BlackRock
Cerebras IPO values AI chipmaker at $40B
Cerebras priced its IPO at a $40 billion valuation, nearly 5x what it was worth eight months ago. The AI capital boom is pulling investor attention and money away from crypto, with SpaceX and OpenAI listings still to come. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility
A new credit facility by Grove aims to allow instant redemptions into stablecoins from BlackRock's BUIDL and Janus Henderson's money market funds, reducing settlement time from days to instantaneous.
Moody’s assigns Aaa-mf assessments to Fidelity International and BlackRock tokenized money market funds
The assessment suggest the highest level of credit quality, liquidity and capital preservation.
BlackRock deepens tokenization push with new onchain fund offerings
The world's largest asset manager filed paperwork to expand its tokenized fund lineup as real-world assets grow 200% year over year.
BlackRock’s bitcoin ETF just hit a massive milestone that proves crypto is now a mainstream bet
IBIT options open interest topped Deribit on Friday, signaling rapid institutional adoption of regulated crypto derivatives in the U.S.
Strategy Surpasses BlackRock as World's Biggest Bitcoin Holder
Strategy now holds 815,061 BTC, edging past BlackRock's IBIT for the first time since Q2 2024, after a $2.54 billion bitcoin purchase. It's the first time a single corporate treasury has outpaced the world's largest spot bitcoin ETF. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Morgan Stanley launches cheapest Bitcoin ETF
Morgan Stanley's spot Bitcoin ETF begins trading today under the ticker MSBT, making it the first proprietary Bitcoin fund from a major U.S. bank. With 16,000 financial advisors and $6.2 trillion in client assets behind it, the launch could open a new phase for institutional Bitcoin adoption. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Morgan Stanley's bitcoin ETF opens today, giving BlackRock’s $55 billion IBIT fund its toughest rival yet
While BlackRock’s spot bitcoin ETF currently reigns as the liquidity king of crypto, Morgan Stanley’s MSBT will leverage a market-low 0.14% fee and $7 trillion wealth management engine to possibly challenge that dominance.
BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades
The asset management giant's Robbie Mitchnick said clients are focused on bitcoin, ether and only a few other tokens, and aren't looking for broad exposure. Rather, they see opportunity for crypto in artificial intelligence.
New Clarity Act draft prohibits stablecoin yield payments
The newest language on stablecoin yield in the Clarity Act restricts stablecoin yield and BlackRock CEO Larry Fink wrote in his annual shareholder letter about how tokenization and digital assets could fix the current financial system. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.
