Larry Fink says tokenization could do for finance what the internet did to mail — and BlackRock isn't waiting around. With $150B already in digital markets, the world's largest asset manager is building the future it's describing.
Larry Fink says tokenization could do for finance what the internet did to mail — and BlackRock isn't waiting around. With $150B already in digital markets, the world's largest asset manager is building the future it's describing.
Kalshi doubled its valuation to $22B in a single funding round — then got banned in Nevada the same week. As investor money floods in from the top, state regulators are pushing back hard from the ground. The courts will have the final word.
The Kingdom of Bhutan has transferred $72.3 million in Bitcoin, continuing to reduce its national crypto reserves. With holdings dropping from a peak of 13,295 BTC down to roughly 4,400 BTC, market watchers are questioning the future of the nation's sovereign digital asset strategy.
Morgan Stanley is advancing its digital asset strategy, revealing "MSBT" as the ticker for its proposed spot Bitcoin ETF. In a recent SEC filing, the bank disclosed a $1 million seed investment for initial liquidity, with BNY Mellon and Coinbase tapped to support the fund's operations.
The acquisition, disclosed by the company last week, represents Bitmine’s largest ether purchase of the year in token terms. Based on current market prices, the transaction was valued at approximately $140 million.