Author: Sai Krishna

FP Markets: A Democratic sweep is the market’s base case

LIMASSOL, Cyprus, Oct. 29, 2026 /PRNewswire/ — Control of Congress is the focus on 3 November, as US citizens gear up to vote for all 435 House seats and 35 Senate seats. Importantly, the Midterm elections will help define the trajectory of President Donald Trump’s remaining time in office – a topic that has naturally been in the spotlight recently.

Republicans hold 218 House seats to the Democrats’ 214, and a 53-47 Senate majority. A party needs 218 seats to control the House, so Democrats would need to gain about four seats. Winning the House puts the Speaker’s gavel in Democrats’ hands, enabling them to control which bills reach a vote.

Prediction markets (Polymarket) heavily lean in favour of a Democratic win. As of 29 October, markets priced in a 67% chance of a Democratic sweep of both chambers, a Democratic House with a Republican Senate at 28%, and a Republican sweep at 6%. Separately, the odds show a 93% probability of Democrats winning the House. Based on these odds, a sweep is on the table, but nevertheless far from certain.

FP Markets Chief Market Analyst Aaron Hill commented: ‘With US stock benchmarks at record highs, a key – and let’s face it, obvious – question for many investors is whether equities can remain bid following the Midterms. While I will be the first to say history can never guarantee future performance, studies by JP Morgan suggest that since the 1950s, the S&P 500 has delivered positive returns in the year following each Midterm election. If we see a divided Congress, not much changes, in my view, and it could ease some pressure on longer-dated yields. A Democratic sweep, nevertheless, will raise questions about corporate taxes and regulation, and perhaps serve as a headwind for stocks’.

To take advantage of potential market moves, traders and investors at FP Markets can access a wide selection of key asset classes through world-class trading platforms. These include CFDs on US indices such as the S&P 500 and Nasdaq, major USD FX pairs, and gold and oil, allowing them to trade market reactions as results come in.

About FP Markets:

FP Markets is a global, multi-regulated, award-winning broker established in Sydney, Australia in 2005. The broker offers 10,000+ CFD instruments across seven asset classes, available on industry-leading platforms including MetaTrader 4, MetaTrader 5, TradingView, and cTrader.

FP Markets’ regulatory presence includes the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) of South Africa, and the Capital Markets Authority (CMA) of Kenya.

For more information, visit www.fpmarkets.com 

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CTR-JK Tyre FMSCI Indian National Car Racing Championship 2026 Creates History with Record 137 Driver/Rider Registrations in Coimbatore

Round 1 delivers 17 races across eight categories at Kari Motor Speedway

COIMBATORE, India, Oct. 29, 2026 /PRNewswire/ — The CTR–JK Tyre FMSCI Indian National Car Racing Championship (INCRC) 2026, presented by DIA Diamonds, opened its season at Kari Motor Speedway, Coimbatore, on 24–25 October with a record 137 driver/rider registrations, the highest for a single round in the championship’s 29-year history.

Organised by CTR Sports in association with JK Tyre, the weekend featured 17 races across eight categories and reinforced the championship’s vision of “One Nation, One Championship.” The event was streamed live and hosted by television presenter and actor Ma Ka Pa Anand, official host of CTR Sports.

Race Winners

Arya Singh, Dhruvh Goswami and Balaprasath each won a Formula LGB F4 race, while Shatveer Shetty claimed two wins in the Formula 1300 Novice Cup. In the Saloon Car categories, Arjun Narendran and Biren Pithawalla split the ISTC wins. Aman Nagdev (ITC) and Deepak Ravikumar (IJTC) each won both races, while Diljith T S won in Super Stock. Levitas Cup winners were Pratik Sonawane in the Gentleman class and Aadam Junaid in the Rookie class. In the Royal Enfield Continental GT Cup, Kabir Sahoch won all three Amateur races, while Senthil Kumar, Navaneeth Kumar and Anish Shetty took the Pro wins.

Leadership Comments

The Executive Director, CTR Sports, said that 137 drivers/riders in a single round is something this championship has never seen in 29 years. They added that it shows One Nation One Championship is working and that every racer in India now has one clear path to a national title.

The President, FMSCI, added that a record entry, run safely across eight categories, is a credit to the organisers, officials and competitors.

Partners

The championship is organised by CTR Sports with JK Tyre, with DIA Diamonds (VNA Jewellers) as Presenting Partner. It is supported by ACCORD Group of Companies (whose portfolio includes The Accord Metropolitan, Chennai), with Bharath Institute of Higher Education and Research (BIHER) as Academic Partner.

Remaining Calendar

About CTR Sports

CTR Sports is a motorsport organising company dedicated to developing competitive racing in India through professionally run championships and industry partnerships.

