blockchain

Robinhood is expanding its global reach with stock and ETF tokens for EU investors, marking a significant entry into the European market. The company is also developing its own Layer 2 blockchain for tokenized assets. Additionally, Robinhood is launching crypto perpetual futures in the EU and crypto staking for US customers, further broadening its crypto offerings and aiming to make investing more accessible worldwide.

SEALSQ Corp has acquired a 28.30% stake in WeCan Group SA, a Swiss blockchain innovator. This strategic investment aims to accelerate the development of quantum-resilient, blockchain-based security solutions for finance, IoT, and Web 3.0. The partnership will integrate post-quantum cryptography, PKI, and blockchain compliance platforms, enhancing KYC/KYB solutions, fortifying IoT devices, and expanding decentralized identity offerings.

WISeKey International Holding Ltd. announced a minor change to its 2025 Annual General Meeting (AGM), postponing it from June 19 to June 27, 2025, at the same time and location in Zurich, Switzerland. The agenda and proposals remain unchanged. WISeKey focuses on cybersecurity, blockchain, and IoT solutions, securing digital identities and the Internet of Everything.

JOYY Inc. (NASDAQ: JOYY) reported mixed Q1 2025 results, with lower overall revenue but improved profitability driven by diversification and cost management. Non-livestreaming revenue surged. The company returned capital to shareholders via dividends and share repurchases. User metrics showed declines, but net cash remains strong. JOYY forecasts revenue growth for Q2, emphasizing its strategic shift and diversified business model, particularly in advertising.

Oyster Enterprises II Acquisition Corp upsized its IPO to $220 million (22M units at $10), listing on Nasdaq as OYSEU on May 22, 2025. The SPAC replaces traditional warrants with fractional share rights to minimize investor dilution, targeting AI, blockchain, media, and real estate sectors. Led by tech-linked executives including Divya Narendra, it leverages a $253 million potential warchest with underwriters’ 15% over-allotment option. While benefiting from recovering SPAC market trends and high-growth tech sectors, challenges include competition for acquisitions, undisclosed targets, and prolonged merger timelines prevalent in the post-2023 SPAC landscape. BTIG serves as sole bookrunner.