Select Page

News & Events

Stay up to date on all our exciting new events and view past webinars and podcasts with instant playback.

Crypto platform Tron strikes deal with Nasdaq-listed company

Crypto platform Tron strikes deal with Nasdaq-listed company

Tron, the cryptocurrency platform led by Justin Sun, has announced a significant deal with Nasdaq-listed SRM Entertainment. Under the agreement, SRM will be renamed Tron Inc., with Sun joining as an adviser and the company purchasing Tron tokens.

A private investor plans to inject $100 million into the deal, potentially reaching $210 million if warrants are exercised. While the Financial Times reports that Tron itself is the investor and aims to go public through a reverse merger with SRM, neither company has confirmed these details.

The deal was facilitated by Dominari Securities, a New York investment bank whose parent company recently added Donald Trump Jr. and Eric Trump to its board. Notably, Sun has connections to Trump’s World Liberty Financial crypto venture, having invested $75 million in the project and listed its USD1 stablecoin on the Tron network. Sun, who faces an ongoing SEC civil fraud lawsuit (currently on hold), has established himself as a significant figure in both cryptocurrency and Trump-affiliated business ventures. SRM Entertainment, known for designing and selling custom merchandise, saw its stock price surge over 300% following the announcement, climbing from $1.45 to $6.70.

Read the original article here: https://www.msn.com/en-us/money/companies/crypto-platform-tron-strikes-deal-with-nasdaq-listed-company/ar-AA1GPAmR?ocid=BingNewsVerp

Eye on IPO shores, companies set sail for Cayman

Eye on IPO shores, companies set sail for Cayman

The Cayman Islands, a self-governing British Overseas Territory, is gaining traction as the new pitstop for Indian startups building software products for global markets. These software-as-a-service (SaaS) companies are increasingly looking to the Caribbean island as a flexible option to tap into capital markets, either at home or overseas.

According to multiple industry sources, the push to register these Indian SaaS startups in the tax-neutral Cayman Islands is being led by their venture capital backers, including prominent investor Accel Partners. This shift in preference is driven by the startups’ desire to have the flexibility to list in India, the US, or pursue a future dual listing.

Previously, the US was the preferred destination for most Indian SaaS companies, as the bulk of their customers were American entities. Freshworks was the first Indian SaaS company to list on American bourses, followed by other top players like Chargebee, Icertis, and Innovaccer.

However, this trend is now changing as the Indian stock markets become more attractive, and the bar for IPO in the US becomes more challenging. The Cayman Islands’ tax-neutral status and flexibility in managing complex global footprints make it an appealing choice for Indian SaaS startups.

However, experts caution that the Cayman Islands route is not without its downsides, such as the absence of a double taxation avoidance treaty with India and potential capital gains tax implications in the event of share swaps. The ecosystem needs to navigate these uncertainties carefully, as reverse flips or shifts in domicile can be a costly affair.

As Indian SaaS startups continue to expand their global footprint, the Cayman Islands’ emergence as a preferred domicile reflects the evolving landscape and the startups’ quest for flexibility and access to diverse capital markets.

Read the original article here: https://www.msn.com/en-in/money/markets/eye-on-ipo-shores-companies-set-sail-for-cayman/ar-AA1GyDIg?ocid=BingNewsVerp

Kagiso Rabada creates history, becomes first player in 48 years to achieve rarest of rare feat

Kagiso Rabada creates history, becomes first player in 48 years to achieve rarest of rare feat

In a historic achievement, South African fast bowler Kagiso Rabada has become only the second player in 141 years to have his name inscribed on both the home and away honours boards at the iconic Lord’s Cricket Ground.

Rabada’s exceptional performance in the ongoing World Test Championship (WTC) 2025 final has been the driving force behind South Africa’s quest for their first ICC trophy in 27 years. The Proteas are facing off against Australia in the final at Lord’s, with Rabada leading the bowling attack. In the first innings, Rabada picked up a five-wicket haul, bundling out Australia for 212 runs. This feat has earned him a place on the home honours board at Lord’s, a distinction usually reserved for England players.

Rabada’s name was already etched on the away honours board at Lord’s, having previously picked up a five-wicket haul against England in 2022. He is now the second player in the 141-year history of Test cricket at Lord’s to have his name on both the home and away honours boards, joining the legendary West Indian all-rounder Gordon Greenidge.

Greenidge, the only other player to achieve this feat, had his name on the away honours board twice for his 214* and 103 against England in 1984 and 1988, respectively. He also earned a place on the Lord’s honours board when he scored 122 for the Marylebone Cricket Club (MCC) against the Rest of the World in 1987.

Rabada’s historic accomplishment comes 48 years after Greenidge’s feat, further solidifying his place in cricket history. As South Africa continues their quest for the elusive WTC title, Rabada’s performance and this remarkable achievement will undoubtedly inspire the team to reach new heights.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

The Ghana Story | Webinar Recording

The Ghana Story | Webinar Recording

Delve into the captivating world of Ghana, a vibrant nation at the heart of West Africa that proffers a myriad of opportunities for investors, businesses and partners.

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

The Commonwealth: Trade and Unity

The Commonwealth: Trade and Unity

The modern Commonwealth is an association of nations which’s shared values unite 2.5 billion people in 54 countries. Through its branches all over the world, the Royal Commonwealth Society tries to harness this soft power.

In conversation with Dr Muhammad Tahir Mansoori

In conversation with Dr Muhammad Tahir Mansoori

Dr Mansoori is a well-known and highly respected scholar within the community of Islamic scholars in Pakistan. He is currently serving as a Resident Shari’ah Board member for the Pakistani commercial and retail bank, Askari Bank Ltd., and also as a Shari’ah Advisory...

Why do we need a Commonwealth Chamber of Commerce in 2021?

Why do we need a Commonwealth Chamber of Commerce in 2021?

The world is reeling from the impact of Covid-19. An estimated 4.6 million people have died. In 2020, Commonwealth countries suffered a loss of US$1.15 trillion and 84% fell into recession.   Trade and shipping patterns face ongoing disruptions and uncertainties...