Media Information

CTR Sports – Media & Communications

ranjith@chennaiturboriders.com

Website: www.ctrsports.in

Instagram: @incrc_

X: @ctrjktfmsci

YouTube: @IndianNationalCarRacingChampionship

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SEG Solar Secures Land for Planned 4 GW HJT Solar Cell Facility in Texas

Planned $950 million HJT facility is expected to add 4 GW of annual solar cell manufacturing capacity and create more than 700 local jobs

HOUSTON, Oct. 29, 2026 /PRNewswire/ — SEG Solar (“SEG”), a leading global vertically integrated solar manufacturer, today announced that it has signed a land agreement for a planned $950 million, 4 GW heterojunction (HJT) solar cell plant at its Tomball Industrial Campus in the greater Houston area.

The facility is expected to create more than 700 local jobs and is planned to come online in two 2 GW phases, targeted for 2028 and 2029. It would make the SEG Tomball Industrial Campus one of the only U.S. manufacturing locations where HJT cells, modules, and key components are made in one place.

The facility will be located adjacent to SEG’s existing 4 GW Tomball #1 module manufacturing facility and its 4.6 GW Tomball #2 module manufacturing facility currently under construction. Once completed, the HJT cell facility will bring solar cell, module and key component manufacturing together at SEG’s Tomball campus, alongside warehousing, an R&D center, a certified testing laboratory, and planned EVA and junction box production lines.

SEG’s Texas-made modules, built with U.S.-produced HJT cells, will help developers and asset owners meet domestic content requirements while improving project economics. They will also provide something increasingly valuable in today’s market: a dependable source of U.S.-manufactured supply.

Jim Wood, chief executive officer of SEG Solar, said “Bringing HJT cell manufacturing to the U.S. will give customers a more domestic supply chain with clearer sourcing and a single company standing behind the product. As the only U.S. company dedicated to integrated domestic vertical manufacturing, SEG will continue to strengthen our U.S. operations and innovation.  American-made cells, American-made modules, one company accountable.”

About SEG Solar

Founded in 2021, SEG is a leading vertically integrated PV manufacturer headquartered in Houston, Texas, U.S., and is dedicated to delivering reliable and cost-effective solar modules to the utility, commercial, and residential markets. By the end of 2025, SEG had shipped over 7.5 GW of solar modules worldwide and reached a module production capacity of 6.5 GW.

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Asymchem Completes its First USFDA Pre-Approval Inspection (PAI) of the Tianjin 4 TIDES Manufacturing Site

TIANJIN, China, Oct. 29, 2026 /PRNewswire/ — Asymchem successfully completed its first U.S. Food and Drug Administration (USFDA) Pre-Approval Inspection (PAI) of Asymchem Life Science (Tianjin) Co., Ltd.’s TIDES development and manufacturing facility (“TJ4”), which took place between June 29th to July 2^nd, 2026.

This marks the first western regulatory agency inspection of the Tianjin 4 site, which houses extensive modalities including peptides, oligonucleotides, drug product, payload linkers, excipients and small molecule API manufacturing capabilities. The PAI for a small molecule entity involved a comprehensive review of the site’s facility’s quality systems, data integrity measures, and manufacturing operations, and confirmed the rigorous quality structure in place.

“This milestone reflects the standards we hold ourselves to every day. Our systems, people and culture are built to deliver at the highest level, putting us in a position to successfully bring our valued partners through to commercialization.” stated Dr. Hao Hong, Chairman and CEO of Asymchem Group. 

The purpose-built TJ4 facility covering 41 acres integrates highly automated production for solid and liquid phase synthesis of both oligonucleotides and peptides, enzymatic ligation, prep-HPLC, TFF, as well as isolation capabilities including lyophilization, precipitation and spray drying capacity for both injectable and oral indications, with a fit-for-purpose design compliant with both NDA and BLA requirements. 

This FDA milestone reinforces Asymchem’s consistent regulatory performance, evidenced by roughly 200 annual global customer audits and over 100 regulatory inspections.

About Asymchem 

Founded in 1995, Asymchem is a leading global CDMO specializing in integrated solutions for the pharmaceutical and biotech sectors. With advanced R&D and manufacturing sites in China, the US, and Europe, Asymchem employs more than 10,000 professionals worldwide, delivers a broad range of services including small molecule, TIDES, biologics, synthetic biology, and more. The company’s ongoing investments in innovation and sustainability continue to drive value for its global client base.

For more information on Asymchem capabilities and capacities, visit www.asymchem.com 

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DEVELOPER CHARLES S. COHEN CLOSES FULL CONSTRUCTION FINANCING FOR WEST PALM POINT – WEST PALM BEACH’S NEWEST OFFICE TOWER

 Cooper Horowitz arranges construction financing for the $400 million project –

438,000-square-foot Class AA+ iconic tower

WEST PALM BEACH, Fla., Oct. 29, 2026 /PRNewswire/ — Charles S. Cohen, President/CEO of Cohen Brothers Realty Corporation of Florida, the developer and owner of West Palm Point, today announced that Cooper Horowitz has arranged full project financing for the newest office tower in West Palm Beach. The $400,000,000 project is slated for delivery in the first quarter of 2029.

