TLDR

• First quarter revenue climbs 3.9% year-over-year, topping $2.19B consensus.
• Earnings per share lands at $0.83, falling short of $0.87 projection, pressuring shares 1.28% lower.
• Competitor results vary: Tetra Tech advances while Pitney Bowes recovers ground.
• Wall Street keeps $54.67 average price objective intact through current headwinds.
• Top-line momentum persists while profitability concerns weigh on investor confidence.

Shares of ABM Industries Incorporated (ABM) retreated to $43.28, declining 1.28% following the publication of first quarter financial results. The facility services provider posted quarterly revenue totaling $2.2 billion, marginally surpassing the Street’s $2.19 billion projection. Earnings per share, however, registered at $0.83, falling below the anticipated $0.87 figure.

ABM Industries Incorporated, ABM

Top-line performance expanded 3.9% compared to the prior year period, an improvement over the previous year’s corresponding quarter growth rate of 2.2%. Wall Street consensus figures remained relatively unchanged in the weeks leading up to the announcement, signaling expectations for dependable performance. The company has consistently delivered revenue results that meet or modestly surpass analyst projections.

The stock retreated despite exceeding revenue estimates as bottom-line results underwhelmed investors. Full-year earnings guidance continues to align with Street expectations. Trading activity demonstrates downward pressure on the equity despite maintaining solid revenue expansion.

Q1 Performance and Peer Comparisons

ABM’s revenue trajectory stands in contrast to comparable companies operating in industrial and environmental services sectors. Tetra Tech reported a 13.4% revenue contraction yet exceeded consensus estimates, while Pitney Bowes experienced a 7.5% decline and failed to meet projections. Despite revenue challenges, Tetra Tech shares climbed 3%, and Pitney Bowes equity jumped 8.6% following quarterly disclosures.

The industrial services category demonstrates divergent performance amid macroeconomic volatility and possible policy shifts. The broader segment has lagged, with securities declining 4.3% on average throughout the previous month. ABM’s equity decreased 6.2% over the identical timeframe, reflecting greater-than-average vulnerability.

Wall Street analysts maintain a consensus price objective of $54.67 for ABM, substantially above today’s $43.28 trading level. This differential indicates expectations for sustained appreciation over extended horizons, although immediate results present obstacles. The company continues navigating margin headwinds while preserving consistent top-line expansion.

Earnings Revisions and Financial Health

ABM recorded four upward EPS estimate adjustments and three downward revisions during the past 90 days. This divergence in analyst opinion underscores uncertainty regarding profitability metrics and operational effectiveness. The organization’s financial health rating stands at “fair performance,” indicating moderate resilience.

First quarter revenue modestly exceeded consensus projections, yet the earnings disappointment underscores expense challenges and tempered profit advancement. Analysts anticipate the company will sustain reliable revenue trajectory throughout the balance of the fiscal year. Stock valuation reflects a blend of measured growth and earnings underperformance.

ABM continues serving a competitive industrial services marketplace while navigating economic variability. Revenue consistency contrasts with eroding profit margins, generating divergent investor sentiment. The equity trades well beneath analyst price objectives despite a track record of achieving revenue benchmarks.

Key Takeaways

• Shares of MiNK Therapeutics (INKT) climbed 80% on Tuesday following the announcement of a strategic partnership with C-Further.
• The collaboration focuses on developing therapies targeting PRAME, an antigen present in various childhood cancers such as leukemia and sarcomas.
• MiNK stands to gain approximately $1.1 million in milestone-based, non-dilutive financing.
• The company will also earn a double-digit percentage of future commercial revenue from the program.
• MiNK retains flexibility to pursue additional oncology partnerships, as this deal is non-exclusive.

Shares of MiNK Therapeutics surged 80% during Tuesday’s trading session after the biotechnology firm unveiled a strategic collaboration with C-Further, a consortium dedicated to advancing pediatric oncology treatments.

