Key highlights: Bernstein has cut its price target for Circle by $50, citing an uncertain revenue outlook The firm downplayed speculation that OpenUSD will affect Circle’s long-term share price CRCL is down by over 40% from its all-time high Global equity research firm Bernstein has slashed its end-of-year price target for CRCL stock to $140. […]
Tag: BNY
Key highlights: The ONDO price has recovered from the $0.20-$0.30 range but faces key resistance at $0.50. Tokenized asset holders have surpassed 1 million as the RWA market grows to about $36.6 billion. BNY, Oasis Pro Markets, and new regulatory developments continue supporting Ondo’s long-term ecosystem. Ondo is beginning to recover as interest in tokenized […]
Key highlights: Baillie Gifford has launched a tokenized bond fund on Ethereum and Solana. The Baillie Gifford Enhanced Yield Fund was launched in partnership with BNY. Banks and traditional financial firms are increasingly embracing RWA tokenization. Baillie Gifford, a century-old investment firm in Scotland, is entering the tokenization space via its latest collaboration with BNY. […]