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Fintech Nexus Newsletter (March 20, 2024): BlackRock partners with Securitize to create tokenized fund

Crowdfunding
The world’s largest asset manager continues to embrace crypto. Yesterday, it was revealed (here is the SEC filing) that BlackRock has created a fund called the BlackRock USD...

How Much Reddit Wants to Raise in Upcoming IPO, New Details | Entrepreneur

SPACS
Social media forum Reddit, which has been around for nearly two decades, is finally going public. An SEC filing released today shows that the...

How Much Reddit Seeks In Valuation in Upcoming IPO | Entrepreneur

SPACS
Social media forum Reddit, which has been around for nearly two decades, is finally going public. An SEC filing released today shows that the...

BlackRock’s Global Allocation Fund Eyes Spot Bitcoin ETFs, Expects Institutional Uptake to Drive BTC Above $600k

Blockchain
Advertisement &nbsp &nbsp BlackRock, one of the world’s largest asset managers with over $9 trillion...

Reddit Users Debate Preregister to Buy Shares, Deadline Near | Entrepreneur

SPACS
Last month, Reddit gave 75,000 power users first dibs on stock before the company goes public later this year.Though Reddit may have pitched the...

Hot Funds for Cool Tech: Geothermal Company Fervo Energy Raises $244M

Carbon
Geothermal startup Fervo Energy Co. secured a substantial $244 million round, led by shale oil and gas giant Devon Energy Corp. The Houston-based geothermal...

Astra warns of liquidation if proposal to go private falls through

Aerospace
WASHINGTON — The board of spacecraft propulsion and launch vehicle company Astra has warned that if it is unable to complete a deal offered...

Lockheed Martin offers to acquire Terran Orbital

Aerospace
WASHINGTON — Lockheed Martin has proposed acquiring smallsat manufacturer Terran Orbital, which it already owns a stake in and does business with, for more...

Cencora data breach is unfortunately confirmed

Big Data
The Cencora data breach resulted in unauthorized access and theft of data from its corporate IT systems. Formerly identified as AmerisourceBergen, Cencora plays a...

🔴 Ether Gains Momentum | This Week in Crypto – Feb 26, 2024

Blockchain
Bitcoin posts its first red week in a month as Ether shines, Reddit reveals its crypto holdings and newly disclosed emails from Satoshi show...

Social Media Giant Reddit Reveals Bitcoin ($BTC) and Ether ($ETH) Holdings

Blockchain
Social media giant Reddit has revealed investments of its excess cash in Bitcoin ($BTC) and Ether ($ETH), placing it among a select group of...

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Blockchain
Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public...
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