“Cooper Horowitz is proud to have arranged financing for the West Palm Point development on behalf of Mr. Cohen,” said Robert Horowitz of Cooper Horowitz, who arranged the financing. “West Palm Point stood out to capital providers because of its irreplaceable location, best-in-class design, and Cohen Brothers’ long history of delivering landmark projects. We were pleased to secure a financing solution that reflects the quality of this project which will be a new iconic addition to the city of West Palm Beach’s skyline.”

Designed by world-renowned architecture firm Pelli Clarke & Partners , with Nichols Architects serving as architect of record, West Palm Point will occupy an entire city block centrally located in the heart of Downtown West Palm Beach. Upon completion, the 23-story, 438,000-square-foot Class AA+ office tower will offer ground-floor retail, an expansive 30-foot-tall lobby, 10+feet finished office ceiling heights with energy-efficient windows, in addition to a 10-story standalone parking structure containing approximately 1,200 parking spaces. The project is targeting LEED Gold and Fitwel certification.

“West Palm Point offers a competitive alternative in the West Palm Beach office marketplace that continues to attract businesses from all over the country. The project represents the culmination of over seven years of planning, contracting and creating the world-class office space that today’s office tenants deserve, and, my forty years of experience in developing and operating office buildings has allowed me to anticipate and accommodate these requirements,” said Mr. Cohen.

West Palm Point offers its tenants access to a one-acre private landscaped rooftop park with a putting green, dog park, café, performance space, and a dramatic water fixture designed by Fluidity. The tower includes a fitness center with locker rooms and showers and a conference center. The project will feature multiple dining options with retail wrapping the entire perimeter of both the office tower and garage with creative space on the second floor of the garage structure.

West Palm Point is strategically located near the Palm Beach County Convention Center, the Kravis Center for the Performing Arts, the Hilton Hotel and CityPlace and the Brightline. Palm Beach Island, President Donald J. Trump International Airport, Interstate 95 are nearby.

Executive Leasing Agents for West Palm Point are John K. Criddle and Joseph Freitas of CBRE, along with Marc Horowitz, Senior Vice President/National Director of Leasing, Cohen Brothers Realty Corporation.

The design team for West Palm Point includes EDSA as landscape architect, AREA Architects as interior architect, L’Observatoire International for lighting design, Pentagram for environmental graphics, Bliss & Nyitray as structural engineer, Langan as civil and geotechnical engineer, TLC Engineering Solutions as MEP engineer and Coastal Construction overseeing construction.

For additional inquires, contact Barbara Wagner at barbara@bwagnerpr.com or 1917.751.4387.

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Ondo Intelligent Portfolios Lineup Expands to Solana

Following more than $40 million in TVL in the first four weeks, all seven Ondo Intelligent Portfolios are now available to eligible investors through Solana wallets and apps.

GREENWICH, Conn., Oct. 29, 2026 /PRNewswire/ — Ondo Intelligent Portfolios, professionally curated investment portfolios delivered as single onchain tokens, are now live on Solana. All seven portfolios are now available to eligible investors (outside the U.S.) through leading Solana wallets and apps.

Ondo Intelligent Portfolios democratize access to professionally curated investment strategies, delivering them onchain to nearly any eligible investor with an internet connection and a wallet. Since launch, the portfolios have surpassed $40M in total value locked (TVL) on Ethereum and BNB Chain combined, making them among the largest tokenized portfolio products onchain. With this expansion to Solana, Ondo Intelligent Portfolios now arrive on a network where Ondo already has more than $500M in TVL across tokenized assets.

Seven portfolios are live today, spanning income, growth, and thematic exposure, with more planned:

• BLKHIon: Ondo High Income Powered by BlackRock
• BLKGRWon: Ondo High Growth Powered by BlackRock
• BLKDIGon: Ondo Diversified Growth Powered by BlackRock
• MAG7Xon: Ondo Magnificent 7 and Crypto Portfolio
• BRAINon: Ondo AI Leaders Portfolio
• YLD5on: Ondo 5 Targeted Income TR Portfolio
• YLD8on: Ondo 8 Targeted Income TR Portfolio

Three of the seven are based on portfolio strategies developed by BlackRock, the world’s largest asset manager, for use by Ondo. The remaining four are Ondo-designed onchain portfolios built around some of the market’s most closely watched themes, from big tech and artificial intelligence to targeted income.

Tokenized stocks are taking off on Solana 

Solana has become one of the most important venues for tokenized equities, with 1.6M+ addresses holding tokenized stocks. Investors are trading tokenized stocks and ETFs around the clock on Solana, at low cost, and inside the same wallets and apps they already use for the rest of their onchain activity.

Ondo is among the largest issuers of tokenized real-world assets on the network, with more than $500 million in TVL on Solana, and Ondo Stocks already give investors on Solana access to hundreds of tokenized U.S. stocks and ETFs.

