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Sneha Shah has been appointed as chief AI strategist, Michael Tryniszewski as head of AI Orchestration, and William Coffey as chief data officer at SEI. Shah will lead SEI’s enterprise AI strategy and will also accelerate growth across the client experience, agentic workflows, AI and data services. Tryniszewski will lead AI initiatives across product, technology, operations, risk, compliance, and business units. Coffey will also lead SEI’s enterprise data strategy.  Alex Watts has joined NewEdge Wealth as a principal. Watts will help support his clients in managing transactions, credit, recapitalization, and portfolio structure. Prior to joining NewEdge Wealth, Watts previously served as assistant VP at Merrill Lynch Private…

The S&P 500 Index ($SPX) (SPY) is down -0.31%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.53%.  June E-mini S&P futures (ESM26) are down -0.15%, and June E-mini Nasdaq futures (NQM26) are down -0.37%. Stocks are trading lower but are seeing support again today as reports circulate that a preliminary US-Iran peace agreement could be signed as early as this weekend, ending the military hostilities, reopening the Strait of Hormuz, and ending the US blockade on Iran and its oil exports.  Negotiations would then begin on the more intractable issues, such as…

Dubai, United Arab Emirates, June 12th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched SPCXX, tokenized SpaceX under the xStocks framework on its Spot market, together with new prize pools.  SPCXX is listed on Bybit Spot on June 12, 2026, at 16:20 UTC. Users can take part in a 200,000 USDT Token Splash exclusive on Bybit for a chance to earn rewards by accumulating spot trading volume in SPCXX pairs. Bybit Spot Listing Timeline SPCXX deposit: Opens on June 12, 2026, 16:20 UTC SPCXX listing: June 12, 2026, 16:20 UTC SPCXX withdrawals: Opens on June 13,…

Dubai, United Arab Emirates, June 12th, 2026, Chainwire Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of SPCXx, the tokenized SpaceX equity issued by xStocks, available for 24/7 on-chain trading and liquidity provision on Mantle from the day SpaceX completes the largest initial public offering in history. The listing brings on-chain access to one of the most anticipated equity events in history through two of the ecosystem’s flagship venues, Fluxion and Merchant Moe, and opens what is expected to be a strong season of high-demand tokenized equity listings on Mantle. Institutional-Grade Execution via…

ROAD TOWN, British Virgin Islands, June 12, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, announced that industry veteran Ken C has joined the protocol as Head of Growth, reinforcing AFX’s commitment to expanding its global trading ecosystem and accelerating adoption of on-chain derivatives infrastructure. Ken brings more than nine years of experience spanning traditional finance, Web3, and emerging AI technologies. He began his career leading digital product initiatives at HSBC and DBS Bank before transitioning into crypto, where he held leadership roles across OKX, Animoca Brands, and multiple startup ventures. His experience spans ecosystem growth, business…

Victoria, Seychelles, June 12th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has published its May 2026 Trading Highlights report. Crypto-native users moved aggressively into traditional asset exposure throughout the month. US equity futures volume jumped 85%, the SPACEX(PRE) Launchpad hit a record-breaking 15.5x oversubscription, and new token spot trading volume per user grew 36% as capital rotated from Meme assets into RWA and AI infrastructure.  Users primarily concentrated their capital in two sectors – RWA and AI infrastructure, shifting from the Meme-heavy volume mix seen in April. RWA drew the most capital. Three projects from the sector…

Dubai, UAE, June 12th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced its inclusion in the inaugural Fortune Crypto 100, a prestigious ranking recognizing the most influential companies and protocols shaping the future of the global digital asset ecosystem. The Fortune Crypto 100 recognizes organizations driving innovation, building critical market infrastructure, and expanding the role of digital assets in the broader financial system. Bybit was recognized in the CeFi category, which includes crypto-first companies such as exchanges, lenders, and custodians that facilitate the trading, custody, and movement of digital assets. The ranking brings together both…

PORT VILA, Vanuatu, June 12, 2026 /PRNewswire/ — Vantage, a global multi-asset broker for CFD trading, announced its inclusion on the Fortune Crypto Innovators list. Selected independently by Fortune’s editorial department based on its editorial criteria, the list serves as a recognised industry reference point, highlighting companies operating within the digital asset and broader financial ecosystems. As traditional finance and digital assets continue to converge, navigating the operational and technological complexities of both landscapes requires robust infrastructure. Vantage’s selection highlights its capacity to provide access to both sectors, positioning the broker alongside prominent crypto-native businesses and institutional financial participants featured on…

Investors in companies like OpenAI, SpaceX and other high-growth firms are increasingly buying future optionality rather than current cash flow, according to Dean Rubino, CEO of KPC Private Funds. These businesses are valued on the belief they will become foundational infrastructure for AI, aerospace and next-generation computing. Over the last two decades, the private capital ecosystem has evolved dramatically, with sovereign wealth funds, private equity and venture investors funding companies at a scale previously only available through public markets. As a result, companies are staying private longer and achieving far greater maturity before IPOs. Rubino discusses whether most enterprise value…

In trading on Thursday, the VanEck Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 6.2% on the day. Components of that ETF showing particular strength include shares of Sigma Lithium, up about 9.1% and shares of Albemarle, up about 7.5% on the day. And underperforming other ETFs today is the iShares Paris-Aligned Climate MSCI USA ETF, off about 1.6% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Oracle, lower by about 11.7%, and shares of Adobe, lower by about 4.1% on the day. VIDEO: Thursday’s ETF Movers: REMX,…