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Partnerships

BLK

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BlackRock's tokenized fund BUIDL has reached $500 million in assets under management within three months. The fund, issued on the Ethereum blockchain, allows Web3 institutions to access real-world returns. Key collaborations with Securitize, Circle, and Ondo Finance have been instrumental in this success. Despite regulatory challenges, the growth of BUIDL indicates strong institutional interest in tokenized financial products.

Portfolio Pulse from Murtuza Merchant

July 19, 2024 | 4:05 pm

NNE

NANO Nuclear Energy Inc. (NASDAQ:NNE) has signed a Memorandum of Understanding (MOU) with Everstar Inc. to leverage Everstar's AI tools to modernize the regulatory and licensing processes for NANO Nuclear's projects. This partnership aims to save time and resources by transforming these processes.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:04 pm

BTTC

Bitech Technologies CEO Benjamin Tran discusses the company's focus on renewable energy solutions, particularly battery energy storage systems (BESS), and plans to uplist on NASDAQ. The company aims to address energy infrastructure issues and extreme weather events with innovative technologies like nanogrids and virtual power plants. Bitech is also exploring AI-driven energy management systems and has a clean balance sheet with no debt. The company has 23 projects in the pipeline and plans to generate revenue by mid-summer next year.

Portfolio Pulse from Stjepan Kalinic

July 19, 2024 | 2:29 pm

BYDDY

BYD Co., Ltd. (OTC:BYDDY) has launched its premium NEV brand Denza in Cambodia with the opening of its first flagship showroom in Phnom Penh. The showroom spans nearly 600 square meters and includes various service areas. This marks Denza's first local delivery of the D9 MPV in Cambodia. Additionally, BYD plans to establish an EV plant in Cambodia capable of assembling 20,000 vehicles annually.

Portfolio Pulse from Nabaparna Bhattacharya

July 19, 2024 | 2:07 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has announced that a California operator of flea markets and swap meets has renewed its contract for the 6th consecutive year. The contract includes the continued use of Knightscope's K5 Autonomous Security Robot and 2 K1 Hemispheres for property protection in the San Francisco Bay Area.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:41 pm

CRWD

SPY

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) is collaborating with CrowdStrike and various federal, state, local, and critical infrastructure partners to assess and address cybersecurity issues.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:41 pm

OXY

Colombia's state-owned oil company Ecopetrol is in discussions with Occidental Petroleum to acquire a stake in Crownrock, a significant player in the oil and gas sector.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:29 pm

MOH

Molina Healthcare has been awarded a new Medicaid managed care contract by the Florida Agency for Healthcare Administration. The contract will allow Molina to serve approximately 90,000 Medicaid beneficiaries in Miami-Dade and Monroe Counties starting January 1, 2025, through December 31, 2030.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:02 pm

SXTP

60 Degrees Pharmaceuticals shares are trading higher after the company signed clinical trial agreements with three planned trial sites for the Tafenoquine Babesiosis study.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:36 pm

SXTP

60 Degrees Pharmaceuticals has signed clinical trial agreements with Yale University, Rhode Island Hospital, and Tufts Medical Center for a study on Tafenoquine for Babesiosis. Patient enrollment has begun, with interim results expected by September 2025. The market for ARAKODA® (tafenoquine) for babesiosis is approximately 400,000 patients in the U.S.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:30 pm