#BNYMELLON News

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In the Market: Fed piloting another tricky soft-landing

aol.com The Fed is close to delivering a rare soft landing for the U.S. economy but it faces yet another fraught challenge: reducing cash in the financial system without disrupting…

Qira Launches Security Deposit Payment Plan Solutions for Property Managers

pymnts.com Qira has added security deposit payment plans to its financial services platform for renters and property managers. With this new offering, property managers can let their…

5 Altcoins Poised for Growth Amidst BlackRock’s Investment Plans

coinpedia.org Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on…

BNY Mellon to enable buy-side to direct repo trades at point of execution

thetradenews.com BNY Mellon has partnered with GLMX to enable buy-side clients to direct repo trades at the point of execution to BNY Mellon’s Triparty platform. The two firms said the…

Women and investing in 2024: Here’s everything you need to know

aol.com Women have altered the investing landscape in a big way over the past couple decades. While the stereotype of the typical investor targeted by the investment industry might…

BlackRock’s tokenized fund 'brings legitimacy' to public blockchains: Bernstein

theblock.co BlackRock’s planned tokenized fund launch “brings legitimacy” to public smart contract chains like Ethereum, according to analysts at research and brokerage firm Bernstein.…

Four ways BlackRock’s tokenised fund on Ethereum will revolutionise markets

dlnews.com On the heels of BlackRock’s wildly sucessful foray into Bitcoin exchange-traded funds, the world’s largest asset manager announced a tokenised fund on the Ethereum…

Ex-Citadel dev turned crypto exchange founder has a plan to prevent the next FTX

dlnews.com As disgraced crypto exchange founder Sam Bankman-Fried braces for sentencing this week, the industry is amping up efforts to prevent the kind of fraud that led to FTX’s…

BlackRock’s New Tokenized Fund Brings TradFi, Crypto Closer: Bernstein

coindesk.com None BlackRock last week unveiled its first tokenized fund on a public blockchain. • None The investment manager has involved key institutions from both the TradFi world and…

RWA Tokens Rally 81% In One Week As Institutions Dive Deeper Into On-Chain Finance

thedefiant.io Six of the 15 largest RWA governance tokens are up more than 100% in seven days. Real-world assets (RWAs) are on fire, with RWA governance tokens surging as institutions…

Goldman Seeing 'Resurgence of Interest' for Crypto Options From Hedge Fund Clients: Bloomberg

coindesk.com None The spot bitcoin ETF approval has triggered an increase in interest among Goldman's clients. • None The banking giant is expanding the offerings to asset managers, bank…

How 80-year-old Fidelity became a crypto pioneer

fortune.com In 2017, amid crypto’s first full-blown bull cycle, Fidelity allowed employees to start paying for their lunch in the staff cafeteria using Bitcoin. From the outside,…

Bitcoin's Swing Week on Bankless

bankless.com Bitcoin had a rollercoaster of a week, dipping into Wednesday's FOMC meeting before shooting up, only to come down again! The asset's price swung between ~$60k and ~$66k.…

With Bitcoin Reaching New Heights, What Is Next for Crypto?

entrepreneur.com It's clear the crypto industry feeds off its successes, but with a more stable foundation, the industry can better insulate itself from the volatility that has plagued it…

Stocks ride Fed's dovish tilt while bonds fret over key hidden risk

thestreet.com The Federal Reserve dropped more than a few hints that in the spring it intends to reverse some of its more than 5 percentage points of interest-rate hikes over the past two…

BlackRock debuts BUIDL, its first tokenized fund on Ethereum

cryptobriefing.com Global investment manager BlackRock announced on Wednesday the launch of its first tokenized fund powered by the Ethereum blockchain. The BlackRock USD Institutional Digital…

Alt Credit Gains Ground With Banks and Forges New FinTech Collaborations

pymnts.com Banks — the stalwarts of traditional lending — are finding new channels and conduits to getting capital to borrowers, across alternative channels, and with FinTech…

BlackRock Enters Asset Tokenization Race With New Fund on the Ethereum Network

coindesk.com The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase…

First Mover Americas: Crypto Market Volatility Heats Up

coindesk.com This article originally appeared in First Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

Ethereum Welcomes BlackRock's Yield-Bearing Stablecoin

bitcoinist.com On Wednesday, BlackRock, the world’s largest asset manager, announced the launch of its first tokenized fund on the Ethereum blockchain, marking a significant stride in…

BlackRock unveils Coinbase as key partner in $100 million Ethereum token fund

cryptoslate.com Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund…

Ethereum Price is Up 12%; Why is ETH Price Rising Today?

coingape.com After painting the performance chart red all week to match Bitcoin price downward trend, Ethereum has returned. After dropping below $3,350, the Ethereum price has…

Looming US stock changes could cause headaches for international funds

aol.com NEW YORK/LONDON (Reuters) - The looming introduction of a shorter settlement cycle for U.S. securities is causing headaches for international fund managers, who face…

Why BlackRock Partnered With This Crypto Firm For Its Tokenized Investment Fund

beincrypto.com Coinbase has ascended to become a key infrastructure provider for the world’s largest asset manager – BlackRock’s novel blockchain fund. This collaboration marks a…

How BlackRock’s Launch Of A Yield-Bearing Stablecoin On Ethereum Is A Game-Changer

coingape.com World’s largest asset manager BlackRock announced the official launch of the tokenized asset fund on the Ethereum blockchain network, a day after submitting its filing to…

BlackRock Unveils ‘BUIDL‘ Tokenized Asset Fund on Ethereum

decrypt.co After leaving financial and crypto market watchers reading tea leaves to divine its next big move, investment titan BlackRock spilled the tea late Wednesday on its tokenized…

Goldman Sachs AM set to leverage BNY Mellon’s buy-side trading solution

thetradenews.com BNY Mellon is set to offer its buy-side trading solution to Goldman Sachs Asset Management as the firm continues to expand the reach of its outsourced trading offering…

Japan stocks rise, yen slips to 150 after BOJ makes landmark policy shift as expected

investing.com Japanese shares ended higher on Tuesday, while the yen slid to 150 per dollar after the Bank of Japan as widely expected ended eight years of negative interest rates and…

Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility

pymnts.com For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset…

Is the world’s most important asset market broken?

economist.com In 1790 America’s finances were precarious: debt-servicing costs were higher than revenues and government bonds traded at 20 cents on the dollar. Alexander Hamilton, the…

Banking and CBDC Weekend Roundup 16/03/2024

observers.com For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, stablecoins and central bank digital currency (CBDC) updates,…

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