News with the tag "barclays"

A filing by the asset management company Strategy (formerly MicroStrategy) with the U.S. SEC on March 18 revealed that the firm planned to issue an additional 5,000,000 shares of its 10.00% Series A Perpetual Strife Preferred Stock. The firm also confirmed that the stock would be available at $100 p...

The multinational banking giant Barclays holds nearly $137 million worth of BlackRock’s iShares Bitcoin exchange-traded fund (ETF). The London-headquartered bank disclosed it holds 2,473,064 shares of BlackRock’s IBIT fund in a recent quarterly filing submitted to the U.S. Securities and Exchange Co...

Is traditional finance finally embracing crypto? The latest news suggests a resounding YES! British banking giant Barclays has just revealed a significant $131 million investment in BlackRock’s IBIT, a spot Bitcoin ETF . This move isn’t just a drop in the ocean; it’s a tidal wave signaling a potenti...

Barclays PLC has become the latest traditional financial institution to reveal its association with the crypto market. The British bank with operations all over the world disclosed a $131 million investment in Bitcoin through Blackrock’s iShares Bitcoin Trust ETF (IBIT). BlackRock’s IBIT launched in...

The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September 2024.

Eight financial giants are shelling out tens of millions of dollars to settle a decade-long whistleblower lawsuit. JPMorgan Chase, Bank of America, Citigroup, Morgan Stanley, Fifth Third Bancorp, Barclays, Bank of Montreal (BMO) and William Blair were sued in 2014, accused of reaping millions in ill...

TL ; DR The African Development Bank (AfDB) has successfully issued a $750 million perpetual hybrid capital note, marking a historic moment for multilateral development banks. This financial approach, a first for institutions facing mounting pressures to enhance lending capabilities, comes as the G2...

JPMorgan successfully executed its first live blockchain transaction today involving tokenized shares, heralding a new era for collateral management. The banking giant facilitated the transfer of tokenized BlackRock money market fund shares to Barclays as collateral for a derivatives contract. As in...

JPMorgan has executed its first live blockchain-based collateral settlement, partnering with BlackRock and Barclays. Utilizing the bank’s Ethereum-based Onyx blockchain alongside the newly introduced Tokenized Collateral Network (TCN), this transaction signifies a momentous stride regarding asset to...

The Tokenized Collateral Network enables the conversion of traditional assets into digital assets and makes way for faster and more secure on-chain settlements.