News list for " Investment Corporation"
According to market sources, Citi Ventures has invested in stablecoin infrastructure startup BVNK for an undisclosed amount. BVNK offers a stablecoin payment track that supports two-way settlement of fiat and crypto assets; co-founder Chris Harmse said the company's valuation is higher than the previous public round of $750 million. Its US market is the fastest growing, driven by the US stablecoin regulation law GENIUS Act. Citi is evaluating the issuance of its own stablecoin and expanding cryp...
Hussainy, interest rate strategist at Columbia Thread Investments, said: "The market is betting that recession risks and tighter financial conditions will force the Fed to cut rates sharply this year, possibly by about 100 basis points." As for Mr. Powell's remarks later in the day, Mr. Hussainy said: "If there is any rebuttal signal from Powell and his team, short-end rates could go off course."
