Todd Morley supports the development of a blockchain tower in New York
May 25, 2021
Per Morley, the building will connect US residents, allowing them to trade cryptos wirelessly.
Morley urged institutions to embrace the blockchain early before their systems get outdated.
Todd Morley, the co-founder and former Executive of Guggenheim Partners, a global investment and advisory financial services firm, has ventured into the blockchain industry. A report unveiled this news on May 25, noting that Morley is supporting the construction of a new blockchain tower in midtown Manhattan. Reportedly, the skyscraper will feature a wireless network that improves access to digital ledgers.
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Many companies are said to have shown interest in working with Forbes in its attempt to go public.
Forbes Media LLC, information and publishing media has been said to be working on merging with Special Purpose Acquisition Company (SPAC) as it works to go public. According to reports, the company has received many interests, with Borderless Services Inc proposing a bid of $700 million. It has been reported that these bids would cause Forbes to remain a privately held company.
An attempt to receive confirmation about the merger with SPAC was unfruitful. However, the spokesperson of Forbes revealed that many companies have shown interest, thanks to the three years of record results.