Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. The AI Infrastructure Fund, backed by BlackRock, Microsoft and...
Ondo Finance said Tuesday (Jan. 28) that it will bring tokenized U.S. Treasurys to the XRP Ledger (XRPL). This collaboration will offer institutional investors access...
Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. The company had missed a Jan. 10 deadline issued by...
Decentralized stablecoin cryptocurrency protocol Frax Finance launched a stablecoin that it said offers “unprecedented” transparency and custody. The frxUSD stablecoin is a rebranded evolution of...
Recent steps taken by the Federal Deposit Insurance Corporation (FDIC) will help ensure that fund managers are not “improperly influencing” decisions made by FDIC-supervised banks,...
BlackRock’s bitcoin exchange-traded fund (ETF) is reportedly a record-breaker, in more ways than one. The company’s iShares unit offers 1,400-plus ETFs, including its Bitcoin Trust,...
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...
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...