Which bankers and fintech billionaires came out on top?
Objectively speaking, 2022 was a violent year for the markets, but this did not stop certain City bankers and fintech billionaires from increasing their fortunes. Square...
Tagged: financial vehicles
Cathie Wood bought block stock. It also gets more of Wall Street’s attention.
Cathie Wood’s ARK Investment Management just bought a whole bunch of Block shares — and she’s not the only one getting more bullish on the fintech...
Grayscale Bitcoin Fund Rises as Judges Sound Skeptical of SEC’s Arguments on ETF
Grayscale Investments has for years unsuccessfully tried to convert its flagship product — the world’s largest $14 billion Bitcoin fund — into an exchange-traded fund, most...
Crypto Company Circle Focuses on Growth After Canceled SPAC Merger
Circle Internet Financial Ltd. wants to grow its workforce by as much as 25% this year, chief financial officer Jeremy Fox-Geen said, as the cryptocurrency operator...
This Bitcoin fund has an additional $7 billion in untapped value. Too bad investors can’t get to it.
The world’s largest Bitcoin fund is about to have its day in court. At stake in the fight: a $7.2 billion profit sitting in the fund...
Crypto Company Circle Focuses on Growth After Canceled SPAC Merger
Circle Internet Financial Ltd. wants to grow its workforce by as much as 25% this year, chief financial officer Jeremy Fox-Geen said, as the cryptocurrency operator...
The Fintech files: Kraken’s ‘savage’ layoffs, more trouble for crypto hedge funds
Employees at Kraken have become the latest victims of the crypto winter after the US-based exchange announced 1,100 job cuts. One employee said: “I went to...
The Fintech files: Kraken’s ‘savage’ layoffs, more trouble for crypto hedge funds
Employees at Kraken have become the latest victims of the crypto winter after the US-based exchange announced 1,100 job cuts. One employee said: “I went to...
Venture firm Champel Capital leads Intelligent Traffic Control investment, eyes fintech and agritech despite choppy waters for capital deployment
Champel Capital Ltd. said Wednesday it led a $5 million Series A round of venture capital for Israel-based Intelligent Traffic Control (ITC) as the firm continues...
FTX collapsed, but money will still flow to blockchain, says Carlyle CEO
David Rubenstein co-founded The Carlyle Group in 1987, and it has since become a private equity behemoth with $369 billion under management and 29 offices on...