Lido plans to invest $60 million to expand its stablecoin yield business.
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according to official sources, Lido has proposed a 2026 budget plan, expecting to invest 60 million USD to transition from a single product to a diversified product portfolio, targeting institutional clients and expanding stablecoin yield business. The proposal states that stablecoin and other asset class-related products will be developed to create new revenue streams and ensure the protocol's long-term resilience.
According to Dune Analytics data, Lido currently holds a 28% market share in the Ethereum staking market, managing over 9.8 million ETH (worth approximately 34 billion USD).
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Under financial pressure from AI investments, Microsoft offers voluntary severance packages to 60,000 employees, affecting departments such as Xbox and Windows
As of the end of June, Microsoft had a total of 223,000 employees worldwide. This latest round of measures involves more than one-quarter of the total workforce, covering departments such as Xbox, Windows, Copilot, and Finance. Positions related to data centers, sales, cybersecurity, and quantum computing are not included. A Microsoft spokesperson stated that the proportion of employees expected to accept the proposal is below 30%. Microsoft is scheduled to release its financial report on Wednesday, and the market is focused on whether its investments in AI have begun to yield quantifiable returns.
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