Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
5843 stories- Crypto· MENA
Ripple launches RLUSD stablecoin in Japan following regulatory approval
Ripple's RLUSD stablecoin has officially launched in Japan through SBI VC Trade after receiving regulatory approval. This development is driven by Ripple's strategic push to expand its presence in Asian markets and pursue a trust charter alongside a Federal Reserve master account. The long-term implication is that this move could enhance Ripple's legitimacy and influence within the cryptocurrency landscape, potentially benefiting XRP holders and paving the way for further innovations in regulated environments.
3 sourcesJun 27
- Crypto· World
Majority of UK Financial Advisers Lack Visibility on Client Cryptocurrency Holdings
Over half of UK financial advisers report significant gaps in visibility regarding their clients' cryptocurrency investments. This issue arises from restrictive firm-level policies that limit advisers' access to client crypto data. As the cryptocurrency market expands, wealth management firms will need to adapt their practices to enhance transparency and risk management in digital assets.
3 sourcesJun 27
- Crypto· World
Chainlink partners with over 50 banks to modernize FX settlements through stablecoins
Chainlink has joined Project Pangea to facilitate stablecoin-based FX settlements for banks. This initiative is driven by the need to integrate traditional SWIFT messaging with modern financial technologies at this moment. If successful, it could reshape FX settlements and enhance the role of stablecoins in traditional finance.
3 sourcesJun 27
- Economy· MENA
Qatar to Resume Normal LNG Production Amid Regional Tensions
Qatar's Prime Minister Sheikh Mohammed announced the country will return to normal liquefied natural gas production levels within weeks. This decision comes as discussions intensify regarding the establishment of a US-Iran hotline to enhance security in the critical Strait of Hormuz. The resumption of LNG production is likely to stabilize energy supplies and influence global energy markets amidst ongoing geopolitical dynamics.
3 sourcesJun 27
- Business· World
Prologis makes £12.6 billion takeover bid for Segro which is rejected
Prologis has made a £12.6 billion all-share takeover bid for Segro, which was promptly rejected by Segro's board as opportunistic. This rejection reflects Segro's confidence in its market position and has led to a rise in its stock price. The long-term implication may involve Prologis reassessing its acquisition strategy in the competitive UK real estate market.
3 sourcesJun 27
- Business· World
Hertz and FedEx stocks decline sharply following disappointing financial forecasts
Hertz and FedEx have reported significant stock declines due to disappointing financial forecasts and results. Hertz's preliminary second-quarter adjusted EBITDA fell short of analyst expectations, while FedEx's profit margin declined despite beating profit expectations. Investors are likely to closely monitor upcoming earnings reports for signs of recovery or further declines in these companies' financial health.
3 sourcesJun 27
- Business· World
Cerebras Systems faces stock decline despite strong revenue growth in first earnings report
Cerebras Systems reported nearly doubled revenue in its first earnings as a public company but saw its stock drop 10.5% due to concerns over narrowing gross margins. The immediate trigger for this decline was investor apprehension regarding operational challenges that could impact profitability. Long-term, Cerebras must effectively manage these operational hurdles to regain investor confidence and sustain its growth trajectory in the competitive AI chip market.
4 sourcesJun 27
- Crypto· World
Binance Withdraws MiCA License Application in Greece but Commits to EU Operations
Binance has withdrawn its MiCA license application in Greece, signaling a significant setback in its efforts to establish a home base in the EU. The immediate trigger for this decision is the approaching July 1 deadline to secure necessary permissions to continue operations in Europe. Long-term, Binance's ability to navigate regulatory challenges will be crucial for its future in the European cryptocurrency market.
6 sourcesJun 27
- Business· World
Kalshi seeks $40 billion valuation in new funding round amid legal challenges
Kalshi is in discussions to raise new funding at a valuation of approximately $40 billion, nearly doubling its previous valuation of $22 billion. This surge in valuation is driven by increasing investor confidence in regulated prediction markets despite ongoing legal challenges faced by the company. If successful, this funding could further solidify Kalshi's competitive position in the prediction market landscape and attract additional investment interest.
4 sourcesJun 27
- Economy· World
China markets €5 billion sovereign bonds to diversify funding sources
China has begun marketing sovereign bonds valued at €5 billion in Luxembourg. This issuance is part of China's strategy to tap into international capital markets and attract European investors. The successful issuance could lead to more euro-denominated debt offerings from China, reshaping the landscape of sovereign debt in Europe.
