UK energy giant Octopus has said it is spinning off its software arm Kraken Technologies. It said the demerger will help to speed up the expansion of Kraken globally, with the firm’s AI-powered platform already connected to more than 70 million household and business accounts. It comes amid reports Kraken could go public with a…
Last week, you might have seen that Kraken Robotics Inc. (CVE:PNG) released its quarterly result to the market. The early response was not positive, with shares down 8.2% to CA$3.46 in the past week. Revenues of CA$26m beat analyst forecasts by6.6%, while the business broke even in terms of statutory earnings per share (EPS). This…
Crypto exchange Kraken and tokenized asset issuer Backed Finance are bringing tokenized equities to the BNB Chain , allowing trading with stocks like Apple and Nvidia around-the-clock on the network, the firms said on Wednesday. The move allows token versions of U.S. stocks such as Apple (AAPLx), Tesla (TSLAx) and S&P 500 ETF (SPYx) to…
In conjunction with xStocks partner Backed, we are excited to announce a strategic partnership with BNB Chain, one of the world’s leading blockchain ecosystems. Through this partnership, BNB Chain joins the rapidly growing xStocks Alliance, further accelerating onchain access to tokenized U.S. equities for users across the world. In the coming weeks, we will allow…