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DeFi Development Surges 235% on Crypto Enthusiasm, Leads FinTech IPO Index Gains

  • DeFi Development (formerly Janover) surged over 235% due to enthusiasm for digital assets and a strategic partnership with BONK in the Solana ecosystem.
  • Katapult reported positive growth in the first quarter, with app originations up 42% YoY and gross originations reaching $64.2 million.
  • KE Holdings saw a 34% YoY increase in first-quarter gross transaction value, while Riskified's stock remained stable despite 8% revenue gain in its earnings report.
  • SoFi introduced Galileo Payment Method Switch to streamline consumer bill payments, while Toast launched Menu Price Monitor to track menu pricing trends in the restaurant industry.

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