Goldman creates Capital Solutions Group in push to expand private credit business
Pete Lyon and Mahesh Saireddy will lead the new unit Read More
Capital
Wolf Capital CEO pleads guilty in $9.4m crypto fraud case
An Oklahoma man admitted to orchestrating a cryptocurrency investment fraud scheme that duped nearly 2,800 investors out of $9.4 million. Travis Ford, 35, of Glenpool, pleaded guilty yesterday to one count of conspiracy to commit wire fraud in connection with his role as CEO, co-founder, and head trader of Wolf Capital Crypto Trading LLC. The … Read more
$190m raised, OG Labs secures capital
The second week of 2025 began with the $32.70 million sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million across various blockchain sectors. The activity shows steady capital flow in the early days of the new year. The second week’s funding numbers are almost $100 million more than that … Read more
Capital and carnival collide in Las Vegas at CES (or, how a pigeon walked into a Dunkin’)
CES is tech’s great three-ring circus, sprawling and fluorescent. Read More
Venture capital continued its slump in 2024—with Asian deals hitting their lowest count in a decade
Just over 27% of all deals happened in Asia last year, according to Pitchbook, amid geopolitical tensions and a sluggish China. Read More
MSTR Targets $2 Billion Capital Raise to Buy Bitcoin in Q1, 2025: Michael Saylor By U.Today
U.Today – Michael Saylor, the founder and executive chairman of MicroStrategy, has published a tweet to announce his company’s intention to raise additional funds to buy this year. MSTR to raise $2 billion to expand Bitcoin holdings Vocal Bitcoin evangelist Saylor shared a link to a press release that states that MicroStrategy targets a new … Read more
AI will transform CFOs into chief capital officers, says MIT researcher
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Capital One is merging with Discover: Here’s what it means for you
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more
Stablecoin to move beyond trading in 2025, Dragonfly Capital exec predicts
As banks gear up to issue stablecoins for payments, 2025 could mark a turning point for stablecoin adoption, Dragonfly Capital’s Haseeb Qureshi predicts. Stablecoins are set to revolutionize small and medium-sized business payments in 2025, shifting from trading and speculation to enabling real-world use cases like instant settlement, according to Dragonfly Capital’s managing partner Haseeb … Read more
OpenAI needs ‘more capital than we’d imagined,’ moves to for-profit
Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee … Read more