Visa to Support Four Stablecoins Across Four Blockchains

Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.

By David Sinclair | Edited by Oleg Petrenko Published: Updated:
Visa to Support Four Stablecoins Across Four Blockchains
Visa’s move to support multiple stablecoins across blockchains signals a boost in crypto payment integration. Photo: CardMapr.nl / Unsplash

Global payment network Visa is set to expand its stablecoin support by enabling four stablecoins on four distinct blockchain networks. The announcement comes as part of Visa’s broader strategy to deepen its digital-asset capabilities and streamline crypto-to-fiat conversions.

CEO Ryan McInerney disclosed that the company will support two fiat-pegged currencies represented via these stablecoins, which can be converted into more than 25 traditional fiat currencies. Although the exact stablecoins and blockchains were not specified, Visa already supports assets like USDC and PYUSD on chains such as Ethereum and Solana.

New Payments Infrastructure in Motion

Visa noted that since 2020 it has facilitated more than $140 billion in stablecoin and crypto flows. Spending on Visa cards linked to stablecoins has quadrupled compared to the same quarter last year, and the company’s stablecoin settlement volume now exceeds a $2.5 billion annualised run-rate.

By supporting stablecoins across multiple chains, Visa is positioning itself to offer banks and financial institutions tools for minting and burning tokens via its tokenised-asset platform. It also plans to enhance its Visa Direct services to handle pre-funded stablecoin transfers for cross-border money movement.

Institutional Impact and Future Outlook

For financial institutions, Visa’s expanded stablecoin support represents a step toward incorporating digital-asset rails into mainstream payments and settlement infrastructure. This may open new paths for banks, fintechs and merchants to participate in on-chain value flows without building their own network from scratch.

Still, significant risks remain. The success of the initiative depends on regulatory clarity, token-liquidity management, integration across blockchains and whether merchants adopt stablecoins at scale. Market participants will watch for early roll-outs, merchant acceptance rates, network-transaction metrics and how Visa’s service layer evolves.

As previously covered, stablecoins are shifting from experimental tokens to foundational components of the digital-payments architecture and Visa’s new support may mark a key acceleration point.

U.S. Government’s Intel Stake Gains $25.7 Billion in Eight Months After CHIPS Investment

A U.S. government investment in Intel has generated $25.7 billion in unrealized gains in just eight months after shares surged following earnings.

By Benjamin Harper | Edited by Oleg Petrenko Published:
U.S. Government’s Intel Stake Gains $25.7 Billion in Eight Months After CHIPS Investment
A U.S. government investment in Intel has produced $25.7 billion in unrealized gains in just eight months as the stock surged following earnings. Photo: Louis Velazquez / Unsplash

A U.S. government investment in Intel has generated approximately $25.7 billion in unrealized gains in just eight months, following a sharp rally in the chipmaker’s stock after its latest earnings report.

The position stems from an $8.9 billion investment made in August 2025 at a price of $20.47 per share, giving the government a roughly 10% passive stake in the company.

Since then, Intel shares have surged, briefly reaching around $80 in after-hours trading following strong results, significantly boosting the value of the stake to approximately $34.6 billion.

CHIPS Act Strategy Shifted Toward Equity Ownership

The investment represents a notable shift in how the U.S. government deploys industrial policy, converting traditional grant funding into an equity stake.

Instead of issuing direct subsidies, the administration structured the funding as a capital investment, combining $5.7 billion in CHIPS Act grants with an additional $3.2 billion from the Secure Enclave defense program.

The result was the purchase of approximately 433.3 million shares, without board representation or management control, effectively making the government a passive investor.

At the time of the deal, Intel shares were trading near $24 and had fallen roughly 60% from their 2024 highs, with analysts viewing the move as a potential stabilization effort.

As previously covered, governments globally have been increasing support for semiconductor manufacturing as part of broader efforts to secure supply chains and strengthen domestic production.

Market Implications Highlight New Model for Industrial Policy

The scale of the gains has sparked debate over whether equity-based interventions could become a more common tool in economic policy.

From a financial perspective, the returns – equivalent to more than $25 billion on paper – outpace the performance of many hedge funds over comparable periods.

However, analysts caution that the gains remain unrealized and are subject to market volatility, particularly in the cyclical semiconductor sector.

For investors, the development underscores the growing intersection between government policy and capital markets, especially in strategic industries like semiconductors.

The approach may influence future policy decisions, particularly as governments seek to balance economic support with potential financial returns.

The Intel case highlights a broader trend: industrial policy is evolving beyond subsidies toward more market-oriented mechanisms, with implications for both public finances and private sector dynamics.

China Blocks Meta’s $2 Billion Acquisition of AI Startup Manus

China has blocked Meta’s $2 billion acquisition of AI startup Manus, citing regulatory concerns over the cross-border deal.

