Companies

Companies coverage from the StreamSage Companies desk: Large Cap, Small Cap, Public, Private. Sources on every story. Page 8.

• South Africa seeks advisers for Eskom transmission spin-off

  The government is preparing to identify a transaction adviser to create a fully independent transmission system operator.

• DBS and Citi complete first weekend USD payment via tokenized deposits

  The transaction used Swift's Digital Ledger to move US dollars between Singapore and the U.S. outside traditional banking hours, per the banks.

• Jio Platforms to Begin India IPO Investor Roadshow Next Week

  Reliance Industries unit Jio Platforms will hold meetings in five regions, targeting a November listing in what could be a record offering.

• DBS and Citi complete weekend USD payment on Swift ledger

  The Singapore-to-New York transfer settled in minutes using tokenized deposits, according to a joint announcement from the two banks.

• Swiss Re, Allianz and Lloyds Automate Insurance Claims

  Swiss Re’s ClaimsGenAI flagged over 1,000 fraud alerts in its first year, while state regulators pilot a new AI oversight tool.

• Hanwha Builds Tokenized Securities Platform on Avalanche

  The development arrives months before South Korea legally recognizes distributed ledgers as securities registers in February 2027.

• Ingenia Communities rejects A$1.9 billion Warburg Pincus bid

  The Australian retirement village operator turned down a takeover offer from the private equity firm, as reported by Bloomberg Markets.

• Anthropic Delays IPO Prospectus Filing to Late September

  The AI company now expects to begin marketing its listing in mid-October, ahead of U.S. midterm elections.

• Bitmine's 5% goal is a retention problem, not a buying one

  Staking yields can close the gap to 5% without new purchases, but only if Bitmine stops converting rewards to cash for dividends.

• GPT-6 Astra's Spatial Leap Hides an 80-Point Writing Drop

  Early access tests confirm GPT-6 Astra's spatial and agentic dominance, but measured benchmarks show a significant regression in core writing capability.

• Better mortgage locks bitcoin for decades via rehypothecation

  The desk verified the 250% collateral ratio and found the collateral cannot be recovered until the underlying 30-year mortgage is fully repaid.

• Apple Unveils Yearslong Device Pipeline Through 2029

  Bloomberg reports Apple will release new product categories through 2029, starting with its September 9 event and a foldable iPhone by 2027.

• ByteDance Secures $29.6 Billion Unsecured Loan for AI Expansion

  Nearly 30 banks backed the facility, with Chinese lenders subscribing to over 60% of the total amount.

• Hargreaves Lansdown Rolls Out Bitcoin Trading to Two Million Clients

  The UK platform now sells Bitcoin exchange-traded notes to two million clients after previously stating the asset was too volatile.

• Polymarket launches crypto perpetual futures with 20x leverage

  The new Perps product spans crypto, indices and commodities, offering leverage up to 20x and no contract expiration.

• Williams-Sonoma reports 700% rise in AI assistant engagement

  The Olive tool saw revenue up 620% and customers convert at three times the normal rate, the company said on its earnings call.

• Top 1% of AI customers drive 80% of OpenAI and Anthropic revenue

  Ramp data shows revenue concentration remains high at both labs, with Cursor and GitHub Copilot accounting for a quarter of Anthropic’s income.

• Revolut begins EURR rollout in three European markets

  Bridge Building holds the MiCA issuance license while Revolut distributes the token to its existing user base.

• nCino Adds $100M Buyback After Q2 Revenue and Cash Flow Surge

  nCino authorized a new $100M share repurchase program as Q2 revenue rose 8% to $161M, with CEO Sean Desmond citing AI capability growth.

• ACI Worldwide to Acquire Cranium for Card Switching Tech

  ACI will integrate Cranium’s SYNAP framework into ACI Connetic for Cards, a move expected to close in the third quarter of 2026.