Tag: manager

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$1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF

T. Rowe Price has brought what it said is the industry's first actively managed multi-token spot crypto exchange-traded fund (ETF) to the market.The T....

Grayscale’s CFO exits after 7 years with crypto asset manager

Grayscale's chief financial officer Edward McGee has stepped down after seven years at the crypto asset manager, becoming the latest senior executive to leave...

New York Life’s $800B asset manager makes tokenization debut with Centrifuge fund

The launch adds another blue-chip asset manager to Wall Street's tokenization push. Firms including BlackRock, Franklin Templeton, Apollo and Janus Henderson have embraced onchain...

Invesco, $2.5T asset manager, files for tokenized fund targeting stablecoin reserves

Invesco's move is another sign of asset managers increasingly chasing a new business opportunity created by stablecoins. These cryptocurrencies are designed to maintain a...

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

Baillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant...

Asset manager L&G brings its $68 billion money market funds onchain via Calastone

Legal & General Asset Management announced Wednesday that it placed the more than 50 billion pounds (roughly $68 million) in liquidity funds that it...

Aave loses key risk manager Chaos Labs amid contributor exodus and disputes

Chaos Labs, one of Aave’s key risk managers, is leaving the DeFi lending giant's ecosystem, marking the latest in a string of high-profile contributor...

Crypto asset manager CoinShares (CSHR) to list on Nasdaq after $1.2 billion SPAC deal

CoinShares, a leading European digital asset manager with over $6 billion under management, is set to begin trading on the Nasdaq Stock Market under...

Jack Dorsey says AI should replace the middle manager after Block (XYZ) cuts 4,000 jobs

In Jack Dorsey's view of the world, the job most at risk from the AI revolution is the middle manager.Dorsey argues in a new...

Starling Bank Launches UK’s First Agentic AI Money Manager to Automate Personal Finance

Starling Bank has rolled out the UK’s first Agentic AI money manager, introducing a conversational interface capable of actively managing personal finances on a...

Invesco (IVZ), a $2.2 trillion asset manager, joins BlackRock and peers in tokenized fund push

Invesco, a U.S.-based asset manager overseeing $2.2 trillion in assets, will take over management of Superstate’s tokenized U.S. Treasury fund in a move that...

Coinbase’s (COIN) asset manager bring its bitcoin (BTC) yield fund onchain with Apex

Exchange giant Coinbase's (COIN) asset management arm is bringing its bitcoin yield fund onchain, creating a tokenized share class of the fund with $3.5...