Tagged: morgan stanley

UK’s Thought Machine Secures $160M via Series D, Doubling Valuation to $2.7B

Statue St. James Park London UK United Kingdom

Thought Machine, the Cloud native banking tech firm, recently announced it has closed its series D funding round, led by Temasek, the global investment company headquartered in Singapore, “with participation from Intesa Sanpaolo and Morgan Stanley.” Existing investors following-on in this investment round reportedly include:… Read More

Morgan Stanley Teams Up with Greenlight to Empower Families to Raise “Financially-Smart” Kids

Child on a Swing Kids Playground

Morgan Stanley (NYSE: MS) reveals that it has teamed up with Greenlight Financial Technology, Inc. in order to bring families an “easy, convenient way to teach kids about personal finance.” All Morgan Stanley CashPlus brokerage account holders are now able to sign up for a… Read More

Morgan Stanley Is Expanding its Multicultural Innovation Lab across EMEA Region

Morgan Stanley Times Square 2

Morgan Stanley (NYSE: MS) has reportedly agreed to a £1 million investment in order to further expand its Multicultural Innovation Lab across Europe, Middle East and other areas. Initially introduced in the US back in 2017, the Lab aims to serve as an accelerator program… Read More

Morgan Stanley, Goldman Sachs, Jefferies, JPMorgan Chase Back $600M Oportun Warehouse Credit Facility

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Oportun Financial Corporation (NASDAQ: OPRT), a financial services and technology company that uses artificial intelligence to inform its credit decisions, this week announced the closing of a new warehouse credit facility of $600 million, backed by a portion of Oportun’s unsecured and secured personal loans…. Read More

Databricks, a Data and AI Firm, Finalizes $1.6B Round at $38B Post Money Valuation, to Support Data Lakehouse Adoption

Databricks, the data and AI firm, reveals that it has completed a $1.6 billion round in order to promote the innovation and adoption of the data lakehouse, as the data architecture’s utilization across data-oriented organizations keeps growing rapidly. The Series H investment round in Databricks… Read More

Nasdaq and Banks Join to Allow Trading in Private Company Securities

Nasdaq Are You With US New York City

Nasdaq has joined with several large banks to create Nasdaq Private Market, an independent company that will facilitate secondary trading in private securities. As the market for initial public offerings has slowed, largely due to the excessive cost and compliance demands, more and more companies… Read More

Bitcoin Mining Council Says BTC Mining Now Mostly Using Sustainable Energy, but Claims are Questionable: Report

Mining Hardware Computers

As the Bitcoin hashrate (the amount of computing power securing the world’s largest cryptocurrency network) experiences its worst drop ever, the newly established Bitcoin Mining Council has revealed that global Bitcoin mining is now mainly being powered by “sustainable energy.” The report from the Mining… Read More

Digital Assets: Ethereum Negative Sentiment leads to $50M Outflows, CoinShares Reports, As Morgan Stanley Bags 28K+ GBTC Shares

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James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (June 28) that for the week ending June 28,… Read More

Securitize Raises $48 Million in Funding Round led by Blockchain Capital, Funds Managed by Morgan Stanley

Carlos Domingo Head Shot

Securitize, Inc., a digital securities ecosystem platform, has raised a solid $48 million in a funding round that was led by funds managed by Morgan Stanley Tactical Value and Blockchain Capital. Said to be oversubscribed, the Series B found saw the participation of both new… Read More

Commerce Platform Lightspeed to Acquire Digital Commerce Firms Ecwid and NuORDER

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Lightspeed (TSX: LSPD) (NYSE: LSPD), the “one-stop” commerce platform for merchants across the globe to “simplify, scale and create exceptional customer experiences,” revealed on Monday (June 7, 2021) that it has entered into definitive agreements to acquire two “global leaders” in digital commerce. After the… Read More

Digital Assets: Atani Founders Reveal how Their Software Allows Crypto Traders to Conduct Seamless Transactions

