Modal Labs Targets $2.5 Billion Valuation for AI Inference Work
AI startup Modal Labs is reportedly looking to raise funds at a $2.5 billion valuation.
The company, which specializes in artificial intelligence (AI) inference infrastructure, is in talk...
HSBC to Provide Digital Gilt Instrument (DIGIT) Pilot for UK
The UK government has selected HSBC for its Digital Gilt Instrument (DIGIT) pilot program. The selection was made following a competitive review process. The UK government published its invitation to ...
Tokenized US Treasuries Hit $10 Billion Milestone : Analysis
In a recent noteworthy development for the intersection of traditional finance and blockchain technology, the total market capitalization of tokenized U.S. Treasuries has exceeded $10 billion. This ac...