How it works: one token, one portfolio

Each Ondo Intelligent Portfolio combines multiple assets into a single onchain token. Every holding is visible, and the portfolio is rebalanced programmatically so investors don’t have to manage a basket of underlying positions manually. The result is diversified exposure in one token that investors can hold in their wallets and transfer like any other tokenized asset.

Why it matters: institutional-grade investing, open to more investors

Diversified portfolios built by professional allocators have long been offered mainly to institutions and investors with private wealth managers. Everyone else has had to assemble a portfolio piece by piece across separate accounts and assets.

Ondo Intelligent Portfolios change that. On Solana, any eligible investor with a wallet can now hold the same kind of professionally designed allocation through the apps they already use. They get diversified exposure, full visibility into every holding, and rebalancing they never have to manage.

“Ondo Intelligent Portfolios were built to put professionally curated investment strategies within reach of any eligible investor with a wallet, and seven live portfolios with more than $40 million in TVL in four weeks tell us that’s exactly what investors want,” said John Hoffman, Managing Director and Head of Portfolios at Ondo Finance. “Expanding to Solana puts that access in front of one of the most active onchain user bases, inside the apps they already trade on every day, and makes every portfolio composable across the Solana ecosystem. This is a foundation we’ll keep building on, with more portfolios to come.”

“Tokenized assets are one of the fastest-growing categories on Solana, and the demand we’re seeing for tokenized stocks shows investors want real-world exposure onchain,” said Nick Ducoff, GM, Institutional, Solana Foundation. “With Ondo Intelligent Portfolios, investors can move beyond single assets and hold a complete portfolio in one token. That’s the next chapter of tokenization, and it’s happening on Solana.”

Ondo intends to continue expanding the lineup with additional onchain portfolios over time. To explore the seven live portfolios and learn more, visit app.ondo.finance.

About Ondo Finance

Ondo Finance is a blockchain-based platform focused on tokenizing real-world assets and bringing institutional-quality financial products onchain. By bridging traditional finance and decentralized infrastructure, Ondo aims to make capital markets more accessible, transparent, and efficient.

About Ondo Stocks

Ondo Stocks (previously known as Global Markets) is an issuance and redemption platform for tokenized publicly traded U.S. stocks and ETFs. It enables eligible investors outside the United States to gain economic exposure to these assets by minting, transferring, and redeeming securities-backed tokens. Each token is fully backed by the corresponding stock or ETF (together with cash in transit).

About BlackRock

BlackRock’s purpose is to help more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Disclaimers

[*] The tokenized assets referenced herein (i.e. (i) the tokenized stocks, tokenized ETFs and tokenized ADRs now known as Ondo Stocks, and formerly known as Ondo tokenized stocks and ETFs, or as Ondo Global Markets tokens, (collectively, the “Ondo Stocks”) and (ii) USDY tokens (collectively, the “Tokens”) have not been registered under the US Securities Act of 1933, as amended (the “Act”) or the securities or financial instrument laws of any other jurisdiction. The Tokens may not be offered or sold in the United States or to US persons unless registered under the Act or an exemption from the registration requirements thereof is available. In certain jurisdictions, including the United Kingdom, Switzerland and Singapore, the Ondo Stocks and USDY tokens are offered and sold only to qualified investors or professional clients, as the case may be (or that jurisdiction’s analogue thereof). Other jurisdiction-based prohibitions and restrictions apply. The issuer of the Tokens is not registered as an investment company under the US Investment Company Act of 1940, as amended, or as an Alternative Investment Fund or Undertaking for Collective Investment in Transferable Securities in the EEA, or under the securities or financial instrument laws of any other jurisdiction.

Ondo Stocks provide their holders with economic exposure to the value of their underlying assets, including the value of dividends (less applicable tax withholdings). However, Ondo Stocks are not themselves stocks, ETFs or ADRs and the Ondo Stocks do not provide their holders with rights to hold or receive their respective underlying assets. Similarly, USDY tokens provide their holders with economic exposure to short-term US treasuries, but USDY tokens are not themselves US treasuries and do not provide their holders with rights to hold or receive any US treasuries.

In the EEA/EU, a base prospectus relating to the Tokens has been approved by the Financial Market Authority Liechtenstein (FMA) and notified, at the issuer’s request, to certain EEA Member States (the “Relevant EEA States”), making many Ondo Stocks available to both professional and retail investors, though certain Ondo Stocks are only available to professional investors in the EEA/EU. The prospectus is published at app.ondo.finance at each applicable Token’s webpage. The approval of the prospectus should not be understood as an endorsement of the Tokens. Investors residing in the EU/EEA should read the prospectus, and the relevant final terms and KID for each applicable Token, before investing in order to fully understand the potential risks and rewards associated with the decision to invest. This notice is a marketing communication and does not constitute a prospectus.

