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Harvard University's endowment has announced a substantial investment of $443 million in BlackRock's iShares Bitcoin Trust (IBIT), marking a significant move as it represents 20% of the endowment's U.S.-listed public equity holdings. This investment is noteworthy given that institutional investors typically steer

Harvard University's endowment has invested $443 million in BlackRock's iShares Bitcoin Trust (IBIT), marking its largest known equity position in a single asset. This investment represents over 20% of the endowment's reported U.S.-listed public equity holdings, a significant move considering that institutional

Harvard University's endowment has made a notable investment of $443 million in BlackRock's iShares Bitcoin Trust (IBIT), marking it as the fund's largest known equity position. This investment constitutes over 20% of Harvard's reported U.S.-listed public equity holdings, a significant

Alibaba is set to enhance its global business-to-business platform by utilizing tokenized deposits that are backed by fiat currencies such as the US dollar and euro, in collaboration with JPMorgan. This technology aims to streamline cross-border payments, expediting transactions and reducing the reliance on intermediaries by enabling direct transfers over

Alibaba's global business-to-business platform is set to utilize tokenized deposits backed by fiat currencies like the U.S. dollar and euro in partnership with JPMorgan. This collaboration aims to streamline cross-border payments by leveraging blockchain technology to facilitate faster transactions and reduce the dependency on intermediaries. Currently, international

Alibaba is set to utilize JPMorgan’s blockchain technology to implement tokenized deposits backed by fiat currencies like the US dollar and euro for cross-border payments. This collaboration aims to streamline transactions by minimizing intermediaries and accelerating digital currency transfers over a blockchain framework. The company will initially focus on