Author: Charlotte

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

The current process allows ETFs that meet certain conditions to jump into the markets without requiring a complicated request for exemption from the regulator, and that approach has seen an explosive growth from $4 trillion in 2019 to $12 trillion in 2025.”It is designed to build a record that could be used to justify policy changes in the future that would permit ETFs focused on a broader universe of assets,” said TD Cowen policy analyst Jaret Seiberg, in a note to clients. He said the broader range of ETFs could include “those based on event contracts, crypto assets and single-stock…

Login Stay up to date with the latest news Create account Stay up to date with the latest news Authentication Create account Log in with Create your account with Source link

Which tokens could benefit from the Clarity Act? [Photo: Grayscale] [Digital Today reporter Yoonseo Lee] As discussions in the U.S. Congress over the Clarity bill progress, crypto application tokens that generate actual fee revenue are being put up for reassessment. On June 26 (local time), blockchain media outlet CryptoSlate reported that asset manager Grayscale sees tokens linked to on-chain financial services such as trading, lending and staking as potential beneficiaries if a federal-level regulatory framework is established. The key is easing regulatory uncertainty. The Clarity bill includes provisions that specify regulatory responsibility for digital assets and companies that trade them.…

The scalpers in Hong Kong have met their match this time. Recently, tickets for the Hong Kong leg of the BTS World Tour ‘ARIRANG’ went on sale for three consecutive days. In just a few minutes, almost all the publicly available tickets were snapped up. However, a large number of tickets quickly appeared on the secondary market, and some ticket prices were even inflated to 23 times the original price. What should have been a day of celebration for the fans (Army) turned into a chaotic battle of fans’ rights protection, boycotts, and reports against scalpers. Statistics compiled by fans’…

Generation raised over $1 billion for Sustainable Private Equity Fund II and related co-investment vehicles. The fund will back sustainability platforms in energy, software, data, distribution and industrial workflows. Early investments include Octopus Energy, Kraken Technologies and IFS, with exposure to energy transition and asset-heavy sectors. Generation targets the systems layer of sustainability Generation Investment Management has closed Sustainable Private Equity Fund II, raising over $1 billion with related co-investment vehicles to back companies driving sustainability across core industries. The sustainable investment manager said the fund, known as SPEF II, will focus on “sustainability platforms.” These are scaled, mission-critical businesses…

Most investment advice is built around action. Buying at the right moment gets the attention. Staying the course rarely does. Gold’s long history as a store of value makes a quiet argument for the discipline of doing less, and doing it consistently.Across economic cycles stretching back decades, gold has functioned as a reliable preserver of purchasing power. The investors who captured that performance most fully were rarely the most active in the market. They were the ones who held.Why inactivity is a strategy, not a defaultBehavioral finance has long documented what active traders rarely want to hear: lower trading frequency…

Every so often, Ripple turns up somewhere that makes XRP (CRYPTO:XRP) investors take notice. This time it’s the launch lineup for Open USD, a new stablecoin backed by Mastercard, Visa, Stripe, BlackRock, and more than 140 other companies. However, Open USD isn’t Ripple’s coin—it’s a shared stablecoin run by an independent company, Open Standard, and governed by a board of its partners, with Ripple just one name on the list. Ripple signed on as a day-one integration partner, which means it’s putting the XRP Ledger forward as one of the rails the coin can run on, not issuing or controlling…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

OAKS, Pa. – SEI (NASDAQ:SEIC) announced today the launch of SEI Transfer Agency and Registry Services, Inc., a Securities and Exchange Commission-registered transfer agency designed to support traditional and alternative asset managers offering SEC-registered, retail-distributed funds. The new transfer agency will service semi-liquid alternative investment funds, including ’40 Act registered closed-end interval funds, closed-end tender offer funds, business development companies, and ’34 Act registered 3(c)(7) funds. The service utilizes core technology from Envision Financial Systems, an investor accounting platform provider. SEI’s institutional transfer agency has operated for 18 years, currently servicing more than 1,100 funds representing $395 billion in assets…