Manila fell four places to 91st out of 94 financial centers in the 16th edition of The Global Green Finance Index (GGFI) released by commercial think-tank Z/Yen Group as part of its Long Finance initiative. With an overall rating of 486, the Philippine capital ranked lowest among its East and Southeast Asian peers. The index assesses the quality and depth of green financial products of financial centers, tracking progress toward sustainable and responsible finance.


Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products. Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.”It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which. Read more
