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Crypto.com Announces $400 Million Strategic Investment from Citadel Securities

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KATY, Texas, July 16, 2026 /PRNewswire/ — Crypto.com (“the Company”) today announced a strategic $400 million investment from Citadel Securities valuing the Company at $20 billion. The milestone marks the first institutional funding round in the Company’s decade-long history.

Citadel Securities’ investment comes as the industry is undergoing rapid institutionalization, with crypto increasingly serving as fundamental infrastructure for a greater part of the capital markets. Funding is expected to accelerate Crypto.com’s expansion into all asset classes, including tokenized securities and derivatives, bridging the gap between digital asset and traditional markets to create a more efficient 24/7 financial ecosystem.

“We are thrilled to work with Citadel Securities to continue driving the crypto industry into a new era of institutionalization,” said Kris Marszalek, Co-Founder and CEO of Crypto.com. “The size of the opportunity in front of us is staggering, as crypto increasingly becomes the rails for finance. Having built the right regulatory and tech infrastructure over the last decade, Crypto.com is now perfectly positioned to capture this new wave of growth across all asset classes.”

“The convergence of traditional financial markets and digital asset infrastructure is an exciting evolution with the potential to further improve market efficiency,” said Jim Esposito, President of Citadel Securities. “Crypto.com has built a foundation to support the continued institutionalization of the digital asset market, and we are pleased to collaborate with the Crypto.com team as we help create the capital markets of the future.”

About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and development of new use cases including prediction markets and tokenized RWAs.

Learn more at https://crypto.com.

About Citadel Securities
Citadel Securities is a technology-driven, next-generation global market maker. We provide institutional and retail investors with world-class liquidity, competitive pricing and seamless front-to-back execution in a broad array of financial products. Our teams of engineers, traders and researchers harness leading-edge quantitative research and the accelerating power of compute, machine learning and AI to power our analytics and tackle the market’s and our clients’ most critical challenges. Together, we are forging the future of capital markets. For more information, visit CitadelSecurities.com.

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SOURCE Crypto.com

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Texas Instruments board declares third quarter 2026 quarterly dividend

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DALLAS, July 16, 2026 /PRNewswire/ — The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.42 per share of common stock, payable August 11, 2026, to stockholders of record on July 31, 2026.   

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

TXN-G

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SOURCE Texas Instruments Incorporated

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Drake Expands End-to-End Professional Services with Launch of Drake Audit Defense™

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New post-filing audit defense service extends Drake Software’s support beyond tax preparation, helping firms save time while delivering greater value to clients.

FRANKLIN, N.C., July 16, 2026 /PRNewswire/ — Drake Software, a leader in professional tax preparation solutions, today announced the launch of Drake Audit Defense™, a new post-filing audit defense service designed to help tax professionals better support their clients after a return is filed. The new offering represents another step in Drake’s continued investment in delivering integrated products and services that support tax professionals throughout the entire client journey—from intake to post-filing.

Enrollment for Drake Audit Defense is available now for Drake Software customers for Tax Year 2026 returns. Customers can enroll by logging into their account at DrakeSoftware.com

Drake Audit Defense provides tax professionals with an easy-to-offer service that helps clients navigate eligible IRS and state tax notices, audit assistance, and qualifying tax-related identity theft assistance. By reducing the administrative burden associated with post-filing issues, firms can spend less time managing notices and audits while providing additional value and peace of mind to their clients.

“Tax professionals are looking for more than software—they’re looking for solutions that help them run more efficient practices and deliver exceptional client experiences,” said Alice Curry, Chief Customer Offer. “Drake Audit Defense is another example of how we’re expanding the Drake ecosystem with integrated services that support firms before, during, and after tax season.”

“Our goal is to make it easy for firms to manage the products and services they rely on in one connected Drake experience,” said Curry. “By integrating Drake Audit Defense alongside our growing portfolio of workflow solutions and enhancements, we’re giving customers greater visibility into their practice, fewer administrative tasks, and a simpler way to manage their business while delivering even more value to their clients.”

Drake Audit Defense is designed specifically for Drake Software customers and integrates seamlessly into existing workflows, making it simple to enroll clients during the tax preparation process while providing trusted support by credentialed tax experts when post-filing issues arise.

About Drake Software

For more than four decades, Drake Software has provided innovative tax preparation and practice management solutions that help tax professionals serve their clients with confidence. Today, Drake continues to expand its ecosystem with integrated products and services that support firms from client intake through post-filing, helping practices work more efficiently while delivering exceptional client experiences.

Media Contact:
Colleen Woods Heikka
Sr. Director, Product Marketing
Colleen.woods@Taxact.com

+1-781-588-6339

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SOURCE Drake Software, LLC

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IronSpark Studios Launches in Birmingham, AL

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IronSpark is a new creative studio focused on animation, game development, and interactive experiences.

BIRMINGHAM, Ala., July 16, 2026 /PRNewswire/ — Storytelling has a new home in Birmingham, Alabama, with the launch of IronSpark Studios, a creative media company focused on animation, game development, and interactive experiences. Guided by its mission to build stories that engage, excite, and entertain, IronSpark Studios develops original and client-driven intellectual property and digital experiences.

Production is shifting away from traditional big studios and moving rapidly toward independent creators and agile, small studios. Founded on the belief that world-class creative belongs in Birmingham, IronSpark Studios collaborates with local creatives, businesses and organizations while working to attract animation, game development and interactive media production to the region.

“Our vision is to create experiences that inspire audiences, spark imagination and leave a lasting impact,” said Brass Bralley, co-founder and managing director. “We believe Birmingham is a place where creative talent can grow, collaborate and help shape the future of storytelling.”

The studio operates through three divisions—Animation, Games and Interactive—creating content for film, commercial projects, video games, immersive exhibits and emerging digital experiences.

IronSpark Studios is partnering with clients and intellectual property owners while developing original projects of its own, helping bring more animation, game development, and interactive media production to Birmingham.

“I’ve chosen to build many businesses in the Birmingham ecosystem, and the choice to build IronSpark here was a simple one,” said Mazi Rasulnia, co-founder and consulting partner.  “Birmingham has a vibrant community of innovators and creators, and IronSpark will be a great addition.”

Among those projects is its first original animated short film, The Purple Sky Peanut Butter Club. Based on a true story of heroism and sacrifice, the dialogue-free animated short explores the power of small traditions and their ability to provide healing through grief and transcend generations.

“The stories we create are meant to connect people,” said Wink Winkler, co-founder and head of creative. “Whether that’s through film, series, a video game or an interactive experience, at the end of the day, the story is at the heart of everything we create.” 

Contact: Brass Bralley, Co-Founder and Managing Director, Brass@ironsparkstudios.com

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SOURCE IronSpark Studios

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