Institutional trading platform LMAX is collaborating with Morgan Stanley and KBW to evaluate strategic alternatives, including potential sales, SPAC mergers, or IPOs. London based LMAX recently launched a 24/7 multi asset exchange and received a strategic investment of $150 million from Ripple.

On July 24th, AI chip stocks in the US stock market collectively fell, with Intel falling 4%, AMD falling over 3%, Broadcom, TSMC, and Qualcomm falling over 2%, and NXP and Nvidia falling over 1%.

[Main Password: BancaStato launches Bitcoin trading service, with a main trading volume of $200 million betting on this direction] What links Swiss financial firms to $200M trades?

According to The Information, Lawrence Brock, Chief Talent Officer of Coinbase, has stepped down to become a consultant, Greg Tusar, Co Head of Institutional Departments, has been transferred to a policy position, Paul Grewal, Legal Director, plans to resign, and Jesse Pollak has stepped down as Head of the Base app. After laying off 14% of its workforce in May, Coinbase is accelerating its transformation into a full category trading platform that includes both stock and prediction markets.

The Israeli side stated that Prime Minister Netanyahu will meet with US President Trump next Tuesday.