No matter the application, the guiding principle behind tokenization remains the same: replacing sensitive data with a digital representation (token) that protects that data. Recent weeks and months have seen the rise of what we might term two “tracks” of tokenization. There’s payment tokenization, and...
Dynasty Financial Partners has closed a minority capital raise, saying it will use the proceeds from this investment round to enhance its technology-enabled wealth management solutions and business services. The round was supported by new investors BlackRock and J.P. Morgan Asset Management, existing investor The...
Technology firms are launching ambitious artificial intelligence projects aimed at transforming multiple industries. From Nvidia’s telecom platform to HubSpot’s marketing suite and a $100 billion data center initiative backed by Microsoft and BlackRock, these efforts promise to overhaul everything from wireless networks to supply chains...
A newly formed coalition of tech and finance titans is betting $100 billion that artificial intelligence (AI) could alter global trade infrastructure, launching an ambitious plan to build a network of AI-ready data centers that could reshape how businesses operate worldwide. The Global AI Infrastructure...
August 09, 2022
How bad was crypto exchange Coinbase’s second quarter? Well, one of the first things CEO Brian Armstrong said was, “there’s a phrase that we say often internally at Coinbase, it’s never as good as it seems. And it’s never as bad as it seems.” So, not good. The Nasdaq-listed cryptocurrency exchange saw trading volume and […]
December 08, 2024
Investment giant BlackRock expects 2025 to be a big year for infrastructure and cybersecurity. And the artificial intelligence (AI) boom will play a major role in those investments, Jay Jacobs, BlackRock’s U.S. head of thematic and active ETFs, told CNBC in a report published Saturday (Dec. 7). “It’s still very early in the AI adoption […]
October 08, 2024
Dynasty Financial Partners has closed a minority capital raise, saying it will use the proceeds from this investment round to enhance its technology-enabled wealth management solutions and business services. The...
September 17, 2024
A new artificial intelligence (AI) partnership that includes Microsoft and BlackRock aims to mobilize up to $100 billion in total investment potential for data centers and sources of power for...
August 28, 2024
BlackRock is reportedly looking to auction off Amazon aggregator SellerX after SellerX stopped making payments on a loan. The auction is scheduled for Sept. 17 in Berlin, Bloomberg reported Wednesday...