MiNK Therapeutics, Inc., INKT

The partnership aims to create a PRAME-targeted invariant natural killer T (iNKT) cell therapy designed specifically for pediatric cancer patients. PRAME represents a tumor-associated antigen present in numerous childhood malignancies.

According to the terms, MiNK Therapeutics will obtain roughly $1.1 million in non-dilutive capital. This financing structure allows the company to secure resources without diluting existing shareholder equity.

The funding will be disbursed as the company achieves predetermined scientific objectives throughout the preclinical candidate selection and translational development phases. Additionally, MiNK will capture a double-digit portion of any eventual commercial revenues generated by the therapy.

MiNK’s proprietary iNKT technology operates as a ready-to-use, off-the-shelf treatment option. The therapy is sourced from healthy donors, pre-manufactured, and administered without requiring HLA matching or lymphodepleting chemotherapy protocols — offering significant logistical benefits.

The initiative specifically targets PRAME, which appears at elevated levels across multiple pediatric cancer types including various sarcomas, acute myeloid leukemia, and medulloblastoma. Since PRAME expression remains minimal in normal tissues, it presents an ideal candidate for therapeutic intervention.

C-Further operates with support from Cancer Research Horizons, LifeArc, and Great Ormond Street Hospital Charity. The consortium’s mission centers on fast-tracking immunotherapy development for children battling cancers with limited existing treatment alternatives.

MiNK Therapeutics will function as the primary industry collaborator for this project. The company contributes its iNKT technology platform, genetic engineering competencies, and translational development knowledge to the partnership.

Academic Research and Preclinical Studies

Researchers from the University of Southampton will conduct autonomous preclinical investigations. These studies will assess anti-cancer efficacy, cellular persistence, and safety profiles across various pediatric cancer models, including systems derived from actual patient tumors.

The objective involves identifying one optimal clinical candidate. This lead candidate would subsequently advance toward initial human trials in pediatric populations.

This collaboration represents among the earliest programs selected by the C-Further consortium following its establishment. This positioning places MiNK among the first companies integrated into the consortium’s operations.

Flexibility Maintained Through Non-Exclusive Terms

The partnership operates under non-exclusive terms. This structure allows MiNK to simultaneously advance its iNKT platform across different cancer indications and establish additional collaborative relationships.

This framework holds significance for stakeholders. It ensures the C-Further collaboration doesn’t restrict MiNK to a singular development pathway — enabling parallel expansion of the company’s broader therapeutic pipeline.

MiNK’s iNKT technology functions by merging PRAME-specific tumor recognition with the distinctive immunological properties of iNKT cells, which connect innate and adaptive immune system functions.

The therapeutic program seeks to achieve targeted tumor destruction while simultaneously activating coordinated immune responses throughout the tumor microenvironment.

INKT stock finished Tuesday’s session with an 80% gain. Prior to this announcement, the shares had been trading at relatively depressed levels, making this surge a dramatic market response to the partnership news.

• Sei token is trading up as bulls mirror broader crypto gains.
• The layer-1 blockchain project has notable growth across treasuries, equities, and agentic tools.
• Broader market conditions and the technical picture favour downward price action.

The Sei Network (SEI) price has increased by nearly 5% in the past 24 hours, gaining amid a broader uptick that sees several altcoins trading higher at elevated volumes.

The high-speed Layer-1 blockchain optimized for trading is experiencing a resurgence amid key milestones across several market segments, and the SEI price, which hovers near $0.065, could tap into these potential bullish catalysts to climb higher.

Sei price outlook

The SEI token hit an all-time high above $1.14 in March 2024, having rallied from lows of $0.0007 in August of the previous year.

The token has declined from $0.37 in August 2025 and is down about 67% over the past year amid a prolonged bearish trend.

Current market conditions suggest bulls may struggle to reclaim the recent peaks.

Technical indicators show the path of least resistance remains downward, even as the daily RSI signals an oversold bounce.

SEI’s current price is well below the key moving averages, including the 50-day and 100-day simple moving averages at $0.079 and $0.1005.

However, analysts are pointing to ecosystem growth and institutional adoption as potential catalysts that could combine with an anticipated uptick in altcoins to drive prices higher.

