Circle has begun using its own stablecoin infrastructure to move money between internal entities, settling $68 million in transfers using $USDC, CEO Jeremy Allaire said Saturday. The transactions were executed through Circle Mint, the company’s platform for minting and redeeming $USDC. The firm’s treasury team used the system to carry out intercompany transfer pricing —
Goldman Sachs maintained its expectation regarding Fed interest rate cuts, but stated that the timing of these steps remains uncertain due to global developments and economic data. Goldman Sachs expects the Fed to cut interest rates twice this year. Lindsay Rosner, head of multi-asset fixed income investments at Goldman Sachs, said that emerging signals of
Robinhood took a hit on Friday when Venture Fund I fell 11% in its first day of trading on the New York Stock Exchange. The closed-end fund, which trades under RVI, was pitched as a way for retail investors to get exposure to private companies that usually stay out of reach until very late. Robinhood
Investors looking at the Federal Reserve after the latest jobs data got a rough answer on Friday. The labor market is getting weaker, inflation is still above the Fed’s 2% target, and officials now have less room to sound comfortable. The Bureau of Labor Statistics said nonfarm payrolls fell by 92,000 in February. Economists had
Prediction market platforms Kalshi and Polymarket are exploring fundraising rounds that could value each company near $20 billion, according to a Wall Street Journal report. Both companies have recently held early discussions with potential investors about new funding rounds, according to people familiar with the matter. Each platform was last valued at roughly half that
7 for Crypto Exposure in 2024 Blockchain technology is changing finance, supply chains, and more. But buying crypto like Bitcoin can be risky and volatile. A smart way for investors to get in on the action is through blockchain stocks. These are shares in public companies that use blockchain in their main business. Think crypto
SEOUL, South Korea – Korea Investment & Securities (KIS) has delivered a nuanced ‘Neutral’ investment rating for Kbank, the digital-focused lender that recently achieved a landmark listing on the KOSPI. This pivotal assessment, however, carries a significant caveat: the bank’s future valuation may hinge decisively on its strategic foray into the virtual asset sector. According
Robinhood Markets, Inc. made a landmark move on Friday, March 6, 2026, debuting its flagship $658.4 million venture fund – Robinhood Ventures Fund I – on the New York Stock Exchange under the ticker “RVI.” The fund is designed to give everyday retail investors access to high-profile, privately held technology companies, a space that has
The world’s largest asset manager, BlackRock, has capped investor withdrawals from one of its flagship private credit funds. This move follows a surge in redemption requests that exceeded internal limits. While the move affects a traditional finance (TradFi) vehicle, the liquidity pressures behind it could ripple into the Bitcoin and crypto markets. BlackRock Caps Withdrawals