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WiseTech plans FRDM.ai acquisition to power VerifyWise

WiseTech Global has agreed to acquire FRDM.ai for US$10 million upfront plus up to US$14.31 million in earn-outs, with completion expected on August 3, 2026, to power its VerifyWise AI-enabled compliance platform across multi-tier supply chains. The deal moves WiseTech from transaction-level screening to network-wide risk verification, leveraging FRDM.ai’s real-time risk scoring and billions of trade records, while financing details include issuing up to 192,150 new shares and a 12-month escrow arrangement.

6 sources

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Bitcoin Quantum Readiness Initiative by Galaxy Digital

Galaxy Digital has launched a Bitcoin Quantum Readiness Initiative with up to $5 million in developer grants, a dedicated Galaxy Research program, and a Quantum Advisory Council to bolster Bitcoin against quantum threats, including members such as Barry Sanders, Damien Bérubé, and Eran Tromer. The effort focuses on developing post-quantum cryptographic solutions and potential protocol upgrades to withstand quantum attacks, addressing Q-Day scenarios and the migration to quantum-resistant signatures and addresses.

7 sources

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Wintrust Q2 Profit Rises to $225M

Wintrust Financial posted solid Q2 results with $225.3 million in net income and $3.30 per share on revenue of about $961 million, a year-over-year rise driven by loan and deposit growth. The bank also reported record first-half net income for 2026, driven by strong net interest income and ongoing balance-sheet expansion, and beat consensus estimates for quarterly earnings per share.

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