News

According to ChainCatcher, as reported by BusinessInsider, US-listed company Windtree (WINT) has announced that it has signed a securities purchase agreement worth $60 million with Build and Build Corp, with the potential to raise up to an additional $140 million in future subscriptions, bringing the total subscription amount to as much as $200 million. The funds raised will primarily be used to launch the BNB treasury strategy and acquire BNB. Upon receiving shareholder approval and meeting other closing conditions, Windtree will become the first Nasdaq-listed company to offer direct investment exposure to BNB tokens.

Odaily Planet Daily News: Bank of America has observed an improvement in market conditions over the most recent quarter. CEO Moynihan stated during a conference call with analysts, "This has allowed our world-leading research team to continue forecasting that the United States will not experience a recession, and that the economy will see moderate growth—about 1.5% by year-end, with the Federal Reserve unlikely to cut rates before next year." Moynihan noted that both individual and corporate clients are still spending, and clients continue to seek certainty. He added that recent trade agreements and the passage of tax legislation are enabling clients to form clearer expectations for the future and adjust their behavior accordingly. (Jin10)