Certain Ondo Stocks (referred to in the UAE as “Digital Securities”) have been admitted to trading on Nest Exchange Limited, a Multilateral Trading Facility for Digital Assets operated by Binance in the Abu Dhabi Global Market (“ADGM”), authorised by the Financial Services Regulatory Authority (the “FSRA”). Such Digital Securities are available for trading by those investors eligible for a Binance account. The ADGM FSRA has no responsibility for reviewing or verifying any documents in connection with the admission to trading of such Digital Securities in the ADGM. The FSRA has not approved the documents in connection with the admission to trading nor taken steps to verify the information set out in it and has no responsibility for it. No offer of securities is being made in ADGM. Prospective purchasers of such Digital Securities admitted to trading should conduct their own due diligence on such Digital Securities.

In the United Kingdom, the communications herein may be deemed a financial promotion pursuant to Section 21 of the Financial Services and Markets Act 2000. To the extent that any such finding is made, the communications herein are only intended for, and directed at, investment professionals as defined in article 19 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (the “FPO”) who have experience of interacting with the Ondo Stocks and USDY tokens; high net worth companies as defined in article 49 of the FPO, and/or any other persons to whom lawful communication is permitted. Any person not falling within these categories is not permitted to act upon anything within the communications herein, and shall not be entitled to rely upon their contents. Ondo Global Markets (BVI) Limited will not enter into arrangements with such persons concerning Ondo Stocks and USDY tokens as a result of this or any other communication.

The Tokens are issued by Ondo Global Markets (BVI) Limited, a British Virgin Islands business company. OUSG tokens are issued by Ondo I LP, a Delaware (USA) limited partnership (the “Fund”). Ondo Finance Inc., a Delaware (USA) corporation, provides tokenization services to, and is an equity holder of, Ondo Global Markets (BVI) Limited.

The communications herein are only intended for eligible purchasers of, or for actual or potential business relationships or technical integrations with respect to the Tokens. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any Tokens. Nothing herein constitutes investment, legal, tax or financial advice. Acquiring the Tokens involves risks. A holder of the Tokens may incur losses, including total loss of their purchase price. Past performance is not an indication of future results. Investors are responsible for conducting their own research, investigation, verification, checks or consultation for professional or investment advice.

The communications herein may contain forward-looking statements, including, but not limited to, statements regarding future financial performance, business strategies, or expectations for the growth or development of Ondo Finance, Ondo Global Markets (BVI) Limited, or any of their respective affiliates (each, an “Applicable Entity”). These statements are based on management’s current expectations, estimates, projections, and beliefs, and are subject to a number of risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. Forward-looking statements can be identified by the use of terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other similar expressions. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, but are not limited to, the following: economic, competitive, legal, governmental, and technological factors affecting the operations, markets, products, services, or prices of any Applicable Entity. No Applicable Entity undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

The Token issuers, their affiliates, their respective shareholders and members, and their respective directors, officers, employees, consultants, agents and representatives (the “Ondo Persons”) do not endorse, the Ondo Persons do not make any representation or warranty whatsoever (express or implied, including but not limited to any warranty of merchantability, fitness for a particular purpose, or non-infringement) regarding, and THE ONDO PERSONS SHALL NOT HAVE ANY LIABILITY WHATSOEVER WITH RESPECT TO ANYONE’S USE OF, any third-party products, services or technologies referenced herein.

Additional terms and restrictions apply. See docs.ondo.finance/legal/terms-of-service, docs.ondo.finance/ondo-stocks, ondo.finance/stocks, app.ondo.finance and (as applicable) the Token offering documents for details.

BlackRock Fund Advisors (“BlackRock”) is not the investment adviser, sub-adviser, portfolio manager, manager, sponsor, promoter, underwriter, marketer or distributor of the Onchain Portfolios or the Tokens, and does not manage, and exercises no discretion over, the Onchain Portfolios. BlackRock’s role is limited solely to providing one or more nondiscretionary model portfolio strategies (“Portfolio Strategies”) to Ondo Global Markets (BVI) Limited (“Ondo”) based on specifications provided by Ondo to BlackRock. BlackRock does not select, endorse, recommend, or make any investment decision with respect to any Onchain Portfolio or any assets held by any Onchain Portfolio, and any Onchain Portfolio may differ from the corresponding Portfolio Strategy for a variety of reasons. BlackRock shall have no obligation to provide updates to each Portfolio Strategy after the initial delivery of the Portfolio Strategy to Ondo except in certain limited circumstances. It is at Ondo’s arrangement whether any related Onchain Portfolio is similarly updated. Therefore, the Onchain Portfolios may not incorporate changes in the market or other events nor update in line with the Portfolio Strategies. BlackRock has no investment advisory, investment management, fiduciary, client or other relationship with, and owes no responsibilities or duties to, any investor or prospective investor in the Tokens or the Onchain Portfolios. The Portfolio Strategies are not designed to be suitable for any specific investor and do not take into account the individual needs, objectives or risk tolerance of any investor or prospective investor. BlackRock has not prepared or approved this document or any other offering or marketing material, and is not responsible for the tokenization, issuance, distribution, custody, or operation of the Tokens or the Onchain Portfolios. BlackRock is not making any offer to sell nor soliciting any offer to buy any securities. An investment in the Tokens involves risk, including the possible loss of principal, and past performance is not indicative of future results.

