Tagged: blackrock

Pagaya Finalizes $280M Credit Facility with BlackRock, UBS, JPMorgan Chase, Other Lenders

Pagaya Technologies LTD. (NASDAQ: PGY), a company offering AI-driven solutions for financial services, announced the closing of a credit facility with participation from Funds and Accounts managed by BlackRock U.S. Private Capital, UBS O’Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank. The facility, which… Read More

Blackrock Adds LendingClub Shares

While shares in digital bank LendingClub (NYSE: LC) have been a bit of a dog, some people see value in the future of the company. One big investor recently added shares to its holding. BlackRock recently filed an Amended Statement of Ownership showing an increase… Read More

Exchange-Traded Funds (ETFs) Have Transformed Financial Ecosystem, According to eToro and iShares Update

Exchange-traded funds —more commonly known as ETFs — have transformed the financial landscape, according to an update shared by eToro. And lately, ETFs actually became a beacon “for everyday investors as they navigated rising rates and inflation,” the eToro team noted. Investors have reportedly “poured… Read More

SoFi and BlackRock Partner on $375M Personal Loan Securitization

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced an agreement to place a $375 million personal loan securitization exclusively with funds and accounts managed by BlackRock (NYSE:… Read More

eToro and iShares by BlackRock Expand ETF Education for Investors

eToro, the trading and investing platform, is announcing the launch of free ETF courses on the eToro Academy, made possible through a new partnership with iShares by BlackRock, the largest ETF provider in the world. With a global line-up of 1300+ ETFs and $3.12 trillion… Read More

Not so fast: BlackRock Bitcoin ETF Approval Report Walked Back

BlackRock has denied reports that its Bitcoin ETF has gained approval. Expectations that the Securities and Exchange Commission (SEC) will grudgingly approve an exchange-traded product for a spot Bitcoin fund have helped to drive prices higher of BTC in recent days. Initial reports of an… Read More

VanEck’s Addition of Ethereum Futures ETF Is A Positive Sign for Institutional Acceptance of Digital Assets, Industry Professional Claims

At the end of last week we saw a number of updates regarding the push for ETFs, with VanEck readying an Ethereum futures ETF, Ark pushing to win the race for the first spot Bitcoin ETF and the US Securities and Exchange Commission (SEC) delaying… Read More

Bitcoin Tops $30K as Bulls Return to Favorite Crypto

Bitcoin (BTC) has regained a certain amount of luster in recent days.  In the past 24 hours, Bitcoin has risen from over $27,000 to now topping $30K. Much of this crypto exuberance is due to the announcement that BlackRock had filed to launch a Bitcoin… Read More

BlackRock Subsidiary Files S-1 for Bitcoin ETF

BlackRock subsidiary iShares has filed an S-1 registration statement for a Bitcoin-based exchange-traded fund (ETF). The iShares Bitcoin Trust aims to reflect the performance of the price of Bitcoin, similar to the other ETFs that have attempted to do the same. To quote the registration… Read More

BlackRock, Avaloq to Provide Tech Solutions, Addressing Needs of Wealth Managers

Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the strategic partnership, BlackRock is making “a minority investment in Avaloq.”… Read More

BlackRock to Acquire London-based Private Debt Manager Kreos Capital

BlackRock Inc. (NYSE: BLK) and Kreos Capital announced a definitive agreement under which BlackRock will acquire full control of Kreos, a provider of growth and venture debt financing to companies in the technology and healthcare industries. The acquisition of Kreos adds to BlackRock’s position as… Read More

Singlife Enhances Investment Capabilities via Tech Partnership with Citi, BlackRock

Homegrown financial services company Singlife has appointed Citi and BlackRock Aladdin to “provide it with a comprehensive technology platform to unify and transform its asset management capabilities across its front, middle and back-office offering.” Citi and BlackRock Aladdin previously “entered into an alliance to leverage… Read More

UK’s PensionBee Confirms Intention to Launch New Impact Plan

The PensionBee Impact Plan has been created in collaboration with BlackRock, specifically in response to PensionBee customer feedback. This is an innovative new product which delivers active impact investing “to mainstream investors; through the PensionBee Impact Plan savers are able to invest in companies whose… Read More

StashAway Teams Up with BlackRock to Offer Multi-Asset Model Portfolios

Southeast Asia’s wealth management company StashAway has teamed up with the world’s largest asset manager BlackRock (NYSE: BLK) in order to provide a suite of diversified multi-asset model portfolios. Developed from BlackRock’s analytics and ETFs (exchange-traded-funds), the portfolios will reportedly be managed by StashAway. Via… Read More

BlackRock Introduces Private Trust to Give Customers Exposure to Spot BTC

BlackRock (NYSE: BLK) has introduced a private trust providing institutional customers in the US with direct exposure to Bitcoin (BTC). The world’s largest asset manager confirmed the release of the new product in a blog post, however, the firm has not yet provided extensive details…. Read More

BlackRock’s Deal with Coinbase Is “Watershed Moment” for Crypto, Industry Professional Claims

  Last week, it was widely reported that Coinbase (NASDAQ:COIN) was selected by BlackRock “to provide Aladdin clients access to crypto trading and custody via Coinbase Prime.” Coinbase and BlackRock will “create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin.”… Read More

Germany’s Digital Identity Firm IDnow Acquires €60M Debt Facility

IDnow, a European identity proofing and digital identity provider, has arranged a new debt facility from funds and accounts managed by BlackRock that “provides up to €60 million in financing.” The debt facility will “enable IDnow to leverage its existing market-leading identity platform.” The company… Read More

Former BlackRock Lawyer Shahan Jamil Joins Islamic Fintech Wahed

Wahed Inc., an international Islamic Fintech firm, has announced the appointment of former BlackRock lawyer, Shahan Jamil, “as Deputy General Counsel based in London.” In this role, Shahan will be “a key contributor to the company’s legal function led by Wahed’s Chief Legal Officer and… Read More

Truelytics, Blackrock to Bring “Unique” Data and Analytics to Financial Advisors

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Truelytics recently teamed up with BlackRock (NYSE:BLK) to offer advisors “access to data, analytics, and insights to manage and grow their practices.” Financial advisors need access to the most “accurate, timely, and insightful tools for helping manage their practice and improve their valuation.” To that… Read More

Circle Raises $400 Million, Investor BlackRock Forms Strategic Partnership with Stablecoin Issuer

Circle, the second largest stablecoin issuer in the world (USDC), has raised more money. The $400 million investment was backed by BlackRock,  Fidelity Management and Research, Marshall Wace LLP, and Fin Capital. Circle said in a public statement that the round would close in Q2…. Read More

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