PANews reported on October 11th that tokenization company Securitize is in talks to form a special purpose acquisition company (SPAC) through Cantor Fitzgerald LP, citing people familiar with the matter. A merger with Cantor Equity Partners II Inc. would value Securitize at over $1 billion. Discussions are ongoing, and Securitize may decide to remain private. Cantor Equity II previously raised $240 million in an initial public offering in May.



US President Donald Trump and UK Prime Minister Keir Starmer signed a memorandum of understanding on Thursday during Trump's state visit to the United Kingdom. The United States and the United Kingdom signed a memorandum of understanding on Thursday to jointly develop artificial intelligence, nuclear energy, telecommunications and quantum computing for a wide range of uses including space travel, military defense, targeted biomedical drugs and medical procedures.The MOU, which is not legally binding and changes no existing agreements between the two countries, proposes joint research initiatives between a host of government departments and agencies in both countries to study these emerging technologies.The two countries will form a task group to develop quantum computing hardware, software, algorithms and interoperability standards, according to the MOU.Read more