Investors have no right, title, interest, or claim in or to any of the funds or securities underlying any Onchain Portfolio (the “Underlying Funds”) or any recourse to any manager of the Underlying Funds, and such Underlying Funds are not being offered, marketed, or distributed to Investors by BlackRock or Ondo, whether directly or indirectly through the Tokens or the Onchain Portfolios. The Tokens constitute separate and distinct securities issued by Ondo and do not represent any interest in the Underlying Funds.

The Portfolio Strategies will include funds sponsored and managed by BlackRock and its affiliates, which will pay fees to BlackRock and its affiliates for providing management, administrative, or other services. Accordingly, BlackRock has a potential conflict of interest in connection with providing the Portfolio Strategies, as an investment in such funds by the Onchain Portfolio will increase compensation to BlackRock and its affiliates. BlackRock has an incentive to provide a Portfolio Strategy that contains funds that would result in increased levels of compensation being paid to BlackRock and its affiliates by such funds.

Additional information about BlackRock, including its Form ADV, is available from the U.S. Securities and Exchange Commission’s Investment Adviser Public Disclosure website at https://adviserinfo.sec.gov.

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Solink Raises $100+ Million in Fresh Funding: NYSE Content Update

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Oct. 29, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on October 29th

• Solink says its latest funding will accelerate expansion
  • The startup turns existing cameras into real-time sources of business intelligence.
  • Co-founder and CEO Mike Matta will join NYSE Live to discuss how vision-language models have reached the point where they can reason similarly to the ways humans do.
• Big3 Co-founder + CEO Ice Cube looks ahead to BIG3’s public listing
  • His 3-on-3 basketball league is set to go public via a SPAC merger with Graf Global Corp.
  • ICE Cube will join NYSE Lead Content Creator Kristen Scholer for an interview that will air in the coming days.
• Investors navigate a flurry of economic data and earnings developments.
  • The Federal Reserve held interest rates steady at a target range of 3.75% to 4% on Wednesday.
  • NYSX Component Microsoft is looking at a higher open after its FY 2027 Q1 earnings beat top and bottom-line estimates.

Opening Bell

Verizon (NYSE: VZ) marks the launch of its Small Business Supplier Accelerator

Closing Bell

SmartBank (NYSE: SMBK) celebrates its listing on the New York Stock Exchange

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App and check out the NYSE YouTube: TV.NYSE.com and YouTube.com/@NYSEofficial

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HelpMeSee Releases New Pathway to Eliminating Cataract Blindness by 2045

The new pathway explores what it will take to build sustainable cataract care and calls for partnership across the global eye-health community

JERSEY CITY, N.J., Oct. 29, 2026 /PRNewswire/ — HelpMeSee has launched The Pathway to Eliminating Preventable Cataract Blindness by 2045, outlining the interconnected elements needed to build sustainable cataract care and calling for partnership across the global eye-health community.

The Pathway is being released alongside the Global Summit for Eye Health, taking place November 2 in St. John’s, Antigua and Barbuda, coordinated by the International Agency for the Prevention of Blindness (IAPB). The high-level Summit will bring together government leaders, primarily form the British Commonwealth of Nations international organizations, Non-Governmental Organizations (NGOs), funding institutions and private-sector leaders to advance commitments and action on avoidable sight loss.

Cataract blindness is treatable, yet millions of people continue to live with cataract-related blindness and vision impairment because quality surgical care is not readily accessible around the world. The HelpMeSee backed pathway suggests that eliminating this burden requires looking beyond any single intervention and strengthening the entire system connecting unmet need with sustainable, quality care.

“What happens after a patient is identified as someone who needs cataract surgery? There must be a qualified professional with the skills to treat that patient, a health system that enables them to provide quality care, and a pathway for patients to access those services. Building that capacity requires organizations with different capabilities working together. That is the conversation we want this pathway to advance,” says Doug May, HelpMeSee, CEO and President.

From Unmet Need to Sustainable Cataract Care

The Pathway to Eliminating Preventable Cataract Blindness by 2045 identifies a series of interconnected requirements for sustainable progress: identifying unmet cataract need; building a qualified and appropriately distributed surgical workforce; expanding high-quality training capacity; developing and demonstrating surgical competency; supporting transition into live surgery; establishing sustainable local surgical capacity; connecting patients with accessible and affordable quality care; and ultimately increasing effective coverage and reducing untreated cataract blindness.

The framework also recognizes that progress depends on broader conditions including health-system infrastructure, equipment, financing, regulation, mentorship, patient access, measurement, quality assurance, and partnership.

No single organization controls all of these factors.

For HelpMeSee, one of the most critical constraints is the availability of appropriately trained surgical professionals. The organization works with partners to expand access to instructor-led, competency-based cataract surgical training using high-fidelity simulation, standardized curricula, eLearning, assessment and training-management systems.

