39 / 104 Relevant items tagged with #Finance

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Bitcoin Year-End Price Target Raised to $90K at Bernstein

[Mar 21 7:30 AM]

French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator

[Mar 21 7:00 AM] Exaion helps industries with digital transformation related to cloud and blockchain with a focus on addressing energy efficiency of data centers.

Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO

[Mar 21 6:05 AM] Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively.

Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI

[Mar 21 6:00 AM] Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship.

Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate

[Mar 20 1:30 PM] On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is…

NBA All-Star Tyrese Haliburton Talks Ethereum and Potentially Receiving Salary in Crypto

[Mar 20 12:24 PM] Professional basketball player and NBA All-Star Tyrese Haliburton has said that he would consider taking a portion of his salary in cryptocurrency.

The Institutional Era of Crypto Brings Fresh Innovation

[Mar 20 10:00 AM] After the scandals and regulatory headaches of the last market cycle, crypto is growing and embracing the needs of institutions entering the digital assets space.

Ethereum Foundation Faces Inquiry From a Government; Fortune Says SEC Investigating ETH

[Mar 20 9:15 AM]

Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming

[Mar 20 7:30 AM] Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.

Berachain's Crypto Trade Aggregator Ooga Booga Raises $1M

[Mar 20 7:00 AM]

Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors

[Mar 20 5:00 AM] Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December.

Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a ‘Psychological Shift’

[Mar 19 9:30 PM] Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting that until now the bitcoin price action has been driven primarily by retail investors. “But…

Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum

[Mar 19 5:30 PM] The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has…

Polygon Labs Paid $4M to Host Starbucks' Failed Foray Into Crypto: Sources

[Mar 19 11:54 AM] Polygon once hailed Starbucks

Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain

[Mar 19 10:39 AM] The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.

Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income

[Mar 19 9:30 AM] On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to…

Luxor Looks to Help Bitcoin Miners Hedge Halving Risk With New Hashrate Futures

[Mar 19 7:00 AM] The bitcoin mining software and services company partnered with Bitnomial to offer cash-settled hashrate futures.

MANTRA Chain Raises $11M for RWA Tokenization with Middle East Tint

[Mar 19 6:26 AM]

Stablecoin Project Gyroscope to Conduct Points Program, Launch High-Yield Liquidity Pools

[Mar 19 6:01 AM] Gyroscope seeks to boost its GYD stablecoin with new products servicing airdrop farmers and yield seekers.

Brevan Howard-Backed Tokenization Firm Libre Goes Live

[Mar 19 4:00 AM] Libre has added a tokenized version of a BlackRock money-market fund so investors can earn yield while parking their capital.

World's Largest Pension Fund Seeks Information on Bitcoin Under Portfolio Diversification Plan

[Mar 19 2:45 AM] Japan's state pension fund, GPIF, is seeking information about bitcoin as part of a broader strategy initiated in response to significant economic and societal changes and technological advancements.

Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions

[Mar 19 2:00 AM] The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

[Mar 19 1:30 AM] Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum…

Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

[Mar 18 3:59 PM] Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).

Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

[Mar 18 3:50 PM] The current CEO Michael will step down “to pursue other opportunities.”

Ether.Fi's Token Falls 20% After Debut

[Mar 18 6:06 AM] Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round.

Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)

[Mar 17 8:41 PM] The CFTC-regulated platform will let traders bet on whether BTC will outperform ETH this year and other price outcomes amid renewed interest in both crypto and prediction markets.

$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

[Mar 16 9:30 PM] Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform…

‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

[Mar 16 3:30 PM] After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios…

Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says

[Mar 15 7:30 AM] The bank raised its price target for the crypto exchange to $150 from $95.