News

Foresight News reports that Bitget now supports the recurring investment feature for US stock rTokens in spot trading. Users can regularly allocate stock-type assets using the spot recurring investment bot. This function supports 24/7 trading; recurring investments can be executed via both on-platform and off-platform matching mechanisms, whether it is a US stock trading day or not. After updating the App to the latest version, users can go to "Trading Bot," select "Spot Recurring Investment," set parameters such as investment amount and frequency, and create their recurring investment plan. rTokens, identified by the letter "r" plus a stock ticker (such as rNVDA for Nvidia), are issued by Reality, a licensed RWA protocol under Bitget, and are directly connected to global liquidity pools such as Nasdaq and NYSE in cooperation with regulated broker Alpaca. Their features include: 1:1 backing of underlying assets with licensed custodianship, 1:1 distribution of stock dividends in token form, synchronized mapping of corporate actions (such as stock splits and consolidations), and the ability to use holdings as combined collateral for unified account and USD-margined contracts. This allows users to flexibly manage funds while holding global stock assets.

Glonghui, July 1st | Private equity firm KKR announced it will acquire the North American renewable energy business and assets of French energy company EDF for $4.2 billion. The deal values EDF Power Solutions' equity in North America at approximately $4.2 billion, with an additional payment of up to $390 million possible. KKR aims to capitalize on rising power demand driven by the expansion of artificial intelligence data centers and the electrification process. EDF has developed 26 GW of wind, solar, and battery storage projects, as well as electric vehicle charging stations, in North America.

The volatility of lithium carbonate futures prices has intensified. News about the resumption of mining operations at CATL's lithium mine has caused a stir, but the supply is offset by Zhongmin Resources' suspension for maintenance. How will the lithium carbonate market unfold in the second half of the year?