Simulation allows learners to repeatedly develop transferrable surgical skills in a controlled environment without touching a patient. HelpMeSee views simulation-based training as a way to strengthen, scale and accelerate an important segment of surgical workforce development, and not a replacement, preparing the trainee for a smooth transition to supervised live surgery.

A Call for Partnership

The Pathway is also an invitation to organizations that can contribute different capabilities to the larger global effort.

HelpMeSee is seeking conversations with governments and ministries of health, hospitals and health systems, universities and training institutions, eye-health organizations, NGOs, funders, technology and innovation companies, and clinical partners interested in strengthening sustainable cataract surgical capacity.

Potential collaboration could include expanding cataract surgical training capacity, strengthening national or institutional workforce development, supporting pathways into supervised clinical experience, investing in sustainable training infrastructure, advancing surgical education technology, or integrating workforce development into broader eye-health programs.

“HelpMeSee has an important role to play, but we are only one part of a much larger ecosystem. Our goal is to identify where our capabilities intersect with those of governments, institutions, funders, technology partners and other eye-health organizations so that together we can build sustainable capacity where it is needed most,” says Thomas Myhren, Chief of Business Development and Advocacy at HelpMeSee.

The Pathway is intended to begin, rather than conclude, the conversation. HelpMeSee plans to follow the initial framework with additional thought leadership in 2027 examining the data, metrics, actions, and milestones needed to measure progress toward the long-term goal.

No single organization is the pathway. The pathway is what the global eye-health community builds together.

Organizations and delegates interested in exploring the 2045 Pathway, downloading the thought leadership paper or discussing partnership opportunities with HelpMeSee can visit: helpmesee.org/pathway2045

Or contact: 

Thomas C. Myhren

Chief of Business Development and Advocacy

partnerships@helpmesee.org

About HelpMeSee

In a world where 100 million people are blind or visually impaired due to cataract, HelpMeSee, a not-for-profit under IRS 501(c)(3), has the global mission to eradicate cataract blindness by increasing the training of Manual Small Incision Cataract Surgery (MSICS). This high quality, very low-cost procedure delivers successful outcomes at a fraction of the cost of alternative procedures. The HelpMeSee MSICS training system features very high-fidelity, virtual reality simulation with realistic haptic feedback, sophisticated competency courseware, learning management systems, and electronic learning aids.

HelpMeSee was founded by Al and Jim Ueltschi, who imagined building the MSICS training system by incorporating many of the methods and techniques used successfully in commercial pilot training. As co-founder of Orbis International where he served as its chairman for 35 years. He founded FlightSafety International, the world’s foremost aviation training company. Al Ueltschi was an icon in the aviation industry and was devoted to ending preventable blindness in the developing world. HelpMeSee trains high quality, very low-cost MSICS to ensure that all communities have access to sight restoring affordable treatment. With more than 40 simulators and 19 training centers worldwide, HelpMeSee partners with governments, universities and innovators to fight the global cataract blindness crisis. For more information, visit http://www.helpmesee.org.

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ProHance Launches AI Adoption Index to Measure AI ROI

A scorecard to help organizations confirm that AI use is approved, applied to real work and producing results

BENGALURU, India, Oct. 29, 2026 /PRNewswire/ — ProHance, an AI-led Productivity Orchestration platform, today launched the AI Adoption Index, an AI realization scorecard that helps enterprises measure AI usage and confirm that it is on approved tools, applied to real work and turning into delivered value.

The launch comes as unmanaged AI use draws closer scrutiny from security and risk teams. A 2026 industry study of data breaches found that incidents involving shadow AI (AI tools, browser extensions and agents used by employees without IT approval) accounted for 43% of all breaches, up from 20% in 2025. Among organizations that reported an AI-related security incident, 92% lacked adequate AI access controls.

Enterprises can usually see who uses AI and how much. Leadership still lacks answers on whether that use is sanctioned, whether it reaches real work, and what it produces. The AI Adoption Index gives leaders a single, evidence-based view to understand whether AI-First teams are driving outcomes.

For every enterprise, the AI Adoption Index lets leaders:

• Map: See how AI is being used across teams, and place each team on a maturity model from AI-Aware to AI-First.
• Measure: Identify which teams are behind on adoption, and how much capacity is being freed for higher-value work.
• Mitigate: Detect shadow AI, route each tool through a review workflow and keep a permanent audit trail.

Usage analytics stop at activity. Governance and security tools control approval and spend but cannot show whether AI changes how work gets done, and a separate set of tools tracks output shipped. The AI Adoption Index brings all three views together in one place, across every AI tool and every team.

“ProHance is envisioning to solve a critical problem of assessing AI’s impact on the workforce by helping leaders understand how to reskill and reshape their workforce with AI by measuring actual impact of AI and humans together,” said Ankur Dhingra, CEO, ProHance. “AI Adoption Index shows leaders who is using what, how deeply, at what cost, and where AI is running without approval, measured from the work itself, so they can decide where to act.”

