BlackRock stock has tumbled this year, and director William E. Ford, the chairman and CEO of investment firm General Atlantic, scooped up shares of the asset manager on the open market. BlackRock (tic...
Tag: BlackRock
Circle Raises $400m, Partners With BlackRock To Develop USDC Standard
Circle Internet Financial, the global internet finance firm behind the USD Coin (USDC) stablecoin standard, has recently begun a $400 million investment round with support from BlackRock, Inc., Fideli...
BlackRock, Fidelity Back Stablecoin Firm Circle in $400 Million Funding Round
Wall Street gets ready for more extensive reception of advanced monetary standards Other investors include Marshall Wace LLP and Fin Capital BlackRock to investigate capital-market applications for US...
BlackRock Strategists Say Traders Are Wrong About Fed’s Path
(Bloomberg) — Strategists from the world’s biggest asset manager are challenging traders betting that the Federal Reserve will raise rates to around 3% next year, saying that policy makers will ...
BlackRock to Handle Circle’s USDC Cash Reserves as Part of $400M Funding Round
In brief BlackRock is a major asset management firm. Circle issues the USDC stablecoin. BlackRock will serve as a strategic partner in Circle. On Tuesday, cryptocurrency payments firm Circle announced...
Blackrock Doing Research About Cryptocurrencies Amid Elevating Client Interest?
Blackrock Inc. is reportedly researching crypto assets as clients are exhibiting more interest towards the organization. CEO of Blackrock thinks that Russian invasion of Ukraine might give a boost to ...
BlackRock Inc. Aiming at Cryptocurrencies: Company CEO Larry Fink
Arman Shirinyan Company with $9 trillion in AUM plans on discovering the cryptocurrency industry One of the biggest money managers in the world, BlackRock, Inc.—which raised $400 million for Circle st...
Circle Lands $400 Million Funding From Fidelity and BlackRock
Circle Internet Financial has received $400 million in funding from the likes of BlackRock and Fidelity, indicating a growing acceptance of cryptocurrencies by traditional finance. The Boston-based f...
BlackRock to Manage USDc’s $50 Billion as Custodian Stablecoins Go Fractional Reserve – Trustnodes
The world’s biggest asset manager has just become a bit bigger still, grabbing USDc’s fiat reserves to asset manage. “With the BlackRock partnership, we are expanding on our existing relationship with...
BlackRock’s Newest Investment Paves The Way For Digital Assets On Wall Street
Larry Fink thinks Russia-Ukraine war could accelerate the use of digital currencies © 2020 Bloomberg Finance LP Five years ago, BlackRock’s chairman Larry Fink famously called bitcoin an “index of mon...
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance...
Delta, JPMorgan, BlackRock and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta rallied 6.6% in the premarket after reporting a smaller-than-expected quarterly loss and predicting a current-qu...
BlackRock Joins Circle’s $400 Million Funding Round
Payment technology company, Circle has become the latest firm in the financial ecosystem to raise significant funds for its expansion. The company has entered into an agreement for a funding round wor...
Asset Manager BlackRock Enters Strategic Partnership with Circle – crypto.news
Circle Internet Financial, the principal operator of market-leading stablecoin USD Coin (USDC), has announced plans to raise $400M in its latest funding round. The stablecoin issuer has entered into t...
Circle announces $400 million raise, partnership with BlackRock
Crypto payments company Circle announced a $400 million funding round on Tuesday. The firm is also partnering with management giant BlackRock as a strategic investor. The round, expected to close in...
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round – Finance Bitcoin News
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership wit...
A new world order for the stock market is coming, explains BlackRock CIO
Making money in the stock market will likely look different over the next few years compared to the low interest rate era seen from the end of the Great Financial Crisis, says BlackRock’s CIO of...
Circle Raises $400 Million From BlackRock, Fidelity, and Others
USDC stablecoin issuer and global finance company Circle has raised $400 million in a new funding round that is expected to close in the second quarter of the year. Participants in the funding round i...
How Crypto Company Circle Announced $400M With BlackRock
Crypto company Circle announced a $400 million funding round. The company behind stablecoin USDC entered an agreement to conduct the round that is expected to close in the second quarter of the year, ...
BlackRock joins stablecoin issuer Circle’s $400M funding round
Circle, a major peer-to-peer payments firm and the principal operator of the UDC Coin (USDC), has announced a $400 million funding round and a new partnership with the American investment firm BlackRo...
USDC Issuer Circle To Raise $400 Mln In BlackRock Deal
Circle Internet Financial said on Tuesday it entered a $400 million funding agreement with several asset managers, including the world’s largest, BlackRock Inc. The funding round, which also involves ...
Circle Announces $400M Funding Round and Partnership With BlackRock
Circle – the finance firm that issues USDC stablecoins – recently raised $400M from major finance firms including Blackrock, Fidelity, Marshall Wace, and Fin Capital. Among them, Blackrock has also en...
BlackRock busted 3 managing directors plotting a jump to a rival firm — and fired them before they could quit
BlackRock Inc. said it dismissed three managing directors from its private equity division because they were coordinating an effort to leave the world’s largest asset manager. Konnin Tam, Steve Lessar...
BlackRock Dismisses Three PE Executives Who Plan to Join Apollo
(Bloomberg) — BlackRock Inc. said it dismissed three managing directors from its private equity division because they were coordinating an effort to leave the world’s largest asset manager. Most...
U.S. Stocks Poised to Open Slightly Higher on Monday
It will be an abbreviated trading week, with U.S. markets closed on Friday. ANGELA WEISS/AFP/Getty Images Text size U.S. stocks are set to open Monday slightly higher. On Sunday night, Dow Jones Indus...
Cramer’s Mad Money Recap 4/8: BlackRock, JPMorgan, Goldman Sachs
Just as the Federal Reserve starts on the warpath against inflation, we’re already seeing signs that inflation is peaking, Jim Cramer told his Mad Money viewers Friday. Unfortunately, demand is ...
High Inflation Creates A Portfolio Crisis
NEW YORK, March 18, 2020 — A trader works on the floor of the New York Stock Exchange in New York, … [+] the United States, March 18, 2020. U.S. equities ended Wednesday’s volatile session...
Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock
It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...
BlackRock President Says ‘Entitled Generation’ Now Learning About Shortages
Eat This, Not That! The 20 Most Inspirational Adele Lyrics That Are Major Motivation What’s not to love about Adele? Also known as Adele Laurie Blue Adkins, a singer-songwriter, and mom, this sh...