1. Trump Media shares rise on ETF announcement
Trump Media shares jumped 9% after the company announced an agreement with Crypto.com to launch ETFs focused on “Made in America” products, pending regulatory approval. Source
2. MoonPay secures $200 million credit line
MoonPay has secured a $200 million credit line with Galaxy to enhance service delivery and manage liquidity amid rising market activity, supporting over 30 million users. Source
3. Blockdaemon acquires expand.network for DeFi
Blockdaemon has entered a deal to acquire expand.network, enhancing its ability to connect businesses to blockchains, and offering a unified API for DeFi transactions. Source
4. Indosat and Bank Saqu promote financial inclusion
Indosat Ooredoo Hutchison has partnered with Bank Saqu to advance digital financial inclusion in Indonesia, integrating banking services into its apps for better accessibility. Source
5. PayU acquires stake in Mindgate Solutions
PayU has acquired a 43.5% stake in Indian paytech Mindgate Solutions to enhance its digital payment services and expand operations in the rapidly growing market. Source
6. SoftBank, SK, Chunhwa, and Verizon form consortium
SoftBank, SK Broadband, Chunhwa Telecom, and Verizon have formed a consortium to build the E2A submarine cable, enhancing connectivity between Asia and North America. Source
7. Milei government halts Telefónica sale
The Argentinian government has blocked Telefónica’s proposed $1.2 billion sale due to monopoly concerns, preventing Telecom Argentina from dominating the telecom market. Source
8. CityFibre acquires Connexin’s fibre network
CityFibre has announced the acquisition of Connexin’s full fibre infrastructure, expanding its network footprint by up to 185,000 premises across the UK. Source
9. DfE allocates £45 million for school connectivity
The UK Department for Education has allocated £45 million to enhance digital connectivity in schools, aiming to improve educational standards by 2030. Source
10. GSMA elects Gopal Vittal as Chair
The GSMA Board has elected Gopal Vittal as its new Chair, tasking him with overseeing strategic initiatives as the organization focuses on 5G and AI advancements. Source
11. Nokia launches Broadband Easy initiative
Nokia has launched Broadband Easy to accelerate global fiber deployment, aiming to simplify the installation process for broadband providers worldwide. Source
12. Airtel’s Gopal Vittal named GSMA Chairman
Gopal Vittal, Managing Director of Airtel, has been appointed as the new Chairman of GSMA, reinforcing the organization’s leadership in mobile connectivity. Source