Sei’s financial stack accelerates

Sei shared in an X post on Mar 10 that the project’s financial infrastructure has witnessed tremendous growth over the past two months.

This includes milestones such as daily active addresses (DAA) jumping to 1.7 million, reached as the L1 records seven consecutive quarters of expansion.

Among key developments in this period is Ondo Finance’s launch of tokenized US Treasuries across Sei lending markets.

The integration allows users to access yield-bearing assets seamlessly, bridging traditional finance with decentralized ecosystems and pushing the native token to the forefront of adoption.

The project has also attracted attention amid interest in equities trading, with Chainlink’s equities price feeds set to roll out on Sei through the oracle-backed platform Monaco Trading.

Meanwhile, Sei is recording traction in real-world utility with a stablecoin payroll solution, agentic consumer finance tools, and custody solutions.

Coinbase announced full SEI EVM integration, and Kraken went live with native SEI EVM deposits and withdrawals.

These are bullish factors, even as metrics such as total value locked tank and stablecoin usage on Sei flounder.

Notably, TVL has dropped from a high of $1.37 billion in July 2025 to under $80 million.

Stablecoin market capitalization is also down, dipping by 17% in the past week to about $119 million.

If market sentiment remains bearish, it could reflect in the token’s short-term price action.

However, if Sei’s financial stack maintains an upward trajectory, near-term projections include a breakout above the psychological 1 mark.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 2004.71, up 1.4% (+26.87) since 4 p.m. ET on Monday.

Fifteen of 20 assets are trading higher.

Leaders: XLM (+5.1%) and NEAR (+3.6%).

Laggards: BCH (-1.0%) and UNI (-0.5%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Ripple is testing key support near $1.35 as market attention increasingly shifts toward utility-driven DeFi platforms such as Mutuum Finance.

Ripple (XRP), a long-standing leader in the cross-border payment sector, is currently testing the resolve of its holder base as it slides toward a critical psychological floor. This movement comes at a time when the broader market is shifting its focus toward productive digital assets, protocols that offer automated financial services and verifiable on-chain utility.

Ripple

Ripple is trading at approximately $1.35, maintaining a market capitalization of roughly $82.9 billion. The token is currently locked in a tight range following a period of high-volume selling that characterized the earlier trading sessions. 

While XRP saw a brief recovery toward $1.47 last week, it has since entered a broader corrective phase. Technical data indicates that roughly 66% of the circulating XRP supply is currently in an “unrealized loss” position, which has increased the pressure on weak hands to sell into any minor rallies.

Traders are now closely watching whether the $1.35 support zone can hold. Buyers have stepped in to defend this level multiple times over the last 48 hours, but the lack of strong institutional follow-through has kept the price action subdued. If a rebound occurs, the immediate resistance targets are set near $1.36 and $1.37, with a more significant “ceiling” appearing at $1.40.

On the downside, a decisive break below $1.34 could open the door to a deeper retracement toward the $1.30 to $1.32 range, which served as a foundation earlier in the year. Participation in the derivatives market remains mixed, while futures Open Interest has shown a slight uptick to $2.35 billion, it remains well below the record highs seen in 2025. 

The trend of new crypto utility protocols

The stagnation of many altcoins has coincided with increased interest in new crypto utility protocols. These projects aim to address specific operational needs, such as automated financial processes or non-custodial yield mechanisms. Unlike tokens that primarily respond to market sentiment, utility protocols are often evaluated based on their functionality and the volume of transactions they support.

This trend is reflected in Mutuum Finance (MUTM). As some investors seek alternatives to the sideways trading of assets like XRP, they are exploring Mutuum Finance’s audited lending platform. The project has reported raising over $20.7 million and has a user base of more than 19,000 individual investors. The MUTM token is currently priced at $0.04. 

V1 Protocol: Lending, borrowing and mtTokens

Mutuum Finance has already demonstrated its technical capabilities through its V1 Protocol. This version introduces the mtToken system, which manages how liquidity providers earn returns. When a user deposits an asset like ETH, they receive mtTokens (such as mtETH) as a digital receipt. 

