as it expands beyond traditional equities and bonds. The proposed ETF would invest in 5–15 digital assets, including Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu, aiming...
The world’s largest sovereign wealth fund — Norway’s $2 trillion fund — reaffirmed its commitment to drive all 8,500 portfolio companies toward net-zero emissions by 2050, even as the U.S. retreats from climate commitments under new policy reversals. 🔹 Tougher Oversight, Clearer ConsequencesThe updated climate plan raises scrutiny of corporate climate lobbying and allows the...
Activist investor Jana Partners has revealed a 9% stake in Six Flags Entertainment (FUN.N) and is joining forces with NFL star Travis Kelce to push for a major turnaround in marketing, brand engagement, and customer experience across the iconic theme park chain. 💼 The Activist Push At the 13D Monitor Active Passive-Investment Summit in New...
Andrea Orcel, CEO of UniCredit (CRDI.MI), is under renewed pressure from the bank’s board as tensions rise over the scope and transparency of his dealmaking strategy, Reuters reports. 🔹 Board Oversight IntensifiesSources say directors have demanded more frequent updates on M&A moves following stalled ambitions involving Banco BPM and Commerzbank.Some board members floated reinstating a...
Europe’s aerospace leaders — Airbus, Thales, and Leonardo — are finalizing Projet Bromo, a landmark plan to merge their satellite manufacturing operations into a single European space holding company, each holding roughly one-third ownership. 🌍 Strategic Vision The new holding aims to consolidate Europe’s fragmented satellite industry and compete head-to-head with Elon Musk’s Starlink. It...