ALTS HEAD LOWER, GOLDMAN SACHS TO TOKENISE FUNDS, TRUMP VISITS FEDBTC dominance rises, XRP leads major altcoins lower. ETH ETFs see daily inflows for 2 weeks in a row. GS,…
Goldman Sachs and BNY are collaborating to launch digital tokens that mirror shares of money market funds. Investors can now buy and sell money market fund shares on BNY’s LiquidityDirect…
In brief
BNY Mellon and Goldman Sachs are working together on a tokenized money market fund (MMF) product.
The product will allow fund managers to subscribe to MMF shares that earn…
Goldman Sachs Q2 profit results delivered an extraordinary performance that caught Wall Street off guard, and the investment banking giant posted net revenues of $14.6 billion along with earnings per…
This is a segment from the Empire newsletter. To read full editions, subscribe.We all know that there’s some serious institutional demand out there for crypto. Two announcements made this week…
The de-dollarization may face its eventual demise in the near future. There is no doubt that there has been a growing sentiment against the US dollar over the last few…
Key Points:Goldman Sachs warns about unsustainable U.S. debt levels and fiscal risks.Interest on debt to surpass Medicare and defense spending.Potential GDP contraction and hyperinflation cited as risks.
Goldman Sachs has raised…
Key Points:
Goldman…
A volatile year has gotten even more so this week for one of the biggest companies in the world. Amid the ongoing Elon Musk split from the US President Donald…
The stock market has been increasingly volatile in the first few months of the year. However, things started to turn upward this week with major geopolitical developments taking place. Amid…