These tokens are yield-bearing, meaning they grow in value as the protocol collects interest. For example, a deposit earning a 5% Annual Percentage Yield (APY) allows the user’s mtETH to eventually be redeemable for more than the original deposit, providing a passive income stream.

On the borrowing side, the system uses a strict Loan-to-Value (LTV) ratio to ensure the safety of the protocol. If a user provides collateral with a 75% LTV, they can safely borrow a portion of that value in stablecoins. To track this, the system issues Debt Tokens to the user’s account. These tokens provide a transparent record of the outstanding loan and stay linked to the collateral until the debt is settled. This automated approach is currently being stress-tested by the project’s 19,000 investors to ensure it can handle the complexities of the live market.

Mutuum Finance and Ripple roadmap plans

The long-term outlook for both projects is defined by their upcoming technical milestones. Ripple is focusing on the expansion of its RLUSD stablecoin, which recently reached a market cap of $1.56 billion. 

Mutuum Finance is advancing a dual-market system to give users more choices for borrowing and lending. The Peer-to-Contract (P2C) market uses automated pools to offer instant loans, while the Peer-to-Peer (P2P) market lets people negotiate their own custom interest rates and timelines directly. 

To keep these markets safe and accurate, the protocol uses decentralized oracles that provide real-time price data for all collateral. The team is also planning a native stablecoin to provide a steady unit of account for large liquidity lines. 

To support the economy, a buy-and-distribute mechanism uses a share of platform fees to buy MUTM tokens and give them to users who stake their assets in the Safety Module to protect the network. This ensures the protocol stays secure while rewarding the community for its support.

Ripple (XRP) is navigating key technical support levels around $1.35 while exploring developments such as stablecoin initiatives aimed at maintaining institutional engagement. At the same time, newer crypto protocols reflect a broader interest in automated, non-custodial liquidity systems within decentralized finance. By incorporating features such as dual-market structures, decentralized oracles, and incentive mechanisms, Mutuum Finance (MUTM) aims to build infrastructure for more transparent financial services.

• Chainlink trades above $9 and could see a breakout amid a bullish technical setup.
• Market conditions and overall weakness may allow bears to eye support near $8.
• If bulls take control, LINK could rally towards past year highs.

Chainlink price rose slightly on Tuesday as the latest gains pushed Bitcoin to above $70,000 and altcoins showed strength amid easing investor jitters around the Iran war.

While LINK price remains in a downtrend amid the crypto market’s overall sentiment, bulls are holding steady above $9 and could extend upwards as a key technical setup strengthens.

At the time of writing, LINK’s price hovered around $9.13, up 3.4% in the past 24 hours and 6% in the past week as buyers pushed prices off lows of $8.40 reached on Monday, March 9.

Notably, Chainlink is edging higher amid an 8% increase in daily trading volume.

LINK price today

Chainlink’s latest price movement indicates resilience despite overall uncertainty around macro and geopolitical headwinds.

However, the gains to intraday highs of $9.16 means bulls have a slight cushion after Monday’s dip.

Daily volume stands at over $721 million.

A notable aspect of LINK price over the past month or so is the resilience shown through inflows into spot exchange-traded fund products.

According to SoSoValue data, Chainlink spot ETFs saw inflows of $2 million on March 9, up from $935k on March 6 and $1.93 million a day earlier.

Cumulative inflows totaled $92.66 million, suggesting investor conviction. Prices may rebound hard amid further ETF action.

Chainlink price technical forecast

The daily chart shows Chainlink price poised near the upper boundary of a long-term descending channel.

Bulls’ gains in the past week have also pushed the token into a tightening consolidation pattern marked by a downtrend line from the highs of $27 hit in August 2025.

As the chart shows, LINK has traded within a tight range between $7.84 and $9.55 since bouncing from the lows on February 5.

The $8.10 level has acted as a key support level during this time.

However, more importantly, LINK is near the resistance mark of both the parallel channel and the downtrend line.

