State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve …
Fund
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Regulation
Federated Hermes launches money market fund for GENIUS Act stablecoin reserves
by shayaanby shayaanFederated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by …
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Markets
A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin
by shayaanby shayaanSourcing initial capital from his mother to build a $1 billion crypto empire, DFG CEO James Wo says market metrics do not …
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Finance
Crypto VC Firm Variant Closes $222M Fund Focused on AI and Blockchain Convergence
by shayaanby shayaanSilicon Valley-based cryptocurrency venture capital firm Variant has completed fundraising for a new $222 million fund, designated Variant 4, with a strategic …
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Finance
Pro-crypto Florida candidate Michael Carbonara sells 10 Bitcoin for $800K to fund his campaign: Report
by shayaanby shayaanRepublican congressional hopeful Michael Carbonara has sold part of his Bitcoin holdings to help finance his campaign in Florida’s 22nd Congressional District, …
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Markets
VanEck's tokenized fund lands on Euler as DeFi courts Wall Street institutions
by shayaanby shayaanDeFi protocols are increasingly adapting to host regulated, tokenized assets as tokenization is projected to bring trillions of dollars onchain. www.coindesk.com
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Analysis
Despite Tech Stock Rally, Hedge Fund Clients Are Taking Profits in One Related Sector: Goldman Sachs
by shayaanby shayaanHedge fund clients are selling out of semiconductor and equipment stocks even as technology shares climb to record highs, according to Goldman …
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An exchange-traded fund (ETF) in the artificial intelligence (AI) space is emerging among the best-performing assets ever as the sector continues to …
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Finance
Bank of America reveals $53.1M in crypto ETF holdings, led by BlackRock’s Bitcoin fund
by shayaanby shayaanBank of America (BofA) has disclosed approximately $53.1 million in crypto-related exchange-traded fund (ETF) holdings in its latest quarterly filing with the …
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Bitcoin miner Hut 8 committed $16 million to expand water capacity in West Feliciana Parish, Louisiana, as part of development plans for …