Browsing: BlackRock

BlackRock’s crypto head says Bitcoin’s correlation to risky assets is key to its investment case, and the firm believes it may soon be risky not to own Bitcoin if it breaks free from its correlation to riskier assets.

BlackRock Inc. is expanding its use of digital technology in mainstream institutional finance with plans to launch a blockchain-based share class for its $150 billion money market fund.

BNY Mellon has launched a new blockchain accounting tool, with BlackRock serving as its first client, marking a significant development in the financial technology sector.

BlackRock, the world’s largest asset manager, is expanding its blockchain-based money market fund to the Solana network through a partnership with Securitize.

Quantum computing startup PsiQuantum is securing substantial funding, led by BlackRock, to advance its technology.

BlackRock introduces its first Bitcoin exchange-traded product in Europe, following the success of similar products in the U.S.

Nvidia and Elon Musk’s xAI have joined the AI Infrastructure Partnership, a consortium aiming to invest billions in AI-related projects.

Microsoft and BlackRock are collaborating with Elon Musk’s xAI, Abu Dhabi’s MGX, and Nvidia on a $30 billion data center and AI infrastructure venture.

xAI, Nvidia, BlackRock, and Microsoft are partnering to develop and invest in AI infrastructure, aiming to raise billions for data centers and high-performance computing.

The nascent cryptocurrency ETF market experiences explosive growth, with new products and a friendlier regulatory outlook expected.