While LINK price remains confined within the bearish structure, a breakout is likely to catapult prices to an initial supply zone around $12.

Buyers may also fancy a short-term push to highs of $14, another support-turned-resistance level from November and December 2025.

If a stronger uptick across crypto materializes, $19.85 would provide the next hurdle before bulls likely retest $27.

On the downside, bears could have fresh momentum at the $8.32–$8.50 zone.

But if bulls manage to hold above this area, LINK’s breakout structure will remain.

Cryptocurrency development refers to the process of designing, building, and launching a digital currency using blockchain technology. It involves creating secure token structures, writing smart contracts, selecting a blockchain network, and building the supporting ecosystem required for transactions, governance, and scalability.

Over the past decade, cryptocurrencies have evolved from experimental digital assets to powerful financial and technological tools. Today, startups, fintech companies, gaming platforms, and enterprises are launching their own cryptocurrencies to enable decentralized payments, incentivize users, and build token-driven ecosystems.

This guide explains how to create your own crypto coin, the technologies involved, the cost of building a digital currency, and the steps businesses follow to launch crypto projects in 2026.

What Is Cryptocurrency Development?

Coin development is the technical process of creating blockchain-based digital assets that can be transferred, stored, and verified on decentralized networks.

According to CoinMarketCap data, the global crypto ecosystem includes more than 36 million cryptocurrencies, with a total market capitalization of around $2.3 trillion as of 2026. This rapid expansion highlights the growing demand for blockchain-powered financial systems, dApps (decentralized applications), and tokenized digital economies.

A typical cryptocurrency system includes:

• Blockchain infrastructure
• Token or coin architecture
• Smart contracts
• Consensus mechanisms
• Wallets and transaction interfaces

These components work together to ensure that digital assets can be securely created, distributed, and exchanged without relying on centralized authorities.

Modern crypto coin development often involves multiple blockchain ecosystems. These networks can be broadly categorized into EVM-compatible (Ethereum Virtual Machine) and non-EVM chains, each offering unique benefits in scalability, security, and developer tooling.

Each blockchain ecosystem offers different trade-offs in performance, security, developer tools, and ecosystem support. Choosing the right network is an important step when working with a crypto coin development company, as it influences scalability, transaction costs, and long-term project growth. 

Why Businesses and Startups Are Creating Their Own Cryptocurrencies

Many organizations are exploring cryptocurrencies because digital assets enable entirely new economic models. Businesses can build decentralized ecosystems where value can be transferred, rewarded, and managed without relying on traditional financial intermediaries. As adoption continues to grow, cryptocurrencies are being used for payments as well as for community engagement, platform incentives, and digital ownership models.

Some of the most common reasons businesses launch cryptocurrencies include:

• Decentralized Payments: Crypto tokens allow instant global transactions without traditional banking intermediaries. Businesses can facilitate faster payments, reduce transaction fees, and enable borderless financial interactions across digital platforms.
• Community Incentives: Projects often use tokens to reward users, creators, or contributors within their ecosystems. These incentives help build active communities and encourage long-term participation in the platform.
• DeFi Integration: Cryptocurrencies power DeFi applications that support activities such as lending, staking, liquidity provision, and decentralized trading. This allows projects to create financial services directly within their ecosystems.
• Tokenized Business Models: Companies can build token-driven ecosystems where digital assets represent platform access, rewards, governance rights, or participation in decentralized networks. This approach allows businesses to align incentives between users, developers, and stakeholders.

As a result, the rise of tokenized platforms and dApps has made cryptocurrency creation an important strategy for many startups, Web3 platforms, and technology-driven businesses.

Top 6 Types of Cryptocurrencies Businesses Can Create

Cryptocurrencies can serve different purposes depending on how they are designed and the ecosystem they support. Understanding the major types of cryptocurrencies helps businesses determine the most suitable model for their project.

1. Payment Cryptocurrencies

Payment cryptocurrencies are designed to function as digital money that enables peer-to-peer transactions across decentralized networks.