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Citigroup Ups Focus on Privately-Held AI Startups
Citigroup is reportedly increasing its research efforts into private companies. [contact-form-7] Heath Terry, a veteran of firms like Goldman Sachs, joined Citi to head coverage of the artif...
Goldman Sachs, BNY to Launch Tokenized Money Market Fund
The initiative uses “mirror tokens” of MMF shares on Goldman’s private blockchain platform...
BNY, Goldman Sachs ink tokenized money market fund deal to bring $7.1 trillion industry onchain
BNY and Goldman Sachs unveiled a tokenized money market fund platform that mirrors traditional shares, a first in the U.S. aimed at faster settlement....
Demand to the ‘Order of Trillions’ Could Be Coming for US Debt, According to Treasury Deputy Secretary Michael Faulkender – Here’s How
Trillions of dollars could flow into the US Treasury market following the approval of a landmark stablecoin bill, accord...
JPMorgan Chase Considering Allowing Clients To Borrow Against Their Crypto Assets: Report
The financial giant JPMorgan Chase is reportedly considering loaning against its clients’ Bitcoin (BTC) and Ethereum (...
Goldman Sachs, BNY Mellon to Offer Tokenized Money Market Funds as Establishment Finance Moves Aggressively into Digital Assets
Goldman Sachs (NYSE:GS) and BNY Mellon (NYSE:BK) have announced they will soon offer tokenized money market funds. Tokenization, or the digitization of an asset, refers to the use of blockchain techno...
Goldman Sachs, BNY Mellon Launch Tokenized Money-Market Funds
Goldman Sachs Group Inc. and Bank of New York Mellon Corp. are preparing to let institutional clients buy and hold money-market fund shares that are recorded on a private blockchain...
Spotify removes AI-generated tracks impersonating deceased artists
AI-generated music recently appeared on Spotify pages of deceased artists, prompting swift removal and raising industry concerns regarding content authenticity and platform responsibility. The emergen...
FBI Ends Kraken Founder Jesse Powell Probe, Returns Seized Devices
The FBI has officially closed its investigation into Kraken founder Jesse Powell and returned multiple electronic devices seized during a 2023 raid. Federal prosecutors sent Powell a declination l...
Apple’s $10B AI Crisis. 3 Bold Moves To Reinvent Its Future.
Maybe it was when Ruoming Pang, the executive leading Apple Intelligence, jumped ship earlier this month to Meta’s new Superintelligence Labs. Or when a leaked internal memo in March described A...
Newswire > Tag: money
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