NanoVMs Launches Investment Round On StartEngine
NanoVMs, the unikernel infrastructurecompany that runs software faster andsafer than Linux has launched aninvesting campaign with StartEngine.The startup has already raised over .
Wallet Factory and Belize Bank to build a mobile payment platform and digital wallet in Belize
Wallet Factory and Belize Bank tobuild a mobile payment platform anddigital wallet in Belize March 29,2021 – Wallet Factory, an .
Provider of SaaS for Financial Institutions Fininbox Doubled Revenue in 2020
March 11th, 2021. According to AntonZujev, Head of Business Developmentand Sales at Fininbox, the doublingof revenue even during the pandemic .
BuildStream launches investment round on Republic
YC Funded BuildStream LaunchesInvestment Campaign for Supply ChainQuality Inspection Marketplace App,Raising $1M From Users and the Crowd.NEW YORK, Feb 21, 2021 .
MassMutual Set to Acquire Fintech Platform Flourish
Massachusetts Mutual Life Insurance Company (MassMutual) announced on Monday it has entered into a definitive agreement with
Stone Ridge Asset Management, an asset manager, to acquire
Flourish, a fintech platform for RIAs.
According to the duo, Flourish provides digitally enabled products and services to RIAs through various modules, including an established cash management offering, Flourish Cash. Flourish Cash is offered through Stone Ridge Securities LLC, Stone Ridge’s registered broker-dealer, which MassMutual will acquire pending regulatory approval.
“Today, Flourish services more than 350 RIAs representing more than $600 billion of AUM and is well positioned to seamlessly deliver additional, valuable services to RIAs and their clients. After the acquisition, Flourish will continue to serve RIAs, operating independently from MassMutual’s existing insurance and wealth management business. The team will focus on del
Bitcoin Maintains $19,000 Level As Corporate Adoption Keeps Growing
Unsplash.
This week CryptoCompare data shows the price of Bitcoin (BTC) moved from about $19,200 at the start of the week to a low slightly above $17,500 before recovering back to $19,100 at press time. The cryptocurrency has maintained this level despite a few pullbacks.
Ether (ETH), the second-largest cryptocurrency by market capitalization, has similarly remained close to $600, despite enduring several pullbacks to $535, from which it recovered quickly. At press time it’s trading at around $580.
Headlines seen in the cryptocurrency space throughout the week have kept on revealing institutional investors are moving into the space. On December 10 the Massachusetts Mutual Life Insurance Company (MassMutual), announced it made a $100 million investment in Bitcoin and bought a minority stake in institutional crypto provider NYDIG.
Argus’ Jacob Kilstein reiterated a Buy rating on Metlife Inc (NYSE: MET), while lowering the price target from $62 to $54. “Our rating reflects the stock’s attractive valuation, as well as the company’s global initiatives and efforts to return cash to shareholders,. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Major Insurer Massmutual Invests $100 Million in Bitcoin for Long-Term Value
Leading life insurance company Massmutual has become the latest big company to invest a huge sum of money in bitcoin. Massmutual believes that having a bitcoin position in its investment account will help the company deliver long-term value to its insurance policyholders.
Massmutual Buys Bitcoin Worth $100 Million
Massachusetts Mutual Life Insurance Company (Massmutual) announced on Thursday that it has purchased $100 million worth of bitcoin and also a $5 million equity investment in Nydig, a provider of institutional investment and technology solutions for bitcoin.
Founded in 1851, Massmutual is one of the largest and most highly rated life insurance companies in the United States. Nydig is a bitcoin-centric financial services firm founded in 2017 as the digital asset subsidiary of Stone Ridge Holdings Group. It holds both a Bitlicense and a limited purpose trust charter from the New