By Michael Foster | Edited by Oleg Petrenko Published:
China Blocks Meta’s $2 Billion Acquisition of AI Startup Manus
China has blocked Meta’s $2 billion acquisition of AI startup Manus, citing regulatory concerns over the cross-border transaction. Photo: Oleg Petrenko / MarketSpeaker

China has blocked Meta’s planned $2 billion acquisition of AI startup Manus, marking a significant regulatory intervention in a cross-border technology deal.

The decision reflects increasing scrutiny from Chinese authorities over foreign acquisitions involving companies with domestic ties, particularly in sensitive sectors such as artificial intelligence.

Manus, a Singapore-based startup with Chinese roots, had been seen as a strategic addition to Meta’s expanding AI capabilities.

Regulatory Concerns Intensify Around AI Deals

Chinese regulators have been tightening oversight of technology transactions, especially those involving data, advanced computing, and AI-related intellectual property.

The move to block the deal highlights concerns around data security, technological sovereignty, and the potential transfer of sensitive capabilities to foreign firms.

For Meta, the acquisition was expected to strengthen its position in the competitive AI landscape, where companies are racing to secure talent and technology.

As previously covered, governments globally are increasing regulatory scrutiny of AI and tech deals, reflecting the strategic importance of these assets.

The decision also underscores geopolitical tensions that continue to shape cross-border investment flows in the technology sector.

Market Implications Highlight Growing Deal Uncertainty

The blocked transaction adds to uncertainty for companies pursuing international expansion through acquisitions, particularly in regulated markets.

Investors may view the decision as a signal that regulatory risks are rising, potentially complicating future deal-making in AI and related industries.

For Meta, the setback could delay its efforts to expand its AI capabilities through external acquisitions, increasing reliance on internal development or alternative partnerships.

At the same time, the broader AI investment trend remains strong, with companies continuing to deploy capital despite regulatory headwinds.

For markets, the development reinforces a key theme: geopolitical and regulatory factors are playing an increasingly important role in shaping the trajectory of the global technology sector.

The outcome may influence how companies structure future deals, particularly those involving sensitive technologies and cross-border operations.

SanDisk Shares Surge 3000% as AI Boom Drives Data Center Demand

SanDisk shares have surged 3000% over the past year as demand for AI data center storage fuels explosive growth.

By Daniel Wright | Edited by Oleg Petrenko Published:
SanDisk Shares Surge 3000% as AI Boom Drives Data Center Demand
SanDisk shares have jumped 3000% over the past year, driven by surging demand for data center storage powering AI growth. Photo: SanDisk / X

SanDisk shares have surged approximately 3000% over the past year, pushing the company’s market capitalization to around $154 billion as the artificial intelligence boom drives unprecedented demand for data center storage.

While widely known for consumer products such as USB flash drives, SanDisk has emerged as a key supplier of memory solutions critical for AI infrastructure, particularly in large-scale data centers.

The rally highlights how the AI boom is extending beyond chipmakers like Nvidia into broader segments of the technology supply chain.

AI Infrastructure Demand Fuels Memory Market Expansion

SanDisk’s growth is being driven by rising demand for high-performance storage solutions required to support AI workloads, including training and inference of large models.

Data centers rely heavily on advanced memory systems to process and store massive volumes of data, making companies like SanDisk essential to the functioning of AI ecosystems.

As AI adoption accelerates across industries, the need for scalable and efficient storage infrastructure has increased sharply, benefiting memory manufacturers.

As previously covered, the AI investment cycle has expanded to include not only chips but also complementary technologies such as storage, networking, and power systems.

SanDisk’s transformation from a consumer-focused brand to a key infrastructure player reflects broader shifts in how value is being created in the tech sector.

Market Momentum Highlights Expanding AI Supply Chain Opportunities

The company’s sharp valuation increase underscores strong investor appetite for businesses positioned within the AI supply chain.

Analysts note that “picks and shovels” companies those providing essential components for AI – are increasingly seen as attractive investment opportunities alongside headline technology firms.

However, the scale of the rally also raises questions about sustainability, as rapid gains may reflect elevated expectations for future growth.

At the same time, competition in the memory market remains intense, with other global players also investing heavily to meet rising demand.

For investors, the key question is whether SanDisk can maintain its growth trajectory as AI infrastructure spending evolves and market dynamics shift.

The surge highlights a broader theme: the AI boom is reshaping multiple layers of the technology stack, creating winners across a wide range of industries beyond traditional chipmakers.

Eli Lilly to Acquire Ajax Therapeutics in Deal Worth Up to $2.3 Billion

Eli Lilly will acquire Ajax Therapeutics for up to $2.3 billion, strengthening its pipeline in blood cancer treatments.

