thenextweb
BlackRock launches tokenised money market funds to back stablecoins

BlackRock wants to run the money behind stablecoins. The world’s largest asset manager has launched two tokenised money market funds built to serve as reserves for stablecoin issuers, deepening its push into blockchain-based finance. The funds are its latest step in tokenisation, the business of putting traditional assets such as Treasury bills onto a blockchain. […]<br /> This story continues at The Next Web [...]

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thenextweb
Meta and BlackRock form a $14bn venture to build an El Paso AI data centre

Meta has folded its half-built El Paso data centre into a joint venture with BlackRock, formalising a structure that keeps most of a $14bn project off its own books. Under the agreement, funds managed [...]

Match Score: 57.97

thenextweb
BlackRock’s first European Bitcoin product hailed as ‘landmark development’ for crypto

BlackRock, the world’s largest asset manager, has launched its first Bitcoin product in Europe, a move that industry experts say will help legitimise cryptocurrencies in mainstream finance.  “Thi [...]

Match Score: 56.18

Destination
The 6 best Mint alternatives to replace the budgeting app that shut down

It's been almost one year since Intuit shut down the popular budgeting app Mint. I was a Mint user for many years; millions of other users like me enjoyed how easily Mint allowed us to track all [...]

Match Score: 54.20

Destination
PayPal's blockchain partner accidentally minted $300 trillion in stablecoins

In an embarrassing error, PayPal blockchain partner Paxos accidentally minted 300 trillion of the PYUSD token today. PayPal's stablecoin, which it debuted in 2023, is supposed to be redeemable at [...]

Match Score: 46.37

thenextweb
BlackRock ordered $5 billion in SpaceX shares as IPO demand hit $250 billion, nearly 4x oversubscribed

BlackRock submitted an order to buy at least $5 billion in SpaceX shares ahead of Friday’s debut, the Wall Street Journal reported. That single order is nearly as large as the entire $5.5 billion Ce [...]

Match Score: 44.23

thenextweb
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform

Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Beha [...]

Match Score: 44.23

Destination
BlackRock Takes Majority Stake in Meta’s El Paso AI Campus

Meta and BlackRock have formed a venture that will own the gigawatt-scale data center campus Meta is building in El Paso, Texas, with funds managed by BlackRock taking an 80% interest and Meta keeping [...]

Match Score: 40.27

thenextweb
BlackRock is raising $12bn to build Meta a data centre it will own, lend to, and rent out

On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. [...]

Match Score: 36.76

thenextweb
Velocity raises $38M to move business money with stablecoins

London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s tot [...]

Match Score: 33.86