Latest News

New York-based Allium, a blockchain data platform, has secured $40 million in a new Series B round of funding, led by Amplify Partners, with participation from existing investors Kleiner Perkins and Theory Ventures.  The AI-powered platform helps clients understand how stablecoins and tokenized assets are being utilized through products like its Terminal solution, which enables financial professionals to obtain data about individual blockchain transactions across over 150 chains.  Allium plans to deploy …

Morgan Stanley’s North Haven Private Income Fund (PIF), an $8 billion non-traded business development company, limited investor withdrawals during the second quarter after redemption requests exceeded the fund’s quarterly liquidity threshold. According to a company filing, investors sought to redeem 11.6% of outstanding shares during the quarter, well above the fund’s 5% quarterly redemption cap. …

Figure Technology Solutions is making a bold move to expand its blockchain-based capital markets platform, announcing a $717 million agreement to acquire Kiavi, an AI-powered lending platform serving residential real estate investors. The deal includes a joint venture with Sixth Street to purchase loans off Kiavi’s balance sheet. Kiavi has spent 13 years building a …

Morgan Stanley Wealth Management has launched a new referral arrangement with Galaxy Digital designed to help eligible clients more efficiently integrate digital assets into traditional investment portfolios. The program allows qualified Morgan Stanley clients to lend cryptocurrencies, including Bitcoin, Ether and Solana, to Galaxy and receive shares of exchange-traded products with exposure to spot digital …

Securitize has expanded its Tokenized AAA CLO Fund (STAC) to the Solana blockchain, with Ethena Labs planning to allocate $250 million to the strategy in what would rank among the largest commitments to tokenized structured credit on the network to date. STAC employs a fundamentals-driven investment strategy without the use of leverage, investing substantially all …

Wafra has agreed to acquire Navitas Credit Corp. from United Community Bank for $1.9 billion in cash, expanding its presence in specialty finance and equipment leasing. The acquisition will be made through investment funds advised by Wafra and is expected to close in the third quarter of 2026. Founded in 2008, Navitas specializes in financing …

Executive summary Kevin Warsh’s first policy decision as Fed chair delivered a hawkish surprise in tone rather than action, holding rates steady but signaling a clear willingness to tighten if inflation re-accelerates. Markets responded with a front-end-led curve flattening, higher real yields, and still‑tame breakeven inflation, reinforcing a late‑cycle regime where quality duration and defensive …

Alan Greenspan, the influential economist who served as chairman of the Federal Reserve under four U.S. presidents and helped shape monetary policy for nearly two decades, died Monday at the age of 100. His wife, veteran NBC News journalist Andrea Mitchell, said he died at home from complications related to Parkinson’s disease. “He was a …

Edward D. Jones & Co. is expanding its workplace retirement offerings through a series of partnerships aimed at serving businesses ranging from startups to large employers. The firm will offer full-service recordkeeping solutions for startups and small businesses through J.P. Morgan Asset Management’s Everyday 401(k) plan. J.P. Morgan has served as a product partner to …

Pathstone has combined with Mill Creek Capital Advisors, strengthening its presence in the Philadelphia region and expanding its capabilities serving ultra-high-net-worth families, single-family offices and institutional clients. The transaction, which became effective June 1, brings together two independent registered investment advisory firms with a shared focus on customized wealth management and family office services. Founded …

OpenAI and Broadcom have unveiled Jalapeño, OpenAI’s first custom AI accelerator chip, designed from the ground up to handle large language model inference rather than adapted from general-purpose hardware. Engineering samples are already running production workloads in the lab, including GPT-5.3-Codex-Spark, at target frequency and power. Early testing shows performance per watt substantially ahead of …

Conifer Infrastructure Partners has closed its inaugural investment vehicle, Conifer Infrastructure Partners I, LP, at its $900 million hard cap, exceeding its initial $500 million target and completing fundraising in less than five months. The fund will invest in infrastructure platforms focused on the energy and critical materials sectors, areas Conifer believes are poised to …

Morgan Stanley’s North Haven Private Income Fund (PIF), an $8 billion non-traded business development company, limited investor withdrawals during the second quarter after redemption requests exceeded the fund’s quarterly liquidity threshold. According to a company filing, investors sought to redeem 11.6% of outstanding shares during the quarter, well above the fund’s 5% quarterly redemption cap. …

Executive summary Kevin Warsh’s first policy decision as Fed chair delivered a hawkish surprise in tone rather than action, holding rates steady but signaling a clear willingness to tighten if inflation re-accelerates. Markets responded with a front-end-led curve flattening, higher real yields, and still‑tame breakeven inflation, reinforcing a late‑cycle regime where quality duration and defensive …

Figure Technology Solutions is making a bold move to expand its blockchain-based capital markets platform, announcing a $717 million agreement to acquire Kiavi, an AI-powered lending platform serving residential real estate investors. The deal includes a joint venture with Sixth Street to purchase loans off Kiavi’s balance sheet. Kiavi has spent 13 years building a …

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts. The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low …

OpenAI and Broadcom have unveiled Jalapeño, OpenAI’s first custom AI accelerator chip, designed from the ground up to handle large language model inference rather than adapted from general-purpose hardware. Engineering samples are already running production workloads in the lab, including GPT-5.3-Codex-Spark, at target frequency and power. Early testing shows performance per watt substantially ahead of …

Executive summary Kevin Warsh’s first policy decision as Fed chair delivered a hawkish surprise in tone rather than action, holding rates steady but signaling a clear willingness to tighten if inflation re-accelerates. Markets responded with a front-end-led curve flattening, higher real yields, and still‑tame breakeven inflation, reinforcing a late‑cycle regime where quality duration and defensive …