By Emma Clarke | Edited by Oleg Petrenko Published:
Eli Lilly to Acquire Ajax Therapeutics in Deal Worth Up to $2.3 Billion
Eli Lilly is set to acquire Ajax Therapeutics for up to $2.3 billion, bolstering its pipeline in blood cancer treatments. Photo: Eli Lilly / Facebook

Eli Lilly has agreed to acquire privately held Ajax Therapeutics in a deal valued at up to $2.3 billion, as the pharmaceutical giant moves to strengthen its position in oncology.

The all-cash transaction will give Lilly access to Ajax’s pipeline of therapies targeting blood cancers, including conditions such as myelofibrosis and polycythemia vera.

The deal reflects Lilly’s broader strategy of expanding its portfolio through targeted acquisitions of early-stage biotech firms with promising drug candidates.

Acquisition Targets High-Growth Oncology Segment

Ajax Therapeutics specializes in developing treatments for hematologic malignancies, an area of increasing focus for major pharmaceutical companies due to strong demand and high unmet medical needs.

By acquiring Ajax, Lilly gains access to novel therapies that could complement its existing oncology pipeline and accelerate development in targeted cancer treatments.

The structure of the deal includes upfront payments and potential milestone-based payouts, a common approach in biotech acquisitions that aligns cost with development progress.

As previously covered, large pharmaceutical companies have been активно pursuing acquisitions to replenish pipelines and maintain growth as patent expirations approach.

The move also underscores the importance of precision medicine and targeted therapies in the future of cancer treatment.

Market Implications Highlight Ongoing Pharma Consolidation

The acquisition reflects continued consolidation in the pharmaceutical industry, where companies are seeking to scale research capabilities and diversify treatment portfolios.

Investors often view such deals as a way to secure long-term growth, particularly when focused on high-potential therapeutic areas like oncology.

However, the success of the acquisition will depend on clinical trial outcomes, regulatory approvals, and the commercial viability of Ajax’s drug candidates.

At the same time, rising deal activity highlights the competitive landscape, with major players competing for access to innovative biotech assets.

For markets, the transaction reinforces a key theme: pharmaceutical companies are increasingly relying on external innovation to drive growth and maintain competitive positioning.

Lilly’s ability to integrate Ajax’s pipeline and bring new treatments to market will be a critical factor in determining the long-term value of the deal.

Sun Pharma Shares Jump 7% on $11.75 Billion Organon Acquisition

Sun Pharma shares rose 7% after announcing an $11.75 billion deal to acquire U.S.-based Organon, expanding its global footprint.

By Emma Clarke | Edited by Oleg Petrenko Published: Updated:
Sun Pharma Shares Jump 7% on $11.75 Billion Organon Acquisition
Sun Pharma shares climbed 7% after announcing an $11.75 billion acquisition of U.S.-based Organon, expanding its global footprint. Photo: Sun Pharma / X

Sun Pharmaceutical Industries shares jumped approximately 7% after the company announced plans to acquire U.S.-based Organon & Co. in an all-cash deal valued at $11.75 billion.

The acquisition marks a major step in Sun Pharma’s global expansion strategy, significantly increasing its presence in the U.S. pharmaceutical market and strengthening its portfolio across key therapeutic areas.

Organon, headquartered in New Jersey, focuses on women’s health, biosimilars, and established medicines, offering Sun Pharma access to a diversified and globally recognized product base.

Strategic Acquisition Expands Global Reach

The deal is aimed at accelerating Sun Pharma’s international growth by leveraging Organon’s established footprint in developed markets.

By combining operations, the company expects to benefit from expanded distribution networks, increased scale, and enhanced research and development capabilities.

Management highlighted the strategic fit between the two businesses, noting that Organon’s product lineup complements Sun Pharma’s existing portfolio and opens new revenue streams.

As previously covered, cross-border acquisitions have become a key growth strategy for pharmaceutical companies seeking to diversify and access new markets.

The all-cash structure of the transaction underscores Sun Pharma’s confidence in the long-term value of the acquisition.

Market Reaction Reflects Investor Confidence in Expansion Strategy

The positive reaction in Sun Pharma’s stock suggests that investors view the acquisition as a value-accretive move that could strengthen the company’s competitive position.

Analysts point to potential synergies, including cost efficiencies and revenue growth opportunities, as key drivers of long-term value.

At the same time, the deal introduces execution risks, including integration challenges and regulatory approvals across multiple jurisdictions.

The pharmaceutical sector remains highly competitive, with companies increasingly pursuing consolidation to scale operations and manage rising development costs.

For markets, the transaction highlights a broader trend of global expansion and consolidation within the healthcare industry, as companies position themselves for sustained growth.

Sun Pharma’s ability to successfully integrate Organon and realize projected benefits will be a key factor shaping investor sentiment in the coming quarters.