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America's First Dogecoin ETF, Spravato's Breakthrough Approval, And Redwire's New Defense Tech Acquisition
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America's First Dogecoin ETF Could Be Coming Soon
Asset management company Rex Shares officially filed an application with the United States Securities and Exchange Commission to list a Dogecoin ETF onto a major stock exchange in America. Rex Shares has also filed for additional new crypto ETFs, including one which will focus on digital assets such as Bitcoin, Ethereum, Solana, XRP and even Donald Trump’s new meme coin.
Spravato Wins Breakthrough New Approval From FDA
Johnson & Johnson (NYSE: JNJ) officially received approval from the United States Food and Drug Administration for Spravato to be used as a monotherapy for individuals with treatment resistant depression. Derived from ketamine, Spravato is a nasal spray widely seen as validation for the future of psychedelic medicines in mental health treatments.
Redwire Is Making A Big New National Security Acquisition
Redwire (NYSE: RDW) announced they will acquire unmanned aerial vehicle company Edge Autonomy in a new deal worth $925 million. Edge Autonomy is one of the most advanced companies in America focused on UAVs and drones, which has led to notable deals with multiple government agencies including the United States Department of Defense.
The Sprint
Solana set a new all time record for fee generation, earning $33 million in a single day from transaction fees.
NG Energy (TSXV: GASX) struck a deal with French oil and gas company Maurel & Prom for a 40% operating interest in their flagship natural gas well Sinu-9.
OpenAI developed a new artificial intelligence model known as GPT-4b in partnership with startup Retro Biosciences to make breakthroughs in longevity science.
United States Antimony Corporation (NYSE: UAMY) announced a deal to acquire a significant amount of new antimony claims in Alaska.
Stoke Space raised $260 million in a financing round led by Bill Gates’ Breakthrough Energy Ventures and Steve Cohen’s Point72 Ventures to advance their reusable rockets.
Decentralized exchange Hyperliquid has set a new all time record for daily trading volume, trading over $22 billion over a 24 hour period.
Anduril announced they will build a new large scale facility in Ohio to produce military drones and autonomous air vehicles for combat.
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Disclaimer: The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by some of the companies mentioned in this email for awareness campaigns, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of the mentioned companies without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.
A New Antimony Project Has Been Approved In America
Perpetua Resources (NASDAQ: PPTA) received final approval from the United States Forest Service to advance their Stibnite Gold Project located in Idaho, making them the only publicly traded company in North America with an official approval to develop a domestic antimony resource at scale. Antimony has become of critical importance in North America after China made waves by cutting off all further exports of antimony, which is an essential input for military manufacturing.
Donald Trump Jr Is Backing A Firearms SPAC Deal
GrabAGun, an online firearms retailer ambitiously marketing to the next generation of potential gun owners in America, announced they will go public through a SPAC transaction with Colombier Acquisition Corp (NYSE: CLBR). Donald Trump Jr. is an advisor to GrabAGun and will become a significant equity owner in the company following the successful completion of the transaction.
Is Dogecoin The Next Frontier Of Payments For Public Companies?
Dogecoin has recently begun to accelerate as a form of payment with large publicly traded companies around the world. Originally seen as a meme coin with very little underlying utility, there are now approximately 2,500 businesses globally accepting Dogecoin as payment, including Tesla, AMC Entertainment, and Twitch.
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Arbe Robotics (NASDAQ: ARBE) and Nvidia (NASDAQ: NVDA) announced a new partnership focused on advancing self driving technology.
Micron Technology (NASDAQ: MU) was selected by Nvidia (NASDAQ: NVDA) to provide their high-bandwidth memory chips for Nvidia’s H200 Tensor Core GPUs.
UFC co-founder and entrepreneur Dana White officially joined the board of Meta Platforms (NASDAQ: META).
Serve Robotics (NASDAQ: SERV) raised $86 million in new capital to advance their robotic delivery technology.
Italian oil and gas giant Eni (NYSE: E) launched a new supercomputer aiming to revolutionize oil and gas discoveries.
Solana based decentralized exchange Raydium surpassed Uniswap in daily trading volume, representing a potential large scale shift in the future of decentralized exchanges.
Uber (NASDAQ: UBER) and Nvidia (NASDAQ: NVDA) announced a partnership focused on developing new artificial intelligence models for self driving technology.
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Looking to connect? Reach out and get in touch.
New here? Join our community of 40,000+ individuals interested in uncovering the world’s most exciting early stage companies.
Disclaimer: The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by some of the companies mentioned in this email for awareness campaigns, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of the mentioned companies without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.