Rydex Investments, a Rockville, Md., investment firm, said it launched six currency-based exchange-traded funds on the New York Stock Exchange Monday.
The products, called CurrencyShares, are to track the price movements of their associated underlying currencies - the Australian dollar, British pound sterling, Canadian dollar, Mexican peso, Swedish krona, and Swiss franc.
Rydex manages $14 billion of assets in more than 60 mutual funds and exchange-traded portfolios.
The payments giant is counting on the FIFA World Cup this summer for windfalls in its consumer and commercial businesses. Long-term, agentic commerce is creating a whole new ecosystem to which Visa can attach itself, Visa CEO Ryan McInerney said on a call with analysts.
For the Denver-based parent company of Sunflower Bank, the first quarter of 2026 was not entirely sunny. Loans grew dramatically, but so did charge-offs, with the lender charging off two credits worth more than $10 million.
The investment firm's Alternatives division comprised a majority of the online lender's $60 million Series C funding round.
While stablecoins aren't widely used for payments, banks still have a role to play in leading the market.
Celtic Bank is the latest large Small Business Administration lender to turn to an AI origination platform for smaller-dollar loans. Live Oak Bank, which has been piloting the same platform, says it's poised for big growth in the same segment.
The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
