Tagged: wellington management

February 16, 2024 @ 12:18 pm By Omar Faridi  |  

Citi (NYSE:C) says it has successfully completed a proof of concept regarding the tokenization of private funds. The firm partnered with WisdomTree and Wellington Management on the project. Tokenization refers to the digitization of assets, including securities. Typically, a tokenized asset will utilize blockchain or… Read More

November 5, 2023 @ 5:42 pm By Omar Faridi  |  

Tabby, the MENA region’s shopping and financial services app, has raised $200 million in equity financing led by Wellington Management, which claims to be one of the world’s major independent investment management firms. The equity financing drew additional participation “from growth equity investor Bluepool Capital,… Read More

April 14, 2023 @ 3:13 pm By Omar Faridi  |  

The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce “as a testnet for a variety of applications and assets to measure the benefits… Read More

May 9, 2022 @ 9:32 pm By Omar Faridi  |  

The Fintech Open Source Foundation (FINOS) recently announced Wellington Management, one of the “largest” independent investment management firms, as its newest Platinum member. In addition, Wellington’s Co-Head, Technology, Madeleine Dassule will “join the FINOS board of directors.” As noted in an update shared with CI,… Read More

January 25, 2022 @ 10:56 am By Tony Zerucha  |  

Latin American Fintech Creditas today confirmed a $260 million Series F financing round, leaving it with a valuation of $4.8 billion. The company raised $829 million across six fundraising rounds. Fidelity joins as a new key shareholder along with Actyus  (a Spanish fintech investment fund)… Read More

August 12, 2015 @ 11:51 am By Samantha Hurst  |  

On Wednesday, crowdfunding platform CircleUp announced that it teamed up with media outlet Forbes to present the 25 Most Innovative Brands of 2015 list. Founder and CEO of CircleUp, Ryan Caldbeck declared: “We’ve teamed up with Forbes to celebrate the 25 most innovative consumer and retail brands… Read More

April 12, 2015 @ 4:44 pm By JD Alois  |  

CreditEase, a China based peer to peer lender and wealth management company, has partnered with US based Wellington Management to invest in pre-IPO stage companies, according to a report in the China Daily. The agreement is described as one where CreditEase will provide the capital… Read More