News with the tag "Asset Management"

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South Korea's Financial Supervisory Service (FSS) has issued a verbal directive to limit crypto-related exposure in ETFs to 10%, reinforcing the nation's cautious stance on digital assets and impacting existing funds with higher allocations.

BlackRock's acquisition of a 5.6% stake in KULR Technology highlights its strategic interest in the company's thermal management and battery safety solutions, signaling institutional validation and potential growth opportunities.

The CEO of SBI Global Asset Management highlights XRP as a significant wealth transfer opportunity due to its real-world utility in cross-border payments and growing institutional adoption.