Tag: Bloomberg

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SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg

The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.

Canton Network’s Digital Asset targets $2 billion valuation in raise led by a16z crypto: Bloomberg

Digital Asset Holdings, the company behind the Canton Network blockchain used by several major banks and trading firms, is seeking $300 million from investors...

Polymarket seeks CFTC approval to reopen main exchange to U.S. traders: Bloomberg

Polymarket is seeking approval from the Commodity Futures Trading Commission (CFTC) to bring its main prediction market back to U.S. users.The company has discussed...

Powell, Bessent Warn Banks About Security Risks From Anthropic’s Mythos AI: Bloomberg

In brief U.S. officials warned major banks about cybersecurity risks tied to Anthropic’s Mythos AI model, Bloomberg reports. The system can reportedly identify and exploit vulnerabilities...

Standard Chartered explores full takeover of crypto custodian Zodia: Bloomberg

Standard Chartered PLC is reportedly seeking to fully acquire Zodia Custody Ltd. to merge it with one of its digital asset divisions, sources close...

Morgan Stanley’s Bitcoin ETF Set to Launch on April 8: Bloomberg

MSBT will launch tomorrow as the lowest-fee Bitcoin ETF on the market, potentially kicking off a fee war among funds.Morgan Stanley's much-anticipated spot Bitcoin...

‘A Hurricane Coming’: Bitcoin Could Fall to $10K This Year, Says Bloomberg Analyst

In brief Bloomberg Intelligence’s Mike McGlone reiterated his view that Bitcoin’s price could fall to $10,000 this year. He argued that the leading cryptocurrency by market...

Prediction market Kalshi raises $1 billion at double its December valuation: Bloomberg

Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter.The...

Bloomberg Strategist Warns of 2008 Replay for Global Markets

As the conflict involving Iran drags on and global energy supplies risk prolonged disruption, most financial assets are likely to behave like risk assets,...

Bloomberg strategist doubles down on $10,000 bitcoin call but peers say its ‘silly’

Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall...

Banking Giant Barclays Mulls Crypto Payments Push: Bloomberg

In brief Barclays has requested information from technology providers regarding a potential push into blockchain, according to Bloomberg. The banking giant is said to be considering...

Barclays explores blockchain platform for payments: Bloomberg

Multinational bank Barclays (BARC) is exploring the creation of a blockchain platform for payments and other processes, Bloomberg reported on Friday.The London-based financial services...