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Goldman Sachs
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Blockchain NewsCiti, Goldman and 19 more banks are building a stablecoin, and Circle’s stock is already bleeding
Twenty-one banks and asset managers just announced they’re forming a company to issue stablecoins. Circle’s stock is down about 6% today, underperforming most crypto-linked stocks. That’s the whole…
George Tsagkarakis3 min read
Blockchain NewsGoldman Sachs is buying NEOS for $2.25B, and with it $1B in Bitcoin income ETFs
Goldman Sachs just bought its way into crypto-income ETFs instead of building the products itself. The bank said Wednesday it has agreed to acquire NEOS Investments in a…
AI Chips & HardwareNvidia backstops its own chips’ resale value to unlock $500 billion in AI financing
Nvidia just told the market it will eat part of the loss if its own GPUs turn out to be worth less than promised. Not a slogan. A…
Blockchain NewsTD Cowen puts the Clarity Act at 25% odds this fall
Twenty-five percent. That’s the number investment bank TD Securities put on the crypto market structure bill’s chances in a note published Monday, and it’s the kind of figure…
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