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OpenAI says BlackRock exec Adebayo Ogunlesi is joining board

Bayo Ogunlesi, Chairman, Global Infrastructure Partners listens as US President Donald Trump speaks during a strategic and policy discussion with CEOs in the State Department Library in the Eisenhower Executive Office Building on April 11, 2017 in Washington, DC. Pool | Getty Images OpenAI said Tuesday that Adebayo Ogunlesi, a senior managing director at BlackRock, … Read more

BlackRock publishes 3 key takeaways to boost Bitcoin ETF adoption in 2025

BlackRock’s Head of Thematics and Alternative ETFs presents investors with three reasons why they should consider adopting Bitcoin ETFs in 2025 as inflows continue. In a recent market insights report, BlackRock’s Head of Thematics and Alternative ETFs, Jay Jacobs, highlighted the rapid growth of Bitcoin ETFs in the market. One of the key takeaways he … Read more

BlackRock debuts new spot Bitcoin ETF in Canada

Key Takeaways BlackRock has launched the iShares Bitcoin ETF on Cboe Canada. The newly listed fund joins other iShares ETFs already trading on the exchange. Share this article BlackRock announced Monday the launch of its iShares Bitcoin ETF on Cboe Canada. The fund, trading under the tickers IBIT (Canadian dollars) and IBIT.U (U.S. dollars), is … Read more

American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says

Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. A US federal court has ruled that American Airlines has failed workers by picking BlackRock to manage part of its pension scheme, with a judge claiming the world’s largest asset manager was tainted by “ESG … Read more

BlackRock Bought $1B Worth of BTC on the Eve of the Dip

BlackRock, the world’s leading asset management company, reportedly spent $1 billion on bitcoins just on the eve of the sharp decline of the BTC price. The latter was triggered by the Fed Chair’s announcement of the change of pace for rates cut. The announcement was accompanied by statements that dropped a shadow on the strategic … Read more

BlackRock, a16z back Elon Musk’s xAI in $6B funding round

Key Takeaways xAI raised $6B in Series C funding with major investors like BlackRock, a16z, and Fidelity. NVIDIA and AMD support xAI’s infrastructure through advanced GPU technology. Share this article Elon Musk’s artificial intelligence company xAI, announced Monday it had raised $6 billion in a Series C funding round, with backing from major investors including … Read more

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