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Crypto
CME unveils new indexes tracking BNB, XRP and SOL, excluding bitcoin and ether
CME Group has launched two new multi-asset cryptocurrency benchmark indexes, one tracking 10 major tokens excluding bitcoin and ether and another covering 12 assets including them. Real-time versions are calculated every second, while settlement versions are published once daily at 4 p.m. in London, New York and Singapore-Hong Kong time. The indexes use free-float market-cap weighting and are rebalanced twice a year.
Games & Commerce
Neowiz Q2 operating profit falls 57 percent, appoints co-CEO to boost new titles
Neowiz said second-quarter revenue under K-IFRS fell 7 percent from a year earlier to 102.1 billion won and operating profit dropped 57 percent to 7.9 billion won. Net profit was 18.4 billion won, reflecting gains from revaluation of financial assets. The company appointed Park Sung-jun as co-CEO and will run around three groups focused on new development, global business and live games.
Crypto
Volvo Group tests in-house cryptocurrency for supplier deals, considers private blockchain
Volvo Group is testing the development of its own cryptocurrency for supplier transactions and is considering a closed blockchain environment to simplify dealings among material suppliers, transport providers and the company. Ivan Branko, who oversees information management, AI and analytics in a Belgian logistics operations unit, said the work focuses on business needs such as reducing supply chain inefficiencies and complexity. The plan would combine payments and record-keeping in one structure, storing transport order data on a ledger.
