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Fintech

Mirae Asset Securities' ISA client assets top 15 trillion won, up 5 trillion in three months

Mirae Asset Securities said on Wednesday that client assets in its Individual Savings Account (ISA) programme have topped 15 trillion won. The company said assets rose by 5 trillion won in three months after exceeding 10 trillion won at the end of January, reflecting continued investor interest in tax-saving investments. It said about 5,100 clients received tax benefits through maturity cancellations in the first quarter.

AI & Enterprise

xAI integrates into SpaceX AI division SpaceXAI, accelerating space data centre plan

Elon Musk announced he is dismantling the standalone corporate structure of AI company xAI and integrating it into SpaceX’s internal AI organisation, SpaceXAI. The move formalises an integration plan Musk flagged in February and is expected to connect xAI’s AI technology more directly with SpaceX’s core businesses, including Starlink and Starship. Public disclosures have begun to reflect the change, including an Anthropic contract referencing SpaceXAI and the Colossus 1 data centre.

Crypto

21Shares lists STRC ETN on London Stock Exchange linked to Strategy preferred shares

Asset manager 21Shares has listed the Strategy-linked STRC ETN on the London Stock Exchange, giving UK investors access via a locally listed product. The 21Shares Strategy Yield ETN tracks Strategy’s floating-rate Series A perpetual preferred shares, “Stretch”, linked to its bitcoin-focused treasury policy. Executives highlighted an 11.50 percent yield paid monthly in cash. Strategy’s financing structure may involve bitcoin sales to fund dividends.