The Index follows ProHance’s launch of its outcome measurement layer for Outsourcing Performance Management (OPM), which gives enterprises independent evidence of what their outsourced and contingent teams deliver. Across both launches, ProHance is focused on driving visibility for enterprises, so that AI-ready organizations can improve outcomes from their people and their AI together.

About ProHance

ProHance is an AI-led Productivity Control Room platform that gives enterprises real-time visibility into productivity, operations and workforce performance. By combining AI, analytics and automation, ProHance helps organizations optimize efficiency, improve compliance, reduce costs and drive better business outcomes. ProHance is trusted by more than 450,000 users across 55+ countries and has been named the Star Performer in the Everest Group People Analytics Platforms PEAK Matrix® 2026. For more information, visit www.prohance.ai or follow ProHance on LinkedIn.

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Vasudev Jagannath to Become IIFL Capital MD; Firm to Launch NBFC

• Consolidated operating revenues for the quarter was ₹722 crores, up 14% Q-o-Q and 22% Y-o-Y
• Operating profit before tax for the quarter stood at ₹206 crores, up 38% Q-o-Q and 25% Y-o-Y
• As of September 30, 2026, total assets under management stood at ₹2,64,154 crores

MUMBAI, India, Oct. 29, 2026 /PRNewswire/ — 

Summary: Consolidated – Q2FY27

Summary: Consolidated – H1FY27

Mr. R. Venkataraman, Managing Director, IIFL Capital Services Ltd, said, “In Q2FY27, we maintained strong operating momentum, with operating revenues growing 22% y-o-y. This performance was supported by growth witnessed in institutional equities, underscoring the resilience of our diversified platform amid market volatility.”

Non-Institutional Business

IIFL Capital is a key player in the capital market with over 2,600+ partners and 90+ branches across India to service clients.

For the quarter, the average daily market turnover (including F&O) for the broking business was ₹3,05,073 Crores (BSE + NSE), down 3% Q-o-Q and up 16% Y-o-Y.

Financial Product Distribution AUM stood at ₹60,772 crores up 6% Q-o-Q.

Investment Banking

Investment banking division completed 28 deals across capital markets and private placement/advisory in Q2FY27. Select transactions completed includes IPO for National Stock Exchange of India, Horizon Industrial Parks, Leap India, MilkyMist Dairy, RentoMojo, Money View, Kanohar Electricals, Molbio Diagnostics, Manipal Payments, Laser Power & Infra, QIP for, Adani Enterprises Limited, Adani Energy Solutions, Aditya Infotech, Netweb Technologies, OFS for Life Insurance Corporation of India, Knowledge Realty Trust and other advisory transactions. The deal pipeline remains robust and there are multiple transactions which are at various stages of execution.

Update on Fairfax Investment

The Company has received all requisite regulatory and shareholder approvals for the proposed change in control pursuant to FIH Mauritius Investments Ltd and its affiliate (“Fairfax”) acquiring up to 51% stake in the Company through a preferential allotment, open offer and arrangements with the existing promoters. The preferential allotment and open offer are under implementation and will be completed within the prescribed statutory timelines. The promoter arrangements will be subject to the outcome of shares tendered in the open offer.

Upon completion of the transaction, Fairfax will join the Promoter Group alongside the existing promoters. Fairfax will also have the right to nominate up to two directors to the Board, for which shareholder approval has been received.

Proposed Incorporation of a Wholly Owned NBFC Subsidiary

The Company proposes to incorporate a wholly owned subsidiary that will apply for an NBFC license. The initiative aligns with the Company’s strategy to expand its financial services offerings and develop dedicated lending and credit capabilities, with a focus on high-net-worth (HNI) and ultra-high-net-worth (UHNI) clients. Subject to the requisite regulatory approvals, the subsidiary is intended to offer structured lending solutions, including financing against financial assets, promoter funding and bespoke credit products to meet clients’ investment and liquidity needs.

Proposed Leadership Succession Planning

As part of its leadership succession, the Board has approved the appointment of Mr. Vasudev Jagannath as Additional Director and Whole-time Director for three years, subject to requisite approvals. With nearly two decades of experience with the Company, deep Capital market knowledge and broad leadership experience, Mr. Vasudev is well positioned to lead the Company through its next phase of growth and will accordingly be re-designated as Managing Director with effect from January 1, 2027. Mr. R. Venkataraman will continue to serve on the Board of Directors.

About IIFL Capital Services Ltd (IIFL Capital)

IIFL Capital Services Ltd (NSE: IIFLCAPS) (BSE: 542773) is one of the key capital market players in the Indian financial services space. IIFL Capital offers broking services, wealth management, financial products distribution, institutional broking & research and investment banking services.

This document may contain certain forward-looking statements based on management expectations. Actual results may vary significantly from these forward-looking statements. This document does not constitute an offer to buy or sell IIFL Capital products, services or securities. The press release, results and presentation for analysts/press for the quarter & half year ended September 30, 2026, are available under the Investor Relations section on our website www.iiflcapital.com.

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