BlackRock is definitely not the last company to talk about the impact of the FTX collapse. Investment management company BlackRock (NYSE: BLK) CEO Larry Fink has revealed that the company is also one ...
Tag: BlackRock
BlackRock CEO Larry Fink Backs Tokenization of Securities
5 hours ago | 2 mins read Blockchain News Fink spoke during an appearance at a New York Times DealBook event. The CEO also discussed the potential of blockchain technology. Tokenization of assets is “...
BlackRock CEO Says ‘Next Generation for Markets’ Is Tokenization
BlackRock CEO Larry Fink said that “the next generation for markets, the next generation for securities, will be tokenization of securities.” In the world of blockchain, tokenization refer...
Blackrock CEO says, firm invested $24 million in FTX
Larry Fink, BlackRock Chairman and CEO said that the firm invested $24 million in the now-bankrupt cryptocurrency exchange FTX through the funds it manages. He added that despite the fact that FTX col...
Crypto Technology Still Important Despite Market Crisis, BlackRock CEO Says
Following in the footsteps of Celsius and Terra Luna is Sam Bankman Fried’s crypto firm FTX, another participant in the ongoing crypto catastrophe narrative. Even while the other two crashes were sign...
BlackRock lost $24M in FTX collapse
BlackRock‘s CEO Larry Fink revealed that the asset manager had invested $24 million in FTX, which it considers lost. Fink added that the investment was small and not part of Blackrock’s co...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Here’s how BlackRock CEO Larry Fink’s attitude towards crypto evolved in 2022
The recent implosion of once one of the largest cryptocurrency trading platforms in the world, FTX, and the subsequent devastation it caused across the entire crypto industry has demonstrated that the...
Blackrock CEO Larry Fink Says FTX Failed Due To FTT Token
FTX News: Asset manager Blackrock is one of the big names associated with investments in bankrupt crypto exchange FTX. In a latest, Larry Fink, the chairman and CEO of BlackRock, made some interesting...
BlackRock Chief Executive Fink said firm invested $24 million in FTX
BlackRock Chief Executive Larry Fink said that the firm invested $24 million in FTX through a fund of funds it manages, according to Reuters. He also said that there were some misbehaviors at th...
Crypto Is Losing a Big Trader. A Top Exchange May Also Be Worthless.
The world of cryptocurrency remains in turmoil. The dust hasn’t settled, but it looks like the market will lose one one of its most influential trading firms, and possibly one of the largest exchanges...
From Tom Brady and Steph Curry to BlackRock
From SBF rescuing insolvent crypto companies left and right just months earlier to his empire in a near-doom state needing a bailout, there appears no light at the end of the tunnel as the current cry...
SoftBank and BlackRock among FTX investors in the dark over Binance deal
Binance’s agreement to acquire FTX.com has left some of the world’s largest investors in the dark. Beleaguered FTX CEO Sam Bankman-Fried wrote to investors on Tuesday, apologizing f...
Stablecoin Issuer Circle Moves USDC Reserves Into Fund Managed by BlackRock
US-based peer-to-peer payments company Circle has moved some of its USD Coin (USDC) stablecoin reserves into a fund controlled by $10 trillion asset management firm BlackRock. In a blog post written b...
Stablecoin USDC: Circle chooses BlackRock
A few days ago, Circle officially announced that it is transferring its USDC stablecoin reserves to a fund managed by BlackRock. Indeed, thanks to a real partnership signed with BlackRock, the Circle...
Circle To Invest in BlackRock Managed Circle Reserve Fund
10 seconds ago | 2 mins read Editors News Together with the asset manager, it established a government money market fund. The official blog article states that it will be exclusive to Circle. Circle, ...
Circle Has Started Building New Reserve Funds With BlackRock
Circle, the Web3.0 unicorn that is in charge of the issuance and maintenance of the USD Coin (USDC) stablecoin, has revealed it has started building a new and robust reserve fund dubbed the Circle Res...
Circle Begins Putting Reserves Into New BlackRock Fund
“This is a wrapper for the USDC reserve that brings benefits of that wrapper to the USDC and the ecosystem,” said Circle Chief Financial Officer Jeremy Fox-Geen, in an interview with CoinD...
Circle to put a portion of USDC reserves into new BlackRock fund
Circle, the issuer of the stablecoin USDC, set up a new fund with BlackRock to help manage the stablecoin’s reserves. Circle will place a portion of USDC reserves into the Circle Reserve F...
Dow Rallies 800 Points As Apple Stock Surges—But ‘Looming Recession’ Could Still Tank Markets, BlackRock Warns
Topline Major stock indexes extended a stunning October rally on Friday after tech giants Apple and Intel broke a streak of dismal third-quarter earnings reports with results that shattered expectatio...
Dow Rallies 700 Points As Apple Stock Surges—But ‘Looming Recession’ Could Still Tank Markets, BlackRock Warns
Topline Major stock indexes extended a stunning October rally on Friday after tech giants Apple and Intel broke a streak of dismal third-quarter earnings reports with results that shattered expectatio...
Crypto Hedge Fund Taps Former BlackRock CIO as Strategy Head
Opportunity comes from inefficiencies, of which the crypto space has an increasing number, McBrady tells Blockworks The firm is finishing the rebuild of its trading infrastructure to better ingest a b...
BlackRock (BLK) beats earnings – stock remains flat in premarket
BlackRock (NYSE: BLK) released its Q3 2022 earnings report on October 13, beating analysts’ expectations on the top and bottom lines. In essence, the firm showed revenues of $4.31 billion, a -14.7% ye...
BlackRock (BLK) beats earnings report
BlackRock (NYSE: BLK) released its Q3 2022 earnings report on October 13, beating analysts’ expectations on the top and bottom lines. In essence, the firm showed revenues of $4.31 billion, a -14.7% ye...
Puttshack Gets $150 Million From BlackRock To Fuel Mini Golf-Entertainment Growth
Puttshack has gained $150 million in funding from BlackRock for expansion of their mini golf … [+] entertainment concept. Puttshack Puttshack, the indoor miniature golf entertainment concept fou...
Five Investment Firms Hitting New 52-Week Lows This Week
Front view of brown bear isolated on black background. Portrait of Kamchatka bear (Ursus arctos … [+] beringianus) getty Interest rate hikes are taking a toll on investment firms as they adjust ...
DeFi startup Arch raises $5 million to become the ‘BlackRock of web3’
Decentralized finance (DeFi) startup Arch has raised $5 million to try to achieve the lofty goal of becoming the “BlackRock of web3.” The oversubscribed seed round was co-led by Digital Cu...
DeFi Startup Arch Secures $5m from Seed Round, to Achieve ‘BlackRock of Web3’
Arch Finance, a decentralized finance (DeFi) startup, has acquired $5 million in funding from a seed round to make an effort to accomplish its goal of becoming the “BlackRock of web3.” As ...
DeFi Startup Arch Secures $5m from Seed Round to Become ‘BlackRock of Web3’
Arch Finance, a decentralized finance (DeFi) startup, has acquired $5 million in funding from a seed round to make an effort to accomplish its goal of becoming the “BlackRock of web3.” As ...