3 sourcesJun 27
- Economy· World
Bank of Japan policymaker advocates for regular interest rate hikes to combat inflation
Naoki Tamura, a hawkish member of the Bank of Japan, has called for a gradual increase in interest rates to address rising inflation risks. This shift in stance comes as inflation concerns intensify, prompting discussions on the BOJ's monetary policy. If inflation continues to rise, the BOJ may implement more frequent rate hikes, impacting both the Japanese economy and global markets.
3 sourcesJun 27
- Business· World
Volkswagen sells 51% stake in heavy-engine unit Everllence to Bain Capital for €7.4 billion
Volkswagen has agreed to sell a controlling stake in its heavy diesel engine unit Everllence to Bain Capital. This strategic move is driven by Volkswagen's need to streamline operations amid rising competition from Chinese automakers. The long-term implication may allow Volkswagen to focus on electric vehicle development while Bain Capital seeks to enhance Everllence's growth potential.
3 sourcesJun 27
- Business· World
Wendy's stock surges over 42% driven by retail investor enthusiasm
Wendy's shares experienced a significant increase of over 42% intraday due to a surge of interest from meme-stock traders on social media platforms. This rally was triggered by the 'Save Wendy's' campaign gaining traction on Reddit, mobilizing individual investors to support the brand. The long-term implication may indicate a shift in retail investor behavior, potentially leading to increased volatility in the stock market as more brands become targets of similar campaigns.
3 sourcesJun 27
- Business· World
Lingyi iTech raises $1.1 billion in Hong Kong IPO amid strong demand for tech stocks
Lingyi iTech Guangdong Co. has successfully raised approximately $1.1 billion in its IPO on the Hong Kong Stock Exchange, reflecting a significant event in the tech sector. The immediate trigger for this strong investor interest is the company's focus on AI and robotics, which aligns with current market trends. In the long term, this IPO may stimulate further investments in technology and innovation sectors, particularly in Hong Kong's bustling market.
4 sourcesJun 27
- Economy· World
Wall Street Faces Mixed Results Amid Tech Stock Volatility
Wall Street experienced mixed results as major tech stocks declined, overshadowing positive forecasts from semiconductor companies. The immediate trigger was the selloff in megacap tech stocks, particularly Apple, which tempered market enthusiasm despite gains from Micron and Qualcomm. In the long term, investors will need to closely monitor upcoming earnings reports and economic indicators that could further influence market dynamics in the tech sector.
3 sourcesJun 27
- Business· World
Apple anticipates iPhone price increases amid ongoing RAM crisis
Apple has raised prices for its devices, leading to speculation about higher iPhone prices in the near future. The immediate trigger for this shift is the ongoing RAM crisis, which is affecting production costs. In the long term, consumers should prepare for continued price adjustments as Apple navigates supply chain challenges and prepares for new product launches.
3 sourcesJun 27
- Economy· World
Cargo Ship Attack in Strait of Hormuz Causes Spike in European Natural Gas Prices
An attack on a cargo ship in the Strait of Hormuz has impacted European natural gas prices. This incident has raised concerns about the safety of maritime transit, prompting a temporary increase in gas prices. As traffic in the region begins to normalize, traders will closely monitor developments that could influence future price stability.
3 sourcesJun 27
- Economy· World
South Korea regulators raise alarms over leveraged ETF trading surge
South Korea is witnessing a significant increase in leveraged ETF trading, with assets in these funds tripling to $9.1 billion. This surge is prompting regulators to express concerns about market volatility and the risks associated with retail-driven investments. In the long term, increased regulatory scrutiny is expected as the market adapts to these unprecedented levels of activity and risk management strategies evolve.
3 sourcesJun 27
- Economy· MENA
Oil tanker earnings decline as competition rises in the Strait of Hormuz
Oil tanker earnings have dropped by $200,000 due to increased vessel traffic in the Strait of Hormuz. This surge in traffic is leading to heightened competition and lower hiring costs for tanker operators. The long-term implication is a potential continued decline in tanker earnings and fluctuations in global oil prices as market dynamics shift.
3 sourcesJun 27
- Business· World
Great Britain's National Energy System Operator activates gas plants to meet electricity demand amid heatwave
The National Energy System Operator (Neso) in Great Britain is set to spend £10 million to activate gas power plants due to a surge in electricity demand caused by extreme heat. This decision comes as households increase their use of air conditioning and fans, highlighting the immediate pressure on energy supply systems. In the long term, this situation underscores the need for enhanced resilience in energy infrastructure to cope with climate-related challenges.
3 sourcesJun 27