BlackRock's crypto portfolio increased by $4.8 billion in July, rising from $49.15 billion to about $53.95 billion, mainly due to gains in its iShares Bitcoin Trust ETF and iShares Ethereum Trust. Bitcoin's price rose 8.65% despite BlackRock reducing its Bitcoin holdings slightly, while Ethereum's price surged over 21%, supported by BlackRock purchasing more Ethereum tokens. This shift suggests institutional investors may be favoring Ethereum over Bitcoin amid clearer crypto regulations, potentially signaling a broader market trend.
The Rosen Law Firm is investigating potential securities claims against BlackRock, Inc., alleging the company provided misleading business information to investors in its mutual funds. Investors who purchased BlackRock mutual funds might be eligible ...
The Texas Stock Exchange (TXSE) officially launched its trading operations, becoming the first major new U.S. stock exchange in decades. Based in Dallas, TXSE aims to compete with the New York Stock Exchange and Nasdaq by focusing on companies in the...
BNY has introduced its Digital Transfer Agency (TA) capabilities to support both digital and traditional asset funds across multiple jurisdictions and blockchains. This new service enables fund providers to operate fully on-chain with legal and econo...
BlackRock will own 80% of Meta's $14 billion AI data center campus in El Paso, Texas, marking a major Wall Street investment in AI infrastructure. Meta contributes land and assets worth $2.3 billion, while BlackRock invests $4.9 billion in cash, leav...
Meta and BlackRock have formed a venture to develop a $14 billion data center campus in El Paso, Texas, designed to support Meta's AI ambitions with 1 gigawatt of compute capacity. Meta will manage construction and operations, while BlackRock and par...
