News list for " endowment"
According to the FT, US foundations and university endowments are ramping up their investment in cryptocurrencies, which, despite their volatility, have far outperformed other asset classes over the past five years, with many who had been sitting on the sidelines now jumping in, fearing they would miss out on a price rise.
Google has donated $1 million to President-elect Trump's 2025 inauguration fund, becoming the latest tech company to try to build a good relationship with the new administration. Karan Bhatia, Google's head of global government affairs and public policy, said the company will also offer a live stream of the inauguration on YouTube and a direct link on its homepage.
Meta Platforms has donated $1 million to President-elect Donald Trump's inauguration fund as part of its efforts to repair ties with the Trump administration. It has not made a similar donation to President Joe Biden or Trump's first term. (Bloomberg)
The US government is negotiating with several political action committees (PACs) to return up to $13.25 million in political donations donated by former FTX executives. The request has been approved by Judge Lewis Kaplan, who is in charge of the FTX case, and the government will continue to discuss the forfeiture of the funds with the PAC until January 15. The data show that the donations were made by FTX founder Sam Bankman-Fried or former engineering director Nishad Singh, who testified that s...
CathieWood's ArkInvest will donate a fixed percentage of its revenue to OpenSats to permanently fund open-source Bitcoin contributors.
