31m ago
Ondo Finance rolls out proxy voting for 250+ tokenized stocks and ETFs via Broadridge
Ondo Finance said it has integrated Broadridge’s proxy voting system for tokenized stocks and exchange-traded funds, covering more than 250 products including iShares Core S&P 500 and Micron Technology. Wallet-authenticated holders can vote and access issuer communications, regulatory filings and other shareholder documents. The move addresses a long-standing criticism that many on-chain equity products provide price exposure without governance rights. Tokenized stocks totaled $1.67 billion with nearly 181,000 holders, while ONDO traded at $0.3309 on muted reaction.
ONDO
ONDO-0.51%
31m ago
46m ago
India orders removal of BATBMS, Lossigy and Epoch Li-ion apps after reports of remote e-rickshaw battery shutdowns
India’s Ministry of Electronics and Information Technology ordered the removal of three battery-management apps—BAT-BMS, Lossigy and Epoch Li-ion—after they were used to remotely disable e-rickshaw batteries. Google Play Store and Apple App Store have taken the apps down. The move is a compliance response to a regulatory directive and does not involve product defects, revenue losses or a major policy shift. The impact on the two companies’ core operations and finances is expected to be limited.
46m ago
54m ago
Nifty IT jumps nearly 2% on July 3, extends two-day rebound past 6%
India’s Nifty IT index rose nearly 2% on July 3, taking its two-day rebound to more than 6%. The move followed weaker-than-expected US jobs data and downward revisions to the prior two months, which cooled expectations for a near-term Federal Reserve rate hike and lifted risk appetite. Infosys climbed more than 5%, while HCLTech, TCS and Tech Mahindra advanced 2.5% to 4%. The index had previously fallen 6.5% over four straight sessions.
54m ago
59m ago
Brent slides from $126 a barrel in May to just above $70 as markets await OPEC+ meeting
The article says Brent crude futures have retreated from a May peak of $126 a barrel to just above $70, close to pre-war levels. It adds that global inventories still need replenishing, some war-damaged production remains short of full capacity, and risks are building. OPEC+ is scheduled to meet on Sunday, which could offer fresh clues on supply policy, but the outcome has not yet been announced.
59m ago