Arturs Ivanovs, founder of bond blockchain platform FIC Network, told Cheddar the World Bank's new bond issuance, built on Ethereum, is a sign that blockchain technology has become receptive to government institutions.
For full interview, [click here](https://cheddar.com/videos/the-bond-market-bets-on-blockchain).
Shares of U.K. chip designer Arm Holdings rose 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years.
UAW president Shawn Fain said the union would strike at a small number of Ford, General Motors and Stellantis factories, but that if the Big Three "continue to give us insulting offers, then our strike is going to continue to grow."