Ethereum Co-Founder: More Funding Will Propel Organization to Help Ethereum Become Global Settlement Layer

June 22 — According to a report from The Information, Morgan Stanley is prioritizing leveraged loan financing for data center developers instead of traditional bond financing, with such issuances projected to reach roughly $15 billion this year. Definition: Leveraged loans refer to floating-rate loans extended to companies with lower credit ratings or high leverage levels. Click the link to the original article below to join BlockBeats’ Feishu AI News Channel, which monitors global AI trends and news 24/7.

Bitget market data shows that on June 22, the Seoul Composite Index reversed its intraday course after gaining more than 2% earlier.

June 22: JPMorgan lifts Tesla’s (TSLA.O) price target to $375 from the prior $350.

On June 22nd, according to Bitget market data, SK Hynix’s market capitalization briefly exceeded Samsung Electronics’ during intraday trading, making it the highest-valued company in South Korea.

On June 22, Bloomberg reported that Kang Young-sun, head of South Korea’s President’s Policy Office, said policymakers need to watch how the wealth generated by South Korea’s chip-driven economic boom will trickle down to the broader economy. He warned that historical data shows excess liquidity often flows straight into the real estate market. Kang noted the global AI boom has spurred a massive jump in South Korea’s semiconductor industry profits, pushing the country’s nominal economic growth to its fastest pace in more than 20 years. While overall economic figures show an unusually strong growth trend, many ordinary households and small businesses haven’t actually benefited from this upswing. The policy official stressed South Korea’s current economy has a clear structural divide: on one hand, AI and chip sectors are raking in huge profits; on the other, regular residents and small businesses in the wider real economy still haven’t seen meaningful improvements in their financial we

June 22 (Bloomberg) — CSOP Asset Management Ltd. will raise the options investment limit for its $14.4 billion leveraged ETF tied to South Korean chipmaker SK Hynix. The move comes after a sharp rally in SK Hynix’s stock, which will grant the fund’s managers increased operational flexibility. In a Sunday statement, CSOP announced the adjustment, effective Tuesday: the fund may now allocate up to 49% of its net asset value (NAV) to options, up from the prior cap of 40%. This 40% limit was itself an increase from the 25% level set back in May of this year. SK Hynix’s shares have been surging amid robust demand for its High Bandwidth Memory (HBM) chips, driven by the global AI boom. This rally has attracted large inflows into the 2x leveraged ETF. To maintain the product’s leverage target and accommodate the fund’s rapid growth, CSOP has been gradually loosening limits on its use of options and other derivatives. Click the original link below to join the BlockBeats Beating | Feishu AI