Amazon's $1 billion industrial innovation fund is set to increase investments in companies that integrate artificial intelligence and robotics, aiming to enhance efficiency across its logistics network.
Monday, March 4, 2024Amazon finalized a $4 billion investment in Anthropic, its largest venture investment yet.
BlackRock's Global Allocation Fund may soon include investments in Bitcoin exchange-traded products, according to a revised prospectus lodged with the SEC. This is the second fund that BlackRock has filed to include Bitcoin ETFs in. BlackRock says that these ETFs help the funds gain access to bitcoin exposure, helping them create a more diversified investment strategy.
Monday, March 11, 2024This thread provides a comprehensive guide for newcomers with smaller portfolios on how to make the most of it. It outlines strategies such as airdrop farming, trading memecoins, spotting low-cap gems, participating in IDO sales, and private sales. It also suggests participating in giveaways, getting jobs in the space, monitoring whale wallets, hunting alpha, and identifying trends and networking. Each point provides detailed explanations, examples, and potential risks, making it a handy reference for beginners in crypto investing.
The trillion-dollar Government Pension Investment Fund of Japan is exploring alternative "illiquidity assets" such as Bitcoin for potential investment opportunities. This comes after Bitcoin's recent all-time high and a 130% surge in price over the past year. Although no commitment was made towards investing in cryptocurrencies, this inquiry suggests that the fund at least has some interest in digital assets.
Ondo is launching instant investment and redemption for its OUSG product, bypassing traditional securities settlement times. An additional form of OUSG, described as rOUSG, will maintain a steady mint/redeem price of $1.00, with yields distributed daily. A conversion tool will also facilitate immediate OUSG and rOUSG conversion. Meanwhile, a significant portion of OUSG's assets will be placed into the BlackRock USD Institutional Digital Liquidity Fund.
BlackRock's first tokenized investment fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), has attracted $160 million in inflows within the first week of its launch, boosted by contributions from tokenized real-world asset platform, Ondo Finance. The fund, which invests in U.S. Treasury bills, repurchase agreements, and cash, provides dividends to qualified investors in the form of tokens representing U.S. dollar yield.
LottieFiles has announced strategic investments from Figma Ventures and Webflow Ventures. With more than 9 million users and 280,000+ teams, the company recently launched Lottie Creation, a web-based creation tool, and has been focused on building integrations with popular design tools. Through the investment, the company wants to lower the entry barrier for animation so it can be included in more projects.
The State of Wisconsin Investment Board, a state agency responsible for public retirement and trust funds, filed reports showing that it holds $163 million in Bitcoin ETFs. $99 million is held in BlackRock's iShares ETF, with $63 million in the Grayscale Bitcoin Trust. The Board also holds shares of Coinbase, Marathon Digital, Riot Platforms, MicroStrategy, and other crypto-related companies. Analysts expressed surprise at the rapid adoption of Bitcoin by a state pension fund.
President Biden will participate in unveiling the plans, aimed at boosting the economy and creating tech jobs.
Sam Altman is one of Silicon Valley's most prolific and aggressive individual investors. He manages an investment empire with holdings worth at least $2.8 billion as of early this year. Much of the portfolio isn't widely known. This article takes readers through what's known about Altman's investments.
MakerDAO is set to launch an open competition to invest $1 billion in tokenized U.S. Treasury products, attracting interest from major players like BlackRock's BUIDL, Ondo Finance, and Superstate. This move is expected to significantly boost the $1.8 billion tokenized real-world asset market.
With governments and auto companies racing to switch to renewables, electric vehicles will soon be the only cars - and almost all of them run on lithium batteries. Not since the invention of the steam engine has a fuel technology promised such a globally transformative impact - and presented such an investment opportunity. U.S. DoE and General Motors-Backed EnergyX has designed patented technology that can extract up to 300% more lithium than traditional methods. Predicted to dominate extraction in the near future, huge excitement has surrounded the launch of their most recent open-to-the-public investment round. This century will be defined by lithium. Don't miss your chance to invest in the future.
- Elon Musk considers discussing with Tesla about investing $5 billion in his private AI company, xAI.
Elon Musk says that he will ‘discuss' with Tesla regarding investing $5 billion in xAI, his own private artificial intelligence company.
The State of Michigan Retirement System has invested $6.6 million in the ARK 21Shares Bitcoin ETF, marking it as the second pension fund to invest in spot bitcoin ETFs, signaling a growing institutional interest in crypto assets. Previously, Wisconsin's investment board reported substantial holdings in BlackRock's iShares Bitcoin Trust and Grayscale Bitcoin Trust, indicating a trend towards longer-term institutional investments in bitcoin.
Grayscale has announced the launch of the first U.S. XRP Trust, providing select investors with exposure to the Ripple token. Following a similar trajectory to its Bitcoin and Ethereum trusts, which eventually became ETFs, the market is now speculating that an XRP ETF could be next.