New York Stock Exchange 1939 trade

We recently caught up with Paul Barroso, Co-founder & CEO of Atani and Haydeé Barroso, Co-founder & COO at Atani. Paul and Haydeé explained how their platform allows users to access many different crypto exchanges such as Binance, Huobi, Coinbase Pro, among many others. Atani… Read More

MENA Region Wholesale Banking Businesses Getting Lower Multiples from Investors than Non-Bank Entities: Report

Middle East Door MENA

Wholesale banking has been undervalued, however, it has provided consistent results during the COVID-19 crisis, according to a recent report from Oliver Wyman and Morgan Stanley. The wholesale and transaction banking report, titled “Striving to Sustain Returns,” reveals that markets and investment banking were significantly… Read More

Nexo Reports how Public Software Firm Became First to Add Ethereum to Balance Sheet, as Morgan Stanley Offers Bitcoin to Wealthy Clients

Morgan Stanley Times Square 1

Nexo, a crypto lending platform and exchange, recently commented on how Morgan Stanley became the first major bank to offer Bitcoin (BTC) to its wealthy clients. The Nexo team also revealed how a public software firm now has $50 million worth of Ethereum (ETH) on… Read More

Leading Social Investment Platform eToro Reports how Morgan Stanley has made an “Explosive” Entrance into Crypto Space

Rocket Launch 2

Leading social trading platform eToro (which recently announced it will go public in a SPAC deal via FinTech Acquisition Corp. V with valuation pegged at $10.4 billion), noted in an update published earlier this week that stimulus checks had turned the cryptocurrency market green –… Read More

Bitcoin ETF: Pending US BTC Exchange Traded Fund Applications include WisdomTree, VanEck, NYDIG Asset Mgmt, Skybridge, First Trust 

Bitcoin and Liberty Dollar CBDC

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

New York Digital Investment Group, a Tech and Investment Solution Provider for Bitcoin, Secures $200M in Capital from Strategic Partners

Bitcoin Computer Keyboard

Soros Fund Management, New York Life, and Morgan Stanley have decided to team up with Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners in order to make investments in a Bitcoin or BTC-focused investment firm, called NYDIG. The group will be working on… Read More

New York City Bars Could Make History by Selling for Bitcoin (BTC) or Ethereum (ETH) as Digital Asset Prices Keep Rising

Touch Cocktail the Ivy Drink Bar London UK

A restaurant owner based in New York City has been trying to sell his two bars for Bitcoin (BTC), the flagship cryptocurrency. Patrick Hughes had put his side-by-side bars in Manhattan’s Hell’s Kitchen neighborhood, Scruffy Duffy’s and Hellcat Annie’s, up for sale last month. Hughes… Read More

Morgan Stanley Set to Acquire Advanced Investment Strategies & Wealth Management Solutions Provider Eaton Vance

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  Morgan Stanley (NYSE: MS) announced on Thursday it is set to acquire Eaton Vance, an advanced investment strategies and wealth management solutions provider with more than $500 billion in assets under management (AUM), for an equity value of approximately $7 billion. Morgan Stanley reported… Read More

Crypto Assets Will Help Private Capital Markets in Becoming the Standard, Says Jay Biancamano, Managing Director at State Street

Bitcoin Currency Macbook Computer Trading Digital Assets Market

Jay Biancamano, the managing director and digital currency lead at giant custodian bank State Street, has argued that crypto assets will assist the private capital market in becoming the global standard for trading within the next 10 years. During a recent episode of The Block’s… Read More

Morgan Stanley to Buy ETrade for $13 Billion

Etrade New York City

Morgan Stanley (NYSE:MS), one of the most storied investment banks on Wall Street, will purchase retail online brokerage ETrade (NASDAQ:ETFC) for $13 billion. Under the terms of the agreement, ETrade shareholders will receive 1.0432 Morgan Stanley shares for each ETrade share, which represents per share… Read More

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